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Ringgit Rises Against Other Currencies, Eases Vs US Dollar At Close

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 13 (Bernama) -- The ringgit ended higher against other major currencies but eased against the US dollar at Friday's close as investors remained cautious amid the escalating conflict in West Asia, which has heightened concerns over oil supply disruptions.

Oil Price Increase Also Poses Challenges To Oil-Producing Countries -- Tengku Zafrul

KUALA LUMPUR, March 13 (Bernama) -- The rise in global oil prices not only puts pressure on oil-importing countries but also impacts oil-producing countries such as Malaysia, said Malaysian Investment Development Authority (MIDA) chairman Tengku Datuk Seri Zafrul Abdul Aziz.

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.

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.

Gold May Decline Temporarily As Investors Seek Dollar Liquidity -- OCBC Research

KUALA LUMPUR, March 13 (Bernama) -- Gold prices may decline temporarily as investors sell liquid assets to raise US dollar funding, similar to trends seen during the global financial crisis and the early phase of the COVID-19 shock, according to an analyst.

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.

Empire Premium Food Signs Underwriting Agreement With Maybank IB

KUALA LUMPUR, March 13 (Bernama) -- Empire Premium Food Bhd has entered into a retail underwriting agreement with Maybank Investment Bank Bhd (Maybank IB) for its initial public offering (IPO) and proposed listing on the Main Market of Bursa Malaysia.

Govt Working To Ensure Oil Supply Remains Secure, Stable - Amir Hamzah

KUALA LUMPUR, March 13 (Bernama) — The government is working to extend the country’s oil supply security and ensure domestic supply remains stable following the conflict in West Asia, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Bursa Malaysia Slips Below 1,700 Level At Midday As Oil Price Surge Weighs On Sentiment

KUALA LUMPUR, March 13 (Bernama) -- Bursa Malaysia remained lower at midday, falling below the 1,700 psychological level, in line with the weaker performance of most regional peers amid dented sentiment following a surge in crude oil prices, with Brent crude hovering above US$100 per barrel at noon.

Batik Air Adjusts Fuel Surcharges On Selected Routes Amid Rising Jet Fuel Prices

By Kisho Kumari Sucedaram

KUALA LUMPUR, March 13 (Bernama) -- Batik Air Malaysia has implemented modest adjustments across selected routes, including fuel surcharges structured by route category, in response to rising operating costs driven by higher jet fuel prices.

Malaysia’s Economy Expected To Remain Strong In 2026 -- Amir Hamzah

KUALA LUMPUR, March 13 (Bernama) -- Malaysia’s impressive economic performance in 2025 is expected to continue driving the country’s economic momentum this year, despite global uncertainties and geopolitical challenges.

MAG Continues To Review Fares, Fuel Surcharges Amid Market Volatility

By Kisho Kumari Sucedaram

KUALA LUMPUR, March 13 (Bernama) -- Malaysia Aviation Group (MAG) said the airlines under its portfolio are continuously reviewing airfares and fuel surcharges in response to prevailing market conditions.