By Harizah Hanim Mohamed
KUALA LUMPUR, March 2 (Bernama) – The global maritime industry is closely monitoring rising tensions in the Middle East, with hull insurance and cargo war risk coverage skyrocketing in response to the current situation.
KUALA LUMPUR, March 2 (Bernama) -- Malaysia must be prepared to face impacts such as more expensive imports following the conflict in the Middle East, said Malaysian Investment Development Authority (MIDA) chairman Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, March 2 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term issuer credit rating (Long-Term ICR) of “bbb+” (Good) of India’s ICICI Lombard General Insurance Company Limited (ICICI Lombard).
KUALA LUMPUR, March 1 (Bernama) -- All Malaysian-registered vessels and local shipping companies are advised to exercise necessary precautionary measures, including avoiding transiting through the Strait of Hormuz until further notice, to ensure the safety of navigation following security developments in the Middle East region.
By Zufazlin Baharuddin & Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 1 (Bernama) -- The US-Iran conflict has significantly disrupted airport operations and is poised to have a material near-term impact on global aviation, with aggregate industry costs potentially exceeding US$1 billion (US$1 = RM3.89) should the situation intensify, an economist said.
KUALA LUMPUR, March 1 (Bernama) -- Brent crude oil could jump by around US$20 on Monday as risk premiums are rapidly repriced unless clear and credible signals of de-escalation emerge over the weekend following the US-Israel attack on Iran, research and energy intelligence company Rystad Energy said today.
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Feb 26 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today on concerns over weaker export demand amid the strengthening ringgit.
LABUAN, Feb 26 (Bernama) -- Megah Port Management Sdn Bhd (MPM), the operator of Labuan Port, is working closely with the Department of Occupational Safety and Health (DOSH) to further enhance workplace safety standards for port employees and port users.
KUALA LUMPUR, Feb 23 (Bernama) -- Pos Malaysia Bhd posted a net loss of RM209.26 million in the financial year ending Dec 31, 2025 (FY2025), compared to a net loss of RM202.67 million in FY2024.
From Abdul Hamid A Rahman
MANAMA, Feb 11 (Bernama) -- AirAsia X Bhd (AAX) is advancing its global expansion strategy by positioning Bahrain as a strategic hub to strengthen connectivity between Asia, the Middle East, Europe and Australia.
KUALA LUMPUR, Feb 4 (Bernama) -- Petronas LNG Ltd (PLL), a subsidiary of Petroliam Nasional Bhd (Petronas), has signed a 20-year liquefied natural gas (LNG) sale and purchase agreement (SPA) with QatarEnergy, the first long-term LNG supply agreement between the two companies.
By K. Naveen Prabu
KUALA LUMPUR, Jan 31 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade with a bullish bias next week amid signs of weaker output, a dealer said.
