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KUALA LUMPUR, March 13 (Bernama) -- Malaysia will give an explanation to the United States (US) regarding allegations of structural excess capacity and production as well as the use of forced labour, which are among issues under probe under Section 301(b) of the US’ Trade Act of 1974.
By Voon Miaw Ping
KUALA LUMPUR, March 13 (Bernama) -- Intensifying maritime security tensions in the Strait of Hormuz amid the ongoing military conflict between the United States (US), Israel and Iran are putting the strategic chokepoint under intense international scrutiny.
KUALA LUMPUR, March 13 (Bernama) -- AM Best has downgraded the financial strength rating to A- (Excellent) from A (Excellent) and the long-term issuer credit rating to “a-” (Excellent) from “a” (Excellent) of Malaysia’s Energas Insurance (L) Limited (ENERGAS).
KUALA LUMPUR, March 12 (Bernama) -- Malaysia Airlines has further extended the temporary suspension of its Doha services until March 20, 2026, following continued developments in the region’s security environment.
KUALA LUMPUR, March 12 (Bernama) -- The continued closure of the Strait of Hormuz following the United States (US)-Iran military escalation is pushing Gulf countries’ oil inventories toward maximum capacity, posing serious operational challenges for refiners across the region.
KUALA LUMPUR, March 12 (Bernama) -- Malaysia should continue its diplomatic engagement while demonstrating transparency in its manufacturing and supply chains, and strengthening trade diversification, an economist said.
KUALA LUMPUR, March 12 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, announced it has signed definitive agreements with JERA Co Inc (JERA) to acquire JERA Gorgon Pty Ltd, which holds a 0.417 per cent interest in the Gorgon LNG project.
KUALA LUMPUR, March 12 (Bernama) -- VCI Global Limited (VCI Global) has launched an AI Compute Treasury strategy, a long-term initiative to accumulate and deploy high-performance graphics processing unit (GPU) infrastructure to support the growing demand for artificial intelligence inference workloads.
By Nor Baizura Basri
KUALA LUMPUR, March 12 (Bernama) -- The United States (US) has initiated investigations into the acts, policies, and practices of 15 economies, including Malaysia and the European Union (EU), under Section 301(b) of the Trade Act of 1974 relating to structural excess capacity and production in manufacturing sectors.
KOTA KINABALU, March 11 (Bernama) -- Sabah Oil & Gas Development Corporation (SOGDC) and SEDCO Mining Sdn Bhd have signed a memorandum of understanding (MoU) to strengthen industrial development in the state, particularly in the Sabah Oil and Gas Industrial Park (SOGIP) and the Sawit Kinabalu Sandakan Industrial Park (SKSIP).
By Dr Phar Kim Beng
Few economic indicators shape global stability as decisively as the price of oil.
KUALA LUMPUR, March 10 (Bernama) -- A coordinated government–industry response is needed to address the growing impact of the Iran-US-Israel conflict and the disruption around the Strait of Hormuz on Malaysia’s manufacturing exports and maritime trade, said the Federation of Malaysian Manufacturing (FMM).
