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Oil Rebounds As Markets Track US-Iran Ceasefire, Hormuz Situation

KUALA LUMPUR, April 9 (Bernama) -- Oil prices rebounded towards US$100 per barrel amid lingering uncertainty over the two-week United States-Iran ceasefire and Iran’s renewed closure of the Strait of Hormuz following Israeli strikes on Lebanon.

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.

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.

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.

Indonesia Prepares 15,000 AI Talents, Highlights Digital Push At GrabX

JAKARTA, April 8 (Bernama) -- Indonesia’s push to position digitalisation and artificial intelligence (AI) as new engines of growth is set to support the expansion of platforms such as Grab, with the government preparing 15,000 AI-ready talents this year.

Malaysia, Australia Strengthen Women’s Role In Biotechnology Collaboration

PUTRAJAYA, April 8 (Bernama) -- Malaysia and Australia are committed to strengthening women’s participation and leadership in science, technology and innovation (STI), particularly in biotechnology, in building a more inclusive and competitive national innovation ecosystem.

Bursa Malaysia Higher At Midday

KUALA LUMPUR, April 8 (Bernama) -- Bursa Malaysia ended the morning trading session higher, in tandem with regional markets, amid improving sentiment following the two-week ceasefire deal between the United States and Iran.

Xiaomi Accelerates Smart Home Expansion Amid Growing Adoption In Malaysia

KUALA LUMPUR, April 8 (Bernama) -- Smart home technology is rapidly gaining traction in Malaysia as more households adopt connected devices to enhance convenience, efficiency and control.