| LATEST NEWS | At 6 pm, the ringgit rose to 4.0555/0600 versus the US dollar from Thursday’s close of 4.0650/0690 | MAG group CEO Captain Nasaruddin A. Bakar's appointment to the IATA board is for a three-year term until 2029 | Malaysia Aviation Group president and group CEO Captain Nasaruddin A. Bakar has been appointed to the IATA board of governors | The peace Malaysia enjoys today demonstrates that religious tolerance and harmony can be achieved - PM Anwar | Religious leaders must address the needs of young people amid growing AI-driven disinformation - Perak Sultan | |
KUALA LUMPUR, June 11 (Bernama) -- Weststar Maxus Sdn Bhd and Yinson GreenTech’s e-mobility business, drivEV, today signed a strategic agreement for the procurement of 300 units of the Maxus eDeliver 5 electric commercial van.
KUALA LUMPUR, June 11 (Bernama) -- The government’s initiative to roll out B15 biodiesel blends makes strategic sense as a cheaper feedstock can dampen domestic inflation and reduce fiscal costs, said CGS International Securities Malaysia Sdn Bhd.
KUALA LUMPUR, June 11 (Bernama) -- Government measures to safeguard fuel and supply chains could support production activities in the near term, said Apex Securities Bhd.
KUALA LUMPUR, June 10 (Bernama) -- The government's subsidy bill for RON95 petrol and diesel is projected to remain high at about RM3.5 billion a month at current market prices, amid the ongoing conflict in West Asia, the Ministry of Finance (MOF) said.
KUALA LUMPUR, June 8 (Bernama) -- The ongoing global supply and energy crisis should not be viewed solely as an oil price issue, but as a broader physical disruption that could gradually affect households through rising costs of living, according to Tan Sri Mohd Hassan Marican.
ALOR SETAR, May 26 (Bernama) -- Leakage of subsidised fuel due to smuggling activities continues to pose a major threat to the country’s fiscal position, with the government estimated to be losing billions of ringgit annually following the misuse of subsidised diesel intended for local consumers, according to an economist.
KUALA LUMPUR, May 25 (Bernama) -- The Ministry of Plantation and Commodities (KPK) and the Ministry of Domestic Trade and Cost of Living (KPDN) will collaborate to improve the agribusiness sector’s logistics chain in response to the impact of the global supply crisis.
PUTRAJAYA, May 25 (Bernama) -- The B15 biodiesel implementation in Peninsular Malaysia starting June 1 is set to strengthen the country’s energy security without affecting palm oil export volume while also helping to support the local palm oil industry and accelerate the national green agenda.
KUALA LUMPUR, May 21 (Bernama) -- Petron Malaysia Refining and Marketing Bhd turned to a net loss of RM35.04 million in the first quarter ended March 31, 2026 (1Q 2026), compared with a net profit of RM81.03 million in the same quarter last year.
KUALA LUMPUR, May 19 (Bernama) -- Economy Minister Akmal Nasrullah Ahmad Nasir said the government will continue implementing targeted interventions to ensure the rakyat are not left without appropriate support, particularly in ensuring sufficient supply of essential goods, stable prices and assistance reaching groups that genuinely require help.
KUALA LUMPUR, May 19 (Bernama) -- Malaysia’s inflation, as measured by the Consumer Price Index (CPI), rose 1.9 per cent year-on-year (y-o-y) in April 2026 to 136.9 from 134.3 in the same month last year, said the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, May 19 (Bernama) -- Crude palm oil (CPO) prices are expected to hold around RM4,400 per tonne in June 2026, supported by global biofuel policies, says the Malaysian Palm Oil Council (MPOC).
