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.

Kuala Lumpur Rubber Market Extends Losses, Tracking Regional Futures Decline

KUALA LUMPUR, June 25 (Bernama) -- The Kuala Lumpur rubber market ended sharply lower for the third consecutive day, tracking broad-based declines in regional rubber futures markets amid growing expectationS of improved supply availability, a dealer 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).

Malaysia Focuses On High-value IC Design Activities To Strengthen The Semiconductor Industry

KUALA LUMPUR, June 25 (Bernama) -- The government will focus on high-value activities in integrated circuit (IC) design as part of its efforts to strengthen its semiconductor industry and accelerate the development of high-growth, high-value (HGHV) industries.

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.

Batik Air Launches Direct Kuala Lumpur-Shanghai Service To Boost China Connectivity

KUALA LUMPUR, June 25 (Bernama) -- Batik Air has launched its new direct service between Kuala Lumpur and Shanghai, further strengthening its presence in China.

Falling Oil Prices Ease Inflation Concerns For Malaysia And Global Economy

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, June 25 (Bernama) -- Falling crude oil prices are expected to ease inflationary pressures in Malaysia and globally, reducing concerns that central banks may need to keep interest rates higher for longer, economists said.

Development Of Low Altitude Economy Sector To Benefit Local Aerospace Industry -- Sim

SERDANG, June 25 (Bernama) -- The development of the low altitude economy (LAE) sector is expected to generate spillover effects on the local aerospace industry’s supply chain when maintenance, repair and overhaul (MRO) companies and critical component manufacturers obtain supplies from local suppliers.

Fewer Than One Pct Of RON95 Users Exceed 200-litre Monthly Quota - Amir Hamzah

KUALA LUMPUR, June 25 (Bernama) -- Fewer than one per cent of the 14 million users registered under the BUDI MADANI RON95 (BUDI95) programme consume more than the 200-litre monthly quota, Finance Minister II Datuk Seri Amir Hamzah Azizan said.

Abaxx Exchange Adds Yongan International SG As Clearing, Trading Member  

KUALA LUMPUR, June 25 (Bernama) -- Abaxx Technologies Inc (Abaxx) announced that Yongan International Financial (Singapore) Pte Ltd (Yongan International SG) will begin offering trading and clearing access to clients on Abaxx Exchange from June 29.

Malaysia Targets Up To 20 Pct Aerospace Growth This Year -- Sim

SERDANG, June 25 (Bernama) -- Malaysia aims to achieve a 15-20 per cent revenue growth for its aerospace industry this year, driven by rising global demand for aircraft and the continued expansion of the industry's supply chain.

Bursa Malaysia Opens Higher, Extends Gains On Bargain Hunting

By Rosemarie Khoo

KUALA LUMPUR, June 25 (Bernama) -- Bursa Malaysia extended gains at Thursday’s open, supported by bargain hunting in utilities and telecommunications stocks.