LATEST NEWS   Malaysia ready to welcome F1 back to Sepang, showcase its world-class facilities, operational excellence and hospitality, and strengthen ties with Bahrain - PM Anwar | Weightlifter Mohamad Aniq Kasdan sets new Commonwealth Games records of 152kg in the clean and jerk, total lift of 273kg | PM Anwar extends appreciation to Prince Salman Hamad Al Khalifa, the Bahrain government for their trust & confidence in Malaysia to host the Bahrain GP | Weightlifter Mohamad Aniq Kasdan delivers Malaysia’s first gold medal at the Glasgow 2026 Commonwealth Games after winning the men’s 60kg category | Malaysia confirmed as host of the Formula 1 Bahrain Grand Prix on Oct 2-4 - F1 | 

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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.

MIGHT, UNIDO Launch Sustainable Cities Programme In Selangor

KUALA LUMPUR, June 16 (Bernama) -- The Malaysian Industry-Government Group for High Technology (MIGHT), in collaboration with the United Nations Industrial Development Organisation (UNIDO), has launched the GEF-8 Sustainable Cities Integrated Programme (SCIP) in Selangor.

CPO Futures End Higher Amid Weather-related Supply Concerns

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, June 16 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher today amid concerns over weather-related issues, a trader said.

Gold Futures Close Higher On Lower Oil Prices

KUALA LUMPUR, June 16 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Tuesday amid lower oil prices, which eased inflation concerns and improved sentiment towards the precious metal.

Beshom Unit To Dispose Of Kapar Industrial Land For RM85.8 Mln

KUALA LUMPUR, June 16 (Bernama) -- Beshom Holdings Bhd’s wholly-owned subsidiary, Hai-O Enterprise Bhd, has entered into a sale and purchase agreement with JT Development Sdn Bhd for the proposed disposal of three plots of freehold industrial land for a cash consideration of RM85.80 million.

Scanwolf Secures RM75 Mln Substructure Project In KL

KUALA LUMPUR, June 16 (Bernama) -- Scanwolf Corporation Bhd (SCB) has secured a RM75 million contract for piling and substructure works related to a 74-storey mixed development project in Jalan Pavilion, Kuala Lumpur.

KLCI Futures Close Higher In Line With Cash Market

KUALA LUMPUR, June 16 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher today, tracking the positive performance of the underlying cash market.

Ringgit Closes Lower Against Greenback On BOJ Interest Rate Increase

By K. Naveen Prabu

KUALA LUMPUR, June 16 (Bernama) -- The ringgit closed lower against the US dollar on Tuesday as investors remained cautious following the Bank of Japan's (BOJ) decision to raise interest rates. 

IRDA, Taiwan's Taoyuan City Govt In Pact To Advance Industrial Collaboration

ISKANDAR PUTERI, June 16 (Bernama) -- The Iskandar Regional Development Authority (IRDA) has formalised a strategic partnership with Taoyuan City Government in Taiwan to promote industrial collaboration, strengthen talent development and enhance mutual economic competitiveness.

Bursa Malaysia Ends Higher For Second Straight Day On Heavyweight Buying

By Siti Noor Afera Abu

KUALA LUMPUR, June 16 (Bernama) -- Bursa Malaysia’s key index extended its rebound for a second consecutive day, closing more than one per cent higher,yh as investor sentiment remained buoyant amid improving regional market conditions and sustained buying interest in heavyweight counters. 

Allianz Malaysia Shareholders Approve All Resolutions At 52nd AGM

KUALA LUMPUR, June 16 (Bernama) -- Allianz Malaysia Bhd’s shareholders have approved all resolutions tabled at the group’s 52nd annual general meeting (AGM) as the insurer marks its 25th anniversary this year.

Boomi Study Finds Data Gaps Threaten AI Returns In APAC 

KUALA LUMPUR, June 16 (Bernama) -- Boomi, the data activation company for artificial intelligence (AI), announced new research conducted by Omdia found that many organisations across Asia Pacific (APAC) lack the data foundations needed to generate measurable returns from AI investments despite rapid adoption of the technology.