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WEF Report: 65 Pct Of Countries Improve Energy Transition Performance

KUALA LUMPUR, June 18 (Bernama) -- The World Economic Forum (WEF) 2025 Energy Transition Index showed the fastest progress since pre-COVID-19, with 65 per cent of surveyed countries improving and 28 per cent advancing across all core dimensions of energy system performance -- security, sustainability and equity.

Fiscal Reform To Balance Fiscal Sustainability, Social Equity - Treasury Sec-Gen

KUALA LUMPUR, June 18 (Bernama) -- The government’s fiscal reform initiatives, including expanding the Sales and Services Tax (SST) scope and rationalising electricity and diesel subsidies, are aimed at ensuring fiscal sustainability while protecting lower-income groups and essential sectors.

ConocoPhillips Eyes Investment In Sabah, Reaffirms Commitment To Malaysia

KUALA LUMPUR, June 18 (Bernama) -- United States oil giant ConocoPhillips has set its sights on potential investments in Sabah while reaffirming its long-term commitment to Malaysia.

BNM Plans To Make Financial Education Network Proaktif Mandatory For Youth

KUALA LUMPUR, June 17 (Bernama) -- Bank Negara Malaysia (BNM) plans to make its money literacy programme, called Financial Education Network (FEN) Proaktif, mandatory for the youth.

Petronas, Italy’s Eni Ink JV Framework To Explore Regional Upstream Collaboration

KUALA LUMPUR, June 17 (Bernama) -- Petroliam Nasional Berhad (Petronas) has entered into a joint venture framework agreement (JVFA) with Italian energy company Eni to further discussions and evaluations aimed at creating a regional upstream joint venture (JV) company. 

MPOC: Palm Oil Output Hits Highest May Level Since 2015 Amid Favourable Weather

KUALA LUMPUR, June 17 (Bernama) -- Malaysia’s palm oil production rose 5.05 per cent month-on-month in May to 1.77 million tonnes, marking the highest output recorded for the month since 2015, according to the Malaysian Palm Oil Council (MPOC).

Malaysia’s Impressive WCR 2025 Leap Proves Success Of MADANI Govt's Reforms -- PM Anwar

KUALA LUMPUR, June 17 (Bernama) -- Malaysia’s remarkable rise in the World Competitiveness Ranking (WCR) 2025 is clear evidence that the reforms implemented by the MADANI government are yielding positive results, said Prime Minister Datuk Seri Anwar Ibrahim.

Perma-Pipe Q1 Net Income Surges 243 Pct To US$5 Mln

KUALA LUMPUR, June 16 (Bernama) -- Perma-Pipe International Holdings Inc reported a record net income of US$5.0 million for the first quarter (Q1) ended April 30, 2025, marking a 243 per cent increase from US$1.4 million in the same period last year. (US$1=RM4.23)

Taiwan’s Non-life Premiums Rise On Improved Underwriting Practices - AM Best

KUALA LUMPUR, June 16 (Bernama) -- Global credit rating agency, AM Best in its new report, has unveiled that Taiwan’s domestic non-life insurance premium continued to increase in 2024, growing 10.5 per cent to reach TWD 278.5 billion (US$9.2 billion). (US$1=RM4.23)

Global Oil Prices Surge Amid Escalating Conflict Around Strait Of Hormuz -- Petronas

KUALA LUMPUR, June 16 (Bernama) -- Global oil prices are surging in anticipation of a supply shock due to the escalating conflict around the Strait of Hormuz, according to Petroliam Nasional Bhd (Petronas).

Kao Unveils Integrated Report 2025, Highlights ‘K27’ Progress And ROIC Gains

KUALA LUMPUR, June 13 (Bernama) -- Kao Corporation has published the Kao Integrated Report 2025 on its website, providing shareholders, investors, and stakeholders with a comprehensive overview of its initiatives and strategic direction.

EXIM Bank Strengthens Central Asian Ties, Benefits Malaysian Businesses And Regional Partners

KUALA LUMPUR, June 13 (Bernama) -- The Export-Import Bank of Malaysia Bhd (EXIM Bank) will focus on strengthening Central Asian ties through strategic engagements to benefit Malaysian businesses and regional partners.