KUALA LUMPUR, June 24 (Bernama) -- The ringgit has edged lower this year on expectations that US interest rates will remain elevated, the Ministry of Finance (MOF) said, though the currency continues to be underpinned by strong domestic fundamentals.
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).
KUALA LUMPUR, June 24 (Bernama) -- UWC Bhd was among the top gainers on Bursa Malaysia today, up by more than four per cent in early trade after its third-quarter financial year 2026 (3Q FY2026) results came in line with expectations.
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.
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.
KUALA LUMPUR, June 23 (Bernama) -- Malaysia is always open to strengthening strategic cooperation with the United Arab Emirates (UAE) in various high-potential economic sectors including the petroleum and gas, petrochemical and logistics industries to drive trade, investment and the development of high-value industries.
KUALA LUMPUR, June 23 (Bernama) -- Speculations on politics and the potential 16th General Election (GE16) are not the main factors influencing foreign investors' decisions, although political stability remains an important consideration in determining investment destinations.
KUALA LUMPUR, June 23 (Bernama) -- Malaysia Airlines is making temporary adjustments to its check-in operations at Kuala Lumpur City Air Terminal (KL CAT) in KL Sentral from July 1 to Dec 31, 2026, as part of its efforts to improve the travel experience for passengers.
KUALA LUMPUR, June 23 (Bernama) -- LBS Bina Group Bhd group executive chairman Tan Sri Dr Lim Hock San has been conferred the Lifetime Achievement Award 2026 - Visionary Business Leadership & Community Excellence at the ASEAN Outstanding Business Award 2026 held in Kuala Lumpur.
KUALA LUMPUR, June 23 (Bernama) -- Sunway Bhd's indirect wholly-owned subsidiary, SMCL Haven 3 Pte Ltd (SMCLH3), has secured a SGD750.57 million (RM2.4 billion) residential development site at River Valley Green, Singapore, through a joint bid with CSC Land Group (Singapore) Pte Ltd.
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.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, June 23 (Bernama) -- Bursa Malaysia extended its losses on Tuesday as investors remained on the sidelines amid persistent uncertainties and the absence of significant market catalysts, an analyst said.
