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Bursa Malaysia Ends Week Higher On Strong GDP Outlook

By Abdul Hamid A Rahman

KUALA LUMPUR, April 17 (Bernama) -- Bursa Malaysia closed the week higher, extending its upward momentum, buoyed by positive sentiment following the release of Malaysia’s advance gross domestic product (GDP) estimates, reinforcing the narrative of resilient domestic demand.

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).

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.

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.

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.

Sunway Appoints Wahid Omar As Independent Non-Executive Director

KUALA LUMPUR, April 15 (Bernama) -- Conglomerate Sunway Bhd has appointed Tan Sri Abdul Wahid Omar as its independent and non-executive director with immediate effect. 

Ringgit Eases Versus Greenback On Profit-taking After Recent Gains

By Zufazlin Baharuddin

KUALA LUMPUR, April 15 (Bernama) -- The ringgit closed lower against the US dollar today on profit-taking following recent gains, said an analyst.

Profit-taking Drags Bursa Malaysia To End Lower

KUALA LUMPUR, April 15 (Bernama) -- Bursa Malaysia erased early gains to end slightly lower on Wednesday, as profit-taking emerged in selected heavyweight counters mainly in financial services and utilities sectors.

PayNet To Expand Cashless Initiatives Across More Tertiary Institutions

KUALA LUMPUR, April 15 (Bernama) -- Payments Network Malaysia Sdn Bhd (PayNet) plans to expand its cashless payment initiatives to more tertiary education institutions, in collaboration with universities and student councils, as part of efforts to deepen digital payment adoption among students.

BRIDGE Alliance Extends Summit To Five Days, Driving Global Media Transformation

KUALA LUMPUR, April 15 (Bernama) -- BRIDGE Alliance will expand its flagship BRIDGE Summit to five days for its second edition, scheduled to take place beginning Nov 28 at a larger venue on Yas Island in Abu Dhabi, in partnership with Miral, a developer of immersive destinations and experiences in the emirate.

Ipoh’s Weil Hotel recognised As Malaysia’s First ESG-certified Hotel By MBOR

IPOH, April 15 (Bernama) -- Weil Hotel in Ipoh, Perak, has been officially recognised by the Malaysia Book of Records (MBOR) as the first environmental, social, and governance (ESG)-certified hotel in Malaysia, marking a significant achievement in the country’s hospitality industry landscape.