https://www.scmp.com/rss/523908/feed The latest news and top stories on Bank Muamalat. A Kuala Lumpur, Malaysia-based entity in the Islamic financial institution sector, Bank Muamalat specialises in Sharia-compliant products and services, including deposits, financing options and wealth management. It primarily serves individuals, businesses and institutions and is known for pioneering Islamic digital banking with ATLAS. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Joseph Sipalan Joseph Sipalan The energy crisis caused by the Iran war could push food prices up by as much as 50 per cent in Malaysia, trade associations have warned, as soaring fuel costs threaten to wipe out already narrow margins for roadside stalls and restaurants feeding the country’s outsize appetite for eating out. Malaysia’s government coffers have already taken a hit due to fallout from the conflict, with local fuel subsidy costs estimated to spike by more than fourfold to about 3.2 billion ringgit (US$795 million)... https://www.scmp.com/week-asia/economics/article/3348417/malaysias-food-prices-could-rise-50-fuel-costs-soar-traders-warn?utm_source=rss_feed https://www.scmp.com/week-asia/economics/article/3348417/malaysias-food-prices-could-rise-50-fuel-costs-soar-traders-warn?utm_source=rss_feed Mon, 30 Mar 2026 10:30:23 +0000 Aidan Jones,Ushar Daniele Aidan Jones,Ushar Daniele A man in a Mercedes drives up to a Bangkok forecourt, cash in hand, ready to buy an electric vehicle he hadn’t planned on owning. Southeast Asia’s EV revolution has found a new accelerant. “He was afraid he wouldn’t be able to fill up his car any more,” said Samart Prakotkancharna, managing director of Ratchapruek P Car Centre in Thailand’s capital, describing the scene that played out on his forecourt. Cash buyers had been streaming in all week, spooked by rising diesel prices and hunting for... https://www.scmp.com/week-asia/lifestyle-culture/article/3345751/iran-war-oil-shock-accelerates-southeast-asias-ev-revolution?utm_source=rss_feed https://www.scmp.com/week-asia/lifestyle-culture/article/3345751/iran-war-oil-shock-accelerates-southeast-asias-ev-revolution?utm_source=rss_feed Sun, 08 Mar 2026 02:00:09 +0000 Joseph Sipalan Joseph Sipalan Expertly switching between woks as he whips up appam, the coconut and rice batter pancakes that draw morning commuters to his roadside stall in a Kuala Lumpur suburb, Raj Kumar harbours anxieties that simmer away beneath the calm: petrol subsidy cuts are looming and prices may soon rise again. At 44, Raj feels every shift in Malaysia’s rising cost of living – both in the prices he pays for ingredients and the rueful faces of his customers. “Our suppliers raised prices after diesel subsidies were... https://www.scmp.com/week-asia/economics/article/3317006/anwars-petrol-subsidy-cuts-test-patience-malaysians-addicted-cheap-fuel?utm_source=rss_feed https://www.scmp.com/week-asia/economics/article/3317006/anwars-petrol-subsidy-cuts-test-patience-malaysians-addicted-cheap-fuel?utm_source=rss_feed Sat, 05 Jul 2025 07:00:09 +0000