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Domestic Tourism Spending Reaches RM121.3 Billion In 2025 - DOSM

PUTRAJAYA, June 16 (Bernama) -- Malaysia's domestic tourism sector continued its upward trajectory in 2025, with total domestic visitor expenditure rising 13.6 per cent to RM121.3 billion from RM106.7 billion in 2024, according to the Domestic Tourism Survey 2025 released by the Department of Statistics Malaysia (DOSM) today.

Elsa To Grow Digital Technology, Robotics, Engineering Segments After Positive ACE Market Debut

KUALA LUMPUR, June 16 (Bernama) -- Integrated oil and gas services and equipment (OGSE) provider Elsa Bhd aims to accelerate its growth in the digital technology, robotics, and engineering segments following an encouraging debut on Bursa Malaysia’s ACE Market today.

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.

Timor-Leste Invites Malaysian Investors To Tap Infrastructure Opportunities

PETALING JAYA, June 15 (Bernama) -- Timor-Leste is inviting Malaysian investors to explore investment opportunities and secure project contracts in the country as it embarks on extensive infrastructure development, said President José Ramos-Horta.

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.

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.

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.

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).

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.