Airlines Feel 'Powerless' Amid West Asia Conflict, But AirAsia Remains Resilient - Tony Fernandes

KUALA LUMPUR, March 12 (Bernama) -- Airlines feel “pretty powerless” at present amid escalating geopolitical tensions and volatile fuel prices, with little visibility on how the unfolding West Asia conflict will affect the aviation industry, said Tony Fernandes.

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.

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. 

US-Iran Conflict And Energy Lockdowns: What's Next For Asia?

By Saraswathi Muniappan

KUALA LUMPUR, March 12 (Bernama) -- The latest disruption to global trade due to the United States-Iran conflict is hardly surprising.

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.

CPO Futures End Higher On Firmer Crude Oil Prices

By Danni Haizal Danial Donald

KUALA LUMPUR, March 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives finished higher on Wednesday, mainly supported by firmer crude oil prices.

West Asia Conflict: Special Committee On Economic Impact To Begin Work, Present Report Friday - Fahmi 

PUTRAJAYA, March 11 (Bernama) -- A special committee chaired by Finance Minister II Datuk Seri Amir Hamzah Azizan is being activated to study economic developments and impact following the United States (US)–Iran conflict, said MADANI Government spokesman Datuk Fahmi Fadzil.

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.

Govt Maintains Targeted Fuel Subsidies, RON95 Remains At RM1.99 Per Litre - MOF

KUALA LUMPUR, March 11 (Bernama) --  The MADANI Government is maintaining the price of RON95 fuel under the BUDI95 initiative at RM1.99 per litre, even though the pump prices of RON95 petrol and diesel have increased following the rise in global oil prices.

West Asia Conflict: Special Committee On Economic Impact To Begin Work, Present Report Friday - Fahmi 

PUTRAJAYA, March 11 (Bernama) -- A special committee chaired by Finance Minister II Datuk Seri Amir Hamzah Azizan is being activated to study economic developments and impact following the United States (US)–Iran conflict, said MADANI Government spokesman Datuk Fahmi Fadzil.

Bursa Malaysia Ends Higher On Improved Sentiment Over Potential Strategic Oil Reserve Release

KUALA LUMPUR, March 11 (Bernama) -- Bursa Malaysia extended its upward trend to close higher on Wednesday, supported by improved market sentiment following reports of a potential release of strategic oil reserves aimed at easing the recent surge in global energy prices, said an analyst.

Kuala Lumpur Rubber Market Ends Lower, Tracking Regional Peers' Performance

By Danni Haizal Danial Donald

KUALA LUMPUR, March 11 (Bernama) -- The Kuala Lumpur rubber market ended lower today, taking the cue from weaker regional rubber futures and softer Chinese automotive sales, said a dealer.