2m 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).
2m 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).
2m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 3 (Bernama) -- Malaysia is in an extremely advantageous position as one of the world’s top palm oil exporters, continuing to supply edible oils to countries which are grappling with rising food prices and fertiliser supply disruptions due to the closure of the Strait of Hormuz.
2m ago
KUALA LUMPUR, April 2 (Bernama) -- The Malaysian Takaful Association (MTA) has launched the 2025 Financial Sector Blueprint (FSB) and Sustainability Report for Takaful today, highlighting the industry’s progress in advancing financial inclusion, sustainability and digital transformation.
2m ago
KUALA LUMPUR, April 2 (Bernama) -- Sunway Bhd plans to implement joint procurement in construction as part of its short-term strategy within nine months of acquiring IJM Corp Bhd.
2m ago
KUALA LUMPUR, April 1 (Bernama) -- Cargill has announced the expansion of its edible oil plant in Port Klang, Malaysia, with a new speciality fats production line aimed at strengthening solutions for chocolate, bakery and dairy applications.
2m ago
KUALA LUMPUR, April 1 (Bernama) -- Glove manufacturers with higher exposure to natural latex (NL) gloves could benefit temporarily amid the West Asia conflict as customers seek cheaper substitutes for nitrile butadiene rubber (NBR) gloves.
2m ago
KUALA LUMPUR, March 31 (Bernama) -- Standing Ovation, a French precision fermentation pioneer producing next-generation proteins, has secured a 30 million euros Series B financing round, including 25 million euros in equity. (1 Euro = RM4.61)
2m ago
KUALA LUMPUR, March 31 (Bernama) -- Global fertiliser and ammonia trade could be disrupted as the sale of 15 per cent of global ammonia, and 21 per cent of urea -- a high-nitrogen fertiliser -- is tied to West Asian exporters potentially impacted by the closure of the Strait of Hormuz, according to Rystad Energy.
2m ago
KUALA LUMPUR, March 31 (Bernama) -- Headline inflation is expected to remain moderate, averaging between 1.5 per cent and 2.5 per cent in 2026 despite greater global commodity price volatility amid the West Asia conflict, said Bank Negara Malaysia (BNM).
2m ago
KUALA LUMPUR, March 31 (Bernama) -- Malaysia is in a position of strength as it faces oil price shocks following the West Asia conflict, supported by robust domestic demand, moderate inflation, a sound financial sector and a resilient external position.
2m ago
KUALA LUMPUR, March 30 (Bernama) -- Murakami Farm Co Ltd announced that sales of its "Broccoli Super Sprouts", produced under licence by Taiwanese company Greenvines, doubled year-on-year in fiscal year 2025 (FY2025), marking rapid progress in the company’s first overseas licensing venture.