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).

Hajj Operations Remain On Track Despite West Asia Tension - MAG

By Kisho Kumari Sucedaram

KUALA LUMPUR, April 2 (Bernama) -- Malaysia Aviation Group (MAG) has reaffirmed that its Hajj flight operations for the 2026 season will proceed as scheduled despite ongoing geopolitical tensions in West Asia that have disrupted air travel in parts of the region. 

Malaysia Records Sales Of Over RM200 Mln At China Food And Drinks Fair

KUALA LUMPUR, April 3 (Bernama) -- Malaysia secured sales of more than RM200 million at the 114th China Food and Drinks Fair (CFDF) last month through the participation of the Malaysia External Trade Development Corporation (MATRADE) in collaboration with Messe Worldwide Sdn Bhd.

LIAM Appoints Pauline Teoh As New President

KUALA LUMPUR, April 3 (Bernama) -- The Life Insurance Association of Malaysia (LIAM) has appointed Zurich Life Insurance Malaysia Bhd chief executive officer (CEO), Pauline Teoh, as its new president.

Malaysia’s Economy Can Still Surprise On Upside, Says BNM Deputy Governor

KUALA LUMPUR, April 2 (Bernama) -- Malaysia’s economic growth could still surprise on the upside, depending on the duration of the West Asia conflict, said Bank Negara Malaysia (BNM) Deputy Governor Datuk Marzunisham Omar.

Any Support, Initiative Introduced Must Be Structured, Done In Phases – Tengku Zafrul

KUALA LUMPUR, April 4 (Bernama) -- Any consideration to introduce additional support or initiatives must be well structured, implemented in phases, and activated when necessary for the people’s well-being, according to Tengku Datuk Seri Zafrul Abdul Aziz.

Approved Financing Up 19 Pct To RM4.3 Bln In 2025 - SME Bank 

KUALA LUMPUR, April 1 (Bernama) -- Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) recorded a strong 2025 performance, with total approved financing of approximately RM4.3 billion, marking a 19 per cent year-on-year (y-o-y) increase.

Top Glove May Benefit From Lower Latex Prices Amid Geopolitical Conflict

KUALA LUMPUR, April 1 (Bernama) -- Glove manufacturers with higher exposure to natural latex (NL) gloves could benefit temporarily amid the West Asia conflict as customers seek cheaper substitutes for nitrile butadiene rubber (NBR) gloves.

Tune Talk Aims For 5 Mln Subscribers Before Possible IPO Decision

KUALA LUMPUR, March 31 (Bernama) — Tune Talk Sdn Bhd aims to grow its subscriber base to five million by the end of 2027, with a potential initial public offering (IPO) to be evaluated thereafter.

BNM Assesses Risks, Economic Impact From West Asia Conflict

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. 

Wage-Setting Institutions Must Be Strengthened To Ensure Meaningful Income Growth - BNM

KUALA LUMPUR, March 31 (Bernama) -- Malaysia must strengthen the institutions that shape how wages are set between employers and employees to raise incomes and strengthen purchasing power meaningfully.

BNM Favours Targeted Support Amid West Asia Conflict, Signals No Broad Stimulus Package, Says Governor

KUALA LUMPUR, March 31 (Bernama) -- Bank Negara Malaysia (BNM) today signalled no immediate need for a broad stimulus package amid the ongoing West Asia conflict, favouring a holistic and targeted approach as economic conditions remain resilient.