AI Uncovers Trillion-Barrel Potential In Existing Oil Fields, Says Wood Mackenzie

KUALA LUMPUR, Sept 19 (Bernama) -- Existing oilfields could supply up to one trillion barrels of crude through 2050 without major new discoveries, according to analysis by energy consultancy Wood Mackenzie.

Wood Mackenzie Senio

AM Best Affirms Top Ratings For Samsung Fire & Marine Insurance, Subsidiaries

KUALA LUMPUR, Sept 19 (Bernama) -- AM Best has affirmed the financial strength rating (FSR) of A++ (Superior) and the long-term issuer credit ratings (Long-Term ICR) of “aa+” (Superior) of South Korea’s Samsung Fire & Marine Insurance Co Ltd (SFM) and its subsidiaries in the United Kingdom, Vietnam and Singapore.

Oil Prices To Benefit From US Fed Rate Cut -- Rystad Energy

KUALA LUMPUR, Sept 18 (Bernama) -- Oil prices are set to gain support from the United States (US) Federal Reserve’s (Fed) latest rate cut, which is expected to lift global demand sentiment, according to independent energy research company, Rystad Energy.

Natural Rubber Production Up 36.7 Pct In July - DOSM

KUALA LUMPUR, Sept 12 (Bernama) -- Natural rubber (NR) production increased by 36.7 per cent in July 2025 to 35,884 tonnes compared with 26,249 tonnes in June 2025, according to the Statistics Department (DOSM). 

Petronas Positions Gas At The Core Of Asia's Energy Transition

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 12 (Bernama) -- Petroliam Nasional Bhd (Petronas) is accelerating its transformation under Petronas 2.0, reshaping itself for the next decade and beyond. 

IILM Reissues US$960 Mln Short-term Sukuk

KUALA LUMPUR, Sept 11 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has completed the reissuance of an aggregate US$960 million (US$1=RM4.21) short-term sukuk across three different tenors of one, three, and six months.

AM Best Affirms Superior Ratings For Tokio Marine & Nichido Fire Insurance, Subsidiaries

KUALA LUMPUR, Sept 11 (Bernama) -- AM Best has affirmed the financial strength rating (FSR) of A++ (Superior) and the long-term issuer credit ratings (Long-Term ICRs) of “aa+” (Superior) of Japan’s Tokio Marine & Nichido Fire Insurance Co Ltd (TMNF) and its subsidiaries.

Johor On Track To Record RM2.5 Billion Revenue This Year

ISKANDAR PUTERI, Sept 11 (Bernama) -- Johor is on track to achieve a state revenue projection of RM2.5 billion this year, the highest in its history, surpassing previous peak figures of RM1.5 billion to RM1.7 billion recorded between 2015 and 2021.

Malaysia's July Manufacturing Sales 3.5 Pct Higher At RM162.5 Bln - DOSM

KUALA LUMPUR, Sept 11 (Bernama) -- Malaysia’s manufacturing sector sales value rose 3.5 per cent year-on-year (y-o-y) to RM162.5 billion in July 2025, according to the Department of Statistics, Malaysia (DOSM).

PMB Investment Declares 2.0 Sen Per Unit Distribution For Two Funds, Totalling Over RM11 Mln

KUALA LUMPUR, Sept 11 (Bernama) -- PMB Investment Bhd have declared both the PMB Shariah Premier Fund and PMB Shariah Equity Fund annual distributions of 2.0 sen per unit for the financial year ended Aug 31, 2025 and Aug 30, 2025 respectively, amounting to a total gross distribution of over RM11 million.

Vimeo Snapped Up By Bending Spoons In Nearly US$1.38 Bln All-cash Deal

KUALA LUMPUR, Sept 11 (Bernama) -- Vimeo Inc, a video platform for business, has entered into a definitive agreement to be acquired by Bending Spoons in an all-cash transaction valued at approximately US$1.38 billion. (US$1=RM4.20)

Kenanga, RHB Stay Neutral On Plantations As CPO Outlook Moderates

KUALA LUMPUR, Sept 11 (Bernama) -- Kenanga Investment Bank Bhd has maintained a 'neutral' call on the plantation sector, saying earnings are expected to stay robust into calendar year 2026 (CY26) but lacking strong upside catalysts.