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Alliance Bank Launches RM2 Million BizSmart Challenge Accelerator Edition 2026

KUALA LUMPUR, June 22 (Bernama) -- Alliance Bank Malaysia Bhd has launched the BizSmart® Challenge Accelerator Edition 2026, offering prizes worth up to RM2 million to accelerate the next group of high-potential small and medium enterprises (SMEs) and startups in the country.

AirAsia X Reviewing Fares Weekly, Signals More Price Cuts As Fuel Costs Fall

KUALA LUMPUR, June 22 (Bernama) -- AirAsia X Bhd expects to gradually lower airfares following the recent decline in jet fuel prices, while restoring capacity that had been reduced during the surge in fuel prices caused by the conflict in West Asia. 

RM319.8 Mln Net Inflows From Technology, Industrial, Financial Sectors - MBSB IB

KUALA LUMPUR, June 22 (Bernama) -- Technology, industrial products and services, as well as financial services sectors, have attracted a combined net inflow of RM319.8 million last week, according to MBSB Investment Bank Bhd (MBSB IB).

Gold Futures Expected To Remain Volatile Ahead Of Key US Inflation Data

KUALA LUMPUR, June 20 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to remain volatile next week as investors await the release of the core personal consumption expenditures (core PCE) price index for clues on the US Federal Reserve's (Fed) interest rate trajectory.

Rubber Market Likely To Trade Sideways With Slight Downward Bias Next Week

KUALA LUMPUR, June 20 (Bernama) -- The Malaysian rubber market is expected to trade sideways with a slight downward bias next week as easing geopolitical tensions and mixed supply conditions shape sentiment, said industry expert Denis Low.

AM Best Affirms Hyundai Marine & Fire Insurance Credit Ratings

KUALA LUMPUR, June 19 (Bernama) -- AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of South Korea’s Hyundai Marine & Fire Insurance Co Ltd (HMF), with a stable outlook.

Russia Guarantees Long-term Petroleum, Oil And Gas Supplies To Malaysia -- PM Anwar

From Nurul Hanis Izmir

KAZAN, June 18 (Bernama) -- Russia has agreed to guarantee long-term supplies of petrol, oil and gas to Malaysia, said Prime Minister Datuk Seri Anwar Ibrahim.

Malaysia Must Move Beyond Low-Cost Model To Support Higher Wages -- Sim

GEORGE TOWN, June 18 (Bernama) -- Malaysia can no longer rely on low prices as a competitive advantage, as the low-cost business model also limits the ability of small and medium enterprises (SMEs) to offer higher wages, said Entrepreneur Development and Cooperatives Minister Steven Sim Chee Keong.

Oil Prices To Retain US$5-US$10 Risk Premium Per Barrel Despite US-Iran MoU -- Rystad Energy

KUALA LUMPUR, June 16 (Bernama) -- Crude oil prices are expected to retain a residual geopolitical risk premium of between US$5 and US$10 per barrel despite the virtual signing of the United States (US)-Iran memorandum of understanding (MoU), said Rystad Energy.

Boomi Study Finds Data Gaps Threaten AI Returns In APAC 

KUALA LUMPUR, June 16 (Bernama) -- Boomi, the data activation company for artificial intelligence (AI), announced new research conducted by Omdia found that many organisations across Asia Pacific (APAC) lack the data foundations needed to generate measurable returns from AI investments despite rapid adoption of the technology.

Affin Hwang Investment Bank Launches ELIs To Help Investors Navigate Market Volatility

KUALA LUMPUR, June 16 (Bernama) -- Affin Hwang Investment Bank Bhd today launched Equity-Linked Investments (ELIs) to provide investors customised exposure to a broad range of underlying assets while supporting diverse market and risk-return objectives amid ongoing global uncertainties.

Timor-Leste Invites Malaysian Investors To Tap Infrastructure Opportunities

PETALING JAYA, June 15 (Bernama) -- Timor-Leste is inviting Malaysian investors to explore investment opportunities and secure project contracts in the country as it embarks on extensive infrastructure development, said President José Ramos-Horta.