KUALA LUMPUR, June 18 — The ringgit ended lower against the greenback today ahead of a decision on US interest rates later today and as the war between Israel and Iran continued to escalate.

KUALA LUMPUR, June 18 — The retail price of RON97 petrol will increase by seven sen per litre, from RM3.07 to RM3.14, from June 19 to June 25, while that of RON95 remains unchanged at RM2.05 per litre.

KUALA LUMPUR, June 18 — Energy demand in Asean and the Asia-Pacific region is set to rise in the coming years, driven by the adoption of artificial intelligence (AI) under the Fifth Industrial Revolution, said Petronas.

ALGIERS, June 18 — Malaysia and Algeria have officially launched a strategic industrial cooperation project worth US$8 billion (RM34 billion), backed by Malaysia’s Lion Group, marking a major step forward in bilateral ties and ushering in a new development phase for Algeria’s mining sector, VNA reported.

KUCHING, June 18 — The 43rd Asean Senior Officials Meeting on Energy (SOME) marked a significant milestone today with representatives reaching consensus on several strategic agendas aimed at advancing the regional energy sector.

KUALA LUMPUR, June 18 — The ringgit was slightly higher against the US dollar at the open, with investors still cautious ahead of the United States’ monetary policy outcome due later tonight, an analyst said.

KUALA LUMPUR, June 17 — Malaysia’s economic position remains stable despite global trade uncertainties, with optimism surrounding ongoing negotiations, said Bank Negara Malaysia (BNM) Deputy Governor Adnan Zaylani Mohamad Zahid.

KUALA LUMPUR, June 17 — The ringgit ended nearly flat against the US dollar on Tuesday as investors stayed cautious amid the ongoing military conflict in the Middle East.

KUALA LUMPUR, June 17 — Petronas has welcomed the rationalisation of petrol subsidies, noting that such subsidies are unsustainable, said Petronas president and group chief executive officer Tan Sri Tengku Muhammad Taufik Tengku Aziz.

KUALA LUMPUR, June 17 — The government will prioritise the rationalisation of RON95 petrol subsidy this year before introducing a carbon tax in 2026, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

KUALA LUMPUR, June 17 — Malaysia must be adaptive in its policies, set up strong institutions, and maintain a clear vision of its chosen direction to achieve its goal of becoming a high-income economy, said Prime Minister Datuk Seri Anwar Ibrahim.

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 — Malaysia’s remarkable rise in the World Competitiveness Ranking (WCR) 2025 is clear evidence that the reforms implemented by the Madani government are yielding positive results, said Prime Minister Datuk Seri Anwar Ibrahim.

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.

By Danial Dzulkifly SHAH ALAM, June 17 — Malaysia’s fiscal deficit has narrowed to 4.5 per cent of the national gross domestic product in the first quarter of 2025, down from 5.7 per cent in the same period last year. This is said to reflect improved revenue collection from the revised Sales and...

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.