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LRT3 Scheduled To Begin Operation On Sept 30 -- Mot

KUALA LUMPUR, Feb 27 (Bernama) -- The Light Rail Transit Line 3 (LRT3) in the Klang Valley is scheduled to start operation on Sept 30, 2025, after the project’s hand-over to Prasarana Malaysia Bhd by the turnkey contractor on July 31.

Govt, BNM Continue To Strengthen Trade And Investment Mechanisms In Local Currency

KUALA LUMPUR, Feb 27 (Bernama) – The government and Bank Negara Malaysia (BNM) will continue to strengthen and improve existing channels and mechanisms to facilitate trade and investment transactions in the local currency.

Household Debt At RM1.63 Trillion At End Of 2024, Much Lower Than Financial Assets -- MOF

KUALA LUMPUR, Feb 27 (Bernama) -- Tha national household debt, which stood at RM1.63 trillion as at end-December 2024 -- equivalent to 84.2 per cent of gross domestic product (GDP) --  was much lower than household financial assets, according to the Finance Ministry (MoF).

GLIC's Domestic Investment Strengthens Economy, Resistance Against External Impacts

KUALA LUMPUR, Feb 27 (Bernama) – Domestic strategic investments by government-linked investment companies (GLICs) are becoming increasingly important and play a key role in strengthening Malaysia's economy from within, and improving resilience against external impacts.

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.

Petronas Committed To Maintaining Dividend Payment Of RM32 Bln This Year - Amir Hamzah 

KAJANG, Feb 26 (Bernama) -- Petroliam Nasional Bhd (Petronas) will remain committed to paying a dividend of RM32 billion to the government this year, said Second Finance Minister Datuk Seri Amir Hamzah Azizan.

In-depth Study To Be Conducted To Consider Feasibility Of Detailed Reporting Of Insurance Policy Profit And Loss

KUALA LUMPUR, Feb 26 (Bernama) -- A more in-depth study will be conducted to consider the feasibility of detailed reporting on the profit and loss of each medical insurance policy, said Deputy Finance Minister Lim Hui Ying.

Petronas, Petrovietnam To Boost Energy, RE Cooperation In Vietnam - PM Anwar

KUALA LUMPUR, Feb 26 (Bernama) – Petroliam Nasional Bhd (Petronas) and Vietnam Oil and Gas Group (Petrovietnam) will expedite cooperation in Vietnam’s energy sector, encompassing upstream and downstream activities, gas, and renewable energy (RE), said Prime Minister Datuk Seri Anwar Ibrahim.

Petronas Seen Maintaining RM50 Bln CAPEX In 2025 Despite Petros Uncertainties

KUALA LUMPUR, Feb 26 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects Petroliam Nasional Bhd (Petronas) to maintain its capital expenditure (capex) at RM50 billion or higher in the financial year 2025 (FY2025).

Govt Adding Export Markets, Strengthens Diplomacy To Address Economic Uncertainty - MITI

KUALA LUMPUR, Feb 26 (Bernama) -- The government is taking measures to mitigate the negative impact of global economic uncertainties on international trade by expanding export destinations and strengthening trade diplomacy, said the Ministry of Investment, Trade and Industry (MITI).

Malaysia Remains A Top Investment Destination For Europe And US, Nearly RM20 Bln Investment Commitments Identified

KUALA LUMPUR, 26 Feb (Bernama) -- Malaysia remains a top destination for European and US investors even though the country has joined BRICS as a partner country.

Petronas Waiting For Details On Cooperation With Petros

KUALA LUMPUR, Feb 25 (Bernama) -- Petroliam Nasional Bhd (Petronas) said it is waiting for the details of discussions between the federal government and Sarawak state government on the scope of cooperation between the national oil firm and Petroleum Sarawak Bhd (Petros).