Petronas Keeps Mum On News Of Its Possible Exit From Argentina

KUALA LUMPUR, March 14 (Bernama) -- Petroliam Nasional Bhd (Petronas) neither denied nor confirmed news that it is evaluating a sale of its shale oil asset in Argentina, but said that it continuously reviews its business portfolio in all countries where it has investments.

Reezal Merican’s Term As MATRADE Chairman Extended For Two Years

KUALA LUMPUR, March 14 (Bernama) -- Datuk Seri Reezal Merican Naina Merican will remain chairman of the Malaysia External Trade Development Corporation (MATRADE) for another two years, starting April 18, 2025.  

Maintenance Fees: The Hard Truth - JMBs And MCs Lack Expertise, Residents Neglect Responsibility

By Abdul Hamid A Rahman

This is the conclusion of a three-part series on maintenance fee collection in strata properties. It examines enforcement challenges under the Strata Management Act 2013 (Act 757), the role of JMBs and MCs and the responsibilities of owners and tenants. 

Investment In Sapura Energy By MDH To Repay Local Vendors - PNB

KUALA LUMPUR, March 12 (Bernama) -- The investment by Malaysia Development Holding Sdn Bhd (MDH) in Sapura Energy Bhd (SEB) will be exclusively used to repay local vendors, without benefitting any existing SEB shareholders or financial creditors, said Permodalan Nasional Bhd (PNB).

Maintenance Fees: A Snowball That Can Trigger An Avalanche

KUALA LUMPUR, March 12 (Bernama) -- The issue of unpaid maintenance fees is a snowballing crisis, that, if unaddressed, can escalate into a major threat to property value and living conditions.

Maintenance Fee Arrears: Should We Be Concerned?

By Abdul Hamid A. Rahman

KUALA LUMPUR, March 11 (Bernama) -- Unpaid maintenance fees in strata developments have reached worrying levels, with arrears estimated in the hundreds of millions — and potentially billions, if unaddressed.

Penang Business Events Industry Garners RM1.29 Bln In 2024 - Chow

BAYAN LEPAS, March 10 (Bernama) -- The business events industry in Penang achieved an estimated economic impact (EEI) of RM1.29 billion last year, marking a 24.8 per cent increase from 2023.

Capitation Grant Rate To Be Raised 25 Pct To RM548 Mln Effective 2026 - PM Anwar

PUTRAJAYA, March 9 (Bernama) -- The rate of capitation grant distributed to state governments will be increased by 25 per cent, or RM109 million, to RM548 million effective from 2026.

Delay Proposed 30 Pct Port Tariff Hikes -- FMM

By Harizah Hanim Mohamed

KUALA LUMPUR, March 8 (Bernama) – The Federation of Malaysian Manufacturers (FMM) has called on the government to postpone the implementation of the proposed 30 per cent rise in port tariffs, particularly for container handling and storage, as it will have major implications on cost of doing business for manufacturers and shippers.

Economic And Labour Market Reforms Strengthen Country's Foundations - Ministry

KUALA LUMPUR, March 6 (Bernama) --  The government is confident that efforts to reform the economy and labour market will strengthen the country’s economic foundations and ensure a dynamic, inclusive, and competitive labour market, according to the Ministry of Economy.

Capitation Grant Rate To Be Raised 25 Pct To RM548 Mln Effective 2026 -- PM Anwar

PUTRAJAYA, March 6 (Bernama) -- The rate of capitation grant distributed to state governments will be increased by 25 per cent, or RM109 million, to RM548 million effective from 2026.

OPR Aligns With Malaysia's Economic Prospects — BNM Governor

KUALA LUMPUR, March 6 (Bernama) -- The following is an interview with Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour following March’s Monetary Policy Committee meeting: