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KUALA LUMPUR, March 5 (Bernama) -- Automotive manufacturers operating in Malaysia must deepen their localisation efforts by integrating local vendors and small and medium enterprises (SMEs) into their global supply chains, said Deputy Investment, Trade and Industry Minister Sim Tze Tzin.
KUALA LUMPUR, March 5 (Bernama) -- The government is studying the risk of cost-push inflation in light of the ongoing conflict in the Middle East that has driven up oil prices and fuel costs, said Deputy Economy Minister Datuk Mohd Shahar Abdullah.
KUALA LUMPUR, March 5 (Bernama) -- Prolonged conflict in the Middle East could sustain a price floor for crude oil through 2026, lending underlying support to palm oil prices and reinforcing firmer trends across the global edible oils market.
KUALA LUMPUR, March 5 (Bernama) -- The ringgit opened marginally higher against the US dollar on Thursday as traders shifted focus to the overnight policy rate (OPR) announcement later in the day, despite the ongoing conflict in the Middle East.
By K. Naveen Prabu
KUALA LUMPUR, March 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today due to concerns about weak export demand in the coming weeks.
KUALA LUMPUR, March 4 (Bernama) -- Both of Malaysia's commitments regarding Licensing Certainty as contained in the Joint Statement on the Agreement on Reciprocal Trade (ART) (Article 5.2) and the memorandum of understanding (MoU) on Critical Minerals (Areas of Cooperation, Section 3) do not affect the government's decision to enforce technical conditions on Lynas Malaysia or other rare earth elements (REE) companies that are about to be approved to operate in Malaysia.
KUALA LUMPUR, March 4 (Bernama) -- The ringgit snapped a three-day losing streak to close higher against the US dollar on Wednesday, supported by renewed demand for the local currency, although trading remained range-bound as traders and investors stayed cautious in view of geopolitical risks.
KUALA LUMPUR, March 4 (Bernama) -- Bursa Malaysia ended broadly lower on Wednesday, tracking declines across regional markets, with South Korea posting one of the sharpest drops as investors reacted to widening geopolitical fallout.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, March 4 (Bernama) -- The Middle East conflict, particularly disruptions along the Strait of Hormuz, has triggered heightened volatility in global markets, with investors shifting towards safe-haven assets amid concerns over energy supply security.
KUALA LUMPUR, March 4 (Bernama) -- Asia-Pacific commodity issuers are likely to see divergent credit effects if the Iran conflict prolongs Gulf energy supply and shipping disruption, global credit rating agency Fitch Ratings said today.
KUALA LUMPUR, March 4 (Bernama) -- The government is monitoring the current conflict in the Middle East but has assured that there will be minimal impact on Malaysia’s total trade, said Deputy Investment, Trade and Industry Minister Sim Tze Tzen.
KUALA LUMPUR, March 4 (Bernama) -- Bursa Malaysia ended the morning trading session lower, tracking the weaker Wall Street performance overnight amid concerns over global oil and gas supplies and inflation risks as the Middle East crisis continues.
