KUALA LUMPUR, June 17 — Petronas expects to take one to two years to set up a proposed joint venture with Italian energy group Eni on some upstream assets in Indonesia and Malaysia, an executive of the state-run energy company said today.

KUALA LUMPUR, June 17 — FGV Holdings Bhd’s share price was lower in the early trade amid recent news about its privatisation plans by the Federal Land Development Authority (Felda).

KUALA LUMPUR, June 17 — The Port Klang Authority (PKA) today clarified that its tariff rates will remain among the most competitive in the region.

KUALA LUMPUR, June 17 — The ringgit opened flat against the US dollar today as investors steered towards the sidelines amid cautious sentiment ahead of the two-day Federal Open Market Committee (FOMC) meeting beginning later today, said an analyst.

KUALA LUMPUR, June 17 — Malaysia has jumped 11 spots in the World Competitiveness Ranking (WCR) 2025 to 23rd place — its best ranking since 2020 — reflecting the progressive momentum in the country’s economic recovery and reform agenda.

KUALA LUMPUR, June 17 — The Port Klang Authority (PKA) today clarified that its tariff rates will remain among the most competitive in the region.

KUCHING, June 16 — International collaboration is vital for Asean to realise a sustainable energy future, as this aspiration requires member states to adopt innovative technologies and strengthen power infrastructure, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

KUALA LUMPUR, June 16 — The government will formulate an effective strategy to develop the local corn grain industry to reduce dependence on imported commodities, said Prime Minister Datuk Seri Anwar Ibrahim.

KUALA LUMPUR, June 16 — The Iran-Israel conflict will not necessarily hurt the oil industry or price mechanisms of the commodity, said Prime Minister Datuk Seri Anwar Ibrahim.

KUALA LUMPUR, June 16 — Asean Power Grid’s (APG) enhanced memorandum of understanding (MOU), projected to be finalised by year end, will focus on standardising rules and regulations, aligning technical requirements and establishing a financial model.

KUALA LUMPUR, June 16 — Malaysia has continued to strengthen strategic health sector cooperation, the latest effort being a courtesy visit from the United States-Asean Business Council (US-ABC) delegation to the Health Ministry headquarters today.

KUALA LUMPUR, June 16 — Malaysia’s Trade Openness Index (TOI) increased to 149.0 in 2024, from 144.6 in 2023, said the Statistics Department (DOSM).

KUALA LUMPUR, June 16 — MIDF Amanah Investment Bank Bhd remains bullish on Malaysia’s property sector this year with buying interest expected to stay healthy.

KUALA LUMPUR, June 16 — Bursa Malaysia opened lower today, extending last week’s downtrend, weighed down by the broadly lower Wall Street performance amid the intensified conflict in the Middle East between Israel and Iran, said an analyst.

KUALA LUMPUR, June 16 — The ringgit opened higher against the United States dollar and a basket of currencies, including Asean currencies today, amid cautious sentiment due to escalating geopolitical risks, said an analyst.

HONG KONG, June 16 — The Hong Kong stock exchange plans to attract listed companies in Southeast Asia and the Middle East, in particular, for second listings in the financial hub, its chief executive said, as the bourse looks to burnish its global credentials.

KUALA LUMPUR, June 14 — The ringgit is expected to trade within a narrow range next week, as investors remain cautious amid ongoing global inflation concerns.

KUALA LUMPUR, June 13 — Malaysia’s April wholesale and retail trade registered total sales of RM151.7 billion, reflecting a 4.7 per cent growth on-year (y-o-y), said the Statistics Department (DOSM).

KUALA LUMPUR, June 13 — The ringgit extended its gains against the US dollar at Friday’s open, buoyed by continued weakness in US economic data, an analyst said.

MELAKA, June 12 — The government is mulling over a proposal to establish a Technical and Vocational Education and Training (TVET) Commission, in line with the TVET reform agenda.