Economy

Teraju Approves Nearly RM134 Mln Financing For 143 Bumiputera Firms In Northern Corridor

BUTTERWORTH, June 23 (Bernama) -- The Bumiputera Agenda Steering Unit (TERAJU) approved nearly RM134 million in financing for 143 Bumiputera companies in the Northern Corridor Economic Region (NCER) in the period from Dec 1, 2024 to May 31, 2026.

Generali Malaysia, Amanah Raya Launch Gen Sinar For Underserved Families

KUALA LUMPUR, June 23 (Bernama) -- Generali Insurance Malaysia Bhd (Generali Malaysia), in partnership with Amanah Raya Bhd, has launched Gen Sinar, an affordable personal accident insurance plan designed to empower underserved families with financial protection.

Oil Likely To Trade Between US$65-US$80 Over Next 6-12 Months - Analyst

KUALA LUMPUR, June 23 (Bernama) -- Oil prices are likely to move between US$65 and US$80 per barrel over the next six to 12 months amid ongoing uncertainties surrounding negotiations between the United States (US) and Iran, according to a veteran oil market analyst.

Kumiko Minowa Appointed CCH Tagetik Head Of APAC, Japan

KUALA LUMPUR, June 23 (Bernama) -- Wolters Kluwer, a global leader in information solutions, software and services for professionals, has announced the appointment of Kumiko Minowa as Head of Asia Pacific and Japan for CCH Tagetik.

Selangor Resilience Strengthening Package Formualted With Care, Generates Savings -- Amirudin

SHAH ALAM, June 23 (Bernama) -- The Selangor Resilience Strengthening Package was formulated after taking into account the results of cost-saving measures and prudent state financial management, said Menteri Besar Datuk Seri Amirudin Shari.

BNM's International Reserves At US$130.5 Bln As At June 15, 2026

KUALA LUMPUR, June 23 (Bernama) -- Bank Negara Malaysia's (BNM) international reserves stood at US$130.5 billion as at June 15, 2026.

Japan’s Non-Life Insurance Segment Outlook Remains Stable - AM Best

KUALA LUMPUR, June 23 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook on Japan’s non-life insurance segment, citing factors including rising interest rates and the introduction of the Japan Insurance Capital Standard (J-ICS).

Malaysia Strengthens South Korea Presence With Largest-Ever KIE Delegation

KUALA LUMPUR, June 23 (Bernama) -- Malaysia is strengthening its presence in the South Korean market with its largest-ever participation at the Korea Import Expo (KIE) 2026, according to the Malaysia External Trade Development Corporation (MATRADE).

UK, Malaysia Initiate Negotiations On Digital Trade Agreement

KUALA LUMPUR, June 23 (Bernama) -- British High Commission Kuala Lumpur has announced the commencement of negotiations on a new digital trade agreement (DTA) between the United Kingdom (UK) and Malaysia.

Penang Eyes Direct Jinan-Penang Flights To Strengthen Air Connectivity With Northern China

GEORGE TOWN, June 23 (Bernama) -- The Penang government is exploring the possibility of launching direct flights between Jinan and Penang as part of its efforts to strengthen air connectivity with northern China and expand the state’s tourism market reach.

Diplomacy With All Countries Helps Secure Long-term Energy Supplies For Logistics, Transportation -- Loke

KUALA LUMPUR, June 23 (Bernama) -- Long-term supply agreements for oil, gas and diesel for at least 20 years will provide stability to the logistics and transportation sectors, said Transport Minister Anthony Loke Siew Fook.

Mavenir Unveils Agentic Service Assurance Framework For Autonomous Network Operations

KUALA LUMPUR, June 23 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, has unveiled its Agentic Service Assurance Framework: a TM Forum IG1251/IG1453-aligned, multi-agent system that automates complex network operations across multiple domains.