5m ago
KUALA LUMPUR, Aug 14 (Bernama) -- The ownership of Petroliam Nasional Bhd (Petronas) remains with the federal government, although steps were taken to enhance the participation of states through strategic collaboration platforms, joint project implementation, and involvement in the value chain, said Minister in the Prime Minister’s Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said.
5m ago
KUALA LUMPUR, Aug 14 (Bernama) -- Any decisions on and review of upstream assets will be left entirely to Petroliam Nasional Bhd (Petronas) without political interference, said Prime Minister Datuk Seri Anwar Ibrahim.
5m ago
KUALA LUMPUR, Aug 13 (Bernama) -- A total net fund of RM42.17 billion has been channeled to 1Malaysia Development Bhd (1MDB) to finance its debt repayments and meet its commitments as of July 31, 2025, the Finance Ministry (MoF) said.
5m ago
KUALA LUMPUR, Aug 13 (Bernama) -- The government is of the view that revenue collection under consumption tax through the Sales and Service Tax (SST) should be continued and can be further improved, as it is an existing tax that is already understood by the industry, traders, and the public.
5m ago
KUALA LUMPUR, Aug 11 (Bernama) -- Sabah has been given broader participation in the oil and gas industry value chain, including through the active involvement of state-owned companies such as SMJ Energy Sdn Bhd (SMJE) via the Commercial Collaboration Agreement (CCA).
5m ago
KUALA LUMPUR, Aug 11 (Bernama) -- Malaysia's crude palm oil (CPO) exports continue to play an important role in the palm oil industry, as they help ensure that Malaysia does not lose market share to its closest competitor, Indonesia.
5m ago
KUALA LUMPUR, Aug 11 (Bernama) -- Petroliam Nasional Bhd (Petronas) is very keen to expand its presence in Canada as the country is now one of its major liquefied natural gas (LNG) suppliers, said executive vice president and chief executive officer of upstream business Mohd Jukris Abdul Wahab.
5m ago
KUALA LUMPUR, Aug 11 (Bernama) -- Petroliam Nasional Bhd (Petronas) expects the low oil price environment to persist, with prices hovering at around US$64 to US$65 per barrel, said executive vice president and chief executive officer (CEO) of upstream business Mohd Jukris Abdul Wahab. (US$1=RM4.24)
5m ago
KUALA LUMPUR, Aug 8 (Bernama) -- The government is scheduled to table Budget 2026 in parliament on Oct 10, 2025, said the Ministry of Finance (MOF).
5m ago
KUALA LUMPUR, Aug 7 (Bernama) -- Malaysia Airlines (MAS) achieved an on-time performance (OTP) of 85.3 per cent for domestic flights as of May 2025, followed by AirAsia (84.5 per cent) and Batik Air (73.5 per cent), according to the Ministry of Transport (MOT).
5m ago
KUALA LUMPUR, Aug 7 (Bernama) -- Menos AI, an artificial intelligence (AI)-native fintech company, has officially launched its flagship product, Sonαr—an intelligent research agent designed to help hedge funds and institutional investors uncover timely, differentiated investment ideas.
5m ago
PUTRAJAYA, Aug 7 (Bernama) -- The government is considering a proposal to raise the tobacco tax rate, Prime Minister Datuk Seri Anwar Ibrahim said on Thursday.
