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Beshom Unit To Dispose Of Kapar Industrial Land For RM85.8 Mln

KUALA LUMPUR, June 16 (Bernama) -- Beshom Holdings Bhd’s wholly-owned subsidiary, Hai-O Enterprise Bhd, has entered into a sale and purchase agreement with JT Development Sdn Bhd for the proposed disposal of three plots of freehold industrial land for a cash consideration of RM85.80 million.

Banks Must Build Specialised SME Lending Capabilities – EBRD

By Siti Radziah Hamzah

TASHKENT, June 16 (Bernama) --  Developing deeper capital markets and expanding financing access for underserved segments remain among the key challenges facing emerging Southeast Asian economies, according to the European Bank for Reconstruction and Development (EBRD).

Ringgit Closes Lower Against Greenback On BOJ Interest Rate Increase

By K. Naveen Prabu

KUALA LUMPUR, June 16 (Bernama) -- The ringgit closed lower against the US dollar on Tuesday as investors remained cautious following the Bank of Japan's (BOJ) decision to raise interest rates. 

Allianz Malaysia Shareholders Approve All Resolutions At 52nd AGM

KUALA LUMPUR, June 16 (Bernama) -- Allianz Malaysia Bhd’s shareholders have approved all resolutions tabled at the group’s 52nd annual general meeting (AGM) as the insurer marks its 25th anniversary this year.

SMR 20 Hits Nine-year High On Tight Supply, EV Demand

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, June 16 (Bernama) -- The Kuala Lumpur rubber market closed higher on Tuesday, leading to Standard Malaysian Rubber 20 (SMR 20) reaching its highest level in the past nine years, said a dealer.

ABB Robotics, PSYONIC Collaborate To Advance Robotic Dexterity

KUALA LUMPUR, June 16 (Bernama) -- ABB Robotics has announced a collaboration with California-based bionics company PSYONIC to advance robotic gripping and dexterity using real-world manipulation data from human prosthetic use.

iHerb CEO Wins EY US Entrepreneur Of The Year 2026 Pacific Southwest Award

KUALA LUMPUR, June 16 (Bernama) -- iHerb Chief Executive Officer (CEO) Emun Zabihi has been named a recipient of the EY US Entrepreneur Of The Year 2026 Pacific Southwest Award.

Malaysian Equities Expected To Rebound In 2H 2026 Supported By US-Iran Peace Deal -- Affin Hwang

KUALA LUMPUR, June 16 (Bernama) -- Affin Hwang Investment Bank Bhd expects Malaysia's equity market to rebound in the second half of 2026 (2H 2026), supported by a potential United States-Iran peace deal. 

AT&S' €2 Bln Kulim Expansion To Strengthen Malaysia's Semiconductor Ecosystem -- Anwar

KUALA LUMPUR, June 16 (Bernama) -- Technologie & Systemtechnik Aktiengesellschaft's (AT&S) decision to expand its operations in Kulim, Kedah, through a new investment of up to €2 billion (€1 = RM4.69) is expected to further strengthen Malaysia's semiconductor ecosystem and create high-skilled employment opportunities for Malaysians, Prime Minister Datuk Seri Anwar Ibrahim said.

Malaysia's Total Trade Hits RM3.1 Trillion In 2025, Penang Tops Exports -- DOSM

GEORGE TOWN, June 16 (Bernama) -- Malaysia’s total trade expanded to RM3.1 trillion in 2025, comprising RM1.6 trillion in exports and RM1.5 trillion in imports, with Penang continuing to lead the nation’s export performance, according to the Department of Statistics Malaysia (DOSM).

Domestic Tourism Spending Reaches RM121.3 Billion In 2025 - DOSM

PUTRAJAYA, June 16 (Bernama) -- Malaysia's domestic tourism sector continued its upward trajectory in 2025, with total domestic visitor expenditure rising 13.6 per cent to RM121.3 billion from RM106.7 billion in 2024, according to the Domestic Tourism Survey 2025 released by the Department of Statistics Malaysia (DOSM) today.

Bursa Malaysia Opens Slightly Lower On Mild Profit-Taking

KUALA LUMPUR, June 16 (Bernama) -- Bursa Malaysia opened slightly lower on Tuesday as investors locked in gains following the previous session’s rally, with early profit-taking weighing on the benchmark index.