KOTA KINABALU, March 3 (Bernama) -- Sabah Chief Minister Datuk Seri Hajiji Noor has welcomed Petroliam Nasional Bhd’s (Petronas) commitment to exploring further collaboration to enhance Sabah’s participation in the oil and gas industry.
KUALA LUMPUR, March 3 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) has maintained Malaysia’s gross domestic product (GDP) growth projection at 4.0 per cent to 5.0 per cent for 2026, reflecting expectations of continued strength in the domestic economy.
KUALA LUMPUR, March 3 (Bernama) -- Malaysia’s substantial Liquefied Natural Gas (LNG) exports uniquely position the country to benefit from rising gas prices, with a US$5 per million British thermal units (MMBtu) increase estimated to add 1.23 per cent of gross domestic product to the current account.
By Siti Radziah Hamzah
KUALA LUMPUR, March 3 (Bernama) -- Petroliam Nasional Bhd (Petronas) is closely monitoring the developments in parts of the Middle East with concern and remains fully committed to ensuring the safety, security and welfare of its employees, dependents, as well as its contractors who are supporting its operations across the region.
KUALA LUMPUR, March 3 (Bernama) -- Bursa Malaysia ended the morning trading session higher, amid bargain-hunting activities after yesterday’s sharp losses.
KUALA LUMPUR, March 3 (Bernama) -- The government will continue to maintain the subsidised RON95 petrol price at RM1.99 per litre and has no plans to make any drastic changes to the current price or policy, said Economy Minister Akmal Nasrullah Nasir.
KUALA LUMPUR, March 3 (Bernama) -- A temporary closure or restriction of the Strait of Hormuz could sharply tighten supply, pushing up global crude oil and liquefied natural gas (LNG) prices, Economy Minister Akmal Nasrullah Nasir said.
KUALA LUMPUR, March 3 (Bernama) -- Malaysia has a moderate exposure to the ongoing United States-Iran conflict, and the situation is manageable from a macroeconomic standpoint, supported in part by its position as a net oil and gas exporter, said an economist.
KUALA LUMPUR, March 2 (Bernama) -- Bursa Malaysia ended broadly lower on Monday as risk sentiment deteriorated sharply following renewed escalation in the Middle East conflict, triggering a widespread regional equity sell-off.
KUALA LUMPUR, March 2 (Bernama) -- More than 88 per cent of 16.5 million eligible individuals, or close to 14.8 million, have benefited from the RM1.99 per litre RON95 price, according to Finance Minister II Datuk Seri Amir Hamzah.
KUALA LUMPUR, March 2 (Bernama) -- Bursa Malaysia ended the morning trading session in the red, in tandem with regional markets, as risk appetite for equities was dampened by the ongoing Middle East conflict.
KUALA LUMPUR, March 2 (Bernama) -- The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) latest decision to increase its crude oil production target by 206,000 barrels per day (bpd) for April is a signal that the grouping is prepared to use spare capacity if needed.
