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Petronas Unveils Support Programme For Staff Affected By Workforce Reduction

KUALA LUMPUR, June 10 (Bernama) --  Petroliam Nasional Bhd (Petronas) has introduced a comprehensive transition programme to support employees affected by a planned workforce reduction as the company undertakes a major strategic transformation to future-proof its operations and remain competitive in a changing global energy landscape.

Bursa Malaysia Opens Flat, Broader Market Negative

KUALA LUMPUR, June 10 (Bernama) -- Bursa Malaysia traded flat at the opening today as traders mostly stayed on the sidelines amid the prevailing market uncertainty, ahead of the outcome of trade negotiations between China and the United States.

Bursa Malaysia Ends In Positive Territory, Awaits US-China Trade Talks

By Harizah Hanim Mohamed

KUALA LUMPUR, June 9 (Bernama) -- Bursa Malaysia closed the trading day in positive territory, supported by investor accumulation of selective heavyweights, as market participants awaited the outcome of high-level US-China discussions.

Bursa Malaysia Ends Morning Session Firmer

KUALA LUMPUR, June 9 (Bernama) -- Bursa Malaysia ended in positive territory at midday on renewed interest in selected blue chips, led by MISC, Tenaga Nasional and Petronas Chemicals.

Petronas Layoffs Driven By Global Challenges, Not Petros Issue - Fadillah 

KUCHING, June 7 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) move to trim its workforce stems from global challenges and is not connected to the national oil firm's issues with Petroleum Sarawak Bhd (Petros).

Petronas Conducts Thorough Review On Overall Operations To Remain Competitive

KUALA LUMPUR, June 6 (Bernama) -- Petroliam Nasional Bhd (Petronas) reiterated that it is conducting a thorough review of its operations, including assets, processes, expenditures, and workforce to ensure it remains competitive and future-ready.

Bursa Malaysia Ends Slightly Lower Tracking Regional Markets

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 6 (Bernama) -- Bursa Malaysia ended the week slightly lower, tracking the negative performance seen across regional markets, particularly among emerging markets, an analyst said.

Bursa Malaysia Lower At Midday On Profit-taking

KUALA LUMPUR, June 6 (Bernama) -- Bursa Malaysia ended lower at midday today as profit-taking activities continued from mid-morning in most lower liners and selected blue-chip counters, led by industrial products and services stocks. 

Petronas To Cut 10 Pct Of Its Workforce – Tengku Muhammad Taufik

KUALA LUMPUR, June 6 (Bernama) -- Petroliam Nasional Bhd (Petronas) is cutting 10 per cent of its workforce to cope with challenging operating conditions, particularly due to falling crude prices.

Bursa Malaysia Lower At Opening, Tracking Wall Street Losses

By Rosemarie Khoo

KUALA LUMPUR, June 6 (Bernama) -- Bursa Malaysia opened lower today, tracking the overnight losses on Wall Street, with sentiment affected by the ongoing spat between US President Donald Trump and businessman Elon Musk.

Petronas Not Exiting Canada, Says Group CEO

KUALA LUMPUR, June 5 (Bernama) -- Petroliam Nasional Bhd (Petronas) has reiterated that the company is not exiting Canada.