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There are 124 news based on search keyword " damage"

Rystad Energy Sees Limited Long-term Impact On Global LNG Markets Despite Supply Shock

KUALA LUMPUR, March 3 (Bernama) -- Rystad Energy expects the current supply shock to have a limited long-term impact on global gas and liquefied natural gas (LNG) markets, despite an over 52 per cent surge at Europe’s benchmark Title Transfer Facility on March 2, 2026.

Oil Prices May Climb Towards US$90-US$100 On Saudi Aramco’s Ras Tanura Disruption, Analysts Say

By K. Naveen Prabu

KUALA LUMPUR, March 3 (Bernama) -- Crude oil prices may head towards the US$90-US$100 per barrel level following the disruption at Saudi Arabian state-owned oil giant Saudi Aramco’s Ras Tanura plant, analysts say.

US-Iran Conflict Disrupts Global Aviation, Could Cost Industry More Than US$1 Bln 

By Zufazlin Baharuddin & Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 1 (Bernama) -- The US-Iran conflict has significantly disrupted airport operations and is poised to have a material near-term impact on global aviation, with aggregate industry costs potentially exceeding US$1 billion (US$1 = RM3.89) should the situation intensify, an economist said.

Force Majeure Unlikely Despite Strait Of Hormuz Shipping Disruption -- Analyst

KUALA LUMPUR, March 1 (Bernama) -- Gulf national oil companies are unlikely to declare force majeure pre-emptively amid elevated geopolitical risks in the Middle East, following the reported sea traffic disruptions in the Strait of Hormuz, said SPI Asset Management managing partner Stephen Innes today.

Brent Crude Could Jump By US$20 A Barrel On Monday Amid Reported Closure Of Strait Of Hormuz - Rystad Energy

KUALA LUMPUR, March 1 (Bernama) -- Brent crude oil could jump by around US$20 on Monday as risk premiums are rapidly repriced unless clear and credible signals of de-escalation emerge over the weekend following the US-Israel attack on Iran, research and energy intelligence company Rystad Energy said today.

MAHB Imposes RM9.1 Mln Penalty On IJMC-Pestech JV Over KLIA Aerotrain -- MOT

KUALA LUMPUR, Feb 26 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) has imposed a ‘Liquidated and Ascertained Damages’ (LAD) penalty of RM9.1 million on the contractors, ALSTOM IJM Construction Sdn Bhd and Pestech Technology Sdn Bhd (IJMC-Pestech Joint Venture).

Philippine Supreme Court Sets Electronic Notarisation Rules For US-Bound Startups

KUALA LUMPUR, Feb 23 (Bernama) -- The Philippine Supreme Court has enacted a set of rules governing electronic notarisation, establishing the framework for accredited electronic notarisation providers, audio-visual (AV) recorded remote notarisation, tamper-evident storage of recordings, and electronic transmittal of duplicate originals to clerks of court.

AM Best Affirms Hong Leong Insurance (Asia) Credit Ratings As Excellent

KUALA LUMPUR, Jan 26 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Hong Leong Insurance (Asia) Limited (HLIA), maintaining a stable outlook.

IRB Encourages MSMEs To Voluntarily Implement e-Invoicing

KUALA LUMPUR, Jan 21 (Bernama) — The Inland Revenue Board of Malaysia (IRB) is encouraging micro, small and medium enterprises (MSMEs) to voluntarily implement e-Invoicing due to its significant benefits for business operations and to prepare themselves for the digital economy.

KiddeFenwal Launches NATURA Micro, Enhancing Compact Fire Protection Solutions

KUALA LUMPUR, Jan 16 (Bernama) -- KiddeFenwal, a global leader in fire suppression and safety controls, has expanded its inert gas fire protection line with the launch of NATURA Micro, offered through its Kidde Fire Systems brand.

Fertiliser Investment Key To Manage Climate Impacts On Palm Oil -- MPOB

KUALA LUMPUR, Jan 12 (Bernama) -- Fertiliser investment is crucial to ensuring Malaysia’s palm oil sector is protected from lower yields due to climate headwinds.

Maxis Fully Restores Services Affected By Tower Fire In Kuala Kangsar

KUALA LUMPUR, Dec 29 (Bernama) -- Maxis Bhd has fully restored services for customers affected by the fire incident at its telecommunications tower site in Kampung Kelebor, Kuala Kangsar, two days ago.