Petronas Signs Production Sharing Contract For Suriname's Block 66

KUALA LUMPUR, June 18 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) subsidiary, Petronas Suriname E&P BV has inked a production sharing contract (PSC) with Staatsolie Maatschappij Suriname NV and its wholly-owned subsidiary, Paradise Oil Company NV (POC) for Block 66 offshore Suriname.

Auto Sales To Cool In 2025 After Record High In 2024, Says HLIB

KUALA LUMPUR, May 21 (Bernama) -- Hong Leong Investment Bank (HLIB) expects the automotive sector’s total industry volume (TIV) for 2025 to normalise down to the 750,000-unit level, after achieving a record high of 816,700 units in 2024.

Malaysia's Automotive Sector TIV Falls 16.8 Pct In April To 60,527 Units - MAA

KUALA LUMPUR, May 19 (Bernama) -- Malaysia’s automotive sector total industry volume (TIV) fell 16.8 per cent to 60,527 units in April compared to March, according to the Malaysian Automotive Association (MAA) 

Automotive Sector TIV Rises 12 Pct To 72,704 Units In March 2025

KUALA LUMPUR, April 22 (Bernama) -- The Malaysian Automotive Association (MAA) reported that the automotive sector’s total industry volume (TIV) rose by 12 per cent month-on-month in March 2025 to  72,704 units compared to 65,061 units in February.

Automotive Sector TIV Rises 31 Pct To 63,906 Units In February -- MAA

KUALA LUMPUR, March 19 (Bernama) -- The automotive total industry volume (TIV) recovered in February, increasing 31 per cent month-on-month to 63,906 units compared to 48,732 units in January, the Malaysian Automotive Association (MAA) reported.

LyondellBasell, Covestro Announce Permanent Closure Of Maasvlakte PO11 Unit

KUALA LUMPUR, March 19 (Bernama) -- LyondellBasell (LYB) and Covestro have jointly decided to permanently close the Propylene Oxide Styrene and Monomer (POSM) production unit (PO11) at the Maasvlakte site in the Netherlands.

TIV For Automotive Sector Down 40 Pct To 48,875 Units In January 2025 - MAA

KUALA LUMPUR, Feb 27 (Bernama) -- The total industry volume (TIV) in January 2025 declined by 40 per cent to 48,732 units compared with 81,735 units in December 2024, according to the Malaysian Automotive Association (MAA).

Hong Leong Asset Declares RM241 Mln income Distribution For 7 Funds 

KUALA LUMPUR, Feb 18 (Bernama) -- Hong Leong Asset Management Bhd (HLAM) has declared income distribution worth RM241 million for seven funds for the Jan 1 - Dec 31, 2024 period.

Petronas Unit Monitoring Low Production Of Oil And Gas In Peninsular Malaysia

By Siti Radziah Hamzah

KUALA LUMPUR, Feb 17 (Bernama) -- Petroliam Nasional Bhd's (Petronas) wholly-owned subsidiary Petronas Energy & Gas Trading (PEGT) is closely monitoring the low oil and gas production in Peninsular Malaysia and proactively collaborating with stakeholders to ensure a continued and stable gas supply in the country. 

Turkiye Aims To Double Trade With Malaysia To US$10 Bln As Economic Ties Deepen

PUTRAJAYA, Feb 10 (Bernama) -- Turkiye aims to double its trade with Malaysia to US$10 billion after surpassing the US$5 billion mark in 2024, President Recep Tayyip Erdogan announced today.

MAA, MARii Forge Partnership On Automotive Exhibitions

KUALA LUMPUR, Jan 21 (Bernama) -- The Malaysian Automotive Association (MAA) has signed a memorandum of understanding (MoU) with the Malaysia Automotive Robotics and IoT Institute (MARii) to collaborate on organising automotive exhibitions and motor shows on an alternate-year basis.

Malaysia's Auto Industry Hits Record 816,747 Units In 2024

KUALA LUMPUR, Jan 21 (Bernama) -- Malaysia’s automotive industry achieved a record Total Industry Volume (TIV) of 816,747 units in 2024, surpassing the 800,000-unit mark for the first time.