Thursday, 26 March 2026 Malaysia returns to full operational mode today, but under the tightening grip of a global war economy. As the conflict in the Middle East continues, the fiscal transmission is hitting every Malaysian petrol station. FUEL PRICES HIT NEW RECORD — THREE CONSECUTIVE WEEKS OF INCREASES The trend is now unmistakable. For…
Bank Muamalat’s Dr Afzanizam Abdul Rashid warns of prolonged supply shock, surging subsidy costs and historic trade disruption as the US–Israel war with Iran escalates into a global energy crisis BY TENGKU NOOR SHAMSIAH TENGKU ABDULLAHMarch 23, 2026 KUALA LUMPUR – When Dr Mohd Afzanizam Abdul Rashid, Chief Economist at Bank Muamalat Malaysia Bhd first…
MARCH 18, 2026 A war in the Middle East is rapidly becoming Southeast Asia’s economic crisis, as oil shocks, trade disruptions and policy pressure test ASEAN’s resilience like never before. When the United States and Israel launched Operation Epic Fury on 28 February 2026, few in Southeast Asia expected the shockwaves to arrive so swiftly….
Iran War Risks 1970s-Style Stagflation, Chief Economist Warns “This Feels Like a Protracted Wound, Not a Quick Bruise” Natixis Chief Economist for Asia Pacific Alicia García Herrero warns the US–Iran war has ignited a structural energy shock that could trap the global economy in a 1970s-style stagflation spiral — with Asia, and Malaysia, firmly in…
BY TNS NEWS TEAM TUESDAY, 17 MARCH 2026 | DAY 18 OF OPERATION EPIC FURY Editor’s Summary Operation Epic Fury enters its 18th day with the war widening in scope while remaining stalled in resolution. Over the weekend, the United States struck Kharg Island, targeting military infrastructure at the hub that processes the majority of…
