Bursa Malaysia Opens Slightly Higher On Bargain Hunting

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 26 (Bernama) -- Bursa Malaysia started the day slightly higher, buoyed by bargain hunting in telecommunications and transportation counters.

ASNB Declares 5.5 Sen Per Unit Income Distribution For ASB 3 Didik

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.

MATRADE Inks Partnership With CAIQ Biosecurity Under MCGi, Boosting MSME Exports To China

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.

SMEs Can Tap Over RM4 Bln Still Available Under BNM's SME SRF -- Akmal Nasrullah

KUALA LUMPUR, June 25 (Bernama) -- More than RM4 billion out of the RM5 billion allocation under Bank Negara Malaysia’s (BNM) Small and Medium Enterprise Stabilisation Relief Facility (SME SRF) is still available to assist micro, small and medium enterprises (MSMEs) manage cash flow and reduce operational disruptions.

NIKE Appoints David Denton As CFO

KUALA LUMPUR, June 24 (Bernama) -- NIKE Inc has appointed David M. Denton as Executive Vice President (EVP) and Chief Financial Officer (CFO), effective Aug 17, as the company continues to advance its growth strategy and operational priorities under President and Chief Executive Officer, Elliott Hill.

UWC Among Top Gainers, Analysts Lift Target Prices On Robust Semiconductor Demand

KUALA LUMPUR, June 24 (Bernama) -- UWC Bhd was among the top gainers on Bursa Malaysia today, up by more than four per cent in early trade after its third-quarter financial year 2026 (3Q FY2026) results came in line with expectations.

Paragon Globe Unit To Dispose Of Tanjung Kupang Land For RM398.11 Mln

KUALA LUMPUR, June 23 (Bernama) -- Paragon Globe Bhd’s (PGB) wholly-owned subsidiary, PGB Landmark Sdn Bhd, has proposed to dispose of two parcels of freehold land in Tanjung Kupang, Johor, for RM398.11 million to Dayone Data Centers Malaysia III Sdn Bhd.

Teraju Approves Nearly RM134 Mln Financing For 143 Bumiputera Firms In Northern Corridor

BUTTERWORTH, June 23 (Bernama) -- The Bumiputera Agenda Steering Unit (TERAJU) approved nearly RM134 million in financing for 143 Bumiputera companies in the Northern Corridor Economic Region (NCER) in the period from Dec 1, 2024 to May 31, 2026.

Selangor Resilience Strengthening Package Formualted With Care, Generates Savings -- Amirudin

SHAH ALAM, June 23 (Bernama) -- The Selangor Resilience Strengthening Package was formulated after taking into account the results of cost-saving measures and prudent state financial management, said Menteri Besar Datuk Seri Amirudin Shari.

Japan’s Non-Life Insurance Segment Outlook Remains Stable - AM Best

KUALA LUMPUR, June 23 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook on Japan’s non-life insurance segment, citing factors including rising interest rates and the introduction of the Japan Insurance Capital Standard (J-ICS).

Ringgit Improves Vs Greenback Amid Progress In West Asia Peace Talks

KUALA LUMPUR, June 23 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday as peace negotiations in West Asia made progress, an analyst said.

Roda Land, Sime Darby Industrial Collaborate To Support Smarter, Sustainable Farming Operations

KUALA LUMPUR, June 22 (Bernama) -- Roda Land Sdn Bhd (Roda Land) and Sime Darby Industrial Sdn Bhd have entered into a strategic collaboration aimed at advancing agricultural mechanisation and supporting more sustainable farming operations in Malaysia through the adoption of innovative tire and wheel solutions.