Hibiscus Shares Rise After PSC, Gas Sales Agreement Extensions

KUALA LUMPUR, April 10 (Bernama) -- Hibiscus Petroleum Bhd’s share price rose in early trade today following the announcement that the Petroleum Malaysia Field Three (PM3) commercial arrangement area production sharing contract (PM3 CAA PSC) and upstream gas sales agreement (UGSA) will continue.

Hibiscus Petroleum’s Units Secure 20-year Extension For PM3 CAA Contract

KUALA LUMPUR, April 9 (Bernama) -- Hibiscus Petroleum Bhd’s indirect wholly-owned subsidiaries, Hibiscus Oil & Gas Malaysia Ltd. and Hibiscus Oil & Gas Malaysia Ltd. (HML PM3) have inked a key principles agreement with Petroliam Nasional Bhd (Petronas) and Vietnam Oil and Gas Group (PetroVietnam).

Steel Hawk Expects Sustained Strong Momentum In FY2025

By Siti Radziah Hamzah

KUALA LUMPUR, April 9 (Bernama) -- Oil and gas services provider Steel Hawk Bhd is expected to record double digit growth for its earnings and revenue in the financial year ending Dec 31, 2025 (FY2025), said executive director Datuk Sharman K. Michael.

Rubber Market Ends Mixed Amid Absence Of China Players

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, April 4 (Bernama) -- The Malaysian rubber market closed mixed on Friday in thin trading amid the absence of China players, a dealer said.

Petronas To Work With Authorities To Support Those Affected By Putra Heights Incident

KUALA LUMPUR, April 2 (Bernama) -- Petroliam Nasional Bhd (Petronas) has committed to working closely with relevant ministries and agencies to channel timely and meaningful support to the families impacted by the fire incident near Putra Heights, Puchong, Selangor.

Malaysia’s Producer Price Index Rises Modestly By 0.3 Pct In February 2025

KUALA LUMPUR, March 27 (Bernama) -- Malaysia’s Producer Price Index (PPI) for local production increased by 0.3 per cent year-on-year (y-o-y) in February 2025, easing from the 0.8 per cent rise recorded in January, according to the Department of Statistics Malaysia (DOSM).

BNM Remains Data-Driven In Assessing Inflation, Growth Outlook - Deputy Governor

KUALA LUMPUR, March 26 (Bernama) -- Bank Negara Malaysia (BNM) will continue to adopt a data-driven approach in evaluating the impact of economic developments on inflation and growth, said Deputy Governor Datuk Marzunisham Omar.

Dewan Rakyat And Dewan Negara Approve Two Economy-related Bills

KUALA LUMPUR, March 26 (Bernama) -- The First Meeting of the Fourth Session of the 15th Parliament, which concluded yesterday, saw the passing of two economy-related Bills within the 12-day session.​

Borong Ranks Second Fastest-Growing Company In Asia Pacific By Financial Times

KUALA LUMPUR, March 24 (Bernama) -- Borong, a local business-to-business technology e-procurement and e-marketplace company, has been ranked the second fastest-growing company in the Asia-Pacific region in the Financial Times High-Growth Companies Asia-Pacific 2025 list.

Dewan Negara Passes Supplementary Supply Bill (2024) 2025

KUALA LUMPUR, March 24 (Bernama) -- The Dewan Negara today passed the Supplementary Supply Bill (2024) 2025 authorising additional expenditure of RM20.19 billion from the Consolidated Fund for government services.

Public Investment Bank Lowers 2025 CPI Forecast To 2.4 Percent on Soft Start To The Year

KUALA LUMPUR, March 24 (Bernama) -- Public Investment Bank Bhd (PIVB) has lowered its 2025 full-year Consumer Price Index (CPI) forecast to 2.4 per cent from 3.0 per cent previously.

Lower Transportation, Regasification Tariffs Increase Competitiveness Of Gas Players -- MIDF Amanah

KUALA LUMPUR, March 21 (Bernama) -- MIDF Amanah Investment Bank Bhd said the reduced tariffs for transportation and regasification could increase the competitiveness of gas players, boosting export revenues and stimulating economic activity throughout the year.