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Ringgit Opens Higher Against US Dollar On Fed Rate Hold Expectations

KUALA LUMPUR, June 16  (Bernama) -- The ringgit opened higher against the US dollar on expectations that the US Federal Reserve (Fed) will keep interest rates unchanged amid easing inflation concerns and lower US Treasury yields.

Tanco: Business Fundamentals Remain Unaffected Amid Share Price Volatility

KUALA LUMPUR, June 15 (Bernama) -- Tanco Holdings Bhd said its business fundamentals remain unaffected despite recent volatility in its share price that prompted Bursa Malaysia Securities Bhd (Bursa Securities) to issue an Unusual Market Activity (UMA) query.

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.

Taghill Holdings Unit Bags RM133 Mln Contract For Serviced Apartment Project In Shah Alam

KUALA LUMPUR, June 15 (Bernama) -- Taghill Holdings Bhd’s unit, Taghill Projects Sdn Bhd, has secured a contract from Exsim MX4 Sdn Bhd worth RM133 million to construct and complete the main building and infrastructure works for D'Evia @ Kwasa Damansara (Package 2) at Shah Alam, Selangor.

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.

Fee For Interbank ATM Cash Withdrawals To Be Waived From July 1, 2026

KUALA LUMPUR, June 15 (Bernama) -- Customers of all banks in Malaysia can withdraw cash at any bank’s automated teller machine (ATM) or smart recycler machine (SRM) without paying the RM1 fee starting July 1, 2026.

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.

Kerjaya Prospek Secures RM529.3 Mln Contract For Bukit Tunku Development

KUALA LUMPUR, June 15 (Bernama) -- Kerjaya Prospek Group Bhd has secured a RM529.3 million contract from BRDB Developments Sdn Bhd to undertake a development project in Bukit Tunku, Kuala Lumpur.

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.