Pengerang Energy Complex Awards EPCC Contract To CNCEC

KUALA LUMPUR, June 10 (Bernama) -- Pengerang Energy Complex Sdn Bhd (PEC) has awarded the engineering, procurement, construction and commissioning (EPCC) contract for its Pengerang Energy Complex project in Johor, Malaysia, to China National Chemical Engineering Company Limited (CNCEC).

Cautious Sentiment Drags Bursa Malaysia Lower At The Close

By Harizah Hanim Mohamed

KUALA LUMPUR, June 9 (Bernama) -- Bursa Malaysia ended lower on Tuesday as investors adopted a cautious stance amid external uncertainties, keeping a close watch on the upcoming United States inflation as well as developments surrounding the fragile Israel-Iran ceasefire.

Malaysia Maintains Oil Production Quota For 2026 - Akmal Nasrullah

KUALA LUMPUR, June 9 (Bernama) -- Malaysia will maintain its petroleum production quota under the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) for 2026, as previously agreed, Economy Minister Datuk Seri Akmal Nasrullah Ahmad Nasir said.

Bursa Malaysia Slips At Open, Gainers Outpace Losers

KUALA LUMPUR, June 9 (Bernama) -- Bursa Malaysia opened slightly lower today with the key index slipping 0.06 per cent even as investors continued to participate in the broader market despite lingering concerns over the West Asia conflict.

MPRC Should Take Stronger Role To Help OGSE Companies Expand Globally -- Akmal Nasrullah

PUTRAJAYA, June 8 (Bernama) -- The Malaysia Petroleum Resources Corporation (MPRC) should take a stronger leadership role in helping Malaysian oil and gas services and equipment (OGSE) companies expand beyond the domestic market and build long-term industry resilience, according to Minister of Economy Akmal Nasrullah Mohd Nasir.

Bursa Malaysia Lower As West Asia Tension, Tech Sell-off Weigh On Global Markets

By Harizah Hanim Mohamed

KUALA LUMPUR, June 8 (Bernama) -- Bursa Malaysia recorded a decline of 0.82 per cent at the close today with the diversified composition of the FTSE Bursa Malaysia KLCI (FBM KLCI) helping to cushion the impact of global market weakness.

Anwar's Japan Visit To Advance Cooperation In Economy, Science, Technology

TOKYO, June 8 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s official visit to Japan is expected to provide strategic opportunities for Malaysia to expand cooperation in the fields of the economy, science and technology, as well as capacity building.

Bursa Malaysia Lower At Midday Amid Renewed West Asia Tensions

KUALA LUMPUR, June 8 (Bernama) -- Bursa Malaysia finished the morning session in negative territory, mirroring regional peers that tumbled amid fresh strikes in West Asia and concerns over technology stocks.

Supply Crisis To Push Costs Beyond Oil Prices, Whole-of-nation Response Needed -- Hassan Marican

KUALA LUMPUR, June 8 (Bernama) -- The ongoing global supply and energy crisis should not be viewed solely as an oil price issue, but as a broader physical disruption that could gradually affect households through rising costs of living, according to Tan Sri Mohd Hassan Marican.

Energy Disruptions Could Spill Over Into Food, Medical Supplies And Manufacturing, Warns Hassan Marican

KUALA LUMPUR, June 8 (Bernama) -- Disruptions to energy and petrochemical supplies could have far-reaching implications beyond fuel availability, potentially affecting items critical to everyday life, such as medical supplies, food packaging and agricultural fertilisers, according to Tan Sri Mohd Hassan Marican.

Bursa Malaysia Tracks Global Markets To Open Lower

KUALA LUMPUR, June 8 (Bernama) -- Bursa Malaysia opened weaker on Monday, tracking regional markets as sentiment remained cautious amid a fragile global economic environment.

Diversified Supply Sources Strengthen National Energy Security -- Amir Hamzah

PETALING JAYA, June 6 (Bernama) -- The government is using a sound risk management approach by diversifying energy supply sources to ensure the country's energy supply is sufficient, said Finance Minister II Datuk Seri Amir Hamzah Azizan.