7h ago
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.
4d ago
KUALA LUMPUR, June 25 (Bernama) -- Fuel supplies across the nationwide network of Petronas petrol stations are expected to remain stable and sufficient until August, said Minister in the Prime Minister's Department (Law and Institutional Reform), Datuk Seri Azalina Othman Said.
4d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, June 25 (Bernama) -- Falling crude oil prices are expected to ease inflationary pressures in Malaysia and globally, reducing concerns that central banks may need to keep interest rates higher for longer, economists said.
4d ago
By Siti Radziah Hamzah
KUALA LUMPUR, June 25 (Bernama) -- Petroliam Nasional Bhd's (Petronas) expanding role in Turkmenistan has emerged as a key pillar of renewed Malaysia-Turkmenistan relations, following Prime Minister Datuk Seri Anwar Ibrahim's recent official visit to the Central Asian nation, with the national oil and gas company’s long-standing presence continuing to open new avenues for energy cooperation, economic growth and broader bilateral collaboration.
6d ago
KUALA LUMPUR, June 23 (Bernama) -- Malaysia is always open to strengthening strategic cooperation with the United Arab Emirates (UAE) in various high-potential economic sectors including the petroleum and gas, petrochemical and logistics industries to drive trade, investment and the development of high-value industries.
6d ago
KUALA LUMPUR, June 23 (Bernama) -- Malaysia is strengthening its presence in the South Korean market with its largest-ever participation at the Korea Import Expo (KIE) 2026, according to the Malaysia External Trade Development Corporation (MATRADE).
6d ago
KUALA LUMPUR, June 23 (Bernama) – The 60-day waiver on the sale of Iranian crude oil in the global market has opened the door for Iran and Malaysia to further strengthen economic cooperation, particularly in the energy sector.
7d ago
By Nik Nurfaqih Nik Wil
JAKARTA, June 22 (Bernama) -- Indonesia will roll out a Rp26.34 trillion (Rp1 mln=RM231.2) economic stimulus package in the second half of 2026, which includes transport incentives, employment programmes and food assistance measures.
7d ago
KUALA LUMPUR, June 22 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s recent visit to Turkmenistan, which saw Petroliam Nasional Bhd (Petronas) cement new agreements after a 30-year presence in the country, should be viewed as more than a diplomatic mission, economists said.
7d ago
KUALA LUMPUR, June 22 (Bernama) -- The Malaysia-Bangladesh Free Trade Agreement (MBFTA) is targeted to be concluded in 2027 as a mutually beneficial, comprehensive and forward-looking agreement that reflects current global trading practices.
7d ago
KUALA LUMPUR, June 22 (Bernama) -- Malaysia will continue to strengthen energy cooperation with strategic partners such as Russia and Turkmenistan while ensuring Malaysian companies remain compliant with international obligations and aware of sanctions-related risks, Minister of Economy Akmal Nasrullah Mohd Nasir said.
7d ago
PUTRAJAYA, June 22 (Bernama) -- Malaysia and Bangladesh have agreed to strengthen bilateral economic relations through a fast-track free trade agreement (FTA) and enhanced cooperation in key growth sectors, including energy and the halal industry.