29d ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 10 (Bernama) -- Oil prices retreated from their highest level since 2022 to below US$100 per barrel on Tuesday after the Group of Seven (G7) signalled its readiness to release emergency reserves, easing some of the market anxiety triggered by the escalating conflict between the United States and Iran.
29d ago
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).
30d ago
HONG KONG, March 9 (Bernama-Xinhua) -- Hong Kong's stock market ended lower on Monday with the benchmark Hang Seng Index down 1.35 per cent to close at 25,408.46 points, reported Xinhua.
30d ago
KUALA LUMPUR, March 9 (Bernama) -- Younger investors tend to focus less on retirement and more on immediate priorities with building emergency savings ranked first with 46 per cent, funding travel at 39 per cent ranking higher than making large, long-term investments at 15 per cent.
1m ago
KUALA LUMPUR, March 3 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) has maintained Malaysia’s gross domestic product (GDP) growth projection at 4.0 per cent to 5.0 per cent for 2026, reflecting expectations of continued strength in the domestic economy.
1m 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.
1m ago
By Zufazlin Baharuddin & Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 1 (Bernama) -- The US-Iran conflict has significantly disrupted airport operations and is poised to have a material near-term impact on global aviation, with aggregate industry costs potentially exceeding US$1 billion (US$1 = RM3.89) should the situation intensify, an economist said.
1m ago
KUALA LUMPUR, Feb 27 (Bernama) -- Malaysia must not be fixated on the ringgit’s specific exchange rate level but rather on the currency’s long-term strength, as it reflects the overall health of the nation’s economy.
1m ago
LABUAN, Feb 26 (Bernama) -- Megah Port Management Sdn Bhd (MPM), the operator of Labuan Port, is working closely with the Department of Occupational Safety and Health (DOSH) to further enhance workplace safety standards for port employees and port users.
1m ago
KUALA LUMPUR, Feb 24 (Bernama) -- Malaysia, which is largely an export-oriented nation, must not rely solely on tariff adjustments to boost its competitiveness but also diversify its export base, said economist Nadia Jalil.
1m ago
KUALA LUMPUR, Feb 24 (Bernama) -- The ringgit closed lower against the US dollar on Tuesday as issues surrounding the US tariffs are affecting market sentiment, said an economist.
1m ago
KUALA LUMPUR, Feb 24 (Bernama) -- The government will adopt a cautious approach in determining Malaysia’s position on the Agreement on Reciprocal Trade (ART) with the United States, Prime Minister Datuk Seri Anwar Ibrahim said, stressing the need to safeguard national economic and trade interests.