7m ago
From Kisho Kumari Sucedaram
BEIJING, June 2 (Bernama) -- Petroliam Nasional Bhd (Petronas) is accelerating efforts to strengthen its position as a reliable long-term liquefied natural gas (LNG) partner to China by expanding domestic gas development and its global production portfolio, aimed at ensuring consistent and sustainable energy supply for one of the world’s largest LNG importers.
7m ago
KUALA LUMPUR, May 29 (Bernama) -- Ekuiti Nasional Bhd’s (Ekuinas) cumulative committed direct investment rose to RM4.9 billion in financial year 2024 (FY2024) from RM4.5 billion a year ago, with total economic capital deployed is RM5.6 billion.
7m ago
KUALA LUMPUR, May 29 (Bernama) -- MISC Bhd’s shares fell in early trade after its net profit for the first quarter ended March 31, 2025 (1Q FY2025) dropped year-on-year on the back of lower revenue for the quarter.
7m ago
KUALA LUMPUR, May 28 (Bernama) -- The 2025 Global Business Complexity Index (GBCI) revealed that while regulatory complexity remains a challenge in certain regions, it is growing geopolitical and economic uncertainty that now poses the greatest threat to international business operations.
7m ago
KUCHING, May 28 (Bernama) -- Petroliam Nasional Bhd (Petronas) has invested RM25 billion in Sarawak last year, said Sarawak Deputy Premier Datuk Amar Awang Tengah Ali Hasan.
7m ago
KUALA LUMPUR, May 27 (Bernama) -- Shin Yang Group Bhd’s (Shin Yang) wholly-owned subsidiary, Shin Yang Shipyard Sdn Bhd, has received a Letter of Intent (LOI) from the Ministry of Home Affairs to appoint as a contractor for works on offshore patrol vessels (OPVs).
7m ago
KUALA LUMPUR, May 27 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, has been selected as a key technology partner by Tampnet, a global leader in offshore high-capacity connectivity, low-latency connectivity and network services.
7m ago
KUALA LUMPUR, May 26 (Bernama) -- Over the past decade, Saudi Arabia’s Capital Market Authority (CMA) has steadily opened its financial markets to global investors, attracting foreign holdings of nearly 423 billion Saudi riyals by the end of 2024. (100 Saudi riyals = RM112.50)
7m ago
KUALA LUMPUR, May 26 (Bernama) -- In a landmark move for regional energy cooperation, leading energy companies from Malaysia, Singapore, and Vietnam have signed a joint development agreement to explore the export of renewable electricity from Vietnam to Malaysia and Singapore.
7m ago
By Siti Radziah Hamzah
KUALA LUMPUR, May 23 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) snapped a six-day losing streak to close the week higher as bargain-hunting emerged due to improved risk sentiment.
7m ago
By Zarul Effendi Razali
LANGKAWI, May 23 (Bernama) -- Russian Helicopters, a subsidiary of defence conglomerate Rostec, is aiming to expand its presence in the Southeast Asian (SEA) market by showcasing its latest aircraft at the Langkawi International Maritime and Aerospace Exhibition (LIMA) 2025.
7m ago
KUALA LUMPUR, May 23 (Bernama) -- Bursa Malaysia opened higher on Friday despite a muted Wall Street performance overnight.