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.

Daicel POM Powder Enables Stick Lubricant Innovation

KUALA LUMPUR, June 18 (Bernama) -- Daicel Corporation’s High Performance Polymers Strategic Business Unit (formerly Polyplastics Co Ltd) has announced its DURAST POM fine powder has been adopted in a new stick-form lubricant developed by Japan-based Maia Co Ltd, marking a novel application for the engineering plastic material in maintenance operations.

MAG Working Closely With AirBorneo On Operational Recovery, Aircraft Availability

By Kisho Kumari Sucedaram

KUALA LUMPUR, June 18 (Bernama) --  The Malaysia Aviation Group (MAG), through its maintenance, repair and overhaul (MRO) arm, MAB Engineering Services, remains committed to supporting AirBorneo under its existing maintenance partnership as the Sarawak-owned airline works to overcome recent operational challenges.

Bursa Malaysia Rises At Open Despite Wall Street Weakness

KUALA LUMPUR, June 18 (Bernama) -- Bursa Malaysia opened higher on Thursday, underpinned by buying in selected heavyweight stocks despite weaker overnight performance on Wall Street.

Ringgit Opens Easier Against US Dollar

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 18 (Bernama) -- The ringgit opened lower against the US dollar on Thursday as sentiment turned cautious after the US Federal Reserve (Fed) adopted a hawkish tone, driving US Treasury yields higher.

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.

Agrobank To Establish Trade Facilitation, Payment Settlement Arrangements With Uzbekistan

By Siti Radziah Hamzah

TASHKENT, June 17 (Bernama) --  Agrobank is targeting to establish trade facilitation and payment settlement arrangements linking Malaysia with Uzbekistan and the wider Commonwealth of Independent States (CIS) region by year-end.

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.

ESG-Ready Malaysian Businesses Better Positioned To Penetrate EU Market, Says GRI

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, June 17 (Bernama) -- Malaysian companies equipped with strong environmental, social and governance (ESG) practices and reporting standards will likely have a distinct competitive advantage and access to business opportunities in the European Union (EU) and other international markets, a sustainability reporting expert said today.