Rubber Market Ends Mixed Amid Gains In Crude Oil Prices

KUALA LUMPUR, Nov 13 (Bernama) -- The Kuala Lumpur rubber market continued to end mixed on Wednesday amid gains in crude oil prices, a dealer said.

Malaysia Poised To Become ASEAN's Regional Hub For EV Manufacturing -- Liew Chin Tong

KUALA LUMPUR, Nov 12 (Bernama) -- Malaysia has significant potential to become a regional hub for electric vehicle (EV) manufacturing in ASEAN, thanks to its 40-year history in automotive production since 1983 and its strong semiconductor cluster, said Deputy Minister of Investment, Trade and Industry Liew Chin Tong.

Sarawak Projects Up To 6 Pct Economic Growth In 2024 -- Abang Johari

KUCHING, Nov 11 (Bernama) -- Sarawak is projected to experience resilient economic growth of five to six per cent in 2024 due to strong external demand, increased domestic activities and easing inflationary pressures.

Petronas Signs Mous To Boost Technology Efficiency In E&P Sector

KUALA LUMPUR, Nov 7 (Bernama) -- Petroliam Nasional Bhd (Petronas), through its Malaysia Petroleum Management (MPM) division, has signed two memoranda of understanding (MoUs) aimed at enhancing technology and operational efficiencies in Malaysia's exploration and production (E&P) sector.

Rubber Market Ends Mixed Amid Gains In Regional Futures

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 6 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Wednesday, supported by gains in regional futures markets and a weaker ringgit against the US dollar, a dealer said.

Petronas Harnesses AI for Data-driven Investor Decisions In Malaysia’s E&P Sector

KUALA LUMPUR, Nov 6 (Bernama) -- Petronas, through Malaysia Petroleum Management (MPM), has partnered with Earth Science Analytics (ESA) and Amazon Web Services (AWS) to leverage advanced artificial intelligence (AI) and machine learning (ML) technologies to accelerate exploration efforts in the Malay Basin and enhance data capabilities of the Petronas myPROdata platform.

Kuala Lumpur Records RM49.54 Bln Export Value In First 9 Months Of 2024 - MATRADE

KUALA LUMPUR, Nov 6 (Bernama) -- Kuala Lumpur plays an important role in the country’s economic growth, recording an export value of RM49.54 billion, an increase of 4.9 per cent in the first nine months of 2024 compared to the same period last year, according to the Malaysia External Trade Development Corporation (MATRADE).

Govt’s Energy Policies Provide Opportunities For OGSE Players To Expand, Enter New Markets

KUALA LUMPUR, Nov 5 (Bernama) -- The oil and gas services and equipment (OGSE) sector should see the government’s robust energy transition policies as opportunities to expand, enter new markets and team up with international partners, said Ministry of Economy Secretary-General Datuk Nor Azmie Diron.

Rubber Market Ends Lower Amid Regional Futures Downtrend

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 4 (Bernama) -- The Kuala Lumpur rubber market ended lower on Monday, following the downtrend in the regional rubber futures market and the strengthening of the ringgit against the United States (US) dollar, a dealer said.

SD Guthrie Lifts FBM KLCI To End Above Key 1,600 Support Level

By NurulJannah Kamaruddin

KUALA LUMPUR, Nov 1 (Bernama) -- A rally in plantation stock, SD Guthrie, propelled by a jump in crude palm oil (CPO) price to a fresh 28-month high today, lifted Bursa Malaysia’s barometer index to breach above the key psychological support level of 1,600 on Friday.

Petronas Clarifies Status Of DGO Talks With Petros

KUALA LUMPUR, Oct 31 (Bernama) — PETRONAS wishes to clarify that it is still in discussions with Petroleum Sarawak Bhd (Petros) on the proposed implementation of the Distribution of Gas Ordinance (DGO).

Petros To Allocate RM40 Bln For Capex Over The Next Five Years -- Chairman

KUCHING, Oct 31 (Bernama) -- Petros, the Sarawak government-owned oil and gas company, is allocating about RM40 billion over the next five years for its capital expenditure (capex), according to its chairman, Tan Sri Hamid Bugo.