Oil Price Shocks, Inflation and the Fragility of the Global Economy
By Dr Phar Kim Beng
Few economic indicators shape global stability as decisively as the price of oil.
By Dr Phar Kim Beng
Few economic indicators shape global stability as decisively as the price of oil.
KUALA LUMPUR, March 9 (Bernama) -- Black & Veatch, a global leader in human critical infrastructure, has been selected by Formosa Heavy Industry Corporation (FHI) to deliver the full engineering design scope for a 2 x 1200 megawatt (MW) H class combined cycle power plant in Mailiao, Taiwan.
KUALA LUMPUR, March 5 (Bernama) -- RON95 subsidies for the fourth quarter (4Q) of 2024 amounted to RM3 billion, before declining to RM1.8 billion in 4Q 2025, according to the Ministry of Finance (MoF).
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.
KUALA LUMPUR, March 3 (Bernama) -- U Mobile has signed a memorandum of understanding (MoU) with Huawei Technologies (Malaysia) Sdn Bhd to accelerate the development of cutting-edge applications in line with U Mobile’s digital transformation goals.
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) -- 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 24 (Bernama) -- LyondellBasell (LYB), a leader in the global chemical industry, has announced updates to its 2030 climate and circularity goals, citing the need for disciplined capital allocation amid evolving market conditions and regulatory developments.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Feb 22 (Bernama) -- Many Malaysians may be tightening their belts, but when it comes to Hari Raya Aidilfitri, cutting back is often not an option, as households continue to prioritise festive spending despite ongoing cost-of-living pressures.
By Nurunnasihah Ahmad Rashid and Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Feb 21 (Bernama) -- The United States (US) Supreme Court ruling limiting President’s unilateral tariff authority would improve global economic and market sentiment, with economists saying the development could benefit Malaysia’s exports, capital markets and currency outlook.
JAKARTA, Feb 19 (Bernama) -- Bank Indonesia (BI) has maintained its benchmark policy rate at 4.75 per cent, citing heightened global uncertainty while keeping the door open for potential easing.
KUALA LUMPUR, Feb 18 (Bernama) -- On paper, Malaysia has one of Southeast Asia’s most advanced motorsport facilities.