15d ago
KUALA LUMPUR, April 14 (Bernama) -- The government has agreed to increase the biodiesel blend rate from B10 to B15, beginning with B12, in order to further sustain the country’s diesel supply following the crisis in West Asia.
15d ago
KUALA LUMPUR, April 14 (Bernama) -- The government is reviewing the implementation of Malaysia's carbon tax in light of the current geopilitiocal situation, including the war in West Asia, which is exerting cost pressures on industries, the Ministry of Natural Resources and Environmental Sustainability said.
16d ago
By Siti Radziah Hamzah
KUALA LUMPUR, April 13 (Bernama) -- Malaysia and Thailand have adopted fundamentally different approaches to fuel subsidies, reflecting distinct policy priorities and strategies for managing consumer usage, as both countries strive to balance economic stability with social welfare.
16d ago
KUALA LUMPUR, April 13 (Bernama) -- Crude palm oil inventory is expected to inch down in the second quarter (2Q) of the year, driven by stronger exports as buyers stock up amid uncertainty over the current ceasefire in West Asia.
16d ago
By Nurul Hanis Izmir
PUTRAJAYA, April 13 (Bernama) -- Amid global economic uncertainty driven by geopolitical tensions and volatile crude oil prices, the key question is no longer only how effectively governments can manage the crisis, but how far the public is prepared to help limit its impact.
17d ago
By M. Saraswathi
KUALA LUMPUR, April 12 (Bernama) -- The gravity of a crisis is rarely understood until it intrudes and profoundly affects our daily lives.
18d ago
KUALA LUMPUR, April 10 (Bernama) -- Crude palm oil (CPO) prices are expected to remain elevated, supported by biodiesel mandates, higher oil prices, and weather-related supply risks, said CIMB Securities Sdn Bhd.
19d ago
KUALA LUMPUR, April 10 (Bernama) -- The government has issued a warning to corporates and industries that are supposed to purchase fuel directly from oil companies at market prices but are instead discreetly buying at pump prices.
19d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, April 9 (Bernama) -- The government will focus on ensuring there is sufficient supply of fuel and basic goods to enable economic activities to continue, according to Economy Minister Akmal Nasrullah Mohd Nasir.
20d ago
IPOH, April 9 (Bernama) -- The government has been urged to take immediate steps, including reinstating the Variation of Price (VOP) mechanism for construction materials, to help contractors grappling with rising costs driven by the global energy crisis.
20d ago
KUALA LUMPUR, April 8 (Bernama) -- The Ministry of Finance (MOF) said Malaysia's pump fuel prices have not declined as they are determined based on the previous week’s average prices, not current levels, despite a drop in global crude oil prices.
21d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, April 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Tuesday, despite Thailand announcing tighter controls on CPO exports.