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Petronas Unit Monitoring Low Production Of Oil And Gas In Peninsular Malaysia

By Siti Radziah Hamzah

KUALA LUMPUR, Feb 17 (Bernama) -- Petroliam Nasional Bhd's (Petronas) wholly-owned subsidiary Petronas Energy & Gas Trading (PEGT) is closely monitoring the low oil and gas production in Peninsular Malaysia and proactively collaborating with stakeholders to ensure a continued and stable gas supply in the country. 

FMM, ASEAN BAC Malaysia Share 12 Initiatives For ASEAN Chair With Over 40 Businesses

KUALA LUMPUR, Feb 15 (Bernama) — The Federation of Malaysian Manufacturers (FMM) today hosted the ASEAN Business Advisory Council (ASEAN-BAC) Malaysia briefing to share 12 key initiatives for Malaysia’s ASEAN chairmanship year with over 40 business organisations.

Thai PM: Economic Corridor Crucial To US$30 Bln Trade Target With Malaysia

KUALA LUMPUR, Feb 15 (Bernama) -- Thailand and Malaysia are accelerating efforts to unlock the full potential of cross-border trade and investment, aiming to establish a thriving economic corridor along their shared border.

Bursa Malaysia Reprimands Waja Konsortium, Fines Two Directors RM100,000 Each

KUALA LUMPUR, Feb 14 (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded Waja Konsortium Bhd and two of its director, Peh Lian Hwa and Peh Jia Yau, as well as imposed a fine of RM100,000 on each director.

Malaysia’s 5.1 Pct GDP Growth In 2024 Demonstrates Resilience Amid Global Uncertainties - Economist

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia’s fourth-quarter 2024 gross domestic product (GDP) growth of 5.0 per cent, leading to a full-year expansion of 5.1 per cent, reflects a strategically resilient economy leveraging domestic strengths amid global uncertainties, according to AmBank Group.

Malaysian, Turkish Businesses Need To Explore Collaboration Possibilities -- Ambassador

KUALA LUMPUR, Feb 14 (Bernama) -- Malaysian businesses are encouraged to explore collaboration possibilities with their counterparts in Turkiye to create more synergy between the two nations, said Ambassador of Malaysia to Turkiye Sazali Mustafa Kamal.

MITI Reviews Five Legislations To Strengthen Industrial Development

KUALA LUMPUR, Feb 14 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is reviewing five legislations to strengthen industrial development which the ministry intends to present to parliament this year.

Malaysia’s Economy Grows 5.1 Pct in 2024, In Line With Govt's Target

KUALA LUMPUR, Feb 14 (Bernama) -- The Malaysian economy grew by 5.1 per cent in 2024, up from 3.6 per cent in 2023, aligning with the government’s target of 4.8 per cent to 5.3 per cent year-on-year.

Uni-Fuels Achieves International Sustainability And Carbon Certifications For Sustainable Biofuels

KUALA LUMPUR, Feb 13 (Bernama) -- Singapore-headquartered Uni-Fuels Holdings Limited (Uni-Fuels), a global marine fuel solutions provider, announced that its wholly owned subsidiary, Uni-Fuels Pte Ltd (Uni-Fuels Singapore), has received both ISCC EU and ISCC PLUS certifications.

Rubber Market Ends Higher On Regional Futures Uptrend

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Feb 13 (Bernama) -- The Kuala Lumpur rubber market ended higher today, supported by the uptrend in regional rubber futures markets, a dealer said.

Foreign Holdings In Capital Market Remain Around 19 Pct As Of January 2025 - PM Anwar

KUALA LUMPUR, Feb 13 (Bernama) -- Foreign holdings in Malaysia’s capital market are currently at 19.4 per cent as at January 2025, said Prime Minister Datuk Seri Anwar Ibrahim.

Lack Of Investments And Cost Of Capital For Gas Development Weaken Energy Security - International Gas Union

KUALA LUMPUR, Feb 13 (Bernama) -- The lack of investments and raising the cost of capital for gas development will endanger energy security and weaken the industry's capability to provide affordable, reliable and sustainable energy to people at large, said International Gas Union (IGU) president Li Yalan (she).