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Maybank IB Raises 2025 TIV Forecast By Five Pct To 790,000 Units

KUALA LUMPUR, Feb 5 (Bernama) -- Maybank Investment Bank (Maybank IB) has raised its total industry volume (TIV) forecast for this year by five per cent to 790,000 units, up from its previous estimate of 750,000 units.

Petronas Clarifies SSGP Decommissioning Affects Only Sections In Sarawak

KUALA LUMPUR, Feb 3 (Bernama) -- Petroliam Nasional Bhd (Petronas) has clarified that the decommissioning of the Sabah-Sarawak Gas Pipeline (SSGP) will only affect the section that runs through Lawas, Limbang, Miri and Bintulu in Sarawak. 

OPEC+ To Bring Back 5.8 Mln Bpd Of Extra Crude Oil To Buffer Losses From Canada, Mexico

KUALA LUMPUR, Feb 3 (Bernama) -- There is room for the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) to bring back an average of 5.8 million barrels per day (bpd) of extra crude oil in the event of significant supply disruptions from Canada and Mexico, assuming a similar level of utilisation in the past, according to Rystad Energy.

BR Capital, KOPETRO Sign MoC To Expand Access To Fixed Income Investment

KUALA LUMPUR, Feb 3 (Bernama) -- Bursa Malaysia RAM Capital Sdn Bhd (BR Capital), a joint venture between Bursa Malaysia Bhd and RAM Holdings Bhd, has signed a memorandum of collaboration (MoC) with Koperasi Kakitangan Petronas Bhd (KOPETRO) to expand access to fixed income investments for KOPETRO members.

Bursa Malaysia Closes Lower Amid Heightened Risk Aversion

By Harizah Hanim Mohamed

KUALA LUMPUR, Feb 3 (Bernama) -- Bursa Malaysia finished easier on the first trading day of February as heightened risk aversion gripped the market following the United States (US) President Donald Trump’s administration's announcement of new tariffs.

Weststar-GAP Aviation Bags RM176 Mln Helicopter Transportation Contract In Timor-Leste

KUALA LUMPUR, Jan 31 (Bernama) -- Weststar-GAP Aviation LDA, a joint venture between Timor GAP-Timor Gas Petroleo, EP, and Weststar Aviation Timor, Unipessoal, LDA, has secured a helicopter transportation services contract with an Australian energy company Santos NA (19-12) Pty Ltd worth US$40 million or RM175.6 million.

Weststar GAP, Santos Partnership Strengthens Malaysia-Timor-Leste-Australia Business Ties -- Tengku Zafrul

KUALA LUMPUR, Jan 31 (Bernama) -- The partnership between Weststar GAP Ltd and globally recognised oil and gas leader Santos Australia is a testament to the strong potential for enhanced trade and business ties between Malaysia, Timor-Leste and Australia, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

Analysts Mixed On Oil And Gas After Petronas Releases Activity Outlook 2025-2027

KUALA LUMPUR, Jan 31 (Bernama) -- Analysts are divided in their outlook for Malaysia’s oil and gas (O&G) sector following the release of the Petronas Activity Outlook (PAO) 2025-2027, which forecasts a general reduction in upstream activities and a focus on maintenance services.

CIMB Securities Expects New Vehicle Sales To Fall 7 Pct To 760,000 Units In 2025

KUALA LUMPUR, Jan 31 (Bernama) -- The total industry volume (TIV) for new vehicle sales is expected to decline by seven per cent year-on-year to 760,000 units in 2025 from last year’s 816,674, said CIMB Securities Sdn Bhd.

Petronas Mulling Decommissioning Of Matured Assets, Including Sabah-Sarawak Gas Pipeline

KUALA LUMPUR, Jan 29 (Bernama) -- Petroliam Nasional Bhd (Petronas) is looking at decommissioning activities of matured assets in the country's upstream operations, including the Sabah-Sarawak Gas Pipeline (SSGP).

Malaysia's PPI Rises 0.5 Pct Year-on-Year In December 2024 - DOSM

KUALA LUMPUR, Jan 28 (Bernama) -- Malaysia's Producer Price Index (PPI) rose marginally by 0.5 per cent year-on-year in December 2024, compared to a 0.4 per cent decline in the previous month, according to the Department of Statistics Malaysia (DOSM).

Kenanga IB Maintains 805,000 TIV Forecast In 2025 On Forward Buying Interest

KUALA LUMPUR, Jan 28 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has maintained its 2025 total industry volume (TIV) forecast of 805,000 units for the automotive industry, supported by forward buying interest following the deferment of new excise duty regulations.