| LATEST NEWS | Allegation of attempt to topple the government believed to be driven by large-scale corruption investigations by the MACC - PM Anwar | Sudden oil price spikes could raise industrial, electricity and household fuel costs - Akmal Nasrullah | University student claim trial to Quran desecration and posting extremely offensive content charges | Hormuz closure could sharply tighten global crude oil and LNG supply, pushing up prices -- Akmal Nasrullah | |
By K. Naveen Prabu
KUALA LUMPUR, March 3 (Bernama) -- Crude oil prices may head towards the US$90-US$100 per barrel level following the disruption at Saudi Arabian state-owned oil giant Saudi Aramco’s Ras Tanura plant, analysts say.
By Harizah Hanim Mohamed
KUALA LUMPUR, March 2 (Bernama) – The global maritime industry is closely monitoring rising tensions in the Middle East, with hull insurance and cargo war risk coverage skyrocketing in response to the current situation.
KUALA LUMPUR, March 2 (Bernama) -- Asia’s high-income economies, which heavily rely on commodity imports, are particularly vulnerable to the direct economic fallout from the conflict in the Middle East, according to Moody’s Analytics.
KUALA LUMPUR, March 1 (Bernama) -- All Malaysian-registered vessels and local shipping companies are advised to exercise necessary precautionary measures, including avoiding transiting through the Strait of Hormuz until further notice, to ensure the safety of navigation following security developments in the Middle East region.
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.
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.
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.
KUALA LUMPUR, Feb 24 (Bernama) -- Kioxia Corporation, a world leader in memory solutions, announced it has begun shipping evaluation samples of embedded flash memory compliant with the next-generation UFS 5.0 standard, which is currently being standardised by JEDEC.
KUALA LUMPUR, Feb 24 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels), a global provider of marine fuel solutions headquartered in Singapore, announced the establishment of Uni-Fuels (Thailand) Co Ltd (Uni-Fuels Thailand), strengthening its global supply and operations network.
KUALA LUMPUR, Feb 13 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels) announced that its wholly owned subsidiary, Uni-Fuels Pte Ltd (Uni-Fuels Singapore), has renewed its ISCC EU and ISCC PLUS certifications following the completion of its first ISCC-certified biofuel delivery in 2025.
KUALA LUMPUR, Feb 12 (Bernama) -- Plastic powder manufacturer Polymer Link Holdings Bhd is targeting growth in Australia following the leasing of a new warehouse facility there.
KUALA LUMPUR, Feb 7 (Bernama) -- The India-Malaysia CEOs Forum has called for a structured review of the Malaysia-India Comprehensive Economic Cooperation Agreement (CECA) to align with 21st century priorities such as digital trade, advanced services, and resilient supply chains.
