Economy

Ibrahim Sani To Step Down As Yayasan Peneraju CEO On July 1

KUALA LUMPUR, June 22 (Bernama) -- Yayasan Peneraju (YP), an agency under the Ministry of Economy, announced that its chief executive officer (CEO) Ibrahim Sani will step down from his position effective July 1, 2026.

Straive Acquires NextGen Invent To Strengthen AI Capabilities

KUALA LUMPUR, June 22 (Bernama) -- Straive, a global leader in data and artificial intelligence (AI) operationalisation, has acquired NextGen Invent, an AI engineering and enterprise services provider.

MOSTI Develops National Technology Sovereignty Framework To Protect Nation’s Critical Technologies

KUALA LUMPUR, June 22 (Bernama) -- The Ministry of Science, Technology and Innovation (MOSTI) is leading efforts to develop the National Technology Sovereignty Framework as a strategic government approach to identifying, developing, and protecting critical technologies vital to the country.

Ajinomoto Malaysia's Parent Company Offers RM20 Per Share In Privatisation Bid

KUALA LUMPUR, June 22 (Bernama) -- Ajinomoto (Malaysia) Bhd’s (AMB) parent company Ajinomoto Co Inc (Ajico) has proposed to privatise the food seasoning manufacturer via a selective capital reduction and repayment (SCR) exercise at RM20 per share.

AirAsia X Open To Exploring Flight Opportunities In Turkmenistan, Russia

SEPANG, June 22 (Bernama) -- AirAsia X Bhd is open to exploring flight services to Turkmenistan and Russia should market opportunities and operational requirements prove viable, said its group chief executive officer Bo Lingam. 

Malaysia, Bangladesh Eye Fast-track FTA, Collaboration In Energy And Halal Industry

PUTRAJAYA, June 22 (Bernama) -- Malaysia and Bangladesh have agreed to strengthen bilateral economic relations through a fast-track free trade agreement (FTA) and enhanced cooperation in key growth sectors, including energy and the halal industry.

AirAsia X Reviewing Fares Weekly, Signals More Price Cuts As Fuel Costs Fall

KUALA LUMPUR, June 22 (Bernama) -- AirAsia X Bhd expects to gradually lower airfares following the recent decline in jet fuel prices, while restoring capacity that had been reduced during the surge in fuel prices caused by the conflict in West Asia. 

RM319.8 Mln Net Inflows From Technology, Industrial, Financial Sectors - MBSB IB

KUALA LUMPUR, June 22 (Bernama) -- Technology, industrial products and services, as well as financial services sectors, have attracted a combined net inflow of RM319.8 million last week, according to MBSB Investment Bank Bhd (MBSB IB).

Petronas’ Turkmenistan, Russia Deals Reflect Strong Diplomatic Ties, Global Credibility - Analyst

KUALA LUMPUR, June 21 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) latest energy agreements in Turkmenistan and Russia underscore both Malaysia’s strong diplomatic relations with the two countries and the national oil company’s long-established reputation as a trusted global energy player, an analyst said.

Malaysia Well-positioned To Lead In Energy Transition Financing - TNB Chief New Energy Officer

KUALA LUMPUR, June 21 (Bernama) -- Overwhelming response to two Islamic bond issuances by Tenaga Nasional Bhd (TNB) totalling RM2.5 billion for energy transition projects shows that Malaysia is well-positioned to lead in energy transition financing within the region.

Anwar’s Russia, Turkmenistan Visits Strengthen Malaysia’s Energy Security - BRICS International Malaysia

KUALA LUMPUR, June 21 (Bernama) -- BRICS International Malaysia welcomes the positive outcomes of Prime Minister Datuk Seri Anwar Ibrahim’s official visits to Russia and Turkmenistan, particularly in advancing Malaysia’s long-term energy security, enhancing oil and gas cooperation and strengthening strategic economic partnerships.