Oil May Rise On Conflict, Fall To US$80-US$90 If War Ends By Mid-April

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, March 18 (Bernama) -- Crude oil prices can go even higher than current levels of US$100-US$103 per barrel if the war in West Asia continues affecting passageway in the Strait of Hormuz and supply tightness becomes more acute, Kpler senior crude oil analyst Muyu Xu said today.

Bursa Malaysia Ends Higher Tracking Regional Gains, CI Up 1.10 Pct

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 18 (Bernama) -- Bursa Malaysia ended higher today, in line with upbeat regional market performance and supported by the strong debut of Sunway Healthcare.

Bursa Malaysia Remains Higher At Midday In Sync With Regional Markets

KUALA LUMPUR, March 18 (Bernama) -- Bursa Malaysia remained higher at midday in sync with upbeat regional market performance.

Labuan Freight Forwarders Association Optimistic Over Megah Port’s Performance

LABUAN, March 18 (Bernama) -- The Labuan Freight Forwarders Association (LFFA) has expressed optimism over the performance of Megah Port Management Sdn Bhd (MPM) in managing and handling operations at Labuan Port.

Akur8 Acquires Slope Software, Enters L&A Market

KUALA LUMPUR, March 18 (Bernama) -- Akur8, the global actuarial artificial intelligence (AI) platform, has entered the life and annuity (L&A) insurance market with the acquisition of Slope Software, expanding its capabilities beyond property and casualty (P&C) offerings.

Petronas Recognises Sabah’s Growing Role In Malaysia’s OGSE Sector

KOTA KINABALU, March 18 (Bernama) -- Petroliam Nasional Bhd (Petronas) recognises Sabah’s growing role in Malaysia’s oil and gas services and equipment (OGSE) sector, as part of broader collaborative efforts to strengthen the state’s contribution to national energy security and economic development.

New Hire-purchase Rules To Benefit Borrowers, Minimal Impact On Banks

KUALA LUMPUR, March 18 (Bernama) -- The introduction of key amendments to hire-purchase financing practices under the Hire-Purchase (Amendment) Act 2026 (HPAA) marks a significant move in strengthening borrowers’ protection, particularly for those looking to sell vehicles before their financing contracts mature, an economist said.

Bursa Malaysia Opens Higher, Tracking Wall Street Gains Despite Rising Crude Oil

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 18 (Bernama) -- Bursa Malaysia opened higher on Wednesday, in line with Wall Street’s gains overnight, despite volatility in crude oil prices, which remained above the US$100 mark.  

OCBC Revises Brent Forecast Higher, Expects Prices Around US$100 Through Mid-year

KUALA LUMPUR, March 17 (Bernama) -- OCBC Group Research has revised its Brent crude oil forecast higher, expecting prices to remain elevated at around US$100 per barrel through mid-year before easing towards US$70 per barrel by early 2027 amid ongoing supply disruptions.

Hextar Capital Secures RM75.9 Mln Sub-contract For Kabota Camp Project In Sabah

KUALA LUMPUR, March 17 (Bernama) -- Hextar Capital Bhd’s subsidiary, Legacy Core Sdn Bhd, has bagged a sub-contract for the Camp Kabota Project in Tawau, Sabah, with a RM75.9 million contract value.

Bursa Malaysia Reprimands, Fines KAF IB For ACE Market Listing Breaches

KUALA LUMPUR, March 17 (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded and fined KAF Investment Bank Bhd (KAF IB) RM300,000 for breaching the Bursa Malaysia Securities ACE Market listing requirements (ACE LR).

Bursa Malaysia Rebounds On Bargain Hunting, In Sync With Positive Regional Markets

KUALA LUMPUR, March 17 (Bernama) -- Bursa Malaysia rebounded after two days of losses to close higher on Tuesday, driven by bargain-hunting activities and in line with the upbeat regional market performance.