Petronas Chemicals Records Loss Of RM789 Mln In 3Q On Unrealised Forex Loss

KUALA LUMPUR, Nov 20 (Bernama) -- Petronas Chemicals Group Bhd (PCG) recorded a net loss of RM789 million in the third quarter compared to a net profit of RM424 million in the same period last year, dragged down by unrealised forex losses of RM1.1 billion.

Hibiscus Petroleum Posts Lower 1Q Net Profit Of RM75.60 Mln

KUALA LUMPUR, Nov 19 (Bernama) -- Hibiscus Petroleum Bhd’s net profit for the first quarter (1Q) ended Sept 30, 2024, slipped to RM75.60 million from RM154.30 million posted in the same quarter last year. 

Anwar’s Brazil Visit Secures RM6.8 Bln Export Potential

From M. Saraswathi

RIO DE JANEIRO (Brazil), Nov 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s inaugural visit to Brazil has generated export potential worth RM6.8 billion (US$1.57 billion) over the next three to five years.  

Bursa Malaysia Rises Above 1,600 Mark At Midday

KUALA LUMPUR, Nov 18 (Bernama) -- Bursa Malaysia stopped for the midday break in upbeat mode, rising above the 1,600-point level as investors bought selected heavyweight stocks in industrial products and services, utilities, telecommunications and media.

Petronas Invests Another RM7.5 Bln In Pengerang Integrated Complex

JOHOR BAHRU, Nov 14 (Bernama) -- Petroliam Nasional Bhd has made new investments totalling RM7.5 billion at the Pengerang Integrated Complex (PIC) near Kota Tinggi. 

Dayang Enterprise Shares Up After Securing Two Petronas Carigali Contracts

KUALA LUMPUR, Nov 14 (Bernama) -- Dayang Enterprise Holdings Bhd (Dayang Enterprise) shares rose in early Bursa Malaysia trade today after securing two  Petronas Carigali Sdn Bhd (PCSB) contracts.

Malaysia To Ensure Its CCUS Industry Takes Off As Soon As Possible - Rafizi

PUTRAJAYA, Nov 13 (Bernama) -- Malaysia must ensure its carbon capture, utilisation, and storage (CCUS) industry takes off as soon as possible amid increasing competition from other countries, said Economy Minister Rafizi Ramli. 

Madani Economic Framework Initiatives To Be Key Focus In Ahmad Zahid's Official Visit To UAE

From Zarul Effendi Razali

ABU DHABI, Nov 13 (Bernama) -- Various initiatives under the MADANI Economic Framework, among other matters, will be highlighted during Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi’s seven-day official visit to the United Arab Emirates (UAE), which started today.

Dayang Enterprise Secures Two Contracts From Petronas Carigali

KUALA LUMPUR, Nov 13 (Bernama) -- Dayang Enterprise Holdings Bhd's (DEHB) wholly owned subsidiary Dayang Enterprise Sdn Bhd has been awarded two contracts from Petronas Carigali Sdn Bhd (PCSB) for the provision of Pan-Malaysia offshore maintenance, construction, modification, and hook-up services.

The Late Daim: From Ex-Banker And Realtor To Nation's Economic Troubleshooter

KUALA LUMPUR, Nov 13 (Bernama) -- Tun Daim Zainuddin, who passed away this morning at the age of 86, is best known as former Prime Minister Tun Dr Mahathir Mohamad’s chief economic troubleshooter.

Bursa Malaysia Ends Lower On Profit-taking

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Nov 11 (Bernama) -- Bursa Malaysia closed lower on the first day of the trading week weighed by profit-taking in heavyweights, particularly Tenaga Nasional and banking sectors, said an analyst. 

MyTourist Pass Launched To Ease Public Transport For Tourists

KUALA LUMPUR, Nov 10 (Bernama) — Prasarana Malaysia Bhd, through Rapid KL, today launched the MyTourist pass, specially designed to make it easier for domestic and international tourists to use public transportation in the federal capital.