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KUALA LUMPUR, March 12 (Bernama) -- Airlines feel “pretty powerless” at present amid escalating geopolitical tensions and volatile fuel prices, with little visibility on how the unfolding West Asia conflict will affect the aviation industry, said Tony Fernandes.
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PUTRAJAYA, March 11 (Bernama) -- Finance Minister II Datuk Seri Amir Hamzah Azizan chaired the first meeting of the Special Committee on Energy Security and the Impact of West Asia Conflict today.
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By Danni Haizal Danial Donald
KUALA LUMPUR, March 11 (Bernama) -- The Kuala Lumpur rubber market ended lower today, taking the cue from weaker regional rubber futures and softer Chinese automotive sales, said a dealer.
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SEREMBAN, March 11 (Bernama) -- Negeri Sembilan recorded a record RM19.1 billion in approved investments last year, surpassing its initial target of RM10 billion.
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By Dr Phar Kim Beng
Few economic indicators shape global stability as decisively as the price of oil.
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By Kisho Kumari Sucedaram
KUALA LUMPUR, March 10 (Bernama) -- Airlines in Asia are reviewing fares and operational plans as rising jet fuel prices linked to escalating conflict in West Asia begin to ripple across the aviation industry, with some carriers already introducing fuel surcharge adjustments.
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KUALA LUMPUR, March 10 (Bernama) -- A coordinated government–industry response is needed to address the growing impact of the Iran-US-Israel conflict and the disruption around the Strait of Hormuz on Malaysia’s manufacturing exports and maritime trade, said the Federation of Malaysian Manufacturing (FMM).
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KUALA LUMPUR, March 10 (Bernama) -- RHB Investment Bank Bhd (RHB IB) maintained a “neutral” call on the transportation sector, with the ongoing West Asia conflict expected to have a limited impact on Westports Holdings Bhd, while logistics companies could benefit from higher freight rates.
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By Abdul Hamid A Rahman
KUALA LUMPUR, March 10 (Bernama) -- Household financial discipline is just as critical as national economic resilience, particularly amid global uncertainties that could affect prices, incomes and overall financial stability.
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KUALA LUMPUR, March 9 (Bernama) -- Following the surge in global oil prices on March 9, Asian governments face heightened fiscal and inflationary risks from rising global oil prices as the region remains structurally dependent on energy imports, said OCBC.
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By Danni Haizal Danial Donald
KUALA LUMPUR, March 9 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, rallying above RM4,500, the highest level since last October.
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By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 9 (Bernama) -- Bursa Malaysia closed broadly lower today in line with widespread selling across regional markets as the intensifying conflict in the Middle East dampened investor sentiment and reignited concerns over global inflation.