KUALA LUMPUR, July 19 (Bernama) -- A renowned economist has cautioned that a national petroleum reserve should not be a standalone energy initiative but rather be one component of a broader economic security strategy encompassing food security, critical minerals, semiconductors and digital infrastructure.
KUALA LUMPUR, July 17 (Bernama) -- Searah (Malaysia) Sdn Bhd, the Malaysian operating entity of Searah Ltd, has assumed operatorship of key production sharing contracts in Malaysia from Petronas Carigali Sdn Bhd effective July 1, 2026, after fulfilling all conditions precedent.
KUALA LUMPUR, July 17 (Bernama) -- Malaysia’s move to study the establishment of a national petroleum reserve stock reflects a broader shift in national policy as rising geoeconomic risks compel countries to place greater emphasis on energy security alongside economic resilience, according to experts.
KUALA LUMPUR, July 16 (Bernama) -- Following the implementation of the Work From Home (WFH) policy for federal civil servants, a total of 4.05 million litres of petrol had been saved, resulting in RM7.31 million in subsidy savings as of July 14, 2026.
KUALA LUMPUR, July 16 (Bernama) -- The National Trust Fund (KWAN) Bill 2026, passed in the parliament today, underscores Malaysia's commitment to diversifying its economy.
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) -- Malaysia is expected to keep its 2026 fiscal deficit broadly on track despite allocating an additional RM25 billion for fuel subsidies, with the deficit to come in at 3.6 per cent of gross domestic product (GDP).
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) -- Stronger-than-expected electrical and electronics (E&E) exports and robust global semiconductor demand have prompted Hong Leong Investment Bank (HLIB) to raise Malaysia’s 2026 gross domestic product (GDP) growth forecast to 4.7 per cent from 4.5 per cent previously.
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 15 (Bernama) -- Malaysia’s second quarter (2Q 2026) gross domestic product (GDP) growth is expected to moderate to 4.8-5.0 per cent from 5.4 per cent in 1Q 2026, an economist said.
