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Bursa Malaysia Closes Mixed, CI Ekes Out Small Gain On Bargain Hunting

By Rosemarie Khoo Mohd Sani and Danni Haizal Danial Donald

KUALA LUMPUR, June 20 (Bernama) -- Bursa Malaysia ended the week mixed with the benchmark index climbing 0.08 per cent, as bargain hunting emerged following the recent sell-off, said an analyst.

Inmispace Brings Breathwork Leadership Workshop To Singapore

KUALA LUMPUR, June 20 (Bernama) -- Inmispace, a global wellness company specialising in subconscious healing, breathwork, and emotional regulation, has announced plans to deliver a corporate workshop in Singapore.

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.

IMFC-J Records Over 400 Investment Enquiries With RM16.71 Bln In Committed Investments

ISKANDAR PUTERI, June 19 (Bernama) -- The Invest Malaysia Facilitation Centre-Johor (IMFC-J) has received a total of 439 investment-related enquiries within just five months since its launch in February this year.

Malaysia-US Tariff Talks Went Well, Says PM Anwar

KUALA LUMPUR, June 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said discussions between Malaysia and the United States (US) on the imposition of US unilateral tariffs went smoothly.

Ringgit Slips Against Greenback Ahead Of US Rate Decision And As Israel-Iran War Escalates

By Abdul Hamid A Rahman

KUALA LUMPUR, June 18 (Bernama) -- The ringgit ended lower against the greenback on Wednesday ahead of a decision on US interest rates later today and as the war between Israel and Iran continued to escalate.

MITI Probes Alleged Breach Involving Nvidia-powered AI Chips

KUALA LUMPUR, June 18 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI)  is verifying with relevant agencies to see whether any local laws have been breached following reports of a Chinese company using Nvidia-powered artificial intelligence (AI) chips for Large Language Model (LLM) training in Malaysia.

Govt Expects Inflation To Rise Less Than 0.25 Pct Following SST Review

By Zufazlin Baharuddin

PETALING JAYA, June 18 (Bernama) -- The inflation rate is expected to remain under control, with a projected increase of less than 0.25 per cent following the review and expansion of the Sales and Service Tax (SST) scope, effective July 1.

No Energy Disruption Yet, But Industry To Closely Track Prices -- S&P Global

KUALA LUMPUR, June 18 (Bernama) -- There is no global energy disruption so far, but industries will continue to closely monitor price developments, said S&P Global vice-chairman Daniel Yergin. 

Ringgit Opens Marginally Higher Vs US Dollar, Sentiment Remains Cautious

KUALA LUMPUR, June 18 (Bernama) -- The ringgit was slightly higher against the US dollar at today’s opening with investors remaining cautious ahead of the United States (US) monetary policy outcome due later tonight, an analyst said.

BNM Plans To Make Financial Education Network Proaktif Mandatory For Youth

KUALA LUMPUR, June 17 (Bernama) -- Bank Negara Malaysia (BNM) plans to make its money literacy programme, called Financial Education Network (FEN) Proaktif, mandatory for the youth.

Policy Consistency, Political Stability Key To World Competitiveness Ranking – Economist

By Abdul Hamid A Rahman

KUALA LUMPUR, June 17 (Bernama) -- Malaysia’s World Competitiveness Ranking (WCR) hinges on political stability and consistent policy formulation and implementation, particularly as difficult or unpopular decisions are sometimes necessary to optimise resource allocation and strengthen the country’s economic structure.