5d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 3 (Bernama) -- The surge in global oil prices following the conflict in West Asia does not necessarily lead to extraordinary profits, as cost increases also occur across the entire energy value chain, said Petroliam Nasional Bhd (Petronas).
5d ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, April 2 (Bernama) -- Malaysia Aviation Group (MAG) has reaffirmed that its Hajj flight operations for the 2026 season will proceed as scheduled despite ongoing geopolitical tensions in West Asia that have disrupted air travel in parts of the region.
5d ago
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.
6d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 3 (Bernama) -- Malaysia is in an extremely advantageous position as one of the world’s top palm oil exporters, continuing to supply edible oils to countries which are grappling with rising food prices and fertiliser supply disruptions due to the closure of the Strait of Hormuz.
6d ago
KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia closed marginally lower on Friday, as cautious sentiment persisted, with investors remaining on the sidelines amid ongoing conflicts in West Asia, said an analyst.
6d ago
KUALA LUMPUR, April 3 (Bernama) -- Refiners are expected to reduce operating runs as decisions are driven by hedgable economics rather than directional market views, said independent research and energy intelligence company Rystad Energy.
6d ago
KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia rose in early trade Friday as investors assessed risks from the ongoing conflict in West Asia.
6d ago
KUALA LUMPUR, April 2 (Bernama) -- Malaysia needs to enhance its relations with Japan as a weapon to boost competitiveness in the global market and increase investment in high-end niche technology industries, said key speakers at the New Japan-Malaysia Industrial Cooperation Seminar.
6d ago
KUALA LUMPUR, April 2 (Bernama) -- Malaysia’s economic growth could still surprise on the upside, depending on the duration of the West Asia conflict, said Bank Negara Malaysia (BNM) Deputy Governor Datuk Marzunisham Omar.
7d ago
KUALA LUMPUR, April 2 (Bernama) -- The ringgit closed easier against the US dollar today after gaining ground yesterday, with market sentiment remaining cautious amid President Trump’s unpredictable stance on the US-Iran conflict, leading to constant changes in risk appetite among traders and investors.
7d ago
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.
7d ago
KUALA LUMPUR, April 2 (Bernama) -- Bursa Malaysia reversed yesterday's gains to close lower on Thursday, with the key index settling off its lows, as optimism over a swift end to the West Asia conflict faded sharply following US President Donald Trump's speech this morning, which fuelled global risk-off sentiment.