By Nor Baizura Basri
KUALA LUMPUR, March 11 (Bernama) -- Petronas said the elevated crude oil prices resulting from the US-Iran conflict are expected to produce some mixed outcomes for the company.
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.
By Dr Phar Kim Beng
Few economic indicators shape global stability as decisively as the price of oil.
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, March 10 (Bernama) -- Investors should diversify their portfolios and consider shifting towards low-risk, higher-quality investments during periods of uncertainty caused by volatile oil prices, according to Asia School of Business chief executive officer and president Prof Joseph Cherian.
By Kisho Kumari Sucedaram
KUALA LUMPUR, March 10 (Bernama) -- Airlines in Asia are reviewing fares and operational plans as rising jet fuel prices linked to escalating conflict in West Asia begin to ripple across the aviation industry, with some carriers already introducing fuel surcharge adjustments.
KUALA LUMPUR, March 10 (Bernama) -- RHB Investment Bank Bhd (RHB IB) said Malaysia’s energy sector remains a defensive play should geopolitical tensions persist, potentially triggering a market risk-off mode.
KUALA LUMPUR, March 10 (Bernama) -- RHB Investment Bank Bhd (RHB IB) maintained a “neutral” call on the transportation sector, with the ongoing West Asia conflict expected to have a limited impact on Westports Holdings Bhd, while logistics companies could benefit from higher freight rates.
KUALA LUMPUR, March 9 (Bernama) -- Following the surge in global oil prices on March 9, Asian governments face heightened fiscal and inflationary risks from rising global oil prices as the region remains structurally dependent on energy imports, said OCBC.
HONG KONG, March 9 (Bernama-Xinhua) -- Hong Kong's stock market ended lower on Monday with the benchmark Hang Seng Index down 1.35 per cent to close at 25,408.46 points, reported Xinhua.
KUALA LUMPUR, March 9 (Bernama) -- Malaysia is well-positioned to manage potential economic fallout from escalating conflict in the Middle East, backed by its status as a net energy exporter and strong economic fundamentals, Finance Minister II Datuk Seri Amir Hamzah Azizan said.
By Kisho Kumari Sucedaram
KUALA LUMPUR, March 9 (Bernama) -- The Lufthansa Group, which is strengthening its presence in Southeast Asia, views Malaysia as a lucrative aviation market, especially for leisure and business travellers as airlines recalibrate networks and seek growth opportunities beyond the increasingly volatile Middle East region.
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.
