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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).

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.

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.

IATA Expects Gradual Aviation Recovery In Gulf Amid Latest Development In West Asia

SINGAPORE, April 8 (Bernama) -- The International Air Transport Association (IATA) anticipates a gradual recovery for the aviation industry within a few months, particularly in the Gulf region, amid the recent developments in conflicts in West Asia.

Escalating West Asia Conflict Wake-up Call To Strengthen Malaysia’s Energy Sovereignty -- Academic

KUALA LUMPUR, April 7 (Bernama) -- Rising petroleum import prices and disruptions to global logistics caused by the Middle East conflict, which threaten inflation rates and the country’s long-term fiscal stability, serve as a warning for Malaysia to strengthen energy sovereignty by diversifying local energy sources.

Ringgit Flat Against Us Dollar, Firmer Versus Major Currencies

KUALA LUMPUR, April 7 (Bernama) -- The ringgit opened little changed against the US dollar but strengthened against major currencies on Tuesday, as market sentiment remained cautious ahead of US President Donald Trump’s deadline on the reopening of the Strait of Hormuz.

Ringgit Advances To End Higher Vs US Dollar On West Asia Ceasefire Hopes

By Abdul Hamid A Rahman

KUALA LUMPUR, April 6 (Bernama) -- The ringgit closed marginally higher against the US dollar today as optimism over a potential West Asia ceasefire improved risk appetite.

IJM Corp, Sunway Slip In Early Trade Ahead Of Takeover Deadline

KUALA LUMPUR, April 6 (Bernama) -- IJM Corporation Bhd and Sunway Bhd fell in early trade today ahead of the deadline for IJM shareholders to accept Sunway’s takeover offer at market close (today).

Malaysia Only Market To Record Net Foreign Inflows At RM98.5 Mln - MBSB

KUALA LUMPUR, April 6 (Bernama) -- Net selling activities were broad-based among the eight Asian countries MBSB Investment Bank Bhd monitors, with Malaysia being the only market to receive net foreign inflows.

Bursa Malaysia Opens Lower, West Asia Tensions Weigh On Sentiment

KUALA LUMPUR, April 6 (Bernama) -- Bursa Malaysia opened lower on Monday, as sentiment was pressured by escalating tensions in West Asia and persistent geopolitical uncertainty.

Ringgit Set For Cautious Week Versus US Dollar Amid West Asia Conflict

By Harizah Hanim Mohamed

KUALA LUMPUR, April 4 (Bernama) -- The foreign exchange market is expected to remain cautious next week, with the ringgit likely to oscillate around 4.00 to 4.05 against the US dollar amid ongoing uncertainties over the war in Iran, which has entered its fifth week.

Malaysia’s Palm Oil Sector In Advantageous Position Despite West Asia Conflict

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 3 (Bernama) -- Malaysia is in an extremely advantageous position as one of the world’s top palm oil exporters, continuing to supply edible oils to countries which are grappling with rising food prices and fertiliser supply disruptions due to the closure of the Strait of Hormuz.