6d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 3 (Bernama) -- The surge in global crude oil prices to as high as US$120 (US$1 = RM4.02) per barrel following the conflict in West Asia is not purely driven by supply and demand, but is also influenced by geopolitical factors, shipping costs, and insurance premiums, according to Petroliam Nasional Bhd (Petronas).
6d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 3 (Bernama) -- The surge in global oil prices following the conflict in West Asia does not necessarily lead to extraordinary profits, as cost increases also occur across the entire energy value chain, said Petroliam Nasional Bhd (Petronas).
6d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 3 (Bernama) -- Malaysia is in an extremely advantageous position as one of the world’s top palm oil exporters, continuing to supply edible oils to countries which are grappling with rising food prices and fertiliser supply disruptions due to the closure of the Strait of Hormuz.
6d ago
KUALA LUMPUR, April 3 (Bernama) -- Gradiant, a global leader in advanced water and wastewater solutions, has secured a contract to design and deliver a water treatment facility for a hyperscale data centre in Didcot, Oxfordshire, in the United Kingdom (UK).
6d ago
CHIANG MAI, April 3 (Bernama) -- Singapore-based clean energy solutions provider GoRental Global is positioning Malaysia as a key market for its regional expansion as it scales up its GoImpact initiative to deliver decentralised energy solutions to underserved communities.
6d ago
KUALA LUMPUR, April 3 (Bernama) -- Malaysian youths are redefining what work and enterprise can look like in the digital age through content creation, livestreaming, affiliate marketing and digital entrepreneurship on TikTok and TikTok Shop.
7d ago
KUALA LUMPUR, April 2 (Bernama) -- Malaysia’s petroleum supply remains stable and sufficient, and the government has prepared contingency plans to ensure continued supply under any circumstances, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
7d ago
KUALA LUMPUR, April 2 (Bernama) -- Diesel prices are rising faster than petrol due to structural supply constraints, sustained industrial demand and limited flexibility in refining systems, according to energy research firm Rystad Energy.
7d ago
KUALA LUMPUR, April 4 (Bernama) -- Any consideration to introduce additional support or initiatives must be well structured, implemented in phases, and activated when necessary for the people’s well-being, according to Tengku Datuk Seri Zafrul Abdul Aziz.
8d ago
KUALA LUMPUR, April 1 (Bernama) -- Germany’s latest petrol price regulation could reshape automotive demand by accelerating electric vehicle (EV) adoption, while raising broader concerns over inflation and cost pressures in Europe, said an academician.
8d ago
KUALA LUMPUR, March 31 (Bernama) -- The World Bank has outlined three key areas Malaysia should focus on to strengthen its long-term economic position amid current global challenges arising from the West Asia conflict.
9d ago
KUALA LUMPUR, March 31 (Bernama) --The MADANI Government will continue to act proactively based on data and the current reality, including seeking the views of industry players as well as small and medium enterprises (SMEs) in addressing the global energy crisis.