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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).

Rozali Ismail To Step Down As Puncak Niaga Executive Chairman

KUALA LUMPUR, April 9 (Bernama) -- Tan Sri Rozali Ismail will relinquish his role as Puncak Niaga Holdings Bhd’s (PNHB) executive chairman and retire as director of the company, effective June 30, 2026.

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.

Malaysia’s Macroeconomic Stability Key To Navigating Global Challenges

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.

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.

Malaysia Does Not Need Stimulus Amid West Asia Crisis -- World Bank

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.

Vistra Names Damian Leach As Chief AI & Digital Officer

KUALA LUMPUR, April 9 (Bernama) -- Vistra has announced the appointment of Damian Leach as its Chief AI & Digital Officer, a pivotal new leadership role focused on accelerating the group’s transformation into a digitally enabled, artificial intelligence (AI)-powered professional services organisation.

Cloudera Advances Hybrid Data, AI Platform To Cut Costs, Boost Scale

KUALA LUMPUR, April 9 (Bernama) -- Cloudera has announced significant advancements to its hybrid data and artificial intelligence (AI) platform, aimed at helping enterprises modernise infrastructure, reduce costs and accelerate analytics and AI across their data environments.

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.

Labuan FSA To Launch Five-year Blueprint To Boost Islamic Finance

LABUAN, April 9 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) is set to launch a new five-year blueprint by the end of this year or early next year, with a strategic focus on strengthening Islamic finance and the digital economy.