| LATEST NEWS | PM Anwar wants relevant agencies to go to the ground to help SMEs, clarifies funding provided by government | |
KUALA LUMPUR, May 21 (Bernama) -- Petron Malaysia Refining and Marketing Bhd turned to a net loss of RM35.04 million in the first quarter ended March 31, 2026 (1Q 2026), compared with a net profit of RM81.03 million in the same quarter last year.
KUALA LUMPUR, May 19 (Bernama) -- Economy Minister Akmal Nasrullah Ahmad Nasir said the government will continue implementing targeted interventions to ensure the rakyat are not left without appropriate support, particularly in ensuring sufficient supply of essential goods, stable prices and assistance reaching groups that genuinely require help.
KUALA LUMPUR, May 19 (Bernama) -- Malaysia’s inflation, as measured by the Consumer Price Index (CPI), rose 1.9 per cent year-on-year (y-o-y) in April 2026 to 136.9 from 134.3 in the same month last year, said the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, May 19 (Bernama) -- Crude palm oil (CPO) prices are expected to hold around RM4,400 per tonne in June 2026, supported by global biofuel policies, says the Malaysian Palm Oil Council (MPOC).
KUALA LUMPUR, May 18 (Bernama) -- Shell Malaysia Trading Sdn Bhd (SMT) has announced the expansion of the Shell Westport Fuels Terminal, which will introduce new import infrastructure, comprising three additional gasoline and diesel tanks, enabling the terminal to accommodate full medium-range vessel parcels, thereby improving supply efficiency and operational capability.
KUALA LUMPUR, May 15 (Bernama) -- Malaysia’s headline inflation increased to 1.6 per cent in the first quarter of 2026 (1Q 2026) from 1.3 per cent in 4Q 2025, while core inflation moderated to 2.1 per cent from 2.3 per cent previously, said Bank Negara Malaysia (BNM).
KUALA LUMPUR, May 14 (Bernama) -- The government is looking at ways to incentivise transport operators to adopt electric vehicle (EV) trucks as part of long-term efforts to reduce the country’s diesel subsidy burden.
KUALA LUMPUR, May 14 (Bernama) -- Economic growth for the first quarter (1Q) of this year is expected to meet the advance forecast of 5.3 per cent, if not better, said Economy Minister Akmal Nasrullah Mohd Nasir today.
KUALA LUMPUR, May 13 (Bernama) -- The Ministry of Plantation and Commodities (KPK) has completed all technical engagement processes with petroleum companies to ensure supply chains, logistics and blending depot infrastructure are fully prepared for the nationwide rollout of the higher B15 biodiesel blend, effective June 1, 2026.
KUALA LUMPUR, May 12 (Bernama) -- Investment Banks are expecting crude palm oil (CPO) prices to range between RM4,250 and RM4,350 in 2026, driven by rising biodiesel demand and growing risks of a severe El Nino.
KUALA LUMPUR, May 11 (Bernama) -- Malaysia’s wholesale and retail trade climbed 9.8 per cent year-on-year in March 2026, with sales worth RM169 billion, supported by strong seasonal consumer demand, according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, May 11 (Bernama) -- Malaysia’s palm oil stocks rose 1.71 per cent, or 38,900 tonnes, to 2.30 million tonnes in April 2026 from 2.27 million a month earlier, according to the Malaysian Palm Oil Board (MPOB).
