Malaysia's Next Economic Milestone: Can GDP Per Capita Reach US$20,000 By Early 2030s?

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 30 (Bernama) -- Malaysia has crossed another important economic milestone, with nominal gross domestic product (GDP) per capita surpassing the US$15,000 (US$1 = RM4.06) mark in 2026, according to the International Monetary Fund (IMF).

MPOB Expects CPO Prices To Remain Strong At RM4,000-RM4,300 A Tonne This Year

BANGI, June 30 (Bernama) -- The Malaysian Palm Oil Board (MPOB) expects the average price of crude palm oil (CPO) to remain strong at between RM4,000 and RM4,300 per tonne this year, supported by current global petroleum prices.

Govt Implements 23 HIMP 2030 Initiatives To Cut Halal Ingredient Imports - MITI

KUALA LUMPUR, June 29 (Bernama) -- The government has implemented 23 initiatives, projects and programmes under the seven strategic pillars of the Halal Industry Master Plan 2030 (HIMP 2030) as of May 30, 2026, as part of efforts to substitute imports of critical halal ingredients.

Rubber Market Ends Lower On Weaker Regional Futures

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, June 29 (Bernama) -- The Kuala Lumpur rubber market ended lower on Monday, weighed down by regional rubber futures.

Malaysia, EU Continue MEUFTA Talks, Target Completion By 2027

KUALA LUMPUR, June 29 (Bernama) -- Malaysia and the European Union (EU) have completed negotiations on five chapters of the Malaysia-European Union Free Trade Agreement (MEUFTA), with both sides targeting to finalise the pact by 2027.

Mavenir Wins Deutsche Telekom's Partner Award For Network Innovation

KUALA LUMPUR, June 29 (Bernama) -- Mavenir, the software company building cloud-native, artificial intelligence (AI)-by-design mobile networks, has won the Deutsche Telekom Partner of the Year Award for Best Network Innovation.

ACE Market Debutant RT Pastry Eyes East Coast Expansion

KUALA LUMPUR, June 29 (Bernama) -- ACE Market debutant RT Pastry Holdings Bhd plans to channel its initial public offering (IPO) proceeds into expansion in the East Coast due to strong untapped demand and limited competition from retail bakery chains, chief operating officer Tia Yu Hoo said.

Rubber Market Seen Lower Next Week On Improving Supply, Lower Oil Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, June 27 (Bernama) -- The Kuala Lumpur rubber market is expected to trade lower next week, weighed down by lower crude oil prices and improving supply conditions, according to industry expert Denis Low.

Aeronas Aerocraft Secures Orders From Hong Kong Worth RM357 Mln

SERDANG, June 26 (Bernama) -- Malaysian light aircraft manufacturer Aeronas Aerocraft Sdn Bhd has secured an order for 50 light aircraft worth US$85 million (RM357 million) from Hong Kong-based Consortium Wholechoice.

Yinson Well-positioned To Benefit From Offshore Investment Upswing

KUALA LUMPUR, June 26 (Bernama) -- Yinson Holdings Bhd is well-positioned to capitalise on a potential upcycle in upstream offshore investments, particularly within the floating production, storage and offloading (FPSO) segment. 

CPO Futures Extend Loss For Third Day On Weaker Crude Oil Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, June 25 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower for the third consecutive trading day, pressured by weaker crude oil prices.

Implementation Of B15 Will Not Affect Cooking Oil Supply, Food Industry

KUALA LUMPUR, June 25 (Bernama) -- The implementation of increasing the biodiesel blend to B15 will not affect the supply of cooking oil and the domestic food industry because the additional palm oil usage only represents about 1.5 per cent of the country's total palm oil supply.