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MIDA Inked Five MoUs With Organisations From Four Countries In 2023-2025 -- MITI

KUALA LUMPUR, June 29 (Bernama) -- The Malaysian Investment Development Authority (MIDA) signed five foreign investment-related memoranda of understanding (MoUs) with organisations from China, Saudi Arabia, Japan, and Türkiye between 2023 and 2025.

CPO Futures Close Higher On Stronger Soybean Oil Prices

KUALA LUMPUR, June 29 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Monday, tracking the rally in soybean oil futures on the Chicago Board of Trade (CBOT).

Global Air Cargo Demand 6.0 Pct Up In May 2026 – IATA

KUALA LUMPUR, June 29 (Bernama) -- Total demand of global air cargo, measured in cargo tonne-kilometres, increased by 6.0 per cent in May 2026, compared to May 2025 levels (6.5 per cent for international operations), according to the International Air Transport Association (IATA).

Nigel Wong Re-Elected MATTA President For Second Term

KUALA LUMPUR, June 29 (Bernama) -- Nigel Wong Chun Teim has been re-elected as president of the Malaysian Association of Tour and Travel Agents (MATTA) for the 2026-2029 term, marking his second term leading the association.

REHDA Malaysia Elects Zaini Yusoff As New President For 2026-2028 Term

KUALA LUMPUR, June 29 (Bernama) -- Real Estate and Housing Developers' Association (REHDA) Malaysia has elected Datuk Zaini Yusoff as its new president for the 2026-2028 term, succeeding Datuk Ir Ho Hon Sang following the association's annual delegates conference on June 27, 2026.

REDtone Subscribes To RM13 Mln Berjaya Corporation Unit's MTNs

KUALA LUMPUR, June 29 (Bernama) -- REDtone Digital Bhd has subscribed to RM13 million worth of medium-term notes (MTNs) issued by Berjaya Corporation Bhd's subsidiary, Berjaya IPS Equity Sdn Bhd.

BProperty Eyes Stake In Perlis Maritime Corridor Project Via RM58 Mln Share Subscription

KUALA LUMPUR, June 29 (Bernama) -- Berjaya Property Bhd (BProperty) seeks to participate in the Perlis Maritime Corridor (PMC) project by subscribing to 29 per cent equity interest in Manjaran Sdn Bhd for RM58 million.

Ringgit Strengthens Against Major, Regional Currencies At The Close

By Abdul Hamid A Rahman

KUALA LUMPUR, June 29 (Bernama) -- The ringgit strengthened against major and regional currencies, supported by lower crude oil prices, which helped improve risk sentiment amid ongoing United States-Iran peace negotiations.

SC Issues Guidance Note On Sukuk To Strengthen Alignment With Maqasid Al-Shariah

KUALA LUMPUR, June 29 (Bernama) -- The Securities Commission Malaysia (SC) today issued the Guidance Note on Sukuk: An Alignment with the Maqasid Al-Shariah Guidance Islamic Capital Market Malaysia to strengthen the alignment of sukuk issuances with Maqasid al-Shariah.

Kaspersky, Digital Penang Collaborate To Boost Cybersecurity Readiness Among MSMEs

GEORGE TOWN, June 29 (Bernama) -- Global cybersecurity and digital privacy company Kaspersky and Digital Penang have entered into a strategic collaboration to strengthen digital trust among micro, small and medium enterprises (MSMEs) in Penang, supporting the state’s efforts to build a trusted and resilient digital economy.

Bursa Malaysia Pares Earlier Losses To End Slightly Lower

KUALA LUMPUR, June 29 (Bernama) -- Bursa Malaysia ended marginally lower on Monday, with the benchmark index paring its earlier losses after rebounding strongly from intraday lows amid heavy selling in the morning session.

Johor Polls To Have Limited Impact On Property Market: Juwai IQI

KUALA LUMPUR, June 29 (Bernama) --  The Johor election, expected to be held on July 11, 2026, is unlikely to affect the state's property market, although home sales may temporarily slow in the weeks leading up to polling day, according to international real estate technology group Juwai IQI.