LATEST NEWS   3 pm: Voter turnout in Kinabatangan by-election stands at 50.37 per cent, Lamaq at 55.16 per cent - EC | Six polling centres for Kinabatangan by-election were closed at 3 pm - EC | By-elections: Five other polling centres closed in Kinabatangan, two in Lamaq as at 2 pm - EC | Govt committed to strengthening religious schools, pondok institutions as strongholds of faith and morals of the ummah - PM Anwar  | 1 pm: Voter turnout in Kinabatangan by-election stands at 43.23 per cent, Lamag at 44.50 per cent - EC | 

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Allianz Malaysia Supports Healthcare Reforms To Promote Affordability And Insurance Sustainability

KUALA LUMPUR, June 26 (Bernama) – Allianz Malaysia Bhd fully supports systemic reforms in the healthcare sector to address rising medical costs and ensure the long-term viability of the insurance industry for the benefit of customers.

Malaysia Can Be Kyrgyz Republic's Gateway To ASEAN -- Liew Chin Tong

KUALA LUMPUR, June 25 (Bernama) -- Malaysia, which is currently the sixth largest exporter of semiconductors globally, can be Kyrgyz Republic's gateway to ASEAN, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.

Bursa Malaysia Ends Higher On Regional Gains, Middle East Optimism

By Anas Abu Hassan

KUALA LUMPUR, June 25 (Bernama) -- Bursa Malaysia ended on a positive note today with the key index rising 0.36 per cent amid renewed optimism across the board, tracking advancers in key regional markets following encouraging developments in the Middle East, an analyst said.  

Ringgit Rises Against US Dollar At The Close On Easing Tensions In Middle East

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 24 (Bernama) -- The ringgit ended higher against the US dollar, buoyed by the apparent ceasefire in the Israel-Iran conflict, said an economist.

Palm Oil Players Should Hedge, Diversify Downstream -- Economist

KUALA LUMPUR, June 24 (Bernama) -- Malaysian palm oil producers must intensify hedging efforts and expand downstream to mitigate the risk of sudden price volatility, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

PNB, PHB Must Double Efforts To Boost Bumiputera Investment Literacy -- PM Anwar

KUALA LUMPUR, June 23 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has stressed that Permodalan Nasional Bhd (PNB) and Pelaburan Hartanah Bhd (PHB) must double their efforts to raise investment literacy among the public, especially the Bumiputera community.

Ringgit Expected To Stay Defensive Due To Middle East Conflict

By Zarul Effendi Razali

KUALA LUMPUR, June 21 Bernama) -- The ringgit is expected to stay defensive within a tight range next week, as traders and investors will continue to observe the military conflict in the Middle East, said an analyst.

Bursa Malaysia Closes Mixed, CI Ekes Out Small Gain On Bargain Hunting

By Rosemarie Khoo Mohd Sani and Danni Haizal Danial Donald

KUALA LUMPUR, June 20 (Bernama) -- Bursa Malaysia ended the week mixed with the benchmark index climbing 0.08 per cent, as bargain hunting emerged following the recent sell-off, said an analyst.

Rakuten Trade Lowers FBM KLCI 2025 Target To 1,630 Amid Earnings Downgrade

KUALA LUMPUR, June 20 (Bernama) -- Rakuten Trade Sdn Bhd has revised its year-end target for the FTSE Bursa Malaysia KLCI (FBM KLCI) to 1,630 from its earlier projection of 1,730, in line with the recent downgrades in corporate earnings, said its head of research Kenny Yee Shen Pin. 

MediaDonuts Rebrands As Aleph In Malaysia And Key Asian Markets

KUALA LUMPUR, June 20 (Bernama) -- Global digital advertising firm Aleph has rebranded its Asia Pacific (APAC) entity MediaDonuts as Aleph in Malaysia and seven other key markets across the region. 

Profit Boost For Malakoff From Melaka WTE Plant - Maybank IB

KUALA LUMPUR, June 20 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) projects that Malakoff Corporation Bhd will achieve RM40 million net profit accretion per year once the Melaka waste-to-energy (WTE) facility begins contributing over the 30-year operational period.

GST Not Suitable For Implementation Yet Because Rakyat's Income Still Low - PM Anwar

PUTRAJAYA, June 20 (Bernama) -- The Goods and Services Tax (GST) is an efficient and transparent taxation system, but it is not yet suitable for re-implementation because the rakyat’s income threshold is still low, said Prime Minister Datuk Seri Anwar Ibrahim.