MOF Mulls More Targeted Diesel Subsidy Mechanism For Sabah, Sarawak -- Fahmi

KUALA LUMPUR, April 29 (Bernama) -- The Ministry of Finance (MOF) is studying the implementation of a more targeted diesel subsidy mechanism, similar to BUDI95, for Sabah and Sarawak, said MADANI government spokesperson Datuk Fahmi Fadzil.

Economy Minister To Do Site Visit In Selangor To View Biodiesel Blending Process -- Fahmi

PUTRAJAYA, April 15 (Bernama) -- Economy Minister Akmal Nasrullah Mohd Nasir will do a working site visit in Selangor this Saturday to assess the raw inputs used in the biodiesel blending process.

Task Force Submits Suggestions To Address Labuan’s Industrial Challenges

LABUAN, April 8 (Bernama) -- Several recommendations to address economic hurdles affecting industry players in Labuan have been submitted to Minister in the Prime Minister’s Department (Federal Territories) Hannah Yeoh.

Gov’t Takes Precautionary Measures To Mitigate Impact Of Global Energy Crisis - PM

KUALA LUMPUR, April 3 (Bernama) -- The government has taken precautionary measures in coordinating the implementation of national policies, particularly to address the impact of the global energy crisis, said Prime Minister Datuk Seri Anwar Ibrahim.

National Petroleum Supply Remains Stable, Govt Prepared With Contingency Plans - DPM Fadillah

KUALA LUMPUR, April 2 (Bernama) -- Malaysia’s petroleum supply remains stable and sufficient, and the government has prepared contingency plans to ensure continued supply under any circumstances, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

Petronas Helps Govt To Guarantee Oil And Gas Supply Till May - PM Anwar 

KUALA LUMPUR, April 1 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) planning is assisting the government in providing sufficient oil and gas supplies at least until May, said Prime Minister Datuk Seri Anwar Ibrahim.

Govt Balancing Inflation, Growth Amid West Asia Conflict, Maintaining GDP Target For Now

JOHOR BAHRU, March 29 (Bernama) --  The government is focusing on balancing public welfare, inflationary pressures, and the sustainability of the country’s economic growth following the conflict in West Asia, with the 2026 economic growth target remaining at 4 to 4.5 per cent for now.

Launch Of JS-SEZ Masterplan, Blueprint Postponed

KUALA LUMPUR, March 17 (Bernama) -- The launch of the masterplan and blueprint for the Johor-Singapore Special Economic Zone (JS-SEZ), scheduled for March 30 in Johor Bahru, has been postponed until a date to be announced.

BNM Likely To Assess Oil Shock Impact Before Interest Hike To Counter Inflation - Economist

By Karina Imran

KUALA LUMPUR, March 15 (Bernama) -- Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said policymakers are likely to assess the situation before raising interest rates to contain inflation resulting from the impact of the conflict in West Asia and surging oil prices.

Sabah Monitors Global Conflict Impact On Supply Chains

KOTA KINABALU, March 14 (Bernama) -- The Sabah government is monitoring the impact of global conflicts on goods supply chains and their implications for consumers through the state's Ministry of Industrial Development, Entrepreneurship and Transport (MINDET).

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.

National Climate Change Bill Unveils MRV System, Basis For Carbon Price Implementation

KUALA LUMPUR, March 13 (Bernama) -- The National Climate Change Bill (RUU PIN) will introduce a monitoring, reporting and verification (MRV) system as the main basis for the implementation of a carbon pricing mechanism and Malaysia's transition towards a low-carbon economy.