2d ago
KUALA LUMPUR, Sept 24 (Bernama) -- RHB Investment Bank (RHB IB) has maintained its 'overweight' call on Malaysia’s oil and gas (O&G) sector, with Petroliam Nasional Bhd’s (Petronas) continued growth in upstream investments reinforcing its positive outlook.
3d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia closed lower on Wednesday, weighed down by profit-taking in selected heavyweights and weaker sentiment towards petrochemical stocks as oil prices continued to slide, said an analyst.
15d ago
From Saraswathi Muniappan
NEW DELHI, Sept 10 (Bernama) -- Malaysia and India’s investment ties continue to gain momentum, with Malaysia having approved 293 manufacturing projects with Indian participation worth US$2.95 billion (RM10.16 billion) as of June 2026, Malaysia’s Chargé d'Affaires, Deputy High Commissioner, Sharifah Ezneeda Wafa, said.
29d ago
KUALA LUMPUR, Aug 28 (Bernama) -- For the first half of the financial year ended June 30, 2026 (1H 2026), Petroliam Nasional Bhd (Petronas) recorded modest net profit and revenue that reflected disciplined execution, operational reliability and commercial excellence amid a challenging macro environment.
1m ago
KUALA LUMPUR, Aug 20 (Bernama) -- Petronas Chemicals Group Bhd's (PCG) share price slid 2.66 per cent in early trade on Thursday, despite announcing a higher net profit in the second quarter ended June 30, 2026 (2Q 2026), yesterday.
1m ago
KUALA LUMPUR, Aug 19 (Bernama) -- Lotte Chemical Titan Holding Bhd today clarified that its South Korean parent company, Lotte Chemical Corporation (LCC), is considering various strategic measures concerning the company, with no decision made thus far.
1m ago
KUALA LUMPUR, Aug 19 (Bernama) -- Petronas Chemicals Group Bhd's (PCG) net profit surged to RM414 million in the second quarter ended June 30, 2026 (2Q FY2026) from a net loss of RM1.08 billion in the same quarter a year earlier.
1m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Aug 12 (Bernama) -- Bursa Malaysia ended at its intraday high on Wednesday, buoyed by buying interest in utilities and petrochemical stocks amid elevated crude oil prices.
1m ago
KUALA LUMPUR, July 30 (Bernama) -- PSP Energy Bhd’s (PSP Energy) wholly owned subsidiary, PSP Lubricants (M) Sdn Bhd (PSP Lubricants), has been appointed by Sinopec Lubricant Co Ltd (Sinopec) as its authorised distributor for Perak, Kelantan, Terengganu and Pahang.
2m ago
KUALA LUMPUR, July 23 (Bernama) -- Petronas Chemicals Group Bhd’s share price rose 1.69 per cent to RM4.80, on stronger potential quarter-on-quarter (q-o-q) earnings in 2Q FY2026, mainly driven by the fertiliser and methanol segment.
2m ago
SIBU, July 22 (Bernama) -- Sarawak Premier Tan Sri Abang Johari Tun Openg today announced that Petroleum Sarawak Bhd (Petros) has achieved first oil at the Adong Kechil West (AKW) field near Marudi, marking the return of onshore oil production in Sarawak after more than 50 years.
2m ago
KUALA LUMPUR, July 18 (Bernama) -- The Kuala Lumpur rubber market is expected to trade quietly next week, with demand likely to be supported mainly by replenishment buying amid weather-related supply uncertainties.