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Reinvestment Allowance: MITI To Convey Industry Players' Feedback To MoF

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.

Moneysave, Labuan Chamber Of Commerce Ink MoU For RM200 Mln SME Financing Initiative

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.

Workforce Investment, Diversification Key To Withstanding Industry Crises -- MAG

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.

Bursa Malaysia Trends Lower At Midday Due To Profit-taking

KUALA LUMPUR, June 26 (Bernama) -- Bursa Malaysia trended lower at midday, weighed down by profit-taking, mainly led by the property and healthcare stocks. 

Zenix Aerospace Upeca Strengthens Capabilities To Support Global Supply Chain, Backs Malaysia's Ambitions

By Siti Noor Afera Abu

KUALA LUMPUR, June 26 (Bernama) -- Zenix Aerospace Upeca is strengthening its manufacturing capabilities, digitalisation efforts and workforce development as part of its long-term strategy to help elevate Malaysia’s position in the global aerospace value chain and drive sustainable industry growth.

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.

Collaborations Between Local Companies, MNCS Can Strengthen Malaysian Brands

KUALA LUMPUR, June 25 (Bernama) -- Collaboration between local companies and multinational corporations (MNCs) can serve as a good model to strengthen Malaysian brands and move the country beyond merely being a manufacturing base, said Entrepreneur and Cooperatives Development Minister Steven Sim.

Bursa Malaysia Succumbs To Selling Pressure To End Lower

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.

Malaysia Strengthens Air Connectivity With China, Indonesia Via Four New Services - MAHB

KUALA LUMPUR, June 25 (Bernama) -- Malaysia strengthened its air connectivity with China and Indonesia through the launch of four new international services by Hainan Airlines, China Eastern Airlines, Wings Air and AirAsia, according to Malaysia Airports Holdings Bhd (MAHB).

Bursa Malaysia Ends Morning Session In Negative Territory

KUALA LUMPUR, June 25 (Bernama) -- Bursa Malaysia remained in negative territory at midday today as investors took profit while staying cautious amid the lack of fresh market catalysts, analysts said.

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.

ICDM, MICG Merge Governance Mandates

KUALA LUMPUR, June 25 (Bernama) -- The Institute of Corporate Directors Malaysia (ICDM) and the Malaysian Institute of Corporate Governance (MICG) said they have consolidated their mandates to create a unified platform for corporate governance and director development in Malaysia.