LATEST NEWS   PM Anwar announces the Progressive Acceleration for Capability and Employment Economic Resilience Package worth over RM710 million to strengthen the stability of the country's labour market | Malaysia continues to maintain the price of BUDI95 at RM1.99 per litre, even though most oil-producing countries have raised their prices - PM Anwar | The government will continue to take the necessary measures in facing global economic uncertainty - PM Anwar | Government proposes extending PERKESO coverage to Malaysians overseas - PM Anwar | Govt committed to empowering women as the main driver of economic growth and social well-being of the country - PM Anwar | 

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AirAsia Holds Off On Fuel Hedging Amid Price Surge, Eyes Demand Upside

KUALA LUMPUR, April 6 (Bernama) -- AirAsia has not engaged in fuel hedging despite plans to do so, as rising oil prices and financial constraints hinder the airline’s ability to secure costs.

Bursa Malaysia To Remain Cautious Next Week On Ongoing West Asia Conflict

By Karina Imran

KUALA LUMPUR, April 4 (Bernama) -- Trading on Bursa Malaysia is expected to remain cautious and range-bound next week, as the local bourse continues to be confined within the 1,680–1,740 range driven by the West Asia conflict, said an economist. 

Hassan Marican Appointed As Chairman Of Crisis Management Task Force - Fahmi

KUALA LUMPUR, April 3 (Bernama) -- Tan Sri Mohd Hassan Marican has been appointed as the chairman of the Crisis Management Task Force (PPPK) under the National Economic Action Council (MTEN) to coordinate the government's efforts to address the global energy crisis following the conflict in West Asia.

GoRental Eyes Malaysia Expansion After Goimpact Shows Energy Resilience In Thailand

CHIANG MAI, April 3 (Bernama) -- Singapore-based clean energy solutions provider GoRental Global is positioning Malaysia as a key market for its regional expansion as it scales up its GoImpact initiative to deliver decentralised energy solutions to underserved communities.

National Petroleum Supply Remains Stable, Govt Prepared With Contingency Plans - DPM Fadillah

KUALA LUMPUR, April 2 (Bernama) -- Malaysia’s petroleum supply remains stable and sufficient, and the government has prepared contingency plans to ensure continued supply under any circumstances, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

Global Diesel Prices Surge Amid Supply Constraints, Robust Demand - Rystad Energy  

KUALA LUMPUR, April 2 (Bernama) -- Diesel prices are rising faster than petrol due to structural supply constraints, sustained industrial demand and limited flexibility in refining systems, according to energy research firm Rystad Energy.

PixVerse Enhances Real-Time Model With Shared Worlds, Personalised Avatars

KUALA LUMPUR, April 2 (Bernama) -- PixVerse, a global artificial intelligence (AI) video generation platform, has announced a major update to R1, its real-time world model, introducing shared environments and personalised avatars.

C-Hawk Boosts Southeast Asia Capacity With Malaysia, Vietnam Expansion

KUALA LUMPUR, April 2 (Bernama) -- C-Hawk Technology, a global manufacturer of components, assemblies and systems for the semiconductor and health imaging industries, has expanded its Southeast Asia manufacturing footprint with new facilities in Johor Bahru, Malaysia, and Ho Chi Minh City, Vietnam.

Energy Commission Will Ensure Supply Of Electricity Generation Feedstock  - CEO

PUTRAJAYA, April 1 (Bernama) -- The Energy Commission (ST) has taken steps to ensure the continued supply of feedstock, particularly gas and coal for electricity generation, as it monitors developments in West Asia with the conflict in the region entering its second month.

Energy Security Remains Paramount Amid Escalating Geopolitical Tensions - Petronas 

KUALA LUMPUR, March 31 (Bernama) -- Energy security will remain paramount as the global energy system comes under increasing strain from escalating geopolitical tensions in West Asia, Petroliam Nasional Bhd (Petronas) said today.

Risk Of West Asia Escalation May Push Global Oil Prices Higher -- Rystad Energy

KUALA LUMPUR, March 31 (Bernama) -- Global oil prices could remain elevated if the West Asia conflict escalates further in the absence of a ceasefire, independent research and energy intelligence company Rystad Energy said today.

BNM Favours Targeted Support Amid West Asia Conflict, Signals No Broad Stimulus Package, Says Governor

KUALA LUMPUR, March 31 (Bernama) -- Bank Negara Malaysia (BNM) today signalled no immediate need for a broad stimulus package amid the ongoing West Asia conflict, favouring a holistic and targeted approach as economic conditions remain resilient.