14d ago
KUALA LUMPUR, April 17 (Bernama) -- Bursa Malaysia turned higher at midday, lifted by the Department of Statistics Malaysia’s (DOSM) advance estimates showing that the economy is projected to grow by 5.3 per cent in the first quarter of 2026 (1Q 2026).
14d ago
PETALING JAYA, April 17 (Bernama) -- Rising oil prices linked to the West Asia crisis, coupled with the exemption tax implementation on electric vehicles (EVs) by the government are expected to prompt more people to transition to EVs, an expert said.
14d ago
KUALA LUMPUR, April 17 (Bernama) -- Malaysia’s economy is projected to grow by 5.3 per cent in the first quarter of 2026 (1Q 2026) based on advance estimates, reflecting an economy that remains fundamentally resilient, despite rising global uncertainties, particularly elevated oil prices driven by geopolitical tensions, said the Department of Statistics Malaysia (DOSM).
14d ago
KUALA LUMPUR, April 17 (Bernama) -- The oil and gas sector remained positive, although the International Energy Agency (IEA) has sharply revised its 2026 oil demand outlook from growth of 730,000 barrels per day (bpd) to a contraction of 80,000 bpd, reflecting what it described as the largest supply disruption in history.
14d ago
KUALA LUMPUR, April 17 (Bernama) -- Bursa Malaysia opened lower on Friday as mild profit-taking in key index-linked counters weighed on early trade, despite overnight gains on Wall Street.
14d ago
KUALA LUMPUR, April 17 (Bernama) -- The Malaysian Plastics Manufacturers Association (MPMA) expects the country’s plastics manufacturing industry to experience continued volatility in the near to medium term amid the West Asia crisis.
15d ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, April 16 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed marginally higher amid the rise in crude oil prices that continued to lend support to market sentiment, a trader said.
15d ago
KUALA LUMPUR, April 16 (Bernama) -- Technology firms are seeking to relocate operations to Asia, and Malaysia is well-positioned to capitalise on this development in light of ongoing geopolitical turbulence in the Middle East.
15d ago
KUALA LUMPUR, April 16 (Bernama) -- The government is taking steps to ease the burden on businesses, particularly small and medium enterprises (SMEs), by focusing on reducing ground-level costs and improving access to financing amid rising global challenges.
15d ago
PUTRAJAYA, April 16 (Bernama) -- Malaysia and Australia have reaffirmed their commitment to ensuring stable and resilient energy supplies, with both leaders Prime Minister Datuk Seri Anwar Ibrahim and Anthony Albanese stressing the importance of open and predictable trade flows amid global uncertainties.
15d ago
KUALA LUMPUR, April 16 (Bernama) -- Bursa Malaysia edged higher at midday today, supported by improving sentiment amid growing expectations of a de-escalation of tensions in West Asia.
16d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 16 (Bernama) -- The ringgit opened marginally higher against the US dollar today, supported by optimism that renewed US-Iran talks could ease tensions along key global oil routes.