RHB Investment Sees Strong Malaysia Export Outlook In 2026 On E&E Demand

KUALA LUMPUR, June 19 (Bernama) -- RHB Investment Bank Bhd remains positive on Malaysia's export prospects for 2026, citing resilient external demand and sustained momentum in the electrical and electronics (E&E) sector, driven by the technology upcycle and artificial intelligence (AI)-related investments.

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, June 19 (Bernama) -- Bursa Malaysia ended the morning trading session lower, weighed down by selling in heavyweight stocks, led by the financial services sector.

CIMB Introduces 'First Car Solution' Financing Package

KUALA LUMPUR, June 19 (Bernama) -- CIMB Bank Bhd is offering first-time car buyers a financing package that includes competitive financing rates, insurance or takaful protection, and CIMB credit cards, known as the "First Car Solution" programme.

Bank Rakyat Issues RM300 Mln Tier-2 Subordinated Sukuk Issuance

KUALA LUMPUR, June 19 (Bernama) -- Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) has issued a RM300 million tier-2 subordinated sukuk Murabahah via a special purpose vehicle, Mumtaz Rakyat Sukuk Bhd.

WCT Shares Rise After Securing RM529 Mln Abu Dhabi Contract

KUALA LUMPUR, June 19 (Bernama) -- WCT Holdings Bhd’s shares rose on Friday after securing a sub-contract worth RM528.99 million for the construction of a commercial and residential development in Abu Dhabi, the United Arab Emirates (UAE).

Malaysia's Competitiveness Ranking Surge Signals Stronger Economic Fundamentals - Economists

By Rosemarie Khoo

KUALA LUMPUR, June 19 (Bernama) -- Malaysia's improved standing in the International Institute for Management Development (IMD) 2026 World Competitiveness Ranking reflects the country’s strengthening economic fundamentals.

Bursa Malaysia Opens Lower On Profit-taking

KUALA LUMPUR, June 19 (Bernama) -- Bursa Malaysia opened lower on Friday as mild profit-taking in key index-linked counters weighed on early trade, despite overnight gains on Wall Street.

Ringgit Opens Higher Against US Dollar

KUALA LUMPUR, June 19 (Bernama) -- The ringgit opened higher against the US dollar today, recovering from yesterday's sharp decline amid cautious market sentiment following the US Federal Reserve's (Fed) latest policy decision.

Malaysia To 'Seriously' Look Into Expanding Settling Foreign Trade Payments In Local Currencies -- Anwar

KUALA LUMPUR, June 18 (Bernama) -- Malaysia will “seriously” explore using local currencies with trading partners to mitigate volatile foreign exchange risks, Prime Minister Datuk Seri Anwar Ibrahim said.

AI Boom Opens Growth Avenues For Penang SMEs - MSIA

GEORGE TOWN, June 18 (Bernama) -- The artificial intelligence (AI) boom is opening significant growth opportunities for Penang’s small and medium enterprises (SMEs), particularly those supporting the semiconductor value chain, according to the Malaysia Semiconductor Industry Association (MSIA).

ACE Market-bound RT Pastry's IPO Oversubscribed By 59.96 Times

KUALA LUMPUR, June 18 (Bernama) -- RT Pastry Holdings Bhd’s initial public offering (IPO) shares made available to the Malaysian public have been oversubscribed by 59.96 times ahead of its scheduled listing on the ACE Market of Bursa Malaysia on June 29.

Aizo's Unit Secures RM346.19 Mln Islamic Financing Facilities To Support Solar Project In Kampar 

KUALA LUMPUR, June 18 (Bernama) -- Aizo Group Bhd’s subsidiary, Wawasan Demi Sdn Bhd, has secured Islamic financing facilities of up to RM346.19 million from Bank Pembangunan Malaysia Bhd (BPMB).