KUALA LUMPUR, July 8 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) has raised its 2026 and 2027 average crude palm oil (CPO) price assumptions by RM100 per tonne to RM4,450 per tonne and RM4,300 per tonne.
By Karina Imran
KUALA LUMPUR, July 7 (Bernama) -- Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 2.75 per cent at its Monetary Policy Committee (MPC) meeting, supported by resilient external sector performance, moderate domestic demand and manageable inflationary risks, said economists.
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).
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.
KUALA LUMPUR, June 26 (Bernama) -- The Malaysian Automotive Association (MAA) hopes the government will consider extending the application for the additional 100 litres of subsidised diesel to multi-purpose vehicle (MPV) owners.
KUALA LUMPUR, June 25 (Bernama) -- Fewer than one per cent of the 14 million users registered under the BUDI MADANI RON95 (BUDI95) programme consume more than the 200-litre monthly quota, Finance Minister II Datuk Seri Amir Hamzah Azizan said.
KUALA LUMPUR, June 24 (Bernama) -- The government has no plans to expand the fuel subsidy programme after the recent adjustment in subsidised diesel prices, said Deputy Finance Minister Liew Chin Tong.
KUALA LUMPUR, June 23 (Bernama) -- Long-term supply agreements for oil, gas and diesel for at least 20 years will provide stability to the logistics and transportation sectors, said Transport Minister Anthony Loke Siew Fook.
KUALA LUMPUR, June 23 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday as peace negotiations in West Asia made progress, an analyst said.
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.
KUALA LUMPUR, June 21 (Bernama) -- BRICS International Malaysia welcomes the positive outcomes of Prime Minister Datuk Seri Anwar Ibrahim’s official visits to Russia and Turkmenistan, particularly in advancing Malaysia’s long-term energy security, enhancing oil and gas cooperation and strengthening strategic economic partnerships.
KUALA LUMPUR, June 19 (Bernama) -- Malaysia’s inflation increased 2.0 per cent in May 2026 with the index points rising to 137.1 from 134.4 versus a year ago, said the Statistics Department Malaysia (DOSM).
