16d ago
KUALA LUMPUR, March 12 (Bernama) -- Petroliam Nasional Bhd (Petronas) says the country has a degree of structural resilience to external shocks arising from the ongoing US-Iran conflict.
17d 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.
17d ago
By Dr Phar Kim Beng
Few economic indicators shape global stability as decisively as the price of oil.
19d ago
KUALA LUMPUR, March 9 (Bernama) -- Malaysia may be able to maintain the price of RON95 fuel at RM1.99 per litre even if global oil prices rise amid tensions around the Strait of Hormuz, but doing so could increase fiscal pressure and affect fiscal consolidation plans, said an economist.
24d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, March 4 (Bernama) -- The Middle East conflict, particularly disruptions along the Strait of Hormuz, has triggered heightened volatility in global markets, with investors shifting towards safe-haven assets amid concerns over energy supply security.
25d ago
KUALA LUMPUR, March 3 (Bernama) -- The actual expenditure on diesel subsidies decreased to RM6.2 billion in 2025 compared to RM10.1 billion in 2024, resulting in savings of about RM4 billion.
25d 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.
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 19 (Bernama) -- Malaysia’s inflation increased 1.6 per cent in January 2026 with the index points rising to 135.7 from 133.6 in the same month last year, according to the Department of Statistics Malaysia (DOSM).
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.
1m ago
KUALA LUMPUR, Feb 4 (Bernama) -- The government expects the country's fiscal deficit to continue to shrink to 3.5 per cent in 2026, close to achieving the medium-term target of 3.0 per cent under the Public Finance and Fiscal Responsibility Act (FRA) 2023, reflecting increasingly strong fiscal discipline.
1m ago
KUALA LUMPUR, Jan 29 (Bernama) -- The ringgit opened marginally firmer against the US dollar on Thursday, supported by confidence in Malaysia’s economic growth and solid domestic fundamentals, as investors digested the US Federal Reserve (Fed)’s decision to keep interest rates unchanged.