12d ago
KUALA LUMPUR, March 9 (Bernama) -- Malaysia may be able to maintain the price of RON95 fuel at RM1.99 per litre even if global oil prices rise amid tensions around the Strait of Hormuz, but doing so could increase fiscal pressure and affect fiscal consolidation plans, said an economist.
14d ago
KUALA LUMPUR, March 7 (Bernama) -- Malaysia can capitalise on the large-scale oil supply disruption caused by the conflict in the Middle East by positioning itself as a viable and more reliable energy supplier to customers in Asia, said commentator and scholar in the field of maritime and oil and gas, Nazery Khalid.
16d ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 5 (Bernama) -- Petroliam Nasional Bhd (Petronas) has activated its business continuity protocols for its United Arab Emirates (UAE) operations to ensure operational and financial performance across the region.
16d ago
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).
16d ago
KUALA LUMPUR, March 5 (Bernama) -- Brent crude prices are expected to stabilise after an initial geopolitical-driven spike, keeping Malaysia’s inflation modest at 1.6–1.9 per cent and the 2026 fiscal deficit on track at 3.5 per cent of gross domestic product (GDP), Apex Securities Bhd said.
16d ago
KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia ended the morning trading session higher ahead of the announcement of Bank Negara Malaysia’s overnight policy rate (OPR), with the market expecting the central bank to maintain its policy rate at 2.75 per cent.
17d ago
KUALA LUMPUR, March 4 (Bernama) -- The government is monitoring the current conflict in the Middle East but has assured that there will be minimal impact on Malaysia’s total trade, said Deputy Investment, Trade and Industry Minister Sim Tze Tzen.
17d ago
KUALA LUMPUR, March 4 (Bernama) -- Bursa Malaysia ended the morning trading session lower, tracking the weaker Wall Street performance overnight amid concerns over global oil and gas supplies and inflation risks as the Middle East crisis continues.
17d ago
KUALA LUMPUR, March 4 (Bernama) -- Crude oil and condensate production rose by 1.1 per cent to 183.6 million barrels in 2025, reversing the 3.5 per cent decline recorded in 2024, said the Department of Statistics Malaysia (DOSM).
17d ago
KUALA LUMPUR, March 4 (Bernama) -- Bursa Malaysia opened slightly lower on Wednesday, tracking Wall Street’s weaker performance overnight.
17d ago
PUTRAJAYA, March 4 (Bernama) -- Transport and food prices are expected to face the earliest and most visible pressure from the escalating geopolitical conflict in the Middle East, with economists warning that a gradual rise in living costs, as higher oil, logistics, and agricultural input costs filter through the economy.
17d ago
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.