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CAAM Records Improved OTP During Hari Raya Travel Period

PUTRAJAYA, April 17 (Bernama) -- The Civil Aviation Authority of Malaysia (CAAM) recorded steady and improved On-Time Performance (OTP) across Malaysian air travel during the recent Hari Raya Aidilfitri travel period, reflecting effective operational coordination and enhanced air navigation services.

Malaysia Well-positioned To Capture Tech Relocation Amid West Asia Tensions -- MIER

KUALA LUMPUR, April 16 (Bernama) -- Technology firms are seeking to relocate operations to Asia, and Malaysia is well-positioned to capitalise on this development in light of ongoing geopolitical turbulence in the Middle East.

Bursa Malaysia Rebounds On Hopes Of Easing US-Iran Tensions

By Danni Haizal Danial Donald

KUALA LUMPUR, April 16 (Bernama) -- Bursa Malaysia rebounded from early losses to close higher on Thursday supported by a more stable global backdrop amid rising hopes of an easing in United States-Iran tensions following renewed talks.

Labuan Agricultural Income Exceeds RM247 Million In 2023 – DOSM

PUTRAJAYA, April 16 (Bernama) -- Agricultural income for Labuan recorded RM247.14 million in 2023, with the capture fisheries subsector registered as the main contributor at RM217.16 million, according to the Agricultural Census Report 2024 for the Federal Territories published by the Department of Statistics Malaysia (DOSM) today.

UMSKAL Launches Isra Corner To Drive Industry-On-Campus Ecosystem In Islamic Finance

By JAILANI HASAN

LABUAN, April 16 (Bernama) -- Universiti Malaysia Sabah Labuan International Campus (UMSKAL) through its Labuan Faculty of International Finance (FKAL) has launched the ISRA Corner, marking a strategic step towards establishing an Industry-on-Campus (IoC) ecosystem for Islamic finance in Labuan.

AM Best Withdraws Delta Affiliates' Performance Assessment

KUALA LUMPUR, April 16 (Bernama) -- Global credit rating agency, AM Best has affirmed the performance assessment (assessment) of PA-2 (Excellent) of Delta Insurance New Zealand Limited and Delta Underwriting Private Limited.

KUSKOP Steps Up Measures To Ease SME Burden, Engages Banks For Greater Flexibility

KUALA LUMPUR, April 16 (Bernama) -- The government is taking steps to ease the burden on businesses, particularly small and medium enterprises (SMEs), by focusing on reducing ground-level costs and improving access to financing amid rising global challenges.

Malaysia Balances Legal Rights With Diplomacy As Strait Of Hormuz Blockade Tests UNCLOS

KUALA LUMPUR, April 16 (Bernama) – Malaysia’s ability to negotiate with Iran to secure safe passage for its crude oil imports through the vital Strait of Hormuz is not indicative of a failure of the principles of international maritime law, but rather reflects the reality that rights under law often require diplomatic backing, said a logistics expert.

AM Best Affirms New Zealand’s Pinnacle Life Credit Ratings 

KUALA LUMPUR, April 16 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of New Zealand’s Pinnacle Life Limited (Pinnacle Life), with a stable outlook.

Bank Rakyat Declares 18 Per Cent Dividend, Totalling RM534.7 Million For FY2025

KUALA LUMPUR, April 16 (Bernama) -- Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) has announced a dividend payment of 18 per cent, amounting to RM534.7 million for the financial year ended Dec 31, 2025 (FY 2025).

Profit-taking Drags Bursa Malaysia To End Lower

KUALA LUMPUR, April 15 (Bernama) -- Bursa Malaysia erased early gains to end slightly lower on Wednesday, as profit-taking emerged in selected heavyweight counters mainly in financial services and utilities sectors.

BRIDGE Alliance Extends Summit To Five Days, Driving Global Media Transformation

KUALA LUMPUR, April 15 (Bernama) -- BRIDGE Alliance will expand its flagship BRIDGE Summit to five days for its second edition, scheduled to take place beginning Nov 28 at a larger venue on Yas Island in Abu Dhabi, in partnership with Miral, a developer of immersive destinations and experiences in the emirate.