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Indonesia Projects Aidilfitri Homecoming To Boost 5.5-5.6 Pct Economic Growth

JAKARTA, March 23 (Bernama) -- Indonesia expects the Aidilfitri mudik or homecoming momentum to support its 2026 economic growth target of 5.5 to 5.6 per cent year-on-year, with public mobility and spending rising during the festive period.

“Force Majeure” And Its Economic Impact

By Saraswathi Muniappan

KUALA LUMPUR, March 23 (Bernama) -- “Force majeure” is French for “major force”, and in legal parlance, this means that an extraordinary event has occurred, such as the war in West Asia, which is beyond the control of a party, which excuses them from fulfilling their contract. 

Embracing Risk-sharing Business Will Be Game Changer For Malaysia’s Robust Islamic Banking Sector – Economists

By Karina Imran

KUALA LUMPUR, March 23 (Bernama) -- Intense demand coupled with the wider acceptance of shariah-compliant financial products will continue expanding Islamic banking in Malaysia despite stiff competition from the conventional sector, an economist said today.

European Central Bank Leaves Rates Unchanged Amidst Heightened Geopolitical Tensions

FRANKFURT, March 20 (Bernama-Xinhua) -- The European Central Bank (ECB) on Thursday kept key interest rates unchanged as heightened geopolitical tensions weigh on the outlook of inflation and economy in the euro area, reported Xinhua.

Attack On Qatar's LNG Facility Raises Risk Of Wider Supply Disruptions In Asia

KUALA LUMPUR, March 20 (Bernama) — Asia-Pacific economies now face rising risks of physical shortages, not only of energy, following the latest Iranian attack on Qatar’s Ras Laffan LNG facilities, including oil and gas but also of fertilisers and, by extension, potentially food later in the year.

Social Media Sparks Rapid Growth In Malaysia’s “Durian Tourism”

KUALA LUMPUR, March 20 (Bernama) — Malaysia has seen a growing “durian tourism” trend, with international visitors, particularly those from China, increasingly building short breaks and day trips around peak durian seasons and well-known producing areas, which appeal is both culinary and experiential.

IMF Warns Prolonged Energy Price Surge Could Lift Inflation

ISTANBUL, March 20 (Bernama-Anadolu) -- The International Monetary Fund (IMF) said Thursday that a sustained rise in energy prices stemming from the war in West Asia could push global inflation higher and weigh on economic output.

Asian Shares Plunge As Iran Conflict Worsens

BEIJING, March 19 (Bernama-dpa-AFX) -- Asian stocks nosedived on Thursday as rising oil prices following attacks on key energy infrastructure in West Asia rekindled concerns about inflation, interest rates, and the regional growth outlook, reported dpa-AFX.

SJPP Raya Film Reflects SME Growth Journey, Emerging Challenges

KUALA LUMPUR, March 19 (Bernama) -- The realities faced by small and medium enterprises (SMEs), from humble beginnings and shared ambition to the pressures that come with growth, anchor Syarikat Jaminan Pembiayaan Perniagaan Bhd’s (SJPP) first Raya film.

Malaysia’s Inflation Modestly Up 1.4 Pct In Feb 2026 -- DOSM

KUALA LUMPUR, March 19 (Bernama) -- Malaysia’s inflation rose modestly to 1.4 per cent in February 2026, with the consumer price index (CPI) climbing to 136.0 from 134.1 a year earlier, the Department of Statistics Malaysia (DOSM) said.

CPO Prices To Stay Above RM4,450 Per Tonne In Near Term Amid Geopolitical Uncertainties - MPOC

KUALA LUMPUR, March 19 (Bernama) -- Crude palm oil (CPO) prices are expected to remain above RM4,450 in the near term, supported by elevated energy prices and a favourable palm oil-gasoil (POGO) spread, according to the Malaysian Palm Oil Council (MPOC).

Malaysia’s Macro Position Is Stronger To Weather Shock Compared To Pandemic Era, Says World Bank's Apurva

KUALA LUMPUR, March 19 (Bernama) -- Malaysia’s stronger ringgit is helping to ease the impact of rising global import prices, although the country’s import cover has declined, compared with pre-COVID 19 pandemic levels, said the World Bank's lead economist for Malaysia, Dr Apurva Sanghi.