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ECONOMY

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  • ECONOMY

Ringgit Jumps To RM4.04 Against US Dollar As US-Iran Peace Deal Boosts Market Sentiment

El Sky Media5 months ago5 months ago010 mins

KUALA LUMPUR,June,2026 – The ringgit extended its upward momentum on Monday morning, opening stronger against the US dollar and other…

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  • BUSINESS
  • ECONOMY

Malaysian Palm Oil Trades Near RM4,529 As Indonesia Export Controls Keep Market Volatile

El Sky Media5 months ago5 months ago011 mins

KUALA LUMPUR,June,2026 – Malaysian palm oil futures traded close to RM4,529 per tonne on June 12 as the market reacted…

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  • ECONOMY

Economy Minister Akmal Nasrullah Says Nearly 180,000 Paddy Farmers Receive RM200 Advance Incentive

El Sky Media5 months ago5 months ago011 mins

KUALA LUMPUR,June,2026 – Economy Minister Datuk Seri Akmal Nasrullah Mohd Nasir said the government’s RM200 per hectare advance ploughing incentive…

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  • ECONOMY

US Refunds Nearly $22 Billion In Tariffs After Supreme Court Ruling, Wiping Out May Customs Revenue

El Sky Media5 months ago5 months ago08 mins

KUALA LUMPUR,June,2026 – The United States Treasury refunded nearly US$22 billion in tariff revenue collected from importers in May, effectively…

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  • ECONOMY

Ringgit Among Region’s Top-Performing Currencies As Strong Investment Inflows Support Malaysia’s Economy, Says Amir Hamzah

El Sky Media5 months ago5 months ago09 mins

KUALA LUMPUR,June,2026 – The ringgit remains one of the region’s top-performing currencies this year, supported by strong investment inflows, positive…

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  • ECONOMY

Petronas Signs 20-Year LNG Supply Deal With Japan’s JERA To Strengthen Energy Security Amid Global Uncertainty

El Sky Media5 months ago5 months ago07 mins

KUALA LUMPUR,June,2026 – Malaysia’s national energy company Petroliam Nasional Bhd, better known as Petronas, has signed a major long-term liquefied…

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  • BUSINESS
  • ECONOMY

Asia Coal Prices Hit 22-Month High As Indonesia Export Rules Raise Supply Concerns

El Sky Media5 months ago5 months ago011 mins

KUALA LUMPUR,June,2026 – Asian coal prices have risen to their highest level in 22 months as Indonesia’s new commodity export…

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  • ECONOMY

Anwar To Address Nikkei Forum, Seek New Japanese Investments During Three-Day Visit To Japan

El Sky Media5 months ago5 months ago09 mins

KUALA LUMPUR,June,2026 – Prime Minister Datuk Seri Anwar Ibrahim will undertake a three-day official visit to Japan from June 8…

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  • ECONOMY

Ringgit Expected to Trade in Narrow Range Next Week Amid Geopolitical Uncertainty and Pre-Election Caution

El Sky Media5 months ago5 months ago03 mins

KUALA LUMPUR, June 7, 2026 – The Malaysian Ringgit is forecast to trade within a tight band of RM4.02 to…

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  • ECONOMY

Johari Says USTR’s Excess Capacity Claim May Be Linked To Third-Party Imports, Not Malaysian Overproduction

El Sky Media5 months ago5 months ago010 mins

KUALA LUMPUR, June, 2026 – Malaysia has rejected claims that its manufacturers are producing beyond market demand to flood the…

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