1y ago
SIPITANG, Dec 28 (Bernama) -- The Sipitang Oil and Gas Industrial Park (SOGIP), which has secured investments totalling about RM29.87 billion, is expected to begin operations in 2026 and 2027, said Chief Minister Datuk Seri Hajiji Noor.
1y ago
KUALA LUMPUR, Dec 26 (Bernama) -- Kenanga Research has revised its financial year 2025 forecast (FY2025F) core profit for Petronas Chemicals Group Bhd (PCG) upward by 10 per cent, reflecting higher polyolefin price assumptions and improved speciality division profits.
1y ago
KUALA LUMPUR, Dec 26 (Bernama) -- The total industry volume (TIV) for new vehicle sales is expected to decline by four per cent year-on-year to 755,000 units in 2025, compared with 790,000 units in 2024, according to CIMB Securities Sdn Bhd.
1y ago
KUALA LUMPUR, Dec 24 (Bernama) -- Malaysia’s Producer Price Index (PPI) declined by 0.4 per cent in November 2024, a slower decrease compared to the 2.4 per cent drop in October 2024, mainly due to the continued contraction in the mining sector, according to the Department of Statistics Malaysia (DOSM).
1y ago
KUALA LUMPUR, Dec 23 (Bernama) -- Southeast Asia’s automotive industry experienced a major transformation this year, driven by a surge in electric vehicle (EV) adoption, the rise of Chinese automakers, and evolving consumer preferences, according to integrated car e-commerce platform Carsome.
1y ago
KUALA LUMPUR, Dec 21 (Bernama) -- The Federation of Malaysian Manufacturers (FMM) welcomes the government’s decision to maintain the Imbalance Cost Pass-Through (ICPT) surcharge at 16 sen per kilowatt hour (kWh) for the first half of 2025.
1y ago
SUBANG, Dec 21 (Bernama) -- Petroliam Nasional Bhd (Petronas) and Petroleum Sarawak Bhd (Petros) can support each other to grow in the oil and gas industry, said Prime Minister Datuk Seri Anwar Ibrahim.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Dec 20 (Bernama) -- Shares on Bursa Malaysia ended the week on a lower note as they continued to face selling pressure, tracking losses in regional peers driven by weak global equity markets performance overnight, said an analyst.
1y ago
KUALA LUMPUR, Dec 20 (Bernama) -- Malaysia’s inflation rate for November 2024 has decreased to 1.8 per cent, down from 1.9 per cent in October this year, the first decline since August 2021, according to the Department of Statistics Malaysia (DOSM).
1y ago
KUALA LUMPUR, Dec 19 (Bernama) -- Uzma Bhd’s direct wholly-owned subsidiary, Uzma Environergy Sdn Bhd (UENV), has been awarded a contract worth RM44.15 million from Samaiden Sdn Bhd.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Dec 19 (Bernama) -- Malaysian equities ended the day mostly lower following a heavy sell-off on Wall Street overnight particularly in technology stocks, said an analyst.
1y ago
KUALA LUMPUR, Dec 19 (Bernama) -- Telekom Malaysia Bhd (TM) has signed a memorandum of understanding (MoU) with Petroliam Nasional Bhd's (Petronas) digital arm Petronas Digital Sdn Bhd and Gentari Sdn Bhd to accelerate digital transformation and sustainable innovation for industries and the nation.