Crude Oil Retreats From US$100 Per Barrel As G7 Signals Readiness To Release Emergency Reserves

By Siti Radziah Hamzah

KUALA LUMPUR, March 10 (Bernama) -- Oil prices retreated from their highest level since 2022 to below US$100 per barrel on Tuesday after the Group of Seven (G7) signalled its readiness to release emergency reserves, easing some of the market anxiety triggered by the escalating conflict between the United States and Iran. 

BMI: Malaysia’s 5G Adoption Set To Accelerate As U Mobile Secures RM4.3 Bln Funding

KUALA LUMPUR, Nov 27 (Bernama) -- U Mobile Sdn Bhd’s newly secured RM4.3 billion syndicated financing will help the operator accelerate 5G deployment and strengthen its position in Malaysia’s competitive market.

Pharmaceutical Market Poised For Growth Following Malaysia-US Agreement

KUALA LUMPUR, Nov 3 (Bernama) -- The United States (US) pharmaceutical companies are likely to see increased sales in Malaysia following the signing of the Malaysia-US Agreement on Reciprocal Trade (ART).

BMI Expects Malaysia’s Budget Deficit To Narrow To 3.6 Pct In 2026

KUALA LUMPUR, Oct 14 (Bernama) -- BMI, a Fitch Solutions company, expects Malaysia’s budget deficit to narrow from an estimated 3.9 per cent of gross domestic product (GDP) in 2025 to 3.6 per cent in 2026,  broadly in line with the government’s fiscal projections.

Malaysia’s Medical Tourism Growth To Be Driven By Initiatives, Partnerships

KUALA LUMPUR, Oct 13 (Bernama) -- Malaysia’s medical tourism industry is expected to sustain strong growth, supported by targeted initiatives and strategic partnerships, said BMI, a Fitch Solutions company.

BMI Maintains Brent Price Forecast At US$68 Per Barrel For 2025

KUALA LUMPUR, Oct 10 (Bernama) -- BMI, a unit of Fitch Solutions, has maintained its Brent crude price forecast at an annual average of US$68 per barrel for 2025 and US$67 per barrel for 2026, down from US$80 per barrel in 2024.(US$1 = RM4.21).

BMI: Malaysia's Average LPG Demand To Grow 0.8 Pct Annually Between 2025 And 2034

KUALA LUMPUR, Sept 8 (Bernama) -- Malaysia’s average liquefied petroleum gas (LPG) demand growth rate is projected to slow to 0.8 per cent annually between 2025 and 2034, said BMI, a Fitch Solutions company.

BMI: Malaysia's Construction Sector To Grow 9.6 Pct In 2025

KUALA LUMPUR, Sept 5 (Bernama) -- Malaysia's construction industry is expected to grow 9.6 per cent year-on-year (y-o-y) in 2025, driven by the building sector, said BMI, a Fitch Solutions company.

BMI: Clear CCUS Regulations, Fiscal Incentives Boost Malaysia’s Investor Appeal

KUALA LUMPUR, Sept 5 (Bernama) -- Malaysia’s robust regulatory framework and fiscal incentives for carbon capture, utilisation and storage (CCUS) are making it more attractive for near-term investments and project development.

BMI Maintains Positive Outlook For Consumer Spending In Malaysia Over 2025, 2026

KUALA LUMPUR, July 29 (Bernama) -- BMI, a Fitch solutions company, has maintained its broadly positive outlook for consumer spending in Malaysia over 2025, with the country’s healthy macroeconomic outlook driving real-term growth in household incomes. 

BNM Likely To Maintain OPR At 2.75 Pct For 2025 - BMI

KUALA LUMPUR, July 11 (Bernama) -- Bank Negara Malaysia (BNM) is expected to maintain its Overnight Policy Rate (OPR) at 2.75 per cent for 2025, according to BMI, a unit of Fitch Solutions.

BMI Maintains average Annual CPO Futures Price At RM4,150 Per Tonne This Year

KUALA LUMPUR, July 2 (Bernama) -- BMI, a Fitch Solutions unit, has maintained its view that the average annual price forecast for Bursa Malaysia-listed crude palm oil (CPO) futures contracts will trade at RM4,150 a tonne in 2025.