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TERAJU's Transfer To PM's Department Boosts PuTERA35 Agenda

KUALA LUMPUR, June 16 (Bernama) -- Placing the Bumiputera Agenda Steering Unit (TERAJU) under the Prime Minister's Department will enable the agency to advance the Bumiputera Economic Transformation Plan 2035 (PuTERA35), said Economy Minister Akmal Nasrullah Mohd Nasir.

Bursa Malaysia Opens Slightly Lower On Mild Profit-Taking

KUALA LUMPUR, June 16 (Bernama) -- Bursa Malaysia opened slightly lower on Tuesday as investors locked in gains following the previous session’s rally, with early profit-taking weighing on the benchmark index.

Bioeconomy Corp, South Korea's K-Eco Sign MoU To Advance Sustainable Bioenergy

KUALA LUMPUR, June 15 (Bernama) -- The Malaysian Bioeconomy Development Corporation (Bioeconomy Corp) and South Korea’s Korea Environment Corporation (K-Eco) have signed a memorandum of understanding (MoU) to strengthen cooperation in biogas development and carbon neutrality initiatives.

Global Supply Crisis: Selangor's Financial Position Still Healthy -- Amirudin

SHAH ALAM, June 15 (Bernama) -- Selangor's financial position is still at a healthy level despite the global economic uncertainties following the supply crisis and fluctuations in world markets.

Bioeconomy Corp, South Korea's K-Eco Sign MoU To Advance Sustainable Bioenergy

KUALA LUMPUR, June 15 (Bernama) -- The Malaysian Bioeconomy Development Corporation (Bioeconomy Corp) and South Korea’s Korea Environment Corporation (K-Eco) have signed a memorandum of understanding (MoU) to strengthen cooperation in biogas development and carbon neutrality initiatives.

Bursa Malaysia Stays Higher At Midday

KUALA LUMPUR, June 15 (Bernama) -- Bursa Malaysia ended the morning session in positive territory, in line with gains across Asian markets and mirroring Wall Street’s overnight rally.

Inflation Expected To Remain Between 1.5 And 2.5 Pct This Year - Akmal Nasrullah

PUTRAJAYA, June 15 (Bernama) -- The Economy Ministry expects Malaysia's inflation rate to remain under control at between 1.5 and 2.5 per cent throughout this year despite pressure from the energy supply crisis and global geopolitical uncertainties.

Foreigners Extend Selling Streak In Asia, Reaching US$13.61 Bln Total Outflows - MBSB IB

KUALA LUMPUR, June 15 (Bernama) -- Foreign investors extended a two-week net selling streak across the eight markets in Asia, with net foreign outflows totalling US$13.61 billion (US$1=RM4.04), according to MBSB Investment Bank Bhd (MBSB IB).

Short-term Rates Set To Remain Stable Next Week On BNM Operations

KUALA LUMPUR, June 13 (Bernama) -- Short-term interbank rates are expected to remain stable next week, supported by Bank Negara Malaysia’s (BNM) continued operations to absorb excess liquidity from the financial system.