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.

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.

Labuan FSA To Launch Five-year Blueprint To Boost Islamic Finance

LABUAN, April 9 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) is set to launch a new five-year blueprint by the end of this year or early next year, with a strategic focus on strengthening Islamic finance and the digital economy.

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.

MOF: Pump Fuel Prices Reflect Last Week’s Costs Despite Global Drop

KUALA LUMPUR, April 8 (Bernama) -- The Ministry of Finance (MOF) said Malaysia's pump fuel prices have not declined as they are determined based on the previous week’s average prices, not current levels, despite a drop in global crude oil prices.

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.

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.

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).

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.

Digital Realty Opens NRT14 Data Centre To Support AI Infrastructure In Japan

KUALA LUMPUR, April 8 (Bernama) -- Digital Realty, a cloud- and carrier-neutral data centre platform, has opened its NRT14 data centre (NRT14) at the NRT campus in Inzai City, Chiba Prefecture, Japan.