| LATEST NEWS | At 6 pm, the ringgit depreciated to 3.9220/9260 against the US dollar from 3.9185/9230 at last Friday’s close. | Congestion and scanner shortage issues at Linkedua to be brought to KDN's attention - Loke | Police bust two drug syndicates, seize drugs worth RM4.7 million in Johor Bahru | A total of 60,000 students are targeted to benefit from the MyLesen B2 Sekolah (MyB2S) programme, with an allocation of RM18.5 million - Anthony Loke | Three people detained to assist in probe into fatal shooting in Skudai on May 9 - Police | |
KUALA LUMPUR, May 8 (Bernama) -- MISC Bhd announced the naming of two new-generation liquefied natural gas (LNG) carriers, Seri Dian and Seri Dayang, further strengthening its long-standing partnership with Seariver Maritime LLC (SRM), a wholly-owned subsidiary of ExxonMobil.
From Niam Seet Wei
CEBU (Philippines), May 7 (Bernama) -- Malaysia does not sell oil to other ASEAN member states as the country is still importing about 400,000 barrels of crude oil per day, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.
KUALA LUMPUR, April 30 (Bernama) -- Malaysia’s national oil and gas company Petroliam Nasional Bhd (Petronas) has signed definitive agreements with Japan-based oil and gas company ENEOS Xplora.
PUTRAJAYA, April 16 (Bernama) -- Australian Prime Minister Anthony Albanese is set to hold discussions with Petroliam Nasional Bhd (Petronas) to advance Malaysia-Australia energy cooperation, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, April 14 (Bernama) -- Abaxx Technologies Inc (Abaxx) announced that its subsidiary, Abaxx Exchange, has registered as an Organised Market Place (OMP) with the European Union Agency for the Cooperation of Energy Regulators (ACER) as of April 8.
KUALA LUMPUR, April 10 (Bernama) -- The global economy is facing renewed strain from the ongoing conflict in West Asia, with up to US$50 billion (US$1 = RM3.98) in financial support potentially needed to help vulnerable countries weather the shock, according to the International Monetary Fund (IMF).
KUALA LUMPUR, April 9 (Bernama) -- The World Bank Group has raised Malaysia’s economic growth forecast for 2026 to 4.4 per cent from 4.1 per cent, citing resilient domestic demand, its lead economist for Malaysia, Apurva Sanghi, said.
KUALA LUMPUR, April 8 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects the domestic logistics sector’s growth to remain steady in 2026, benefiting from booming e-commerce, supported by the global tech upcycle led by artificial intelligence (AI) data centre demand, a resilient US economy, and potential trade diversion amid US-China trade tensions.
KUALA LUMPUR, April 7 (Bernama) -- Malaysia’s energy supply is expected to remain sufficient at least until June this year, Prime Minister Datuk Seri Anwar Ibrahim said.
KUALA LUMPUR, April 7 (Bernama) -- Rising petroleum import prices and disruptions to global logistics caused by the Middle East conflict, which threaten inflation rates and the country’s long-term fiscal stability, serve as a warning for Malaysia to strengthen energy sovereignty by diversifying local energy sources.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 3 (Bernama) -- The surge in global crude oil prices to as high as US$120 (US$1 = RM4.02) per barrel following the conflict in West Asia is not purely driven by supply and demand, but is also influenced by geopolitical factors, shipping costs, and insurance premiums, according to Petroliam Nasional Bhd (Petronas).
KUALA LUMPUR, April 1 (Bernama) -- Bank Negara Malaysia (BNM) has projected Malaysia’s current account surplus to widen to 1.5-2.5 per cent of gross domestic product (GDP) in 2026, according to CIMB Treasury and Market Research.
