Petronas-Petrovietnam Cooperation Expected To Be Formalised In May -- PM Anwar

HANOI, Feb 26 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has expressed hope that the cooperation between national oil company Petroliam Nasional Bhd (Petronas) and the Vietnam Oil and Gas Group (Petrovietnam) in the maritime border area of both countries will be formalised in May this year.

MAG Adds 200 Flights For Ramadan, Hari Aidilfitri Travel Rush

KUALA LUMPUR, Feb 26 (Bernama) -- Malaysia Aviation Group (MAG)’s airlines, which operates Malaysia Airlines Bhd and Firefly will be allocating over 200 additional flights during the upcoming Ramadan and Hari Raya Aidilfitri peak travel period to accommodate the expected surge in travel demand.

Ringgit Rebounds Against US Dollar As Weak US Data Supports Rate Cut Expectations

KUALA LUMPUR, Feb 26 (Bernama) -- The ringgit rebounded against the US dollar at the opening today after a weaker-than-expected US consumer confidence report weighed on the greenback, reinforcing the narrative that monetary policy easing in the United States should remain intact this year.

First LNG Shipment From Canada In July - Petronas

KUALA LUMPUR, Feb 25 (Bernama) -- Petroliam Nasional Bhd (Petronas) has announced that its first liquefied natural gas (LNG) shipment from its joint venture, LNG Canada, is now expected to occur in July 2025.

IOI Corp Posts Lower 2Q Net Profit Of RM111.1 Mln, Declares 5 Sen Dividend

KUALA LUMPUR, Feb 25 (Bernama) -- IOI Corporation Bhd’s (IOI Corp) net profit fell by two-thirds to RM111.1 million in the second quarter ended Dec 31, 2024 (2Q FY2025) from RM335.4 million in the year-ago quarter despite a stronger contribution from the plantation segment. 

PM Anwar To Visit Vietnam, Deliver Keynote Address At 2nd ASEAN Future Forum

HANOI, Feb 24 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim will undertake a working visit to Vietnam where he will also deliver a keynote address at the 2nd ASEAN Future Forum on Wednesday.

Sime Darby Posts RM305 Mln 2Q Net Profit, Declares 4 Sen Dividend

KUALA LUMPUR, Feb 24 (Bernama) -- Sime Darby Bhd posted a net profit of RM305 million in the second quarter ended Dec 31, 2024 (2Q FY2025) compared to RM2.28 billion in 2Q FY2024.

PjH Spends Over RM106 Mln To Upgrade Alamanda Shopping Centre

PUTRAJAYA, Feb 23 (Bernama) -- Putrajaya Holdings Sdn Bhd (PjH) is spending more than RM106 million to upgrade its Alamanda shopping centre here, said its chief executive officer (CEO) Datuk Izwan Hasli Mohd Ibrahim. 

Economic Recovery, People's Capabilities Among Factors Attracting Foreign Investors - PM Anwar

PUTRAJAYA, Feb 23 (Bernama) -- Rapid economic recovery and resilience, as well as the people’s capabilities to help the country progress, have become attractive factors for foreign investors to come to Malaysia, said Prime Minister Datuk Seri Anwar Ibrahim.

Johor Bars Investments Involving E-waste Imports

JOHOR BAHRU, Feb 22 (Bernama) -- The Johor state government will not allow any investment which involve the importation of electrical and electronic waste (e-waste) into the state.

CPO Futures Slide Amid Weak Export Estimates

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 20 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Thursday.

Perlis Eyes Growth via Inland Port, Riding Penang’s E&E Wave

KUALA LUMPUR, Feb 20 (Bernama) -- Perlis is actively developing the Perlis Inland Port (PIP) and other maritime facilities to attract investors to the state while aiming to benefit from the economic spillover of strong investment inflows into Penang’s electrical and electronics  (E&E) sector.