ASEAN Economic Ministers Achieve Key Milestone By Endorsing Priority Economic Deliverables

By Niam Seet Wei, Norsyafawati Ab Wahab, Mohd Khairi Idham Amran, Ahmad Erwan Othman and Danni Haizal Danial Donald

KOTA TINGGI, March 1 (Bernama) -- The 31st ASEAN Economic Ministers' (AEM) Retreat, which ended Friday at One&Only Desaru Coast resort near here, achieved a significant milestone by endorsing a slew of economic initiatives, including all 18 Priority Economic Deliveràbles (PEDS) which are key towards achieving the ambitious ASEAN Economic Community.

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).

Hytera To Unveil 5G Mission-critical Smart Device At MWC25 Next Month

KUALA LUMPUR, Feb 25 (Bernama) -- Hytera Communications, a professional communications technologies and solutions global provider, will debut its latest innovation, the PNC660 5G mission-critical ruggedised smart device, at the Mobile World Congress (MWC25) in Barcelona from March 3 to 6.

EPMB, China’s Sanly And Jujin To Localise Proton Saga MC3 Parts

KUALA LUMPUR, Feb 24 (Bernama) -- EP Manufacturing Bhd (EPMB) has signed joint venture agreements with China-based Sanly and Jujin to localise the production of key automotive components for the Proton Saga MC3.

ASEAN Committed To Strengthening WTO - Envoy

KUALA LUMPUR, Feb 20 (Bernama) -- ASEAN is committed to contributing constructively to further strengthen the World Trade Organisation (WTO), including through engagement with other members and various stakeholders at any available platform.

BYD Energy Storage Inks World's Largest Grid-scale Energy Storage Deal, Totalling 15.1 GWh

KUALA LUMPUR, Feb 18 (Bernama) -- BYD Energy Storage and Saudi Electricity Company (SEC) recently signed the world's largest grid-scale energy storage projects contracts with a capacity of 12.5 gigawatt hours (GWh) at the time.

MCHB's Unit To Dispose Of 15.64ha Land In Negeri Sembilan For RM90.91 Mln

KUALA LUMPUR, Feb 12 (Bernama) -- Matrix Concepts Holdings Bhd's (MCHB) 85 per cent-owned subsidiary, N9 Matrix Development Sdn Bhd, has entered into a sale and purchase agreement (SPA) to dispose of 15.64 hectares of land for RM90.91 million to Kuntum Kemuning Sdn Bhd (KKSB) in Labu, Negeri Sembilan.

Analysts Mixed On Oil And Gas After Petronas Releases Activity Outlook 2025-2027

KUALA LUMPUR, Jan 31 (Bernama) -- Analysts are divided in their outlook for Malaysia’s oil and gas (O&G) sector following the release of the Petronas Activity Outlook (PAO) 2025-2027, which forecasts a general reduction in upstream activities and a focus on maintenance services.

ASEAN-BAC Preparing 3 Detailed Studies On ASEAN IPO Prospectus - Nazir

GEORGE TOWN, Jan 16 (Bernama) -- The ASEAN Business Advisory Council (ASEAN-BAC) is preparing three in-depth studies to present to ASEAN governments on the ASEAN IPO Prospectus, one of the 12 initiatives unveiled today.

Cargill Charts Course Toward Sustainable Shipping Via Innovation, Collaboration 

KUALA LUMPUR, Jan 15 (Bernama) -- Cargill is driving a transformation in global shipping, integrating cutting-edge technologies and partnerships to advance sustainable practices across the maritime industry.

Sapura Energy Gets Second Approval-in-principle From Financiers For Restructuring

KUALA LUMPUR, Jan 13 (Bernama) -- Sapura Energy Bhd has received written confirmation from the Corporate Debt Restructuring Committee (CDRC) on Jan 11, 2025, that MCF Financiers have provided their requisite additional approval-in-principle in respect of certain refinements to the terms of the proposed restructuring scheme (PRS). 

WEF Expects More Focus On Tariffs, Industry Policies During Trump 2.0

KUALA LUMPUR, Jan 7 (Bernama) -- The World Economic Forum (WEF) expects more focus on tariffs and industry policies during the second term of Donald Trump’s presidency.