KUALA LUMPUR, April 10 (Bernama) -- The global economy is facing renewed strain from the ongoing conflict in West Asia, with up to US$50 billion (US$1 = RM3.98) in financial support potentially needed to help vulnerable countries weather the shock, according to the International Monetary Fund (IMF).
GEORGE TOWN, April 9 (Bernama) -- The Entrepreneur and Cooperatives Development Ministry has announced up to RM5 billion in low-cost financing for small and medium enterprises (SMEs) to drive growth and transformation.
By Abdul Hamid A Rahman
KUALA LUMPUR, April 9 (Bernama) -- The ringgit closed mostly higher against major currencies today, but eased slightly against the US dollar amid concerns over the durability of the ceasefire between the United States and Iran.
KOTA KINABALU, April 9 (Bernama) -- The Bumiputera Agenda Steering Unit (TERAJU) has introduced the Bumiputera Sabah and Sarawak Scale-Up Fund (BSSF) as a strategic driver to accelerate the growth and scaling of Bumiputera companies in Sabah.
KUALA LUMPUR, April 9 (Bernama) -- Digital Realty, the world's largest cloud- and carrier-neutral data centre platform, announced plans to invest nearly SG$7 billion in Singapore, reinforcing the city-state’s role as a strategic artificial intelligence (AI) infrastructure hub for Asia Pacific. (SG$1 = RM3.11)
KUALA LUMPUR, April 9 (Bernama) -- Dorsett Hospitality International (DHI), a subsidiary of Far East Consortium International Limited (FEC), will open Dao by Dorsett Puteri Cove on May 15, marking the brand’s debut in Malaysia.
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.
KUALA LUMPUR, April 9 (Bernama) -- Bursa Malaysia opened lower on Thursday despite positive Wall Street performance overnight.
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.
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).
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.
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.
