Strait Of Hormuz Reopening A Positive Step, Supply Security A Priority -- Akmal Nasrullah

KUALA LUMPUR, April 18 (Bernama) -- Economy Minister Akmal Nasrullah Mohd Nasir today described Iran’s commitment to keeping the strategic Strait of Hormuz open as a positive step.

Malaysia's Plastics Manufacturing Industry To Experience Continuous Volatiltiy -- MPMA

KUALA LUMPUR, April 17 (Bernama) -- The Malaysian Plastics Manufacturers Association (MPMA) expects the country’s plastics manufacturing industry to experience continued volatility in the near to medium term amid the West Asia crisis. 

Malaysia, Australia Strengthen Energy Security Cooperation, Commit To Open Trade, Resilient Supply Chains

PUTRAJAYA, April 16 (Bernama) -- Malaysia and Australia have reaffirmed their commitment to ensuring stable and resilient energy supplies, with both leaders Prime Minister Datuk Seri Anwar Ibrahim and Anthony Albanese stressing the importance of open and predictable trade flows amid global uncertainties.

Petronas Confirms Fuel Supply At Its Stations Secured Through June

KUALA LUMPUR, April 15 (Bernama) -- Petroliam Nasional Bhd (Petronas) confirms that fuel supply across its network of stations nationwide has been secured through the end of June 2026, an extension from its earlier projection of end May 2026.

NEAC Sets Direction To Handle Energy Crisis, Guarantee Basic Supply – PM Anwar

KUALA LUMPUR, April 14 (Bernama) -- The National Economic Action Council (NEAC) meeting has set a clear direction in managing the global energy crisis, which is increasingly acute and expected to be prolonged, by emphasising the main approach to guaranteeing the supply of energy and basic goods so that the people's daily lives are not affected.

Malaysia, Thailand Take Different Approaches To Fuel Subsidies Amid Oil Price Volatility

By Siti Radziah Hamzah

KUALA LUMPUR, April 13 (Bernama) -- Malaysia and Thailand have adopted fundamentally different approaches to fuel subsidies, reflecting distinct policy priorities and strategies for managing consumer usage, as both countries strive to balance economic stability with social welfare.

Ringgit Closes Lower Vs Greenback As West Asia Tensions Weigh

By Zufazlin Baharuddin

KUALA LUMPUR, April 13 (Bernama) --  The ringgit closed lower against the US dollar on Monday as rising uncertainties in West Asia weighed on sentiment, said an analyst.

Rubber Market To Trade Range-Bound Next Week Amid Supply Concerns

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, April 11 (Bernama) -- The rubber market is expected to trade range-bound next week, tracking regional rubber futures amid ongoing supply concerns, said the Malaysian Rubber Glove Manufacturers Association (MARGMA).

US$50 Bln In Financial Support Needed As West Asia Conflict Tests Global Economy - IMF

KUALA LUMPUR, April 10 (Bernama) -- The global economy is facing renewed strain from the ongoing conflict in West Asia, with up to US$50 billion (US$1 = RM3.98) in financial support potentially needed to help vulnerable countries weather the shock, according to the International Monetary Fund (IMF).

Global Energy Crisis: Govt To Ensure Sufficient Supply Of Fuel, Basic Goods

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, April 9 (Bernama) -- The government will focus on ensuring there is sufficient supply of fuel and basic goods to enable economic activities to continue, according to Economy Minister Akmal Nasrullah Mohd Nasir.

Oil Price Dips Below US$100 Per Barrel On Ceasefire Talks, Upside Risks Remain

By Siti Radziah Hamzah

KUALA LUMPUR, April 8 (Bernama) -- Oil prices fell below US$100 per barrel as the United States and Iran agreed to a two-week ceasefire in exchange for Tehran allowing safe passage through the Strait of Hormuz. 

MTEN Studying Steps To Diversify Fuel Input Sources Amid Global Energy Crisis - Akmal Nasrullah

KUALA LUMPUR, April 7 (Bernama) -- The National Economic Action Council (MTEN) has studied measures to diversify fuel input sources, strengthen strategic cooperation with key trading partners, and ensure the security of production inputs amid the global energy crisis.