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KUALA LUMPUR, June 10 (Bernama) -- The government's subsidy bill for RON95 petrol and diesel is projected to remain high at about RM3.5 billion a month at current market prices, amid the ongoing conflict in West Asia, the Ministry of Finance (MOF) said.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, June 10 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Wednesday, tracking weaker regional rubber futures markets amid concerns over soft demand from China's automotive sector, a dealer said.
By Harizah Hanim Mohamed
KUALA LUMPUR, June 10 (Bernama) -- Bursa Malaysia closed higher on Wednesday, outperforming some regional peers as renewed weakness in global technology stocks and escalating tensions in West Asia prompted investors to rotate into more defensive and domestically oriented markets.
TOKYO, June 10 (Bernama) -- Malaysia and Japan can make a meaningful contribution to strengthening regional supply chains, particularly in semiconductors, Prime Minister Datuk Seri Anwar Ibrahim said today.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, June 9 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower on Tuesday, weighed down by weakness in the Chicago Board of Trade (CBOT) soybean oil futures, a trader said.
By Danni Haizal Danial Donald
KUALA LUMPUR, June 9 (Bernama) -- The ringgit closed higher against the US dollar and was mostly stronger against regional currencies on Tuesday, supported by improved market sentiment amid easing geopolitical tensions in West Asia.
By Harizah Hanim Mohamed
KUALA LUMPUR, June 9 (Bernama) -- Bursa Malaysia ended lower on Tuesday as investors adopted a cautious stance amid external uncertainties, keeping a close watch on the upcoming United States inflation as well as developments surrounding the fragile Israel-Iran ceasefire.
KUALA LUMPUR, June 9 (Bernama) – Malaysia’s monthly fuel subsidy bill climbed to as high as RM7.5 billion at one point in April, as tensions in West Asia pushed up global oil prices and heightened concerns over energy supplies, Finance Minister II Datuk Seri Amir Hamzah Azizan said.
KUALA LUMPUR, June 9 (Bernama) -- Malaysia must continue to strengthen fiscal discipline, improve public service delivery, support businesses, protect the rakyat and position the country to capture higher-value investment and growth, said Finance Minister II Senator Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, June 9 (Bernama) -- Malaysia’s role as a strategic semiconductor hub is becoming increasingly important as geopolitical tensions continue to reshape global supply chains.
KUALA LUMPUR, June 8 (Bernama) -- More than 8,500 small and medium enterprises (SMEs) in the healthcare sector across Pharmaniaga Bhd's network will benefit from its strategic partnership with CrediBill Sdn Bhd, which offers payment flexibility for the purchase of pharmaceutical and healthcare products.
By Harizah Hanim Mohamed
KUALA LUMPUR, June 8 (Bernama) -- Bursa Malaysia recorded a decline of 0.82 per cent at the close today with the diversified composition of the FTSE Bursa Malaysia KLCI (FBM KLCI) helping to cushion the impact of global market weakness.
