Kuala lumpur: Iran’s move to reopen the Strait of Hormuz is welcome news, but it is too early to celebrate as the security situation remains fragile with elevated insurance costs, University of Nottingham Malaysia assistant professor of business econo…
Washington dc: Countries are moving away from efficiency-driven economic models towards resilience, as rising geopolitical uncertainty reshapes the global economic landscape, including trade and investment strategies. Finance Minister II Datuk Seri Am…
Kuala lumpur: Malaysia consumes approximately 700,000 barrels of oil daily, which is double its domestic production of 350,000 barrels per day. This discrepancy necessitates the import of crude oil to meet national demand, as reported by the Finance M…
Kuala lumpur: Petroliam Nasional Bhd (Petronas) on Saturday confirmed that the vessel Ocean Thunder has arrived in Malaysia, transporting one million barrels of crude oil originating from Basrah, Iraq. The national oil and gas company stated that this…
Kuala lumpur: The National Investment Programme (NIP) organised by Bursa Malaysia is set to enhance investor literacy and support long-term economic growth by fostering more informed participation in the capital market, said Economy Minister Akmal Nas…
Kuala lumpur: Economy Minister Akmal Nasrullah Mohd Nasir today described Iran’s commitment to keeping the strategic Strait of Hormuz open as a positive step. He said his ministry is continuously monitoring the situation, including the commitment expr…
