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MPOB Expects CPO Prices To Remain Strong At RM4,000-RM4,300 A Tonne This Year

BANGI, June 30 (Bernama) -- The Malaysian Palm Oil Board (MPOB) expects the average price of crude palm oil (CPO) to remain strong at between RM4,000 and RM4,300 per tonne this year, supported by current global petroleum prices.

BNM: Malaysia's Official Reserve Assets At US$130.63 Bln At End-May 2026

KUALA LUMPUR, June 30 (Bernama) -- Malaysia’s official reserve assets amounted to US$130.63 billion at the end of May 2026, compared with US$129.73 billion at the end of April 2026.

Bursa Malaysia Ends Morning Session Marginally Higher

KUALA LUMPUR, June 30 (Bernama) --  Bursa Malaysia ended the morning trading session slightly higher, supported by continued buying interest in selected heavyweight counters, particularly in the financial, utilities, and industrial products and services sectors.

ACE Market Debutant Liftech Eyes Growth In Chip, Aerospace Sectors

KUALA LUMPUR, June 30 (Bernama) -- ACE Market debutant Liftech Group Bhd is eyeing growth opportunities in Malaysia's expanding semiconductor, aerospace, and data centre sectors as the country continues to attract investment in advanced manufacturing and digital infrastructure.

A2RL To Make International Racing Debut In Italy 

KUALA LUMPUR, June 30 (Bernama) -- The Abu Dhabi Autonomous Racing League (A2RL) will make its international racing debut at Italy's Imola Circuit on Sept 5, marking the first overseas event for the autonomous motorsport championship.

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)

Bursa Malaysia Opens Marginally Higher

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 30 (Bernama) -- Bursa Malaysia opened marginally higher on Tuesday, tracking Wall Street’s overnight gains as investor sentiment was lifted by the continued pause in military strikes between the US and Iran.

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.

CPO Futures Close Higher On Stronger Soybean Oil Prices

KUALA LUMPUR, June 29 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Monday, tracking the rally in soybean oil futures on the Chicago Board of Trade (CBOT).

Nigel Wong Re-Elected MATTA President For Second Term

KUALA LUMPUR, June 29 (Bernama) -- Nigel Wong Chun Teim has been re-elected as president of the Malaysian Association of Tour and Travel Agents (MATTA) for the 2026-2029 term, marking his second term leading the association.

REHDA Malaysia Elects Zaini Yusoff As New President For 2026-2028 Term

KUALA LUMPUR, June 29 (Bernama) -- Real Estate and Housing Developers' Association (REHDA) Malaysia has elected Datuk Zaini Yusoff as its new president for the 2026-2028 term, succeeding Datuk Ir Ho Hon Sang following the association's annual delegates conference on June 27, 2026.