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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.

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).

Labuan To Focus On Four Key Economic Areas To Drive Growth, Says Liew

LABUAN, April 8 (Bernama) -- Four key economic areas have been identified to uplift the socio-economic landscape of the duty-free island of Labuan, according to Deputy Finance Minister Liew Chin Tong.

Hartanah Kenyalang Expects Margin Squeeze From US-Iran War, Implements Cost Measures

KUALA LUMPUR, April 8 (Bernama) -- Hartanah Kenyalang Bhd expects the ongoing United States (US)-Iran war to affect its margins, but the company will mitigate the impact by implementing cost-saving measures.

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).

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.