LATEST NEWS   No reason for refined sugar price to increase because sugar refining companies such as MSM Malaysia Holdings Bhd continue to receive monthly incentives to ensure stability of supply and prices. - MOF | Sugar refiners and manufacturers may apply for tax exemption from the Royal Malaysian Customs Department – Finance Ministry | Refined white sugar will remain tax-exempt under the revised SST effective July 1 2025 -- Finance Ministry | KL High Court grants a DNAA to Najib over money laundering charges involving RM27 million from SRC International Sdn Bhd | Anwar acknowledges GST is efficient and transparent, but says it is not yet suitable to implement because the people's income threshold is still too low. | 

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Rubber Market Ends Higher

KUALA LUMPUR, June 16 (Bernama) --  The Kuala Lumpur rubber market ended higher today, in line with gains in regional rubber futures markets.

Bursa Malaysia Rebounds To Close Higher In Line With Regional Markets

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 16 (Bernama) -- Bursa Malaysia recovered its earlier losses to close marginally higher, supported by renewed optimism in the data centre segment and a sectoral rotation into defensive plays, as investors positioned cautiously amid heightened geopolitical tensions.

Bursa Malaysia Easier At Midday In Tandem With Most Regional Peers

KUALA LUMPUR, June 16 (Bernama) -- Bursa Malaysia remained easier at midday in tandem with most regional peers as traders stayed on the sidelines amid the intensifying Israel-Iran conflict, analysts said. 

BSN Micro MADANI Carnival An Initiative To Boost Malaysian Micro Entrepreneurs

KUALA LUMPUR, June 16 (Bernama) — The launch of Bank Simpanan Nasional's (BSN) Micro MADANI Carnival at Pasar Payang, Kuala Terengganu is an inclusive, community-focused initiative to empower micro-entrepreneurs and to support local economic growth.

Strait Of Hormuz A Concern, But Oil Industry Remains Stable – PM Anwar

KUALA LUMPUR, June 16 -- The Israel-Iran conflict will not necessarily hurt the oil industry or price mechanisms of the commodity, said Prime Minister Datuk Seri Anwar Ibrahim.

Global Interconnectedness Under Strain Amid Rising Geopolitical Tensions – PM Anwar

KUALA LUMPUR, June 16 (Bernama) -- Global interconnectedness is under strain due to rising uncertainties, eroding the predictability, reliability and stability of existing global trade and economic systems, said Prime Minister Datuk Seri Anwar Ibrahim.

Bursa Malaysia Opens Lower Amid Intensified Conflict In Middle East

KUALA LUMPUR, June 16 (Bernama) -- Bursa Malaysia opened lower on Monday, extending last week’s downtrend, weighed down by the broadly lower Wall Street performance amid the intensified conflict in the Middle East between Israel and Iran, said an analyst. 

Ringgit Opens Higher Against US Dollar Amid Geopolitical Tension

KUALA LUMPUR, June 16 (Bernama) -- The ringgit opened higher against the United States (US) dollar and a basket of currencies, including ASEAN currencies today, amid cautious sentiment due to escalating geopolitical risks, said an analyst.

RHB Islamic Inks 3-year MoU With MIDE Organiser To Champion Marine Conservation

KUALA LUMPUR, June 14 (Bernama) -- RHB Islamic Bank Bhd today signed a three-year memorandum of understanding (MoU) with AsiaEvents Exsic Sdn Bhd, the organiser of the Malaysia International Dive Expo (MIDE).

Rubber Market Likely To Stay Muted Amid US Tariff Uncertainty

By Zufazlin Baharuddin

KUALA LUMPUR, June 14 (Bernama) -- The local rubber market is expected to stay muted with a sideways trend leaning towards further weakness.

Bursa Malaysia To Trade At 1,500-1,530 Next Week Amid Tariffs, Middle East Tensions

By Harizah Hanim Mohamed

KUALA LUMPUR, June 14 (Bernama) -- Bursa Malaysia’s key index is set to move between 1,500 and 1,530 next week, as markets remain under pressure amid concerns over Washington’s planned unilateral tariff letters and escalating tensions following Israel’s strike on Iran.

Ringgit Expected To Trade Sideways Ahead Of Key Fed Meeting

By Siti Noor Afera Abu

KUALA LUMPUR, June 14 (Bernama) -- The ringgit is expected to trade within a narrow range next week, as investors remain cautious amid ongoing global inflation concerns, said an analyst.