Economy

Affin Hwang Investment Bank Launches ELIs To Help Investors Navigate Market Volatility

KUALA LUMPUR, June 16 (Bernama) -- Affin Hwang Investment Bank Bhd today launched Equity-Linked Investments (ELIs) to provide investors customised exposure to a broad range of underlying assets while supporting diverse market and risk-return objectives amid ongoing global uncertainties.

Elsa To Grow Digital Technology, Robotics, Engineering Segments After Positive ACE Market Debut

KUALA LUMPUR, June 16 (Bernama) -- Integrated oil and gas services and equipment (OGSE) provider Elsa Bhd aims to accelerate its growth in the digital technology, robotics, and engineering segments following an encouraging debut on Bursa Malaysia’s ACE Market today.

TERAJU's Transfer To PM's Department Boosts PuTERA35 Agenda

KUALA LUMPUR, June 16 (Bernama) -- Placing the Bumiputera Agenda Steering Unit (TERAJU) under the Prime Minister's Department will enable the agency to advance the Bumiputera Economic Transformation Plan 2035 (PuTERA35), said Economy Minister Akmal Nasrullah Mohd Nasir.

Good Relations With Major Powers Do Not Compromise National Principles - PM Anwar

MUAR, June 15 (Bernama) -- Maintaining good relations with major world powers such as China and the United States has never weakened Malaysia's position in upholding its national principles on international issues, Prime Minister Datuk Seri Anwar Ibrahim said.

Tanco: Business Fundamentals Remain Unaffected Amid Share Price Volatility

KUALA LUMPUR, June 15 (Bernama) -- Tanco Holdings Bhd said its business fundamentals remain unaffected despite recent volatility in its share price that prompted Bursa Malaysia Securities Bhd (Bursa Securities) to issue an Unusual Market Activity (UMA) query.

Timor-Leste Invites Malaysian Investors To Tap Infrastructure Opportunities

PETALING JAYA, June 15 (Bernama) -- Timor-Leste is inviting Malaysian investors to explore investment opportunities and secure project contracts in the country as it embarks on extensive infrastructure development, said President José Ramos-Horta.

Taghill Holdings Unit Bags RM133 Mln Contract For Serviced Apartment Project In Shah Alam

KUALA LUMPUR, June 15 (Bernama) -- Taghill Holdings Bhd’s unit, Taghill Projects Sdn Bhd, has secured a contract from Exsim MX4 Sdn Bhd worth RM133 million to construct and complete the main building and infrastructure works for D'Evia @ Kwasa Damansara (Package 2) at Shah Alam, Selangor.

Mavenir Receives Germany's First BSI NESAS Certification For 5G Network Function

KUALA LUMPUR, June 15 (Bernama) -- Mavenir, the software company building cloud-native, AI-by-design mobile networks, announced it has become the first tier-one telecommunications infrastructure software provider to receive Germany's BSI NESAS certification for a 5G Packet Core network function.

Bioeconomy Corp, South Korea's K-Eco Sign MoU To Advance Sustainable Bioenergy

KUALA LUMPUR, June 15 (Bernama) -- The Malaysian Bioeconomy Development Corporation (Bioeconomy Corp) and South Korea’s Korea Environment Corporation (K-Eco) have signed a memorandum of understanding (MoU) to strengthen cooperation in biogas development and carbon neutrality initiatives.

Global Supply Crisis: Selangor's Financial Position Still Healthy -- Amirudin

SHAH ALAM, June 15 (Bernama) -- Selangor's financial position is still at a healthy level despite the global economic uncertainties following the supply crisis and fluctuations in world markets.

Fee For Interbank ATM Cash Withdrawals To Be Waived From July 1, 2026

KUALA LUMPUR, June 15 (Bernama) -- Customers of all banks in Malaysia can withdraw cash at any bank’s automated teller machine (ATM) or smart recycler machine (SRM) without paying the RM1 fee starting July 1, 2026.