LATEST NEWS   MADANI Govt continues to monitor closely the West Asia crisis and its impact on the economy and people, focusing on maintaining economic resilience, people's well-being - PM Anwar | Ringgit rises to 3.9260/9310 versus US dollar from 3.9365/9410 last Friday | Four individuals, namely Zamri Vinoth, Tamim Dahri, P. Mahendra and Arun Dorasamy, will be charged tomorrow in connection with religious provocation - IGP | The Cabinet has agreed for MTEN to monitor West Asia crisis developments, with in-depth discussions to be held weekly - PM Anwar | MACC corporate manipulation allegations: Police searched several premises owned by a businessman - IGP | 

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Rubber Market Ends Mixed Amid Differing US, China Economic Data

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, March 16 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Monday in tandem with regional rubber futures markets that tracked the economic performance of rubber consuming regions such as the United States and China, a dealer said.

OXMIQ Partners AM Intelligence Labs On India AI Compute Hub

KUALA LUMPUR, March 16 (Bernama) -- OXMIQ Labs (OXMIQ), a GPU architecture and artificial intelligence (AI) technology company, has announced a strategic technology partnership with AM Intelligence Labs to provide data centre and system infrastructure advisory.

IJM Plans India Exit To Unlock Shareholder Value

PETALING JAYA, March 16 (Bernama) -- IJM Corp Bhd plans to exit its highway investments in India as part of its efforts to unlock shareholder value.

Bursa Malaysia Lower At Midday Amid Selected Selling

KUALA LUMPUR, March 16 (Bernama) -- Bursa Malaysia remained lower at midday, weighed down by profit-taking in industrial products and services, consumer products and services, and construction stocks.

Oil Prices Climb Again With Brent Crude Hitting US$106 A Barrel Amid US-Iran Escalation

ISTANBUL, March 16 (Bernama-Anadolu) -- Oil prices rose again, with Brent crude hitting US$106 a barrel early Monday before retreating slightly to over US$104 as an escalation in West Asia tensions persists, Anadolu Ajansi reported.

Founders Connects Event Brings Startups, Investors Together In UAE

KUALA LUMPUR, March 16 (Bernama) -- A networking event in Dubai bringing together startup founders, investors and ecosystem partners highlighted the importance of structured peer-to-peer collaboration within the region’s startup ecosystem, with Dmitry Shubov, founder of Dmitry Shubov Consulting, among those in attendance.

More Than RM7 Bln Mobilised Under MyCIF To Fund Over 11,500 MSMEs -- SC Chairman

KUALA LUMPUR, March 16 (Bernama) -- More than RM7 billion was mobilised under Malaysia Co-investment Fund (MyCIF) to fund over 11,500 micro, small and medium enterprises (MSMEs) and startups since 2019, said Securities Commission chairman Datuk Mohammad Faiz Azmi.

MyCIF Gets Additional RM20 Mln, Total Allocation Hits RM50 Mln In 2026 -- Amir Hamzah

KUALA LUMPUR, March 16 (Bernama) -- The government will allocate an additional RM20 million to the Malaysia Co-investment Fund (MyCIF), in addition to the RM30 million announced in Budget 2026, bringing the total allocation this year to RM50 million.

AM Best Affirms KBFG China Credit Ratings

KUALA LUMPUR, March 16 (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 KBFG Insurance (China) Co Ltd (KBFG China) with a stable outlook.

West Asia Conflict: No Economic Stimulus Planned For Now - Amir Hamzah

KUALA LUMPUR, March 16 (Bernama) -- No economic stimulus package will be introduced for the time being in response to the West Asia conflict, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

PMB Investment Declares 8.88 Sen Distribution Per Unit For PMB Shariah Growth Fund

KUALA LUMPUR, March 16 (Bernama) -- PMB Investment Bhd has declared an income distribution of 8.88 sen per unit for PMB Shariah Growth Fund for the financial year ended Feb 28, 2026, amounting to gross distribution of RM10,593,976.21.

TNB, TM Team Up On Green Energy, Digital Infrastructure

KUALA LUMPUR, March 16 (Bernama) -- Tenaga Nasional Bhd (TNB) and Telekom Malaysia Bhd (TM) have embarked on a strategic collaboration to strengthen cooperation in green energy solutions while developing smarter, more sustainable, and interconnected energy and telecommunications infrastructure across the country.