13d ago
KUALA LUMPUR, April 29 (Bernama) -- The Ministry of Finance (MOF) is studying the implementation of a more targeted diesel subsidy mechanism, similar to BUDI95, for Sabah and Sarawak, said MADANI government spokesperson Datuk Fahmi Fadzil.
13d ago
KUALA LUMPUR, April 29 (Bernama) -- Understanding how global energy shocks transmit through production and supply chain networks is the key policy challenge for ASEAN economies, particularly in the wake of disruptions linked to the Iran-Strait of Hormuz.
14d ago
KUALA LUMPUR, April 28 (Reuters) -- The United Arab Emirates said on Tuesday it quit OPEC and OPEC+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused a historic energy shock and unsettled the global economy.
14d ago
KUALA LUMPUR, April 28 (Bernama) -- Global crude oil prices rose in a knee-jerk reaction following news that the United Arab Emirates (UAE) has left the Organisation of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ alliance.
14d ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, April 28 (Bernama) -- The Malaysia Digital Economy Corporation (MDEC) is rolling out a series of programmes aimed at strengthening Malaysia’s digital economy and advancing its transition into an artificial intelligence (AI)-driven nation.
14d ago
KUALA LUMPUR, April 28 (Bernama) -- The government has established a high-level biofuel committee to coordinate and accelerate the implementation of the national energy security agenda, said Economy Minister Akmal Nasrullah Mohd Nasir.
14d ago
KUALA LUMPUR, April 28 (Bernama) -- The local equity market remained resilient, rising 1.5 per cent last Friday, reflecting investor confidence in the country’s economic fundamentals, Economy Minister Akmal Nasrullah Mohd Nasir said.
14d ago
KUALA LUMPUR, April 28 (Bernama) -- The government is not only focused on stabilising prices, but also on ensuring a secure energy supply and the availability of essential goods, said Economy Minister Akmal Nasrullah Mohd Nasir.
14d ago
KUALA LUMPUR, April 28 (Bernama) -- Malaysia ranks among the top countries in artificial intelligence (AI) readiness, supported by strong adoption rates, public trust and continued investment in the digital economy, according to global real estate property technology group, Juwai IQI Holdings.
14d ago
KUALA LUMPUR, April 28 (Bernama) -- Political stability is crucial for any country or economy to overcome mounting economic challenges amid global uncertainty, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.
14d ago
KUALA LUMPUR, April 28 (Bernama) -- Malakoff Corporation Bhd’s wholly-owned subsidiary, Malakoff Power Bhd (MPower), has issued a RM450 million sustainable and responsible investment (SRI) Sukuk Murabahah under its RM1.2 billion Islamic Medium-Term Notes Programme (IMTN Programme).
15d ago
By Engku Shariful Azni Engku Ab Latif and N. Kuvineshwaren
KUALA LUMPUR, April 27 (Bernama) -- Malaysia is weathering the fallout from the West Asia crisis better than many peers, supported by early government intervention over the past three years to strengthen economic resilience.