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Gov't caps RON95 petrol at RM2.05 per litre, diesel at RM2.15 per litre

Gov't caps RON95 petrol at RM2.05 per litre, diesel at RM2.15 per litre

The government has decided to cap the retail prices of RON95 petrol and diesel at RM2.05 and RM2.15 per litre respectively, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
Wed Feb 10 2021
Malaysia to set up economic panel to combat fall in oil prices, virus outbreak

Malaysia to set up economic panel to combat fall in oil prices, virus outbreak

Malaysia's cabinet has agreed to set up an economic action council to tackle serious issues affecting the economy, such as a drop in global oil prices and a coronavirus outbreak.
Wed Mar 11 2020
Inflation to ease given the decline in global oil prices, says Johari

Inflation to ease given the decline in global oil prices, says Johari

Malaysia's inflation, which recorded the fastest growth in eight years in February, is expected to ease given the decline in global oil prices.
Mon Mar 27 2017
Oil price recovery fires hope for Malaysian economy

Oil price recovery fires hope for Malaysian economy

The recovery in global oil prices is expected to benefit Malaysian economy as it will lead to domino effect across other sectors and commodity.
Tue Feb 07 2017
IRBM collects more than RM114 bln in direct taxes for 2016

IRBM collects more than RM114 bln in direct taxes for 2016

The amount collected is also less than the RM115 billion targeted for the year following the weak economy, as well as fall in global oil prices.
Mon Jan 16 2017
'RON95, diesel prices likely to go up in January'

'RON95, diesel prices likely to go up in January'

The retail price of RON95 and diesel were set according to the average prices of the fuel in the world market for a month, as well as being influenced by the ringgit's movement against US dollar.
Fri Dec 30 2016
Thousands of jobless Asians stranded in Saudi

Thousands of jobless Asians stranded in Saudi

"Some of them have nothing to eat and have to go through the garbage for food."
Tue Aug 02 2016
Oil price concerns drag Bursa Malaysia lower in early trade

Oil price concerns drag Bursa Malaysia lower in early trade

Weak sentiment following the fall in global oil prices, pushed share prices on Bursa Malaysia to open marginally lower this morning.
Tue Jul 26 2016
Oil prices rebound on weaker dollar, bargain-buying

Oil prices rebound on weaker dollar, bargain-buying

Oil prices rebounded in Asia Thursday, thanks to a weak dollar and bargain-hunting a day after the commodity sank to fresh two-month lows.
Thu Jul 14 2016
Economists optimistic oil price to sustain at US$35-US$45 per barrel

Economists optimistic oil price to sustain at US$35-US$45 per barrel

This is based on encouraging demand despite major producing countries failing to agree on an output cap.
Mon Apr 18 2016
Land public transport fares not dictated by world oil prices - SPAD

Land public transport fares not dictated by world oil prices - SPAD

Petrol and diesel contribute only 10 percent towards the operating costs of companies providing public transport services.
Thu Mar 10 2016
Malaysia doesn't need economic contingency plan for now - Najib

Malaysia doesn't need economic contingency plan for now - Najib

This is because the country's fundamentals are intact and the recalibrated 2016 Budget has had a positive impact on the economy.
Tue Mar 08 2016
Moody's: Global banks' credit risks to low oil prices rising

Moody's: Global banks' credit risks to low oil prices rising

The deepening oil price slump will intensify pressure on banks globally, with those in major net oil exporting countries most exposed to credit risks in the near term.
Thu Feb 25 2016
Ringgit ends higher versus greenback

Ringgit ends higher versus greenback

At 5 pm, the local unit was at 4.2880/2960 from the 4.2900/2970 recorded on Tuesday.
Wed Dec 30 2015
Wrong to blame 1MDB for ringgit's fall - Arul Kanda

Wrong to blame 1MDB for ringgit's fall - Arul Kanda

Arul Kanda says the Ringgit was very much influenced by the drastic drop in global oil prices and devaluation of the Chinese Renminbi that had adversely impacted the local currency.
Wed Oct 28 2015
Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.
Sat Oct 19 2024
Putin says Russia willing to seek compromises between Iran and Israel

Putin says Russia willing to seek compromises between Iran and Israel

Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
Sat Oct 19 2024
What proposals will Russia push at the BRICS summit?

What proposals will Russia push at the BRICS summit?

The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.
Sat Oct 19 2024
Indonesia's free meals plan in the spotlight as Prabowo readies for office

Indonesia's free meals plan in the spotlight as Prabowo readies for office

Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Sat Oct 19 2024
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Sat Oct 19 2024
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Sat Oct 19 2024
Liam Payne's ex-partner calls for media restraint after 'painful' death

Liam Payne's ex-partner calls for media restraint after 'painful' death

Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Sat Oct 19 2024
Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Sat Oct 19 2024
Biden offers both a carrot and a stick to Israel as his term nears an end

Biden offers both a carrot and a stick to Israel as his term nears an end

Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Sat Oct 19 2024
Putin says BRICS will generate most of global economic growth

Putin says BRICS will generate most of global economic growth

Russian President Vladimir Putin will host a summit of the group in the city of Kazan on Oct. 22-24.
Sat Oct 19 2024