Ringgit Rises Against Greenback, Major Currencies At Close

By Abdul Hamid A Rahman

KUALA LUMPUR, June 25 (Bernama) -- The ringgit ended firmer today, supported by easing geopolitical tensions and weaker United States (US) economic data that continued to pressure the greenback. 

Kyrgyz President Meets Malaysian Company Officials, Discusses Investment Opportunities

KUALA LUMPUR, June 25 (Bernama) -- Kyrgyz Republic President Sadyr Zhaparov today attended a meeting session with representatives of Malaysian companies to explore business cooperation and investment opportunities between the two countries.

SC Seeks Public Feedback On Proposed Sustainability Assurance Framework

KUALA LUMPUR, June 25 (Bernama) -- The Advisory Committee on Sustainability Reporting (ACSR), chaired by the Securities Commission Malaysia (SC), has published a consultation paper to seek feedback from members of the public on the proposed framework for sustainability assurance.

Bursa Malaysia Higher At Midday

KUALA LUMPUR, June 25 (Bernama) -- Bursa Malaysia ended today’s morning session firmer amid improved sentiment and risk appetite following the development of a ceasefire between Israel and Iran.

Ringgit Extends Gains As Fed Signals Rate Hold

KUALA LUMPUR, June 25 (Bernama) -- The ringgit extended its upward momentum to open higher against the US dollar and other major currencies on Wednesday, after the United States (US) Federal Reserve (Fed) signalled it was in no hurry to cut interest rates, opting instead to monitor the economy’s trajectory, an analyst said.

Bursa Rises At Open, Tracks Wall Street Rally

KUALA LUMPUR, June 25 (Bernama) -- Bursa Malaysia rebounded to open higher on Wednesday, tracking Wall Street’s overnight rally as sentiment improved amid easing Middle East tensions, an analyst said.

Electricity Tariff Restructuring Offers Greater Cost Transparency -- FMM

KUALA LUMPUR, June 24 (Bernama) -- The Federation of Malaysian Manufacturers (FMM) has welcomed the electricity tariff restructuring under the Regulatory Period 4 (RP4), describing it as a rebasing exercise that offers greater cost transparency and encourages demand-side management.

Kota MADANI Project To Begin In 3Q, Costing RM4 Bln

PUTRAJAYA, June 24 (Bernama) -- The phased development of Kota MADANI in Precinct 19, Putrajaya — a government quarters project — is set to begin in the third quarter (3Q) of this year, with an estimated total cost of RM4 billion.

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.

Businesses Must Plan For Resilience Too, Says Tunku Naquiyuddin

KUALA LUMPUR, June 24 (Bernama) -- Given the complexity of todayʼs business environment, companies must plan for not just growth, but resilience as well, said the Tunku Laksamana and former Regent of Negeri Sembilan, Tunku Datuk Seri Utama Naquiyuddin ibni Almarhum Tuanku Ja’afar.

Fadillah Urges More Uzbek Companies, Investors To Explore Malaysian Market

From Siti Radziah Hamzah

TASHKENT, June 24 (Bernama) -- Deputy Prime Minister Datuk Seri Fadillah Yusof today invited more Uzbek companies and investors to explore the Malaysian market.

World’s First Zero-Carbon Port Eyes Southeast Asia Expansion, Targets 3.2 Mln TEUs In 2025

From Kisho Kumari Sucedaram

TIANJIN, June 24 (Bernama) -- China’s Tianjin Port, recognised as the world’s first zero-carbon port, is setting its sights on expanding cargo routes to Southeast Asia as it targets to handle 3.2 million twenty-foot equivalent units (TEUs) in 2025.