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Petronas Secures Oman’s Block 18 For Oil And Gas Exploration

KUALA LUMPUR, Feb 12 (Bernama)-- Petroliam Nasional Bhd (Petronas)’s wholly owned subsidiary, PC Oman Ventures Ltd (PCOVL), has signed a concession agreement with the Oman government and OQ Exploration and Production Batinah Offshore LLC (OQEP) as its partner for the exploration of oil and gas in Block 18.  

LGM Targets Rehabilitation Of 4,137 Hectares Of Abandoned Plantations This Year, 2,750 Hectares In 2027 -- KPK

KUALA LUMPUR, Feb 12 (Bernama) -- The Malaysian Rubber Board (LGM) is targeting the rehabilitation of 4,137 hectares of abandoned plantations this year and 2,750 hectares in 2027, involving smallholder farms and private estates nationwide, said the Ministry of Plantation and Commodities (KPK).

Petronas Does Not Plan To Reduce Oil And Gas Production In Sabah Despite Falling Oil Prices

KUALA LUMPUR, Feb 12 (Bernama) -- Petronas has no plans to reduce oil and gas production in Sabah, despite the global oil and gas industry facing the challenge of a sharp drop in prices, said Minister in the Prime Minister's Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said.

Singapore Unveils Budget 2026 To Drive Refreshed Economic Strategy

SINGAPORE, Feb 12 (Bernama) -- Singapore Prime Minister Lawrence Wong today presented Budget Statement 2026, focusing on advancing the nation’s refreshed economic strategy.

Govt Disburses RM11.8 Mln Compensations For Delayed Tax Refunds as At Feb 11 -- Liew

KUALA LUMPUR, Feb 12 (Bernama) -- The government has disbursed compensation payments totalling RM11.8 million for delays in excess tax refunds for this year up to Feb 11, 2026.

Govt Optimistic of Encouraging Economic Performance In 4Q 2025 - Amir Hamzah

KUALA LUMPUR, Feb 12 (Bernama) -- The government is optimistic of Malaysia’s ability to achieve encouraging economic performance in the fourth quarter of 2025 (4Q 2025) based on the current economic vibrancy, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

KWAP Launches Jana MyPesara To Help Retirees Manage Business More Systematically

KUALA LUMPUR, Feb 12 (Bernama) -- The Retirement Fund (Incorporated) (KWAP) today launched Jana MyPesara with an allocation of RM20 million as microfinancing to help retirees manage and run their businesses in a more structured manner.

China-Thailand SMEs Strengthen Ties With Cooperation Agreement

KUALA LUMPUR, Feb 12 (Bernama) -- The "Golden 51 Years: Toward New Heights" China-Thailand SME Cooperation Agreement Signing Ceremony and Cultural & Economic Exchange Salon was recently held at TusPark in Suzhou.

BUDI95 Benefits More Than 14.6 Mln Malaysians As At Feb 11 -- Amir Hamzah

KUALA LUMPUR, Feb 12 (Bernama) -- More than 14.6 million Malaysians have enjoyed subsidised RON95 petrol prices under the BUDI MADANI RON95 (BUDI95) programme as of Feb 11, 2026, said Minister of Finance II Datuk Seri Amir Hamzah Azizan

RM5.4 Bln Tax Refunds For 2023 Year Of Assessment Disbursed As Of Feb 10

KUALA LUMPUR, Feb 12 (Bernama) -- A total of RM5.4 billion in tax refunds for the 2023 year of assessment, involving 38,629 cases, had been paid as of Feb 10, 2026, and the government is confident of completing the payments by this month, ahead of its first quarter of 2026 original target.

Malaysia On The Right Track, With Strong Economic Growth, Low Inflation

PETALING JAYA, Feb 11 (Bernama) -- Malaysia is on the right track, with strong economic growth, low inflation and rising investments, said Prime Minister Datuk Seri Anwar Ibrahim.

MOF: No Penalty Imposed On MSMEs During e-Invoice Transition Period

KUALA LUMPUR, Feb 11 (Bernama) -- Micro, small, and medium enterprises (MSMEs) will not face any penalties for any non-compliance with e-invoicing requirements during the transition period, provided that they adhere to the specified guidelines.