By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 28 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade within a wide range of US$4,300 to US$4,500 next week amid market uncertainty over ongoing West Asia tensions.
By K. Naveen Prabu
KUALA LUMPUR, March 28 (Bernama) -- The rubber market is expected to trend higher next week, supported by stronger demand for the commodity amid supply disruptions in the global synthetic rubber segment, according to the Malaysian Rubber Glove Manufacturers Association (MARGMA).
By Siti Noor Afera Abu
KUALA LUMPUR, March 28 (Bernama) -- Bursa Malaysia is expected to trade cautiously next week as the unresolved West Asia conflict continues to shape global market direction.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, March 27 (Bernama) -- Solar energy has become an important electricity generation alternative to replace oil, gas, and coal which are in short supply due to the ongoing conflict in West Asia, according to non-governmental organisation (NGO) Citizens International.
By K. Naveen Prabu
KUALA LUMPUR, March 27 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, tracking stronger crude oil prices, a trader said.
By K. Naveen Prabu
KUALA LUMPUR, March 27 (Bernama) -- The Kuala Lumpur rubber market ended higher on Friday, extending its gains amid rising Japanese rubber futures and supported by firm physical prices of the commodity in Thailand.
KUALA LUMPUR, March 27 (Bernama) -- Malaysia’s transition towards electric vehicles (EVs) could accelerate due to elevated crude oil prices, particularly among buyers in the premium internal combustion engine segment, according to CIMB Securities Sdn Bhd.
PUTRAJAYA, March 26 (Bernama) -- The government is bearing petrol and diesel subsidies estimated at up to RM4 billion a month under the implementation of the BUDI MADANI RON95 (BUDI95) and BUDI Diesel programmes, following the rise in global crude oil prices.
By K. Naveen Prabu
KUALA LUMPUR, March 26 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, tracking higher crude oil prices amid the escalation of conflict in West Asia, a trader said.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, March 26 (Bernama) -- The government’s move to adjust the monthly quota for subsidised BUDI MADANI RON95 (BUDI95) petrol to 200 litres from 300 litres is a much-needed temporary measure to reduce subsidy spending amid the spike in oil prices brought on by the conflict in West Asia, said an economist.
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.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 26 (Bernama) -- The Malaysian government, under Prime Minister Datuk Seri Anwar Ibrahim’s leadership, is seen to be handling the current surge in oil prices wisely through various measures despite the West Asia conflict entering its fourth week with no signs of easing.
