| LATEST NEWS | Axiata Group Bhd has appointed Nik Rizal Kamil Nik Ibrahim Kamil to succeed Vivek Sood as Group Chief Executive Officer and Managing Director, effective June 1, 2026. | Maximum Price Control Scheme for CNY 2026 set to be enforced for nine days from Feb 13 - Armizan | Two organised crime syndicates involving losses of over RM4 million in Johor busted - IGP | Malaysia improves its standing in 2025 CPI, rising to 54th from 57th in 2024 — Transparency International | Cloud seeding operations to be conducted in Johor, Kedah and Perak from Feb 11-15 - Ahmad Zahid | |
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.
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).
GEORGE TOWN, Feb 5 (Bernama) -- Penang’s long-standing economic partnership with China continues to play a pivotal role in strengthening the state’s industrial ecosystem, with Chinese investments reaching nearly RM16 billion over the past decade.
KUALA LUMPUR, Feb 5 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) is maintaining its crude palm oil (CPO) price assumption of RM4,200 per metric tonne (mt) and earnings forecasts for 2026 for now, pending a review following Indonesia’s recent move to delay the implementation of its B50 mandate.
By K. Naveen Prabu
KUALA LUMPUR, Jan 31 (Bernama) -- The rubber market is expected to be cautiously bullish next week, supported by steady upstream price momentum.
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.
KUALA LUMPUR, Jan 29 (Bernama) -- WTK Holdings Bhd has received unanimous shareholders’ approval to acquire equity interests in three companies from related party WTK Realty Sdn Bhd for RM555 million.
KUALA LUMPUR, Jan 28 (Bernama) -- The Malaysia–France mining project between Malaco Mining Sdn Bhd and French rare earth refining and recycling specialist Carester has entered the pilot plant phase for mining and refining.
KUALA LUMPUR, Jan 19 (Bernama) -- Petroliam Nasional Bhd (Petronas) has appointed Mohd Jukris Abdul Wahab as chief operating officer (COO) with effect from Feb 1, 2026.
By Zufazlin Baharuddin
KUALA SELANGOR, Jan 18 (Bernama) -- SumiSaujana Group Bhd, through wholly-owned subsidiary SumiSaujana TCM Chemicals Sdn Bhd (SSTCM), plans to diversify further into bio-based specialty chemical materials this year, building on its core capabilities in producing both ready-formulated and custom-made specialty chemicals and additives.
KUALA LUMPUR, Jan 16 (Bernama) -- Kenanga Investment Bank Bhd expects crude palm oil (CPO) to trade around RM4,000 per tonne over 2026 from RM4,308 in 2025 on the back of a still-tight global edible oil supply despite a supply uptick with inventories unlikely to improve significantly.
