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Ringgit Improves Vs Greenback Amid Progress In West Asia Peace Talks

KUALA LUMPUR, June 23 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday as peace negotiations in West Asia made progress, an analyst said.

Roda Land, Sime Darby Industrial Collaborate To Support Smarter, Sustainable Farming Operations

KUALA LUMPUR, June 22 (Bernama) -- Roda Land Sdn Bhd (Roda Land) and Sime Darby Industrial Sdn Bhd have entered into a strategic collaboration aimed at advancing agricultural mechanisation and supporting more sustainable farming operations in Malaysia through the adoption of innovative tire and wheel solutions.

Anwar's Turkmenistan Visit, Petronas' New Agreements A Boon To Malaysian Companies' Credibility

KUALA LUMPUR, June 22 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s recent visit to Turkmenistan, which saw Petroliam Nasional Bhd (Petronas) cement new agreements after a 30-year presence in the country, should be viewed as more than a diplomatic mission, economists said.

Ajinomoto Malaysia's Parent Company Offers RM20 Per Share In Privatisation Bid

KUALA LUMPUR, June 22 (Bernama) -- Ajinomoto (Malaysia) Bhd’s (AMB) parent company Ajinomoto Co Inc (Ajico) has proposed to privatise the food seasoning manufacturer via a selective capital reduction and repayment (SCR) exercise at RM20 per share.

VS Industry Draws Mixed Analyst Calls Amid Slow Order Recovery

KUALA LUMPUR, June 22 (Bernama) -- Analysts are taking a mixed stance on VS Industry Bhd following the company's weaker corporate results for the nine-month financial year 2026 (9MFY2026). 

Bursa Malaysia Opens Lower On Cautious Tone

KUALA LUMPUR, June 22 (Bernama) -- Bursa Malaysia opened lower on Monday on a cautious tone after a flat performance last Friday, amid Wall Street and Hong Kong market closures due to public holidays. 

Malaysia's New Phase Of Economy Based On High Tech, Semiconductors And AI -- PM Anwar

KUALA LUMPUR, June 20 (Bernama) -- Malaysia is entering a new phase of economy based on high technology, semiconductors, innovation and artificial intelligence (AI), said Prime Minister Datuk Seri Anwar Ibrahim.

Setia Fontaines Industrial Park Drives High-tech Investments In Penang

KEPALA BATAS, June 20 (Bernama) -- SP Setia Bhd today marked another significant milestone when it commenced the development of Setia Fontaines Industrial Park in Bertam through a ground-breaking ceremony, marking an achievement in the group's growth strategy and strengthening Penang's position as a future-ready investment destination.

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.

Malaysia's Rise In IMD Ranking Reflects Sustained Reforms, Public-Private Cooperation - FMM

KUALA LUMPUR, June 19 (Bernama) -- Malaysia's rise to 15th place in the 2026 International Institute for Management Development (IMD) World Competitiveness Ranking reflects sustained reform efforts and closer coordination between the public and private sectors, the Federation of Malaysian Manufacturing (FMM) said.

VS Industry Posts Net Loss Of RM32.91 Mln In 3Q 2026 Due To Lower Orders

KUALA LUMPUR, June 19 (Bernama) -- VS Industry Bhd recorded a net loss of RM32.91 million in the third quarter ended April 30, 2026 (3Q 2026) from a net profit of RM23.77 million posted in the same quarter last year.