Petronas Not Exiting Canada, Says Group CEO

KUALA LUMPUR, June 5 (Bernama) -- Petroliam Nasional Bhd (Petronas) has reiterated that the company is not exiting Canada.

Petronas Ramps Up LNG Projects To Secure Long-Term Supply For China

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.

MyCC Seeks Public, Stakeholders Feedback On Proposed VSA Block Exemption

KUALA LUMPUR, May 27 (Bernama) -- The Malaysia Competition Commission (MyCC) has invited all interested stakeholders and the public to provide their feedback on the proposed block exemption application for vessel sharing agreements (VSAs), as outlined in its consultation document.

BIMP-EAGA Summit A Vital Avenue to Deal With Global Challenges -- MinDA Secretary

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, May 27 (Bernama) -- The Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) Summit serves as a vital and resilient platform for the four participating Southeast Asian countries to confront global challenges, particularly in the face of the United States tariff chaos.

BIMP-EAGA Fuels Trade, Investment And Energy Growth – Marcos Jr

By Karina Imran & Anas Abu Hassan 

KUALA LUMPUR, May 27 (Bernama) -- The joint initiatives under the Brunei Darussalam–Indonesia–Malaysia–Philippines East ASEAN Growth Area (BIMP-EAGA) have played a vital role in narrowing the development gap within the sub-region. 

Maritime Chain Crucial To ASEAN-GCC-China Economic Ties

By Harizah Hanim Mohamed

KUALA LUMPUR, May 25 (Bernama) – A maritime value chain that facilitates shipping connectivity and secures sea lanes, along with the ability to counter disruptions, is vital for ASEAN, the Gulf Cooperation Council (GCC) countries and China in their quest to consolidate tripartite economic cooperation and integration.

ASEAN Summit To Potentially Unlock RM300 Bln FDIs For Malaysia - Juwai IQI

KUALA LUMPUR, May 22 (Bernama) -- The ASEAN Summit will be a platform to integrate regional economies and promote trade through potential agreements with an estimated RM300 billion in foreign direct investment (FDI) in the next five years, according to Juwai IQI.

HLIB Optimistic On Malaysia's RE Sector, Retains 'Overweight' Call

KUALA LUMPUR, May 15 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) is optimistic about Malaysia’s renewable energy (RE) sector due to its strong structural themes and positive earnings growth cycle, maintaining its ‘overweight’ call on the industry.

2025 Container Growth Forecast At 2.5 Pct, 'Hold' Rating On Westports - CIMB Securities

KUALA LUMPUR, May 13 (Bernama) -- CIMB Securities Sdn Bhd has maintained a 2025 growth forecast of 2.5 per cent for container throughput, underpinned by new services from shipping alliances, and potential front-loading activities during the 90-day tariff pause.

Maritime Sector Not Immune To Tariff War, With Small Firms Facing Potential Death Blow

By Harizah Hanim Mohamed

KUALA LUMPUR, May 11 (Bernama) -- Malaysia’s maritime sector, including its ports, is not immune to the fallout from the tariff war, which can potentially deal a death blow to small companies if the cost of shipping cargo increases exorbitantly.

RHB: US Tariffs Prompt Manufacturing Shift, Rushed Orders In Malaysia's Tech Sector

KUALA LUMPUR, April 24 (Bernama) -- Malaysia’s technology (tech) sector should benefit from a surge in rushed orders and the intensified reallocation of manufacturing activities to ASEAN following the United States (US) tariff imposition, said RHB Investment Bank Bhd.

Uni-Fuels Revenue Soars 119 Pct, Faces Profit Headwinds Post-IPO

KUALA LUMPUR, April 23 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels), a global marine fuel solutions provider, posted a 119 per cent surge in revenue for 2024, reaching US$155.2 million from US$70.8 million in 2023, driven by a 121 per cent jump in marine fuel sales. (US$1=RM4.38)