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AirBorneo Maintains Fares Despite Rising Fuel Costs, Focuses On Connectivity

KUCHING, March 16 (Bernama) -- AirBorneo's current airfares remain unchanged despite rising global fuel prices as the airline continues to prioritise affordable connectivity for communities in Sarawak and Sabah, said its chief executive officer Megat Ardian Wira Mohd Aminuddin.

Bursa Malaysia Ends Marginally Lower as West Asia Conflicts Weigh On Market Sentiment

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 16 (Bernama) -- Bursa Malaysia ended marginally lower on Monday as ongoing geopolitical tensions in West Asia continued to weigh on market sentiment.

IJM Plans India Exit To Unlock Shareholder Value

PETALING JAYA, March 16 (Bernama) -- IJM Corp Bhd plans to exit its highway investments in India as part of its efforts to unlock shareholder value.

Towards a Financially Confident Malaysia: Why Financial Literacy Matters More Than Ever

By Adnan Zaylani

There is a growing realisation across Malaysia that financial literacy is no longer a luxury skill reserved for financially savvy individuals. It is fast becoming a necessity for every household, student,  worker, entrepreneur and retiree.

West Asia Conflict: No Economic Stimulus Planned For Now - Amir Hamzah

KUALA LUMPUR, March 16 (Bernama) -- No economic stimulus package will be introduced for the time being in response to the West Asia conflict, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Prolonged US-Iran Conflict May Trigger 70 Pct Drop In West Asia Oil Output -- Rystad Energy

KUALA LUMPUR, March 14 (Bernama) -- A prolonged conflict between the United States (US) and Iran could slash West Asia crude oil output by as much as 70 per cent in a worst-case scenario, energy research firm Rystad Energy said.

Diversified Supply Shields Malaysia From Immediate Oil Disruptions -- MPRC

KUALA LUMPUR, March 14 (Bernama) -- Malaysia’s oil supply remains stable, cushioned by diversified crude and product sourcing, as well as deepwater storage and terminal infrastructure at the Pengerang Integrated Petroleum Complex (PIPC).

Malaysia's Economic Performance Still Positive Despite Global Uncertainty -- Chief Statistician

JASIN, March 13 (Bernama) -- Malaysia has continued to show positive economic performance despite global uncertainty, according to the Department of Statistics Malaysia (DOSM) chief statistician Datuk Seri Dr Mohd Uzir Mahidin.

KL Rubber Market Ends Mixed Amid Weaker Global EV Sales, Regional Peers

By Danni Haizal Danial Donald

KUALA LUMPUR, March 13 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Friday amid a downtrend in its regional peers and declining global sales of electric vehicles (EVs), said a dealer.

Malaysia In Stronger Position Thanks To Net Energy Exporter Status, Subsidy Reforms

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.

Bursa Malaysia Slips Below 1,700 Level At Midday As Oil Price Surge Weighs On Sentiment

KUALA LUMPUR, March 13 (Bernama) -- Bursa Malaysia remained lower at midday, falling below the 1,700 psychological level, in line with the weaker performance of most regional peers amid dented sentiment following a surge in crude oil prices, with Brent crude hovering above US$100 per barrel at noon.

Gov’t To Cover Fuel Subsidies Expected To Reach RM3.2 Bln Monthly For Public Welfare -- Amir Hamzah

KUALA LUMPUR, March 13 (Bernama) -- The government will ensure citizens continue to receive assistance through targeted RON95 subsidies under the BUDI95 initiative, while keeping petrol and diesel prices unchanged despite the rise in fuel subsidy spending, said Finance Minister II Datuk Seri Amir Hamzah Azizan.