Malaysia Continues To Shift Towards Re, Regional Power Integration -- Amir Hamzah

KUALA LUMPUR, April 18 (Bernama) -- Malaysia will continue to shift towards renewable energy (RE) while maintaining a stable base in power systems that will anchor the country’s stability going forward, said Finance Minister II Datuk Seri Amir Hamzah Azizan. 

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.

Budget Reassessment Reasonable If Rising Fuel Subsidy Spending Persists -- Economist

PUTRAJAYA, April 10 (Bernama) -- It would be reasonable to reassess the budget if the government continues to see a drastic increase in BUDI MADANI RON95 (BUD95) subsidy spending, according to an economist.

BNM Assesses Risks, Economic Impact From West Asia Conflict

KUALA LUMPUR, March 31 (Bernama) -- Bank Negara Malaysia (BNM) is actively assessing the economic impact of the West Asia conflict as the outbreak could last up to six months, affecting oil supplies and energy prices, said Governor Datuk Seri Abdul Rasheed Ghaffour. 

Malaysia Well-Positioned To Withstand Rising Fiscal Pressures Amid High Oil Prices

KUALA LUMPUR, March 30 (Bernama) -- Malaysia remains well-positioned to withstand rising fiscal pressures as the price of Brent crude holds above US$100 per barrel, with stronger petroleum-related revenues expected to cushion the impact of a higher RON95 subsidy bill, said analysts. 

Malaysia, China Seen As Asia’s More Resilient Economies Amid Energy Market Volatility

KUALA LUMPUR, March 29 (Bernama) — Malaysia and China are emerging as relatively resilient economies in Asia amid intensifying global energy market volatility due to the ongoing conflict in West Asia.

“Force Majeure” And Its Economic Impact

By Saraswathi Muniappan

KUALA LUMPUR, March 23 (Bernama) -- “Force majeure” is French for “major force”, and in legal parlance, this means that an extraordinary event has occurred, such as the war in West Asia, which is beyond the control of a party and excuses them from fulfilling their contract. 

IMF Warns Prolonged Energy Price Surge Could Lift Inflation

ISTANBUL, March 20 (Bernama-Anadolu) -- The International Monetary Fund (IMF) said Thursday that a sustained rise in energy prices stemming from the war in West Asia could push global inflation higher and weigh on economic output.

Malaysia’s Macro Position Is Stronger To Weather Shock Compared To Pandemic Era, Says World Bank's Apurva

KUALA LUMPUR, March 19 (Bernama) -- Malaysia’s stronger ringgit is helping to ease the impact of rising global import prices, although the country’s import cover has declined, compared with pre-COVID 19 pandemic levels, said the World Bank's lead economist for Malaysia, Dr Apurva Sanghi.

Malaysia's Targeted Subsidies Expected To Moderate Inflation Pressure Amid West Asia Conflict, Says MARC

KUALA LUMPUR, March 18 (Bernama) -- Malaysia’s headline inflation is expected to remain manageable, supported by the government’s targeted subsidies, amid the West Asia conflict, according to the Malaysian Rating Corporation Bhd (MARC).

Funds May Favour Commodity Exporters Like Malaysia Amid West Asia Uncertainties - Economist

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 17 (Bernama) -- Heightened geopolitical uncertainty surrounding developments in the Strait of Hormuz could influence global capital flows, with commodity-exporting economies such as Malaysia potentially better positioned amid rising energy prices.

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.