Category: Business

National Audit Department To Audit 2,000 GLCs Next Year

KUALA LUMPUR, The National Audit Department (NAD) will be auditing 2,000 government-linked companies (GLCs) beginning next year in an effort to create a new era of enhanced governance in Malaysia, said Auditor-General Datuk Wan Suraya Wan Mohd Radzi….

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Petronas Secures Third OandG Concession In Abu Dhabi

KUALA LUMPUR, Petroliam Nasional Bhd’s (Petronas) wholly owned unit, Petronas Abu Dhabi Sdn Bhd, has been granted a new oil and gas exploration concession in Onshore Block 2 by the Supreme Council for Financial and Economic Affairs (SCFEA).

Under

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KLIBOR Futures Likely To Remain Muted Next Week

KUALA LUMPUR, The three-month Kuala Lumpur Interbank Offered Rate (KLIBOR) futures contract on Bursa Malaysia Derivatives is likely to stay muted next week.

The contracts were untraded during the week just ended, with both volume and open interest r…

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CPO Futures Likely To Trade Sideways Next Week

KUALA LUMPUR, The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade sideways next week, as traders are searching for market factors due to the coming Golden Week holidays in China, a dealer said.

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