Malaysia’s producer price index rises 1.4% in May 2024 – DoSM
KUALA LUMPUR: Malaysia’s Producer Price Index (PPI), which measures the price changes of goods at the producer level, increased by 1.4…
Oil eases as stock build raises spectre of slower US demand
SINGAPORE: Oil prices dipped on Thursday as a surprise build in U.S. stockpiles fuelled fears about slow demand from the…
Fitch maintains Malaysia’s sovereign credit rating at BBB+ with ‘stable’ outlook
KUALA LUMPUR: Fitch Ratings (Fitch) has maintained Malaysia’s sovereign credit ratings at BBB+ with a ‘stable’ outlook, underpinned by a…
Bursa Malaysia closes in red; YNH plummets 18.18%
KUALA LUMPUR: Bursa Malaysia closed in the red on Thursday as investors stayed cautious due to a lack of local…
Kim Loong targets 5% FFB production increase, plans 1,000 hectares replanting
KUALA LUMPUR: Kim Loong Resources Bhd aims to achieve at least 5% higher fresh fruit bunches (FFB) production for the…
ENERtec Asia 2024 drives regional push for sustainable energy future
KUALA LUMPUR: ENERtec Asia 2024, a three-day conference commencing today, aims to foster collaboration and knowledge exchange to address escalating…
Sapura Energy 1Q25 net profit drops 43.8% to RM82.1mil
KUALA LUMPUR: Sapura Energy Bhd’s net profit fell 43.8% to RM82.1mil in the first quarter ended April 30 (1Q25), compared…
PETRONAS awards NBE cluster PSC to Vestigo for DRO cluster in Sabah
KOTA KINABALU: PETRONAS has inked a small field asset (SFA) production-sharing contract (PSC) with Vestigo Petroleum Sdn Bhd for a…
Air Selangor records revenue of RM2.82bil in 2023
KUALA LUMPUR: Pengurusan Air Selangor Sdn Bhd (Air Selangor) recorded revenue of RM2.82 billion in 2023, an increase of 15.1…