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Political, GE16 Speculations Not Main Factors Driving Foreign Investors' Decisions - MITI

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.

Sunway's Indirect Unit Secures Singapore Residential Site Worth SGD750.57 Mln

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. 

SIC, DC Union Ink Deal To Build RM2.5 Bln Data Centre In Cyberjaya

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.

Bursa Malaysia Extends Decline Amid Persistent Uncertainties

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.

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.

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.

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.

KOPSYA Records RM12.7 Mln Net Profit For Financial Year 2025

KUALA LUMPUR, June 22 (Bernama) -- Koperasi Pembiayaan Syariah ANGKASA Bhd (KOPSYA) recorded a net profit of RM12.7 million for financial year 2025, strengthening its position as a trusted cooperative financial institution.

Ringgit Improves Vs Greenback Amid Progress In West Asia Peace Talks

KUALA LUMPUR, June 23 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday as peace negotiations in West Asia made progress, an analyst said.

Bursa Malaysia Ends On Softer Note Amid Profit-taking

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 22 (Bernama) -- Bursa Malaysia ended on a softer note today as investors engaged in profit-taking following the recent rebound in the local market, an analyst said.