| LATEST NEWS | Government may need to review timing and scale of carbon tax implementation -- NRES minister | National Climate Change Bill is still on track to be introduced this year despite current geopolitical situation -- NRES | Government is reviewing implementation of Malaysia’s carbon tax due to current geopolitical situation -- NRES | Global energy crisis: CAAM extends credit period for payment of fees and charges for up to 60 days effective May 1 to maintain sustainability of aviation industry operations -- Loke | RM50 flight ticket rebate for M'sians on Peninsula-Sabah, S'wak and Labuan routes in conjunction with Gawai and Kaamatan, from May 15 to June 14 — Loke | |
LABUAN, April 8 (Bernama) -- Four key economic areas have been identified to uplift the socio-economic landscape of the duty-free island of Labuan, according to Deputy Finance Minister Liew Chin Tong.
By Siti Radziah Hamzah
KUALA LUMPUR, April 8 (Bernama) -- Bursa Malaysia ended broadly higher, with the benchmark index rising 1.16 per cent to close near the 1,700 mark, supported by positive sentiment following news of a two-week ceasefire between the United States (US) and Iran, which includes Tehran allowing safe passage through the Strait of Hormuz.
KUALA LUMPUR, April 8 (Bernama) -- Bursa Malaysia opened higher on Wednesday amid a cautious undertone, in line with most regional markets, after US President Donald Trump suspended planned strikes on Iranian infrastructure for two weeks.
KUALA LUMPUR, April 7 (Bernama) -- Bursa Malaysia ended on a softer note, with the benchmarik index extending its decline to a fourth consecutive day, and falling by nearly 2.0 per cent cumulatively over the period, as investors adopted a defensive stance amid escalating geopolitical conflict in West Asia.
KUALA LUMPUR, April 7 (Bernama) -- Bursa Malaysia extended its decline into mid-afternoon trading, mirroring the broader regional weakness, as investors stayed cautious ahead of United States (US) President Donald Trump’s deadline for Iran to reach a peace agreement.
KUALA LUMPUR, April 7 (Bernama) -- Malaysia’s energy supply is expected to remain sufficient at least until June this year, Prime Minister Datuk Seri Anwar Ibrahim said.
KUALA LUMPUR, April 7 (Bernama) -- Bursa Malaysia ended the morning trading session lower as markets continued to reprice the protracted West Asia conflict.
By Siti Radziah Hamzah
KUALA LUMPUR, April 6 (Bernama) -- Bursa Malaysia ended lower on Monday, with the benchmark index retreating by 0.86 per cent as concerns over escalating tensions in West Asia intensified.
At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 14.67 points to 1,680.83 from Friday’s close of 1,695.50.
KUALA LUMPUR, April 6 (Bernama) -- Bursa Malaysia finished the morning session lower as continued volatility in global conditions was seen in the near term after US President Donald Trump gave Iran a 48-hour deadline to reopen the Strait of Hormuz.
KUALA LUMPUR, April 6 (Bernama) -- Bursa Malaysia opened lower on Monday, as sentiment was pressured by escalating tensions in West Asia and persistent geopolitical uncertainty.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 3 (Bernama) – Malaysia has a relatively sufficient crude oil supply compared with other ASEAN countries, said national oil and gas company Petroliam Nasional Bhd (Petronas).
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 3 (Bernama) -- The surge in global crude oil prices to as high as US$120 (US$1 = RM4.02) per barrel following the conflict in West Asia is not purely driven by supply and demand, but is also influenced by geopolitical factors, shipping costs, and insurance premiums, according to Petroliam Nasional Bhd (Petronas).
