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KUALA LUMPUR, March 13 (Bernama) -- Malaysia’s position as a net energy exporter, with petroleum reserves confirmed sufficient until at least May 2026, and the fiscal headroom created by two years of subsidy rationalisation, has placed the country in a meaningfully stronger position than its neighbours to navigate the current global energy crisis.
By Kisho Kumari Sucedaram
KUALA LUMPUR, March 13 (Bernama) -- Batik Air Malaysia has implemented modest adjustments across selected routes, including fuel surcharges structured by route category, in response to rising operating costs driven by higher jet fuel prices.
By Kisho Kumari Sucedaram
KUALA LUMPUR, March 13 (Bernama) -- Malaysia Aviation Group (MAG) said the airlines under its portfolio are continuously reviewing airfares and fuel surcharges in response to prevailing market conditions.
By Danni Haizal Danial Donald
KUALA LUMPUR, March 12 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Thursday, extending its gains for another day amid a rally in crude oil prices.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives continue to end lower at Thursday's closing after crude oil prices surged past US$100, which pushed short end US yields and the dollar higher.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 12 (Bernama) -- The ringgit ended lower against the US dollar at the close on Thursday on concerns over oil supply disruptions amid the war in Iran.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Wednesday, as the US dollar strengthened and oil prices rebounded, said an analyst.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 11 (Bernama) -- The ringgit strengthened against the US dollar, other major currencies, and ASEAN peers at Wednesday’s close following news that the International Energy Agency (IEA) has proposed releasing oil reserves, which could help stabilise global crude oil prices.
KUALA LUMPUR, March 11 (Bernama) -- Persona AI, a pioneering robotics company, has appointed Michael Perry as Head of Commercial Strategy, signalling the company’s shift toward commercial deployment as it builds infrastructure to bring humanoid automation to markets such as shipyards, steel mills, and construction sites globally.
KUALA LUMPUR, March 11 (Bernama) -- Horizon Quantum Computing Pte Ltd (Horizon Quantum), a pioneer of software infrastructure for quantum applications, has achieved several milestones as it moves closer to completing its proposed business combination with dMY Squared Technology Group Inc (dMY).
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 10 (Bernama) -- The ringgit ended higher against the US dollar and other major currencies at Tuesday's close following a sharp drop in crude oil prices amid comments from US President Donald Trump suggesting the war in Iran could end soon.
By Kisho Kumari Sucedaram
KUALA LUMPUR, March 10 (Bernama) -- Airlines in Asia are reviewing fares and operational plans as rising jet fuel prices linked to escalating conflict in West Asia begin to ripple across the aviation industry, with some carriers already introducing fuel surcharge adjustments.
