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BUDI95 Is Seen As A Right Step In Targeted Fuel Subsidy Reform For Malaysia -- World Bank

KUALA LUMPUR, April 9 (Bernama) -- Malaysia’s targeted fuel subsidy reform under BUDI MADANI RON95 (BUDI95) is a step in the right direction amid the West Asia crisis as the government seeks to better manage fiscal pressures while ensuring subsidies are distributed more efficiently.

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.

Bursa Malaysia Lower At Midday

KUALA LUMPUR, April 9 (Bernama) -- Bursa Malaysia ended the morning trading session lower despite positive Wall Street performance overnight as negotiations in West Asia appeared to stall less than a day after a ceasefire agreement was reached.

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.

Bursa Malaysia Lower At Opening

KUALA LUMPUR, April 9 (Bernama) -- Bursa Malaysia opened lower on Thursday despite positive Wall Street performance overnight.  

RHB Bank Intensifies Support For SMEs To Strengthen Business Resilience

KUALA LUMPUR, April 8 (Bernama) -- RHB Bank Bhd (RHB) is intensifying its support for small and medium enterprises (SMEs) through a comprehensive suite of financial assistance and sustainable financing solutions.

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.

Bank Islam, Awaris Launch Will-writing Services Via Mobile Banking App

KUALA LUMPUR, April 8 (Bernama) -- Bank Islam Malaysia Bhd (BIMB), in collaboration with Amanah Warisan Bhd (Awaris), today launched the Awaris will-writing service via BIMB Mobile, making it one of the first Malaysian banks to offer such services through a mobile banking application.

Bursa Malaysia Higher At Midday

KUALA LUMPUR, April 8 (Bernama) -- Bursa Malaysia ended the morning trading session higher, in tandem with regional markets, amid improving sentiment following the two-week ceasefire deal between the United States and Iran.

Domestic Logistics Sector To Remain Steady This Year On E-commerce Boom, AI Tailwinds

KUALA LUMPUR, April 8 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects the domestic logistics sector’s growth to remain steady in 2026, benefiting from booming e-commerce, supported by the global tech upcycle led by artificial intelligence (AI) data centre demand, a resilient US economy, and potential trade diversion amid US-China trade tensions.