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Buying In Consumer Stocks Helps Bursa Malaysia Close Slightly Higher

By Siti Noor Afera Abu

KUALA LUMPUR, June 18 (Bernama) -- Bursa Malaysia’s key index finished marginally higher, supported by strong buying interest in consumer-related counters, amid mixed performance across regional markets.

iFAST Global Bank Launches QR Payment Cashback Promotion

KUALA LUMPUR, June 18 (Bernama) -- iFAST Global Bank is offering a limited-time cashback promotion to encourage the use of its Worldwide Scan & Pay service, rewarding customers with one per cent cashback on eligible QR code payments made locally and overseas.

Capital Market Can Bridge SME Financing Gap For R&D, Expansion -- Bursa Malaysia

GEORGE TOWN, June 18 (Bernama) -- Small and medium enterprises (SMEs) should consider tapping the capital market to finance research and development (R&D) and business expansion that may not be fully supported through conventional bank financing, said Bursa Malaysia Bhd.

Johor Launches JETP Covering 83 Investment Projects Worth RM167.4 Billion By 2030

JOHOR BAHRU, June 18 (Bernama) -- The state government launched the Johor Economic Transformation Plan (JETP) by identifying 83 investment projects across eight priority industries, which are expected to contribute investments worth RM167.4 billion.

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.

Titanbay Names Marcel Rohner Non-Executive Director

KUALA LUMPUR, June 18 (Bernama) -- Titanbay has appointed Marcel Rohner, vicechairman of Union Bancaire Privée (UBP), chairman of the Swiss Bankers Association and former group chief executive of UBS, as a non-executive director on its group board.

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.

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.

Interest Rate Normalisation In Japan Seen As Having Greater Impact On Asia Than Europe

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 17 (Bernama) -- The Bank of Japan’s (BOJ) ongoing policy normalisation is likely to have a greater impact on Asian financial markets than the European Central Bank’s (ECB) higher-for-longer interest rate stance.

Uzbekistan Enhancing Islamic Finance Regulatory Framework With INCEIF University's Assistance

From Siti Radziah Hamzah

TASHKENT, June 16 (Bernama) -- Uzbekistan is strengthening its Islamic finance regulatory framework by engaging experts from Malaysia's INCEIF University in areas such as sukuk securities, Islamic finance licensing, Shariah governance, and a comprehensive regulatory ecosystem as part of the third stage of its industry development.

MIGHT, UNIDO Launch Sustainable Cities Programme In Selangor

KUALA LUMPUR, June 16 (Bernama) -- The Malaysian Industry-Government Group for High Technology (MIGHT), in collaboration with the United Nations Industrial Development Organisation (UNIDO), has launched the GEF-8 Sustainable Cities Integrated Programme (SCIP) in Selangor.

Beshom Unit To Dispose Of Kapar Industrial Land For RM85.8 Mln

KUALA LUMPUR, June 16 (Bernama) -- Beshom Holdings Bhd’s wholly-owned subsidiary, Hai-O Enterprise Bhd, has entered into a sale and purchase agreement with JT Development Sdn Bhd for the proposed disposal of three plots of freehold industrial land for a cash consideration of RM85.80 million.