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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.

AI-Powered Elsa Corp Enters Malaysia's English Proficiency Market

KUALA LUMPUR, June 26 (Bernama) -- San Francisco-based Elsa Corp has entered the English proficiency market in Malaysia by appointing K-Pintar Sdn Bhd and Cedar Tech Training Sdn Bhd as its authorised partners in the country to help organisations improve workplace English communication performance.

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.

Enest Group Eyes RM15.11 Mln IPO Proceeds To Repay Debt, Fund Operations

KUALA LUMPUR, June 26 (Bernama) -- LEAP Market-listed Enest Group Bhd aims to raise RM15.11 million from its initial public offering (IPO) as part of its transfer to the ACE Market of Bursa Malaysia Securities Bhd.

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. 

Aeronas Aerocraft Secures Orders From Hong Kong Worth RM357 Mln

SERDANG, June 26 (Bernama) -- Malaysian light aircraft manufacturer Aeronas Aerocraft Sdn Bhd has secured an order for 50 light aircraft worth US$85 million (RM357 million) from Hong Kong-based Consortium Wholechoice.

MAA Hopes Govt Will Extend Additional 100-litre Subsidised Diesel To MPV Owners

KUALA LUMPUR, June 26 (Bernama) -- The Malaysian Automotive Association (MAA) hopes the government will consider extending the application for the additional 100 litres of subsidised diesel to multi-purpose vehicle (MPV) owners.

MPOA Appoints Mohd Haris As Chairman For 2026-2028 Term

KUALA LUMPUR, June 26 (Bernama) -- The Malaysian Palm Oil Association (MPOA) has appointed Mohd Haris Mohd Arshad as its new chairman for the 2026-2028 term, succeeding Datuk Lee Yeow Chor, who held the role for the last six years.

KLCI Futures Open Higher

KUALA LUMPUR, June 26 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract opened higher on Bursa Malaysia Derivatives on Friday, mirroring gains in the underlying cash market.

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.

Ringgit Opens Marginally Lower As Strong US GDP Supports Dollar

KUALA LUMPUR, June 26 (Bernama) -- The ringgit opened marginally lower against the US dollar on Friday as stronger-than-expected US economic data boosted the greenback.

RM185 Mln R&D programme To Commercialise packaging Technology - MOSTI

KUALA LUMPUR, June 26 (Bernama) — A research, development, innovation, commercialisation and economy (RDICE) programme worth RM185 million has been launched to strengthen Malaysia's capabilities in advanced packaging technology.