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KUALA LUMPUR, April 29 (Bernama) -- The banking industry is encouraging micro, small and medium enterprises (MSMEs) affected by the ongoing West Asia conflict to engage with their respective banks at an early stage to explore suitable solutions, including repayment assistance, restructuring, and working capital support.
By Abdul Hamid A Rahman
KUALA LUMPUR, April 29 (Bernama) -- The ringgit closed higher against the US dollar and regional currencies, due to easing crude oil concerns following the United Arab Emirates’ (UAE) exit from the Organization of the Petroleum Exporting Countries (OPEC) pact.
KUALA LUMPUR, April 29 (Bernama) -- The Ministry of Finance (MOF) is studying the implementation of a more targeted diesel subsidy mechanism, similar to BUDI95, for Sabah and Sarawak, said MADANI government spokesperson Datuk Fahmi Fadzil.
KUALA LUMPUR, April 29 (Bernama) -- Understanding how global energy shocks transmit through production and supply chain networks is the key policy challenge for ASEAN economies, particularly in the wake of disruptions linked to the Iran-Strait of Hormuz.
KUALA LUMPUR, April 29 (Bernama) -- HOK has announced the acquisition of ROSSETTI, a Detroit-based architecture firm, to strengthen its position as one of the leading sports, recreation and entertainment design practices.
KUALA LUMPUR, April 29 (Bernama) -- Shopee has launched Shopee Lindung Niaga, a RM150 million initiative designed to support Malaysian micro, small and medium enterprises (MSMEs) through practical measures across shipping, working capital and fulfilment.
KUALA LUMPUR, April 29 (Bernama) -- Bursa Malaysia ended the morning session lower, tracking regional peers as investor sentiment was dented following reports of the United Arab Emirates’ (UAE) move to exit the Organisation of the Petroleum Exporting Countries and its allies (OPEC+).
LABUAN, April 29 (Bernama) — The Labuan Corporation Advisory Council has unanimously agreed to support a proposal to establish an oil refinery on the island, describing it as a strategic move to spur economic growth and create employment opportunities.
KUALA LUMPUR, April 29 (Bernama) -- The ringgit strengthened against the US dollar but was mixed against other currencies in early trade today, amid cautious sentiment over oil price volatility and developments in the Strait of Hormuz, an analyst said.
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.
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.
By K. Naveen Prabu
KUALA LUMPUR, April 28 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mixed today, despite higher crude oil prices, a trader said.
