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Malaysia-Turkmenistan Collaboration Goes Beyond Mere Commercial Interest - PM Anwar

From Sharifah Hunaini Syed Ismail

ASHGABAT (TURKMENISTAN) June 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the agreement signed between Malaysia and Turkmenistan reflects a mutual commitment to long-term cooperation that goes beyond mere commercial interests.

Acquisition of One of World's Largest Gas Fields An Extraordinary Achievement For Petronas - PM Anwar

From Sharifah Hunaini Syed Ismail

ASHGABAT (TURKMENISTAN) June 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has described Petroliam Nasional Bhd’s (Petronas) success in securing one of the world's largest gas fields, following an agreement signed with the government of Turkmenistan, as an extraordinary achievement that positions the national oil and gas company among industry leaders.

CPO Futures End Week Higher On Supply Concerns, West Asia Tensions

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, June 19 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended the week to close higher on Friday, driven by supply concerns and renewed tension in West Asia, said a trader.

Gold Futures Close Lower Amid US Fed Rate Hike Expectations

By K. Naveen Prabu

KUALA LUMPUR, June 19 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Friday amid expectations of a possible US Federal Reserve (Fed) interest rate hike later this year, which will support the US dollar and weigh on the appeal of the precious metal.

TWL Holdings Unit Buys 45 Pct Stake In Fairise Odyssey

KUALA LUMPUR, June 19 (Bernama) -- TWL Holdings Bhd's (TWL) wholly owned subsidiary TWL Builders Sdn Bhd has acquired a 45 per cent stake in Fairise Odyssey (M) Sdn Bhd (FOSB), comprising 45,000 ordinary shares of RM1 each for RM42 million.

Trading Of Ajinomoto's Shares To Be Suspended On Monday Pending Announcement

KUALA LUMPUR, June 19 (Bernama) -- Trading of Ajinomoto (Malaysia) Bhd's (AMB) shares will be suspended from 9 am to 5 pm on Monday pending an announcement.

Ringgit Closes Lower Against Greenback Amid Continued Expectation For Fed Rate Hike

By K. Naveen Prabu

KUALA LUMPUR, June 19 (Bernama) -- The ringgit closed lower against the US dollar on Friday as persistent expectations of a possible US Federal Reserve (Fed) interest rate hike later this year continued to drive the greenback.

Businesses Should Identify Pain Points Amid Rising Uncertainty - Economist

KUALA LUMPUR, June 19 (Bernama) -- Malaysian businesses should identify their operational pain points before making strategic decisions as the business landscape becomes increasingly uncertain, said AmBank Group chief economist Firdaos Rosli.

Petronas, Turkmenistan Strategic Partnership Opens New Chapter In Bilateral Economic, Energy Relations

From Sharifah Hunaini Syed Ismail

ASHGABAT (TURKMENISTAN), June 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim and Turkmenistan President Serdar Berdimuhamedov today witnessed the signing of a strategic partnership between Petronas and Turkmenistan authorities, marking a new chapter in economic and energy relations between the two countries.

Medical, Insurance, Takaful Practitioners Boost Healthcare Ecosystem Via HPPSC Platform

KUALA LUMPUR, June 19 (Bernama) -- Five medical and insurance/takaful associations said initiatives are being implemented to enhance communication and operational efficiency among doctors, hospitals, insurers and takaful operators.

KLCI Futures Close Slightly Lower

KUALA LUMPUR, June 19 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed slightly lower today in contrast with the cash market.

Vestland Unit Secures RM65 Mln Works Contract

KUALA LUMPUR, June 19 (Bernama) -- Construction company Vestland Bhd’s wholly owned subsidiary, Vestland Infra Sdn Bhd (VISB) has accepted a letter of award from Scanwolf Trading & Construction Sdn Bhd (STCSB) for a works contract worth RM65 million.