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KUALA LUMPUR, April 29 (Bernama) -- The Ministry of Finance (MOF) is studying the implementation of a more targeted diesel subsidy mechanism, similar to BUDI95, for Sabah and Sarawak, said MADANI government spokesperson Datuk Fahmi Fadzil.
KUALA LUMPUR, April 28 (Bernama) -- The government is not only focused on stabilising prices, but also on ensuring a secure energy supply and the availability of essential goods, said Economy Minister Akmal Nasrullah Mohd Nasir.
KUALA LUMPUR, April 21 (Bernama) -- BMI, a unit of Fitch Solutions, has maintained its average annual palm oil price forecast for 2026 at RM4,300 per tonne.
PORT KLANG, April 18 (Bernama) -- The government has given assurances that there are no suitability issues arising from the use of biodiesel, particularly at the B20 level, following the implementation of vehicle engine specifications supporting the fuel since 2020.
KUALA LUMPUR, April 18 (Bernama) -- Iran’s move to reopen the Strait of Hormuz is welcome news, but it is too early to celebrate as the security situation remains fragile with elevated insurance costs, University of Nottingham Malaysia assistant professor of business economics Dr Tan Chee Meng said.
KUALA LUMPUR, April 18 (Bernama) -- Gold futures are expected to remain well-supported next week, underpinned by inflationary concerns as oil prices are expected to remain high.
KUALA LUMPUR, April 10 (Bernama) -- The global economy is facing renewed strain from the ongoing conflict in West Asia, with up to US$50 billion (US$1 = RM3.98) in financial support potentially needed to help vulnerable countries weather the shock, according to the International Monetary Fund (IMF).
By Siti Radziah Hamzah
KUALA LUMPUR, April 8 (Bernama) -- Oil prices fell below US$100 per barrel as the United States and Iran agreed to a two-week ceasefire in exchange for Tehran allowing safe passage through the Strait of Hormuz.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, April 4 (Bernama) -- The rubber market is expected to trend higher next week boosted by higher demand for the commodity amid supply disruption due to the West Asia crisis, an expert said.
KUALA LUMPUR, April 3 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Hong Kong’s CMB Wing Lung Insurance Company Limited (CMBWLI), with a stable outlook.
KUALA LUMPUR, March 31 (Bernama) -- Bank Negara Malaysia (BNM) is actively assessing the economic impact of the West Asia conflict as the outbreak could last up to six months, affecting oil supplies and energy prices, said Governor Datuk Seri Abdul Rasheed Ghaffour.
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.
