ISTANBUL, March 2 (Bernama-Anadolu/Ina) -- An Iranian drone strike targeted Saudi Aramco’s Ras Tanura oil refining facility on Monday, igniting a fire outbreak, Anadolu Ajansi reported, citing media reports.
KUALA LUMPUR, March 2 (Bernama) -- The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) latest decision to increase its crude oil production target by 206,000 barrels per day (bpd) for April is a signal that the grouping is prepared to use spare capacity if needed.
KUALA LUMPUR, March 1 (Bernama) -- Early and coordinated policy intervention will be critical in determining whether the escalating United States-Iran conflict remains a temporary external shock or evolves into a more persistent economic challenge for Malaysia, an economist said.
KUALA LUMPUR, March 1 (Bernama) -- Gulf national oil companies are unlikely to declare force majeure pre-emptively amid elevated geopolitical risks in the Middle East, following the reported sea traffic disruptions in the Strait of Hormuz, said SPI Asset Management managing partner Stephen Innes today.
By Harizah Hanim Mohamed & Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, March 1 (Bernama) -- Global markets turned cautious on Sunday following the latest United States military action against Iran, with economists warning that heightened geopolitical risks due to the situation in the Middle East could reinforce risk-off sentiment and affect oil prices, the ringgit, and trade flows, said analysts.
JOHOR BAHRU, March 1 (Bernama) -- Pineapple producer and exporter Aqina Fruits Sdn Bhd saw a nearly fourfold jump in export value in 2025 to RM2.68 million, increasing significantly from RM628,000 in 2024.
PUTRAJAYA, Feb 28 (Bernama) -- Malaysia’s recent economic achievements, including the ringgit’s performance as one of the strongest currencies in Asia, are the result of governance reforms and continuous efforts to combat corruption and misappropriation of public funds.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Feb 28 (Bernama) -- Malaysia’s economic outlook amid the current situation between Iran and the United States will depend largely on whether there is any physical disruption to crude shipments through the Strait of Hormuz, said SPI Asset Management managing partner Stephen Innes.
KUALA LUMPUR, Feb 27 (Bernama) -- CIMB Treasury and Markets Research expects Bank Negara Malaysia (BNM) to maintain the overnight policy rate (OPR) at 2.75 per cent at the next Monetary Policy Committee (MPC) meeting on March 5, amid renewed uncertainty over the United States tariff rates.
KUALA LUMPUR, Feb 27 (Bernama) -- Sarawak aims to export electricity to Brunei by early next year, said Deputy Minister of Energy and Environmental Sustainability Sarawak Datuk Dr Hazland Hipni.
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 26 (Bernama) -- The ringgit’s roughly 10 per cent appreciation against the US dollar in 2025 has lowered the cost of imported technology and equipment, making it an opportune time to adopt new software and machinery, said ber
