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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).

Johor Water Security Plan Strengthened Amid Rapid Industrial Growth

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.

Malton Shares Up 30 Pct On AI Centre Partnership Proposal

KUALA LUMPUR, June 24 (Bernama) -- Shares of Malton Bhd rose almost 30 per cent in early trade today after it announced plans to collaborate with a United States-based NVIDIA cloud partner to establish artificial intelligence (AI) compute centres in Malaysia.

Ringgit Opens Easier As Strong US Data Supports Dollar

KUALA LUMPUR, June 24 (Bernama) -- The ringgit opened easier against the US dollar this morning and is expected to remain range-bound ahead of the United States' Personal Consumption Expenditures (PCE) inflation report due on Thursday.

Gold Futures Close Lower Amid Hawkish Fed Outlook

By Danni Haizal Danial Donald

KUALA LUMPUR, June 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Tuesday tracking softer United States COMEX markets as the hawkish US Federal Reserve (Fed) outlook on a potential interest rate hike weighed down market sentiment.

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.

SIC, DC Union Ink Deal To Build RM2.5 Bln Data Centre In Cyberjaya

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.

Ringgit Rebounds Versus US Dollar, ASEAN Currencies Ahead Of US PMI Data Release

By Danni Haizal Danial Donald

KUALA LUMPUR, June 23 (Bernama) -- The ringgit rebounded from yesterday’s losses to end higher against the US dollar and ASEAN currencies, and was mostly firmer against other major currencies on Tuesday as investors await the United States Purchasing Managers’ Index (PMI) June data release tonight.

UK, Malaysia Initiate Negotiations On Digital Trade Agreement

KUALA LUMPUR, June 23 (Bernama) -- British High Commission Kuala Lumpur has announced the commencement of negotiations on a new digital trade agreement (DTA) between the United Kingdom (UK) and Malaysia.

Mavenir Unveils Agentic Service Assurance Framework For Autonomous Network Operations

KUALA LUMPUR, June 23 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, has unveiled its Agentic Service Assurance Framework: a TM Forum IG1251/IG1453-aligned, multi-agent system that automates complex network operations across multiple domains.

Govt To Study B50 Implementation As It Weighs Cost Of Upgrading Blending Depots

KUALA LUMPUR, June 23 (Bernama) -- The government will study the feasibility of implementing B50 biodiesel usage, following the need for a comprehensive upgrade of existing blending depots, which is expected to involve significant costs, according to the Ministry of Plantation and Commodities (KPK).

AI Boom, Strong Energy Demand Drive Malaysia's Trade Growth In Jan-May 2026 - Matrade

KUALA LUMPUR, June 22 (Bernama) -- Strong global demand for artificial intelligence (AI) infrastructure and energy products continued to support Malaysia's trade growth in the first five months of 2026, according to the Malaysia External Trade Development Corporation (MATRADE).