Jumio Expands Digital ID Support To More Than 60 Markets

KUALA LUMPUR, June 29 (Bernama) -- Jumio has expanded support for digital IDs across more than 60 countries and territories, enabling customers to accept digital IDs when onboarding new users while supporting regulatory compliance and improving customer conversion.

Uptrend Seen On Bursa Malaysia Next Week On Stock Rotation Factor

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 27 (Bernama) -- Bursa Malaysia is expected to trade higher next week as investors continue rotating from high-growth technology stocks into blue-chip and defensive sectors amid a more cautious global market environment.

Gold Futures Expected To Trade Range-bound With Upward Bias Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, June 27 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade range-bound with a slight upward bias next week ahead of key economic data releases.

Gold Futures Snap Three-day Losing Streak To Close Higher

By Danni Haizal Danial Donald

KUALA LUMPUR, June 26 (Bernama) -- Gold futures on Bursa Malaysia Derivatives snapped a three-day losing streak to close higher on Friday, tracking firmer performance in the United States (US) COMEX market.

Bursa Malaysia Ends Slightly Higher As Late Rebound In Banking Stocks Lifts Market

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 26 (Bernama) -- Bursa Malaysia reversed earlier losses to settle slightly higher on Friday, supported by a late rebound in banking stocks that lifted the benchmark index into positive territory just minutes before the market closed, an analyst said. 

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.

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.

Kuala Lumpur Rubber Market Extends Losses, Tracking Regional Futures Decline

KUALA LUMPUR, June 25 (Bernama) -- The Kuala Lumpur rubber market ended sharply lower for the third consecutive day, tracking broad-based declines in regional rubber futures markets amid growing expectationS of improved supply availability, a dealer said.

Malaysia Strengthens Air Connectivity With China, Indonesia Via Four New Services - MAHB

KUALA LUMPUR, June 25 (Bernama) -- Malaysia strengthened its air connectivity with China and Indonesia through the launch of four new international services by Hainan Airlines, China Eastern Airlines, Wings Air and AirAsia, according to Malaysia Airports Holdings Bhd (MAHB).

Malaysia Focuses On High-value IC Design Activities To Strengthen The Semiconductor Industry

KUALA LUMPUR, June 25 (Bernama) -- The government will focus on high-value activities in integrated circuit (IC) design as part of its efforts to strengthen its semiconductor industry and accelerate the development of high-growth, high-value (HGHV) industries.

Batik Air Launches Direct Kuala Lumpur-Shanghai Service To Boost China Connectivity

KUALA LUMPUR, June 25 (Bernama) -- Batik Air has launched its new direct service between Kuala Lumpur and Shanghai, further strengthening its presence in China.

Falling Oil Prices Ease Inflation Concerns For Malaysia And Global Economy

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, June 25 (Bernama) -- Falling crude oil prices are expected to ease inflationary pressures in Malaysia and globally, reducing concerns that central banks may need to keep interest rates higher for longer, economists said.