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KUALA LUMPUR, July 9 (Bernama) -- Malaysia’s economy is expected to remain robust, fortified by massive incoming investments in data centres and digital infrastructure, said Small and Medium Enterprises Association of Malaysia (SAMENTA).
KUALA LUMPUR, July 7 (Bernama) -- The government will continue to ensure there are secure and sufficient levels of petroleum from July 2026 to December 2026, according to the Economy Ministry.
By Siti Radziah Hamzah
KUALA LUMPUR, July 7 (Bernama) -- Asia Pacific (APAC) offshore spending remains broadly stable post-West Asia conflict, with Southeast Asia (SEA) estimated to see a 12 per cent increase in greenfield capital expenditure (capex) to more than US$100 billion (US$1 = RM4.08), reflecting stronger prioritisation of new offshore developments, said Hong Leong Investment Bank Bhd (HLIB) today.
KUALA LUMPUR, July 2 (Bernama) -- Reservoir Link Energy Bhd's 60 per cent-owned subsidiary, Reservoir Link Solutions Sdn Bhd (RLS), has secured a five-year appointment from Petroliam Nasional Bhd (Petronas) as a panel contractor.
By Abdul Hamid A Rahman
KUALA LUMPUR, July 1 (Bernama) -- HSBC Private Bank and Premier Wealth has set a year-end target of 1,850 points for the FTSE Bursa Malaysia KLCI (FBM KLCI), implying about 10 per cent upside from current levels.
KUALA LUMPUR, July 1 (Bernama) -- The government is expected to bear almost RM40 billion in petroleum product subsidies this year as a result of the increase in global oil prices following the West Asia conflicts, according to the Ministry of Finance (MOF).
BANGI, June 30 (Bernama) -- The Malaysian Palm Oil Board (MPOB) expects the average price of crude palm oil (CPO) to remain strong at between RM4,000 and RM4,300 per tonne this year, supported by current global petroleum prices.
KUCHING, June 29 (Bernama) -- The nationwide implementation of the BUDI MADANI Diesel (BUDI Diesel) subsidy programme, which begins on July 1, is seen as an important step towards strengthening the targeted subsidy mechanism and reducing leakages.
KUALA LUMPUR, June 25 (Bernama) -- Fuel supplies across the nationwide network of Petronas petrol stations are expected to remain stable and sufficient until August, said Minister in the Prime Minister's Department (Law and Institutional Reform), Datuk Seri Azalina Othman Said.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, June 25 (Bernama) -- Falling crude oil prices are expected to ease inflationary pressures in Malaysia and globally, reducing concerns that central banks may need to keep interest rates higher for longer, economists said.
By Siti Radziah Hamzah
KUALA LUMPUR, June 25 (Bernama) -- Petroliam Nasional Bhd's (Petronas) expanding role in Turkmenistan has emerged as a key pillar of renewed Malaysia-Turkmenistan relations, following Prime Minister Datuk Seri Anwar Ibrahim's recent official visit to the Central Asian nation, with the national oil and gas company’s long-standing presence continuing to open new avenues for energy cooperation, economic growth and broader bilateral collaboration.
KUALA LUMPUR, June 23 (Bernama) -- Malaysia is always open to strengthening strategic cooperation with the United Arab Emirates (UAE) in various high-potential economic sectors including the petroleum and gas, petrochemical and logistics industries to drive trade, investment and the development of high-value industries.
