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Uzbekistan To Attract More FDIs Through Improvements In Investment Climate - President

TASHKENT, June 17 (Bernama) -- Uzbekistan is looking to lure more foreign direct investments (FDIs) as the country implements systemic measures to improve its investment climate, including the establishment of the Tashkent International Financial Centre (TIFC) and expanded privatisation initiatives.

ASEAN-Russia Need To Expand Cooperation  Across The Board, Mainly In Food Security And Energy - Anwar

From Nurul Hanis Izmir

KAZAN, June 17 (Bernama) — ASEAN and Russia need to expand multilateral cooperation in areas such as food security, energy, advanced manufacturing, digital technologies, and education, said Prime Minister Datuk Seri Anwar Ibrahim.

Finalisation Of ASEAN-Russia Trade Roadmap A Good Start, Enabling Environment Crucial - Anwar

From Nurul Hanis Izmir

KAZAN, June 17 (Bernama) — Finalisation of the ASEAN-Russia Strategic Programme on Trade and Investment Cooperation 2026-2035 is a shot in the arm for the next leap in economic ties, but an enabling environment is key to turning them into reality, Prime Minister Datuk Seri Anwar Ibrahim said today.

Indian Firms Invest Over US$3 Bln In Malaysia, Create 30,000 Jobs - CIIM

KUALA LUMPUR, June 17 (Bernama) -- Indian companies have invested more than US$3 billion (US$1 = RM4.06) in Malaysia and created over 30,000 direct jobs, reflecting the strong economic partnership between Malaysia and India, according to the Consortium of Indian Industries in Malaysia (CIIM).

Interest Rate Normalisation In Japan Seen As Having Greater Impact On Asia Than Europe

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 17 (Bernama) -- The Bank of Japan’s (BOJ) ongoing policy normalisation is likely to have a greater impact on Asian financial markets than the European Central Bank’s (ECB) higher-for-longer interest rate stance.

Uzbekistan Enhancing Islamic Finance Regulatory Framework With INCEIF University's Assistance

From Siti Radziah Hamzah

TASHKENT, June 16 (Bernama) -- Uzbekistan is strengthening its Islamic finance regulatory framework by engaging experts from Malaysia's INCEIF University in areas such as sukuk securities, Islamic finance licensing, Shariah governance, and a comprehensive regulatory ecosystem as part of the third stage of its industry development.

CPO Futures End Higher Amid Weather-related Supply Concerns

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, June 16 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher today amid concerns over weather-related issues, a trader said.

Banks Must Build Specialised SME Lending Capabilities – EBRD

By Siti Radziah Hamzah

TASHKENT, June 16 (Bernama) --  Developing deeper capital markets and expanding financing access for underserved segments remain among the key challenges facing emerging Southeast Asian economies, according to the European Bank for Reconstruction and Development (EBRD).

IRDA, Taiwan's Taoyuan City Govt In Pact To Advance Industrial Collaboration

ISKANDAR PUTERI, June 16 (Bernama) -- The Iskandar Regional Development Authority (IRDA) has formalised a strategic partnership with Taoyuan City Government in Taiwan to promote industrial collaboration, strengthen talent development and enhance mutual economic competitiveness.

Bursa Malaysia Ends Higher For Second Straight Day On Heavyweight Buying

By Siti Noor Afera Abu

KUALA LUMPUR, June 16 (Bernama) -- Bursa Malaysia’s key index extended its rebound for a second consecutive day, closing more than one per cent higher,yh as investor sentiment remained buoyant amid improving regional market conditions and sustained buying interest in heavyweight counters. 

Allianz Malaysia Shareholders Approve All Resolutions At 52nd AGM

KUALA LUMPUR, June 16 (Bernama) -- Allianz Malaysia Bhd’s shareholders have approved all resolutions tabled at the group’s 52nd annual general meeting (AGM) as the insurer marks its 25th anniversary this year.

SMR 20 Hits Nine-year High On Tight Supply, EV Demand

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, June 16 (Bernama) -- The Kuala Lumpur rubber market closed higher on Tuesday, leading to Standard Malaysian Rubber 20 (SMR 20) reaching its highest level in the past nine years, said a dealer.