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Ringgit Rebounds vs US Dollar Ahead Of 1Q GDP Estimate Tomorrow

KUALA LUMPUR, April 16 (Bernama) -- The ringgit rebounded to close higher against the US dollar ahead of the release of Malaysia’s advance gross domestic product (GDP) estimates for the first quarter of 2026 (1Q 2026), due tomorrow.

Felda, FGV Seek To Redefine Palm Oil Role Through Waste-to-Wealth Shift

KUALA LUMPUR, April 16 (Bernama) -- By treating palm oil by-products as strategic resources rather than traditional waste, the Federal Land Development Authority (Felda) and FGV Holdings Bhd are seeking to redefine the role of palm oil in Malaysia’s future economy, driven by technological advancement.

Labuan Agricultural Income Exceeds RM247 Million In 2023 – DOSM

PUTRAJAYA, April 16 (Bernama) -- Agricultural income for Labuan recorded RM247.14 million in 2023, with the capture fisheries subsector registered as the main contributor at RM217.16 million, according to the Agricultural Census Report 2024 for the Federal Territories published by the Department of Statistics Malaysia (DOSM) today.

Malaysia’s Halal Exports Hit RM68.52 Bln In 2025, Up 10.9 Pct Y-O-Y -- HDC

KUALA LUMPUR, April 16 (Bernama) -- Malaysia’s halal exports recorded RM68.52 billion in 2025, marking a 10.9 per cent year-on-year (y-o-y) increase, showing sustained global demand and the industry’s resilience amid evolving geopolitical challenges, said the Halal Development Corporation Bhd (HDC).

UMSKAL Launches Isra Corner To Drive Industry-On-Campus Ecosystem In Islamic Finance

By JAILANI HASAN

LABUAN, April 16 (Bernama) -- Universiti Malaysia Sabah Labuan International Campus (UMSKAL) through its Labuan Faculty of International Finance (FKAL) has launched the ISRA Corner, marking a strategic step towards establishing an Industry-on-Campus (IoC) ecosystem for Islamic finance in Labuan.

Anaqua’s AQX Platform Selected To Manage Yazaki's Global IP Portfolio

KUALA LUMPUR, April 16 (Bernama) -- Anaqua, an innovation and intellectual property (IP) management technology solutions and services provider, announced its platform has been selected by Yazaki Corporation to streamline, unify, and elevate the management of its worldwide IP portfolio.

AM Best Withdraws Delta Affiliates' Performance Assessment

KUALA LUMPUR, April 16 (Bernama) -- Global credit rating agency, AM Best has affirmed the performance assessment (assessment) of PA-2 (Excellent) of Delta Insurance New Zealand Limited and Delta Underwriting Private Limited.

KUSKOP Steps Up Measures To Ease SME Burden, Engages Banks For Greater Flexibility

KUALA LUMPUR, April 16 (Bernama) -- The government is taking steps to ease the burden on businesses, particularly small and medium enterprises (SMEs), by focusing on reducing ground-level costs and improving access to financing amid rising global challenges.

Malaysia Balances Legal Rights With Diplomacy As Strait Of Hormuz Blockade Tests UNCLOS

KUALA LUMPUR, April 16 (Bernama) – Malaysia’s ability to negotiate with Iran to secure safe passage for its crude oil imports through the vital Strait of Hormuz is not indicative of a failure of the principles of international maritime law, but rather reflects the reality that rights under law often require diplomatic backing, said a logistics expert.

AM Best Affirms New Zealand’s Pinnacle Life Credit Ratings 

KUALA LUMPUR, April 16 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of New Zealand’s Pinnacle Life Limited (Pinnacle Life), with a stable outlook.

Bank Rakyat Declares 18 Per Cent Dividend, Totalling RM534.7 Million For FY2025

KUALA LUMPUR, April 16 (Bernama) -- Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) has announced a dividend payment of 18 per cent, amounting to RM534.7 million for the financial year ended Dec 31, 2025 (FY 2025).

Malaysia, Australia Strengthen Energy Security Cooperation, Commit To Open Trade, Resilient Supply Chains

PUTRAJAYA, April 16 (Bernama) -- Malaysia and Australia have reaffirmed their commitment to ensuring stable and resilient energy supplies, with both leaders Prime Minister Datuk Seri Anwar Ibrahim and Anthony Albanese stressing the importance of open and predictable trade flows amid global uncertainties.