17d ago
KUALA LUMPUR, March 3 (Bernama) -- Malaysia has a moderate exposure to the ongoing United States-Iran conflict, and the situation is manageable from a macroeconomic standpoint, supported in part by its position as a net oil and gas exporter, said an economist.
17d ago
By K. Naveen Prabu
KUALA LUMPUR, March 3 (Bernama) -- Crude oil prices may head towards the US$90-US$100 per barrel level following the disruption at Saudi Arabian state-owned oil giant Saudi Aramco’s Ras Tanura plant, analysts say.
17d ago
KUALA LUMPUR, March 2 (Bernama) -- Velesto Energy Bhd's (VEB) indirect wholly owned subsidiary, Velesto Drilling Sdn Bhd, has secured a contract worth US$157 million from Petronas Carigali Sdn Bhd (PCSB) to provide a jack-up drilling rig for the PCSB 2026-2030 contract period.
17d ago
KUALA LUMPUR, March 2 (Bernama) -- NanoMalaysia Bhd (NMB) has achieved a major milestone in Malaysia’s energy storage ambitions with the development of a graphene-enhanced sodium-ion battery prototype delivering an energy density exceeding 300 watt-hours per kilogramme (Wh/kg), among the highest in the world.
17d ago
KUALA LUMPUR, March 2 (Bernama) -- Bursa Malaysia ended broadly lower on Monday as risk sentiment deteriorated sharply following renewed escalation in the Middle East conflict, triggering a widespread regional equity sell-off.
17d ago
PUTRAJAYA, March 2 (Bernama) -- Dagang NeXchange Bhd (DNeX) and Majlis Amanah Rakyat (MARA) have inked a memorandum of understanding (MoU) on developing a Unified Data Intelligence Hub as part of a broader artificial intelligence (AI)-driven digital transformation initiative.
17d ago
KUALA LUMPUR, March 2 (Bernama) -- The government has approved the renewal of Lynas Malaysia’s operating licence for 10 years, effective tomorrow, following technical assessments, verification of legal compliance, consideration of national strategic interests, and commitments given by the company.
17d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, March 2 (Bernama) – The global maritime industry is closely monitoring rising tensions in the Middle East, with hull insurance and cargo war risk coverage skyrocketing in response to the current situation.
17d ago
KUALA LUMPUR, March 2 (Bernama) -- Malaysia has renewed Lynas Malaysia’s operating license for 10 years, commencing tomorrow.
17d ago
KUALA LUMPUR, March 2 (Bernama) -- Provincial government work reports from China’s Two Sessions reveal a decentralised approach to technological development, with each province carving out its niche in high-tech, high-efficiency industries.
17d ago
KUALA LUMPUR, March 2 (Bernama) -- Asia’s high-income economies, which heavily rely on commodity imports, are particularly vulnerable to the direct economic fallout from the conflict in the Middle East, according to Moody’s Analytics.
17d ago
KUALA LUMPUR, March 2 (Bernama) -- Bursa Malaysia ended the morning trading session in the red, in tandem with regional markets, as risk appetite for equities was dampened by the ongoing Middle East conflict.