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Malaysia In Stronger Position Thanks To Net Energy Exporter Status, Subsidy Reforms

KUALA LUMPUR, March 13 (Bernama) -- Malaysia’s position as a net energy exporter, with petroleum reserves confirmed sufficient until at least May 2026, and the fiscal headroom created by two years of subsidy rationalisation, has placed the country in a meaningfully stronger position than its neighbours to navigate the current global energy crisis.

Bursa Malaysia Slips Below 1,700 Level At Close As Global Uncertainties Weigh On Equities

KUALA LUMPUR, March 13 (Bernama) --  Bursa Malaysia ended lower on Friday, slipping below the key 1,700 psychological level as geopolitical headlines continued to drive market sentiment, said an analyst.

Rakuten Trade Forecasts FBM KLCI At 1,800 In 2026 Amid Global Uncertainty

KUALA LUMPUR, March 13 (Bernama) -- Rakuten Trade has revised its forecast for the FTSE Bursa Malaysia KLCI (FBM KLCI) slightly lower at 1,800 for 2026 from 1,810 previously in view of the overhanging uncertainty.

MRANTI Park Drives Innovation Linking Research And Industry

KUALA LUMPUR, March 13 (Bernama) -- The Malaysian Research Accelerator for Technology and Innovation (MRANTI) is advancing a mission-driven approach that connects research, technology development and industry deployment through MRANTI Park.

ALMAL Real Estate Development Appoints Wyndham For Bali Nusa Dua Project

KUALA LUMPUR, March 13 (Bernama) -- ALMAL Real Estate Development announced the appointment of Wyndham Hotels & Resorts for The One by ALMAL Bali Nusa Dua, a Registry Collection Hotel, a luxury hospitality destination planned for the prestigious resort enclave of Nusa Dua, Bali.

Empire Premium Food Signs Underwriting Agreement With Maybank IB

KUALA LUMPUR, March 13 (Bernama) -- Empire Premium Food Bhd has entered into a retail underwriting agreement with Maybank Investment Bank Bhd (Maybank IB) for its initial public offering (IPO) and proposed listing on the Main Market of Bursa Malaysia.

Govt Working To Ensure Oil Supply Remains Secure, Stable - Amir Hamzah

KUALA LUMPUR, March 13 (Bernama) — The government is working to extend the country’s oil supply security and ensure domestic supply remains stable following the conflict in West Asia, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Bursa Malaysia Slips Below 1,700 Level At Midday As Oil Price Surge Weighs On Sentiment

KUALA LUMPUR, March 13 (Bernama) -- Bursa Malaysia remained lower at midday, falling below the 1,700 psychological level, in line with the weaker performance of most regional peers amid dented sentiment following a surge in crude oil prices, with Brent crude hovering above US$100 per barrel at noon.

Batik Air Adjusts Fuel Surcharges On Selected Routes Amid Rising Jet Fuel Prices

By Kisho Kumari Sucedaram

KUALA LUMPUR, March 13 (Bernama) -- Batik Air Malaysia has implemented modest adjustments across selected routes, including fuel surcharges structured by route category, in response to rising operating costs driven by higher jet fuel prices.

Malaysia’s Economy Expected To Remain Strong In 2026 -- Amir Hamzah

KUALA LUMPUR, March 13 (Bernama) -- Malaysia’s impressive economic performance in 2025 is expected to continue driving the country’s economic momentum this year, despite global uncertainties and geopolitical challenges.

Gov’t To Cover Fuel Subsidies Expected To Reach RM3.2 Bln Monthly For Public Welfare -- Amir Hamzah

KUALA LUMPUR, March 13 (Bernama) -- The government will ensure citizens continue to receive assistance through targeted RON95 subsidies under the BUDI95 initiative, while keeping petrol and diesel prices unchanged despite the rise in fuel subsidy spending, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

MAG Continues To Review Fares, Fuel Surcharges Amid Market Volatility

By Kisho Kumari Sucedaram

KUALA LUMPUR, March 13 (Bernama) -- Malaysia Aviation Group (MAG) said the airlines under its portfolio are continuously reviewing airfares and fuel surcharges in response to prevailing market conditions.