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ECB To Announce Interest Rate Decision Amid Iran Conflict, Oil Price Surge

FRANKFURT, March 19 (Bernama-dpa) -- The European Central Bank (ECB) is set to announce its latest decision on interest rates on Wednesday against the backdrop of surging oil prices due to the conflict in West Asia, reported German Press Agency (dpa).

Oil May Rise On Conflict, Fall To US$80-US$90 If War Ends By Mid-April

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, March 18 (Bernama) -- Crude oil prices can go even higher than current levels of US$100-US$103 per barrel if the war in West Asia continues affecting passageway in the Strait of Hormuz and supply tightness becomes more acute, Kpler senior crude oil analyst Muyu Xu said today.

Bursa Malaysia Ends Higher Tracking Regional Gains, CI Up 1.10 Pct

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 18 (Bernama) -- Bursa Malaysia ended higher today, in line with upbeat regional market performance and supported by the strong debut of Sunway Healthcare.

Malaysia's Targeted Subsidies Expected To Moderate Inflation Pressure Amid West Asia Conflict, Says MARC

KUALA LUMPUR, March 18 (Bernama) -- Malaysia’s headline inflation is expected to remain manageable, supported by the government’s targeted subsidies, amid the West Asia conflict, according to the Malaysian Rating Corporation Bhd (MARC).

Maybank Research Trims Singapore 2026 GDP Growth Forecast To 3.4 Pct

SINGAPORE, March 18 (Bernama) -- Maybank Research Pte Ltd (MRPL) has revised Singapore's gross domestic product (GDP) growth forecast to 3.4 per cent in 2026, down from its earlier projection of 3.6 per cent, amid ongoing West Asia conflicts. 

MBSB IB: High Oil Prices May Weigh On Property Sector

KUALA LUMPUR, March 18 (Bernama) -- Malaysia’s property sector could face a mild downturn if elevated oil prices persist, as higher fuel costs drive up transportation expenses, leading to increased construction costs for developers, said MBSB Investment Bank Bhd (MBSB IB).

Ringgit Firms Against US Dollar, May See Further Gains

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 18 (Bernama) -- The ringgit traded firmer against the US dollar this morning amid cautious investor positioning ahead of the United States (US) Federal Reserve’s (Fed) policy decision and improving risk appetite.

Global Air Travel Demand Will More Than Double By 2050 -- IATA

KUALA LUMPUR, March 17 (Bernama) -- The International Air Transport Association (IATA) has released its Long-Term Demand Projections (LTDP) report for air travel, which projected that global air passenger demand will more than double by 2050.

Funds May Favour Commodity Exporters Like Malaysia Amid West Asia Uncertainties - Economist

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 17 (Bernama) -- Heightened geopolitical uncertainty surrounding developments in the Strait of Hormuz could influence global capital flows, with commodity-exporting economies such as Malaysia potentially better positioned amid rising energy prices.

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.

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.

Foreign Investors Record US$16.8 Bln Outflow Across Eight Asian Markets Last Week

KUALA LUMPUR, Mar 16 (Bernama) -- Foreign investors extended a four-week streak of net selling across eight Asian markets, with net outflows totalling US$16.8 billion, according to MBSB Investment Bank Bhd.