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.

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.

Alliance Bank Launches RM2 Million BizSmart Challenge Accelerator Edition 2026

KUALA LUMPUR, June 22 (Bernama) -- Alliance Bank Malaysia Bhd has launched the BizSmart® Challenge Accelerator Edition 2026, offering prizes worth up to RM2 million to accelerate the next group of high-potential small and medium enterprises (SMEs) and startups in the country.

Bursa Malaysia Opens Lower On Cautious Tone

KUALA LUMPUR, June 22 (Bernama) -- Bursa Malaysia opened lower on Monday on a cautious tone after a flat performance last Friday, amid Wall Street and Hong Kong market closures due to public holidays. 

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 Charisma Is A Diplomatic Asset 

ISTANBUL, June 21 (Bernama) – Prime Minister Datuk Seri Anwar Ibrahim's recent visit to Russia was marked not only by summit declarations, bilateral meetings and discussions on trade and energy but also by the notable reception he received on the international stage.

Vestland Unit Secures RM65 Mln Works Contract

KUALA LUMPUR, June 19 (Bernama) -- Construction company Vestland Bhd’s wholly owned subsidiary, Vestland Infra Sdn Bhd (VISB) has accepted a letter of award from Scanwolf Trading & Construction Sdn Bhd (STCSB) for a works contract worth RM65 million.

AM Best Affirms Hyundai Marine & Fire Insurance Credit Ratings

KUALA LUMPUR, June 19 (Bernama) -- AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of South Korea’s Hyundai Marine & Fire Insurance Co Ltd (HMF), with a stable outlook.

Bank Rakyat Issues RM300 Mln Tier-2 Subordinated Sukuk Issuance

KUALA LUMPUR, June 19 (Bernama) -- Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) has issued a RM300 million tier-2 subordinated sukuk Murabahah via a special purpose vehicle, Mumtaz Rakyat Sukuk Bhd.

Malaysia Must Move Beyond Low-Cost Model To Support Higher Wages -- Sim

GEORGE TOWN, June 18 (Bernama) -- Malaysia can no longer rely on low prices as a competitive advantage, as the low-cost business model also limits the ability of small and medium enterprises (SMEs) to offer higher wages, said Entrepreneur Development and Cooperatives Minister Steven Sim Chee Keong.

Anwar Thanks Putin For Russia's Support On Energy Cooperation, Petronas

By Nurul Hanis Izmir

KAZAN, June 18 (Bernama) – Prime Minister Datuk Seri Anwar Ibrahim expressed appreciation to Russian President Vladimir Putin for Russia’s support in strengthening energy cooperation with Malaysia, especially Petroliam Nasional  Bhd (Petronas).

Anwar, Putin Discuss Energy Security, Trade In Local Currencies

By Nurul Hanis Izmir

KAZAN, June 18 (Bernama) — Prime Minister Datuk Seri Anwar Ibrahim and Russian President Vladimir Putin discussed various aspects of bilateral cooperation, including the potential to strengthen ties in the energy sector, one of the strategic areas for both countries.