18d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, June 26 (Bernama) -- Bursa Malaysia reversed earlier losses to settle slightly higher on Friday, supported by a late rebound in banking stocks that lifted the benchmark index into positive territory just minutes before the market closed, an analyst said.
18d ago
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.
18d ago
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.
18d ago
SEPANG, June 26 (Bernama) -- Malaysia Aviation Group (MAG) has identified investment in its workforce, business diversification and stakeholder collaboration as key to strengthening its resilience against recurring crises in the aviation industry, said its president and group chief executive officer Capt Nasaruddin A. Bakar.
18d ago
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.
18d ago
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.
19d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, June 25 (Bernama) -- Bursa Malaysia ended lower on Thursday as selling pressure in industrial products and services stocks outweighed gains in the telecommunications sector, an analyst said.
19d ago
KUALA LUMPUR, June 25 (Bernama) -- Gamuda Bhd’s net profit for the third quarter of financial year 2026 (3Q FY2026) rose five per cent to RM258 million, supported by strong contributions from its domestic construction order book.
19d ago
KUALA LUMPUR, June 25 (Bernama) -- Amanah Saham Nasional Bhd (ASNB) has declared an income distribution of 5.50 sen per unit for its fixed-price fund, Amanah Saham Bumiputera 3 Didik (ASB 3 Didik), for the financial year ending June 30, 2026.
19d ago
KUALA LUMPUR, June 25 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) today signed a collaboration agreement with CAIQ Biosecurity Sdn Bhd under the Malaysia-China Gateway Initiative (MCGi), enhancing technical compliance support and strengthening market readiness among Malaysian exporters seeking to expand into China.
19d ago
SERDANG, June 25 (Bernama) -- The development of the low altitude economy (LAE) sector is expected to generate spillover effects on the local aerospace industry’s supply chain when maintenance, repair and overhaul (MRO) companies and critical component manufacturers obtain supplies from local suppliers.
19d ago
SERDANG, June 25 (Bernama) -- Malaysia aims to achieve a 15-20 per cent revenue growth for its aerospace industry this year, driven by rising global demand for aircraft and the continued expansion of the industry's supply chain.