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Petronas Dividends Subject To Global Oil Market Performance - PM Anwar

PUTRAJAYA, Dec 17 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said Malaysia must accept the reality that the country can no longer be overly dependent on dividends from Petroliam Nasional Bhd (Petronas), as the national oil company operates as a commercial entity whose performance is closely tied to global oil prices.

PETRA Encourages Cooperatives To Participate In Solar Farm Development

KUALA LUMPUR, Dec 17 (Bernama) -- The Ministry of Energy Transition and Water Transformation (PETRA) is encouraging the participation of all parties, including cooperatives, in the development of solar farms and community solar programmes.

Sabah Exploring Ocean Thermal Energy Conversion, Conducting Implementation Study -- Hajiji

KOTA KINABALU, Dec 17 (Bernama) -- The Sabah government, through the Sabah Energy Commission (ECoS), has begun exploring renewable energy in the form of Ocean Thermal Energy Conversion (OTEC) and is currently conducting an implementation study along the state’s east coast, according to Chief Minister Datuk Seri Hajiji Noor.

Akmal Nasrullah Pledges To Strengthen Malaysia’s Economic Position

KUALA LUMPUR, Dec 17 (Bernama) -- The Ministry of Economy will explore every possible effort and option to ensure that Malaysia’s economy remains in the best possible position, despite facing challenging circumstances.

FMM Looks Forward To Policy Continuity, Stability Following New Cabinet Line-Up

KUALA LUMPUR, Dec 17 (Bernama) -- The Federation of Malaysian Manufacturers (FMM) looks forward to policy continuity and stability that provide businesses and investors with the confidence to plan and invest over the long term following the new Cabinet line-up announced yesterday.

Palm Oil Sector Holds Steady In 2025 As Golden Crop Spared From Debilitating US Tariffs

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 17 (Bernama) -- Malaysia’s palm oil sector heaved a huge sigh of relief after it was exempted from the 19 per cent import tariff imposed

Rubber Mixed, Lesser Commodities Cocoa And Pepper Remain Resilient In 2025

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 17 (Bernama) -- Malaysia’s rubber industry recorded a mixed performance this year, with output and exports, including external demand for gloves contracting, while the lesser commodities of cocoa and pepper bucked the trend by showing resilience.

Cabinet Reshuffle A Chance To 'Reignite' Madani Economy, Boost SME Competitiveness - SAMENTA

KUALA LUMPUR, Dec 16 (Bernama) -- The cabinet reshuffle presents an important opportunity to “reignite the MADANI Economy and strengthen policy execution, particularly in areas that directly affect businesses, investors, and workers,” according to the Small and Medium Enterprises Association Malaysia (SAMENTA).

Heavy Responsibility To Lead MITI Amid Challenging Global Economic Environment — Johari

KUALA LUMPUR, Dec 16 (Bernama) -- Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani has described his appointment to helm the Ministry of Investment, Trade and Industry (MITI) as a significant responsibility.

Ringgit Continues To Climb Against Greenback Ahead Of US NFP Data

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 16 (Bernama) -- The ringgit continued its upward momentum on Tuesday, closing against the greenback at the 4.08 level ahead of the release of US nonfarm payrolls (NFP) data later tonight.

BPMB Provides RM97.63 Mln Financing Facility To Johor's Coronade Properties

JOHOR BAHRU, Dec 16 (Bernama) -- Bank Pembangunan Malaysia Bhd (BPMB) today formalised a RM97.63 million Term Financing-i facility with Coronade Properties Sdn Bhd (CPSB) to fund public infrastructure works for Coronation Square, an integrated mixed-use development in Johor Bahru.

Johari Ghani Brings Extensive Corporate, Finance Experience As Investment, Trade And Industry Minister

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 16 (Bernama) -- Datuk Seri Johari Abdul Ghani, 61, the newly appointed Minister of Investment, Trade and Industry, is a seasoned politician who is expected to bring his extensive corporate and financial experience to his new portfolio.