LATEST NEWS   No reason for refined sugar price to increase because sugar refining companies such as MSM Malaysia Holdings Bhd continue to receive monthly incentives to ensure stability of supply and prices. - MOF | Sugar refiners and manufacturers may apply for tax exemption from the Royal Malaysian Customs Department – Finance Ministry | Refined white sugar will remain tax-exempt under the revised SST effective July 1 2025 -- Finance Ministry | KL High Court grants a DNAA to Najib over money laundering charges involving RM27 million from SRC International Sdn Bhd | Anwar acknowledges GST is efficient and transparent, but says it is not yet suitable to implement because the people's income threshold is still too low. | 

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Meltwater Scoops Six Comparably Awards Based On Employee Feedback

KUALA LUMPUR, June 18 (Bernama) -- Meltwater, a global leader in media, social, and consumer intelligence, has received six Comparably Awards in 2025, underscoring its continued momentum and commitment to building a high-performing, people-first culture.

ConocoPhillips Eyes Investment In Sabah, Reaffirms Commitment To Malaysia

KUALA LUMPUR, June 18 (Bernama) -- United States oil giant ConocoPhillips has set its sights on potential investments in Sabah while reaffirming its long-term commitment to Malaysia.

Prasarana Champions Sustainable City Living Through TOD

KUALA LUMPUR, June 18 (Bernama) -- As urban mobility becomes increasingly unsustainable amid growing populations and emissions, Prasarana Malaysia Bhd is rising to the challenge by focusing on transit-oriented development (TOD) — a model that clusters residential, commercial, and civic spaces within walking distance of public transport hubs.

Policy Consistency, Political Stability Key To World Competitiveness Ranking – Economist

By Abdul Hamid A Rahman

KUALA LUMPUR, June 17 (Bernama) -- Malaysia’s World Competitiveness Ranking (WCR) hinges on political stability and consistent policy formulation and implementation, particularly as difficult or unpopular decisions are sometimes necessary to optimise resource allocation and strengthen the country’s economic structure.

Bursa Malaysia Closes Lower Amid Foreign Outflow, Heightened Middle East Tensions

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 17 (Bernama) -- Bursa Malaysia closed lower on Tuesday amid foreign fund outflows as investors weighed the escalating Israel-Iran tensions, analysts said. 

Petronas Backs Fuel Subsidy Reform To Support Energy Transition

KUALA LUMPUR, June 17 (Bernama) – Petroliam Nasional Bhd (Petronas) has welcomed the rationalisation of petrol subsidies, noting that such subsidies are unsustainable, said Petronas president and group chief executive officer Tan Sri Tengku Muhammad Taufik Tengku Aziz.

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.

SME Bank, BSN Partner To Boost Malaysia’s Homegrown Entrepreneurs

KUALA LUMPUR, June 17 (Bernama) -- Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) and Bank Simpanan Nasional (BSN) have inked a memorandum of understanding to empower Malaysia’s homegrown entrepreneurs.

Seveno Capital–Borderless Healthcare Group JV To Tap US$1.8 Trillion Wellness Market

KUALA LUMPUR, June 17 (Bernama) -- Seveno Capital and Borderless Healthcare Group have launched The Well Estate, the world’s first medical wellness real estate company to target the growing US$1.8 trillion global wellness market. (US$1=RM4.23)

Cloudera EVOLVE25 To Unite Global Leaders In AI, Data And Hybrid Cloud Innovation

KUALA LUMPUR, June 17 (Bernama) -- Cloudera, the hybrid platform provider for data, analytics and artificial intelligence (AI), will hold its annual EVOLVE25 conference series across four continents to highlight the role of unified hybrid data platforms in powering AI-driven innovation.

EPIC, GTR Collaborate To Advance Green Energy In Aviation Operations

KUALA LUMPUR, June 17 (Bernama) -- Eastern Pacific Industrial Corporation Bhd (EPIC) has inked a memorandum of understanding (MoU) with Ground Team Red Sdn Bhd (GTR) to explore the supply and installation of solar panels at GTR’s cargo terminal and ground service equipment maintenance centre warehouse.

Malaysia’s Impressive WCR 2025 Leap Proves Success Of MADANI Govt's Reforms -- PM Anwar

KUALA LUMPUR, June 17 (Bernama) -- Malaysia’s remarkable rise in the World Competitiveness Ranking (WCR) 2025 is clear evidence that the reforms implemented by the MADANI government are yielding positive results, said Prime Minister Datuk Seri Anwar Ibrahim.