| LATEST NEWS | At 6 pm, the ringgit eased to 4.0670/0715 against the US dollar from Tuesday’s close of 4.0580/0630 | Global petroleum market more stable but influenced by uncertainty over physical supply, global stock levels and seasonal demand across major regions - MOF | RON95 subsidy is projected to be about RM2 bln a month, diesel about RM1.5 bln - MOF | Govt's RON95 petrol and diesel subsidy burden based on market prices is still expected to remain high at about RM3.5 bln a month - MOF | Prices of RON95, RON97 and diesel in the peninsula remain unchanged for June 11 to 17 - MOF | |
TOKYO, June 10 (Bernama) -- Malaysia and Japan have agreed to strengthen cooperation in energy, strategic industries and supply chain resilience during talks between Prime Minister Datuk Seri Anwar Ibrahim and Japanese Prime Minister Sanae Takaichi.
TOKYO, June 10 (Bernama) -- Malaysia and Japan can make a meaningful contribution to strengthening regional supply chains, particularly in semiconductors, Prime Minister Datuk Seri Anwar Ibrahim said today.
KUALA LUMPUR, June 10 (Bernama) -- Resilient domestic demand and still-contained underlying inflation should allow Bank Negara Malaysia (BNM) to keep the overnight policy rate (OPR) at 2.75 per cent throughout 2026, said Kenanga Investment Bank Bhd (Kenanga IB).
KUALA LUMPUR, June 10 (Bernama) -- Data centre projects are expected to remain a key growth driver for Malaysia’s construction sector, supported by hyperscaler expansion, growing investments in digital infrastructure and rising power requirements, according to MBSB Bank Investment Bhd (MBSB IB).
SINGAPORE, June 9 (Bernama) -- DHL Supply Chain announced the expansion of its data centre logistics capabilities across the Asia Pacific region to strengthen its position as a strategic partner for hyper-scalers and data centre operators.
KUALA LUMPUR, June 9 (Bernama) -- The Malaysian Industry-Government Group for High Technology (MIGHT) has unveiled the Malaysia Rail Industry Report 2025/2026.
By Harizah Hanim Mohamed
KUALA LUMPUR, June 9 (Bernama) -- Bursa Malaysia ended lower on Tuesday as investors adopted a cautious stance amid external uncertainties, keeping a close watch on the upcoming United States inflation as well as developments surrounding the fragile Israel-Iran ceasefire.
KUALA LUMPUR, June 9 (Bernama) – Malaysia’s monthly fuel subsidy bill climbed to as high as RM7.5 billion at one point in April, as tensions in West Asia pushed up global oil prices and heightened concerns over energy supplies, Finance Minister II Datuk Seri Amir Hamzah Azizan said.
KUALA LUMPUR, June 9 (Bernama) -- Space42, the United Arab Emirates (UAE)-based artificial intelligence (AI)-powered SpaceTech company, has strengthened its Earth observation capabilities following the full operational deployment of the Foresight-3, Foresight-4, and Foresight-5 satellites.
KUALA LUMPUR, June 9 (Bernama) -- Government-linked investment companies (GLICs), namely the Employees Provident Fund, Permodalan Nasional Bhd and Retirement Fund Incorporated (KWAP), will allocate a portion of their capital to support companies that demonstrate a strong commitment to value creation and the adoption of 'MY Value Up' principles.
KUALA LUMPUR, June 9 (Bernama) -- Malaysia must ensure that investments are channelled towards strengthening firms, deepening industrial linkages, and building higher-value capabilities to support the country’s next phase of economic development.
KUALA LUMPUR, June 9 (Bernama) -- Malaysia must continue to strengthen fiscal discipline, improve public service delivery, support businesses, protect the rakyat and position the country to capture higher-value investment and growth, said Finance Minister II Senator Datuk Seri Amir Hamzah Azizan.
