PKFZ Records RM108 Mln Revenue As 'Reactivation' Hits 86 Pct

PULAU INDAH, June 18 (Bernama) -- The Port Klang Free Zone (PKFZ), now 86 per cent “reactivated” after nearly two decades of underutilisation, has generated RM108 million in revenue.

TA Associates Invests In AIRS Medical For Global Expansion

KUALA LUMPUR, June 18 (Bernama) -- TA Associates (TA), a leading global private equity firm, has made a strategic growth investment in AIRS Medical, a global leader in artificial intelligence (AI)-powered medical imaging solutions.

Extreme Weather, Natural Disasters Top Construction Risks Over Next Five Years -- Zurich

KUALA LUMPUR, June 18 (Bernama) -- Zurich Insurance Group has identified extreme weather and natural disasters as the most severe risks facing the construction sector over the next five years, assigning a score of 6.2 out of seven on its risk severity scale.

Ringgit Opens Easier Against US Dollar

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 18 (Bernama) -- The ringgit opened lower against the US dollar on Thursday as sentiment turned cautious after the US Federal Reserve (Fed) adopted a hawkish tone, driving US Treasury yields higher.

Malaysia Eyes Broader Cooperation With Turkmenistan During Anwar's Visit

From Sharifah Hunaini Syed Ismail

ASHGABAT (TURKMENISTAN) June 18 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s visit to Turkmenistan from June 18 to 19 is highly significant as it is expected not only to create more opportunities for cooperation in the oil and gas sector but also to enhance collaboration in other industries such as transportation, logistics and agriculture between the two countries.

ESG-Ready Malaysian Businesses Better Positioned To Penetrate EU Market, Says GRI

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, June 17 (Bernama) -- Malaysian companies equipped with strong environmental, social and governance (ESG) practices and reporting standards will likely have a distinct competitive advantage and access to business opportunities in the European Union (EU) and other international markets, a sustainability reporting expert said today.

Interest Rate Normalisation In Japan Seen As Having Greater Impact On Asia Than Europe

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 17 (Bernama) -- The Bank of Japan’s (BOJ) ongoing policy normalisation is likely to have a greater impact on Asian financial markets than the European Central Bank’s (ECB) higher-for-longer interest rate stance.

Airbus Confirms Cancellation Of Airasia X Order For 15 A330-900 Aircraft

By Kisho Kumari Sucedaram

KUALA LUMPUR, June 17 (Bernama) -- Airbus has confirmed that AirAsia X's order for 15 Airbus A330-900 aircraft has been cancelled by mutual agreement between the two parties.

Oil Prices To Retain US$5-US$10 Risk Premium Per Barrel Despite US-Iran MoU -- Rystad Energy

KUALA LUMPUR, June 16 (Bernama) -- Crude oil prices are expected to retain a residual geopolitical risk premium of between US$5 and US$10 per barrel despite the virtual signing of the United States (US)-Iran memorandum of understanding (MoU), said Rystad Energy.

Malaysian Equities Expected To Rebound In 2H 2026 Supported By US-Iran Peace Deal -- Affin Hwang

KUALA LUMPUR, June 16 (Bernama) -- Affin Hwang Investment Bank Bhd expects Malaysia's equity market to rebound in the second half of 2026 (2H 2026), supported by a potential United States-Iran peace deal. 

Malaysia's Total Trade Hits RM3.1 Trillion In 2025, Penang Tops Exports -- DOSM

GEORGE TOWN, June 16 (Bernama) -- Malaysia’s total trade expanded to RM3.1 trillion in 2025, comprising RM1.6 trillion in exports and RM1.5 trillion in imports, with Penang continuing to lead the nation’s export performance, according to the Department of Statistics Malaysia (DOSM).

CPO Futures End Mostly Lower, Tracking Loss In Soybean Oil

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, June 15 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended mostly lower on Monday, tracking losses in soybean oil.