World Cup Fever May Inject Up To RM2.1 Bln Into Malaysia’s F&B Sector, Economist Says

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, June 28 (Bernama) -- Football fever during the FIFA World Cup 2026 could inject between RM1.2 billion and RM2.1 billion into Malaysia's food and beverage (F&B) industry as fans flock to “mamak” outlets, cafes, and restaurants to catch live matches, according to an economist.

Malaysia, Switzerland Conclude Second Round Of Double Taxation Agreement Talks

KUALA LUMPUR, June 27 (Bernama) -- Malaysia's Ministry of Finance (MOF) and Switzerland's State Secretariat for International Finance have successfully concluded the second round of renegotiations of the Agreement for the Elimination of Double Taxation with Respect to Taxes on Income between the two countries.

Ringgit Rises Further Versus US Dollar, Major And Regional Currencies

By Danni Haizal Danial Donald

KUALA LUMPUR, June 26 (Bernama) -- The ringgit has continued to strengthen against the US dollar, other major currencies and ASEAN peers on Friday, shrugging off the impact of stronger-than-expected United States (US) economic data.

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.

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.

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.

Yinson Well-positioned To Benefit From Offshore Investment Upswing

KUALA LUMPUR, June 26 (Bernama) -- Yinson Holdings Bhd is well-positioned to capitalise on a potential upcycle in upstream offshore investments, particularly within the floating production, storage and offloading (FPSO) segment. 

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.

Gamuda Up On RM52.3 Bln Order Book, Strong FY2027 Outlook

KUALA LUMPUR, June 26 (Bernama) -- Heavyweight Gamuda Bhd's shares traded higher in early trade on Friday after recording improved third quarter financial year 2026 (3Q FY2026) results and an outstanding order book of RM52.3 billion as at April 2026.

Ringgit Opens Marginally Lower As Strong US GDP Supports Dollar

KUALA LUMPUR, June 26 (Bernama) -- The ringgit opened marginally lower against the US dollar on Friday as stronger-than-expected US economic data boosted the greenback.

Kuala Lumpur Rubber Market Extends Losses, Tracking Regional Futures Decline

KUALA LUMPUR, June 25 (Bernama) -- The Kuala Lumpur rubber market ended sharply lower for the third consecutive day, tracking broad-based declines in regional rubber futures markets amid growing expectationS of improved supply availability, a dealer said.