KUALA LUMPUR, March 2 (Bernama) -- The United States-Iran conflict could result in Brent crude prices posting a “knee-jerk” move of US$15-US$20 per barrel (bbl) (US$1=RM3.89) from the latest close, potentially lifting it towards the US$90 bbl level, said Public Investment Bank Bhd (Public IB).
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.
KUALA LUMPUR, Feb 27 (Bernama) -- Malaysia’s official reserve assets amounted to US$126.87 billion (US$1=RM3.88) as at end-January 2026, as compared to US$125.53 billion as at end-December 2025.
KUALA LUMPUR, Feb 26 (Bernama) -- The ringgit’s roughly 10 per cent appreciation against the US dollar in 2025 has lowered the cost of imported technology and equipment, making it an opportune time to adopt new software and machinery, said ber
KUALA LUMPUR, Feb 26 (Bernama) — More than 1,400 local vendors have received payments following the government’s RM1.1 billion investment in Vantris Energy Bhd, said Finance Minister II Amir Hamzah Azizan.
By Danni Haizal Danial Donald
KUALA LUMPUR, Feb 25 (Bernama) -- Crude palm oil (CPO) prices are expected to remain stable in the near term at around RM4,000 per tonne, supported by strengthening demand amid Indonesia’s plan to implement the B50 biodiesel mandate, according to the Malaysian Palm Oil Board (MPOB).
KUALA LUMPUR, Feb 25 (Bernama) -- The overall impact of ringgit movements on Malaysia’s trade competitiveness is expected to remain manageable, Finance Minister II Datuk Seri Amir Hamzah Azizan said.
KUALA LUMPUR, Feb 24 (Bernama) -- The Inland Revenue Board (IRB) has issued nearly 200,000 Tax Installment Payment Notices (CP500) to taxpayers with an estimated tax amount of RM1.1 billion, up to January 2026, according to the Ministry of Finance (MoF).
KUALA LUMPUR, Feb 24 (Bernama) -- The Malaysian Palm Oil Board’s (MPOB) delay in submitting its financial statements was caused by unexpected technical problems during the development phase of MPOB’s new accounting and finance system, MPOB MyFAS, said Minister of Plantation and Commodities Datuk Seri Dr Noraini Ahmad.
KUALA LUMPUR, Feb 23 (Bernama) -- CIMB Treasury and Markets Research has maintained its forecast for Malaysia’s gross domestic product (GDP) growth at 4.5 per cent in 2026, despite the US Supreme Court striking down the International Emergency Economic Powers Act (IEEPA) tariffs.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 23 (Bernama) -- The ringgit touched an eight-year high against the US dollar at today’s opening, supported by strong domestic economic data and a softer US growth outlook, as markets digested renewed uncertainty surrounding Washington’s tariff policies, said an economist.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Feb 22 (Bernama) -- Many Malaysians may be tightening their belts, but when it comes to Hari Raya Aidilfitri, cutting back is often not an option, as households continue to prioritise festive spending despite ongoing cost-of-living pressures.
