Sarawak Projects US$7 Bln Investments Through Strategic Cooperation With Global Players -- Abang Johari

BUDI95: Inefficient To Set Tiered Pricing After Exhausting Quota -- Amir Hamzah

KUALA LUMPUR, Dec 11 (Bernama) -- Setting a tiered price for RON95 at RM2.10 or RM2.30 under the BUDI MADANI RON95 (BUDI95) programme after the 300-litre quota has been fully used will retain elements of inefficiency.

2025: The Year Everything Shifted For Malaysia's Oil And Gas Sector, Momentum To Continue

KUALA LUMPUR, Dec 9 (Bernama) -- Malaysia is entering 2026 with its oil and gas sector still standing firm, but the ground beneath it is shifting faster than at any point in decades.

Targeted Subsidy Doesn't Increase National Debt, Savings Up To RM4 Bln Per Year -- MoF

KUALA LUMPUR, Dec 4 (Bernama) -- The implementation of targeted subsidy does not increase national debt, but rather an important strategy to reduce long-term liabilities, stabilise the fiscal position and strengthen investor confidence in Malaysia’s economic prospects.

Crude Oil, Condensate And Natural Gas Output Rise 7.9 Pct And 11.8 Pct In 3Q - DOSM

KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia’s crude oil, condensate and natural gas production rose in the third quarter of 2025 (3Q 2025), reaching 45.1 million barrels and 737.0 billion cubic feet respectively, according to the Department of Statistics Malaysia (DOSM).

Govt Committed To RON95 Targeted Subsidy, Rejects World Bank Proposal - Anwar

KUALA LUMPUR, Dec 2 (Bernama) -- The government remains committed to the targeted subsidy approach for RON95 petrol under the BUDI MADANI RON95 (BUDI95) programme and rejects the World Bank’s proposal to raise it to market price, said Prime Minister Datuk Seri Anwar Ibrahim.

Govt Committed To RON95 Targeted Subsidy, Rejects World Bank Proposal - Anwar

KUALA LUMPUR, Dec 2 (Bernama) -- The government remains committed to the targeted subsidy approach for RON95 petrol under the BUDI MADANI RON95 (BUDI95) programme and rejects the World Bank’s proposal to raise it to market price, said Prime Minister Datuk Seri Anwar Ibrahim.

BUDI95: 13.9 Mln Enjoyed Petrol Subsidy Programme, With RM5.16 Bln In Sales As Of Nov 30 -- Lim

KUALA LUMPUR, Dec 2 (Bernama) -- More than 84 per cent of 16.5 million eligible Malaysians, or 13.9 million, have enjoyed the RON95 petrol price of RM1.99 per litre under the BUDI MADANI RON95 (BUDI95) programme as of Nov 30, 2025, according to Deputy Finance Minister Lim Hui Ying.

Dewan Rakyat Passes Two Tax-Related Bills

KUALA LUMPUR, Dec 1 (Bernama) -- The Dewan Rakyat today passed the Finance Bill 2025, which details amendments to five tax acts, namely the Income Tax Act 1967, Real Property Gains Tax Act 1976, Stamp Act 1949, Labuan Business Activity Tax Act 1990, and the Petroleum (Income Tax) Act 1967.   

Ringgit Opens Unchanged As Traders Await FOMC Outcome

KUALA LUMPUR, Dec 1 (Bernama) -- The ringgit opened unchanged against the US dollar today as traders adopted a wait-and-see stance ahead of the United States (US) Federal Open Market Committee (FOMC) meeting next week.

EPIC Group Scores At HRD Awards 2025, Platinum Recognition At IMPEC 2025

KUALA LUMPUR, Nov 27 (Bernama) -- Eastern Pacific Industrial Corporation Bhd (EPIC Bhd) celebrated another remarkable achievement last night, securing three accolades at the HRD Awards 2025 Gala Dinner in recognition of its progressive human capital development initiatives.

Labuan Crude Oil Terminal Marks 50 Years As Malaysia’s Energy Gateway -- Hibiscus Petroleum Chairman

LABUAN, Nov 22 (Bernama) -- The Labuan Crude Oil Terminal (LCOT), one of Malaysia’s earliest and most enduring oil and gas installations, continues to stand as a symbol of national resilience and operational excellence as it celebrates its 50th anniversary, said Hibiscus Petroleum Bhd chairman Zainul Rahim.