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Xsolla Agency Connects Game Developers With Entertainment-Based IP

KUALA LUMPUR, March 6 (Bernama) -- Xsolla, a global video game commerce company, has launched Xsolla Agency, a comprehensive service connecting game developers with premium entertainment-based intellectual property (IP).

1,325 Traders From 2024 To January 2026 Collected Tax Despite Not Registering For SST - MOF

KUALA LUMPUR, March 5 (Bernama) -- Records from the Royal Malaysian Customs Department (JKDM) revealed that, from 2024 to January 2026, 1,325 traders did not register for the Sales and Service Tax (SST) despite collecting the tax, according to the Ministry of Finance (MOF).

MATRADE Takes Mitigation Steps To Safeguard Malaysian Exports Amid West Asia Conflicts

KUALA LUMPUR, March 5 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) is taking proactive steps to cushion the impact of escalating geopolitical conflicts in West Asia, by activating a comprehensive mitigation framework to support Malaysian exporters navigating maritime blockades, surging logistics costs and supply chain disruptions. 

Ringgit Ends Lower As Risk Aversion Boosts US Dollar

By Siti Noor Afera Abu

KUALA LUMPUR, March 3 (Bernama) -- The ringgit ended lower against the US dollar on Tuesday as risk aversion strengthened the greenback, with investors remaining cautious amid the escalating conflict in the Middle East.

PAC Calls On Felcra To Reassess 30,000-Hectare Land Bank Goal

KUALA LUMPUR, March 3 (Bernama) -- The Public Accounts Committee (PAC) has recommended that the Federal Land Consolidation and Rehabilitation Authority (FELCRA) revise its target for acquiring a land bank of 30,000 hectares to a more realistic level.

Oil Prices May Climb Towards US$90-US$100 On Saudi Aramco’s Ras Tanura Disruption, Analysts Say

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.

Disruption Of Global Aviation Enters Third Day With Airport And Airspace Closures

By Kisho Kumari Sucedaram

KUALA LUMPUR, March 2 (Bernama) – As the war in the Middle East enters its third day, global aviation continues to be disrupted with commercial flights across the region remaining at a standstill, as major airports continue to be closed and regional airspace restricted, resulting in a mind-boggling 2,000 flights being cancelled.

Iranian Drone Hits Saudi Aramco's Ras Tanura Refinery: Reports

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.

OPEC+ Latest Decision To Increase Output Signals Stockpiling Exercise - Rystad Energy

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.

US-Iran Conflict Disrupts Global Aviation, Could Cost Industry More Than US$1 Bln 

By Zufazlin Baharuddin & Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 1 (Bernama) -- The US-Iran conflict has significantly disrupted airport operations and is poised to have a material near-term impact on global aviation, with aggregate industry costs potentially exceeding US$1 billion (US$1 = RM3.89) should the situation intensify, an economist said.

Force Majeure Unlikely Despite Strait Of Hormuz Shipping Disruption -- Analyst

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.