Oil Price Shocks, Inflation and the Fragility of the Global Economy
By Dr Phar Kim Beng
Few economic indicators shape global stability as decisively as the price of oil.
By Dr Phar Kim Beng
Few economic indicators shape global stability as decisively as the price of oil.
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.
KUALA LUMPUR, March 9 (Bernama) -- The International Air Transport Association (IATA) reported that in 2025, the global all-accident rate improved to 1.32 accidents per million flights (one accident per 759,646 flights), better than the 1.42 recorded in 2024 but slightly above the 2021–2025 five-year average of 1.27.
By Kisho Kumari Sucedaram
KUALA LUMPUR, March 9 (Bernama) -- The Lufthansa Group, which is strengthening its presence in Southeast Asia, views Malaysia as a lucrative aviation market, especially for leisure and business travellers as airlines recalibrate networks and seek growth opportunities beyond the increasingly volatile Middle East region.
By Kisho Kumari Sucedaram
KUALA LUMPUR, March 8 (Bernama) -- Amid the ongoing conflict in the Middle East, which has thrown the aviation industry into chaos and left thousands of travellers stranded, it is heart-warming to see the global aviation community joining hands to evacuate passengers safely to their respective destinations.
KUALA LUMPUR, March 6 (Bernama) -- Malaysia’s key industrial clusters continue to gain depth and momentum, evolving into strong, self-reinforcing ecosystems that attract quality investments, with Penang securing 83 projects worth RM11.3 billion in 2025, with 78 per cent driven by foreign investors.
KUALA LUMPUR, March 4 (Bernama) -- Lufthansa Airlines has launched its new non-stop flights between Kuala Lumpur (KL) and Frankfurt today, in a move to strengthen its network in Southeast Asia and focusing on growth in the dynamic region.
KUALA LUMPUR, March 4 (Bernama) -- Farm Fresh Bhd announced that its farm director, Jacob Mathan, was the Malaysian killed in a helicopter crash in Pililla, Rizal province, the Philippines, yesterday.
By Kisho Kumari Sucedaram
KUALA LUMPUR, March 4 (Bernama) -- GE Aerospace has accelerated investments in Asia Pacific (APAC) with Malaysia as the cornerstone for its regional maintenance, repair and overhaul (MRO) expansion strategy, as the aerospace major prepares for sustained growth in post-pandemic air travel demand.
KUALA LUMPUR, March 3 (Bernama) -- Malaysia Airlines will temporarily resume services to and from Jeddah (JED), and Madinah (MED) on March 4-8, 2026, following the suspension of services from Feb 28, 2026, due to airspace closures in parts of the Middle East.
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.
By Kisho Kumari Sucedaram
KUALA LUMPUR, March 2 (Bernama) – As the war in the Middle East enters its third day, global aviation continues to be disrupted with commercial flights across the region remaining at a standstill, as major airports continue to be closed and regional airspace restricted, resulting in a mind-boggling 2,000 flights being cancelled.