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Petronas president: ‘Efficiency is the first fuel’ in tackling energy crisis
KUALA LUMPUR, April 4 — Prudent energy use, optimising operational costs through artificial intelligence (AI) and sound financial management are key principles that must be practised in addressing the increasingly pressing global energy crisis, says Petronas president and group chief
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Petronas cuts planning horizon to 45 days to tackle energy supply risks, says president
KUALA LUMPUR, April 4 — Petroliam Nasional Bhd (Petronas) has shortened its downstream planning horizon from three months to 45 days to address global energy supply uncertainties. Its president and group chief executive officer, Tan Sri Tengku Muhammad Taufik Tengku
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Analysts: Bursa Malaysia seen range-bound next week as Middle East tensions cap gains
KUALA LUMPUR, April 4 — Trading on Bursa Malaysia is expected to remain cautious and range-bound next week, as the local bourse continues to be confined within the 1,680–1,740 range driven by the West Asia conflict, said an economist. IPPFA
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MobilityOne secures Islamic digital banking licence in Labuan, targets global Hajj finance platform
KUALA LUMPUR, April 3 — MobilityOne Sdn Bhd (MBO) has secured a full-fledged Shariah-compliant Islamic digital banking licence from the Labuan Financial Services Authority (LFSA), marking its move from fintech services into regulated digital banking. The group said operations under
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Japanese airlines weigh fuel surcharge hikes as Middle East war drives up energy costs
TOKYO, April 3 —Japanese airlines are considering raising fuel surcharges to reflect surging energy costs due to the Middle East war, though officials from major carriers stressed today that no decisions had yet been made. Many international airlines have hiked
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Trump orders new tariffs on medicines and metals, aiming to boost US manufacturing
WASHINGTON, April 3 — US President Donald Trump yesterday ordered new tariffs on certain medicines, alongside an overhaul of metal duties, doubling down on his trade agenda a year after unleashing trade wars on virtually all partners. The latest pair of orders
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Ringgit rises alongside Asian currencies on softer US labour market expectations
KUALA LUMPUR, April 3 — The ringgit strengthened against the US dollar in early trade on Friday, as markets positioned for a softer US non-farm payrolls (NFP) reading, weighing on the greenback and lending support to regional currencies. At 8 am,
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Proton says 2026 Q1 sales hit highest level since 2004, driven by EV growth
KUALA LUMPUR, April 2 — National carmaker Proton said its total sales for the first quarter of 2026 reached their highest level since 2004, supported by strong demand across both internal combustion engine (ICE) and new energy vehicle segments. In
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Middle East conflict drives up costs, force route changes for Malaysian Aviation Group despite strong demand
KUALA LUMPUR, Apr 2 — Tensions in the Middle East have driven up fuel costs, extended flight times and disrupted routes for Malaysian Aviation Group (MAG), underscoring the challenges facing airlines despite strong demand growth across the Asia-Pacific (Apac) region.
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Hopes dim for swift end to Iran war as markets roil after Trump speech, oil spikes
WASHINGTON, April 2 — Hopes for a swift end to the Middle East war faded today after US President Donald Trump vowed more aggressive strikes on Iran, in an eagerly anticipated address that disappointed investors hoping for clearer signals of
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