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Oil Price Surge Driven Not Only By Supply And Demand But Also Shipping Costs, Insurance Premiums - Petronas

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 3 (Bernama) -- The surge in global crude oil prices to as high as US$120 (US$1 = RM4.02) per barrel following the conflict in West Asia is not purely driven by supply and demand, but is also influenced by geopolitical factors, shipping costs, and insurance premiums, according to Petroliam Nasional Bhd (Petronas).

Refiners Expected To Cut Runs As Hedgable Economics Drive Decisions -- Rystad Energy

KUALA LUMPUR, April 3 (Bernama) -- Refiners are expected to reduce operating runs as decisions are driven by hedgable economics rather than directional market views, said independent research and energy intelligence company Rystad Energy.

UEM Edgenta Shareholders Approve Proposed SCR, Paving Way For Delisting

KUALA LUMPUR, April 2 (Bernama) -- UEM Edgenta shareholders today approved the proposed selective capital reduction and repayment exercise (SCR), paving the way for UEM Group to increase its current 69.14 per cent stake in the asset management and infrastructure solutions company to 100 per cent.

Central Banks Must Evolve Into Architects Of Resilience, Says BNM Governor

KUALA LUMPUR, April 1 (Bernama) -- Central banks must evolve into architects of resilience in a changing global landscape, rather than merely remain stewards of stability, important as that role remains, according to Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.

Holafly For Business Highlights eSIM As Sustainable Solution For Corporate Travel

KUALA LUMPUR, March 31 (Bernama) -- As companies face increasing pressure from investors, regulators and environmental, social, and governance (ESG) commitments to reduce their carbon footprint, corporate travel is emerging as an area where small operational changes can deliver measurable impact.

IOI Earth Month Campaign Enters 15th Edition, Fostering A Sustainable Workforce

KUALA LUMPUR, March 31 (Bernama) -- IOI Corporation Bhd (IOI) marked the 15th edition of IOI Earth Month Campaign this March, continuing to foster a culture of sustainability across its workforce, with the theme “Upcycle 4 Better Future”.

Sunway Mega Roadshow Returns, Goes Fully Digital Via Super App

KUALA LUMPUR, March 25 (Bernama) -- The Sunway Mega Roadshow returns this year in a fully digital format, offering users a seamless way to access deals and activities across Sunway City Kuala Lumpur with just a few taps through the Sunway Super App.

Trash To Treasure: Kompostri's Mission To Cut Food Waste

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, March 24 (Bernama) -- Tonnes of food waste end up in Malaysia’s landfills every day, much of it still edible. The problem becomes even more pronounced during festive seasons such as Ramadan, when large volumes of food are prepared but not always consumed.

Iran's Khamenei Absent On Persian New Year As Speech Read Out On TV

TEHRAN, March 21 (Bernama-dpa) -- People in Iran eagerly awaited a first public appearance by the country's new Supreme Leader Mojtaba Khamenei on Persian New Year, or Nowruz, on Friday - but a speech attributed to him was instead read out on state television.

Malaysia's Trade Rises 9.5 Pct To RM245.2 Bln In February 2026, Says DOSM

KUALA LUMPUR, March 19 (Bernama) -- Malaysia’s trade grew 9.5 per cent to RM245.2 billion in February 2026 from RM223.9 billion a year earlier, the Department of Statistics Malaysia (DoSM) said. 

BNM Likely To Assess Oil Shock Impact Before Interest Hike To Counter Inflation - Economist

By Karina Imran

KUALA LUMPUR, March 15 (Bernama) -- Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said policymakers are likely to assess the situation before raising interest rates to contain inflation resulting from the impact of the conflict in West Asia and surging oil prices.

Strait of Hormuz: How The Strategic Flashpoint In The West Asia Conflict Is Roiling Global Oil Markets

By Voon Miaw Ping

KUALA LUMPUR, March 13 (Bernama) -- Intensifying maritime security tensions in the Strait of Hormuz amid the ongoing military conflict between the United States (US), Israel and Iran are putting the strategic chokepoint under intense international scrutiny.