4d ago
By Nik Nurfaqih Nik Wil
JAKARTA, June 13 (Bernama) -- Indonesia's decision to raise the BI-Rate and increase non-subsidised fuel prices within days highlights the government's effort to support the rupiah and ease fiscal pressures, although the measures are expected to add pressure on households and businesses, analysts say.
6d ago
KUALA LUMPUR, June 11 (Bernama) -- Government measures to safeguard fuel and supply chains could support production activities in the near term, said Apex Securities Bhd.
8d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, June 9 (Bernama) -- The ringgit closed higher against the US dollar and was mostly stronger against regional currencies on Tuesday, supported by improved market sentiment amid easing geopolitical tensions in West Asia.
8d ago
KUALA LUMPUR, June 9 (Bernama) – Malaysia’s monthly fuel subsidy bill climbed to as high as RM7.5 billion at one point in April, as tensions in West Asia pushed up global oil prices and heightened concerns over energy supplies, Finance Minister II Datuk Seri Amir Hamzah Azizan said.
8d ago
KUALA LUMPUR, June 9 (Bernama) -- The ringgit opened higher against the US dollar and most major currencies today, tracking a slight pullback in the US Dollar Index (DXY) amid easing tensions in West Asia.
9d ago
KUALA LUMPUR, June 8 (Bernama) -- The ongoing global supply and energy crisis should not be viewed solely as an oil price issue, but as a broader physical disruption that could gradually affect households through rising costs of living, according to Tan Sri Mohd Hassan Marican.
10d ago
KUALA LUMPUR, June 7 (Bernama) -- Airlines’ total net profit in 2026 is expected to be US$23 billion (US$1 = RM4.02), about half the previous projection of US$41 billion, as a result of war-related disruptions in West Asia and high fuel prices, the International Air Transport Association (IATA) said.
11d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, June 6 (Bernama) -- The ringgit is expected to trade between RM4.02 and RM4.04 against the US dollar next week as investors remain cautious amid prevailing geopolitical uncertainties.
12d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, June 5 (Bernama) -- The ringgit ended lower against the US dollar on Friday amid cautious sentiment over lingering geopolitical uncertainty in West Asia and rising fuel prices.
12d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, June 5 (Bernama) -- The ringgit traded easier against the US dollar on Friday morning but strengthened against other major currencies amid a cautious currency market, as authorities across Asia issued statements reaffirming their commitment to stabilise their respective currencies.
13d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, June 4 (Bernama) -- The ringgit ended lower against the US dollar on Thursday on cautious sentiment over rising fuel prices, unresolved geopolitical tensions and global trade uncertainties.
14d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, June 3 (Bernama) -- Malaysia must focus on building an energy ecosystem that is cleaner, smarter, more interconnected and future-ready under the 13th Malaysia Plan (MP13), said Deputy Economy Minister Datuk Mohd Shahar Abdullah.