7m ago
KUALA LUMPUR, June 6 (Bernama) -- Crude oil prices are expected to remain under pressure and could fall below US$65 per barrel (pb) due to persistent oversupply and weaker demand projections, according to MIDF Amanah Investment Bank Bhd (MIDF Research).
7m ago
By Naveen Prabu Kuppusamy
KUALA LUMPUR, June 3 (Bernama) -- CIMB Securities has revised downward its earnings forecasts for FTSE Bursa Malaysia KLCI (FBM KLCI) constituents by 5.6 per cent for both 2025 and 2026, citing widespread underperformance in the first quarter ended March 31, 2025 (1Q 2025).
7m ago
From Karina Imran
OSAKA, May 31 (Bernama) -- Sarawak is stepping up a plan to integrate Borneo into the ASEAN Power Grid (APG), underlining its commitment to regional energy cooperation, said Sarawak Deputy Premier Datuk Amar Awang Tengah Ali Hasan.
7m ago
KOTA KINABALU, May 30 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has urged oil and gas (O&G) industry players to play a role in training more young Sabahans, both at the university level and through Technical and Vocational Education and Training (TVET) programmes, to address the sector’s workforce needs.
7m ago
KUALA LUMPUR, May 28 (Bernama) -- The official visit by Timor-Leste Prime Minister Kay Rala Xanana Gusmao to Weststar Group’s headquarters reflects the shared commitment of both Weststar Group and the Timor-Leste government to strengthening bilateral cooperation in aviation, energy support services, and economic development.
7m ago
By Karina Imran
KUALA LUMPUR, May 25 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz today confirmed a Bernama report that Malaysia and oil-rich Gulf Cooperation Council (GCC) countries will sign a Free Trade Agreement (FTA) soon.
7m ago
By Siti Radziah Hamzah
KUALA LUMPUR, May 25 (Bernama) -- Amid global economic shifts, Sabah is making deliberate, calculated moves to position itself not just as a regional player, but as a formidable force in global trade and sustainability.
7m ago
By Zarul Effendi Razali
LANGKAWI, May 23 (Bernama) -- Russian Helicopters, a subsidiary of defence conglomerate Rostec, is aiming to expand its presence in the Southeast Asian (SEA) market by showcasing its latest aircraft at the Langkawi International Maritime and Aerospace Exhibition (LIMA) 2025.
7m ago
PUTRAJAYA, May 21 (Bernama) -- Petroliam Nasional Bhd (Petronas) and Petroleum Sarawak Bhd (Petros) will carry out their respective roles in accordance with the provisions of federal and state laws, said Sarawak Premier Tan Sri Abang Johari Tun Openg.
7m ago
PUTRAJAYA, May 21 (Bernama) -- The Federal Government and Sarawak have signed a joint declaration, reaching an understanding on matters involving Petroliam Nasional Bhd (Petronas) and Petroleum Sarawak Bhd (Petros).
7m ago
KUCHING, May 20 (Bernama) -- Petroleum Sarawak Bhd (Petros) and China Jiangsu International Group (CJI) have signed a strategic cooperation agreement to realise Sarawak’s low-carbon vision.
7m ago
KOTA KINABALU, May 20 (Bernama) -- Eastern Pacific Marine Services Sdn Bhd (EPMS), a subsidiary of EPIC Bhd, has signed a strategic partnership with SINOPEC Heavy Lifting and Transportation Co. Ltd. (SINOPEC SLT) and Innoprise Corporation Sdn Bhd (ICSB), the investment arm of Yayasan Sabah Group.