LATEST NEWS   PM Anwar arrives in Kazan at about 10.20 pm local time for a two-day working visit to attend the ASEAN-Russia Commemorative Summit | 

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AM Best Rates Excellent Credit Ratings For Hong Kong’s SAIC Captive

KUALA LUMPUR, June 12 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” (Excellent) to Hong Kong’s SAIC Motor Insurance Limited (SAIC Captive).

Brent Oil Prices Trend Below US$90 Per Barrel On Friday's Open

KUALA LUMPUR, June 12 (Bernama) -- Brent oil prices closed at US$90.4 per barrel (bbl) and trended below the US$90.0/bbl threshold on Friday’s open on renewed optimism over a potential Iran deal (US$1=RM4.05). 

Ringgit Opens Higher Against Greenback, Most Regional Peers

KUALA LUMPUR, June 12 (Bernama) -- The ringgit opened higher against the US dollar and was mostly firmer against regional peers on Friday amid easing geopolitical tensions in West Asia, which lifted sentiment towards the local note.

BizMatch Tokyo Has Potential To Generate Deals Worth RM500 Mln - Sim

KUALA LUMPUR, June 11 (Bernama) -- The Bank Rakyat BizMatch: Make Malaysian Businesses Great programme, which is being held in Tokyo, Japan, in conjunction with the Nikkei Forum: Future of Asia 2026, is expected to generate business deals worth more than RM500 million in the next 12 months.

Boost Grassroot Level Preparations For El-Nino Phenomenon --Anwar

KUALA LUMPUR, June 11 (Bernama) – Being prepared at the grassroots level for the El Niño phenomenon needs to be strengthened as preventive measures and early groundwork are the best defence against the increasingly unpredictable impacts of extreme weather.

MPRC Should Be Lead Agency For Malaysia's OGSE Sector - Akmal Nasrullah

KUALA LUMPUR, June 11 (Bernama) — The Malaysia Petroleum Resources Corporation (MPRC) should serve as the lead agency for Malaysia’s oil and gas services and equipment (OGSE) sector in building company capabilities, expanding market access, and converting international opportunities into effective business outcomes.

Ringgit Closes Slightly Higher Against US Dollar, Major Currencies

By Danni Haizal Danial Donald

KUALA LUMPUR, June 11 (Bernama) -- The ringgit ended slightly higher against the greenback and other major currencies on Thursday, shrugging off the impact of stronger-than-expected US inflation data for May.

PM Anwar's Visit Opens New Chapter In Malaysia-Japan Tech, Energy Ties

TOKYO, June 11 (Bernama) -- Malaysia and Japan have agreed to strengthen strategic cooperation in semiconductors, artificial intelligence (AI) and energy security, as Malaysia continues its efforts to position itself as a regional hub for advanced technologies and high-value manufacturing.

Heavyweight Stocks Lift Bursa Malaysia, Pare Losses At Midday

KUALA LUMPUR, June 11 (Bernama) -- Bursa Malaysia pared its losses at the lunch break as bargain hunting emerged in selected heavyweight stocks, led by Petronas Chemicals, Tenaga Nasional and Kuala Lumpur Kepong.

Ringgit Opens Higher Against Major Currencies, Eases Vs US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, June 11 (Bernama) -- The ringgit opened higher against major currencies today but eased marginally against the US dollar after stronger-than-expected United States inflation reinforced expectations that the Federal Reserve (Fed) could keep interest rates higher for longer.

Malaysia, Japan Agree On Energy Security, Nuclear And Critical Minerals Cooperation

From Mohd Iswandi Kasan Anuar

TOKYO, June 10 (Bernama) -- Malaysia and Japan today agreed to deepen cooperation on energy security and civil nuclear power, as both countries seek to strengthen resilience against global supply disruptions and growing geopolitical uncertainty.

HRX Launches SME-Focused Solution To Simplify Payroll And Workforce Management

KUALA LUMPUR, June 10 (Bernama) -- HRX by IFCA MSC Bhd has launched a new small and medium enterprises (SME)-focused initiative to help Malaysian employers manage payroll accuracy, statutory obligations and workforce operations with greater compliance confidence, without the cost and complexity of heavy enterprise systems.