24d ago
KUALA LUMPUR, April 7 (Bernama) -- Rising petroleum import prices and disruptions to global logistics caused by the Middle East conflict, which threaten inflation rates and the country’s long-term fiscal stability, serve as a warning for Malaysia to strengthen energy sovereignty by diversifying local energy sources.
28d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 3 (Bernama) – Malaysia has a relatively sufficient crude oil supply compared with other ASEAN countries, said national oil and gas company Petroliam Nasional Bhd (Petronas).
28d 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).
1m ago
KUALA LUMPUR, April 1 (Bernama) -- Bank Negara Malaysia (BNM) has projected Malaysia’s current account surplus to widen to 1.5-2.5 per cent of gross domestic product (GDP) in 2026, according to CIMB Treasury and Market Research.
1m ago
By Anas Abu Hassan
SINGAPORE, March 31 (Bernama) -- The electricity and gas tariffs in Singapore for the second quarter (2Q) of 2026 are expected to increase following the rise in fuel prices amid regional tensions in West Asia, said the Energy Market Authority (EMA).
1m ago
KUALA LUMPUR, March 27 (Bernama) -- Malaysia’s Producer Price Index (PPI) declined by 3.4 per cent year-on-year (y-o-y) in February 2026, after a 2.9 per cent contraction in the previous month, according to Statistics Department Malaysia (DOSM).
1m ago
By Mikhail Raj Abdullah
KUALA LUMPUR, March 26 (Bernama) -- Malaysians should accept the government’s temporary adjustment of the monthly subsidised BUDI95 quota to 200 litres from 300 litres per month effective April, as a reasonable step to reduce fuel subsidy spending and one that is necessary due to escalating crude oil prices.
1m ago
KUALA LUMPUR, March 26 (Bernama) -- GasEntec, the global modular Liquefied Natural Gas (LNG) technology and infrastructure platform, has announced the appointment of Manoj Narender Madnani as its President.
1m ago
KUALA LUMPUR, March 25 (Bernama) -- The risk of reduced application rates for 2026/2027 grain crops across Southeast Asia is increasing, particularly as key application windows approach, posing downside risks to production, according to BMI, a unit of Fitch Solutions.
1m ago
By Saraswathi Muniappan
KUALA LUMPUR, March 23 (Bernama) -- “Force majeure” is French for “major force”, and in legal parlance, this means that an extraordinary event has occurred, such as the war in West Asia, which is beyond the control of a party and excuses them from fulfilling their contract.
1m ago
KUALA LUMPUR, March 20 (Bernama) — Asia-Pacific economies now face rising risks of physical shortages, not only of energy, following the latest Iranian attack on Qatar’s Ras Laffan LNG facilities, including oil and gas but also of fertilisers and, by extension, potentially food later in the year.
1m ago
ISTANBUL, March 20 (Bernama-Anadolu) -- The International Monetary Fund (IMF) said Thursday that a sustained rise in energy prices stemming from the war in West Asia could push global inflation higher and weigh on economic output.