LATEST NEWS   No elements of bullying in the case of the form four student who passed away at a school in Seremban - MOE | PM Anwar, Turkmenistan President Serdar Berdimuhamedov witnessed the signing of a strategic cooperation agreement between Petronas and Turkmenistan authorities-- PMO | At 6 pm, the ringgit eased to 4.1340/1395 versus the US dollar from Thursday's close of 4.1145/1195 | The collaboration opens up space for more strategic engagements in future, including exploring the great potential of Turkmenistan's natural gas sector, which has among the world's largest gas reserves - PMO | Gabungan Kelab Media Malaysia (GKMM) state affiliates receive RM10,000, GKMM receive RM30,000 from Communications Ministry - Fahmi | 

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Ringgit Closes Lower Against Greenback On Fed Rate Hike Expectations

By K. Naveen Prabu

KUALA LUMPUR, June 18 (Bernama) -- The ringgit closed lower against the US dollar on Thursday as expectations of a possible US Federal Reserve (Fed) interest rate hike later this year boosted demand for the greenback.

Buying In Consumer Stocks Helps Bursa Malaysia Close Slightly Higher

By Siti Noor Afera Abu

KUALA LUMPUR, June 18 (Bernama) -- Bursa Malaysia’s key index finished marginally higher, supported by strong buying interest in consumer-related counters, amid mixed performance across regional markets.

Fortegra Appoints Anthony Katz As SVP, Reserving To Lead Actuarial Team

KUALA LUMPUR, June 18 (Bernama) -- The Fortegra Group Inc, a global speciality insurer, has appointed Anthony Katz as senior vice president (SVP), reserving, strengthening the speciality insurer’s actuarial leadership as it expands its reserving and reporting capabilities.

Univar Solutions Expands EMEA Distribution Pact With American Distilling 

KUALA LUMPUR, June 18 (Bernama) -- Univar Solutions B.V., a subsidiary of Univar Solutions LLC (Univar Solutions), has expanded its distribution partnership with American Distilling to supply a broader range of natural speciality ingredients across select Europe, Middle East and Africa (EMEA) markets through its Ingredients + Specialties division.

MR D.I.Y. Thailand Earns Spot In Key Set Benchmark Indices

By Kenny Teng

BANGKOK, June 18 (Bernama) -- Thailand’s leading home improvement and lifestyle retailer, MR D.I.Y. Holding (Thailand) Public Company Limited (MRDIYT), has been selected for inclusion in three key indices of the Stock Exchange of Thailand (SET), underscoring growing investor confidence in the company’s business fundamentals and market position.

iFAST Global Bank Launches QR Payment Cashback Promotion

KUALA LUMPUR, June 18 (Bernama) -- iFAST Global Bank is offering a limited-time cashback promotion to encourage the use of its Worldwide Scan & Pay service, rewarding customers with one per cent cashback on eligible QR code payments made locally and overseas.

Capital Market Can Bridge SME Financing Gap For R&D, Expansion -- Bursa Malaysia

GEORGE TOWN, June 18 (Bernama) -- Small and medium enterprises (SMEs) should consider tapping the capital market to finance research and development (R&D) and business expansion that may not be fully supported through conventional bank financing, said Bursa Malaysia Bhd.

Rubicon Carbon Opens Singapore Office To Scale Asia Carbon Markets

KUALA LUMPUR, June 18 (Bernama) -- Rubicon Carbon, a carbon credit investment and management firm, has opened a regional office in Singapore as it expands its presence in Asia and seeks to support the development of high-integrity carbon markets across the region.

Rubber Market Closes Mixed On Weaker Regional Futures, Lower Oil Prices

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, June 18 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Thursday, tracking losses in regional rubber futures markets and lower benchmark crude oil prices.

BDB Land Develops RM41.5 Mln GDV Commercial Hub In Jitra

ALOR SETAR, June 18 (Bernama) --  BDB Land Sdn Bhd (BDB Land), a wholly owned subsidiary of Bina Darulaman Bhd (BDB), is developing a new commercial centre, the Darulaman Commercial District (DCD), with a gross development value (GDV) of RM41.5 million in Bandar Darulaman, Jitra.

Top Glove's 3Q Net Profit Jumps To RM80.98 Mln

KUALA LUMPUR, June 18 (Bernama) -- Top Glove Corporation Bhd’s net profit jumped to RM80.98 million in the third quarter ended May 31, 2026 (3Q FY2026), compared with the RM34.74 million reported in the previous corresponding quarter.

Johor Launches JETP Covering 83 Investment Projects Worth RM167.4 Billion By 2030

JOHOR BAHRU, June 18 (Bernama) -- The state government launched the Johor Economic Transformation Plan (JETP) by identifying 83 investment projects across eight priority industries, which are expected to contribute investments worth RM167.4 billion.