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PM Anwar Calls For Core Human Values In Economic And Technological Pursuits

ISKANDAR PUTERI, June 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today called for economic growth to be firmly rooted in ethics, culture and humanity, even as the nation embraces rapid technological advancement.

Malaysia Firm Against Unilateral Tariffs, Reaffirms Support For Multilateral Trade - PM Anwar

ISKANDAR PUTERI, June 19 (Bernama) -- Malaysia remains firmly opposed to unilateral tariffs and continues to uphold a multilateral, rules-based international trading system, Prime Minister Datuk Seri Anwar Ibrahim said today.

Taiwan Expo 2025 To Showcase AI Innovations From 32 Taiwanese Companies

KUALA LUMPUR, June 19 (Bernama) -- The upcoming Taiwan Expo 2025 to be held from June 23-25 at the Kuala Lumpur Convention Centre will have 32 Taiwanese artificial intelligence (AI) companies presenting their latest technologies across various sectors.

Construction Sector 2Q Earnings Keep Upward Momentum - CIMB Securities

KUALA LUMPUR, June 19 (Bernama) -- Earnings in the construction sector are expected to remain on an upward quarter-on-quarter (q-o-q) trajectory in the second quarter of 2025 (2Q 2025), supported by increased construction site activities following 1Q 2025 festive breaks, according to CIMB Securities Sdn Bhd.

Malaysia's Data Centre Sector Remains Positive -- MIDF Amanah

KUALA LUMPUR, June 19 (Bernama) -- Malaysia's data centre sector remained positive amid a recent report alleging that Chinese firms were training their artificial intelligence (AI) models at a data centre here that is powered by Nvidia chips, said MIDF Amanah Investment Bank Bhd.

Cut Red Tape, Dismantle Non-Tariff Barriers To Unlock Full Potential Of Sub-Regional Groupings – Economists

By Nur Athirah Mohd Shaharuddin & Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, June 19 (Bernama) -- ASEAN needs to double down on streamlining regulations and cutting red tape, including harmonising customs procedures, to unlock the full potential of sub-regional groupings.

Ringgit Firmer Vs US Dollar At Opening

By Anas Abu Hassan and Fatin Umairah Abdul Hamid

KUALA LUMPUR, June 19 (Bernama) -- The ringgit inched higher at the opening today amid ongoing geopolitical worries and despite a firmer greenback after the US Federal Reserve (Fed) decided to keep interest rates unchanged, an analyst said.

MITI Probes Alleged Breach Involving Nvidia-powered AI Chips

KUALA LUMPUR, June 18 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI)  is verifying with relevant agencies to see whether any local laws have been breached following reports of a Chinese company using Nvidia-powered artificial intelligence (AI) chips for Large Language Model (LLM) training in Malaysia.

Govt Expects Inflation To Rise Less Than 0.25 Pct Following SST Review

By Zufazlin Baharuddin

PETALING JAYA, June 18 (Bernama) -- The inflation rate is expected to remain under control, with a projected increase of less than 0.25 per cent following the review and expansion of the Sales and Service Tax (SST) scope, effective July 1.

No Energy Disruption Yet, But Industry To Closely Track Prices -- S&P Global

KUALA LUMPUR, June 18 (Bernama) -- There is no global energy disruption so far, but industries will continue to closely monitor price developments, said S&P Global vice-chairman Daniel Yergin. 

Iran-Israel Conflict Poses Limited Economic Risk To Malaysia - CIMB Securities

KUALA LUMPUR, June 18 (Bernama) -- The Iran-Israel conflict poses limited direct economic risk to Malaysia, given the country’s minimal trade exposure to the region and historical evidence that oil price surges linked to conflicts tend to be short-lived, according to CIMB Securities Sdn Bhd.

Petronas Signs Production Sharing Contract For Suriname's Block 66

KUALA LUMPUR, June 18 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) subsidiary, Petronas Suriname E&P BV has inked a production sharing contract (PSC) with Staatsolie Maatschappij Suriname NV and its wholly-owned subsidiary, Paradise Oil Company NV (POC) for Block 66 offshore Suriname.