1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- IOI Corp Bhd’s operating profit remains stable amid the uncertainty in the downstream sub-segment, driven by the low cost of production among its peers, circa RM2,300-RM2,600 per tonne, MIDF Amanah Investment Bank Bhd said.
1y ago
KUALA LUMPUR, Nov 22 (Bernama) -- Investment in oil and gas exploration has plummeted two-thirds in the last decade, but according to Wood Mackenzie's latest Horizons report, the sector remains crucial for decarbonisation and providing advantaged barrels in the energy transition.
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 Zairina Zainudin
KUALA LUMPUR, Nov 10 (Bernama) -- Malaysia's ambitious goal of achieving net-zero emissions by 2050 reflects a commitment not only to global climate targets but also to sustainable development and economic resilience.
1y ago
KUALA LUMPUR, Nov 6 (Bernama) -- The government is adopting a pragmatic approach in planning the country’s economic development, said Economic Minister Mohd Rafizi Ramli.
1y ago
KUALA LUMPUR, Oct 21 (Bernama) -- The adjustments in export tax under Budget 2025 will help the palm oil refining industry be more competitive, compared with Indonesia, according to Glenauk Economics.
1y ago
KUALA LUMPUR, Oct 9 (Bernama) -- Petron Malaysia Refining and Marketing Bhd's (Petron Malaysia) refinery at Port Dickson, Negeri Sembilan, will undergo a maintenance shutdown for eight weeks to facilitate repairs to its furnaces.
1y ago
By Puti Iylia Maisarah
KUALA LUMPUR, Sept 20 (Bernama) -- Taobao has made a major commitment to the Malaysian e-commerce market by launching a beta English interface aimed at improving accessibility and convenience for consumers, focused on localising its features.
1y ago
KUALA LUMPUR, Sept 13 (Bernama) -- Proton New Energy Technology Sdn Bhd (PRO-NET) has launched an extensive local testing phase for the national car maker’s maiden electric vehicle (EV), the Proton e.MAS 7.