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EIG’s MidOcean Energy Expands Gorgon LNG Stake Through JERA Acquisition

KUALA LUMPUR, March 12 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, announced it has signed definitive agreements with JERA Co Inc (JERA) to acquire JERA Gorgon Pty Ltd, which holds a 0.417 per cent interest in the Gorgon LNG project.

LTAT Sees Stable 5 Pct Dividend For Fy2026 Backed By Stronger Reserves

KUALA LUMPUR, March 12 (Bernama) -- The Armed Forces Fund Board (LTAT) expects its dividend payout to remain at five per cent for the financial year 2026, supported by a strategy to strengthen reserves to cushion potential market volatility.

Bursa Malaysia Remains Lower At Midday As Oil Price Surge Weighs

By Zufazlin Baharuddin

KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia remained lower at midday, tracking the downbeat performance of regional peers amid dented sentiment from a surge in crude oil prices, with Brent crude hovering above US$100 per barrel at noon (US$1=RM3.91).

Govt Focuses On Economic Stability, Managing Rakyat’s Cost Of Living -- Akmal Nasrullah

PUTRAJAYA, March 12 (Bernama) -- The government will prioritise efforts to maintain economic stability, mitigate the impact on the cost of living, and ensure the domestic economy continues to function well in the wake of current geopolitical challenges and global economic uncertainties.

Economy Ministry Finalising JS-SEZ Masterplan, Investment Blueprint

PUTRAJAYA, March 12 (Bernama) -- The Ministry of Economy is finalising the master plan and investment blueprint for the Johor-Singapore Special Economic Zone (JS-SEZ), which is expected to be launched on March 30 in Johor Bahru.

Trump Says Oil Reserves Release Will Push Prices Down

WASHINGTON, March 12 (Bernama-dpa) -- US President Donald Trump said he will release strategic oil reserves to stabilise rapidly rising prices, adding that the reserves would be replenished afterwards, German Press Agency (dpa) reported.

OGX Group Secures RM72 Mln Orders Amid East Malaysia Expansion

KUALA LUMPUR, March 12 (Bernama) -- ACE Market debutant OGX Group Bhd has secured order books worth RM72 million as of Jan 13, 2026, as it accelerates expansion in East Malaysia.

Xsolla Report Highlights New Growth Opportunities In Global Gaming

KUALA LUMPUR, March 12 (Bernama) -- Xsolla, a global video game commerce company, has released the latest edition of The Xsolla Report, offering insights into emerging opportunities in the gaming industry.

VCI Global Launches AI Compute Treasury Strategy To Drive Global AI Growth

KUALA LUMPUR, March 12 (Bernama) -- VCI Global Limited (VCI Global) has launched an AI Compute Treasury strategy, a long-term initiative to accumulate and deploy high-performance graphics processing unit (GPU) infrastructure to support the growing demand for artificial intelligence inference workloads.

O&G Related Stocks Higher At Early Trade As Crude Oil Prices Surge

KUALA LUMPUR, March 12 (Bernama) -- Oil and gas-related stocks were trading higher at the open after crude oil prices surged following tanker attacks in Iraqi waters amid the US-Iran conflict.

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. 

Bursa Malaysia Opens Lower As Geopolitical Risks Persist

By Zufazlin Baharuddin

KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia opened lower on Thursday, weighed down by softer Wall Street performance amid ongoing US-Iran tensions, while crude oil prices remained elevated.