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By Fatin Umairah Abdul Hamid
KUALA LUMPUR, April 4 (Bernama) -- The late Tun Dr Ling Liong Sik played a defining role in strengthening Malaysia's transport infrastructure, leaving behind a lasting legacy of seaports, airports, and logistics networks that continue to support the country’s competitiveness, industry players said.
By Harizah Hanim Mohamed
KUALA LUMPUR, April 4 (Bernama) -- The foreign exchange market is expected to remain cautious next week, with the ringgit likely to oscillate around 4.00 to 4.05 against the US dollar amid ongoing uncertainties over the war in Iran, which has entered its fifth week.
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).
KUALA LUMPUR, April 2 (Bernama) -- Diesel prices are rising faster than petrol due to structural supply constraints, sustained industrial demand and limited flexibility in refining systems, according to energy research firm Rystad Energy.
KUALA LUMPUR, April 1 (Bernama) -- Bank Negara Malaysia (BNM) has projected Malaysia’s current account surplus to widen to 1.5-2.5 per cent of gross domestic product (GDP) in 2026, according to CIMB Treasury and Market Research.
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.
KUALA LUMPUR, March 31 (Bernama) -- Malaysia is in a position of strength as it faces oil price shocks following the West Asia conflict, supported by robust domestic demand, moderate inflation, a sound financial sector and a resilient external position.
KUALA LUMPUR, March 30 (Bernama) -- Petroliam Nasional Bhd (Petronas) continues to closely monitor the nation’s fuel supply to help safeguard nationwide stability, amid the ongoing West Asia crisis.
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 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.
KUALA LUMPUR, March 26 (Bernama) -- Malaysians are advised to prepare for a prolonged period of pressure in the oil market even if the conflict in West Asia eases in the near term.
KUALA LUMPUR, March 26 (Bernama) – MTT Shipping and Logistics Bhd (MTTSL), a container liner shipping operator, plans to raise RM652.5 million through the public issue of 633.5 million new ordinary shares.
