KUALA LUMPUR, April 10 (Bernama) -- Hibiscus Petroleum Bhd’s share price rose in early trade today following the announcement that the Petroleum Malaysia Field Three (PM3) commercial arrangement area production sharing contract (PM3 CAA PSC) and upstream gas sales agreement (UGSA) will continue.
By M.Saraswathi
KUALA LUMPUR, April 10 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said Malaysia welcomes the United States’ (US) move to pause higher tariffs for numerous trading partners, while acknowledging that this volatility creates significant challenges for ASEAN economies.
KUALA LUMPUR, April 9 (Bernama) -- Hibiscus Petroleum Bhd’s indirect wholly-owned subsidiaries, Hibiscus Oil & Gas Malaysia Ltd. and Hibiscus Oil & Gas Malaysia Ltd. (HML PM3) have inked a key principles agreement with Petroliam Nasional Bhd (Petronas) and Vietnam Oil and Gas Group (PetroVietnam).
KUALA LUMPUR, April 9 (Bernama) -- There will be no winner in the United States (US) sweeping global tariffs and similar responses from other countries, and the only way forward is through negotiation to minimise the damage, said former Bank Negara Malaysia assistant governor Tan Sri Andrew Sheng.
KUALA LUMPUR, April 9 (Bernama) -- The recent decision by the United States (US) to impose tariffs on Malaysian exports marks a sharp turn in global economic diplomacy, one that is symptomatic of deeper geopolitical anxieties.
By Zufazlin Baharuddin
KUALA LUMPUR, April 9 (Bernama) -- ASEAN Power Grid (APG) vision requires an estimated investment of US$764 billion (US$1 = RM4.49) for power generation and transmission infrastructure, said ASEAN secretary- general Dr Kao Kim Hourn.
KUALA LUMPUR, April 9 (Bernama) -- ASEAN Finance Ministers today got down to the hard work of putting in place the necessary pre-requisites and initiatives to deepen financial integration more urgently in the light of debilitating tariffs on all member states.
KUALA LUMPUR, April 8 (Bernama) -- Unity among ASEAN members will determine the success of the ten member states in weathering the US tariff storms that have severely impacted the region, says Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
By Karina Imran
KUALA LUMPUR, April 8 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz is set to lead Malaysia’s delegation to Washington at end of this month to discuss the reciprocal tariffs imposed by the United States (US) on Malaysia.
KUALA LUMPUR, April 8 (Bernama) -- ASEAN's strength lies not in drama, but in its durability having withstood wars, crises and coups over nearly six decades since the region’s establishment in 1967, and together, has what it takes to tackle Washington's move to impose debilitating tariffs that saw global markets taking a rout.
In instilling much-needed confidence for the region, Prime Minister, Datuk Seri Anwar Ibrahim said ASEAN, which Malaysia is now Chair, has always moved forward, even if it is was “only by inches, often frustratingly, but forward nonetheless."
By Nur Athirah Mohd Shaharuddin & Syuhada Yusof
KUALA LUMPUR, April 7 (Bernama) -- Any revision to the 2025 Gross Domestic Product (GDP) growth forecast of 4.5 to 5.5 per cent will be based on a comprehensive impact analysis by the National Geoeconomic Command Centre (NGCC), said the Finance Ministry.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, April 7 (Bernama) -- Any revision to the 2025 Gross Domestic Product (GDP) growth forecast of 4.5 to 5.5 per cent will be based on a comprehensive impact analysis by the National Geoeconomic Command Centre (NGCC), said the Finance Ministry.
