MADANI Economic Reform Agenda Yielding Results

PUTRAJAYA, June 20 (Bernama) – The MADANI economic reform agenda has yielded results, said Prime Minister Datuk Seri Anwar Ibrahim.

Financial Stocks Lift Bursa Malaysia Slightly Higher At Midday

KUALA LUMPUR, June 20 (Bernama) -- Bursa Malaysia ended the morning session slightly higher as buying support in selected heavyweights led by financial stocks lifted the benchmark index, analysts said.

SST Expansion To Have Limited Direct Impact On GDP, Inflation -- RHB IB

KUALA LUMPUR, June 20 (Bernama) -- The Sales and Service Tax (SST) expansion is expected to have a limited direct impact on gross domestic product (GDP) and inflation, as it primarily targets discretionary items and selected service sectors, according to RHB Investment Bank Bhd (RHB IB).

Bursa Malaysia Opens Marginally Lower In Absence Of Catalyst

KUALA LUMPUR, June 20 (Bernama) -- Bursa Malaysia opened marginally lower in the absence of new catalyst, coupled with the closure of Wall Street on June 19, an analyst said.

Bank Islam Unveils IFiRST To Help Companies Adopt Sustainable Practices

KUALA LUMPUR, June 19 (Bernama) -- Bank Islam Malaysia Bhd (BIMB) has unveiled IHSAN Financing for Business Resilience, Sustainability and Green Transition (IFiRST) to empower businesses, particularly small and medium enterprises and mid-tier companies, in adopting more sustainable and resilient practices.

Empowering Financial Instruments For National Development - Academician

KUALA LUMPUR, June 19 (Bernama) -- In addition to zakat, the Islamic financial system has several methods of collecting public wealth for use in purposes determined by Islamic law, according to a lecturer at a local university.

Theta, Agmo Tie Up To Drive AI Deployment In Public Sector

KUALA LUMPUR, June 19 (Bernama) -- Theta Edge Bhd and Agmo Holdings Bhd have formed a joint venture company (JVco) to accelerate the commercialisation of disruptive technologies, including artificial intelligence (AI), with an initial focus on driving transformation in the public sector.

Ringgit Extends Downtrend Against US Dollar

By Zarul Effendi Razali

KUALA LUMPUR, June 19 (Bernama) -- The ringgit continued to end lower against the greenback on Thursday, weighed down by emerging concerns over the global financial outlook, a dealer said.

Bursa Malaysia Closes Lower In Sync With Regional Markets

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 19 (Bernama) -- Bursa Malaysia closed lower in tandem with the weak performance across the region, said an analyst.

Malaysia Well-positioned To Develop Islamic Finance Market Space - Affin Bank

By Suraidah Roslan

KUALA LUMPUR, June 19 (Bernama) -- Malaysia is well-positioned to develop the Islamic finance market space and be a hub for liquidity pooling, supported by growing demand in Islamic secure funding, said Affin Bank executive director of group treasury Hanif Ghulam.

Jumio Unveils Advanced Biometric Solution For Enhanced Digital Identity Fraud Detection

KUALA LUMPUR, June 19 (Bernama) -- Jumio, a leader in artificial intelligence (AI)-powered identity intelligence, has announced the general availability of its most advanced biometric liveness detection solution to date, Jumio Liveness Premium with advanced deepfake detection.

Bursa Malaysia Lower At Midday On Lack Of Positive Sentiment

KUALA LUMPUR, June 19 (Bernama) -- Bursa Malaysia extended its downtrend to close the morning session lower at midday as profit-taking continued amidst a lack of positive market sentiment, analysts said.