Bursa Malaysia Says Broker-level Cyber Incidents Contained, Market Integrity Intact
KUALA LUMPUR, March 12 (Bernama) -- Several brokers reported cybersecurity incidents within their system components, said Bursa Malaysia Bhd.
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MARGMA, Monash Malaysia Sign Mou To Boost Rubber Glove Talent
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.
EIG’s MidOcean Energy Expands Gorgon LNG Stake Through JERA Acquisition
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.
Bursa Malaysia Remains Lower At Midday As Oil Price Surge Weighs
By Zufazlin Baharuddin
KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia remained lower at midday, tracking the downbeat performance of regional peers amid dented sentiment from a surge in crude oil prices, with Brent crude hovering above US$100 per barrel at noon (US$1=RM3.91).
Economy Ministry Finalising JS-SEZ Masterplan, Investment Blueprint
PUTRAJAYA, March 12 (Bernama) -- The Ministry of Economy is finalising the master plan and investment blueprint for the Johor-Singapore Special Economic Zone (JS-SEZ), which is expected to be launched on March 30 in Johor Bahru.
O&G Related Stocks Higher At Early Trade As Crude Oil Prices Surge
KUALA LUMPUR, March 12 (Bernama) -- Oil and gas-related stocks were trading higher at the open after crude oil prices surged following tanker attacks in Iraqi waters amid the US-Iran conflict.
Malaysia Has Some Structural Resilience To External Shocks But Cannot Fully Insulate Itself - Petronas
KUALA LUMPUR, March 12 (Bernama) -- Petroliam Nasional Bhd (Petronas) says the country has a degree of structural resilience to external shocks arising from the ongoing US-Iran conflict.
Bursa Malaysia Opens Lower As Geopolitical Risks Persist
By Zufazlin Baharuddin
KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia opened lower on Thursday, weighed down by softer Wall Street performance amid ongoing US-Iran tensions, while crude oil prices remained elevated.
Johor Economic Transformation Plan Channels Each District’s Strength To Drive Economic Growth
JOHOR BAHRU, March 12 (Bernama) -- Benefits from Johor’s economic development will be felt across all 10 of the state’s districts through the implementation of the Johor Economic Transformation Plan (JETP), said Menteri Besar Datuk Onn Hafiz Ghazi.
US Investigates Manufacturing Overcapacity In 15 Economies, Including Malaysia, EU
By Nor Baizura Basri
KUALA LUMPUR, March 12 (Bernama) -- The United States (US) has initiated investigations into the acts, policies, and practices of 15 economies, including Malaysia and the European Union (EU), under Section 301(b) of the Trade Act of 1974 relating to structural excess capacity and production in manufacturing sectors.
US-Iran Conflict And Energy Lockdowns: What's Next For Asia?
By Saraswathi Muniappan
KUALA LUMPUR, March 12 (Bernama) -- The latest disruption to global trade due to the United States-Iran conflict is hardly surprising.
Ringgit Extends Gains At Opening As Oil Prices Stabilise
KUALA LUMPUR, March 12 (Bernama) -- The ringgit extended gains against the US dollar and other currencies at Thursday’s opening, supported by stabilising oil prices following the International Energy Agency’s (IEA) decision to release additional supply into the market, an economist said.