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.

Malaysia Airlines Receives New Boeing 737-8, First Arrival of The Year

KUALA LUMPUR, April 9 (Bernama) -- Malaysia Airlines Bhd has received its 15th Boeing 737-8, the first arrival of the year, which officially landed at Kuala Lumpur International Airport (KLIA) last night.

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.

CPO Futures Snap Three-day Losses To Close Higher On Bargain Buying

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, April 9 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives snapped a three-day losing streak to close higher on Thursday, supported by bargain buying and a recovery in energy prices, a trader said.

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.

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.

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.