16d ago
KUALA LUMPUR, March 6 (Bernama) -- Malaysia’s strong economic fundamentals, positive growth prospects and ongoing reform measures will continue to support the ringgit in the face of conflict in the Middle East, said Bank Negara Malaysia (BNM).
17d ago
By Zufazlin Baharuddin
KUALA LUMPUR, March 5 (Bernama) -- Bank Negara Malaysia’s decision to keep the Overnight Policy Rate (OPR) steady at 2.75 per cent reflects a policy stance that remains supportive in the face of an increasingly uncertain external environment.
17d ago
KUALA LUMPUR, March 5 (Bernama) -- Prolonged conflict in the Middle East could sustain a price floor for crude oil through 2026, lending underlying support to palm oil prices and reinforcing firmer trends across the global edible oils market.
17d ago
KUALA LUMPUR, March 5 (Bernama) -- The ringgit opened marginally higher against the US dollar on Thursday as traders shifted focus to the overnight policy rate (OPR) announcement later in the day, despite the ongoing conflict in the Middle East.
18d ago
KUALA LUMPUR, March 4 (Bernama) -- Both of Malaysia's commitments regarding Licensing Certainty as contained in the Joint Statement on the Agreement on Reciprocal Trade (ART) (Article 5.2) and the memorandum of understanding (MoU) on Critical Minerals (Areas of Cooperation, Section 3) do not affect the government's decision to enforce technical conditions on Lynas Malaysia or other rare earth elements (REE) companies that are about to be approved to operate in Malaysia.
18d ago
KUALA LUMPUR, March 4 (Bernama) -- Lufthansa Airlines has launched its new non-stop flights between Kuala Lumpur (KL) and Frankfurt today, in a move to strengthen its network in Southeast Asia and focusing on growth in the dynamic region.
18d ago
KUALA LUMPUR, March 4 (Bernama) -- Synchronoss Technologies Inc (Synchronos), a global leader and innovator in personal cloud platforms, has launched Jelly Toast in India, a new app designed for shared celebrations and group memories.
18d ago
KUALA LUMPUR, March 4 (Bernama) -- Bursa Malaysia ended the morning trading session lower, tracking the weaker Wall Street performance overnight amid concerns over global oil and gas supplies and inflation risks as the Middle East crisis continues.
19d ago
KUALA LUMPUR, March 3 (Bernama) -- Malaysia has a moderate exposure to the ongoing United States-Iran conflict, and the situation is manageable from a macroeconomic standpoint, supported in part by its position as a net oil and gas exporter, said an economist.
19d ago
By K. Naveen Prabu
KUALA LUMPUR, March 3 (Bernama) -- Crude oil prices may head towards the US$90-US$100 per barrel level following the disruption at Saudi Arabian state-owned oil giant Saudi Aramco’s Ras Tanura plant, analysts say.
20d ago
KUALA LUMPUR, March 2 (Bernama) -- Bursa Malaysia ended broadly lower on Monday as risk sentiment deteriorated sharply following renewed escalation in the Middle East conflict, triggering a widespread regional equity sell-off.
20d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, March 2 (Bernama) – The global maritime industry is closely monitoring rising tensions in the Middle East, with hull insurance and cargo war risk coverage skyrocketing in response to the current situation.