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MIDA-GreatAsic Value Chain Programme Highlights Strategic Semiconductor Collaboration

KUALA LUMPUR, June 24 (Bernama) -- The Malaysian Investment Development Authority (MIDA) today hosted the MIDA-GreatAsic Value Chain Programme, highlighting a strategic collaboration between GreatAsic Technology Sdn Bhd and Xenith Technology (Malaysia) Sdn Bhd to strengthen Malaysia’s semiconductor design capabilities.

Malaysia FDI Jumps 41.2 Pct To RM65.9 Bln In 2025 -- DOSM

KUALA LUMPUR, June 24 (Bernama) -- Malaysia’s foreign direct investment (FDI) rose 41.2 per cent to RM65.9 billion in 2025 from RM46.7 billion a year earlier, the Department of Statistics Malaysia (DoSM) said.

Malaysia Must Develop A Growth Engine In Drones, Unmanned Aerial And Low Altitude Craft – Loke

KUALA LUMPUR, June 24 (Bernama) -- Malaysia must position itself as an active participant in the rapidly emerging low altitude economy (LAE) sector, which could potentially be the new growth engine, Transport Minister Anthony Loke said today.

Bursa Malaysia Suspends Short-selling Of XL Holdings

KUALA LUMPUR, June 24 (Bernama) -- Bursa Malaysia has suspended intraday short-selling (IDSS) on XL Holdings Bhd (XLHB) until 8.30 am tomorrow, June 25, 2026, after the stock breached the price limit.

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.

Malton Shares Up 30 Pct On AI Centre Partnership Proposal

KUALA LUMPUR, June 24 (Bernama) -- Shares of Malton Bhd rose almost 30 per cent in early trade today after it announced plans to collaborate with a United States-based NVIDIA cloud partner to establish artificial intelligence (AI) compute centres in Malaysia.

Bursa Malaysia Opens Higher On Bargain Hunting

KUALA LUMPUR, June 24 (Bernama) -- Bursa Malaysia opened higher on Wednesday, rebounding from yesterday's losses as bargain hunting in selected blue-chip stocks lifted sentiment, an analyst said.

Ringgit Opens Easier As Strong US Data Supports Dollar

KUALA LUMPUR, June 24 (Bernama) -- The ringgit opened easier against the US dollar this morning and is expected to remain range-bound ahead of the United States' Personal Consumption Expenditures (PCE) inflation report due on Thursday.

Malaysia Open To Boost Strategic Tie-Up With UAE In High-Potential Economic Sectors Including Petroleum - MITI

KUALA LUMPUR, June 23 (Bernama) -- Malaysia is always open to strengthening strategic cooperation with the United Arab Emirates (UAE) in various high-potential economic sectors including the petroleum and gas, petrochemical and logistics industries to drive trade, investment and the development of high-value industries.

Political, GE16 Speculations Not Main Factors Driving Foreign Investors' Decisions - MITI

KUALA LUMPUR, June 23 (Bernama) -- Speculations on politics and the potential 16th General Election (GE16) are not the main factors influencing foreign investors' decisions, although political stability remains an important consideration in determining investment destinations.

Malaysia Airlines Makes Temporary Adjustments To KL CAT Check-In Operations

KUALA LUMPUR, June 23 (Bernama) -- Malaysia Airlines is making temporary adjustments to its check-in operations at Kuala Lumpur City Air Terminal (KL CAT) in KL Sentral from July 1 to Dec 31, 2026, as part of its efforts to improve the travel experience for passengers.

CPO Futures Close Lower Amid Weaker Crude Oil Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, June 23 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Tuesday tracking weaker crude oil prices, according to a trader.