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Oil Price Shock Could Force Indonesia To Breach Three Per Cent GDP Deficit Rule

JAKARTA, March 13 (Bernama) -- Indonesia may struggle to keep its budget deficit within the legal ceiling of three per cent of gross domestic product (GDP) if global oil prices continue to surge due to prolonged geopolitical tensions, potentially forcing the government to consider extraordinary fiscal measures.

Strait of Hormuz: How The Strategic Flashpoint In The West Asia Conflict Is Roiling Global Oil Markets

By Voon Miaw Ping

KUALA LUMPUR, March 13 (Bernama) -- Intensifying maritime security tensions in the Strait of Hormuz amid the ongoing military conflict between the United States (US), Israel and Iran are putting the strategic chokepoint under intense international scrutiny.

Rakuten Trade Forecasts FBM KLCI At 1,800 In 2026 Amid Global Uncertainty

KUALA LUMPUR, March 13 (Bernama) -- Rakuten Trade has revised its forecast for the FTSE Bursa Malaysia KLCI (FBM KLCI) slightly lower at 1,800 for 2026 from 1,810 previously in view of the overhanging uncertainty.

Strait Of Hormuz Closure Pushes Gulf Oil Inventories Towards Capacity, Pressuring Refiners

KUALA LUMPUR, March 12 (Bernama) -- The continued closure of the Strait of Hormuz following the United States (US)-Iran military escalation is pushing Gulf countries’ oil inventories toward maximum capacity, posing serious operational challenges for refiners across the region.

Natural Rubber Production Down 0.4 Pct, But Exports Up 30.6 Pct In January 2026 - DOSM

KUALA LUMPUR, March 12 (Bernama) -- Malaysia’s natural rubber (NR) production decreased by 0.4 per cent in January 2026 to 28,579 tonnes, compared with 28,684 tonnes in December 2025, according to the Department of Statistics Malaysia (DOSM).

BNM Ensures Orderly Financial Markets Amid Global Uncertainties

KUALA LUMPUR, March 11 (Bernama) -- The government, through Bank Negara Malaysia (BNM), ensures that financial markets remain orderly and the country’s financial system remains resilient amid global uncertainties through continuous market surveillance, according to the Finance Ministry (MoF).

Elevated Crude Oil Prices Will Result In Some Mixed Outcomes - Petronas

By Nor Baizura Basri

KUALA LUMPUR, March 11 (Bernama) -- Petronas said the elevated crude oil prices resulting from the US-Iran conflict are expected to produce some mixed outcomes for the company.

CPO Futures End Higher On Firmer Crude Oil Prices

By Danni Haizal Danial Donald

KUALA LUMPUR, March 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives finished higher on Wednesday, mainly supported by firmer crude oil prices.

Hong Leong Islamic Bank Rebrands As HLB Islamic, Eyes Strong Financing Growth

By Abdul Hamid A Rahman

KUALA LUMPUR, March 11 (Bernama) -- Hong Leong Islamic Bank Bhd is now known as HLB Islamic following a brand refresh, with the bank aiming to maintain financing growth above the industry average over the next three to five years.

Cement Price Index Rises 0.8 Pct-5.9 Pct Year-On-Year In February 2026 -- DOSM

PUTRAJAYA, March 11 (Bernama) -- The unit price index of cement increased between 0.8 per cent and 5.9 per cent year-on-year (y-o-y) in February 2026 compared with the same month last year, while the steel price index declined between 1.2 per cent and 8.1 per cent, according to the Department of Statistics Malaysia (DOSM).

CPO Prices Seen Averaging RM4,100-RM4,200 Per Tonne In 2026

KUALA LUMPUR, March 11 (Bernama) -- Crude palm oil (CPO) prices are projected to average between RM4,100 and RM4,200 per tonne in 2026, supported by firmer crude oil prices that could improve biodiesel economics and support Indonesia’s potential B50 mandate.

Air Cargo Connects Businesses To Global Markets, Keep Supply Chains Moving - IATA

KUALA LUMPUR, March 11 (Bernama) -- Air cargo plays a critical role in connecting businesses to global markets and keeping supply chains moving, even as the operating environment becomes more complex, the International Air Transport Association (IATA) said in a statement today.