There are 50 news based on search keyword " petroleum"

Budget 2027: Tax, Stamp Duty Incentives To Ease Shipowners’ Financing Constraints

KUALA LUMPUR, Oct 11 (Bernama) -- Budget 2027’s extension of the income tax exemption and fixed stamp duty rates on ship financing is expected to ease financing constraints for Malaysian shipowners facing stringent collateral requirements and mismatches between loan tenures and ships’ useful lives.

Malaysia Should Establish Green Shipping Corridor To Accelerate Maritime Industry’s Green Transition - Expert

KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia should establish a green shipping corridor to accelerate the maritime industry’s transition towards greener operations through closer coordination between the government and industry players, said an expert.

TNB's RM15 Bln Grid Investment To Support Power Reliability, Industrial Growth -- Solarvest

KUALA LUMPUR, Oct 9 (Bernama) -- Tenaga Nasional Bhd’s (TNB) RM15 billion investment in the national grid announced in Budget 2027 today addresses a critical priority and need for the infrastructure to support reliable power and industrial expansion, said Solarvest Holdings Bhd.

Budget 2027 Strengthens Fiscal Position, Supports Long-term Growth -- MARC

KUALA LUMPUR, Oct 9 (Bernama) -- Budget 2027 reflects the government's commitment to supporting economic growth while advancing fiscal consolidation, Malaysian Rating Corporation Bhd (MARC) said.

Need Systematic Approach To Identify Inputs, Risk, Intervention - MoF

KUALA LUMPUR, Oct 9 (Bernama) – A more systematic approach is required to identify critical inputs, monitor concentrated supply risks and coordinate early intervention in mitigating adverse impact resulting from geopolitical uncertainties, according to the Ministry of Finance (MoF).  

Domestic Demand, Investments To Continue To Drive Malaysia’s Growth Trajectory At 4.2-5.2 Pct In 2027

By Kisho Kumari Sucedaram and Norsyafawati Ab Wahab 

KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia's economy is projected to expand by a commendable 4.2-5.2 per cent in 2027, from 4.8-5.3 per cent this year, supported by sustained domestic demand, favourable labour market conditions, continued income growth and firm investment activity, according to the Ministry of Finance (MoF) today.

Manufacturing Sector Sales Rise 9.9 Pct To RM185.0 Bln In August 2026 -- DOSM

KUALA LUMPUR, Oct 9 (Bernama) -- The sales value of the manufacturing sector in August 2026 increased by 9.9 per cent year-on-year (y-o-y) to RM185.0 billion, up from the 9.1 per cent growth recorded in July 2026, according to the Department of Statistics Malaysia (DOSM).

B15 Implementation Saves 23.62 Mln Litres Of Diesel A Month

KUALA LUMPUR, Oct 5 (Bernama) -- The implementation of the B15 biodiesel blend has saved an average of 23.62 million litres of petroleum-based diesel per month in the June-August period.

Govt's Subsidy Expenditure Down 40.1 Pct To RM23.43 Bln In 2025

KUALA LUMPUR, Oct 5 (Bernama) -- The government has managed to reduce its subsidy expenditure by 40.1 per cent to RM23.43 billion in 2025 from RM39.10 billion in 2024, supported by the decline in crude oil prices and the implementation of the targeted diesel and petrol subsidy reforms.

OGSE Sector To Increase Output, Revenue In The Next Three Years - Akmal Nasrullah

KUALA LUMPUR, Sept 23 (Bernama) -- The government expects the oil and gas services and equipment (OGSE) sector to increase its output and revenue in the next two to three years through expansion into overseas markets, said Minister of Economy Akmal Nasrullah Mohd Nasir. 

Bursa Malaysia Stays Firmer At Midday

KUALA LUMPUR, Sept 22 (Bernama) -- Bursa Malaysia remained in positive territory at midday, supported by buying interest in selected heavyweight counters, led by banking and healthcare stocks.

Bursa Malaysia Higher At Mid-Morning, Boosted By Selected Heavyweights

KUALA LUMPUR, Sept 22 (Bernama) -- Bursa Malaysia was higher at mid-morning, supported by gains in selected heavyweight counters, led by healthcare and banking stocks.