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MAG Secures Fuel Supply, Optimises Hedging Strategy Amid Global Volatility

KUALA LUMPUR, April 2 (Bernama) —Malaysia Aviation Group (MAG) has secured sufficient fuel supply to sustain operations as per current fuel contract, despite growing concern over shortages and rising oil prices globally.

Shanghai-Based LongCheer Technology Plans To Invest RM500 Mln In Johor

JOHOR BAHRU, April 1 (Bernama) -- Shanghai-based global technology company LongCheer Technology is planning an investment of about RM500 million which is expected to create 200 highly skilled job opportunities in Johor.

Asia Vision Capital Evaluating Richmond Mayor Project In Mount Austin, Johor Bahru

KUALA LUMPUR, April 1 (Bernama) -- Venture capital firm Asia Vision Capital Sdn Bhd, which focuses on structuring and managing real estate private equity investments, is currently evaluating a property project in Mount Austin, Johor Bahru, known as Richmond Mayor. 

Bursa Malaysia Ends Higher, CI Up 1.10 Pct

By Karina Imran

KUALA LUMPUR, April 1 (Bernama) -- Bursa Malaysia closed higher on Wednesday, with the key index rising 1.10 per cent, in line with firm gains across regional markets following a strong rally on Wall Street overnight, said an analyst. 

Rubber Market Ends Firmer Amid Optimism Over Trump's West Asia De-escalation Plan

KUALA LUMPUR, April 1 (Bernama) -- The Kuala Lumpur rubber market ended higher on Tuesday, driven by renewed optimism following US President Donald Trump’s announcement of a potential exit plan from the West Asia conflict within the next two weeks to three weeks, the dealer said.

Airwallex Gains BNM Approval For Full Payment Services In Malaysia

KUALA LUMPUR, April 1 (Bernama) -- Airwallex, a global financial and payments platform, has secured approval from Bank Negara Malaysia (BNM) for its e-money issuing and Class A licences, enabling it to roll out a full suite of payment services in the country.

Energy Commission Will Ensure Supply Of Electricity Generation Feedstock  - CEO

PUTRAJAYA, April 1 (Bernama) -- The Energy Commission (ST) has taken steps to ensure the continued supply of feedstock, particularly gas and coal for electricity generation, as it monitors developments in West Asia with the conflict in the region entering its second month.

Bursa Malaysia Ends Morning Session Higher

KUALA LUMPUR, April 1 (Bernama) -- Bursa Malaysia ended the morning trading session higher, in tandem with regional peers, amid persistent buying in heavyweight stocks, led by banking counters. 

Ringgit Opens Higher Vs Greenback As US Signals Iran Exit

KUALA LUMPUR, April 1 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday as global sentiment improved on hopes that the US may be leaving Iran in a matter of weeks.

World Bank Highlights Three Areas For Malaysia To Strengthen Long-term Positioning Amid West Asia Conflict

KUALA LUMPUR, March 31 (Bernama) -- The World Bank has outlined three key areas Malaysia should focus on to strengthen its long-term economic position amid current global challenges arising from the West Asia conflict.

Malaysia’s Economy Remains Resilient Despite Global Uncertainties - Anwar

KUALA LUMPUR, March 31 (Bernama) -- Malaysia’s economy remains resilient despite rising global uncertainties, with the government widening its “Plan B” measures to ensure continued stability and growth, said Prime Minister Datuk Seri Anwar Ibrahim.

German Group Koerber Invests RM95 Mln In Shah Alam Facility

SHAH ALAM, March 31 (Bernama) -- Koerber Technologies Sdn Bhd, a subsidiary of Germany-based technology group Korber, is investing RM95 million to expand its manufacturing facility here.