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Economy

RM1 Fee Waiver For Interbank Cash Withdrawals Eases Financial Burden -- Amir Hamzah

KUALA LUMPUR, June 30 (Bernama) – The RM1 fee waiver for interbank cash withdrawals at automated teller machines (ATMs) and Smart Recycler Machines (SRMs), effective July 1, is expected to help ease the financial burden on the public, said Finance Minister II Senator Datuk Seri Amir Hamzah Azizan.

Veson Nautical Launches Unified AI Platform For Maritime Operations, Data Insights

KUALA LUMPUR, June 30 (Bernama) -- Veson Nautical has unveiled the Veson Platform, a unified, artificial intelligence (AI)-powered experience that brings together IMOS, CoCaptain, Mail, and newly released Vessel Insights and Bunker Insights under a single interface.

Medisca Founder Antonio Dos Santos Returns As CEO

KUALA LUMPUR, June 30 (Bernama) -- Medisca has appointed founder and chairman Antonio Dos Santos as chief executive officer (CEO), succeeding Sanjay Goorachurn as part of the company's leadership transition.

Toshiba Unveils 80V N-Channel Power MOSFET For AI Data Centres

KUALA LUMPUR, June 30 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has launched “TPM1R408RH”, an 80-volt (V) N-channel power MOSFET fabricated using U-MOS11-H, its latest-generation process.

Sabah Needs Integrated Logistics Masterplan To Give Holistic Direction

LABUAN, June 30 (Bernama) -- Sabah needs an integrated logistics and transport master plan to address challenges at the structural level instead of relying on fragmented, project-by-project solutions, a logistics expert said.

 Malaysia's Next Economic Milestone: Can GDP Per Capita Reach US$20,000 By Early 2030s?

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 30 (Bernama) -- Malaysia has crossed another important economic milestone, with nominal gross domestic product (GDP) per capita surpassing the US$15,000 (US$1 = RM4.06) mark in 2026, according to the International Monetary Fund (IMF).

MPOB Expects CPO Prices To Remain Strong At RM4,000-RM4,300 A Tonne This Year

BANGI, June 30 (Bernama) -- The Malaysian Palm Oil Board (MPOB) expects the average price of crude palm oil (CPO) to remain strong at between RM4,000 and RM4,300 per tonne this year, supported by current global petroleum prices.

PJL Sells First Team In US$50 Mln Deal To McCarthy Jumping Team

KUALA LUMPUR, June 30 (Bernama) -- The Premier Jumping League (PJL) announced that seasoned trader, investor, and competitive race car driver Jason McCarthy and McCarthy Jumping League LLC acquired the league’s first team in a landmark US$50 million transaction. (US$1=RM4.06)

BNM: Malaysia's Official Reserve Assets At US$130.63 Bln At End-May 2026

KUALA LUMPUR, June 30 (Bernama) -- Malaysia’s official reserve assets amounted to US$130.63 billion at the end of May 2026, compared with US$129.73 billion at the end of April 2026.

MPOB Commercialisation Of Over 240 Technologies Shows Palm Oil Research Remains Relevant - Noraini

BANGI, June 30 (Bernama) -- The Malaysian Palm Oil Board's (MPOB) commercialisation of more than 240 technologies with a combined potential market value exceeding RM6 billion demonstrates that Malaysia’s palm oil research remains aligned with industry needs, Plantation and Commodities Minister Datuk Seri Dr Noraini Ahmad said.

ACE Market Debutant Liftech Eyes Growth In Chip, Aerospace Sectors

KUALA LUMPUR, June 30 (Bernama) -- ACE Market debutant Liftech Group Bhd is eyeing growth opportunities in Malaysia's expanding semiconductor, aerospace, and data centre sectors as the country continues to attract investment in advanced manufacturing and digital infrastructure.

Malaysian Exporters Record RM160 Mln In Trade Leads At Korea Import Expo 2026

KUALA LUMPUR, June 30 (Bernama) -- The Malaysian delegation has secured export prospects of RM160 million at the recently concluded Korea Import Expo (KIE) 2026, outperforming the initial target of RM120 million, said the Malaysia External Trade Development Corporation (MATRADE).