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By Mikhail Raj Abdullah
KUALA LUMPUR, March 26 (Bernama) -- Malaysians should accept the government’s temporary adjustment of the monthly subsidised BUDI95 quota to 200 litres from 300 litres per month effective April, as a reasonable step to reduce fuel subsidy spending and one that is necessary due to escalating crude oil prices.
KUALA LUMPUR, March 26 (Bernama) -- Malaysians are advised to prepare for a prolonged period of pressure in the oil market even if the conflict in West Asia eases in the near term.
KUALA LUMPUR, March 26 (Bernama) -- Tourism demand in ASEAN countries remains strong amid the ongoing geopolitical tensions, according to Deputy Tourism, Arts and Culture Minister Chiew Choon Man.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 26 (Bernama) -- The Malaysian government, under Prime Minister Datuk Seri Anwar Ibrahim’s leadership, is seen to be handling the current surge in oil prices wisely through various measures despite the West Asia conflict entering its fourth week with no signs of easing.
By K. Naveen Prabu
KUALA LUMPUR, March 25 (Bernama) -- The Kuala Lumpur rubber market ended higher today, extending its upward trend amid gains in regional rubber futures, a trader said.
KUALA LUMPUR, March 24 (Bernama) -- The Asian Development Bank (ADB) has rolled out a financial support package to help its developing member countries (DMCs) mitigate the economic and financial impacts resulting from the conflict in the Middle East.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, March 24 (Bernama) -- Global markets, including the stock and currency markets in Malaysia, urgently require clear and consistent signals from United States President Donald Trump to achieve a sustained de-escalation of the conflict in West Asia and restore stability, said economists.
KUALA LUMPUR, March 24 (Bernama) -- Foreign investors extended a five-week streak of net selling across eight Asian markets, with net outflows totalling US$12.13 billion, according to MBSB Investment Bank Bhd.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, March 24 (Bernama) – The decision by oil companies to shift away from West Asia and support offshore crude oil exploration in Southeast Asia could potentially benefit offshore support vessel (OSV) operators.
By Saraswathi Muniappan
KUALA LUMPUR, March 23 (Bernama) -- “Force majeure” is French for “major force”, and in legal parlance, this means that an extraordinary event has occurred, such as the war in West Asia, which is beyond the control of a party and excuses them from fulfilling their contract.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 21 (Bernama) -- Trading on Bursa Malaysia is expected to continue to be volatile next week after the Raya break, although the broader trend still points to a gradually rising momentum.
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, March 21 (Bernama) -- The rubber market is expected to trade sideways with a slight upward bias amid as the market keeps a close watch on uncertainties surrounding the ongoing West Asia conflict, said industry expert Denis Low.
