NEAC Sets Direction To Handle Energy Crisis, Guarantee Basic Supply – PM Anwar

KUALA LUMPUR, April 14 (Bernama) -- The National Economic Action Council (NEAC) meeting has set a clear direction in managing the global energy crisis, which is increasingly acute and expected to be prolonged, by emphasising the main approach to guaranteeing the supply of energy and basic goods so that the people's daily lives are not affected.

Energy Crisis: Sea And Land Transport Sectors Remain Relatively Stable - Akmal Nasrullah

KUALA LUMPUR, April 14 (Bernama) -- Malaysia’s sea and land transport sectors remain relatively stable, particularly in cargo handling and public transport passenger movement, despite the ongoing global energy crisis.

Govt Reviewing Carbon Tax Implementation Amid Geopolitical Pressures - Arthur

KUALA LUMPUR, April 14 (Bernama) -- The government is reviewing the implementation of Malaysia's carbon tax in light of the current geopilitiocal situation, including the war in West Asia, which is exerting cost pressures on industries, the Ministry of Natural Resources and Environmental Sustainability said.

Hibiscus Petroleum In Good Stead Despite West Asia Conflicts - Chairman

KOTA BHARU, April 13 (Bernama) -- Hibiscus Petroleum Bhd is well positioned to weather global geopolitical tensions and the ongoing conflict in West Asia, including uncertainty as a result of high crude oil prices.

Global Energy Crisis: Moderation, Public Prudence Key To National Resilience

By Nurul Hanis Izmir

PUTRAJAYA, April 13 (Bernama) -- Amid global economic uncertainty driven by geopolitical tensions and volatile crude oil prices, the key question is no longer only how effectively governments can manage the crisis, but how far the public is prepared to help limit its impact.

Oil Supply: Govt Warns Corporates, Industries To Buy At Market Prices - Amir Hamzah

KUALA LUMPUR, April 10 (Bernama) -- The government has issued a warning to corporates and industries that are supposed to purchase fuel directly from oil companies at market prices but are instead discreetly buying at pump prices.

Global Energy Crisis: Govt To Ensure Sufficient Supply Of Fuel, Basic Goods

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, April 9 (Bernama) -- The government will focus on ensuring there is sufficient supply of fuel and basic goods to enable economic activities to continue, according to Economy Minister Akmal Nasrullah Mohd Nasir.

BUDI95 Is Seen As A Right Step In Targeted Fuel Subsidy Reform For Malaysia -- World Bank

KUALA LUMPUR, April 9 (Bernama) -- Malaysia’s targeted fuel subsidy reform under BUDI MADANI RON95 (BUDI95) is a step in the right direction amid the West Asia crisis as the government seeks to better manage fiscal pressures while ensuring subsidies are distributed more efficiently.

Bursa Malaysia Lower At Midday

KUALA LUMPUR, April 9 (Bernama) -- Bursa Malaysia ended the morning trading session lower despite positive Wall Street performance overnight as negotiations in West Asia appeared to stall less than a day after a ceasefire agreement was reached.

Bursa Malaysia Lower At Opening

KUALA LUMPUR, April 9 (Bernama) -- Bursa Malaysia opened lower on Thursday despite positive Wall Street performance overnight.  

MOF: Pump Fuel Prices Reflect Last Week’s Costs Despite Global Drop

KUALA LUMPUR, April 8 (Bernama) -- The Ministry of Finance (MOF) said Malaysia's pump fuel prices have not declined as they are determined based on the previous week’s average prices, not current levels, despite a drop in global crude oil prices.

Bursa Malaysia Ends Higher, CI Jumps 1.16 Pct As US-Iran Ceasefire Lifts Sentiment

By Siti Radziah Hamzah

KUALA LUMPUR, April 8 (Bernama) -- Bursa Malaysia ended broadly higher, with the benchmark index rising 1.16 per cent to close near the 1,700 mark, supported by positive sentiment following news of a two-week ceasefire between the United States (US) and Iran, which includes Tehran allowing safe passage through the Strait of Hormuz.