Economy

No Rubber Production Incentive Payment For June 2026 -- MRB

KUALA LUMPUR, June 30 (Bernama) -- No Rubber Production Incentive (IPG) payment will be made to rubber smallholders for June 2026 because the average monthly farmgate prices of cuplump had remained above the activation threshold in Peninsular Malaysia, Sabah and Sarawak.

PAAB Launches Malaysia's First Sustainable Islamic Finance Framework Featuring Blue Finance, Advancing Water Security

KUALA LUMPUR, June 30 (Bernama) -- Pengurusan Aset Air Bhd (PAAB), a wholly owned company of the Minister of Finance (Incorporated), today launched its Sustainable Islamic Finance Framework, marking three national milestones.

Maybank Indonesia Established As Financial Conglomerate Holding Company

JAKARTA, June 30 (Bernama) -- Maybank Indonesia's shareholders have approved the bank's establishment as the operational holding company of the Maybank Financial Conglomerate in Indonesia.

WTO Must Adapt To Current International Economic Realities — Johari Ghani

KUALA LUMPUR, June 30 (Bernama) -- The World Trade Organization (WTO) must adapt to the realities of today’s international economy to remain relevant amid intensifying competition and evolving global trade dynamics, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.

Global Air Passenger Demand Down 2.2 Pct In May 2026

KUALA LUMPUR, June 30 (Bernama) -- Total air passenger demand, measured in revenue passenger kilometres (RPK), declined 2.2 per cent year-on-year (y-o-y) in May 2026, according to the International Air Transport Association (IATA).

RM1 Fee Waiver For Interbank Cash Withdrawals Eases Financial Burden -- Amir Hamzah

KUALA LUMPUR, June 30 (Bernama) – The RM1 fee waiver for interbank cash withdrawals at automated teller machines (ATMs) and Smart Recycler Machines (SRMs), effective July 1, is expected to help ease the financial burden on the public, said Finance Minister II Senator Datuk Seri Amir Hamzah Azizan.

Veson Nautical Launches Unified AI Platform For Maritime Operations, Data Insights

KUALA LUMPUR, June 30 (Bernama) -- Veson Nautical has unveiled the Veson Platform, a unified, artificial intelligence (AI)-powered experience that brings together IMOS, CoCaptain, Mail, and newly released Vessel Insights and Bunker Insights under a single interface.

Medisca Founder Antonio Dos Santos Returns As CEO

KUALA LUMPUR, June 30 (Bernama) -- Medisca has appointed founder and chairman Antonio Dos Santos as chief executive officer (CEO), succeeding Sanjay Goorachurn as part of the company's leadership transition.

Toshiba Unveils 80V N-Channel Power MOSFET For AI Data Centres

KUALA LUMPUR, June 30 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has launched “TPM1R408RH”, an 80-volt (V) N-channel power MOSFET fabricated using U-MOS11-H, its latest-generation process.

Sabah Needs Integrated Logistics Masterplan To Give Holistic Direction

LABUAN, June 30 (Bernama) -- Sabah needs an integrated logistics and transport master plan to address challenges at the structural level instead of relying on fragmented, project-by-project solutions, a logistics expert said.

 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).

MPOB Expects CPO Prices To Remain Strong At RM4,000-RM4,300 A Tonne This Year

BANGI, June 30 (Bernama) -- The Malaysian Palm Oil Board (MPOB) expects the average price of crude palm oil (CPO) to remain strong at between RM4,000 and RM4,300 per tonne this year, supported by current global petroleum prices.