1d ago
KUALA LUMPUR, June 24 (Bernama) -- The ringgit has edged lower this year on expectations that US interest rates will remain elevated, the Ministry of Finance (MOF) said, though the currency continues to be underpinned by strong domestic fundamentals.
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KUALA LUMPUR, June 24 (Bernama) -- Malaysia’s onshore foreign exchange (FX) market remains healthy, with the average daily FX turnover rising to US$21.3 billion as of June this year, as compared with US$19.8 billion in 2025, according to Bank Negara Malaysia’s (BNM) Financial Markets Committee (FMC).
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KUALA LUMPUR, June 24 (Bernama) -- The government is taking a long-term approach to ensure water security in Johor remains safeguarded, in line with rapid growth in the industrial sector, urban development and strategic investments, including data centres.
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KUALA LUMPUR, June 23 (Bernama) -- Malaysia is always open to strengthening strategic cooperation with the United Arab Emirates (UAE) in various high-potential economic sectors including the petroleum and gas, petrochemical and logistics industries to drive trade, investment and the development of high-value industries.
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KUALA LUMPUR, June 23 (Bernama) -- LBS Bina Group Bhd group executive chairman Tan Sri Dr Lim Hock San has been conferred the Lifetime Achievement Award 2026 - Visionary Business Leadership & Community Excellence at the ASEAN Outstanding Business Award 2026 held in Kuala Lumpur.
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KUALA LUMPUR, June 23 (Bernama) -- Sunway Bhd's indirect wholly-owned subsidiary, SMCL Haven 3 Pte Ltd (SMCLH3), has secured a SGD750.57 million (RM2.4 billion) residential development site at River Valley Green, Singapore, through a joint bid with CSC Land Group (Singapore) Pte Ltd.
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BANGI, June 23 (Bernama) -- Food and support services company, Desatera Sdn Bhd, aims to increase its outlets to at least 15 this year to bolster its commercial segment as a driver of future growth.
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KUALA LUMPUR, June 23 (Bernama) -- Paragon Globe Bhd’s (PGB) wholly-owned subsidiary, PGB Landmark Sdn Bhd, has proposed to dispose of two parcels of freehold land in Tanjung Kupang, Johor, for RM398.11 million to Dayone Data Centers Malaysia III Sdn Bhd.
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SHAH ALAM, June 23 (Bernama) -- The Selangor State Development Corporation (PKNS), through its subsidiary, Selangor Industrial Corporation Sdn Bhd (SIC), has signed a Joint Venture Agreement (JVA) with Data Centre Union Sdn Bhd (DC Union) to develop a high-tech data centre in Cyberjaya.
1d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, June 23 (Bernama) -- Bursa Malaysia extended its losses on Tuesday as investors remained on the sidelines amid persistent uncertainties and the absence of significant market catalysts, an analyst said.
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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.
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KUALA LUMPUR, June 23 (Bernama) -- Oil prices are likely to move between US$65 and US$80 per barrel over the next six to 12 months amid ongoing uncertainties surrounding negotiations between the United States (US) and Iran, according to a veteran oil market analyst.