AM Best Downgrades Petronas Captive Insurer ENERGAS

KUALA LUMPUR, March 13 (Bernama) -- AM Best has downgraded the financial strength rating to A- (Excellent) from A (Excellent) and the long-term issuer credit rating to “a-” (Excellent) from “a” (Excellent) of Malaysia’s Energas Insurance (L) Limited (ENERGAS).

Elsa Gets Bursa Malaysia Approval For ACE Market Listing

KUALA LUMPUR, March 12 (Bernama) -- Oil and gas integrated service provider Elsa Bhd has received approval from Bursa Malaysia Securities Bhd to list on the ACE Market of Bursa Malaysia.

Elevated Crude Oil Prices Will Result In Some Mixed Outcomes - Petronas

By Nor Baizura Basri

KUALA LUMPUR, March 11 (Bernama) -- Petronas said the elevated crude oil prices resulting from the US-Iran conflict are expected to produce some mixed outcomes for the company.

Bursa Malaysia Ends Broadly Lower Amid Regional Sell-Off, CI Down 2.56 Pct

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 9 (Bernama) -- Bursa Malaysia closed broadly lower today in line with widespread selling across regional markets as the intensifying conflict in the Middle East dampened investor sentiment and reignited concerns over global inflation. 

Govt Raises Pepper Industry Allocation To RM45.8 Mln In 2026 -- Noraini

BATU PAHAT, March 9 (Bernama) -- The Ministry of Plantation and Commodities has increased the allocation for the development of the pepper industry to RM45.8 million in 2026 under the 13th Malaysia Plan (13MP), compared to RM21.4 million last year.

RON95 Can Hold At RM1.99 Amid Oil Price Surge But Fiscal Pressure May Rise, Says Economist

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.

Penang Bags 83 Projects In 2025, 78 Pct Foreign Investment -- MIDA

KUALA LUMPUR, March 6 (Bernama) -- Malaysia’s key industrial clusters continue to gain depth and momentum, evolving into strong, self-reinforcing ecosystems that attract quality investments, with Penang securing 83 projects worth RM11.3 billion in 2025, with 78 per cent driven by foreign investors. 

Bursa Malaysia Rises On Wall Street Gains

KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia opened higher on Thursday, tracking positive overnight Wall Street performance as easing oil prices and upbeat economic data soothed concerns over the US-Iran geopolitical crisis.

MOSTI Focuses On Integrated Circuit Design, High Value Technology To Improve Country's Economy

KUALA LUMPUR, March 4 (Bernama) -- The Ministry of Science, Technology and Innovation (MOSTI) through MIMOS Bhd is focusing on integrated circuit (IC) design, advanced packaging and high-value technology to increase the complexity of the country's economy.

Middle East Tensions Rattle Markets; Malaysia’s Strong Fundamentals Offer Buffer, Says Economist

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, March 4 (Bernama) -- The Middle East conflict, particularly disruptions along the Strait of Hormuz, has triggered heightened volatility in global markets, with investors shifting towards safe-haven assets amid concerns over energy supply security.

APAC Commodity Issuers Likely To See Divergent Effects With Prolonged Iran Conflict - Fitch Ratings

KUALA LUMPUR, March 4 (Bernama) -- Asia-Pacific commodity issuers are likely to see divergent credit effects if the Iran conflict prolongs Gulf energy supply and shipping disruption, global credit rating agency Fitch Ratings said today.

Bargain Hunting Lifts Bursa Malaysia In Early Trade

KUALA LUMPUR, March 3 (Bernama) -- Bursa Malaysia rebounded to open higher on Tuesday as bargain hunting emerged after yesterday’s sell-off.