| LATEST NEWS | Ringgit slips to 3.9620/9670 against the US dollar from 3.9530/9585 on Tuesday | |
KUALA LUMPUR, March 13 (Bernama) -- Continued tensions in the Middle East will have impact on economic security and stability, the livelihoods of millions of people in the region, and hinder economic progress in ASEAN, according to a joint statement by the ASEAN Economic Ministers.
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.
KUALA LUMPUR, March 13 (Bernama) -- Malaysia’s position as a net energy exporter, with petroleum reserves confirmed sufficient until at least May 2026, and the fiscal headroom created by two years of subsidy rationalisation, has placed the country in a meaningfully stronger position than its neighbours to navigate the current global energy crisis.
KUALA LUMPUR, March 13 (Bernama) -- AM Best has downgraded the financial strength rating to A- (Excellent) from A (Excellent) and the long-term issuer credit rating to “a-” (Excellent) from “a” (Excellent) of Malaysia’s Energas Insurance (L) Limited (ENERGAS).
KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia’s benchmark index reversed earlier losses to end at its intraday high on Thursday, staging a late rebound during the final hour of trading.
KUALA LUMPUR, March 12 (Bernama) -- The Dewan Rakyat and Dewan Negara sessions for the First Meeting of 2026, which ended today, saw the focus given to boosting the country’s economic resilience, fiscal management, and the government’s efforts to monitor the impact of the West Asia conflicts on the national and global economy.
KUALA LUMPUR, 12 March (Bernama) -- Smiths Detection has announced the sale of its 2,000th HI-SCAN 6040 CTiX, a 3D X-ray scanner designed to enhance aviation security screening through high-resolution computed tomography images and artificial intelligence (AI)-driven automatic detection.
KUALA LUMPUR, March 12 (Bernama) -- The continued closure of the Strait of Hormuz following the United States (US)-Iran military escalation is pushing Gulf countries’ oil inventories toward maximum capacity, posing serious operational challenges for refiners across the region.
KUALA LUMPUR, March 12 (Bernama) -- The Malaysian Rubber Glove Manufacturers Association (MARGMA) and Monash University Malaysia have signed a memorandum of understanding (MoU) to strengthen talent development, research collaboration, and innovation within Malaysia’s rubber glove industry.
KUALA LUMPUR, March 12 (Bernama) -- Malaysia should continue its diplomatic engagement while demonstrating transparency in its manufacturing and supply chains, and strengthening trade diversification, an economist said.
KUALA LUMPUR, March 12 (Bernama) -- Malaysia’s natural rubber (NR) production decreased by 0.4 per cent in January 2026 to 28,579 tonnes, compared with 28,684 tonnes in December 2025, according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, March 12 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, announced it has signed definitive agreements with JERA Co Inc (JERA) to acquire JERA Gorgon Pty Ltd, which holds a 0.417 per cent interest in the Gorgon LNG project.
