Malaysia's Role As Strategic Semiconductor Hub More Vital Amid Global Supply Chain Shift

KUALA LUMPUR, June 9 (Bernama) -- Malaysia’s role as a strategic semiconductor hub is becoming increasingly important as geopolitical tensions continue to reshape global supply chains.

Anwar's Call For Nationwide Crackdown For Illegal Foreign-run Businesses Timely - Economist

KUALA LUMPUR, June 9 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim's call for an immediate crackdown on illegal foreign-run businesses nationwide is timely, as such operations can harm micro, small and medium enterprises (MSMEs), according to an economist.

Ringgit Opens Higher Against US Dollar, Most Major Currencies

KUALA LUMPUR, June 9 (Bernama) -- The ringgit opened higher against the US dollar and most major currencies today, tracking a slight pullback in the US Dollar Index (DXY) amid easing tensions in West Asia.

MPRC Should Take Stronger Role To Help OGSE Companies Expand Globally -- Akmal Nasrullah

PUTRAJAYA, June 8 (Bernama) -- The Malaysia Petroleum Resources Corporation (MPRC) should take a stronger leadership role in helping Malaysian oil and gas services and equipment (OGSE) companies expand beyond the domestic market and build long-term industry resilience, according to Minister of Economy Akmal Nasrullah Mohd Nasir.

Cypark To Raise RM52.66 Mln Via Private Placement For Project Funding, Working Capital

KUALA LUMPUR, June 8 (Bernama) -- Cypark Resources Bhd has proposed a private placement of up to 10 per cent of its issued share capital involving the issuance of up to 82.28 million new shares to third-party investors, which is expected to raise approximately RM52.66 million.

Muhibbah Bags RM300 Mln LNG Regasification Terminal Contract In Lumut

KUALA LUMPUR, June 8 (Bernama) -- Muhibbah Engineering (M) Bhd has secured a RM300 million engineering, procurement, construction and commissioning (EPCC) contract from Lumut Maritime Terminal Sdn Bhd (LMTSB).

8,500 Healthcare SMEs To Benefit From Credibill, Pharmaniaga Collaboration

KUALA LUMPUR, June 8 (Bernama) -- More than 8,500 small and medium enterprises (SMEs) in the healthcare sector across Pharmaniaga Bhd's network will benefit from its strategic partnership with CrediBill Sdn Bhd, which offers payment flexibility for the purchase of pharmaceutical and healthcare products.

Zetrix AI Philippine Joint Venture Signs Agreements With Multiple Govt Entities On Digital Payments

KUALA LUMPUR, June 8 (Bernama) -- Zetrix AI Bhd, formerly known as MYEG Services Bhd, announced that its joint venture in the Philippines, namely MYEG Philippines Inc (MYEG PH) has signed several agreements for the provision of digital payment services with multiple government entities to reinforce its position in enabling government digitalisation in the country.

Ringgit Ends Lower Against US Dollar

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 8 (Bernama) -- The ringgit ended lower against the US dollar today as stronger-than-expected United States (US) labour market data reinforced expectations that the US Federal Reserve would maintain its restrictive monetary policy stance, boosting demand for the greenback, an economist said.

Malaysia Secures RM92.8 Bln Approved Investments In 1Q 2026 -- MIDA

KUALA LUMPUR, June 8 (Bernama) -- Malaysia has secured RM92.8 billion in approved investments for the first quarter of 2026 (1Q 2026), with Japan emerging as the largest foreign investor and domestic investment recording its strongest year-on-year growth in the reporting quarter.

North Atlantic France To Launch Tender Offer For Remaining North Atlantic Energies Shares

KUALA LUMPUR, June 8 (Bernama) -- North Atlantic France announced its plans to launch a simplified mandatory tender offer for the remaining shares of North Atlantic Energies that it does not already own, offering 28.93 euros per share. (1 Euro = RM4.66)

Digital Realty Launches Malaysia Platform, Targets 32MW Data Centre Capacity

KUALA LUMPUR, June 8 (Bernama) -- Digital Realty has launched its Malaysia platform, marking a key milestone in its Asia Pacific expansion, with plans to develop and scale its data centre capacity in the country to approximately 32 megawatts (MW).