8d ago
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.
10d ago
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.
23d ago
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.
1m ago
KUALA LUMPUR, May 15 (Bernama) -- Malaysia's near-term policy priorities should focus on preserving macroeconomic stability while safeguarding critical buffers amidst the global supply shock due to the West Asia conflict.
1m ago
PUTRAJAYA, May 11 (Bernama) -- The government is refining the appropriate threshold between those who should receive petrol subsidies and those who can be excluded as part of the effort to implement a more targeted subsidy mechanism, said Economy Minister Akmal Nasrullah Mohd Nasir.
1m ago
KUALA LUMPUR, May 4 (Bernama) -- Global supply disruptions caused by geopolitical conflict in West Asia are a clear signal that Malaysia must reduce its reliance on fossil fuels and accelerate the transition to renewable energy, an economic expert has said.
1m ago
By Engku Shariful Azni Engku Ab Latif and N. Kuvineshwaren
KUALA LUMPUR, April 27 (Bernama) -- Malaysia is weathering the fallout from the West Asia crisis better than many peers, supported by early government intervention over the past three years to strengthen economic resilience.
1m ago
BANGI, April 20 (Bernama) -- ASEAN must urgently strengthen regional coordination and craft a cohesive strategy on energy security and economic resilience in response to escalating geopolitical tensions and supply chain disruptions, said Universiti Kebangsaan Malaysia Vice-Chancellor Prof Datuk Dr Sufian Jusoh.
2m ago
By Siti Radziah Hamzah
KUALA LUMPUR, April 13 (Bernama) -- Malaysia and Thailand have adopted fundamentally different approaches to fuel subsidies, reflecting distinct policy priorities and strategies for managing consumer usage, as both countries strive to balance economic stability with social welfare.
2m ago
KUALA LUMPUR, April 10 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) maintained its 2026 distributive trade forecast at 6.1 per cent, though downside risks from the ongoing energy crisis may warrant a downward revision.
2m ago
KUALA LUMPUR, April 10 (Bernama) -- The government has issued a warning to corporates and industries that are supposed to purchase fuel directly from oil companies at market prices but are instead discreetly buying at pump prices.
2m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 26 (Bernama) -- The Malaysian government, under Prime Minister Datuk Seri Anwar Ibrahim’s leadership, is seen to be handling the current surge in oil prices wisely through various measures despite the West Asia conflict entering its fourth week with no signs of easing.