Petronas Chemicals Records Loss Of RM789 Mln In 3Q On Unrealised Forex Loss

KUALA LUMPUR, Nov 20 (Bernama) -- Petronas Chemicals Group Bhd (PCG) recorded a net loss of RM789 million in the third quarter compared to a net profit of RM424 million in the same period last year, dragged down by unrealised forex losses of RM1.1 billion.

Petroluxe To Invest RM3 Bln In Oil Refinery And Petrochemical Complex In Pahang

KUANTAN, Nov 13 (Bernama) -- Petroluxe Refinery (M) Sdn Bhd (Petroluxe), which is owned by investors from China, is expected to invest about RM3 billion to develop an integrated oil refinery and petrochemical complex on 23.96 hectares located in the Gebeng Industrial Area.

Malaysia To Ensure Its CCUS Industry Takes Off As Soon As Possible - Rafizi

PUTRAJAYA, Nov 13 (Bernama) -- Malaysia must ensure its carbon capture, utilisation, and storage (CCUS) industry takes off as soon as possible amid increasing competition from other countries, said Economy Minister Rafizi Ramli. 

MIDA Identifies 12 Egyptian Companies Interested In Investing In Malaysia - Tengku Zafrul

From Nashir Mansor

CAIRO, Nov 12 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) through its agency the Malaysian Investment Development Authority (MIDA) has identified 12 leading Egyptian manufacturing companies interested in exploring investment opportunities in Malaysia.

Meetings With Companies In Shanghai An Opportunity To Attract Quality Investments - Anwar

KUALA LUMPUR, Nov 6 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim led a Malaysian delegation in one-on-one meetings with four leading companies in Shanghai before continuing his visit to Beijing today.

Lotte Chemical Titan Posts Higher Net Loss Of RM246.42 Mln In 3Q

KUALA LUMPUR, Nov 6 (Bernama) -- Lotte Chemical Titan Holding Bhd (LCT) posted a wider net loss of RM246.42 million during the third quarter ended Sept 30, 2024 (3Q 2024), as compared to a net loss of RM55.58 million in the same quarter last year.

Government To Leverage Sabah's Strengths, Capabilities To Attract High-tech Manufacturing Investors -- MITI

KUALA LUMPUR, Nov 6 (Bernama) -- The government plans to leverage Sabah's local strengths and capabilities to attract investors in the high-tech manufacturing industry, with a focus on downstream activities.

Anwar Invites Jiangsu Longda To Expand Business Into Malaysia

From Massita Ahmad

SHANGHAI, Nov 5 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has extended an invitation to Jiangsu Longda Superalloy Co Ltd to expand its business into Malaysia.

Taiwan Seeks 10,000 Engineers Annually To Strengthen Its Semiconductor Sector

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 17 (Bernama) -- Taiwan is seeking 10,000 semiconductor and related industry engineers each year to support its role as a main hub for the semiconductor industry, with Taiwan Semiconductor Manufacturing Co (TSMC) being a key player.

ECERDC Secures RM13.3 Bln In Realised Investments As Of September, Surpassing 2024 Target

KUALA LUMPUR, Oct 15 (Bernama) -- The East Coast Economic Region Development Council (ECERDC) has secured RM13.3 billion in realised investments for the region as of September, surpassing its 2024 target of RM10 billion.

Dialog Chief Operating Officer Mustaffa Kamal Promoted To CEO

KUALA LUMPUR, Oct 7 (Bernama) -- Dialog Group Bhd has promoted its chief operating officer Mustaffa Kamal Abu Bakar to chief executive officer (CEO) effective today.

Anwar's Pakistan State Visit Secures RM2.65 Bln In Trade Deals - Tengku Zafrul

From Mohd Haikal Mohd Isa

ISLAMABAD, Oct 4 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim's three-day state visit to Pakistan secured potential trade deals worth RM2.65 billion, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.