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Ringgit Closes Higher Vs US Dollar, Regional Currencies

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.

RHB, Petronas Partner On Sustainable Vendor Financing

KUALA LUMPUR, April 29 (Bernama) -- RHB Bank Bhd (RHB) and Petroliam Nasional Bhd (Petronas) have entered into a memorandum of understanding to collaborate on the implementation of a Sustainable Vendor Financing Programme (SVFP).

Shopee Launches RM150 Mln 'Shopee Lindung Niaga' Initiative To Support Malaysian MSMEs

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.

Malaysia’s Inflation Eases To 1.4 Pct In 2025 -- DOSM

KUALA LUMPUR, April 29 (Bernama) -- Malaysia’s inflation moderated to 1.4 per cent in 2025 as compared to 1.8 per cent in the previous year, supported by the firmer ringgit, sustained household spending and initiatives by the government. 

Labuan Corporation Advisory Council Supports Oil Refinery Proposal

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.

MDEC Marks 30th Anniversary With Programmes To Advance AI-driven Digital Economy

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, April 28 (Bernama) -- The Malaysia Digital Economy Corporation (MDEC) is rolling out a series of programmes aimed at strengthening Malaysia’s digital economy and advancing its transition into an artificial intelligence (AI)-driven nation.

Malaysia's Rising MHIT Costs Mainly Driven By Higher Healthcare Use -- World Bank

KUALA LUMPUR, April 28 (Bernama) -- Cost pressures in Malaysia’s medical and health insurance/takaful (MHIT) sector are driven mainly by higher utilisation of healthcare services and misaligned incentives, rather than sharp increases in treatment prices, according to a World Bank Group report.

Singapore’s Top 100 Brands Rise 7 Pct To US$84.1 Bln Value In 2026

KUALA LUMPUR, April 28 (Bernama) -- Singapore’s top 100 brands rose seven per cent year-on-year to a combined value of US$84.1 billion in 2026, driven by growth across the banking, engineering, food and real estate sectors, according to the Brand Finance Singapore 100 2026 report. (US$1 = RM3.95)

KLCCP Stapled Group Optimistic On Sustaining Growth In 2026 Amid Rising Economic Uncertainties

KUALA LUMPUR, April 28 (Bernama) -- KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (KLCC REIT), collectively known as KLCCP Stapled Group, remain optimistic on sustaining their positive performance in 2026 amid rising economic uncertainties.

Aerospace Industrial Development In Sepang To Drive IDRISS Transformation

SHAH ALAM, April 28 (Bernama) -- A proposed aerospace-focused industrial development in Sepang, Selangor, is set to become a key catalyst in supporting regional transformation under the Integrated Development Region in South Selangor (IDRISS) framework.

MIDA, Japan Embassy To Explore Deeper Collaboration For Japanese Businesses

KUALA LUMPUR, April 28 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and the Embassy of Japan in Malaysia have agreed to explore enhanced collaboration frameworks to support Japanese businesses seeking to establish or expand their operations in Malaysia.

BNM Introduces RM5 Bln Financing Facility To Support SMEs Affected By West Asia Conflict 

KUALA LUMPUR, April 28 (Bernama) -- Bank Negara Malaysia (BNM) has introduced the SME Stabilisation Relief Facility (SME SRF), a RM5 billion financing facility to assist small and medium enterprises (SMEs), including microenterprises, affected by the ongoing West Asia conflict.