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Digital Payment Provider Paydibs Eyes Southeast Asia, South Asia Expansion

By Fatin Umairah Abdul Hamid

 

KUALA LUMPUR, June 30 (Bernama) -- Homegrown Malaysian fintech company Paydibs Sdn Bhd is expanding into Southeast Asia and South Asia, with plans to enter Thailand, Indonesia and the Philippines by the end of this year, said its chief executive officer Tee Kean Kang.

EMGA Closes US$15 Mln Senior Debt Facility For CDB In Sri Lanka

KUALA LUMPUR, June 30 (Bernama) -- Emerging Markets Global Advisory LLP (EMGA) has closed a US$15 million senior debt facility for Citizens Development Business Finance PLC (CDB), marking a milestone in strengthening Sri Lanka’s financial sector and supporting sustainable growth. (US$1=RM4.06)

Ringgit Higher Against Greenback In Early Trade, Tracks Weaker US Dollar Index

KUALA LUMPUR, June 30 (Bernama) -- The ringgit was higher against the US dollar in the early session today, tracking a weaker US dollar index (DXY) as traders positioned ahead of key US labour market and consumer confidence data.

Subsidy Rationalisation To Safeguard MSME Margins, Malaysia's Competitiveness - MITI

KUALA LUMPUR, June 29 (Bernama) -- Subsidy rationalisation can help safeguard the profit margins of micro, small and medium enterprises (MSMEs) and preserve Malaysia’s competitiveness if implemented gradually, in a targeted manner and accompanied by comprehensive support measures.

MITI, MIDA Approve RM774.4 Bln In Manufacturing Investments Between 2020 And 2025

KUALA LUMPUR, June 29 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI), together with its agency, the Malaysian Investment Development Authority (MIDA), approved 5,899 manufacturing investment projects worth RM774.4 billion between 2020 and 2025, with the potential to create 502,493 new jobs.

Ringgit Strengthens Against Major, Regional Currencies At The Close

By Abdul Hamid A Rahman

KUALA LUMPUR, June 29 (Bernama) -- The ringgit strengthened against major and regional currencies, supported by lower crude oil prices, which helped improve risk sentiment amid ongoing United States-Iran peace negotiations.

SC Issues Guidance Note On Sukuk To Strengthen Alignment With Maqasid Al-Shariah

KUALA LUMPUR, June 29 (Bernama) -- The Securities Commission Malaysia (SC) today issued the Guidance Note on Sukuk: An Alignment with the Maqasid Al-Shariah Guidance Islamic Capital Market Malaysia to strengthen the alignment of sukuk issuances with Maqasid al-Shariah.

Kaspersky, Digital Penang Collaborate To Boost Cybersecurity Readiness Among MSMEs

GEORGE TOWN, June 29 (Bernama) -- Global cybersecurity and digital privacy company Kaspersky and Digital Penang have entered into a strategic collaboration to strengthen digital trust among micro, small and medium enterprises (MSMEs) in Penang, supporting the state’s efforts to build a trusted and resilient digital economy.

Bursa Malaysia Pares Earlier Losses To End Slightly Lower

KUALA LUMPUR, June 29 (Bernama) -- Bursa Malaysia ended marginally lower on Monday, with the benchmark index paring its earlier losses after rebounding strongly from intraday lows amid heavy selling in the morning session.

Johor Polls To Have Limited Impact On Property Market: Juwai IQI

KUALA LUMPUR, June 29 (Bernama) --  The Johor election, expected to be held on July 11, 2026, is unlikely to affect the state's property market, although home sales may temporarily slow in the weeks leading up to polling day, according to international real estate technology group Juwai IQI.

Rubber Market Ends Lower On Weaker Regional Futures

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, June 29 (Bernama) -- The Kuala Lumpur rubber market ended lower on Monday, weighed down by regional rubber futures.

Fully Liberalised Gas Market Needed To Boost Competition, Investment-- MGA President

By Harizah Hanim Mohamed

KUALA LUMPUR, June 29 (Bernama) -- A fully liberalised gas market based on a willing seller-willing buyer principle, coupled with the removal of the gas price cap, is needed to attract more international players and spur a more competitive industry, said Malaysia Gas Association (MGA) president Abdul Aziz Othman.