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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.

KLCI Futures Lower In Early Trade

KUALA LUMPUR, April 9 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened lower on Bursa Malaysia Derivatives on Thursday. 

AstroBiz Launches All‑New BizOne Rewards With RM17.5 Mln In Guaranteed Marketing Support

KUALA LUMPUR, April 9 (Bernama) -- Astro Malaysia Holdings Bhd has announced the continuation of its rewards campaign with the launch of the all-new Astro BizOne Rewards Campaign under Astro BizOne, a simplified package for food and beverage (F&B) outlets.

Bursa Malaysia Lower At Opening

KUALA LUMPUR, April 9 (Bernama) -- Bursa Malaysia opened lower on Thursday despite positive Wall Street performance overnight.  

Ringgit Holds Firm At 3.97 Vs US Dollar, Stronger Against Major Currencies

KUALA LUMPUR, April 9 (Bernama) -- The ringgit remained firmer at the 3.97 level against the US dollar and other major currencies at Thursday’s opening, supported by improved market optimism following the two-week ceasefire, which spurred risk-on sentiment.

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.

CPO Futures End Lower, Tracking Crude Oil Weakness

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, April 8 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Wednesday, mirroring the decline in oil prices following the ceasefire announced by the United States and Iran, said Fastmarkets Palm Oil Analytics senior analyst Sathia Varqa.

Task Force Submits Suggestions To Address Labuan’s Industrial Challenges

LABUAN, April 8 (Bernama) -- Several recommendations to address economic hurdles affecting industry players in Labuan have been submitted to Minister in the Prime Minister’s Department (Federal Territories) Hannah Yeoh.

Gold Futures End Higher, Tracking US COMEX Gains

KUALA LUMPUR, April 8 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, tracking gains on the United States COMEX gold market.

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).