Higher BI-Rate, Fuel Price Hike Test Indonesia's Economic Balancing Act

By Nik Nurfaqih Nik Wil

JAKARTA, June 13 (Bernama) -- Indonesia's decision to raise the BI-Rate and increase non-subsidised fuel prices within days highlights the government's effort to support the rupiah and ease fiscal pressures, although the measures are expected to add pressure on households and businesses, analysts say.

TMK Chemical Proposes RM920 Mln Acquisition Of CCM From Batu Kawan

KUALA LUMPUR, June 12 (Bernama) -- TMK Chemical Bhd has proposed to acquire 100 per cent equity interest in Chemical Company of Malaysia Bhd (CCM), excluding certain assets, from Batu Kawan Bhd (BKB) for an indicative purchase consideration of RM920 million on a cash-free, debt-free basis.

Bursa Malaysia Issues UMA Query To Paragon Union After Share Price Falls

KUALA LUMPUR, June 12 (Bernama) -- Bursa Malaysia Securities Bhd has issued an Unusual Market Activity (UMA) query to Paragon Union Bhd following a sharp fall in the company's share price today. 

Bursa Malaysia Stays Higher At Midday On Improved Risk Appetite

KUALA LUMPUR, June 12 (Bernama) -- Bursa Malaysia ended the morning session in positive territory as investors' risk appetite improved following the strong overnight rebound on Wall Street.

B15 Biodiesel Rollout Could Ease Inflation, Reduce Fiscal Burden -- CGS International

KUALA LUMPUR, June 11 (Bernama) -- The government’s initiative to roll out B15 biodiesel blends makes strategic sense as a cheaper feedstock can dampen domestic inflation and reduce fiscal costs, said CGS International Securities Malaysia Sdn Bhd.

Heavyweight Stocks Lift Bursa Malaysia, Pare Losses At Midday

KUALA LUMPUR, June 11 (Bernama) -- Bursa Malaysia pared its losses at the lunch break as bargain hunting emerged in selected heavyweight stocks, led by Petronas Chemicals, Tenaga Nasional and Kuala Lumpur Kepong.

Govt Measures To Safeguard Fuel, Supply Chains Support Production Activities -- Apex Securities

KUALA LUMPUR, June 11 (Bernama) -- Government measures to safeguard fuel and supply chains could support production activities in the near term, said Apex Securities Bhd.

CPO Prices Seen Higher In 2H 2026 On El Nino, Biofuel Demand

KUALA LUMPUR, June 11 (Bernama) -- Crude palm oil (CPO) prices are expected to trade higher in the second half of 2026 (2H 2026), supported by the likelihood of a strong El Niño and elevated soybean and rapeseed oil prices amid rising biofuel demand, CGS International Securities Malaysia Sdn Bhd said.

Bursa Malaysia Extends IDSS Suspension On Tanco Shares

KUALA LUMPUR, June 10 (Bernama) -- Bursa Malaysia suspended intraday short-selling (IDSS) of Tanco Holdings Bhd for the remainder of today's trading session, the second consecutive day the restriction has been imposed after the stock breached its price limit.

EPF, PNB And KWAP To Allocate Capital To Support MY Value Up Principles -- Ahmad Zahid

KUALA LUMPUR, June 9 (Bernama) -- Government-linked investment companies (GLICs), namely the Employees Provident Fund, Permodalan Nasional Bhd and Retirement Fund Incorporated (KWAP), will allocate a portion of their capital to support companies that demonstrate a strong commitment to value creation and the adoption of 'MY Value Up' principles.

Bursa Malaysia Slips At Open, Gainers Outpace Losers

KUALA LUMPUR, June 9 (Bernama) -- Bursa Malaysia opened slightly lower today with the key index slipping 0.06 per cent even as investors continued to participate in the broader market despite lingering concerns over the West Asia conflict.

Sum Technology IPO Oversubscribed By 110.54 Times Ahead Of ACE Market Debut

KUALA LUMPUR, June 8 (Bernama) -- Engineering services firm Sum Technology Bhd's initial public offering (IPO) has been oversubscribed by 110.54 times ahead of its listing on the ACE Market of Bursa Malaysia on June 18, 2026.