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Search Result for “Malaysian ringgit”

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BUSINESS

Fuel crisis powers surge in EV interest in Asia

Reuters, Published on 01/04/2026

» Motorists across the Asia-Pacific region are switching to electric vehicles at a rapid pace, as rising fuel costs due to the Middle East war force consumers and companies ​to reconsider their reliance on petrol and diesel vehicles.

BUSINESS

Delayed Iran deadline gives investors a breather

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 28/03/2026

» RECAP: Asian shares ‌pared losses on Friday as another delayed deadline in the Middle East war nudged oil prices lower, though there was still no end in sight to the unfolding energy crunch on the global economy.

BUSINESS

Malaysia cuts subsidised fuel quotas on global oil price surge

Bloomberg News, Published on 26/03/2026

» KUALA LUMPUR - Malaysia’s government will cut subsidised allocations for its most popular fuel from April as it seeks to curb leakages and relieve fiscal pressure from a surge in oil prices owing to the Middle East conflict.

BUSINESS

War unlikely to dent Songkran revenue

Business, Narumon Kasemsuk, Published on 26/03/2026

» The Tourism Authority of Thailand (TAT) remains confident about its projection of 6% revenue growth tallying 30 billion baht during the Songkran holiday this year, mainly driven by Asian markets.

BUSINESS

Global funds look to Malaysia as Iran war shakes up Asian assets

Bloomberg, Published on 17/03/2026

» Even before the war in Iran sparked a surge in energy prices, Malaysia stood out from its Southeast Asian peers as the newfound darling of global investors.

BUSINESS

New airline hubs poised to gain from travel rerouting

Business, Vijay Verghese, Published on 04/03/2026

» As Middle Eastern airports shut down following the attack on Iran and the swift counterstrikes across the region, the skies over a vast swathe of West Asia suddenly went silent as smoke rose from Dubai to Doha.

BUSINESS

Hat Yai tourism reels as Chinese New Year bookings plunge

Online Reporters, Published on 15/02/2026

» HAT YAI - The Chinese New Year in Hat Yai has been markedly subdued this year, with room bookings plunging and many businesses still closed months after last year’s flood, local hotel and tourism operators said on Sunday,

BUSINESS

Levelling the e-commerce playing field

Business, Suchit Leesa-nguansuk, Published on 14/02/2026

» The Trade Competition Commission of Thailand (TCCT) has issued new guidelines for the Trade Competition Act of 2017, expected to be published in the Royal Gazette next month, aiming to curb unfair trade practices and prevent monopolistic behaviour in multi-sided platform businesses, with a focus on e-commerce.

BUSINESS

AirAsia X revives London route

Reuters, Published on 11/02/2026

» The Malaysian budget carrier AirAsia X on Wednesday announced plans to resume flights from Kuala Lumpur to London via a new hub in Bahrain, using the extended range of narrow-body jets to stitch fresh routes alongside ​established carriers.

BUSINESS

PTT Exploration and Production greenlights greenfield project

Business, Yuthana Praiwan, Published on 11/02/2026

» SET-listed PTT Exploration and Production (PTTEP) has decided to invest in a new offshore petroleum site in Malaysia, the company's first greenfield development project in the country, in a move to support long-term growth.