Sub-regional Initiatives Such As IMT-GT, BIMP-EAGA Have Borne Fruit While Complementing Asean Economic Community Ambitions

KUALA LUMPUR, June 8 (Bernama) -- Sub-regional initiatives such as the Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) and the Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) have not only borne fruit significantly but proven to be vital complements to the ASEAN Economic Community (AEC) in boosting trade, investment and regional connectivity.

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).

Bursa Malaysia Seen Trading Between 1,500 And 1,530 Next Week, Pending Fresh Catalysts

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 7 (Bernama) --  The FTSE Bursa Malaysia KLCI (FBM KLCI) is set to trade between 1,500 and 1,530 points next week, pending fresh market catalysts, said an analyst.

CPO Futures End Higher Tracking Stronger Soyabean Oil Prices

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, June 6 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today, tracking stronger soyabean oil prices on the Chicago Board of Trade, said palm oil trader David Ng.

MIDF Research: Oil Prices Under Pressure As Supply Outpaces Demand

KUALA LUMPUR, June 6 (Bernama) -- Crude oil prices are expected to remain under pressure and could fall below US$65 per barrel (pb) due to persistent oversupply and weaker demand projections, according to MIDF Amanah Investment Bank Bhd (MIDF Research).

Influencer Teardowns Highlight Midea’s Role In Global AC Supply Chain

KUALA LUMPUR, June 6 (Bernama) -- Chinese company Midea, the world’s largest producer of residential inverter air conditioners (ACs), has drawn attention to its self-developed inverter compressor following teardown reviews of ACs by influencers in Malaysia and Thailand, which have sparked widespread discussion.

Malaysia's Plantation Sector Remains Neutral Amid EU 'Standard Risk' Classification -- AmInvestment Bank

KUALA LUMPUR, June 6 (Bernama) -- AmInvestment Bank Bhd has maintained its neutral rating on the plantation sector the amid the recent 'standard risk' classification by the European Commission (EC).

Sarawak Reaffirms Stand As Southeast Asia Clean Energy Leader At UK Conference

KUCHING, June 6 (Bernama) -- Sarawak has reaffirmed its position as Southeast Asia's clean energy leader, sharing the state’s vision for its energy plans at the Energy Export Conference (EEC) 2025 in Aberdeen, United Kingdom (UK).

Malaysia Brings ASEAN Voice To OECD Meeting In Paris

KUALA LUMPUR, June 5 (Bernama) -- ASEAN, which is chaired by Malaysia this year, has expressed full support for all efforts to strengthen open markets and uphold a rules-based multilateral trading system as the foundation for sustainable and inclusive global growth.

Malaysia Seeks Strategic Ties With China’s Anhui In Digital, Green Tech, Palm Oil

From Kisho Kumari Sucedaram

HUANGSHAN, June 5 (Bernama) -- Malaysia is seeking to forge strategic partnerships with China’s Anhui Province in the digital economy, green technology and palm oil sectors under the Regional Comprehensive Economic Partnership (RCEP) framework to expand future-oriented regional cooperation.

RCEP, ACFTA Key To Unlocking ASEAN-China Trade Potential - ASEAN Sec-Gen

From Kisho Kumari Sucedaram

HUANGSHAN, June 5 (Bernama) -- Stronger grassroots implementation, simplified processes for businesses, and closer public–private partnerships are key to unlocking the full potential of regional trade pacts, according to ASEAN Secretary-General Dr Kao Kim Hourn.

CPO Futures End Higher On Stronger Exports, Higher Soybean Oil Prices

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, June 4 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher today, driven by stronger export performance and higher soybean oil prices on the Chicago Board of Trade (CBOT), according to palm oil trader David Ng.