KUALA LUMPUR, April 9 (Bernama) -- Alliance Bank Malaysia Bhd and Standard Chartered Malaysia announced their commitment today to support customers affected by ongoing geopolitical and economic uncertainties.
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.
By Kisho Kumari Sucedaram
KUALA LUMPUR, April 9 (Bernama) -- Rising fuel prices can precipitate a structural shakeout in the airline industry via consolidation, as well as signal the demise of weak and badly run airlines, an aviation analyst warned today.
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).
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.
SINGAPORE, April 8 (Bernama) -- The International Air Transport Association (IATA) anticipates a gradual recovery for the aviation industry within a few months, particularly in the Gulf region, amid the recent developments in conflicts in West Asia.
KUALA LUMPUR, April 8 (Bernama) -- Bank Muamalat Malaysia Bhd is offering targeted financial assistance to support customers facing temporary financial pressures arising from global uncertainties, including recent developments in West Asia.
KUALA LUMPUR, April 7 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has completed the reissuance of US$1.335 billion in short-term sukuk across five tenors: two weeks, one month, three months, six months and nine months.
KUALA LUMPUR, April 7 (Bernama) -- The National Economic Action Council (MTEN) has studied measures to diversify fuel input sources, strengthen strategic cooperation with key trading partners, and ensure the security of production inputs amid the global energy crisis.
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.
BANGI, April 7 (Bernama) -- Malaysia’s strong economic fundamentals have enabled the country to face and weather global uncertainties, including protracted conflicts in West Asia, said Ambank Group chief economist Firdaos Rosli.
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).
