14d ago
KUALA LUMPUR, April 8 (Bernama) -- Bursa Malaysia ended the morning trading session higher, in tandem with regional markets, amid improving sentiment following the two-week ceasefire deal between the United States and Iran.
14d ago
KUALA LUMPUR, April 8 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects the domestic logistics sector’s growth to remain steady in 2026, benefiting from booming e-commerce, supported by the global tech upcycle led by artificial intelligence (AI) data centre demand, a resilient US economy, and potential trade diversion amid US-China trade tensions.
14d ago
KUALA LUMPUR, April 8 (Bernama) -- Bursa Malaysia opened higher on Wednesday amid a cautious undertone, in line with most regional markets, after US President Donald Trump suspended planned strikes on Iranian infrastructure for two weeks.
14d ago
KUALA LUMPUR, April 7 (Bernama) -- The National Economic Action Council (MTEN) has studied measures to diversify fuel input sources, strengthen strategic cooperation with key trading partners, and ensure the security of production inputs amid the global energy crisis.
14d ago
KUALA LUMPUR, April 7 (Bernama) -- Uzma Bhd’s subsidiary Setegap Ventures Petroleum Sdn Bhd has secured a RM60 million contract from EnQuest Petroleum Production Malaysia Ltd for two years starting Feb 19, 2026, until Feb 18, 2028.
14d ago
BANGI, April 7 (Bernama) -- The ongoing impact of the West Asia crisis has prompted the government to review the current approach to the Budi MADANI RON95 (BUDI95) programme to ensure it reaches those who need it most, said an economist.
15d ago
KUALA LUMPUR, April 7 (Bernama) -- Malaysia’s energy supply is expected to remain sufficient at least until June this year, Prime Minister Datuk Seri Anwar Ibrahim said.
15d 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.
18d 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).
18d 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).
18d 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).
18d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 3 (Bernama) – Petroliam Nasional Bhd (Petronas) has shortened its downstream planning horizon from three months to 45 days to address global energy supply uncertainties.