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.

Yinson Well-positioned To Benefit From Offshore Investment Upswing

KUALA LUMPUR, June 26 (Bernama) -- Yinson Holdings Bhd is well-positioned to capitalise on a potential upcycle in upstream offshore investments, particularly within the floating production, storage and offloading (FPSO) segment. 

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.

Gamuda Up On RM52.3 Bln Order Book, Strong FY2027 Outlook

KUALA LUMPUR, June 26 (Bernama) -- Heavyweight Gamuda Bhd's shares traded higher in early trade on Friday after recording improved third quarter financial year 2026 (3Q FY2026) results and an outstanding order book of RM52.3 billion as at April 2026.

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.

ASNB Declares 5.5 Sen Per Unit Income Distribution For ASB 3 Didik

KUALA LUMPUR, June 25 (Bernama) -- Amanah Saham Nasional Bhd (ASNB) has declared an income distribution of 5.50 sen per unit for its fixed-price fund, Amanah Saham Bumiputera 3 Didik (ASB 3 Didik), for the financial year ending June 30, 2026.

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.

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.

NIKE Appoints David Denton As CFO

KUALA LUMPUR, June 24 (Bernama) -- NIKE Inc has appointed David M. Denton as Executive Vice President (EVP) and Chief Financial Officer (CFO), effective Aug 17, as the company continues to advance its growth strategy and operational priorities under President and Chief Executive Officer, Elliott Hill.

UWC Among Top Gainers, Analysts Lift Target Prices On Robust Semiconductor Demand

KUALA LUMPUR, June 24 (Bernama) -- UWC Bhd was among the top gainers on Bursa Malaysia today, up by more than four per cent in early trade after its third-quarter financial year 2026 (3Q FY2026) results came in line with expectations.

Paragon Globe Unit To Dispose Of Tanjung Kupang Land For RM398.11 Mln

KUALA LUMPUR, June 23 (Bernama) -- Paragon Globe Bhd’s (PGB) wholly-owned subsidiary, PGB Landmark Sdn Bhd, has proposed to dispose of two parcels of freehold land in Tanjung Kupang, Johor, for RM398.11 million to Dayone Data Centers Malaysia III Sdn Bhd.

Teraju Approves Nearly RM134 Mln Financing For 143 Bumiputera Firms In Northern Corridor

BUTTERWORTH, June 23 (Bernama) -- The Bumiputera Agenda Steering Unit (TERAJU) approved nearly RM134 million in financing for 143 Bumiputera companies in the Northern Corridor Economic Region (NCER) in the period from Dec 1, 2024 to May 31, 2026.