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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. 

Petronas Eyes Seven CCS Sites, Seeks Partners For Carbon Storage Projects

KUALA LUMPUR, June 17 (Bernama) — Petroliam Nasional Bhd (Petronas) is seeking local and international partners across the carbon capture and storage (CCS) supply chain to strengthen its position in the segment, having identified up to seven potential CCS sites in Malaysia.

RON95 Subsidy Cut To Come First, Carbon Tax Expected In 2026 – Amir Hamzah

KUALA LUMPUR, June 17 (Bernama) -- The government will prioritise the rationalisation of RON95 petrol subsidy this year before introducing a carbon tax in 2026, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Anwar Praises EPF's Efforts In Enhancing Retirement Adequacy

KUALA LUMPUR, June 17 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has commended the Employees Provident Fund's (EPF) efforts in exploring new approaches to enhance Malaysian retirement adequacy. 

Malaysia Must Be Adaptive In Policies To Become High-income Economy - PM Anwar

KUALA LUMPUR, June 17 (Bernama) -- Malaysia must be adaptive in its policies, have strong institutions, and maintain a clear vision of its chosen direction to achieve its goal of becoming a high-income economy, said Prime Minister Datuk Seri Anwar Ibrahim. 

Malaysia Advances 11 Spots In World Competitiveness Ranking 2025

KUALA LUMPUR, June 17 (Bernama) -- Malaysia has jumped 11 spots in the World Competitiveness Ranking (WCR) 2025 to 23rd place -- its best ranking since 2020 -- reflecting the progressive momentum in the country’s economic recovery and reform agenda.

TNB Earmarks RM43 Bln To Upgrade National Grid With AI, Battery Storage Systems -- PM Anwar

KUALA LUMPUR, June 16 (Bernama) -- National utility company Tenaga Nasional Bhd has committed RM43 billion to upgrade the national grid infrastructure, said Prime Minister Datuk Seri Anwar Ibrahim.

ASEAN Power Grid's Enhanced MoU To Focus On Regulations, Technical Requirements -- Fadillah

KUALA LUMPUR, June 16 (Bernama) -- ASEAN Power Grid’s (APG) enhanced memorandum of understanding (MoU), projected to be finalised by the end of this year, will focus on standardising rules and regulations, aligning technical requirements and establishing a financial model.

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).

Batik Air Renews Iosa Certification; Reaffirms Dedication To Safety, Operational Excellence

KUALA LUMPUR, June 16 (Bernama) -- Batik Air has successfully renewed its International Air Transport Association (IATA) Operational Safety Audit (IOSA) certification, which is valid until June 3, 2027.

Azman Hashim: Scaling Challenges, Shaping Finance

By Karina Imran

KUALA LUMPUR, June 16 (Bernama) -- With over 60 years of experience in the banking industry, Tan Sri Azman Hashim stands not only as an icon of Malaysian finance but also as a remarkable businessman, passionate sportsman, avid singer and dedicated philanthropist.

SST Expansion A Strategic Window For Business Readiness, Says MAICCI Women’s Wing Head

KUALA LUMPUR, June 15 (Bernama) -- The expansion of the Sales and Service Tax (SST) beginning July 1, 2025, is seen as a timely and strategic move that provides businesses, particularly women-led enterprises, with the clarity and space to strengthen operations and build long-term resilience.