LATEST NEWS   Decision on 40 per cent of Sabah's revenue is final, no appeal has been filed, MADANI government remains committed to paying claims under MA63 - PM Anwar | Iran's closure of the Strait of Hormuz does not affect the current level of availability and security of the country's electricity supply - DPM Fadillah | Domestic gas supply stable and sufficient to support power plant operations. - DPM Fadillah | 85 pct of domestic consumers will not be affected by international fuel price fluctuations - DPM Fadillah | PM Anwar announces RM1.5 million allocation for upgrading infrastructure at five pondok, tahfiz centres in Sabah | 

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Malaysia Has Some Structural Resilience To External Shocks But Cannot Fully Insulate Itself - Petronas

KUALA LUMPUR, March 12 (Bernama) -- Petroliam Nasional Bhd (Petronas) says the country has a degree of structural resilience to external shocks arising from the ongoing US-Iran conflict. 

Elevated Crude Oil Prices Will Result In Some Mixed Outcomes - Petronas

By Nor Baizura Basri

KUALA LUMPUR, March 11 (Bernama) -- Petronas said the elevated crude oil prices resulting from the US-Iran conflict are expected to produce some mixed outcomes for the company.

West Asia Conflict: First Meeting Of Special Committee Held, Results To Be Presented This Friday

PUTRAJAYA, March 11 (Bernama) -- Finance Minister II Datuk Seri Amir Hamzah Azizan chaired the first meeting of the Special Committee on Energy Security and the Impact of West Asia Conflict today.

Ringgit Ends Higher Vs US Dollar And Other Major Currencies 

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 11 (Bernama) -- The ringgit strengthened against the US dollar, other major currencies, and ASEAN peers at Wednesday’s close following news that the International Energy Agency (IEA) has proposed releasing oil reserves, which could help stabilise global crude oil prices.

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. 

Ringgit Opens Flat Vs US Dollar, Firmer Against Other Majors

KUALA LUMPUR, March 11 (Bernama) -- The ringgit opened firmer against a basket of major currencies but was flat against the US dollar on Wednesday, supported by resilient domestic economic data amid heightened geopolitical tensions and mixed global signals.

Ringgit Rises As Oil Price Falls After Trump Signals Quick End To Iran War

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 10 (Bernama) -- The ringgit ended higher against the US dollar and other major currencies at Tuesday's close following a sharp drop in crude oil prices amid comments from US President Donald Trump suggesting the war in Iran could end soon.

Jet Fuel Surge Hits Asia's Airlines, Carriers Raise Surcharges

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.

Malaysia’s Diverse Tourism Market Can Cushion Impact Of Middle East Conflict -- Hotels' Association

By Abdul Hamid A Rahman

KUALA LUMPUR, March 9 (Bernama) -- Malaysia’s diverse tourism market and growing sustainability focus within the hotel industry are expected to help cushion the impact of the ongoing conflict in the Middle East on the country’s tourism sector.

Strong 2025 Growth Provides Tailwind For Malaysia To Bolster 1Q 2026 Performance - Amir Hamzah

KUALA LUMPUR, March 9 (Bernama) -- Malaysia's economic performance last year, which recorded 5.2 per cent growth, is expected to cushion the country against global economic uncertainties and bolster its performance in the first quarter (1Q) of this year, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

RON95 Can Hold At RM1.99 Amid Oil Price Surge But Fiscal Pressure May Rise, Says Economist

KUALA LUMPUR, March 9 (Bernama) -- Malaysia may be able to maintain the price of RON95 fuel at RM1.99 per litre even if global oil prices rise amid tensions around the Strait of Hormuz, but doing so could increase fiscal pressure and affect fiscal consolidation plans, said an economist.

Heartwarming Skies As Aviation Steps Up To Rescue Stranded Passengers

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.