Petronas Conducts Operations Lawfully, Asserts President/Group CEO

KUALA LUMPUR, Petroliam Nasional Bhd (Petronas) reaffirmed today that it operates lawfully in waters off Sarawak.

Petronas president and group chief executive officer Tan Sri Tengku Muhammad Taufik Tengku Aziz echoed Prime Minister Datuk Seri Anwar …

Selangor Export Day 2024 To Boost State’s Trade And Exports – MATRADE

KUALA LUMPUR, The Malaysia External Trade Development Corporation (MATRADE) hopes that hosting the Selangor Export Daya 2024 event will boost the state’s trade and encourage more companies to be involved in the export business.

Its senior board memb…

RHB Unveils Malaysia’s First Sustainable Cross-currency Repo

KUALA LUMPUR, RHB Banking Group has launched Malaysia’s first sustainable use-of-proceeds (UOP) cross-currency repurchase (repo) transaction.

In a statement, the group credited its collaboration with BNP Paribas Malaysia Bhd for enabling the UOP rep…

ASEAN Manufacturers Report Eighth Successive Month Of Improvement Despite Slowing Growth — SandP Global

KUALA LUMPUR, Asean producers reported an eighth successive month of improvement in the health of the region’s manufacturing sector, although the improvement remained ‘modest overall,’ said SandP Global today.

The SandP Global Asean Manufacturing Pu…

Demographic Trends To Shape Real Estate Demand In Malaysia, Says Think Tank

KUALA LUMPUR, Demographic trends are expected to shape Malaysia’s real estate demand through the interplay between the ageing population, urban migration, and household dynamics, according to the Socio-Economic Research Centre (SERC).

The think tank…

Domestic Banks Reported Better Performances In 2Q 2024 — RAM Ratings

KUALA LUMPUR, Domestic banks reported better performances in the second quarter 2024 (2Q 2024), driven by a mild recovery in net interest margins (NIMs) and lighter provisions, according to RAM Rating Services Bhd (RAM Ratings).

The rating agency sa…

Niq-GfK: Global Tech And Durables Market In Resurgence State

KUALA LUMPUR, NIQ-GfK experts forecasted that 2024 will be a better year for the global Consumer Tech and Durables (TandD) compared to last year, with stable revenue expected for the full year.

At the mid-year point, most TandD segments are showing …