KUALA LUMPUR, July 16 (Bernama) -- Malaysia should adopt a phased and fiscally prudent approach if it decides to establish a national petroleum reserve stock, ensuring the initiative strengthens long-term energy resilience without placing unnecessary pressure on public finances, according to IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan.
KUALA LUMPUR, July 16 (Bernama) -- Malaysia’s consumer spending is expected to grow in 2026, underpinned by stable economic growth and employment outlook, said BMI, a Fitch Solutions company.
KUALA LUMPUR, July 15 (Bernama) -- The government will study the need and strategies for creating a national petroleum reserve stock as a measure to ensure energy security and strengthen the country's resilience in the face of geopolitical uncertainties and global supply crises.
KUALA LUMPUR, July 15 (Bernama) -- There is no need to review current projections under Budget 2027 based on the government’s fiscal performance for the first half of 2026, said Deputy Finance Minister Liew Chin Tong.
KUALA LUMPUR, July 14 (Bernama) -- The National Trust Fund Bill 2026, which aims to establish the National Trust Fund (KWAN) and incorporate the National Trust Fund (Incorporated) as the governing body to administer, manage and invest the fund, was tabled for the first reading in the Dewan Rakyat today.
By Harizah Hanim Mohamed
KUALA LUMPUR, July 13 (Bernama) – Ports, shipping lines and cargo owners are now confronting the formidable task of restoring global supply chains and clearing a backlog of vessels and cargo built up during months of conflict in and around the Strait of Hormuz, a process that industry players say could take weeks or even months.
KUALA LUMPUR, July 13 (Bernama) -- Bursa Malaysia opened slightly higher on Monday but retreated thereafter, as investors took profit following the benchmark index’s rally to a two-week high above the 1,690 level last week.
KUALA LUMPUR, July 10 (Bernama) -- Bursa Malaysia opened higher on Friday, tracking overnight gains on Wall Street spearheaded by tech stocks, amid West Asia uncertainties.
KUALA LUMPUR, July 7 (Bernama) -- The government will continue to ensure there are secure and sufficient levels of petroleum from July 2026 to December 2026, according to the Economy Ministry.
KUALA LUMPUR, July 1 (Bernama) -- The government is expected to bear almost RM40 billion in petroleum product subsidies this year as a result of the increase in global oil prices following the West Asia conflicts, according to the Ministry of Finance (MOF).
BANGI, June 30 (Bernama) -- The Malaysian Palm Oil Board (MPOB) expects the average price of crude palm oil (CPO) to remain strong at between RM4,000 and RM4,300 per tonne this year, supported by current global petroleum prices.
KUCHING, June 29 (Bernama) -- The nationwide implementation of the BUDI MADANI Diesel (BUDI Diesel) subsidy programme, which begins on July 1, is seen as an important step towards strengthening the targeted subsidy mechanism and reducing leakages.
