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Agape ATP Secures US$23 Mln From Institutional Investors In Private Placement

KUALA LUMPUR, March 6 (Bernama) -- NASDAQ-listed Agape ATP Corporation (ATPC) has entered into agreements for a US$23 million (US$1=RM4.41) private placement with institutional investors to support its expansion in healthcare, oil and gas trading, and renewable energy.

Malaysia Strengthens Digital Transformation With 19 MoUs At MWC 2025

BARCELONA (Spain), March 6 (Bernama) -- Malaysia continues to solidify its digital transformation with the exchange of 19 memoranda of understanding (MoUs) between local players and global tech leaders on the sidelines of the Mobile World Congress (MWC) 2025. 

CCUS Bill, Regulations Related To Co2 In Offshore Areas Need To Be Enforced By March 31 - Economy Ministry

KUALA LUMPUR, March 5 (Bernama) -- The Economy Ministry emphasised the need to develop and enforce the Carbon Capture, Utilisation and Storage Bill (CCUS Bill) and regulations related to the importation and permanent storage of carbon dioxide in offshore areas by March 31, 2025.

Malaysia’s Natural Gas Production Rebounds, Up 3 Pct In 2024 -- DOSM

KUALA LUMPUR, March 4 (Bernama) -- Malaysia’s natural gas production rose three per cent to 2,948.8 billion cubic feet in 2024, rebounding from previous declines, the Department of Statistics Malaysia (DOSM) said.  

IMF Sees Malaysia Growing 4.7 Pct In 2025, Urges Sustained Fiscal Consolidation

KUALA LUMPUR, March 4 (Bernama) -- Malaysia’s strong growth momentum is expected to continue in the near term, with the economy projected to expand by 4.7 per cent this year, the International Monetary Fund (IMF) said.  

Wasco Delivers Best Financial Performance In FY2024, Declares 2 Sen Dividend

KUALA LUMPUR, March 1 (Bernama) -- Energy solution provider Wasco Bhd delivered its best annual financial performance in the year ended Dec 31, 2024 (FY2024) with a 41.2 per cent jump in net profit to RM153.04 million.

Sabah Company Partners Schlumberger For Greater Participation In O&G Sector

LABUAN, Feb 28 (Bernama) -- Nawie Oilfield Services Sdn Bhd (NOS) has signed a memorandum of understanding (MoU) with Schlumberger Malaysia Sdn Bhd (SLB) to enhance its participation in Sabah’s oil and gas (O&G) industry.

KNM Group Disposes Of Entire Stake In DKNM To Japan's NGK For RM1.24 Bln

KUALA LUMPUR, Feb 27 (Bernama) -- KNM Group Bhd, through wholly-owned subsidiary KNM Process Systems Sdn Bhd (KNMPS), has entered into a conditional sale, purchase and transfer agreement with Japan-based NGK Insulators Ltd for the proposed disposal of its entire equity interest in Deutsche KNM GmbH (DKNM) for 270 million euros (about RM1.24 billion).

Malaysia’s PPI Rises 0.8 Per Cent In January 2025 - DOSM

KUALA LUMPUR, Feb 27 (Bernama) -- Malaysia’s Producer Price Index (PPI), which measures price changes at the producer level, rose by 0.8 per cent year-on-year in January 2025, extending the 0.5 per cent increase recorded in December 2024, said the Department of Statistics Malaysia (DOSM).

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, 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).