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Kenanga IB Keeps Distributive Trade Forecast At 6.1 Pct Amid Energy-driven Downside Risks

KUALA LUMPUR, April 10 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) maintained its 2026 distributive trade forecast at 6.1 per cent, though downside risks from the ongoing energy crisis may warrant a downward revision.

Sunsuria Increases Stake In KL City Gateway To 61 Pct

KUALA LUMPUR, April 10 (Bernama) -- Sunsuria Bhd has completed its acquisition of an additional 41.00 per cent equity interest in KL City Gateway Sdn Bhd (KLCG), increasing its shareholding from 20 per cent to 61 per cent.

Samaiden, Retailer Tan Boon Ming Turns Shared Clean Energy Vision Into Reality

KUALA LUMPUR, April 8 (Bernama) -- Renewable energy (RE) company Samaiden Group Bhd and home appliances retailer Tan Boon Ming Sdn Bhd (TBM) officially launched their first solar consumer experience at TBM Bangsar Village today, marking the first physical manifestation of their partnership.

Fortrea Launches AI-Powered Suite Of Solutions To Transform Clinical Trials

KUALA LUMPUR, April 8 (Bernama) -- Fortrea, a global clinical research organisation, has introduced Fortrea Intelligent Technology (FIT), a suite of innovative technology solutions designed to transform clinical trial operations.

Grab Unveils 13 AI-Powered Features To Enhance Superapp Experience At GrabX 2026

JAKARTA, April 8 (Bernama) -- Southeast Asia’s top ride-hailing and delivery firm, Grab, has unveiled 13 new artificial intelligence (AI)-powered features at its annual GrabX 2026 showcase, positioning its platform as an intelligent everyday guide aimed at improving daily life, travel convenience, and business operations across Southeast Asia.

RHB Keeps 'Buy' On Kerjaya Prospek After Third Deal

KUALA LUMPUR, April 6 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has maintained a ‘buy’ rating on Kerjaya Prospek Group Bhd (KPG) after the group secured its third contract this year.

Gov’t Takes Precautionary Measures To Mitigate Impact Of Global Energy Crisis - PM

KUALA LUMPUR, April 3 (Bernama) -- The government has taken precautionary measures in coordinating the implementation of national policies, particularly to address the impact of the global energy crisis, said Prime Minister Datuk Seri Anwar Ibrahim.

Oil Price Surge Driven Not Only By Supply And Demand But Also Shipping Costs, Insurance Premiums - Petronas

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 3 (Bernama) -- The surge in global crude oil prices to as high as US$120 (US$1 = RM4.02) per barrel following the conflict in West Asia is not purely driven by supply and demand, but is also influenced by geopolitical factors, shipping costs, and insurance premiums, according to Petroliam Nasional Bhd (Petronas).

RHB Launches RWA, MSIE To Strengthen Financial Well-being

KUALA LUMPUR, April 3 (Bernama) -- RHB Banking Group is reinforcing its commitment to enhancing customers’ financial well-being with the launch of RHB Wealth Advance (RWA) and Takaful mySmart Income Enhanced (MSIE).

Refiners Expected To Cut Runs As Hedgable Economics Drive Decisions -- Rystad Energy

KUALA LUMPUR, April 3 (Bernama) -- Refiners are expected to reduce operating runs as decisions are driven by hedgable economics rather than directional market views, said independent research and energy intelligence company Rystad Energy.

AM Best Affirms CMB Wing Lung Insurance Ratings With Stable Outlook

KUALA LUMPUR, April 3 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Hong Kong’s CMB Wing Lung Insurance Company Limited (CMBWLI), with a stable outlook.

Agrobank AUM Lifts Perak SME Sales To RM6.05 Mln

IPOH, April 2 (Bernama) -- The Agrobank Upward Migration (AUM) programme lifted sales among small and medium enterprise (SME) entrepreneurs in Perak to RM6.05 million in 2025, reinforcing the state’s food security sector.