17d ago
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.
17d ago
KUALA LUMPUR, March 13 (Bernama) -- The government will ensure citizens continue to receive assistance through targeted RON95 subsidies under the BUDI95 initiative, while keeping petrol and diesel prices unchanged despite the rise in fuel subsidy spending, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
19d ago
KUALA LUMPUR, March 11 (Bernama) -- The MADANI Government is maintaining the price of RON95 fuel under the BUDI95 initiative at RM1.99 per litre, even though the pump prices of RON95 petrol and diesel have increased following the rise in global oil prices.
20d ago
KUALA LUMPUR, March 10 (Bernama) -- Malaysia’s status as an oil producer, along with the income generated from the sector, helps the government protect the public from the impact of rising energy prices, said the chairman of the Malaysian Investment Development Authority (MIDA), Tengku Datuk Seri Zafrul Abdul Aziz.
25d ago
KUALA LUMPUR, March 5 (Bernama) -- RON95 subsidies for the fourth quarter (4Q) of 2024 amounted to RM3 billion, before declining to RM1.8 billion in 4Q 2025, according to the Ministry of Finance (MoF).
27d ago
KUALA LUMPUR, March 3 (Bernama) -- Malaysia’s substantial Liquefied Natural Gas (LNG) exports uniquely position the country to benefit from rising gas prices, with a US$5 per million British thermal units (MMBtu) increase estimated to add 1.23 per cent of gross domestic product to the current account.
28d ago
KUALA LUMPUR, March 2 (Bernama) -- More than 88 per cent of 16.5 million eligible individuals, or close to 14.8 million, have benefited from the RM1.99 per litre RON95 price, according to Finance Minister II Datuk Seri Amir Hamzah.
29d ago
PUTRAJAYA, March 1 (Bernama) -- The government will try to maintain the price of RON95 petrol for Malaysians at the current level of RM1.99 per litre despite global market uncertainty due to the conflict in the Middle East, said Prime Minister Datuk Seri Anwar Ibrahim.
1m ago
KUALA LUMPUR, Feb 24 (Bernama) -- Petronas Dagangan Bhd’s (PDB) net profit for the financial year ended Dec 31, 2025 (FY2025) edged up to RM1.10 billion from RM1.09 billion a year earlier.
1m ago
KUALA LUMPUR, Feb 23 (Bernama) -- Malaysia’s automotive sector total industry volume (TIV) rose 28.7 per cent year-on-year (y-o-y) to 64,298 units in January 2026, driven by higher deliveries of passenger and commercial vehicle segments, CIMB Securities Sdn Bhd said.
1m ago
KUALA LUMPUR, Feb 12 (Bernama) -- More than 14.6 million Malaysians have enjoyed subsidised RON95 petrol prices under the BUDI MADANI RON95 (BUDI95) programme as of Feb 11, 2026, said Minister of Finance II Datuk Seri Amir Hamzah Azizan
1m ago
KUALA LUMPUR, Feb 11 (Bernama) -- The government has not chosen the floating price approach as recommended by the World Bank and several economic experts because it is considered to be burdensome for the majority of the people, said Prime Minister Datuk Seri Anwar Ibrahim.