Petronas Awards PSC For Permata Cluster Off Sabah Coast

KUALA LUMPUR, Feb 9 (Bernama) -- Petroliam Nasional Bhd (Petronas) via Malaysia Petroleum Management (MPM) today announced the award of the production sharing contract (PSC) for the Permata Cluster, located off the coast of Sabah, to London-based Bridge Petroleum Ltd. 

Ringgit Higher Against US Dollar On Strong December IPI

KUALA LUMPUR, Feb 9 (Bernama) -- The ringgit traded higher against the US dollar on Monday after Malaysia’s December Industrial Production Index (IPI) came in above market expectations, signalling that the domestic economy remains on a firm footing.

Bursa Malaysia Closes Higher On Strong Buying Of Blue Chips

KUALA LUMPUR, Feb 9 -- Bursa Malaysia ended higher on Monday, supported by continued interest in blue-chip counters,  in line with the upbeat performance across regional markets, said an analyst. 

Investment Banks Positive On Malaysia’s Manufacturing Sector Outlook In 2026

KUALA LUMPUR, Feb 9 (Bernama) -- Investment banks have remained positive on Malaysia’s manufacturing sector outlook in 2026, citing resilient domestic demand, reduced tariff uncertainty and steady investment activity as key factors supporting growth.

Sabah Acquires Strategic 20 Percent Stake In North Sabah EOR PSC

KOTA KINABALU, Feb 9 (Bernama) -- The Sabah government, through its wholly-owned entity SMJ Energy Sdn Bhd (SMJE), has solidified its position in the upstream oil and gas sector by acquiring a strategic 20 per cent participating interest in the North Sabah Enhanced Oil Recovery Production Sharing Contract (EOR PSC).

Rahim & Co Partners UK's Chestertons To Strengthen Global Real Estate Presence

KUALA LUMPUR, Feb 9 (Bernama) -- Rahim & Co International Property Consultants Sdn Bhd has announced a strategic affiliation with the UK-based Chestertons Global to strengthen its presence and professional real estate services “across Malaysia and worldwide.”

Foreign Investors Continue As Net Buyers On Bursa Malaysia For 5th Straight Week

KUALA LUMPUR, Feb 9 (Bernama) -- Foreign investors remained net buyers on Bursa Malaysia for a fifth consecutive week, recording a modest RM15.0 million in net foreign inflows, roughly similar to the RM12.8 million recorded a week earlier, according to MBSB Investment Bank Bhd.

Bursa Malaysia Opens Higher, Tracking Wall Street And Asian Gains

By Karina Imran

KUALA LUMPUR, Feb 9 (Bernama) -- Bursa Malaysia opened higher on Monday, following gains on Wall Street and across major Asian markets, as indices rebounded sharply after last week’s sell-off, an analyst said.

Ringgit Opens Little Changed Against US Dollar On Mixed Global Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 9 (Bernama) -- The ringgit opened nearly unchanged against the US dollar on Monday, as mixed global sentiment capped gains while investors assessed political developments and major currency moves.

Malaysia, India To Promote Ringgit-rupee Use In Bilateral Trade - PM Anwar

PUTRAJAYA, Feb 8 (Bernama) -- Malaysia and India have agreed to expedite the use of the ringgit and rupee in bilateral trade and investment, said Prime Minister Datuk Seri Anwar Ibrahim.

Malaysia, India To Promote Ringgit-Rupee Use In Bilateral Trade - PM Anwar

PUTRAJAYA, Feb 8 (Bernama) -- Malaysia and India have agreed to expedite the use of the ringgit and rupee in bilateral trade and investment, said Prime Minister Datuk Seri Anwar Ibrahim.

Local Companies Must Strengthen Compliance With International Standards - Ewon

KOTA KINABALU, Feb 7 (Bernama) -- Sabah Deputy Chief Minister III Datuk Ewon Benedick has urged companies in the state to strengthen their compliance with international standards.