AirAsia X's Outlook Resilient On Sustained Travel Demand, Cost-Cutting Measures -- Public Investment Bank

KUALA LUMPUR, April 10 (Bernama) -- AirAsia X Bhd’s (AAX) near-term outlook remains supported by sustained travel demand, despite new fuel surcharges introduced to manage the jet fuel price surge triggered by the West Asia regional conflict, which has led to higher airfares.

Malaysia Airlines Receives New Boeing 737-8, First Arrival of The Year

KUALA LUMPUR, April 9 (Bernama) -- Malaysia Airlines Bhd has received its 15th Boeing 737-8, the first arrival of the year, which officially landed at Kuala Lumpur International Airport (KLIA) last night.

Oil Rebounds As Markets Track US-Iran Ceasefire, Hormuz Situation

KUALA LUMPUR, April 9 (Bernama) -- Oil prices rebounded towards US$100 per barrel amid lingering uncertainty over the two-week United States-Iran ceasefire and Iran’s renewed closure of the Strait of Hormuz following Israeli strikes on Lebanon.

Malaysia Committed To Securing Domestic Energy Supply – Akmal Nasrullah

KUALA LUMPUR, April 8 (Bernama) -- Malaysia reaffirmed its commitment to safeguarding domestic energy supply while continuing to serve as a trusted strategic partner in supporting international energy supply stability, Economy Minister Akmal Nasrullah Mohd Nasir said.

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).

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.

Bank Muamalat Offers Temporary Financial Resilience Assistance To Support Customers

KUALA LUMPUR, April 8 (Bernama) -- Bank Muamalat Malaysia Bhd is offering targeted financial assistance to support customers facing temporary financial pressures arising from global uncertainties, including recent developments in West Asia.

Oil Price Dips Below US$100 Per Barrel On Ceasefire Talks, Upside Risks Remain

By Siti Radziah Hamzah

KUALA LUMPUR, April 8 (Bernama) -- Oil prices fell below US$100 per barrel as the United States and Iran agreed to a two-week ceasefire in exchange for Tehran allowing safe passage through the Strait of Hormuz. 

IILM Prices US$1.335 Bln short-term sukuk amid Global Market Volatility

KUALA LUMPUR, April 7 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has completed the reissuance of US$1.335 billion in short-term sukuk across five tenors: two weeks, one month, three months, six months and nine months.

CPO Futures Close Lower Despite Thailand’s Tighter Export Controls

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, April 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Tuesday, despite Thailand announcing tighter controls on CPO exports.

MTEN Studying Steps To Diversify Fuel Input Sources Amid Global Energy Crisis - Akmal Nasrullah

KUALA LUMPUR, April 7 (Bernama) -- The National Economic Action Council (MTEN) has studied measures to diversify fuel input sources, strengthen strategic cooperation with key trading partners, and ensure the security of production inputs amid the global energy crisis.

AWC Unit Bags RM22.18 Mln Data Centre Job

KUALA LUMPUR, April 7 (Bernama) -- Main Market-listed engineering services group, AWC Bhd, via its wholly-owned subsidiary, Qudotech Sdn Bhd, has inked a RM22.18 million contract from a joint venture contractor (awarder) in relation to a data centre project.