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MPOC: Palm Oil Output Hits Highest May Level Since 2015 Amid Favourable Weather

KUALA LUMPUR, June 17 (Bernama) -- Malaysia’s palm oil production rose 5.05 per cent month-on-month in May to 1.77 million tonnes, marking the highest output recorded for the month since 2015, according to the Malaysian Palm Oil Council (MPOC).

Yinson Unit Closes US$1 Bln Investment Deal With Consortium

KUALA LUMPUR, June 17 (Bernama) -- Yinson Holdings Bhd’s (Yinson) subsidiary Yinson Production has closed the previously announced US$1 billion (US$1=RM4.23) investment deal with a consortium.

Malaysia’s Property Sector Sets To Remain Bullish, Driven By Buying Interest – MIDF Amanah

KUALA LUMPUR, June 16 (Bernama) -- MIDF Amanah Investment Bank Bhd remains bullish on Malaysia’s property sector this year with buying interest expected to stay healthy.

Heitman Secures HESTA Investment For European Alternative Real Estate

KUALA LUMPUR, June 12 (Bernama) -- Heitman LLC (Heitman), a global real estate investment management firm, has announced an allocation from HESTA to invest in European alternative property types, including self-storage, student housing, residential, and health care.

SST Scope Expansion A Boost To National Pineapple Industry - LPNM

JOHOR BAHRU, June 11 (Bernama) -- The Malaysian Pineapple Industry Board (LPNM) is optimistic that the reviewed and expanded Sales and Service Tax (SST), which comes into effect on July 1, 2025, will positively impact the growth of the national pineapple industry.

World Bank Forecasts Slower Growth Across Emerging Markets Amid Headwinds

KUALA LUMPUR, June 11 (Bernama) -- Economic growth across most emerging markets and developing economies (EMDEs) is projected to slow, particularly in trade-dependent regions such as East Asia and the Pacific (EAP) and Europe and Central Asia (ECA), and to a lesser degree in South Asia (SAR), according to the World Bank Group.

Putra Heights Incident Boosts Insurance Awareness, Growth – Liberty CEO

KUALA LUMPUR, June 11 (Bernama) – Malaysia’s general insurance industry is set to expand further in the next few years due to greater awareness of the importance of insurance coverage after the unfortunate Putra Heights gas explosion, which caused extensive damage to homes and properties.

Ringgit Weakens As US-China Trade Talks Continue In London

By Siti Noor Afera Abu

KUALA LUMPUR, June 10 (Bernama) -- The ringgit depreciated against the US dollar today as market attention remained fixed on the second day of United States-China trade discussions in London.

HLIB Expects Banking Sector's Earnings To Grow At 3.4 Pct CAGR In 2024-2026

KUALA LUMPUR, June 9 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) forecasts the banking sector’s earnings to grow at a two-year compound annual growth rate (CAGR) of 3.4 per cent over the financial year of 2024-2026. 

Midea Numen Wins Red Dot Award 2025 for Smart, Energy-efficient Cooling

KUALA LUMPUR, June 9 (Bernama) -- Midea, the world’s leading residential inverter air conditioner company, has achieved a new milestone with its Midea Numen air conditioner winning the prestigious German Red Dot Product Design Award 2025.

Petronas Layoffs Driven By Global Challenges, Not Petros Issue - Fadillah 

KUCHING, June 7 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) move to trim its workforce stems from global challenges and is not connected to the national oil firm's issues with Petroleum Sarawak Bhd (Petros).

ATLAS By Bank Muamalat: Malaysia’s First Faith-Focused, Digital-Only Islamic Bank

KUALA LUMPUR, June 6 (Bernama) -- Bank Muamalat Malaysia Bhd has launched ATLAS by Bank Muamalat, Malaysia’s first Islamic digital-only bank, designed around faith and lifestyle alignment.