MIDA Inked Five MoUs With Organisations From Four Countries In 2023-2025 -- MITI

KUALA LUMPUR, June 29 (Bernama) -- The Malaysian Investment Development Authority (MIDA) signed five foreign investment-related memoranda of understanding (MoUs) with organisations from China, Saudi Arabia, Japan, and Türkiye between 2023 and 2025.

MITI, MIDA Approve RM774.4 Bln In Manufacturing Investments Between 2020 And 2025

KUALA LUMPUR, June 29 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI), together with its agency, the Malaysian Investment Development Authority (MIDA), approved 5,899 manufacturing investment projects worth RM774.4 billion between 2020 and 2025, with the potential to create 502,493 new jobs.

Global Air Cargo Demand 6.0 Pct Up In May 2026 – IATA

KUALA LUMPUR, June 29 (Bernama) -- Total demand of global air cargo, measured in cargo tonne-kilometres, increased by 6.0 per cent in May 2026, compared to May 2025 levels (6.5 per cent for international operations), according to the International Air Transport Association (IATA).

Nigel Wong Re-Elected MATTA President For Second Term

KUALA LUMPUR, June 29 (Bernama) -- Nigel Wong Chun Teim has been re-elected as president of the Malaysian Association of Tour and Travel Agents (MATTA) for the 2026-2029 term, marking his second term leading the association.

REHDA Malaysia Elects Zaini Yusoff As New President For 2026-2028 Term

KUALA LUMPUR, June 29 (Bernama) -- Real Estate and Housing Developers' Association (REHDA) Malaysia has elected Datuk Zaini Yusoff as its new president for the 2026-2028 term, succeeding Datuk Ir Ho Hon Sang following the association's annual delegates conference on June 27, 2026.

Bina Puri Gets Lenders’ Approval In Principle For Restructuring Scheme

KUALA LUMPUR, June 29 (Bernama) -- Bina Puri Holdings Bhd has received approval in principle from participating lenders for its proposed restructuring scheme (PRS), following mediation by the Corporate Debt Restructuring Committee (CDRC).

Jati Tinggi Bags RM86 Mln Power Infrastructure Contract For Data Centre In Kapar

KUALA LUMPUR, June 29 (Bernama) -- Jati Tinggi Group Bhd (JTGB) has clinched an RM86 million contract to undertake the design and construction of a 275-kilovolt (kV) overhead transmission line and related power infrastructure for a data centre in Kapar, Selangor.

Ringgit Strengthens Against Major, Regional Currencies At The Close

By Abdul Hamid A Rahman

KUALA LUMPUR, June 29 (Bernama) -- The ringgit strengthened against major and regional currencies, supported by lower crude oil prices, which helped improve risk sentiment amid ongoing United States-Iran peace negotiations.

SC Issues Guidance Note On Sukuk To Strengthen Alignment With Maqasid Al-Shariah

KUALA LUMPUR, June 29 (Bernama) -- The Securities Commission Malaysia (SC) today issued the Guidance Note on Sukuk: An Alignment with the Maqasid Al-Shariah Guidance Islamic Capital Market Malaysia to strengthen the alignment of sukuk issuances with Maqasid al-Shariah.

Kaspersky, Digital Penang Collaborate To Boost Cybersecurity Readiness Among MSMEs

GEORGE TOWN, June 29 (Bernama) -- Global cybersecurity and digital privacy company Kaspersky and Digital Penang have entered into a strategic collaboration to strengthen digital trust among micro, small and medium enterprises (MSMEs) in Penang, supporting the state’s efforts to build a trusted and resilient digital economy.

ACE Market-Bound SRKK AI's IPO Oversubscribed By 312.3 Times

KUALA LUMPUR, June 29 (Bernama) -- The retail tranche of SRKK AI Bhd's initial public offering (IPO) was oversubscribed by 312.3 times ahead of the company's listing on the ACE Market of Bursa Malaysia on July 9, 2026.

Rubber Market Ends Lower On Weaker Regional Futures

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, June 29 (Bernama) -- The Kuala Lumpur rubber market ended lower on Monday, weighed down by regional rubber futures.