LATEST NEWS   PM Anwar announces the Progressive Acceleration for Capability and Employment Economic Resilience Package worth over RM710 million to strengthen the stability of the country's labour market | Malaysia continues to maintain the price of BUDI95 at RM1.99 per litre, even though most oil-producing countries have raised their prices - PM Anwar | The government will continue to take the necessary measures in facing global economic uncertainty - PM Anwar | Government proposes extending PERKESO coverage to Malaysians overseas - PM Anwar | Govt committed to empowering women as the main driver of economic growth and social well-being of the country - PM Anwar | 

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Ekuinas Invests In Ain Medicare Via RM1 Bln Tranche IV Fund

KUALA LUMPUR, April 7 (Bernama) -- Ekuiti Nasional Bhd (Ekuinas) has invested in a bumiputera manufacturer of sterile parenteral pharmaceutical products Ain Medicare Sdn Bhd via Ekuinas’ RM1 billion Tranche IV fund.

IJM Shares Down In Early Trade, Sunway's IJM Takeover Attempts Lapse

KUALA LUMPUR, April 7 (Bernama) -- Share prices of IJM Corporation Bhd declined in early trade on Tuesday, while Sunway Bhd shares were marginally higher as Sunway’s conditional voluntary general offer (VGO) had lapsed after failing to meet the condition of securing over 50 per cent shareholders’ acceptance level in IJM.  

Sunway, IJM Takeover Lapses After Failing To Meet 50 Pct Voting Shares

KUALA LUMPUR, April 6 (Bernama) -- Sunway Bhd’s takeover offer for IJM Corporation Bhd has lapsed after failing to meet more than 50 per cent of the voting shares, said Maybank Investment Bank Bhd (Maybank IB).

90 Pct Of Industry Players Expect Supply Chain Disruptions Within Two Weeks — FMM

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 6 (Bernama) -- A Federation of Malaysian Manufacturers (FMM) survey found that 90 per cent of over 200 respondents expect supply chain disruptions within the next two weeks due to the West Asia conflict.

Labuan Holds Workshop To Drive Action-oriented Solutions, Boost Economic Competitiveness

LABUAN, April 6 (Bernama) -- Addressing regulatory gaps, infrastructure constraints, and talent shortages is critical to unlocking Labuan’s economic potential, with stakeholders calling for stronger coordination and faster policy execution to drive sustainable growth.

Geohan's Unit Secures RM103 Mln New Pantai Highway Extension Subcontracts

KUALA LUMPUR, April 6 (Bernama) -- Geohan Corporation Bhd’s unit Geohan Sdn Bhd has secured two subcontract packages with a combined value of RM103 million for the New Pantai Highway Extension from IJM Construction Sdn Bhd.

Bursa Malaysia Remains Lower At Midday Amid Cautious Sentiment

KUALA LUMPUR, April 6 (Bernama) -- Bursa Malaysia finished the morning session lower as continued volatility in global conditions was seen in the near term after US President Donald Trump gave Iran a 48-hour deadline to reopen the Strait of Hormuz.

Ling Leaves Lasting Legacy On Malaysia's Transport Infra Including Seaports, Logistics

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, April 4 (Bernama) -- The late Tun Dr Ling Liong Sik played a defining role in strengthening Malaysia's transport infrastructure, leaving behind a lasting legacy of seaports, airports, and logistics networks that continue to support the country’s competitiveness, industry players said.

Gold Futures Likely To See Cautious Trading Next Week

By Harizah Hanim Mohamed

KUALA LUMPUR, April 4 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade cautiously next week, as markets anticipate that central banks will maintain aggressively hawkish stance due to rising energy-driven inflation.

Malaysia’s Crude Oil Supply Adequate, Almost 40 Pct Of Imports Via Strait Of Hormuz - Petronas

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 3 (Bernama) – Malaysia has a relatively sufficient crude oil supply compared with other ASEAN countries, said national oil and gas company Petroliam Nasional Bhd (Petronas).

Oil Price Surge Driven Not Only By Supply And Demand But Also Shipping Costs, Insurance Premiums - Petronas

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 3 (Bernama) -- The surge in global crude oil prices to as high as US$120 (US$1 = RM4.02) per barrel following the conflict in West Asia is not purely driven by supply and demand, but is also influenced by geopolitical factors, shipping costs, and insurance premiums, according to Petroliam Nasional Bhd (Petronas).

AM Best Affirms CMB Wing Lung Insurance Ratings With Stable Outlook

KUALA LUMPUR, April 3 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Hong Kong’s CMB Wing Lung Insurance Company Limited (CMBWLI), with a stable outlook.