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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.

West Asia Crisis Prompts Review Of BUDI MADANI RON95 Programme - Economist

BANGI, April 7 (Bernama) -- The ongoing impact of the West Asia crisis has prompted the government to review the current approach to the Budi MADANI RON95 (BUDI95) programme to ensure it reaches those who need it most, said an economist.

Malaysia’s Energy Supply Secure At Least Until June Amid Global Energy Crisis - PM Anwar

KUALA LUMPUR, April 7 (Bernama) -- Malaysia’s energy supply is expected to remain sufficient at least until June this year, Prime Minister Datuk Seri Anwar Ibrahim said.

Malaysia's Banking Industry Remain Resilient, Supportive Amid Global Uncertainties - ABM

KUALA LUMPUR, April 7 (Bernama) -- Malaysia’s banking industry remains strong, resilient and is committed to supporting customers amid global uncertainties, including developments in West Asia, according to the Association of Banks in Malaysia (ABM).

Govt Views Impact Of Global Energy Crisis On SMEs, Health Industry Seriously -- Akmal Nasrullah

KUALA LUMPUR, April 6 (Bernama) -- The government is taking the impact of the global energy crisis on various industry players, particularly micro, small and medium enterprises (MSMEs) and the healthcare sector, seriously, said Minister of Economy Akmal Nasrullah Mohd Nasir.

Bursa Malaysia Ends Lower, CI Retreats 0.86 Pct On West Asia Tensions

By Siti Radziah Hamzah

KUALA LUMPUR, April 6 (Bernama) -- Bursa Malaysia ended lower on Monday, with the benchmark index retreating by 0.86 per cent as concerns over escalating tensions in West Asia intensified.

At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 14.67 points to 1,680.83 from Friday’s close of 1,695.50.

Labuan Holds Workshop To Drive Action-oriented Solutions, Boost Economic Competitiveness

LABUAN, April 6 (Bernama) -- Addressing regulatory gaps, infrastructure constraints, and talent shortages is critical to unlocking Labuan’s economic potential, with stakeholders calling for stronger coordination and faster policy execution to drive sustainable growth.

Geohan's Unit Secures RM103 Mln New Pantai Highway Extension Subcontracts

KUALA LUMPUR, April 6 (Bernama) -- Geohan Corporation Bhd’s unit Geohan Sdn Bhd has secured two subcontract packages with a combined value of RM103 million for the New Pantai Highway Extension from IJM Construction Sdn Bhd.

Tenaga’s Spark RE Investment Boosts Net Zero 2050 Plans

KUALA LUMPUR, April 6 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) is holding its positive view of Tenaga Nasional Bhd’s (TNB) strategic investment, Spark Renewable Energy (RE) in Australia, which bolsters its commitment towards achieving Net Zero 2050.

RHB Keeps 'Buy' On Kerjaya Prospek After Third Deal

KUALA LUMPUR, April 6 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has maintained a ‘buy’ rating on Kerjaya Prospek Group Bhd (KPG) after the group secured its third contract this year.

Gold Futures Likely To See Cautious Trading Next Week

By Harizah Hanim Mohamed

KUALA LUMPUR, April 4 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade cautiously next week, as markets anticipate that central banks will maintain aggressively hawkish stance due to rising energy-driven inflation.

Ringgit Set For Cautious Week Versus US Dollar Amid West Asia Conflict

By Harizah Hanim Mohamed

KUALA LUMPUR, April 4 (Bernama) -- The foreign exchange market is expected to remain cautious next week, with the ringgit likely to oscillate around 4.00 to 4.05 against the US dollar amid ongoing uncertainties over the war in Iran, which has entered its fifth week.