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Bursa Malaysia Turns Higher At Midday On Robust 1Q GDP Advance Estimates

KUALA LUMPUR, April 17 (Bernama) -- Bursa Malaysia turned higher at midday, lifted by the Department of Statistics Malaysia’s (DOSM) advance estimates showing that the economy is projected to grow by 5.3 per cent in the first quarter of 2026 (1Q 2026).

Oil Price Surge, Tax Incentives To Accelerate Malaysia's EV Transition -- Expert

PETALING JAYA, April 17 (Bernama) -- Rising oil prices linked to the West Asia crisis, coupled with the exemption tax implementation on electric vehicles (EVs) by the government are expected to prompt more people to transition to EVs, an expert said.

Malaysia's 1Q GDP To Grow By 5.3 Pct, Reflecting Resilience Amid Elevated Oil Prices, Global Uncertainty

KUALA LUMPUR, April 17 (Bernama) -- Malaysia’s economy is projected to grow by 5.3 per cent in the first quarter of 2026 (1Q 2026) based on advance estimates, reflecting an economy that remains fundamentally resilient, despite rising global uncertainties, particularly elevated oil prices driven by geopolitical tensions, said the Department of Statistics Malaysia (DOSM).

O&G Sector Remains Resilient Although IEA Slashes 2026 Oil Demand Outlook - MBSB IB

KUALA LUMPUR, April 17 (Bernama) -- The oil and gas sector remained positive, although the International Energy Agency (IEA) has sharply revised its 2026 oil demand outlook from growth of 730,000 barrels per day (bpd) to a contraction of 80,000 bpd, reflecting what it described as the largest supply disruption in history.

Bursa Malaysia Starts Lower On Cautious Mood

KUALA LUMPUR, April 17 (Bernama) -- Bursa Malaysia opened lower on Friday as mild profit-taking in key index-linked counters weighed on early trade, despite overnight gains on Wall Street.

Malaysia's Plastics Manufacturing Industry To Experience Continuous Volatiltiy -- MPMA

KUALA LUMPUR, April 17 (Bernama) -- The Malaysian Plastics Manufacturers Association (MPMA) expects the country’s plastics manufacturing industry to experience continued volatility in the near to medium term amid the West Asia crisis. 

CPO Futures Close Marginally Higher On Firmer Crude Oil Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, April 16 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed marginally higher amid the rise in crude oil prices that continued to lend support to market sentiment, a trader said. 

Malaysia Well-positioned To Capture Tech Relocation Amid West Asia Tensions -- MIER

KUALA LUMPUR, April 16 (Bernama) -- Technology firms are seeking to relocate operations to Asia, and Malaysia is well-positioned to capitalise on this development in light of ongoing geopolitical turbulence in the Middle East.

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, 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.

Bursa Malaysia Edges Higher At Midday On Better Sentiment

KUALA LUMPUR, April 16 (Bernama) -- Bursa Malaysia edged higher at midday today, supported by improving sentiment amid growing expectations of a de-escalation of tensions in West Asia.

Ringgit Edges Up Vs Greenback On US-Iran Talks Hope

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 16 (Bernama) -- The ringgit opened marginally higher against the US dollar today, supported by optimism that renewed US-Iran talks could ease tensions along key global oil routes.