Rubber Market Ends Lower On Weak Regional Cues, Middle East Tensions

By K. Naveen Prabu

KUALA LUMPUR, June 23 (Bernama) -- The Malaysian rubber market ended lower today, weighed down by weaker cues from regional rubber markets, said a dealer.

From Rivalry To Realignment, China Shifts To Seek Better Fortunes Amid Trade Friction With US

From Kisho Kumari Sucedaram

BEIJING, June 23 (Bernama) – Rather than being fixated on its trade dispute with the United States (US), China is refocusing its efforts towards bolstering ties with non-confrontational partners, including developing nations, to boost trade and investments.

Chorsu Bazaar: The Beating Heart Of Tashkent

From Siti Radziah Hamzah

TASHKENT, June 23 (Bernama) -- “Malaysia, Malaysia! Come here, I will give you a discount!” – such was the enthusiastic greeting echoing from nearly every tea, nuts and spice stall on the upper floor of Chorsu Bazaar, one of Tashkent’s most iconic and historic markets.

Tehran: A Melting Pot Of History And Culture That Should Be Cherished, Not Shelled

By Zarul Effendi Razali

KUALA LUMPUR, June 22 (Bernama) -- It is indeed a sad state of affairs to note that the calm and peaceful Tehran I saw during a visit to Iran just last April has shockingly been shattered and turned into a war zone overnight. 

Malaysia Optimistic About Boosting Bilateral Trade With Uzbekistan

TASHKENT, June 21 (Bernama) -- Malaysia is optimistic about a potential increase in bilateral trade with Uzbekistan, as both countries work to deepen cooperation in new areas such as halal certification, Islamic finance, tourism, and green technology.

Gold Futures To Remain Range-Bound Next Week

By Zarul Effendi Razali

KUALA LUMPUR, June 21 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to remain range-bound in the near term in the absence of major developments, while remaining cautious of any signs of deterioration in Middle East stability.

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.

Ringgit Rebounds To End Higher Against US Dollar

By Zarul Effendi Razali

KUALA LUMPUR, June 20 (Bernama) -- The ringgit rebounded from yesterday’s losses to end higher against the US dollar on Friday, as the latest developments on the Iran-Israel war sparked some buying interest in emerging currencies, a dealer said.

Rubber Market Ends Lower Following Oil Price Drop

By Abdul Hamid A Rahman and K Naveen Prabu

KUALA LUMPUR, June 20 (Bernama) -- The Malaysian rubber market ended lower today in tandem with the downtrend in the regional rubber futures markets, a dealer said.

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.

Empowering Financial Instruments For National Development - Academician

KUALA LUMPUR, June 19 (Bernama) -- In addition to zakat, the Islamic financial system has several methods of collecting public wealth for use in purposes determined by Islamic law, according to a lecturer at a local university.