1d ago
KUALA LUMPUR, April 9 (Bernama) -- Oil prices rebounded towards US$100 per barrel amid lingering uncertainty over the two-week United States-Iran ceasefire and Iran’s renewed closure of the Strait of Hormuz following Israeli strikes on Lebanon.
15d ago
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.
18d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, March 24 (Bernama) – The decision by oil companies to shift away from West Asia and support offshore crude oil exploration in Southeast Asia could potentially benefit offshore support vessel (OSV) operators.
1m 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.
1m ago
KUALA LUMPUR, March 2 (Bernama) – The economic impact on Malaysia from the latest conflict in the Middle East could remain contained if tensions do not prolong, although near-term market volatility cannot be ruled out, economists said.
1m ago
KUALA LUMPUR, Feb 27 (Bernama) -- Malaysia must not be fixated on the ringgit’s specific exchange rate level but rather on the currency’s long-term strength, as it reflects the overall health of the nation’s economy.
3m ago
KUALA LUMPUR, Jan 7 (Bernama) -- The outlook for Malaysia's economy remains positive for this year, as such, CGS International Securities Malaysia Sdn Bhd has set an end-2026 KLCI target of 1,810, supported by a strengthening ringgit and encouraging policy impacts.
4m ago
KUALA LUMPUR, Dec 4 (Bernama) -- Malaysia’s gross domestic product (GDP) is expected to expand by 4.6 per cent in 2026, supported by improving external demand despite a slight moderation in domestic activity, said CGS International Securities Malaysia Sdn Bhd.
5m ago
KUALA LUMPUR, Nov 4 (Bernama) -- Malaysia must leverage digitalisation to enhance data transparency in environmental, social and governance (ESG) reporting, strengthen governance mechanisms to boost investor confidence, and invest in human capital for a workforce that is ready for tomorrow’s energy technologies.
5m ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 28 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today, weighed down by concerns over weak demand and rising output of the commodity in the coming weeks.
5m ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 27 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Monday due to concerns over sluggish demand for the commodity, said CGS International Securities Malaysia Sdn Bhd.
5m ago
KUALA LUMPUR, Oct 24 (Bernama) -- Tenaga Nasional Bhd’s (TNB) share price climbed in early trade on Friday amid expectations that its regulated asset base will expand at an 11 per cent compound annual growth rate (CAGR) during the 2025-2027 regulatory period (RP4).