1y ago
PETALING JAYA, Nov 27 (Bernama) -- The Ministry of Science, Technology, and Innovation (MOSTI) aims to produce two million tons of hydrogen annually, scaling up to 16 million tons by 2050 in an Emission Driven Scenario (EDS) under the Economy and Technology Roadmap (HETR).
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- Malaysia’s Producer Price Index, which measures the price changes of goods at the producer level, fell by 2.4 per cent in October 2024, said the Department of Statistics Malaysia (DOSM).
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Nov 26 (Bernama) -- Hibiscus Petroleum Bhd's acquisition of TotalEnergies in Brunei will start to contribute to its earnings from the financial year ending June 30, 2025 (FY2025), said managing director Dr Kenneth Pereira.
1y ago
KUALA LUMPUR, Nov 25 (Bernama) -- Petronas Dagangan Bhd (PetDag) almost doubled its net profit in the third quarter ended Sept 30, 2024 (3Q24) to RM335.13 million against RM184.72 million in the same period of 2023, thanks to strong margins negated by elevated operating expenditure in line with increased activities.
1y ago
KUCHING, Nov 25 (Bernama) -- Sarawak is making significant progress in carbon capture, utilisation and storage (CCUS) to position the state as the CCUS heartland for the Asia Pacific region, said Sarawak Premier Tan Sri Abang Johari Tun Openg.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Nov 23 (Bernama) -- The local rubber market is expected to trade sideways with a slight upward bias due to the Northeast Monsoon, which can last for several months, said industry expert Denis Low.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- Petron Malaysia Refining and Marketing Bhd’s net profit fell to RM4.63 million in the third quarter (3Q) ended Sept 30, 2024, from RM81.90 million a year earlier amid a downward trend in oil prices.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 21 (Bernama) -- Bursa Malaysia ended at its intraday low today, following a downturn in regional markets.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- Petronas and other stakeholders in Southeast Asia’s energy sector have declared that the sector can play a leading role in the region’s decarbonisation efforts by focusing on reducing methane emissions.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 21 (Bernama) -- Bursa Malaysia’s key index turned higher at midday, in tandem with regional market trends and ongoing buying in selected heavyweights, particularly in the industrial products and services, as well as the financial services sectors.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- Malaysian businesses are encouraged to explore investment opportunities in Kenya, especially in the agriculture sector, which requires smart farming techniques and industrialised know-how, as well as in the halal industry.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- Bursa Malaysia’s key index opened lower today amid Wall Street’s mixed performance overnight while US futures were marginally lower following Nvidia’s announcement which showed that its revenue forecast fell short of expectations, suggesting that its rapid growth may be nearing its limits.