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Budget Reassessment Reasonable If Rising Fuel Subsidy Spending Persists -- Economist

PUTRAJAYA, April 10 (Bernama) -- It would be reasonable to reassess the budget if the government continues to see a drastic increase in BUDI MADANI RON95 (BUD95) subsidy spending, according to an economist.

Unemployment Rate Remains At 2.9 Pct In February - DOSM

PUTRAJAYA, April 10 (Bernama) -- The unemployment rate in February remained at 2.9 per cent, with fewer unemployed people at 506,800, according to the Department of Statistics Malaysia (DOSM).

Bursa Malaysia Slightly Higher At Midday

KUALA LUMPUR, April 10 (Bernama) -- Bursa Malaysia ended the morning trading session slightly higher, lifted by buying interest in banking stocks led by Public Bank and CIMB. 

Bursa Malaysia Edges Higher At Opening

KUALA LUMPUR, April 10 (Bernama) -- Bursa Malaysia opened slightly higher on Friday, taking cues from positive overnight Wall Street performance, ahead of the United States (US)-Iran ceasefire talks in Pakistan this weekend.

Ringgit Extends Gains Against US Dollar On Improved Risk Appetite

By Siti Noor Afera Abu

KUALA LUMPUR, April 10 (Bernama) -- The ringgit remained firm against the US dollar at the opening on Friday, supported by sustained demand for the local currency amid improving risk appetite among traders and investors.

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.

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.

Ringgit Closes Mostly Higher Against Major Currencies, Slightly Lower Versus US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, April 9 (Bernama) -- The ringgit closed mostly higher against major currencies today, but eased slightly against the US dollar amid concerns over the durability of the ceasefire between the United States and Iran.

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.

KLCI Futures End Lower In Tandem With Cash Market

KUALA LUMPUR, April 9 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended lower today, in tandem with the underlying cash market.

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.