1d ago
KUALA LUMPUR, March 27 (Bernama) -- Bursa Malaysia opened higher on Friday, outpacing regional peers as market sentiment improved following the government’s adjusted fuel subsidy measures, supporting fiscal stability and household affordability amid ongoing West Asia uncertainties.
1d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, March 27 (Bernama) -- The ringgit opened higher for the fourth consecutive day as the Malaysian government adopts a pragmatic approach to fuel subsidies by balancing between fiscal discipline and cost-of-living concerns amid West Asia tensions.
2d ago
By Mikhail Raj Abdullah
KUALA LUMPUR, March 26 (Bernama) -- Malaysians should accept the government’s temporary adjustment of the monthly subsidised BUDI95 quota to 200 litres from 300 litres per month effective April, as a reasonable step to reduce fuel subsidy spending and one that is necessary due to escalating crude oil prices.
11d 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.
15d ago
KUALA LUMPUR, March 13 (Bernama) -- Bursa Malaysia remained lower at midday, falling below the 1,700 psychological level, in line with the weaker performance of most regional peers amid dented sentiment following a surge in crude oil prices, with Brent crude hovering above US$100 per barrel at noon.
15d ago
KUALA LUMPUR, March 13 (Bernama) -- The government will ensure citizens continue to receive assistance through targeted RON95 subsidies under the BUDI95 initiative, while keeping petrol and diesel prices unchanged despite the rise in fuel subsidy spending, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
16d ago
KUALA LUMPUR, March 12 (Bernama) -- Petroliam Nasional Bhd (Petronas) says the country has a degree of structural resilience to external shocks arising from the ongoing US-Iran conflict.
17d ago
By Nor Baizura Basri
KUALA LUMPUR, March 11 (Bernama) -- Petronas said the elevated crude oil prices resulting from the US-Iran conflict are expected to produce some mixed outcomes for the company.
17d ago
By Dr Phar Kim Beng
Few economic indicators shape global stability as decisively as the price of oil.
19d 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.
23d ago
KUALA LUMPUR, March 5 (Bernama) -- Brent crude prices are expected to stabilise after an initial geopolitical-driven spike, keeping Malaysia’s inflation modest at 1.6–1.9 per cent and the 2026 fiscal deficit on track at 3.5 per cent of gross domestic product (GDP), Apex Securities Bhd said.
24d ago
PUTRAJAYA, March 4 (Bernama) -- Transport and food prices are expected to face the earliest and most visible pressure from the escalating geopolitical conflict in the Middle East, with economists warning that a gradual rise in living costs, as higher oil, logistics, and agricultural input costs filter through the economy.