Sustained Buying Lifts Bursa Malaysia Higher At Midday

KUALA LUMPUR, June 18 (Bernama) -- Bursa Malaysia ended higher at midday, supported by continued buying interest in heavyweights, amid mixed regional market performance.

Malaysia Eyes Broader Cooperation With Turkmenistan During Anwar's Visit

From Sharifah Hunaini Syed Ismail

ASHGABAT (TURKMENISTAN) June 18 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s visit to Turkmenistan from June 18 to 19 is highly significant as it is expected not only to create more opportunities for cooperation in the oil and gas sector but also to enhance collaboration in other industries such as transportation, logistics and agriculture between the two countries.

Anwar Thanks Putin For Russia's Support On Energy Cooperation, Petronas

By Nurul Hanis Izmir

KAZAN, June 18 (Bernama) – Prime Minister Datuk Seri Anwar Ibrahim expressed appreciation to Russian President Vladimir Putin for Russia’s support in strengthening energy cooperation with Malaysia, especially Petroliam Nasional  Bhd (Petronas).

Anwar, Putin Discuss Energy Security, Trade In Local Currencies

By Nurul Hanis Izmir

KAZAN, June 18 (Bernama) — Prime Minister Datuk Seri Anwar Ibrahim and Russian President Vladimir Putin discussed various aspects of bilateral cooperation, including the potential to strengthen ties in the energy sector, one of the strategic areas for both countries.

Malaysia To Deepen Food Trade, Agricultural Cooperation With Uzbekistan

From Siti Radziah Hamzah

TASHKENT, June 17 (Bernama) -- Malaysia is looking to deepen food trade and agricultural cooperation with Uzbekistan and the wider Central Asian region as part of efforts to diversify supply sources and strengthen long-term food security amid global geopolitical and supply chain uncertainties.

Uzbekistan Keen To Deepen Investment, Business Links With Malaysia, ASEAN

TASHKENT, June 16 (Bernama) -- Uzbekistan is keen to strengthen investment and business ties with Malaysia and other ASEAN countries, particularly in high-value-added industries, manufacturing and small and medium enterprises (SMEs).

Uzbekistan To Attract More FDIs Through Improvements In Investment Climate - President

TASHKENT, June 17 (Bernama) -- Uzbekistan is looking to lure more foreign direct investments (FDIs) as the country implements systemic measures to improve its investment climate, including the establishment of the Tashkent International Financial Centre (TIFC) and expanded privatisation initiatives.

Finalisation Of ASEAN-Russia Trade Roadmap A Good Start, Enabling Environment Crucial - Anwar

From Nurul Hanis Izmir

KAZAN, June 17 (Bernama) — Finalisation of the ASEAN-Russia Strategic Programme on Trade and Investment Cooperation 2026-2035 is a shot in the arm for the next leap in economic ties, but an enabling environment is key to turning them into reality, Prime Minister Datuk Seri Anwar Ibrahim said today.

Indian Firms Invest Over US$3 Bln In Malaysia, Create 30,000 Jobs - CIIM

KUALA LUMPUR, June 17 (Bernama) -- Indian companies have invested more than US$3 billion (US$1 = RM4.06) in Malaysia and created over 30,000 direct jobs, reflecting the strong economic partnership between Malaysia and India, according to the Consortium of Indian Industries in Malaysia (CIIM).

Interest Rate Normalisation In Japan Seen As Having Greater Impact On Asia Than Europe

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 17 (Bernama) -- The Bank of Japan’s (BOJ) ongoing policy normalisation is likely to have a greater impact on Asian financial markets than the European Central Bank’s (ECB) higher-for-longer interest rate stance.

Uzbekistan Enhancing Islamic Finance Regulatory Framework With INCEIF University's Assistance

From Siti Radziah Hamzah

TASHKENT, June 16 (Bernama) -- Uzbekistan is strengthening its Islamic finance regulatory framework by engaging experts from Malaysia's INCEIF University in areas such as sukuk securities, Islamic finance licensing, Shariah governance, and a comprehensive regulatory ecosystem as part of the third stage of its industry development.

Beshom Unit To Dispose Of Kapar Industrial Land For RM85.8 Mln

KUALA LUMPUR, June 16 (Bernama) -- Beshom Holdings Bhd’s wholly-owned subsidiary, Hai-O Enterprise Bhd, has entered into a sale and purchase agreement with JT Development Sdn Bhd for the proposed disposal of three plots of freehold industrial land for a cash consideration of RM85.80 million.