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Mindanao Earthquake Insured Losses Expected To Be Limited - AM Best

KUALA LUMPUR, June 10 (Bernama) -- Insured losses from damage caused by a recent 7.8-magnitude earthquake in the Mindanao region are expected to be limited and account for only a small fraction of total economic losses due to the catastrophe protection gap in the Philippines.

IEM Recommends Raising Fees And Other Measures To Keep Pace With The Times

KUALA LUMPUR, June 10 (Bernama) -- Engineering consultancy fees in Malaysia have increased by less than 10 per cent since 1983 despite a significant rise in project complexity and workload, according to The Institution of Engineers Malaysia (IEM).

Japan's Support Crucial In Malaysia’s Push Into Advanced Technologies, Says Anwar

KUALA LUMPUR, June 10 (Bernama) -- The Japanese government and industries’ support is critical to helping Malaysia build its capabilities in advanced technologies, particularly semiconductors, artificial intelligence (AI), quantum computing, and advanced packaging, said Prime Minister Datuk Seri Anwar Ibrahim.

Holafly Names ATP Star Francisco Cabral Global Brand Ambassador

KUALA LUMPUR, June 10 (Bernama) -- Holafly, the global leader in travel eSIMs, has announced a new partnership with ATP Top 20 doubles player Francisco Cabral, who will serve as its global brand ambassador.

BNM's OPR To Stay At 2.75 Pct In 2026 Amid Strong Domestic Demand -- Kenanga IB

KUALA LUMPUR, June 10 (Bernama) -- Resilient domestic demand and still-contained underlying inflation should allow Bank Negara Malaysia (BNM) to keep the overnight policy rate (OPR) at 2.75 per cent throughout 2026, said Kenanga Investment Bank Bhd (Kenanga IB).

World Needs Directions, Not More Power - Anwar

From Mohd Iswandi Kasan Anuar

TOKYO, June 10 (Bernama) -- The world is currently facing a shortage of leadership clarity rather than power, Prime Minister Datuk Seri Anwar Ibrahim said today.

Countries Should Not Be Timid To Defend Free Trade -- PM Anwar

KUALA LUMPUR, June 10 (Bernama) -- Sovereign countries should not be timid in defending free trade and opposing punitive tariffs or discriminatory policies, said Prime Minister Datuk Seri Anwar Ibrahim.

Pengerang Energy Complex Awards EPCC Contract To CNCEC

KUALA LUMPUR, June 10 (Bernama) -- Pengerang Energy Complex Sdn Bhd (PEC) has awarded the engineering, procurement, construction and commissioning (EPCC) contract for its Pengerang Energy Complex project in Johor, Malaysia, to China National Chemical Engineering Company Limited (CNCEC).

Data Centre Projects To Sustain Construction Sector Growth -- MBSB IB

KUALA LUMPUR, June 10 (Bernama) -- Data centre projects are expected to remain a key growth driver for Malaysia’s construction sector, supported by hyperscaler expansion, growing investments in digital infrastructure and rising power requirements, according to MBSB Bank Investment Bhd (MBSB IB).

Bursa Malaysia Extends IDSS Suspension On Tanco Shares

KUALA LUMPUR, June 10 (Bernama) -- Bursa Malaysia suspended intraday short-selling (IDSS) of Tanco Holdings Bhd for the remainder of today's trading session, the second consecutive day the restriction has been imposed after the stock breached its price limit.

Bursa Malaysia Opens Marginally Higher Amid Mixed Market Cues

KUALA LUMPUR, June 10 (Bernama) -- Bursa Malaysia edged up 0.04 per cent at the opening on Wednesday amid cautious global market sentiment, despite easing crude oil prices and the absence of local catalysts.

Ringgit Opens Higher Against Major Currencies, Easier Versus US Dollar

KUALA LUMPUR, June 10 (Bernama) -- The ringgit opened higher against major currencies but eased against the US dollar today, as market sentiment remained cautious ahead of the release of the United States Consumer Price Index (CPI) data tonight.