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Sabah Monitors Global Conflict Impact On Supply Chains

KOTA KINABALU, March 14 (Bernama) -- The Sabah government is monitoring the impact of global conflicts on goods supply chains and their implications for consumers through the state's Ministry of Industrial Development, Entrepreneurship and Transport (MINDET).

Surge In Global Energy Prices Support Bio-based Commodities  — Noraini 

KUALA LUMPUR, March 14 (Bernama) — The increase in global energy prices can potentially support demand for bio-based commodities such as palm oil, particularly in the biofuel sector, which can positively impact global prices.

Institutions Over Barrels: Why Petronas Matters to Malaysia’s Energy Security

By Samirul Ariff

Public discussion about energy often begins with a simple question: how much oil does a country possess? Yet this question, while intuitive, can be misleading. The real determinant of energy security is not merely the quantity of hydrocarbons beneath the ground, but the institutions and systems that govern their extraction, transport and distribution. Malaysia’s experience illustrates this principle clearly.

Sunway Invests RM23 Million To Expand SJK (C) Cheah Fah In Johor

ISKANDAR PUTERI, March 14 (Bernama) -- SJK (C) Cheah Fah has launched the second phase of its expansion, supported by RM23 million from Sunway Group, to accommodate rising student enrolment as Johor’s southern corridor develops.

Prolonged US-Iran Conflict May Trigger 70 Pct Drop In West Asia Oil Output -- Rystad Energy

KUALA LUMPUR, March 14 (Bernama) -- A prolonged conflict between the United States (US) and Iran could slash West Asia crude oil output by as much as 70 per cent in a worst-case scenario, energy research firm Rystad Energy said.

Rubber Market To Trade Cautiously Next Week Amid West Asia Conflict Uncertainties

By Danni Haizal Danial Donald

KUALA LUMPUR, March 14 (Bernama) -- The Malaysian rubber market is expected to trade cautiously next week, as the market monitors uncertainties around the ongoing West Asia conflict and the closure of the Strait of Hormuz, said industry expert Denis Low.

Daily Life In Hanoi Continues Unabated Despite Work From Home Call To Save On Fuel Costs

From Nur Athirah Mohd Shaharuddin

HANOI, March 14 (Bernama) – Despite the war in West Asia that has spiked oil prices, the people of Vietnam seem oblivious to the consequent inflationary pressures, especially for a nation that depends significantly on imported crude oil.

MITI To Give Explanation On Alleged Excess Capacity, Forced Labour -- Johari

KUALA LUMPUR, March 13 (Bernama) -- Malaysia will give an explanation to the United States (US) regarding allegations of structural excess capacity and production as well as the use of forced labour, which are among issues under probe under Section 301(b) of the US’ Trade Act of 1974.

Malaysia's Economic Performance Still Positive Despite Global Uncertainty -- Chief Statistician

JASIN, March 13 (Bernama) -- Malaysia has continued to show positive economic performance despite global uncertainty, according to the Department of Statistics Malaysia (DOSM) chief statistician Datuk Seri Dr Mohd Uzir Mahidin.

France Seeks To Expand Investments In Malaysia’s Aeronautics, Energy And Critical Minerals Sectors -- Envoy

By K. Naveen Prabu

KUALA LUMPUR, March 13 (Bernama) -- France is encouraging more of its companies to invest in Malaysia, particularly in sectors such as aeronautics, energy, and critical minerals, including rare earth elements (REE), according to French Ambassador to Malaysia, Marc Abensour.

Oil Price Increase Also Poses Challenges To Oil-Producing Countries -- Tengku Zafrul

KUALA LUMPUR, March 13 (Bernama) -- The rise in global oil prices not only puts pressure on oil-importing countries but also impacts oil-producing countries such as Malaysia, said Malaysian Investment Development Authority (MIDA) chairman Tengku Datuk Seri Zafrul Abdul Aziz.

Strait of Hormuz: How The Strategic Flashpoint In The West Asia Conflict Is Roiling Global Oil Markets

By Voon Miaw Ping

KUALA LUMPUR, March 13 (Bernama) -- Intensifying maritime security tensions in the Strait of Hormuz amid the ongoing military conflict between the United States (US), Israel and Iran are putting the strategic chokepoint under intense international scrutiny.