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KUALA LUMPUR, June 9 (Bernama) – Malaysia’s monthly fuel subsidy bill climbed to as high as RM7.5 billion at one point in April, as tensions in West Asia pushed up global oil prices and heightened concerns over energy supplies, Finance Minister II Datuk Seri Amir Hamzah Azizan said.
KUALA LUMPUR, June 9 (Bernama) -- Malaysia will maintain its petroleum production quota under the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) for 2026, as previously agreed, Economy Minister Datuk Seri Akmal Nasrullah Ahmad Nasir said.
KUALA LUMPUR, June 9 (Bernama) -- Bursa Malaysia opened slightly lower today with the key index slipping 0.06 per cent even as investors continued to participate in the broader market despite lingering concerns over the West Asia conflict.
PUTRAJAYA, June 8 (Bernama) -- The Malaysia Petroleum Resources Corporation (MPRC) should take a stronger leadership role in helping Malaysian oil and gas services and equipment (OGSE) companies expand beyond the domestic market and build long-term industry resilience, according to Minister of Economy Akmal Nasrullah Mohd Nasir.
KUALA LUMPUR, June 8 (Bernama) -- Overall credit strength across South and Southeast Asia will remain stable over the next 12-18 months, although US dollar strength would weigh on the credit quality for a subset of rated companies with structural currency mismatches, according to Moody’s Ratings.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, June 5 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower on Friday, weighed down by persistent weakness in the Chicago Board of Trade (CBOT) soybean oil futures, a trader said.
KUALA LUMPUR, June 5 (Bernama) -- The increase in the biodiesel mandate from B10 (10 per cent palm-oil-based biodiesel) to B15 will reduce the country’s reliance on export markets, said Federal Land Development Authority (Felda) chairman Datuk Seri Ahmad Shabery Cheek.
KUALA LUMPUR, June 5 (Bernama) -- Crude oil and condensate production recorded a year-on-year decline of 5.5 per cent to 43 million barrels in the first quarter of 2026 (1Q 2026) compared to 45.5 million barrels in the same period last year.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, June 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower on Thursday, pressured by weaker soybean oil prices and softer export performance, a trader said.
KUALA LUMPUR, June 4 (Bernama) -- Malaysia has secured the top position in the Global Islamic Economy Indicator, reaffirming its leadership in the global halal economy, according to the State of the Global Islamic Economy (SGIE) Report 2025/2026.
KUALA LUMPUR, June 3 (Bernama) -- Malaysia’s kopitiam concept could potentially emerge as an exportable identity capable of strengthening tourism branding, food entrepreneurship and cultural influence abroad, according to culinary veteran Chef Rossham Rosli, who has spent 33 years in the industry.
By Anas Abu Hassan
SINGAPORE, June 2 (Bernama) -- The ASEAN+3 Macroeconomic Research Office (AMRO) has revised its inflation projection for ASEAN+3 to 1.8 per cent from 1.4 per cent in 2026, while maintaining growth estimation at 4.0 per cent.
