Malaysia · Business
Same event, multiple sources, transparently cited.
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Malaysia to seriously explore local currency use in bilateral trade with China, Russia
Malaysia will explore using local currencies in trade with partners to reduce foreign exchange risks, focusing on China, Russia, and India.
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MKS Opens RM400 Million Semiconductor Factory in Penang, Creating Over 1,000 Jobs
MKS Inc inaugurated its new RM400 million semiconductor factory in Penang, with over 1,000 jobs expected upon completion.
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Petronas secures stake in Turkmenistan's giant gas fields during Anwar's visit
Petronas signed an agreement to acquire stakes in major Turkmenistan gas fields during PM Anwar Ibrahim's visit from June 18-20, 2026.
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US and Philippines Near Deal on Economic Security Zone Under Pax Silica Pact
The US and Philippines are expected to finalize a long-term economic security zone framework under the Pax Silica alliance soon.
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Hilton Shah Alam Glenmarie reopens as premier urban resort in Klang Valley
Hilton Shah Alam Glenmarie officially reopened March 1 under Hilton management, targeting MICE and leisure travelers with 261 rooms and extensive event space
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Malaysia and China sign port cooperation agreements to boost supply chain resilience
Malaysia and China signed multiple memoranda of understanding to expand port cooperation and strengthen trade ties on May 21, 2026.
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Malaysia pushes automation to cut foreign labor reliance and boost competitiveness
Malaysia aims to automate 3,000 companies with grants and loans to reduce foreign labor reliance and upgrade worker skills.
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Elsa Berhad opens IPO at 23 sen per share to raise RM35.6 million on ACE Market
Elsa Berhad launched its IPO on May 21, priced at 23 sen per share, to raise RM35.6 million ahead of a June 16 ACE Market listing.
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Major global firms cut jobs as AI sparks workforce anxiety and disruption
Standard Chartered, Meta, Amazon and others cut tens of thousands of jobs amid widespread AI-driven changes and worker concerns.
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Federation of Malaysian Manufacturing urges immediate enforcement of Government Procurement Act 2025
The Federation of Malaysian Manufacturing called for immediate enforcement of Malaysia’s Government Procurement Act amid global supply disruptions.
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Malaysia and Turkmenistan sign strategic energy partnership as Petronas marks 30 years
Malaysia's PM Anwar Ibrahim and Turkmenistan President Serdar Berdimuhamedov signed new energy and economic agreements during a June 18-19 visit.
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Bank of Japan Governor Kazuo Ueda discharged from hospital, to resume work June 23
Bank of Japan Governor Kazuo Ueda was discharged from hospital on June 19 after treatment and plans to return to work June 23.
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Selangor unveils RM209 million package including SA500 expansion to combat energy crisis
The Selangor government launched a RM209.26 million Phase Two resilience package with 15 initiatives on June 19 to address global energy and supply chain disruptions.
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Malaysia secures 20-year energy supply deal with Russia, enhances labor ties with Bangladesh
Malaysia finalized a long-term energy supply agreement with Russia and strengthened worker cooperation with Bangladesh.
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Kuala Lumpur High Court quashes subpoena for PM Anwar in RM30 million civil suit
The Kuala Lumpur High Court set aside a subpoena requiring Prime Minister Anwar Ibrahim to testify in a RM30 million civil lawsuit on June 19, 2026.
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Malaysia's exports surge 45% in May 2026, trade surplus hits record RM40.38 billion
Malaysia's exports rose about 45% year-on-year in May 2026 to RM184 billion, lifting the trade surplus to a record RM40.38 billion amid rising inflation.
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Two men killed after riverbank collapse during suspected illegal gold mining in Jeli
Two men died and one survived when a riverbank embankment collapsed during suspected illegal gold mining near Jerimbong oil palm plantation in Jeli on May 20.
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Datuk Kamil Misuari, husband of Minister Nancy Shukri, dies at 65 in Kuala Lumpur
Datuk Kamil Misuari, husband of Minister Nancy Shukri, died at a Kuala Lumpur hospital on June 18, 2026, aged 65.
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Upko joins Gabungan Rakyat Sabah as sixth component party
Gabungan Rakyat Sabah unanimously accepted Upko as its sixth component party on June 18, 2026.
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Malaysia to table Road Transport Bill with tougher measures on illegal racing and ‘tonto’ syndicates
Malaysia will table the Road Transport (Amendment) Bill 2025 on June 22 with new rules against illegal racing and crime syndicates disrupting enforcement.
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Strait of Hormuz reopens as Persian Gulf oil exports near pre-war levels after US-Iran interim deal
The Strait of Hormuz reopened for commercial shipping following a US-Iran deal, allowing trapped oil tankers to resume exports and Gulf producers to raise output.
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Perodua cuts service maintenance parts and labour prices by up to 10% from June 19
Perodua will reduce prices for service maintenance parts and labour by up to 10% starting June 19, 2026, covering all models including its electric QV-E.
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Court of Appeal cuts Lim Guan Eng’s defamation damages against Muhyiddin to RM450,000
The Court of Appeal ruled Muhyiddin's defamatory statements against Lim Guan Eng merit RM450,000 damages, down from RM1.05 million awarded by the High Court.
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Johor launches Economic Transformation Plan targeting RM167.4 billion investment by 2030
Johor launched the Johor Economic Transformation Plan (JETP) on June 18, 2026, identifying 83 projects worth RM167.4 billion across eight key industries.