1d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 16 (Bernama) -- Bursa Malaysia ended marginally lower on Monday as ongoing geopolitical tensions in West Asia continued to weigh on market sentiment.
1d ago
KUALA LUMPUR, March 16 (Bernama) -- OXMIQ Labs (OXMIQ), a GPU architecture and artificial intelligence (AI) technology company, has announced a strategic technology partnership with AM Intelligence Labs to provide data centre and system infrastructure advisory.
1d ago
KUALA LUMPUR, March 16 (Bernama) -- Bursa Malaysia remained lower at midday, weighed down by profit-taking in industrial products and services, consumer products and services, and construction stocks.
1d ago
KUALA LUMPUR, March 16 (Bernama) -- No economic stimulus package will be introduced for the time being in response to the West Asia conflict, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
1d ago
KUALA LUMPUR, March 16 (Bernama) -- Tenaga Nasional Bhd (TNB) and Telekom Malaysia Bhd (TM) have embarked on a strategic collaboration to strengthen cooperation in green energy solutions while developing smarter, more sustainable, and interconnected energy and telecommunications infrastructure across the country.
1d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 16 (Bernama) -- Bursa Malaysia opened lower on Monday, tracking overnight losses on Wall Street amid rising crude oil prices.
2d ago
JOHOR BAHRU, March 15 (Bernama) -- The National Economic Action Council (NEAC) will hold a meeting tomorrow to discuss the impact of the prolonged conflict in West Asia on the transportation sector, particularly aviation, and mitigation measures to safeguard oil and gas (O&G) supply.
2d ago
By Karina Imran
KUALA LUMPUR, March 15 (Bernama) -- Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said policymakers are likely to assess the situation before raising interest rates to contain inflation resulting from the impact of the conflict in West Asia and surging oil prices.
3d ago
KUALA LUMPUR, March 14 (Bernama) — The increase in global energy prices can potentially support demand for bio-based commodities such as palm oil, particularly in the biofuel sector, which can positively impact global prices.
3d ago
By Samirul Ariff
Public discussion about energy often begins with a simple question: how much oil does a country possess? Yet this question, while intuitive, can be misleading. The real determinant of energy security is not merely the quantity of hydrocarbons beneath the ground, but the institutions and systems that govern their extraction, transport and distribution. Malaysia’s experience illustrates this principle clearly.
3d ago
KUALA LUMPUR, March 14 (Bernama) -- A prolonged conflict between the United States (US) and Iran could slash West Asia crude oil output by as much as 70 per cent in a worst-case scenario, energy research firm Rystad Energy said.
3d ago
KUALA LUMPUR, March 14 (Bernama) -- Malaysia’s oil supply remains stable, cushioned by diversified crude and product sourcing, as well as deepwater storage and terminal infrastructure at the Pengerang Integrated Petroleum Complex (PIPC).