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KUALA LUMPUR, June 25 (Bernama) -- The ringgit opened firmer against the US dollar today, extending yesterday’s gains as investor sentiment improved after data showed Malaysia’s foreign direct investment (FDI) surged 41.2 per cent to RM65.9 billion in 2025.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, June 24 (Bernama) -- Malaysia’s ability to attract strong foreign direct investment (FDI) while domestic companies continue expanding overseas underscores the country’s growing economic strength, competitiveness and investor confidence in the country’s long-term prospects, economists said.
By Danni Haizal Danial Donald
KUALA LUMPUR, June 24 (Bernama) -- The ringgit extended its gains to close higher against the US dollar and other major currencies, as well as ASEAN peers, on Wednesday, supported by stronger-than-expected economic data in Malaysia, which boosted investor confidence and market sentiment.
KUALA LUMPUR, June 24 (Bernama) -- The government has no plans to expand the fuel subsidy programme after the recent adjustment in subsidised diesel prices, said Deputy Finance Minister Liew Chin Tong.
KUALA LUMPUR, June 24 (Bernama) -- Malaysia’s foreign direct investment (FDI) rose 41.2 per cent to RM65.9 billion in 2025 from RM46.7 billion a year earlier, the Department of Statistics Malaysia (DoSM) said.
BUTTERWORTH, June 23 (Bernama) -- The Bumiputera Agenda Steering Unit (TERAJU) approved nearly RM134 million in financing for 143 Bumiputera companies in the Northern Corridor Economic Region (NCER) in the period from Dec 1, 2024 to May 31, 2026.
GEORGE TOWN, June 23 (Bernama) -- The Penang government is exploring the possibility of launching direct flights between Jinan and Penang as part of its efforts to strengthen air connectivity with northern China and expand the state’s tourism market reach.
KUALA LUMPUR, June 22 (Bernama) -- Yayasan Peneraju (YP), an agency under the Ministry of Economy, announced that its chief executive officer (CEO) Ibrahim Sani will step down from his position effective July 1, 2026.
BATU KAWAN, June 20 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim described Petroliam Nasional Bhd’s (Petronas) success in securing access to one of the world’s largest gas fields in Turkmenistan as clear evidence of international confidence in Malaysia’s capabilities, political stability and the professionalism of its local companies.
ASHGABAT (TURKMENISTAN), June 20 (Bernama) -- Since 1996, Petroliam Nasional Bhd (Petronas), through its wholly-owned subsidiary Petronas Carigali (Turkmenistan) Sdn Bhd (PC(T)SB), has established a presence in Turkmenistan, a Central Asian nation known for possessing some of the world’s largest oil and gas reserves.
JAKARTA, June 20 (Bernama) -- Indonesia's plan to tighten oversight of strategic commodity exports through a new state-linked monitoring framework is being closely watched by industry players in Malaysia as well as buyers and traders in major markets, with analysts assessing its potential implications for the global palm oil trade.
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.
