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Malaysia’s Palm Oil Sector In Advantageous Position Despite West Asia Conflict

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.

Bursa Malaysia Ends Slightly Lower Amid Cautious Sentiment On West Asia Conflict

KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia closed marginally lower on Friday, as cautious sentiment persisted, with investors remaining on the sidelines amid ongoing conflicts in West Asia, said an analyst.

Anwar, AIIB President Discuss Sustainable Development Agenda

KUALA LUMPUR, April 3 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim and the president and chair of the Board of Directors of the Asian Infrastructure Investment Bank (AIIB), Zou Jiayi, have discussed a sustainable development agenda covering the transition to green energy as well as the empowerment of digital infrastructure and advanced technology.

Bursa Malaysia Higher At Midday Amid Mixed Regional Market Performance

KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia settled marginally higher at midday, amid mixed performance in regional markets due to uncertainty over the outcome of the West Asia crisis.

Malaysia Should Bolster Japan Ties To Stay Competitive Globally

KUALA LUMPUR, April 2 (Bernama) -- Malaysia needs to enhance its relations with Japan as a weapon to boost competitiveness in the global market and increase investment in high-end niche technology industries, said key speakers at the New Japan-Malaysia Industrial Cooperation Seminar.

Gold Futures End Lower

KUALA LUMPUR, April 2 (Bernama) -- Gold futures on Bursa Malaysia Derivatives settled easier today as uncertainties in the development of the US-Iran war dampened the demand for the precious metal.

Ringgit Closes Easier Against US Dollar as War Uncertainty Keeps Investors on Edge

KUALA LUMPUR, April 2 (Bernama) -- The ringgit closed easier against the US dollar today after gaining ground yesterday, with market sentiment remaining cautious amid President Trump’s unpredictable stance on the US-Iran conflict, leading to constant changes in risk appetite among traders and investors.

National Petroleum Supply Remains Stable, Govt Prepared With Contingency Plans - DPM Fadillah

KUALA LUMPUR, April 2 (Bernama) -- Malaysia’s petroleum supply remains stable and sufficient, and the government has prepared contingency plans to ensure continued supply under any circumstances, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

Bursa Malaysia Reverses Yesterday's Gains To End Lower As West Asia Optimism Fades

KUALA LUMPUR, April 2 (Bernama) -- Bursa Malaysia reversed yesterday's gains to close lower on Thursday, with the key index settling off its lows, as optimism over a swift end to the West Asia conflict faded sharply following US President Donald Trump's speech this morning, which fuelled global risk-off sentiment. 

Rubber Market Extends Gains On Rising Regional Futures, Crude Oil Prices

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, April 2 (Bernama) -- The Kuala Lumpur rubber market extended its upward momentum to close higher on Thursday, supported by rising regional rubber futures and higher crude oil prices.

Bursa Malaysia Ends Morning Session Lower As Global Conditions Remain Uncertain

KUALA LUMPUR, April 2 (Bernama) -- Bursa Malaysia stayed in negative territory at midday in tandem with regional peers, given that global conditions remain uncertain as conflicting narratives continue to cloud prospects for a resolution to the West Asia conflict. 

MAG Secures Fuel Supply, Optimises Hedging Strategy Amid Global Volatility

KUALA LUMPUR, April 2 (Bernama) —Malaysia Aviation Group (MAG) has secured sufficient fuel supply to sustain operations as per current fuel contract, despite growing concern over shortages and rising oil prices globally.