Malaysian Banks’ Profitability Eases In 1Q 2026 -- RAM Ratings

KUALA LUMPUR, June 15 (Bernama) -- Malaysian banks’ first quarter 2026 (1Q 2026) financial performance softened slightly, weighed down by higher provisions even as loan growth gathered pace, said RAM Rating Services Bhd.

Pentech Eyes 40 Pct Recurring Revenue Contribution In Three Years

KUALA LUMPUR, June 15 (Bernama) -- Penang-based information and communication technology (ICT) solutions provider Pentech Holdings Bhd aims to achieve 40 per cent recurring revenue and 60 per cent from its non-recurring segment over the next three years.

Penang Achieves 81 Pct Progress Towards Women Entrepreneurship Target

GEORGE TOWN, June 15 (Bernama) -- Penang has achieved 81 per cent progress towards its target of increasing women’s participation in entrepreneurship under the Penang2030 vision, said Chief Minister Chow Kon Yeow.

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.

Sidec Launches Selangor Triple Accelerator Programme 2026, With New Digital Asset Track

KUALA LUMPUR, June 15 (Bernama) -- The Selangor Information Technology and Digital Economy Corporation (Sidec) has launched the Selangor Triple Accelerator Programme 2026 with a new Token-X track for digital assets, blockchain and Web3 startups.

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.

CIDB Appoints Ahmad Farrin As New Chief Executive

KUALA LUMPUR, June 15 (Bernama) -- The Construction Industry Development Board Malaysia (CIDB) has appointed Ahmad Farrin Mokhtar as its new chief executive effective June 8, succeeding Zainora Zainal who retired on Jan 15.

Karamjit Singh And The Changing Face Of Malaysian Rallying

By Siti Radziah Hamzah

KUALA LUMPUR, June 14 (Bernama) -- More than two decades after becoming the first Asian driver to win the FIA Production World Rally Championship (PWRC) title, Karamjit Singh is still doing what he loves most - racing.

Malaysia Weathers 100 Days Of Global Energy Crisis, Supplies Remain Stable

PUTRAJAYA, June 14 (Bernama) -- Malaysia remains in a relatively strong position with sufficient supplies of fuel, food and essential medicines, thanks to early intervention and coordinated crisis management efforts, says Prime Minister's Economic Adviser Nurhisham Hussein.

Selangor's Northern Corridor Has Potential To Become State's Future Economic Hub

SHAH ALAM, June 13 (Bernama) -- The Selangor State Government's focus on developing the northern corridor, which includes Hulu Selangor and Kuala Selangor, has the potential to transform the area into a new economic hub for the state.

Higher BI-Rate, Fuel Price Hike Test Indonesia's Economic Balancing Act

By Nik Nurfaqih Nik Wil

JAKARTA, June 13 (Bernama) -- Indonesia's decision to raise the BI-Rate and increase non-subsidised fuel prices within days highlights the government's effort to support the rupiah and ease fiscal pressures, although the measures are expected to add pressure on households and businesses, analysts say.