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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.

Penang-Chongqing Direct Flight Boosts Market Presence In China, Regional Exchanges -- Wong

GEORGE TOWN, April 9 (Bernama) -- The new direct flight between Penang and Chongqing underscores the state’s strategic efforts to strengthen its presence in the China market and further enhance air connectivity with Western China, injecting fresh momentum into regional tourism and economic exchanges.

High Jet Fuel Prices Likely To Spark Structural Shakeout In Airline Industry - Aviation Experts

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.

Malaysia Committed To Securing Domestic Energy Supply – Akmal Nasrullah

KUALA LUMPUR, April 8 (Bernama) -- Malaysia reaffirmed its commitment to safeguarding domestic energy supply while continuing to serve as a trusted strategic partner in supporting international energy supply stability, Economy Minister Akmal Nasrullah Mohd Nasir said.

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).

Labuan To Focus On Four Key Economic Areas To Drive Growth, Says Liew

LABUAN, April 8 (Bernama) -- Four key economic areas have been identified to uplift the socio-economic landscape of the duty-free island of Labuan, according to Deputy Finance Minister Liew Chin Tong.

Ringgit Rises To 3.97 Against US Dollar At The Close As US-Iran Reaches Ceasefire Deal

By Abdul Hamid A Rahman

KUALA LUMPUR, April 8 (Bernama) -- The ringgit strengthened to close at 3.97 against the US dollar today, as optimism returned following a two-week ceasefire between the United States and Iran in the West Asia conflict.

Malaysian Exporters Urged To Adopt Proactive, Adaptive Approach Amid West Asia Crisis

KUALA LUMPUR, April 8 (Bernama) -- Malaysian exporters need to adopt a proactive and adaptive approach to navigate the evolving landscape due to the West Asian crisis, according to speakers at a webinar organised by the Malaysia External Trade Development Corporation (MATRADE).

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.

Meiji Pharma Asia Begins Operations In Singapore To Strengthen ASEAN Presence

KUALA LUMPUR, April 8 (Bernama) -- Meiji Seika Pharma Co Ltd has announced that its subsidiary, Meiji Pharma Asia Pte Ltd, commenced operations in Singapore on April 1, marking a strategic move to strengthen its presence in the ASEAN region.

Rubber Futures End Mixed On Weaker Regional Cues, Firmer Ringgit

KUALA LUMPUR, April 8 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Wednesday, weighed by softer regional futures and a firmer ringgit against the US dollar, a dealer said.