CPO Futures' Bullish Trend Expected To Continue Next Week Amid West Asia War

By Danni Haizal Danial Donald

KUALA LUMPUR, March 14 (Bernama) -- Crude palm oil (CPO) futures trading on Bursa Malaysia Derivatives is expected to remain bullish next week in line with firmer crude oil prices driven by uncertainty created by the ongoing West Asia conflict.

Gold Futures Likely To Trade In Wider Range Next Week Amid Oil Market Volatility

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 14 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is anticipated to trade within a broader range next week, as the oil market now influences the wider macroeconomic narrative.

Rubber Market To Trade Cautiously Next Week Amid West Asia Conflict Uncertainties

By Danni Haizal Danial Donald

KUALA LUMPUR, March 14 (Bernama) -- The Malaysian rubber market is expected to trade cautiously next week, as the market monitors uncertainties around the ongoing West Asia conflict and the closure of the Strait of Hormuz, said industry expert Denis Low.

KLCI Futures Likely To Trade Sideways Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, March 14 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade sideways next week amid the ongoing West Asia conflict.

Daily Life In Hanoi Continues Unabated Despite Work From Home Call To Save On Fuel Costs

From Nur Athirah Mohd Shaharuddin

HANOI, March 14 (Bernama) – Despite the war in West Asia that has spiked oil prices, the people of Vietnam seem oblivious to the consequent inflationary pressures, especially for a nation that depends significantly on imported crude oil.

MITI To Give Explanation On Alleged Excess Capacity, Forced Labour -- Johari

KUALA LUMPUR, March 13 (Bernama) -- Malaysia will give an explanation to the United States (US) regarding allegations of structural excess capacity and production as well as the use of forced labour, which are among issues under probe under Section 301(b) of the US’ Trade Act of 1974.

ASEAN Economic Ministers: Middle East Tensions Pose Risks To Region's Economic Stability, Energy Security

KUALA LUMPUR, March 13 (Bernama) -- Continued tensions in the Middle East will have impact on economic security and stability, the livelihoods of millions of people in the region, and hinder economic progress in ASEAN, according to a joint statement by the ASEAN Economic Ministers.

Malaysia's Economic Performance Still Positive Despite Global Uncertainty -- Chief Statistician

JASIN, March 13 (Bernama) -- Malaysia has continued to show positive economic performance despite global uncertainty, according to the Department of Statistics Malaysia (DOSM) chief statistician Datuk Seri Dr Mohd Uzir Mahidin.

LRT Mutiara Line: Cross-Sea Link Takes Only Eight Minutes, 90 Per Cent Public Support

By R.Ratcharathan

GEORGE TOWN, March 13 (Bernama) -- Set to reshape the future of public transport in Penang, Light Rail Transit (LRT) Mutiara Line aims to link the island’s busy corridors through a fast and efficient light rail network.

KLCI Futures End Lower

KUALA LUMPUR, March 13 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended lower today.

CPO Futures Close Higher For Third Consecutive Day On Firmer Crude Oil

By Danni Haizal Danial Donald

KUALA LUMPUR, March 13 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives close higher for the third consecutive day on Friday, mainly due to strengthening crude oil prices.

Oil Price Shock Could Force Indonesia To Breach Three Per Cent GDP Deficit Rule

JAKARTA, March 13 (Bernama) -- Indonesia may struggle to keep its budget deficit within the legal ceiling of three per cent of gross domestic product (GDP) if global oil prices continue to surge due to prolonged geopolitical tensions, potentially forcing the government to consider extraordinary fiscal measures.