UAE Leaves OPEC And OPEC+ In Huge Blow To Global Oil Producers' Group

KUALA LUMPUR, April 28 (Reuters) -- The United Arab Emirates said on Tuesday it quit OPEC and OPEC+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused a historic energy shock and unsettled the global economy.

Global Oil Prices Rise On Knee-jerk Reaction Following UAE's Exit From OPEC, OPEC+ 

KUALA LUMPUR, April 28 (Bernama) -- Global crude oil prices rose in a knee-jerk reaction following news that the United Arab Emirates (UAE) has left the Organisation of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ alliance.

MDEC Marks 30th Anniversary With Programmes To Advance AI-driven Digital Economy

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, April 28 (Bernama) -- The Malaysia Digital Economy Corporation (MDEC) is rolling out a series of programmes aimed at strengthening Malaysia’s digital economy and advancing its transition into an artificial intelligence (AI)-driven nation.

Biofuel Committee Established To Accelerate National Energy Security Agenda - Akmal

KUALA LUMPUR, April 28 (Bernama) -- The government has established a high-level biofuel committee to coordinate and accelerate the implementation of the national energy security agenda, said Economy Minister Akmal Nasrullah Mohd Nasir.

Local Equity Market Remains Resilient, Reflects Investor Confidence - Akmal Nasrullah

KUALA LUMPUR, April 28 (Bernama) -- The local equity market remained resilient, rising 1.5 per cent last Friday, reflecting investor confidence in the country’s economic fundamentals, Economy Minister Akmal Nasrullah Mohd Nasir said.

Govt Moves To Boost Resilience, Ensure Energy Supply, Contain Costs - Akmal Nasrullah

KUALA LUMPUR, April 28 (Bernama) -- The government is not only focused on stabilising prices, but also on ensuring a secure energy supply and the availability of essential goods, said Economy Minister Akmal Nasrullah Mohd Nasir.

Bursa Malaysia Ends At Intraday High On Improved Local Sentiment

KUALA LUMPUR, April 28 (Bernama) -- Bursa Malaysia rose 0.71 per cent to end at the day’s high on the back of improving local sentiment and selective buying in index-linked counters following the recent pullback.

Singapore’s Top 100 Brands Rise 7 Pct To US$84.1 Bln Value In 2026

KUALA LUMPUR, April 28 (Bernama) -- Singapore’s top 100 brands rose seven per cent year-on-year to a combined value of US$84.1 billion in 2026, driven by growth across the banking, engineering, food and real estate sectors, according to the Brand Finance Singapore 100 2026 report. (US$1 = RM3.95)

Audiencerate, Microsoft, Postel Unite On AI Platform For Italian SMEs

KUALA LUMPUR, April 28 (Bernama) -- Audiencerate has joined as a technology partner in the Microsoft and Postel collaboration focused on the digitalisation of Italian businesses.

Aerospace Industrial Development In Sepang To Drive IDRISS Transformation

SHAH ALAM, April 28 (Bernama) -- A proposed aerospace-focused industrial development in Sepang, Selangor, is set to become a key catalyst in supporting regional transformation under the Integrated Development Region in South Selangor (IDRISS) framework.

Zhongshan Firms Showcase Smart Manufacturing Products In Malaysia Trade Push

KUALA LUMPUR, April 28 (Bernama) -- The first overseas edition of Guangdong’s “Goods Go Global” trade promotion programme has brought more than 70 manufacturers from Zhongshan to Kuala Lumpur, showcasing consumer goods and smart manufacturing products over the weekend.

MIDA, Japan Embassy To Explore Deeper Collaboration For Japanese Businesses

KUALA LUMPUR, April 28 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and the Embassy of Japan in Malaysia have agreed to explore enhanced collaboration frameworks to support Japanese businesses seeking to establish or expand their operations in Malaysia.