23d ago
KUALA LUMPUR, April 18 (Bernama) -- Malaysia still needs to import crude oil despite having its own oil production because domestic consumption is much higher, at about 700,000 barrels per day, compared to the 350,000 barrels produced per day, according to the Finance Ministry (MoF).
23d ago
KUALA LUMPUR, April 18 (Bernama) -- Iran’s move to reopen the Strait of Hormuz is welcome news, but it is too early to celebrate as the security situation remains fragile with elevated insurance costs, University of Nottingham Malaysia assistant professor of business economics Dr Tan Chee Meng said.
23d ago
KUALA LUMPUR, April 18 (Bernama) -- The rubber market is expected to be quiet with a tendency to move sideways and lower next week, said industry expert Denis Low.
23d ago
By K. Naveen Prabu
KUALA LUMPUR, April 17 (Bernama) -- Malaysia’s consumer price index (CPI), which edged up 1.7 per cent in March 2026, remains contained and temporary in nature, with the increase largely driven by external cost factors rather than broad-based domestic demand, an economist said.
24d ago
KUALA LUMPUR, April 17 (Bernama) -- Bursa Malaysia turned higher at midday, lifted by the Department of Statistics Malaysia’s (DOSM) advance estimates showing that the economy is projected to grow by 5.3 per cent in the first quarter of 2026 (1Q 2026).
24d ago
KUALA LUMPUR, April 17 (Bernama) -- The Malaysian Plastics Manufacturers Association (MPMA) expects the country’s plastics manufacturing industry to experience continued volatility in the near to medium term amid the West Asia crisis.
24d ago
KUALA LUMPUR, April 16 (Bernama) -- Technology firms are seeking to relocate operations to Asia, and Malaysia is well-positioned to capitalise on this development in light of ongoing geopolitical turbulence in the Middle East.
25d ago
KUALA LUMPUR, April 16 (Bernama) – Malaysia’s ability to negotiate with Iran to secure safe passage for its crude oil imports through the vital Strait of Hormuz is not indicative of a failure of the principles of international maritime law, but rather reflects the reality that rights under law often require diplomatic backing, said a logistics expert.
25d ago
PUTRAJAYA, April 16 (Bernama) -- Malaysia and Australia have reaffirmed their commitment to ensuring stable and resilient energy supplies, with both leaders Prime Minister Datuk Seri Anwar Ibrahim and Anthony Albanese stressing the importance of open and predictable trade flows amid global uncertainties.
25d ago
KUALA LUMPUR, April 16 (Bernama) -- Bursa Malaysia edged higher at midday today, supported by improving sentiment amid growing expectations of a de-escalation of tensions in West Asia.
25d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, April 16 (Bernama) -- Bursa Malaysia opened slightly higher on Thursday but pared gains shortly after, tracking cues from Wall Street.
25d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 16 (Bernama) -- The ringgit opened marginally higher against the US dollar today, supported by optimism that renewed US-Iran talks could ease tensions along key global oil routes.