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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. 

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).

McDonald’s Malaysia To Invest RM1 Bln Over Five Years, Open 100 Restaurants

KUALA LUMPUR, Feb 7 (Bernama) -- McDonald’s Malaysia is planning to invest RM1 billion to open 100 new restaurants, modernise existing outlets and strengthen digital capabilities over the next five years.

MITI: 5,624 Public EV Charging Units Installed Nationwide

KUALA LUMPUR, Feb 5 (Bernama) – A total of 5,624 public electric vehicle (EV) charging units have been installed nationwide, representing 56 per cent of the overall target, said Investment, Trade and Industry Minister (MITI) Datuk Seri Johari Abdul Ghani.

Petronas Activity Outlook (2026-2028) Neutral About Upstream Activities - Kenanga IB

KUALA LUMPUR, Jan 30 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) said the recently released Petronas Activity Outlook (2026-2028) is largely neutral about the upstream services sector due to ageing vessels and rig supply in the local market.

MPOB In Talks With Ground Vehicle Operators, Biodiesel Suppliers To Expand B20 Use At KLIA - KPK

KUALA LUMPUR, Jan 29 (Bernama) -- The Malaysian Palm Oil Board (MPOB) is in discussions with ground vehicle operators and B20 biodiesel suppliers to blend B20 as part of efforts to expand its use at the Kuala Lumpur International Airport (KLIA).

Hydrostor, Baker Hughes Extend Partnership On Energy Storage Technology

KUALA LUMPUR, Jan 29 (Bernama) -- Hydrostor, a global long duration energy storage (LDES) developer and operator, and Baker Hughes, an energy technology company, have announced a strategic technology solutions and equity agreement to advance large-scale energy storage projects.

Global Spotlight On Sustainable Finance To Stay Strong Amid Data Centre Growth -- Moody's

KUALA LUMPUR, Jan 28 (Bernama) -- The global spotlight on sustainable finance is expected to remain strong this year amid the rapid growth of data centres, said Moody’s Ratings.

New Labuan Power Plant To Strengthen Energy Security, Boost Investor Confidence - DPM Fadillah

LABUAN, Jan 27 (Bernama) -- The 120-megawatt Rancha power plant is expected to significantly strengthen Labuan’s power supply reliability, resolve longstanding electricity disruptions and enhance the island’s attractiveness as an investment destination, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

Saudi Ministers Pitch 'Connector Economy' At WEF Davos

KUALA LUMPUR, Jan 26 (Bernama) -- Saudi Arabia’s ministers at the World Economic Forum (WEF) Annual Meeting in Davos outlined the Kingdom's strategy to become a pivotal "connector economy" amid shifts in global trade, aggressively expanding its tourism sector, and reinforcing its role as a stable partner in finance and emerging technologies.

MHIT White Paper Seen Boosting Healthcare Access – CIMB Securities

KUALA LUMPUR, Jan 23 (Bernama) -- CIMB Securities Sdn Bhd views Bank Negara Malaysia’s (BNM) White Paper on the base medical health insurance/takaful (MHIT) plan as a pivotal step towards broadening healthcare accessibility, with the potential to expand the risk pool across all participating insurance and takaful operators (ITOs).

BNMLINK Receives 222 MHIT Complaints In 2025, With 96 Pct Resolved -- MoF

KUALA LUMPUR, Jan 22 (Bernama) -- A total of 222 complaints regarding medical and health insurance/takaful (MHIT) products from the public were received by Bank Negara Malaysia Laman Informasi Nasihat dan Khidmat (BNMLINK) throughout 2025, according to the Ministry of Finance (MOF).