7d ago
KUALA LUMPUR, April 6 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) is holding its positive view of Tenaga Nasional Bhd’s (TNB) strategic investment, Spark Renewable Energy (RE) in Australia, which bolsters its commitment towards achieving Net Zero 2050.
7d ago
KUALA LUMPUR, April 6 (Bernama) -- Bursa Malaysia opened lower on Monday, as sentiment was pressured by escalating tensions in West Asia and persistent geopolitical uncertainty.
7d ago
By Siti Radziah Hamzah
KUALA LUMPUR, April 6 (Bernama) -- The upcoming Energy Transition Conference 2026 (ETCon26) will serve as a key platform to advance artificial intelligence (AI) as a new frontier for innovation, powering the next phase of Malaysia’s energy transition.
8d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, April 4 (Bernama) -- The late Tun Dr Ling Liong Sik played a defining role in strengthening Malaysia's transport infrastructure, leaving behind a lasting legacy of seaports, airports, and logistics networks that continue to support the country’s competitiveness, industry players said.
9d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, April 4 (Bernama) -- The foreign exchange market is expected to remain cautious next week, with the ringgit likely to oscillate around 4.00 to 4.05 against the US dollar amid ongoing uncertainties over the war in Iran, which has entered its fifth week.
9d ago
By Karina Imran
KUALA LUMPUR, April 4 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is anticipated to trade range-bound, reflecting the cautious sentiment in the underlying cash market.
9d ago
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.
9d ago
KUALA LUMPUR, April 3 (Bernama) -- The government has taken precautionary measures in coordinating the implementation of national policies, particularly to address the impact of the global energy crisis, said Prime Minister Datuk Seri Anwar Ibrahim.
9d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 3 (Bernama) – Malaysia has a relatively sufficient crude oil supply compared with other ASEAN countries, said national oil and gas company Petroliam Nasional Bhd (Petronas).
9d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 3 (Bernama) -- The surge in global crude oil prices to as high as US$120 (US$1 = RM4.02) per barrel following the conflict in West Asia is not purely driven by supply and demand, but is also influenced by geopolitical factors, shipping costs, and insurance premiums, according to Petroliam Nasional Bhd (Petronas).
9d 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).
9d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 3 (Bernama) – Petroliam Nasional Bhd (Petronas) has shortened its downstream planning horizon from three months to 45 days to address global energy supply uncertainties.