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CPO Prices To Remain Elevated On Biodiesel Mandate, Higher Oil Prices -- CIMB Securities

KUALA LUMPUR, April 10 (Bernama) -- Crude palm oil (CPO) prices are expected to remain elevated, supported by biodiesel mandates, higher oil prices, and weather-related supply risks, said CIMB Securities Sdn Bhd.

Asian Development Bank Forecasts Malaysia’s Economy To Grow 4.6 Pct In 2026

KUALA LUMPUR, April 10 (Bernama) -- Asian Development Bank (ADB) projects Malaysia’s economy to grow by 4.6 per cent in 2026 and 4.5 per cent in 2027.

Bagan Datuk Emerges As Data Centre Hub With RM569 Mln Data Centre Project - PRIVASIA

KUALA LUMPUR, April 10 (Bernama) -- PRIVASIA Technology Bhd is positioning Bagan Datuk, Perak, as an emerging digital infrastructure hub following the formalisation of a RM569 million engineering, procurement, construction and commissioning (EPCC) agreement for its data centre project.

AirAsia X's Outlook Resilient On Sustained Travel Demand, Cost-Cutting Measures -- Public Investment Bank

KUALA LUMPUR, April 10 (Bernama) -- AirAsia X Bhd’s (AAX) near-term outlook remains supported by sustained travel demand, despite new fuel surcharges introduced to manage the jet fuel price surge triggered by the West Asia regional conflict, which has led to higher airfares.

US$50 Bln In Financial Support Needed As West Asia Conflict Tests Global Economy - IMF

KUALA LUMPUR, April 10 (Bernama) -- The global economy is facing renewed strain from the ongoing conflict in West Asia, with up to US$50 billion (US$1 = RM3.98) in financial support potentially needed to help vulnerable countries weather the shock, according to the International Monetary Fund (IMF).

Banks Reaffirm Commitment To Support Customers Affected By Ongoing Global Uncertainties

KUALA LUMPUR, April 9 (Bernama) -- Alliance Bank Malaysia Bhd and Standard Chartered Malaysia announced their commitment today to support customers affected by ongoing geopolitical and economic uncertainties.

Oil Rebounds As Markets Track US-Iran Ceasefire, Hormuz Situation

KUALA LUMPUR, April 9 (Bernama) -- Oil prices rebounded towards US$100 per barrel amid lingering uncertainty over the two-week United States-Iran ceasefire and Iran’s renewed closure of the Strait of Hormuz following Israeli strikes on Lebanon.

World Bank Raises Malaysia’s 2026 Growth Forecast To 4.4 Pct On Strong Domestic Demand

KUALA LUMPUR, April 9 (Bernama) -- The World Bank Group has raised Malaysia’s economic growth forecast for 2026 to 4.4 per cent from 4.1 per cent, citing resilient domestic demand, its lead economist for Malaysia, Apurva Sanghi, said.

High Jet Fuel Prices Likely To Spark Structural Shakeout In Airline Industry - Aviation Experts

By Kisho Kumari Sucedaram

KUALA LUMPUR, April 9 (Bernama) -- Rising fuel prices can precipitate a structural shakeout in the airline industry via consolidation, as well as signal the demise of weak and badly run airlines, an aviation analyst warned today.

AstroBiz Launches All‑New BizOne Rewards With RM17.5 Mln In Guaranteed Marketing Support

KUALA LUMPUR, April 9 (Bernama) -- Astro Malaysia Holdings Bhd has announced the continuation of its rewards campaign with the launch of the all-new Astro BizOne Rewards Campaign under Astro BizOne, a simplified package for food and beverage (F&B) outlets.

Islamic Banking Industry Remains Resilient Amid West Asia Uncertainties -- AIBIM

KUALA LUMPUR,  April 8 (Bernama) -- Malaysia’s Islamic banking industry remains resilient, supported by strong capital and liquidity positions, amid uncertainties in West Asia, said the Association of Islamic Banking and Financial Institutions Malaysia (AIBIM).

Hartanah Kenyalang Expects Margin Squeeze From US-Iran War, Implements Cost Measures

KUALA LUMPUR, April 8 (Bernama) -- Hartanah Kenyalang Bhd expects the ongoing United States (US)-Iran war to affect its margins, but the company will mitigate the impact by implementing cost-saving measures.