Acquisition of One of World's Largest Gas Fields An Extraordinary Achievement For Petronas - PM Anwar

From Sharifah Hunaini Syed Ismail

ASHGABAT (TURKMENISTAN) June 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has described Petroliam Nasional Bhd’s (Petronas) success in securing one of the world's largest gas fields, following an agreement signed with the government of Turkmenistan, as an extraordinary achievement that positions the national oil and gas company among industry leaders.

TWL Holdings Unit Buys 45 Pct Stake In Fairise Odyssey

KUALA LUMPUR, June 19 (Bernama) -- TWL Holdings Bhd's (TWL) wholly owned subsidiary TWL Builders Sdn Bhd has acquired a 45 per cent stake in Fairise Odyssey (M) Sdn Bhd (FOSB), comprising 45,000 ordinary shares of RM1 each for RM42 million.

Businesses Should Identify Pain Points Amid Rising Uncertainty - Economist

KUALA LUMPUR, June 19 (Bernama) -- Malaysian businesses should identify their operational pain points before making strategic decisions as the business landscape becomes increasingly uncertain, said AmBank Group chief economist Firdaos Rosli.

Petronas, Turkmenistan Strategic Partnership Opens New Chapter In Bilateral Economic, Energy Relations

From Sharifah Hunaini Syed Ismail

ASHGABAT (TURKMENISTAN), June 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim and Turkmenistan President Serdar Berdimuhamedov today witnessed the signing of a strategic partnership between Petronas and Turkmenistan authorities, marking a new chapter in economic and energy relations between the two countries.

Malaysia Could Contribute Up To 20 Pct Of Gentari’s RE Capacity In Five To 10 Years

By Muhammad Fawwaz Thaqif Nor Afandi

KUANTAN, June 19 (Bernama) -- Gentari Sdn Bhd expects Malaysia to contribute between 10 and 20 per cent of its renewable energy (RE) capacity over the next five to 10 years, underpinned by stronger domestic growth prospects and supportive government policies.

Bursa Malaysia Extends Winning Streak To Seven Sessions On Late Buying

By Siti Noor Afera Abu

KUALA LUMPUR, June 19 (Bernama) -- Bursa Malaysia’s composite index ended the week higher, extending its gains for a seventh consecutive session, supported by strong late-session buying in selected blue-chip counters.

Malaysia's Rise In IMD Ranking Reflects Sustained Reforms, Public-Private Cooperation - FMM

KUALA LUMPUR, June 19 (Bernama) -- Malaysia's rise to 15th place in the 2026 International Institute for Management Development (IMD) World Competitiveness Ranking reflects sustained reform efforts and closer coordination between the public and private sectors, the Federation of Malaysian Manufacturing (FMM) said.

Liftech IPO Oversubscribed 18.92 Times Ahead Of ACE Market Listing

KUALA LUMPUR, June 19 (Bernama) -- LifTech Group Bhd’s initial public offering (IPO) shares made available to the Malaysian public were oversubscribed by 18.92 times ahead of its listing on the ACE Market of Bursa Malaysia on June 30, 2026.

RHB Investment Sees Strong Malaysia Export Outlook In 2026 On E&E Demand

KUALA LUMPUR, June 19 (Bernama) -- RHB Investment Bank Bhd remains positive on Malaysia's export prospects for 2026, citing resilient external demand and sustained momentum in the electrical and electronics (E&E) sector, driven by the technology upcycle and artificial intelligence (AI)-related investments.

Malaysia, South Korea Strengthen Renewable Energy Partnership Through Terengganu Bio-CNG Project

KUALA LUMPUR, June 19 (Bernama) -- Malaysia and South Korea have further strengthened their strategic partnership in renewable energy following the exchange of a letter of intent (LOI) for the Terengganu State Palm Oil Mill Biogas Upgrading Project, an initiative that will convert waste from the palm oil industry into bio-compressed natural gas (Bio-CNG).

AM Best Affirms Hyundai Marine & Fire Insurance Credit Ratings

KUALA LUMPUR, June 19 (Bernama) -- AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of South Korea’s Hyundai Marine & Fire Insurance Co Ltd (HMF), with a stable outlook.

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, June 19 (Bernama) -- Bursa Malaysia ended the morning trading session lower, weighed down by selling in heavyweight stocks, led by the financial services sector.