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MATRADE Targets 400 Local Companies To Explore Opportunities At Export Day Sarawak 2025

KUALA LUMPUR, June 23 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) aims to attract 400 local companies to explore new export opportunities through Sarawak Export Day 2025, to be held on July 2 and 3, 2025, in Kuching, Sarawak.

3Degrees Secures ISCC EU Certification To Advance Biomethane Solutions In Europe 

KUALA LUMPUR, June 23 (Bernama) -- Global climate solutions provider 3Degrees has strengthened its decarbonisation efforts in Europe by obtaining the ISCC EU certification for its biomethane solutions, enabling the company to offer clients certified biomethane certificates with high levels of assurance and traceability.

From Rivalry To Realignment, China Shifts To Seek Better Fortunes Amid Trade Friction With US

From Kisho Kumari Sucedaram

BEIJING, June 23 (Bernama) – Rather than being fixated on its trade dispute with the United States (US), China is refocusing its efforts towards bolstering ties with non-confrontational partners, including developing nations, to boost trade and investments.

Crude Oil May Climb To US$85 Per Barrel On Geopolitical Risks, Says Analysts

KUALA LUMPUR, June 23 (Bernama) -- Crude oil prices are expected to rise towards US$85 per barrel in the near term, driven by supply-side risks stemming from recent geopolitical developments, according to CIMB Securities Sdn Bhd.

CRRC Dalian To Deliver First ECRL Trains In October

By Norsyafawati Ab Wahab

DALIAN (China), June 23 (Bernama)– The first two sets of Electric Multiple Unit (EMU) trains, along with two electric locomotives for cargo transportation under the East Coast Rail Link (ECRL) project, are expected to be shipped out from Dalian, China to Malaysia in October this year.

Economists Cautious On Malaysia’s 2025 Trade Prospects Amid Tariff Uncertainty

By Siti Noor Afera Abu

KUALA LUMPUR, June 22 (Bernama) -- Economists are maintaining a cautious stance on Malaysia’s trade outlook this year due to persistent global tariff uncertainty, which is expected to weigh on the country’s trade and manufacturing performance.

Philippines To Build On Malaysia’s ASEAN Chairmanship Legacy

By Zufazlin Baharuddin

KUALA LUMPUR, June 22 (Bernama) -- The Philippines has expressed its commitment to build on Malaysia’s current ASEAN chairmanship as it prepares to lead the regional bloc in 2026 especially in strengthening regional economic cooperation and ensuring a united stance on global issues.

OMS Reports Growth, Expansion Ahead Of First Earnings Call

KUALA LUMPUR, June 20 (Bernama) -- OMS Energy Technologies Inc (OMS), a manufacturer of surface wellhead systems (SWS) and oil country tubular goods (OCTG), has issued a business update ahead of its inaugural earnings call following its successful Nasdaq listing in May 2025.

Refined Sugar Or White Sugar Remains Tax-Free Under SST Revision - MOF

KUALA LUMPUR, June 20 (Bernama) -- Refined sugar (or commonly known as white sugar) remains tax-free under the revised Sales and Service Tax (SST) that will take effect on July 1, 2025, said the Ministry of Finance (MOF).

Malaysia Sharpens Its Focus On Becoming Regional Aerospace And Shipbuilding Hub

By Zarul Effendi Razali

KUALA LUMPUR, June 20 (Bernama) -- Malaysia is sharpening its focus on becoming a regional aerospace and shipbuilding hub, banking on high value investment, technical capability and geostrategic positioning to elevate its industrial profile over the next decade.

Malaysia’s Timber Exports May Gain Edge Due To Higher US Tariffs On Competitors – FRIM Director

By Fatin Umairah Abdul Hamid and K Naveen Prabu

KUALA LUMPUR, June 20 (Bernama) -- Malaysia’s timber exports may gain a competitive edge in the American market due to higher tariffs imposed on regional rivals such as Vietnam and Indonesia.

Rubber Market Ends Mixed

By Abdul Hamid A Rahman and K Naveen Prabu

KUALA LUMPUR, June 19 (Bernama) -- The Malaysian rubber market ended mixed today, influenced by the downtrend in regional rubber futures markets, a dealer said.