MOF Mulls More Targeted Diesel Subsidy Mechanism For Sabah, Sarawak -- Fahmi

KUALA LUMPUR, April 29 (Bernama) -- The Ministry of Finance (MOF) is studying the implementation of a more targeted diesel subsidy mechanism, similar to BUDI95, for Sabah and Sarawak, said MADANI government spokesperson Datuk Fahmi Fadzil.

Biofuel Committee Established To Accelerate National Energy Security Agenda - Akmal

KUALA LUMPUR, April 28 (Bernama) -- The government has established a high-level biofuel committee to coordinate and accelerate the implementation of the national energy security agenda, said Economy Minister Akmal Nasrullah Mohd Nasir.

Local Equity Market Remains Resilient, Reflects Investor Confidence - Akmal Nasrullah

KUALA LUMPUR, April 28 (Bernama) -- The local equity market remained resilient, rising 1.5 per cent last Friday, reflecting investor confidence in the country’s economic fundamentals, Economy Minister Akmal Nasrullah Mohd Nasir said.

Govt Moves To Boost Resilience, Ensure Energy Supply, Contain Costs - Akmal Nasrullah

KUALA LUMPUR, April 28 (Bernama) -- The government is not only focused on stabilising prices, but also on ensuring a secure energy supply and the availability of essential goods, said Economy Minister Akmal Nasrullah Mohd Nasir.

Early Intervention Cushions Malaysia Against West Asia Shock

By Engku Shariful Azni Engku Ab Latif and N. Kuvineshwaren

KUALA LUMPUR, April 27 (Bernama) -- Malaysia is weathering the fallout from the West Asia crisis better than many peers, supported by early government intervention over the past three years to strengthen economic resilience.

Global Supply Crisis Presents Opportunities, Malaysia Remains Safe Investment Destination - Tengku Zafrul

KUALA LUMPUR, April 26 (Bernama) -- Senior Political Adviser to the Prime Minister Tengku Datuk Seri Zafrul Abdul Aziz said the global supply crisis should be viewed as an opportunity to strengthen Malaysia’s position as a safe investment destination.

Global Plastic Supply Disrupted, Govt Steps Up Efforts To Secure Additional Sources - Fadillah

KUALA LUMPUR, April 24 (Bernama) -- Global plastic supply is currently being affected by disruptions to oil and gas production, as well as uncertainties in the Strait of Hormuz, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

Stronger Collaboration Key To Boost Malaysia’s OGSE Resilience Amid Global Uncertainty

By Karina Imran

KUALA LUMPUR, April 24 (Bernama) -- Malaysia’s energy security continues to be underpinned by a resilient ecosystem involving multiple stakeholders, particularly oil and gas services and equipment (OGSE) players that remain a crucial component of the industry’s value chain.

MTEN Okays Steps To Protect Supply Chains, Domestic Industries - Akmal Nasrullah

KUALA LUMPUR, April 21 (Bernama) -- The National Economic Action Council (MTEN) today approved three proposals covering logistics facilitation, risk mitigation and market expansion to ensure supply chains and the continuity of domestic industries are not severely disrupted amid the global supply crisis.

Govt Will Not Remain Idle In Facing Global Crisis - PM Anwar

KUALA LUMPUR, April 21 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today emphasised that the government will not remain idle in facing the global supply crisis which is becoming increasingly complex.

Government Focuses On Policy Adjustments To Address Cost Pressures, Global Supply Crisis

KUALA LUMPUR, April 21 (Bernama) -- The government is focusing on policy adjustments to manage cost pressures while simultaneously ensuring the supply of basic necessities needed to address the impact of the global supply crisis.

Govt To Roll Out B15 Biodiesel As Over 70 Pct Of Blending Depots Ready

KUALA LUMPUR, April 21 (Bernama) -- More than 70 per cent of blending depots in Malaysia are ready to implement B15 biodiesel using existing facilities, following the government’s announcement to gradually increase the biodiesel blend.