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TERAJU Introduces New Fund To Accelerate Scaling Of Bumiputera Companies In Sabah

KOTA KINABALU, April 9 (Bernama) -- The Bumiputera Agenda Steering Unit (TERAJU) has introduced the Bumiputera Sabah and Sarawak Scale-Up Fund (BSSF) as a strategic driver to accelerate the growth and scaling of Bumiputera companies in Sabah.

Penang-Chongqing Direct Flight Boosts Market Presence In China, Regional Exchanges -- Wong

GEORGE TOWN, April 9 (Bernama) -- The new direct flight between Penang and Chongqing underscores the state’s strategic efforts to strengthen its presence in the China market and further enhance air connectivity with Western China, injecting fresh momentum into regional tourism and economic exchanges.

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.

Ringgit Holds Firm At 3.97 Vs US Dollar, Stronger Against Major Currencies

KUALA LUMPUR, April 9 (Bernama) -- The ringgit remained firmer at the 3.97 level against the US dollar and other major currencies at Thursday’s opening, supported by improved market optimism following the two-week ceasefire, which spurred risk-on sentiment.

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).

Labuan To Focus On Four Key Economic Areas To Drive Growth, Says Liew

LABUAN, April 8 (Bernama) -- Four key economic areas have been identified to uplift the socio-economic landscape of the duty-free island of Labuan, according to Deputy Finance Minister Liew Chin Tong.

Grab Unveils 13 AI-Powered Features To Enhance Superapp Experience At GrabX 2026

JAKARTA, April 8 (Bernama) -- Southeast Asia’s top ride-hailing and delivery firm, Grab, has unveiled 13 new artificial intelligence (AI)-powered features at its annual GrabX 2026 showcase, positioning its platform as an intelligent everyday guide aimed at improving daily life, travel convenience, and business operations across Southeast Asia.

Domestic Logistics Sector To Remain Steady This Year On E-commerce Boom, AI Tailwinds

KUALA LUMPUR, April 8 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects the domestic logistics sector’s growth to remain steady in 2026, benefiting from booming e-commerce, supported by the global tech upcycle led by artificial intelligence (AI) data centre demand, a resilient US economy, and potential trade diversion amid US-China trade tensions. 

Bank Muamalat Offers Temporary Financial Resilience Assistance To Support Customers

KUALA LUMPUR, April 8 (Bernama) -- Bank Muamalat Malaysia Bhd is offering targeted financial assistance to support customers facing temporary financial pressures arising from global uncertainties, including recent developments in West Asia.

Bursa Malaysia Ends On A Softer Note Amid Escalating West Asia Conflict

KUALA LUMPUR, April 7 (Bernama) -- Bursa Malaysia ended on a softer note, with the benchmarik index extending its decline to a fourth consecutive day, and falling by nearly 2.0 per cent cumulatively over the period, as investors adopted a defensive stance amid escalating geopolitical conflict in West Asia.

B100 Biodiesel Can Be A Competitive, Sustainable Alternative Energy Source - FELDA

KUALA LUMPUR, April 7 (Bernama) -- B100, a 100 per cent palm oil-based biodiesel, has the potential to emerge as a more competitive and sustainable alternative energy source amid uncertainties arising from the West Asia crisis, said Federal Land Development Authority (FELDA) chairman Datuk Seri Ahmad Shabery Cheek.

Rubber Market Extends Gains On Strong Regional Futures, Oil Prices

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, April 7 (Bernama) -- The Kuala Lumpur rubber market extended its upward momentum to close higher on Tuesday, supported by gains in regional rubber futures, rising crude oil prices, and a slightly weaker ringgit against the US dollar, a dealer said.