2d ago
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.
2d ago
KUALA LUMPUR, April 10 (Bernama) -- Apex Securities Bhd maintains its 2026 gross domestic product (GDP) forecast at 4.7 per cent year-on-year, which remains in line with Bank Negara Malaysia’s (BNM) 4.0-5.0 per cent projection range.
2d ago
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).
2d ago
By Siti Radziah Hamzah
KUALA LUMPUR, April 9 (Bernama) -- Bursa Malaysia closed lower on Thursday following the weaker performance of regional peers.
3d ago
KUALA LUMPUR, April 9 (Bernama) -- Malaysia’s ability to sustain macroeconomic stability is crucial in navigating global economic challenges amid ongoing West Asia tensions, said Juwai IQI global chief economist Shan Saeed.
3d ago
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.
3d ago
KUALA LUMPUR, April 9 (Bernama) -- Malaysia’s targeted fuel subsidy reform under BUDI MADANI RON95 (BUDI95) is a step in the right direction amid the West Asia crisis as the government seeks to better manage fiscal pressures while ensuring subsidies are distributed more efficiently.
3d ago
KUALA LUMPUR, April 9 (Bernama) -- Malaysia does not need stimulus amid the West Asia crisis, said the World Bank’s lead economist for Malaysia, Apurva Sanghi.
3d ago
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.
3d ago
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.
3d ago
KUALA LUMPUR, April 8 (Bernama) -- Malaysia reaffirmed its commitment to safeguarding domestic energy supply while continuing to serve as a trusted strategic partner in supporting international energy supply stability, Economy Minister Akmal Nasrullah Mohd Nasir said.
3d ago
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.