20d ago
KUALA LUMPUR, March 2 (Bernama) -- The United States-Iran conflict could result in Brent crude prices posting a “knee-jerk” move of US$15-US$20 per barrel (bbl) (US$1=RM3.89) from the latest close, potentially lifting it towards the US$90 bbl level, said Public Investment Bank Bhd (Public IB).
21d ago
KUALA LUMPUR, March 1 (Bernama) -- Early and coordinated policy intervention will be critical in determining whether the escalating United States-Iran conflict remains a temporary external shock or evolves into a more persistent economic challenge for Malaysia, an economist said.
21d ago
KUALA LUMPUR, March 1 (Bernama) -- Gulf national oil companies are unlikely to declare force majeure pre-emptively amid elevated geopolitical risks in the Middle East, following the reported sea traffic disruptions in the Strait of Hormuz, said SPI Asset Management managing partner Stephen Innes today.
21d ago
By Harizah Hanim Mohamed & Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, March 1 (Bernama) -- Global markets turned cautious on Sunday following the latest United States military action against Iran, with economists warning that heightened geopolitical risks due to the situation in the Middle East could reinforce risk-off sentiment and affect oil prices, the ringgit, and trade flows, said analysts.
21d ago
KUALA LUMPUR, March 1 (Bernama) -- Brent crude oil could jump by around US$20 on Monday as risk premiums are rapidly repriced unless clear and credible signals of de-escalation emerge over the weekend following the US-Israel attack on Iran, research and energy intelligence company Rystad Energy said today.
22d ago
By Hasnah Jusid
JOHOR BAHRU, Feb 28 (Bernama) -- Johor’s target of achieving a gross domestic product (GDP) of RM260 billion by 2030 has been described as realistic, with the Johor-Singapore Special Economic Zone (JS-SEZ) expected to be one of the main drivers of the state’s economic growth.
23d ago
KUALA LUMPUR, Feb 27 (Bernama) -- The Asia Pacific Green Hydrogen Conference and Exhibition (APGH) 2026, from June 9–11 in Kuching, Sarawak, aims to position the region as a competitive and resilient green hydrogen hub in support of Malaysia’s and Sarawak’s low-carbon ambitions.
23d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Feb 27 (Bernama) -- Bursa Malaysia ended lower on Friday as investors locked in gains following a recent rally.
24d ago
KUALA LUMPUR, Feb 26 (Bernama) -- Bursa Malaysia closed lower on Thursday but managed to rebound from its intraday low, weighed down by profit-taking, particularly in financial stocks.
24d ago
KUALA LUMPUR, Feb 26 (Bernama) -- Holafly has emphasised the growing importance of digital access for employees travelling internationally, citing insights from its Global eSIM & Travel Report showing 79 per cent of companies now provide some form of mobile connectivity abroad.
24d ago
LABUAN, Feb 26 (Bernama) -- Megah Port Management Sdn Bhd (MPM), the operator of Labuan Port, is working closely with the Department of Occupational Safety and Health (DOSH) to further enhance workplace safety standards for port employees and port users.
25d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Feb 25 (Bernama) -- Bursa Malaysia closed lower on Wednesday on profit-taking activity, extending its loss for the second straight session.