Newsfeed – Business News
Iraq projects oil production to return to pre-war levels within two months
BAGHDAD, June 20 — Iraqi authorities predict oil production will return to peacetime levels “within one to two months”, state media reported, after the Middle East war caused exports to […]
Indonesia’s new palm oil export rules draw scrutiny from Malaysia, traders
JAKARTA, June 20 — Indonesia’s plan to tighten oversight of strategic commodity exports through a new state-linked monitoring framework is being closely watched by industry players in Malaysia as well […]
Chip giant MKS pours RM400m into Penang plant, creates 1,000 high-value jobs
SEBERANG PERAI, June 20 — Global semiconductor technology company MKS Inc today invested more than RM400 million to establish a new Super Center Factory in Penang. Penang Chief Minister Chow […]
Fans win, hotels lose as World Cup tourism bets backfire across host cities
NEW YORK, June 20 — The 2026 World Cup is showing a mixed tourism and hospitality picture across host cities, with early expectations of a major economic windfall increasingly tempered […]
Brexit at 10: Small businesses count the cost of barriers and delays
LONDON, June 20 — Ten years on from a referendum that triggered Britain’s exit from the European Union, the nation’s small- and medium-sized businesses (SMEs) find themselves caught between mountains […]
Iran waives Hormuz transit fees during 60-day US truce window
DUBAI, June 19 — Iran’s Strait of Hormuz body said on Friday it would waive planned fees to use the strait during a 60-day negotiation period under the memorandum of […]
Ringgit slips into weekend as US dollar stays supported by Fed outlook
KUALA LUMPUR, June 19 — The ringgit closed lower against the US dollar on Friday as persistent expectations of a possible US Federal Reserve (Fed) interest rate hike later this […]
Malaysia’s trade hits all-time high of RM328b in May on AI boom
PUTRAJAYA, June 19 — Malaysia’s trade performance shattered previous records in May, as a surge in demand for artificial intelligence (AI) and automotive technologies propelled exports to an all-time monthly […]
Bursa Malaysia extends winning streak to seven sessions on blue-chip rally
KUALA LUMPUR, June 19 — Bursa Malaysia’s composite index ended the week higher, extending its gains for a seventh consecutive session, supported by strong late-session buying in selected blue-chip counters. […]
International traffic at KLIA up 2pc in May amid Visit Malaysia 2026 push, says MAHB
KUALA LUMPUR, June 19 — The continued growth in international traffic reinforces Malaysia’s position as a key regional gateway under the Visit Malaysia 2026 campaign, according to Malaysia Airports Holdings […]