11d ago
KUALA LUMPUR, June 23 (Bernama) -- Petronas LNG Sdn Bhd (PLSB), a subsidiary of Petroliam Nasional Bhd (Petronas), has entered into a strategic liquefied natural gas (LNG) arrangement with the Japan Organisation for Metals and Energy Security (JOGMEC).
11d ago
KUALA LUMPUR, June 23 (Bernama) -- Crude oil prices are expected to rise towards US$85 per barrel in the near term, driven by supply-side risks stemming from recent geopolitical developments, according to CIMB Securities Sdn Bhd.
11d ago
KUALA LUMPUR, June 23 (Bernama) -- The ringgit opened higher against the US dollar and a basket of major currencies on Monday despite a strong US Dollar Index (DXY) as ongoing geopolitical tensions, with the United States’ (US) involvement in the Israel-Iran conflict, in focus, said an analyst.
12d ago
By Siti Noor Afera Abu
KUALA LUMPUR, June 22 (Bernama) -- Economists are maintaining a cautious stance on Malaysia’s trade outlook this year due to persistent global tariff uncertainty, which is expected to weigh on the country’s trade and manufacturing performance.
13d ago
KUALA LUMPUR, June 21 (Bernama) -- The government has completed the administrative (sunset) review and made an affirmative final determination to continue imposing anti-dumping duties on imports of cold rolled coils (CRC) of iron or non-alloy steel (over 1,300mm wide) from China and Japan, excluding those used for automotive and transformer finwall applications, or tin mill black plate.
13d ago
By Zarul Effendi Razali
KUALA LUMPUR, June 21 Bernama) -- The ringgit is expected to stay defensive within a tight range next week, as traders and investors will continue to observe the military conflict in the Middle East, said an analyst.
13d ago
By Zarul Effendi Razali
KUALA LUMPUR, June 20 (Bernama) -- The ringgit rebounded from yesterday’s losses to end higher against the US dollar on Friday, as the latest developments on the Iran-Israel war sparked some buying interest in emerging currencies, a dealer said.
13d ago
KUALA LUMPUR, June 20 (Bernama) -- CIMB Securities Sdn Bhd has projected the upcoming Sales and Service Tax (SST) expansion in July 2025 to have a limited direct impact on the automotive sector.
14d ago
KUALA LUMPUR, June 20 (Bernama) -- The ringgit opened higher against the US dollar on Friday as investors remained in cautious mode amid the escalating conflict in the Middle East, said an analyst.
14d ago
By Kamarul Ariffin Md Yasin & Siti Nurhana Shafirah Mat Nazir
KUALA LUMPUR, June 19 (Bernama) -- Petroliam Nasional Bhd (Petronas) must face new demands in the energy transition era to remain relevant amid current economic uncertainties and geopolitical tensions.
14d ago
By Abdul Hamid A Rahman and K Naveen Prabu
KUALA LUMPUR, June 19 (Bernama) -- The Malaysian rubber market ended mixed today, influenced by the downtrend in regional rubber futures markets, a dealer said.
14d ago
ISKANDAR PUTERI, June 19 (Bernama) -- The Invest Malaysia Facilitation Centre-Johor (IMFC-J) has received a total of 439 investment-related enquiries within just five months since its launch in February this year.