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Data Drives Economic Growth And Competitiveness, Says Deputy Digital Minister

KUALA LUMPUR, April 10 (Bernama) -- Data has emerged as a critical driver of economic growth and national competitiveness, with Malaysia’s ability to manage and leverage it effectively expected to determine its position in the global digital economy.

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).

RM5 Bln Low-cost Financing To Drive SME Growth - Sim

GEORGE TOWN, April 9 (Bernama) -- The Entrepreneur and Cooperatives Development Ministry has announced up to RM5 billion in low-cost financing for small and medium enterprises (SMEs) to drive growth and transformation.

TERAJU Introduces New Fund To Accelerate Scaling Of Bumiputera Companies In Sabah

KOTA KINABALU, April 9 (Bernama) -- The Bumiputera Agenda Steering Unit (TERAJU) has introduced the Bumiputera Sabah and Sarawak Scale-Up Fund (BSSF) as a strategic driver to accelerate the growth and scaling of Bumiputera companies in Sabah.

Bursa Malaysia Ends Lower AS Investors Reassess US-Iran Truce

By Siti Radziah Hamzah

KUALA LUMPUR, April 9 (Bernama) -- Bursa Malaysia closed lower on Thursday following the weaker performance of regional peers.

Boulder Imaging Secures Growth Investment From Lime Rock New Energy

KUALA LUMPUR, April 9 (Bernama) -- Boulder Imaging Inc, a provider of ultra-high-speed machine vision technologies for wind energy and manufacturing applications, has received a growth investment from funds managed by Lime Rock New Energy (LRNE) to accelerate its global expansion and technology development.

Islamic Banking Industry Remains Resilient Amid West Asia Uncertainties -- AIBIM

KUALA LUMPUR,  April 8 (Bernama) -- Malaysia’s Islamic banking industry remains resilient, supported by strong capital and liquidity positions, amid uncertainties in West Asia, said the Association of Islamic Banking and Financial Institutions Malaysia (AIBIM).

Bursa Malaysia Ends Higher, CI Jumps 1.16 Pct As US-Iran Ceasefire Lifts Sentiment

By Siti Radziah Hamzah

KUALA LUMPUR, April 8 (Bernama) -- Bursa Malaysia ended broadly higher, with the benchmark index rising 1.16 per cent to close near the 1,700 mark, supported by positive sentiment following news of a two-week ceasefire between the United States (US) and Iran, which includes Tehran allowing safe passage through the Strait of Hormuz.

Saudi Fund For Development Inks US$15 Mln Loan Agreement With Palau

KUALA LUMPUR, April 8 (Bernama) -- The Saudi Fund for Development (SFD) has signed a US$15 million development loan agreement with the Republic of Palau, marking its inaugural development partnership in the Pacific island nation. (US$1=RM3.99)

MBSB IB Positive On Construction Sector On Resilient Demand, Stronger Project Execution

KUALA LUMPUR, April 8 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) has maintained a positive stance on the construction sector, backed by resilient private sector demand and stronger public project execution.

Bursa Malaysia Ends On A Softer Note Amid Escalating West Asia Conflict

KUALA LUMPUR, April 7 (Bernama) -- Bursa Malaysia ended on a softer note, with the benchmarik index extending its decline to a fourth consecutive day, and falling by nearly 2.0 per cent cumulatively over the period, as investors adopted a defensive stance amid escalating geopolitical conflict in West Asia.

Helios Photovoltaic Eyes 33 Mln Euros IPO On Frankfurt Stock Exchange

KUALA LUMPUR, April 7 (Bernama) -- Helios Photovoltaic Sdn Bhd, en route to a listing on the Frankfurt Stock Exchange in Germany, aims to raise 33 million euros (1 euro = RM4.64) from its initial public offering (IPO).