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KUALA LUMPUR, June 6 (Bernama) -- Petroliam Nasional Bhd (Petronas) is cutting 10 per cent of its workforce to cope with challenging operating conditions, particularly due to falling crude prices.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, June 5 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower today due to concerns over rising production, according to palm oil trader David Ng.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, June 4 (Bernama) -- The Malaysian rubber market ended mixed today as traders remained cautious amid growing hopes of the United States (US)-China trade talks this week, a dealer said.
KUALA LUMPUR, June 4 (Bernama) -- In a vivid display of how artificial intelligence (AI) is reshaping regional trade, Vietnamese truckers equipped with AI-powered tools recently navigated through the Friendship Pass in Guangxi Zhuang Autonomous Region, China’s busiest land port with Association of Southeast Asian Nations (ASEAN), streamlining their cross-border journey with real-time navigation and safety features.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, June 3 (Bernama) -- Bursa Malaysia erased early gains to close lower for the sixth consecutive day today, weighed down by selling pressure in regional emerging markets due to concerns over the ongoing US tariff conflict, said an analyst.
KUALA LUMPUR, June 3 (Bernama) -- The seasonally adjusted S&P Global Malaysia manufacturing purchasing manager’s index (PMI) inched up to 48.8 in May, compared to 48.6 in April, signalling a sustained, though softer moderation in operating conditions.
From Kisho Kumari Sucedaram
BEIJING, June 2 (Bernama) -- Petroliam Nasional Bhd (Petronas) is accelerating efforts to strengthen its position as a reliable long-term liquefied natural gas (LNG) partner to China by expanding domestic gas development and its global production portfolio, aimed at ensuring consistent and sustainable energy supply for one of the world’s largest LNG importers.
KUALA LUMPUR, May 28 (Bernama) -- Genting Plantations Bhd posted a higher net profit of RM61.25 million in the first quarter ended March 31, 2025 (1Q 2025) compared to RM42.83 million in the same period last year.
From Kisho Kumari Sucedaram
BEIJING, May 27 (Bernama) -- As the global economic uncertainty rages on following the United States’ (US) sweeping tariffs, China sees the inaugural ASEAN-Gulf Cooperation Council (GCC)-China Summit in Kuala Lumpur today not merely as a diplomatic gathering but a pivotal moment in the rise of the Global South.
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.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, May 24 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade sideways with a slight downward bias next week due to expected higher output in the coming weeks.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, May 23 (Bernama) -- The Malaysian rubber market closed mixed today, weighed down by declining crude oil prices and a firmer ringgit against the US dollar, a dealer said.
