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 Malaysia's Next Economic Milestone: Can GDP Per Capita Reach US$20,000 By Early 2030s?

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 30 (Bernama) -- Malaysia has crossed another important economic milestone, with nominal gross domestic product (GDP) per capita surpassing the US$15,000 (US$1 = RM4.06) mark in 2026, according to the International Monetary Fund (IMF).

Maybank Raises Sustainable Finance Target Across ASEAN To US$73 Bln By 2030

JAKARTA, June 30 (Bernama) -- Maybank Group has committed to mobilise US$73 billion (US$1 = RM 4.06) in sustainable finance across ASEAN by 2030, raising its ambition as it continues to support what it describes as a responsible and orderly transition that drives long-term growth and resilience.

Bursa Malaysia Ends Morning Session Marginally Higher

KUALA LUMPUR, June 30 (Bernama) --  Bursa Malaysia ended the morning trading session slightly higher, supported by continued buying interest in selected heavyweight counters, particularly in the financial, utilities, and industrial products and services sectors.

Digital Payment Provider Paydibs Eyes Southeast Asia, South Asia Expansion

By Fatin Umairah Abdul Hamid

 

KUALA LUMPUR, June 30 (Bernama) -- Homegrown Malaysian fintech company Paydibs Sdn Bhd is expanding into Southeast Asia and South Asia, with plans to enter Thailand, Indonesia and the Philippines by the end of this year, said its chief executive officer Tee Kean Kang.

Bursa Malaysia Opens Marginally Higher

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 30 (Bernama) -- Bursa Malaysia opened marginally higher on Tuesday, tracking Wall Street’s overnight gains as investor sentiment was lifted by the continued pause in military strikes between the US and Iran.

Jati Tinggi Bags RM86 Mln Power Infrastructure Contract For Data Centre In Kapar

KUALA LUMPUR, June 29 (Bernama) -- Jati Tinggi Group Bhd (JTGB) has clinched an RM86 million contract to undertake the design and construction of a 275-kilovolt (kV) overhead transmission line and related power infrastructure for a data centre in Kapar, Selangor.

Bursa Malaysia Pares Earlier Losses To End Slightly Lower

KUALA LUMPUR, June 29 (Bernama) -- Bursa Malaysia ended marginally lower on Monday, with the benchmark index paring its earlier losses after rebounding strongly from intraday lows amid heavy selling in the morning session.

ACE Market-Bound SRKK AI's IPO Oversubscribed By 312.3 Times

KUALA LUMPUR, June 29 (Bernama) -- The retail tranche of SRKK AI Bhd's initial public offering (IPO) was oversubscribed by 312.3 times ahead of the company's listing on the ACE Market of Bursa Malaysia on July 9, 2026.

SEDC Energy Ready For Nationwide BUDI Diesel Rollout

KUCHING, June 29 (Bernama) -- The nationwide implementation of the BUDI MADANI Diesel (BUDI Diesel) subsidy programme, which begins on July 1, is seen as an important step towards strengthening the targeted subsidy mechanism and reducing leakages.

EPIC Targets RM700 Mln Revenue, RM1 Bln NAV By 2030

By Siti Radziah Hamzah

KUALA LUMPUR, June 29 (Bernama) -- Eastern Pacific Industrial Corp Bhd (EPIC) is targeting annual revenue of RM700 million and net asset value (NAV) of RM1 billion by 2030 under its EPIC Strategic Business Plan 2025-2030 (EPIC BEST 2530), supported by expansion in its oil and gas (O&G), port management and renewable energy businesses.

Nexgram Subsidiary Kicks Off RM2 Bln Neu Nexus Century City Development In Cyberjaya

PUTRAJAYA, June 29 (Bernama) -- Nexgram Holdings Bhd’s subsidiary, Neu Nexus Century City Sdn Bhd (NNCC), today kicked off the development of Neu Nexus Century City in Cyberjaya, an artificial intelligence (AI) infrastructure, energy and mixed-use development project with an estimated gross development value of RM2 billion.

Malaysia Airports Accelerates Transformation Post-Privatisation Exercise

KUALA LUMPUR, June 29 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) has accelerated its organisation-wide transformation to strengthen governance, project delivery and internal capabilities following its privatisation exercise in March 2025.