8d ago
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.
9d ago
KUALA LUMPUR, March 30 (Bernama) -- Malaysia remains well-positioned to withstand rising fiscal pressures as the price of Brent crude holds above US$100 per barrel, with stronger petroleum-related revenues expected to cushion the impact of a higher RON95 subsidy bill, said analysts.
10d ago
KUALA LUMPUR, March 29 (Bernama) — Malaysia and China are emerging as relatively resilient economies in Asia amid intensifying global energy market volatility due to the ongoing conflict in West Asia.
16d ago
By Saraswathi Muniappan
KUALA LUMPUR, March 23 (Bernama) -- “Force majeure” is French for “major force”, and in legal parlance, this means that an extraordinary event has occurred, such as the war in West Asia, which is beyond the control of a party and excuses them from fulfilling their contract.
19d ago
ISTANBUL, March 20 (Bernama-Anadolu) -- The International Monetary Fund (IMF) said Thursday that a sustained rise in energy prices stemming from the war in West Asia could push global inflation higher and weigh on economic output.
20d ago
KUALA LUMPUR, March 19 (Bernama) -- Malaysia’s stronger ringgit is helping to ease the impact of rising global import prices, although the country’s import cover has declined, compared with pre-COVID 19 pandemic levels, said the World Bank's lead economist for Malaysia, Dr Apurva Sanghi.
22d ago
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.
26d ago
JAKARTA, March 13 (Bernama) -- Indonesia may struggle to keep its budget deficit within the legal ceiling of three per cent of gross domestic product (GDP) if global oil prices continue to surge due to prolonged geopolitical tensions, potentially forcing the government to consider extraordinary fiscal measures.
27d ago
KUALA LUMPUR, March 12 (Bernama) -- The Dewan Rakyat and Dewan Negara sessions for the First Meeting of 2026, which ended today, saw the focus given to boosting the country’s economic resilience, fiscal management, and the government’s efforts to monitor the impact of the West Asia conflicts on the national and global economy.
29d ago
KUALA LUMPUR, March 10 (Bernama) -- The Dewan Negara has passed the Supplementary Supply Bill (2025) 2026 for the first additional operating expenditure for 2025 amounting to RM8.4 billion.
30d ago
KUALA LUMPUR, March 9 (Bernama) -- Malaysia's economic performance last year, which recorded 5.2 per cent growth, is expected to cushion the country against global economic uncertainties and bolster its performance in the first quarter (1Q) of this year, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
30d ago
KUALA LUMPUR, March 9 (Bernama) -- Malaysia may be able to maintain the price of RON95 fuel at RM1.99 per litre even if global oil prices rise amid tensions around the Strait of Hormuz, but doing so could increase fiscal pressure and affect fiscal consolidation plans, said an economist.