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Rubber Market Likely Volatile, Mild Downtrend Next Week - Analyst

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, June 13 (Bernama) -- The Malaysian rubber market is anticipated to remain volatile next week, displaying a slight downward trend due to ongoing global uncertainties, said industry expert Denis Low.

Government's RON95, Diesel Subsidy Bill Estimated At RM3.5 Bln A Month - MOF

KUALA LUMPUR, June 10 (Bernama) -- The government's subsidy bill for RON95 petrol and diesel is projected to remain high at about RM3.5 billion a month at current market prices, amid the ongoing conflict in West Asia, the Ministry of Finance (MOF) said.

Space42 Completes Deployment Of Foresight EO Constellation Satellites

KUALA LUMPUR, June 9 (Bernama) -- Space42, the United Arab Emirates (UAE)-based artificial intelligence (AI)-powered SpaceTech company, has strengthened its Earth observation capabilities following the full operational deployment of the Foresight-3, Foresight-4, and Foresight-5 satellites.

Alibaba Cloud Launches Johor Public Cloud Region To Meet Growing Demand

KUALA LUMPUR, June 9 (Bernama) – Alibaba Cloud Intelligence has launched its new public cloud region in Johor, expanding its data centre footprint in Malaysia as it seeks to meet the growing demand for cloud and artificial intelligence (AI) services.

Liftech Targets RM23 Mln From ACE Market IPO

KUALA LUMPUR, June 8 (Bernama) -- Liftech Group Bhd aims to raise RM23 million through its initial public offering (IPO) for its proposed listing on the ACE Market of Bursa Malaysia Securities Bhd on June 30, 2026.

West Asia Disruptions, High Fuel Prices To Halve Airline Industry Profitability In 2026 - IATA

KUALA LUMPUR, June 7 (Bernama) -- Airlines’ total net profit in 2026 is expected to be US$23 billion (US$1 = RM4.02), about half the previous projection of US$41 billion, as a result of war-related disruptions in West Asia and high fuel prices, the International Air Transport Association (IATA) said.

Rubber Market Seen Trading Sideways With A Slight Downward Bias Next Week

KUALA LUMPUR, June 6 (Bernama) -- The rubber market is expected to trade sideways with a slight downward bias next week amid ongoing global uncertainties, particularly developments in West Asia and weather conditions in some major rubber-producing regions.

MyCEB Strengthens Malaysia’s Business Events Presence In Central Asia

KUALA LUMPUR, June 5 (Bernama) -- The Malaysia Convention and Exhibition Bureau (MyCEB), with the support of Tourism Malaysia Almaty and the Embassy of Malaysia in Uzbekistan, successfully organised its first MyCEB Sales Call Programme and the Malaysia Business Events Seminars in Almaty, Kazakhstan on June 2 and in Tashkent, Uzbekistan on June 4.

FELDA Appoints Encorp To Develop Staff Housing

KUALA LUMPUR, June 5 (Bernama) -- The Federal Land Development Authority (Felda) has inked a memorandum of understanding (MoU) with Encorp Bhd, under which the latter will undertake the design and construction of housing for Felda employees.

RIFFAI Showcases Satellite AI Vision For Global Earth Observation At Singapore Event

KUALA LUMPUR, June 3 (Bernama) -- RIFFAI, an artificial intelligence (AI) startup specialising in satellite data and GIS, is participating at Echelon Singapore 2026 from June 3 to 4, presenting its long-term vision of becoming the global engine that processes Earth observation data.

ENERtec Asia, MIDA Team Up To Drive Renewable Energy And Storage Investments

KUALA LUMPUR, May 29 (Bernama) -- ENERtec Asia 2026, Southeast Asia’s premier energy technology exhibition and conference, is partnering with the Malaysian Investment Development Authority (MIDA) to strengthen Malaysia’s position as a regional hub for clean energy investments, renewable energy (RE) technologies and battery energy storage systems (BESS).

Global Air Cargo Demand Up 4.0 Pct In April, Led By Asia-Pacific Airlines -- IATA

KUALA LUMPUR, May 28 (Bernama) -- Total demand of global air cargo, measured in cargo tonne-kilometres, increased by 4.0 per cent in April 2026, compared to April 2025 levels (4.0 per cent for international operations), according to the International Air Transport Association (IATA).