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Hibiscus Shares Rise After PSC, Gas Sales Agreement Extensions

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.

Hibiscus Petroleum’s Units Secure 20-year Extension For PM3 CAA Contract

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).

Steel Hawk Expects Sustained Strong Momentum In FY2025

By Siti Radziah Hamzah

KUALA LUMPUR, April 9 (Bernama) -- Oil and gas services provider Steel Hawk Bhd is expected to record double digit growth for its earnings and revenue in the financial year ending Dec 31, 2025 (FY2025), said executive director Datuk Sharman K. Michael.

PAC To Hold Five More Closed-door Proceedings On Insurance Hikes, Hospital Fees

By Zufazlin Baharuddin

KUALA LUMPUR, April 4 (Bernama) -- The Public Accounts Committee (PAC) will conduct five more closed proceedings this month regarding the increase in health insurance premiums, private hospital charges, and the impact on public health before preparing a comprehensive report for presentation during the parliamentary session in June.

Malaysian SMEs Urged To Diversify, Leverage ASEAN Countries To Navigate Tariff Challenges

KUALA LUMPUR, April 3 (Bernama) -- Malaysian small and medium enterprises (SMEs) must take steps to diversify both their sources of raw materials and their customer base, ensuring that supply chain risks are mitigated, according to Small and Medium Enterprises Association of Malaysia (Samenta) national president Datuk William Ng.

Digital Banks Must Realign Strategies To Serve B40

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, April 2 (Bernama) -- Digital banks in Malaysia are increasing efforts to reach the underserved B40 group, especially those in rural areas, by integrating banking services into popular platforms and offering attractive incentives to encourage usage.

Petronas To Work With Authorities To Support Those Affected By Putra Heights Incident

KUALA LUMPUR, April 2 (Bernama) -- Petroliam Nasional Bhd (Petronas) has committed to working closely with relevant ministries and agencies to channel timely and meaningful support to the families impacted by the fire incident near Putra Heights, Puchong, Selangor.

Iltizam Bill To Curb Corrupt Practices, Boost SME Growth -- Samenta

KUALA LUMPUR, March 26 (Bernama) -- The Small and Medium Enterprises Association (SAMENTA) Malaysia said the Government Service Efficiency Commitment Bill 2025 (Iltizam) would significantly curb corrupt practices in the public sector and provide small and medium-sized enterprises (SMEs) with the much-needed boost for productivity, growth, and expansion.

ITMAX Bags RM30.2 Mln Video Surveillance Contract In Pengerang

KUALA LUMPUR, March 26 (Bernama) -- ITMAX System Bhd’s subsidiary, Southmax Sdn Bhd, has secured a video surveillance contract worth RM30.2 million from the Pengerang Municipal Council for the installation of a closed-circuit camera system with artificial intelligence (AI) features and the establishment of a smart integrated operations centre.

Dewan Rakyat And Dewan Negara Approve Two Economy-related Bills

KUALA LUMPUR, March 26 (Bernama) -- The First Meeting of the Fourth Session of the 15th Parliament, which concluded yesterday, saw the passing of two economy-related Bills within the 12-day session.​

Borong Ranks Second Fastest-Growing Company In Asia Pacific By Financial Times

KUALA LUMPUR, March 24 (Bernama) -- Borong, a local business-to-business technology e-procurement and e-marketplace company, has been ranked the second fastest-growing company in the Asia-Pacific region in the Financial Times High-Growth Companies Asia-Pacific 2025 list.

BNPL And Debt: Between Convenience And Concern

PUTRAJAYA, March 23 (Bernama) -- Consumers’ ability to repay debt from 'Buy Now, Pay Later' (BNPL) facilities is increasingly a concern, especially with the significant growth in BNPL transactions in Malaysia, thus raising concerns about the risks of high indebtedness and the importance of financial literacy.