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).

Global Energy Crisis: Govt To Ensure Sufficient Supply Of Fuel, Basic Goods

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, April 9 (Bernama) -- The government will focus on ensuring there is sufficient supply of fuel and basic goods to enable economic activities to continue, according to Economy Minister Akmal Nasrullah Mohd Nasir.

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.

Shell Malaysia To Prioritise Fuel Supply Continuity Across Retail Network

KUALA LUMPUR, April 9 (Bernama) -- Shell Malaysia Trading Sdn Bhd is prioritising efforts to support fuel supply continuity within its retail network, in line with the government’s recent announcement.

Gold Futures End Lower

KUALA LUMPUR, April 9 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, in line with the United States COMEX gold market.

Hong Seng Unit Enters Debt Settlement Deals Worth RM63.61 Mln

KUALA LUMPUR, April 9 (Bernama) -- Hong Seng Consolidated Bhd’s wholly-owned subsidiary, AIMAX Capital Sdn Bhd, has entered into debt settlement agreements totalling RM63.61 million with four borrowers.

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.

Banks Reaffirm Commitment To Support Customers Affected By Ongoing Global Uncertainties

KUALA LUMPUR, April 9 (Bernama) -- Alliance Bank Malaysia Bhd and Standard Chartered Malaysia announced their commitment today to support customers affected by ongoing geopolitical and economic uncertainties.

Dorsett To Open First Dao by Dorsett Hotel In Malaysia

KUALA LUMPUR, April 9 (Bernama) -- Dorsett Hospitality International (DHI), a subsidiary of Far East Consortium International Limited (FEC), will open Dao by Dorsett Puteri Cove on May 15, marking the brand’s debut in Malaysia.

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.

Xora Appoints Eric Rosenblum As General Partner To Expand US Presence, AI Investments

KUALA LUMPUR, April 9 (Bernama) -- Xora Innovation (Xora), an early-stage artificial intelligence (AI) and deep tech venture firm backed by Temasek, has appointed Eric Rosenblum as General Partner to strengthen its presence in the United States (US) and accelerate investments in AI infrastructure, Applied AI, and deep tech companies.