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Economy

Govt Targets 10 Bumiputera Firms For Bursa Listings Over 2026-27 Period

PUTRAJAYA, June 26 (Bernama) -- The government is targeting 10 Bumiputera companies to be listed on Bursa Malaysia in 2026 and 2027, with four of them already in the pipeline for listing this year, said government spokesperson Datuk Fahmi Fadzil. 

GTA Holdings Receives Bursa Malaysia Approval For ACE Market Listing

KUALA LUMPUR, June 26 (Bernama) -- Aviation maintenance company GTA Holdings Bhd has received Bursa Malaysia approval for listing on the ACE Market.

Vestland Secures RM135 Mln Contract From Golden Armani

KUALA LUMPUR, June 26 (Bernama) -- Vestland Bhd’s wholly owned subsidiary Vestland Resources Sdn Bhd (VRSB) had accepted a letter of award from Golden Armani Sdn Bhd (GASB) to undertake the superstructure works for a contract sum of RM135 million. 

Econpile Wins RM48.8 Mln Contract For KL Serviced Apartment Project

KUALA LUMPUR, June 26 (Bernama) -- Econpile Holdings Bhd has secured a RM48.8 million subcontract from Vestland Infra Sdn Bhd to undertake specialist bored pile and foundation works for a serviced apartment project in Kuala Lumpur.

Reinvestment Allowance: MITI To Convey Industry Players' Feedback To MoF

MELAKA, June 26 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is currently looking at issues related to the reinvestment allowance (RA) and will bring them to the attention of the Finance Ministry (MoF) following the business community’s call for improvements to the incentive to encourage greater corporate reinvestment.

Service Tax Exemption Eases Financial Impact On Non-residential Buildings Management - MIPFM

KUALA LUMPUR, June 26 (Bernama) -- The government’s decision to exempt Service Tax on service charges and sinking fund contributions for non-residential buildings will help ease the financial impact on the management of non-residential stratified properties, said the Malaysian Institute of Property and Facility Managers (MIPFM).

AI-Powered Elsa Corp Enters Malaysia's English Proficiency Market

KUALA LUMPUR, June 26 (Bernama) -- San Francisco-based Elsa Corp has entered the English proficiency market in Malaysia by appointing K-Pintar Sdn Bhd and Cedar Tech Training Sdn Bhd as its authorised partners in the country to help organisations improve workplace English communication performance.

Moneysave, Labuan Chamber Of Commerce Ink MoU For RM200 Mln SME Financing Initiative

KOTA KINABALU, June 26 (Bernama) -- Moneysave (M) Sdn Bhd and the Labuan Chamber of Commerce (LCC) signed a memorandum of understanding (MoU) today to launch a RM200 million financing initiative aimed at improving access to capital for small and medium enterprises (SMEs) in Sabah and Labuan.

Enest Group Eyes RM15.11 Mln IPO Proceeds To Repay Debt, Fund Operations

KUALA LUMPUR, June 26 (Bernama) -- LEAP Market-listed Enest Group Bhd aims to raise RM15.11 million from its initial public offering (IPO) as part of its transfer to the ACE Market of Bursa Malaysia Securities Bhd.

MAA Hopes Govt Will Extend Additional 100-litre Subsidised Diesel To MPV Owners

KUALA LUMPUR, June 26 (Bernama) -- The Malaysian Automotive Association (MAA) hopes the government will consider extending the application for the additional 100 litres of subsidised diesel to multi-purpose vehicle (MPV) owners.

Zenix Aerospace Upeca Strengthens Capabilities To Support Global Supply Chain, Backs Malaysia's Ambitions

By Siti Noor Afera Abu

KUALA LUMPUR, June 26 (Bernama) -- Zenix Aerospace Upeca is strengthening its manufacturing capabilities, digitalisation efforts and workforce development as part of its long-term strategy to help elevate Malaysia’s position in the global aerospace value chain and drive sustainable industry growth.

Spain Tops Summer 2026 Business Travel Destinations: Holafly Study

KUALA LUMPUR, June 26 (Bernama) -- Spain is the leading destination for business travellers this summer, followed by Japan and the United States, according to Holafly's Summer Travel & eSIM Report 2026.