Vast Potential For Malaysia, Qatar To Diversify Trade Basket -- MITI

KUALA LUMPUR, April 16 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) sees vast potential for Malaysia and Qatar to diversify the two countries’ trade basket, particularly in high-value manufacturing, Islamic finance, halal sector and the digital economy.

Hibiscus Petroleum Signs RM439 Mln Islamic Financing Deal With Brunei Banks

KUALA LUMPUR, April 17 (Bernama) -- Hibiscus Petroleum Bhd, through its wholly owned subsidiary Simpor Hibiscus Sdn Bhd, has signed a long-term US$100 million (RM439 million) Islamic syndicated financing agreement with Bank Islam Brunei Darussalam (BIBD) and Baiduri Bank.

BHPetrol To Build 30 New Stations In Rural Areas

JOHOR BAHRU, April 13 (Bernama) -- BHPetrol, a subsidiary of Boustead Holdings Bhd and the Armed Forces Fund Board (LTAT), plans to build up to 30 new petrol stations in rural areas nationwide.

Hibiscus Petroleum's EBITDA Exceeds RM 1 Bln For Three Consecutive Years - Chairman

KOTA BHARU, April 10 (Bernama) -- Hibiscus Petroleum Bhd recorded revenue of RM2.7 billion last year, with earnings before interest, tax, depreciation and amortisation (EBITDA) exceeding RM1 billion for the third consecutive year.

Petronas, Petrovietnam Seal 20-year PSC, UGSA Extension For PM3 CAA

KUALA LUMPUR, April 10 (Bernama) -- Petroliam Nasional Bhd (Petronas), through Malaysia Petroleum Management (MPM), and Vietnam Oil and Gas Group (Petrovietnam) have signed a key principles agreement (KPA) to extend the production sharing contract (PSC) and upstream gas sales agreement (UGSA) for the PM3 commercial arrangement area (CAA) for another 20 years.

Hibiscus Shares Rise After PSC, Gas Sales Agreement Extensions

KUALA LUMPUR, April 10 (Bernama) -- Hibiscus Petroleum Bhd’s share price rose in early trade today following the announcement that the Petroleum Malaysia Field Three (PM3) commercial arrangement area production sharing contract (PM3 CAA PSC) and upstream gas sales agreement (UGSA) will continue.

Hibiscus Petroleum’s Units Secure 20-year Extension For PM3 CAA Contract

KUALA LUMPUR, April 9 (Bernama) -- Hibiscus Petroleum Bhd’s indirect wholly-owned subsidiaries, Hibiscus Oil & Gas Malaysia Ltd. and Hibiscus Oil & Gas Malaysia Ltd. (HML PM3) have inked a key principles agreement with Petroliam Nasional Bhd (Petronas) and Vietnam Oil and Gas Group (PetroVietnam).

Rubber Market Ends Mixed Amid Absence Of China Players

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, April 4 (Bernama) -- The Malaysian rubber market closed mixed on Friday in thin trading amid the absence of China players, a dealer said.

Malaysia’s Producer Price Index Rises Modestly By 0.3 Pct In February 2025

KUALA LUMPUR, March 27 (Bernama) -- Malaysia’s Producer Price Index (PPI) for local production increased by 0.3 per cent year-on-year (y-o-y) in February 2025, easing from the 0.8 per cent rise recorded in January, according to the Department of Statistics Malaysia (DOSM).

Dewan Rakyat And Dewan Negara Approve Two Economy-related Bills

KUALA LUMPUR, March 26 (Bernama) -- The First Meeting of the Fourth Session of the 15th Parliament, which concluded yesterday, saw the passing of two economy-related Bills within the 12-day session.​

Malaysia's Ogse Players Must Tap Energy Transition Expertise To Reach Consumer Markets -- Rafizi

KUALA LUMPUR, March 20 (Bernama) -- Local oil and gas services and equipment (OGSE) players must leverage energy transition expertise to reach downstream consumer markets, said Economy Minister Datuk Seri Rafizi Ramli.

MPRC Calls On OGSE Players To Consider Strategic Partnerships

By Siti Radziah Hamzah

KUALA LUMPUR, March 18 (Bernama) -- Malaysia's oil and gas services and equipment (OGSE) companies have been urged to consider strategic partnerships to be more competitive and get more energy transition opportunities beyond the industry.