Ringgit Set For Cautious Week Versus US Dollar Amid West Asia Conflict

By Harizah Hanim Mohamed

KUALA LUMPUR, April 4 (Bernama) -- The foreign exchange market is expected to remain cautious next week, with the ringgit likely to oscillate around 4.00 to 4.05 against the US dollar amid ongoing uncertainties over the war in Iran, which has entered its fifth week.

CPO Futures To Trade Higher Next Week Amid West Asia Conflict

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, April 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade higher next week amid the ongoing crisis in West Asia, a trader said.

FBM KLCI Futures To Trade Range-bound Next Week

By Karina Imran

KUALA LUMPUR, April 4 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is anticipated to trade range-bound, reflecting the cautious sentiment in the underlying cash market.

Rubber Market To Trade Higher Next Week Amid Concern On Supply Disruption

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, April 4 (Bernama) -- The rubber market is expected to trend higher next week boosted by higher demand for the commodity amid supply disruption due to the West Asia crisis, an expert said.

Bursa Malaysia To Remain Cautious Next Week On Ongoing West Asia Conflict

By Karina Imran

KUALA LUMPUR, April 4 (Bernama) -- Trading on Bursa Malaysia is expected to remain cautious and range-bound next week, as the local bourse continues to be confined within the 1,680–1,740 range driven by the West Asia conflict, said an economist. 

Honda Suppliers Club Supports MITI’s Development-Driven EV Policy

KUALA LUMPUR, April 3 (Bernama) -- The measures taken by the Ministry of Investment, Trade and Industry (MITI) regarding BYD’s proposed investment underscore a calibrated approach to balancing foreign direct investment in the electric vehicle (EV) manufacturing sector with national interests.

Gov’t Takes Precautionary Measures To Mitigate Impact Of Global Energy Crisis - PM

KUALA LUMPUR, April 3 (Bernama) -- The government has taken precautionary measures in coordinating the implementation of national policies, particularly to address the impact of the global energy crisis, said Prime Minister Datuk Seri Anwar Ibrahim.

Malaysia’s Crude Oil Supply Adequate, Almost 40 Pct Of Imports Via Strait Of Hormuz - Petronas

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 3 (Bernama) – Malaysia has a relatively sufficient crude oil supply compared with other ASEAN countries, said national oil and gas company Petroliam Nasional Bhd (Petronas).

PTT Synergy Unit Inks Asrs Deal, Secures RM31.68 Mln Contract From Sime Darby Property

KUALA LUMPUR, April 3 (Bernama) -- PTT Synergy Group Bhd’s indirect 70 per cent-owned subsidiary, PTT Robotics Sdn Bhd (PTTR), has entered into a warehouse automation system agreement with Sime Darby Property Bhd and Mydin Mohamed Holdings Bhd.

CPO Futures End Higher On Lower Inventory Expectations

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, April 3 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Friday, boosted by expectations of lower inventories in the coming weeks, a trader said.

Oil Price Surge Driven Not Only By Supply And Demand But Also Shipping Costs, Insurance Premiums - Petronas

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 3 (Bernama) -- The surge in global crude oil prices to as high as US$120 (US$1 = RM4.02) per barrel following the conflict in West Asia is not purely driven by supply and demand, but is also influenced by geopolitical factors, shipping costs, and insurance premiums, according to Petroliam Nasional Bhd (Petronas).

Petronas Shortens Planning Horizon To 45 Days Amid Global Supply Risks

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 3 (Bernama) – Petroliam Nasional Bhd (Petronas) has shortened its downstream planning horizon from three months to 45 days to address global energy supply uncertainties.