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Malaysia's Onshore FX Market Remains Healthy, Daily Turnover Rises To US$21.3 Bln -- BNM

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).

Paragon Globe Unit To Dispose Of Tanjung Kupang Land For RM398.11 Mln

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.

Generali Malaysia, Amanah Raya Launch Gen Sinar For Underserved Families

KUALA LUMPUR, June 23 (Bernama) -- Generali Insurance Malaysia Bhd (Generali Malaysia), in partnership with Amanah Raya Bhd, has launched Gen Sinar, an affordable personal accident insurance plan designed to empower underserved families with financial protection.

AEON Credit Targets 8.0 Pct Loan Growth For FY2027

KUALA LUMPUR, June 23 (Bernama) -- AEON Credit Service (M) Bhd is targeting loan growth of about eight per cent for the financial year ending Feb 28, 2027 (FY2027), driven by revenue expansion, stable asset quality and enhanced operational efficiency.

BNM, SC Convene Inaugural Meeting To Advance Islamic Finance Agenda

KUALA LUMPUR, June 23 (Bernama) -- Bank Negara Malaysia (BNM) and the Securities Commission Malaysia (SC) have convened the inaugural Malaysia International Islamic Financial Centre (MIFC) Advisory Panel (MAP) meeting yesterday.

KOPSYA Records RM12.7 Mln Net Profit For Financial Year 2025

KUALA LUMPUR, June 22 (Bernama) -- Koperasi Pembiayaan Syariah ANGKASA Bhd (KOPSYA) recorded a net profit of RM12.7 million for financial year 2025, strengthening its position as a trusted cooperative financial institution.

Ringgit Eases Against US Dollar Amid Rising West Asia Tensions

By Danni Haizal Danial Donald

KUALA LUMPUR, June 22 (Bernama) -- The ringgit eased against the US dollar on Monday, as growing uncertainties surrounding the West Asia conflict and expectations of a potential United States (US) Federal Reserve (Fed) interest rate hike fuelled demand for the greenback.

Ibrahim Sani To Step Down As Yayasan Peneraju CEO On July 1

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.

Malaysia, Bangladesh Eye Fast-track FTA, Collaboration In Energy And Halal Industry

PUTRAJAYA, June 22 (Bernama) -- Malaysia and Bangladesh have agreed to strengthen bilateral economic relations through a fast-track free trade agreement (FTA) and enhanced cooperation in key growth sectors, including energy and the halal industry.

Anwar’s Charisma Is A Diplomatic Asset 

By Nurul Hanis Izmir

ISTANBUL, June 21 (Bernama) – Prime Minister Datuk Seri Anwar Ibrahim's recent visit to Russia was marked not only by summit declarations, bilateral meetings and discussions on trade and energy but also by the notable reception he received on the international stage.

Labuan, Kemaman, Kuantan Port Authorities Eye Stronger Collaboration

By Jailani Hasan

LABUAN, June 20 (Bernama) -- The Labuan Port Authority (LPA), Kemaman Port Authority and Kuantan Port Authority are looking to strengthen future collaboration towards becoming more competitive, well-organised and efficient port regulatory bodies in Malaysia.

Gold Futures Close Lower Amid US Fed Rate Hike Expectations

By K. Naveen Prabu

KUALA LUMPUR, June 19 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Friday amid expectations of a possible US Federal Reserve (Fed) interest rate hike later this year, which will support the US dollar and weigh on the appeal of the precious metal.