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Bursa Malaysia Opens Firmer Amid Heavyweight Buying Support

KUALA LUMPUR, June 11 (Bernama) -- Bursa Malaysia opened on a firmer note on Wednesday, with the key index climbing 0.46 per cent, buoyed by buying interest in heavyweight counters and tracking Wall Street, which ended broadly higher. 

Targeted Revision Of Sales Tax Rate, Expansion Of Service Tax Scope Effective July 1, 2025

KUALA LUMPUR, June 9 (Bernama) -- The Ministry of Finance has issued a statement on the implementation of revised Sales Tax (ST) rates and expanded scope of the Service Tax effective July 1, 2025. The aim is to strengthen the country’s fiscal position by increasing revenue and broadening the tax base.

Telco Sector Tracks Estimates In 1Q, Kenanga Maintains 'Neutral' View

KUALA LUMPUR, June 9 (Bernama) -- Kenanga Investment Bank Bhd has maintained its “neutral” rating on the telecommunication (telco) sector after companies under its coverage delivered the first quarter of 2025 (1Q 2025) performance that largely tracked estimates.

Bursa Malaysia Ends In Positive Territory, Awaits US-China Trade Talks

By Harizah Hanim Mohamed

KUALA LUMPUR, June 9 (Bernama) -- Bursa Malaysia closed the trading day in positive territory, supported by investor accumulation of selective heavyweights, as market participants awaited the outcome of high-level US-China discussions.

Rubber Market Ends Mixed

KUALA LUMPUR. June 9 (Bernama) -- The Malaysian rubber market ended mixed amidst downward momentum in the Japanese rubber futures market, a dealer said.

Multiply Group Launches Multiply Media Group, Creating UAE-based OOH Powerhouse

KUALA LUMPUR, June 9 (Bernama) -- Multiply Group, the Abu Dhabi-based investment holding company, has launched Multiply Media Group (MMG), uniting the three market-leading out-of-home (OOH) companies under its portfolio to create a new media powerhouse headquartered in the United Arab Emirates (UAE).

Tealive Operator Launches 3-in-1 Range Ahead Of IPO

PUTRAJAYA, June 6 (Bernama) -- Tealive has launched into the fast-moving consumer goods segment with the launch of its 3-in-1 sachet beverage series, ahead of its planned listing on Bursa Malaysia’s Main Market.

Petronas To Cut 10 Pct Of Its Workforce – Tengku Muhammad Taufik

KUALA LUMPUR, June 6 (Bernama) -- Petroliam Nasional Bhd (Petronas) is cutting 10 per cent of its workforce to cope with challenging operating conditions, particularly due to falling crude prices.

Bursa Malaysia Lower At Opening, Tracking Wall Street Losses

By Rosemarie Khoo

KUALA LUMPUR, June 6 (Bernama) -- Bursa Malaysia opened lower today, tracking the overnight losses on Wall Street, with sentiment affected by the ongoing spat between US President Donald Trump and businessman Elon Musk.

Bursa Malaysia Rises For 2nd Straight Day On Continued Bargain Hunting

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 5 (Bernama) -- Bursa Malaysia closed higher for the second consecutive day as bargain hunting persisted after last week's sell-off, in line with the upbeat performance of regional markets, said an analyst.

Beyond Tariffs: People’s Livelihoods Must Be Central To Any Trade Negotiations

From Nor Baizura Basri

SAN FRANCISCO, June 5 (Bernama) -- It was a cold morning in San Francisco, and my stomach was growling for food. As I munched on the snacks available in my hotel room, the day had started early with the sun shining brightly before 6 am.

Bursa Malaysia Opens Higher On Bargain Hunting

By Rosemarie Khoo

KUALA LUMPUR, June 5 (Bernama) -- Bursa Malaysia opened higher today on mild bargain hunting amid the mixed overnight performance on Wall Street, analysts said.