Oil Price Shocks, Inflation and the Fragility of the Global Economy
By Dr Phar Kim Beng
Few economic indicators shape global stability as decisively as the price of oil.
| LATEST NEWS | West Asia conflicts disrupt maritime security, driving up shipping and insurance costs - PM Anwar | Malaysia holds firm on global principles, including West Asia conflicts, while pragmatically protecting its economic interests - PM Anwar | PM urges civil servants to understand Malaysia's fiscal constraints, deliver accurate information to the people to avoid confusion | Malaysia's energy supply still secure through relationships with several countries - PM Anwar | Government footing RM5 billion monthly fuel subsidies, up from RM700 million in January - PM Anwar | |
By Dr Phar Kim Beng
Few economic indicators shape global stability as decisively as the price of oil.
KUALA LUMPUR, March 3 (Bernama) -- The Public Accounts Committee (PAC) has recommended that the Federal Land Consolidation and Rehabilitation Authority (FELCRA) revise its target for acquiring a land bank of 30,000 hectares to a more realistic level.
KUALA LUMPUR, Feb 27 (Bernama) -- The Asia Pacific Green Hydrogen Conference and Exhibition (APGH) 2026, from June 9–11 in Kuching, Sarawak, aims to position the region as a competitive and resilient green hydrogen hub in support of Malaysia’s and Sarawak’s low-carbon ambitions.
KUALA LUMPUR, Feb 10 (Bernama) — Honda Malaysia has reinforced its position in 2026 with the rollout of six models, underpinned by a 60,000-unit sales target amid shifting consumer preferences and evolving market demand.
KUALA LUMPUR, Feb 10 (Bernama) -- The Indonesian Business Council (IBC) and the newly founded Southeast Asia Futures Initiative Centre (SEAFIC) have signed a memorandum of understanding (MoU) to deepen research collaboration and policy dialogue for the region.
GEORGE TOWN, Feb 6 (Bernama) -- The Agreement on Reciprocal Trade (ART) between Malaysia and the United States sends a strong signal of long-term economic confidence and is expected to further encourage American investments, particularly in Penang’s semiconductor and manufacturing sectors.
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 6 (Bernama) — Indian Prime Minister Narendra Modi’s visit to Malaysia tomorrow is expected to strengthen Malaysia-India ties further, following the elevation of bilateral relations to a Comprehensive Strategic Partnership (CSP) in 2024, particularly in trade and economic cooperation across multiple sectors, analysts said.
KUALA LUMPUR, Feb 5 (Bernama) -- American investors should explore and expand their investments throughout Malaysia, including Sabah and Sarawak and not confine themselves to the established hubs such as Kuala Lumpur and Penang.
KUALA LUMPUR, Feb 3 (Bernama) -- Propel Global Bhd has signed a memorandum of understanding (MoU) with Sabah Energy Corporation Sdn Bhd and Reservoir Link Energy Bhd to explore the development of a modular gas power plant in Sabah.
KUALA LUMPUR, Jan 26 (Bernama) -- Malton Bhd has signed a memorandum of understanding (MOU) with China-based Dongguan Benling Vehicle Technology Co Ltd (BENLG) to explore setting up a local assembly plant and distribution system for electric motorcycles in Malaysia.
DUNGUN, Jan 20 (Bernama) -- The Central Terengganu Development Authority (Ketengah) has approved a RM48.355 million budget for the First Rolling Plan (RP1) under the 13th Malaysia Plan (13MP), involving the implementation of 28 projects this year.
KUALA LUMPUR, Jan 15 (Bernama) -- The Vienna Institute for Global Studies (VIGS), an independent interdisciplinary research institute, has released its 2026 Global Digital Entrepreneurship Ecosystem (DEE) Index Report, highlighting a widening gap between digital readiness and the capacity to scale entrepreneurial ventures worldwide.