Malaysia’s terms of trade, which measures the country’s export prices relative to import prices, rose 1.3 per cent month-on-month to 116.3 points in June 2024, driven by higher mineral fuel prices, according to the Department of Statistics Malaysia (…
Penang, Johor, Selangor, Sarawak and Kuala Lumpur has dominated Malaysia’s exports accounting for 82.9 per cent of the total in June 2024, said chief statistician Datuk Seri Dr Mohd Uzir Mahidin.
He said exports increased by RM2.1 billion or
Petroliam Nasional Bhd (Petronas) has signed production sharing contracts (PSCs) for three clusters of discovered resource opportunities (DRO) under the Malaysia bid round plus (MBR+) round one.
These clusters are situated offshore Peninsular Malays…
Kucingko Bhd made a striking debut on Bursa Malaysia’s ACE Market on Friday, opening at 80.5 sen — an impressive 168.33 per cent premium over its initial public offering (IPO) price of 30 sen.
The company also announced plans
Hibiscus Petroleum Bhd’s indirect wholly owned subsidiary Hibiscus Oil and Gas Malaysia Ltd (HML) has been awarded a 65 per cent participating interest and operatorship in a production sharing contract by Petronas.
In a filing with Bursa Malaysia …
Petroliam Nasional Bhd (Petronas), Enilive S.p.A and Euglena Co Ltd will jointly develop a biorefinery within the Pengerang Integrated Complex (PIC), to be operational by the second half of 2028 (2H 2028).
A joint venture company will be established…
KUALA LUMPUR, The Ministry of Science, Technology and Innovation (MOSTI) via its local startup agency Cradle Fund Sdn Bhd will be leading the ASEAN Startup Initiative under the science, technology and innovation (STI) sector.
The ASEAN Startup Initia…
PETALING JAYA, Prime Minister Datuk Seri Anwar Ibrahim today announced a RM1 million donation to the National Chamber of Commerce and Industry of Malaysia (NCCIM) in recognition of its support for the government’s efforts to encourage domestic and int…
KUALA LUMPUR, Kenanga Investment Bank Bhd believes IOI Properties Group Bhd’s acquisition of the loss-making Tropicana Gardens Mall from Tropicana Indah Sdn Bhd is an opportunity for the property developer.
The investment bank said IOI Properties is …
KUALA LUMPUR, Headline inflation is projected to average between 2.0 per cent and 3.5 per cent in 2024, while core inflation is anticipated to remain within the 2.0 per cent to 3.0 per cent year-on-year (y-o-y) range, said Public Investment