Trending News: CIMB Securities Expects MCMC To Announce Second 5G Network Winner Next WeekMCMC And KPT To Address Internet Access Issues At Campuses Promptly – FahmiLYB Obtains Renewable Electricity Capacity To Reach 2030 GoalLorry Driver In Influencer Esha’s Cyberbullying Case Gets 12 Months PrisonQuantexa Named Leader For Worldwide Decision Intelligence Platforms By IDC MarketScapeRHB IB Predicts Reduced Petronas Dividend In 2025 Amid Falling Oil PricesRHB IB Estimates RM90 Bln Development Expenditure For Construction Sector In Budget 2025ADB Raises 2024 Economic Growth Forecast For Developing Asia, The PacificAirAsia Drone-GIT Academy Partnership to Equip Tourist Guides with Drone Piloting SkillsBatu Pahat-Mersing Intersection Expansion Project Set For November CompletionMalaysia’s Strong Financial Asset Growth In 2023 Driven By Insurance, Pensions Sector – AllianzKeyfield International Unit Bags RM130.03 Mln Contracts From Petronas CarigaliJohor Awaits Approval For RM900 Million Flood Mitigation ProjectsGurney Bay Project Contractor Acts Quickly To Fix SinkholeRinggit Strengthens Amid US Rate Clarity, Malaysia’s Positive Economic Outlook – BNMFahmi Confirms Termination Of JKOM Director-general’s ServiceImmigration Dept Busts Disabled Begging Syndicate, Four Chinese Nationals NabbedParty, State leader meets Indian Prime Minister in New YorkReject Extreme Ideolody That Divide Malaysians – Khaled NordinMalaysia Leads Global Charge To Tackle Lung Disease At World Cancer CongressIATA’s Updated Net Zero Roadmaps Establish The Feasibility Of Energy Transition By 2050NIPPON KINZOKU: Welded Drawn Pipe Surpassing Seamless Pipe Introduction Of “FINE PIPE” SeriesNIPPON KINZOKU: Welded Drawn Pipe Surpassing Seamless Pipe Introduction Of “FINE PIPE” SeriesPolice Seize Drugs Worth More Than RM500,000 From A House In JelutongMerz Aesthetics Announces The Launch Of Ultherapy Prime Platform As The Next Generation Of Nonsurgical Skin Lifting TreatmentsMerz Aesthetics Announces The Launch Of Ultherapy Prime Platform As The Next Generation Of Nonsurgical Skin Lifting TreatmentsBollywood Legend Udit Narayan To Perform In Kuala Lumpur This DecemberMaxis eKelas MJD 2024 Continues Mission To Spark Interest In STEMBudget 2025: Peneka Calls For Continuation Of Cost Of Living Allowance, Diesel SubsidyStrong Earthquake Hits Minahassa Peninsula, SulawesiCompany Director Loses RM1.9 Mln In Law Firm FraudNielsenIQ Mid-Year Consumer Outlook: Guide to 2025 Reveals Catalysts to Change in Key Verticals Across IndustriesMental Health Key To Successful Organisations, Says Chief SecretarySufficient Subsidised Polybag Cooking Oil In PenangMAIWP Urged To Prioritise Integrity In Supporting Malaysia Madani AgendaHi-5 For Health: Celebrating 5 Years Of Healthcare Excellence At Sunway Medical Centre VelocityCybersecurity Malaysia Encourages Smart Internet Usage Through National ICT Security DiscourseNumber Of Flood Victims In Kedah Falls, Situation Stays In Perak This MorningCPO Futures Ends Higher For Fifth Consecutive Day, Weighed Down By Strong RinggitMagistrate’s Order Barring Siti Kasim From 2022 Rally Is Legal, High Court RulesBursa Malaysia Opens Higher, Tracking Wall Street’s Overnight PerformanceBudget 2025: Higher Allocation Needed, Free-Up Bottleneck UD56 – MMAGISBH: ABIM HELWA Supports MOE’s Move To Ensure Continued Education Of Affected ChildrenMahkota By-Election : 95.45 Pct Of Early Voters Fulfill Their Duty – ECChampioning Education For Marginalised Children In SabahAADK To Take Firm Stance On Staff Misconduct Following EAIC ReportRinggit Opens Higher Vs US Dollar, Revisits RM4.19 LevelFirdaus ‘Adik’ Just Wants To Repay Mother’s SacrificesMCMC Microsoft AI TEACH Programme Makes Its Mark In PenangSarawak’s Ahmad Bashirun Overcomes Adversity To Win Gold In Para SUKMAParliamentarian Roles Go Beyond Law-Making In Today’s Fast-Paced WorldGold Futures Rise On Optimism For More US Rate Cuts, Chinese StimulusStocks sustain gains, peso weakensSarawak’s Transport Master Plan 2025-2040 Aims To Meet State Evolving NeedsDHSUD-Cordillera’s 2K housing units target on trackKelantan PTPTN Allocates RM4.28 Million For Loan Advance Benefiting 2,853 StudentsAlice Guo relents to Senate executive session, says she’s a victimKedah Police Urge Public To Take And Share Photos Of Illegally Modified VehiclesDepEd 2025 budget hurdles House plenary scrutinyDr Roland Denies Instilling Fear About Pfizer VaccineNew anti-smuggling law to boost farmers, fisherfolk income: EscuderoMBS Issues Compounds, Seizes Items From GISBH Business Premises In Seremban 2NegOr police seize P1.5-M shabu, nab thousands in anti-crime sweepNeed For Coordinated Efforts To Eradicate Deviant Trends – PM AnwarCHED grants 3-year autonomous, deregulated status to 92 HEIsAppeals Court Upholds Jail Term, Whipping On Man Charged With Raping Disabled DaughterNDA boosts agri efforts via youth educationPPS Closed As Floodwaters Fully Recede In Perak4PH program targets to build over 10K 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Visayas LGUs urged to pass protected areas conservation ordinancePSS Strategic Plan Approved To Promote Healthy Lifestyle Among Public ServantsNograles vows to further improve civil service after CSC budget OK’dKEDA Allocates RM115,000 To Provide Food Baskets For Flood VictimsSeized counterfeit products reach over P35-B in Jan.-Sept.Para SUKMA: Switching From Athletics To Bowling 11 Years Ago A Perfect Choice For Success – AzuanPrivate sector boosts gov’t effort to clear C. Visayas housing backlogKPDN Reviewing Registration Of GISBH And Subsidiaries – ArmizanChinese military chopper tailing BFAR aircraft unprofessional – NavyAhmad Shahmim Blitzes National Record Twice En Route To Powerlifting GoldsW. Visayas LGUs urged to update comprehensive land use plansLHDN Receives Over 34 Mln e-Invoices, Showing Strong Support From TaxpayersHouse approves OP, OPAPRU budget for 2025Ex-wife, Stepbrother Claim Trial To Murdering E-hailing DriverDisaster-hit families in Region 11 receive PHP 3.2-M in shelter aidNga Urges Malaysians To Unite For Economic Growth And ProsperityMarcos sees rice prices going down furtherSultan Nazrin Opens Menara SSM PerakRomualdez on improved ratings: I will continue to work hard2025 Selangor Budget To Be Tabled In Mid-November, Says MBHouse defers debates on DOH budget due to inaction, lack of plansBursa Malaysia Higher At Midday On China’s Stimulus SupportDFA: No Filipino hurt in Lebanon; many opt to stayPM Anwar Extends Special Cash Aid To 202 Families Affected By Penang FloodsVillage chief, son killed in Ilocos SurSIMP Scheme: RM10,599,260 Ex-gratia Paid To Fishermen So FarSouthern Leyte bay gets patrol boats to enhance law enforcementVietnamese leader meets with members of Vietnam Innovation Network in US
Thu. Sep 26th, 2024
Trending News: CIMB Securities Expects MCMC To Announce Second 5G Network Winner Next WeekMCMC And KPT To Address Internet Access Issues At Campuses Promptly – FahmiLYB Obtains Renewable Electricity Capacity To Reach 2030 GoalLorry Driver In Influencer Esha’s Cyberbullying Case Gets 12 Months PrisonQuantexa Named Leader For Worldwide Decision Intelligence Platforms By IDC MarketScapeRHB IB Predicts Reduced Petronas Dividend In 2025 Amid Falling Oil PricesRHB IB Estimates RM90 Bln Development Expenditure For Construction Sector In Budget 2025ADB Raises 2024 Economic Growth Forecast For Developing Asia, The PacificAirAsia Drone-GIT Academy Partnership to Equip Tourist Guides with Drone Piloting SkillsBatu Pahat-Mersing Intersection Expansion Project Set For November CompletionMalaysia’s Strong Financial Asset Growth In 2023 Driven By Insurance, Pensions Sector – AllianzKeyfield International Unit Bags RM130.03 Mln Contracts From Petronas CarigaliJohor Awaits Approval For RM900 Million Flood Mitigation ProjectsGurney Bay Project Contractor Acts Quickly To Fix SinkholeRinggit Strengthens Amid US Rate Clarity, Malaysia’s Positive Economic Outlook – BNMFahmi Confirms Termination Of JKOM Director-general’s ServiceImmigration Dept Busts Disabled Begging Syndicate, Four Chinese Nationals NabbedParty, State leader meets Indian Prime Minister in New YorkReject Extreme Ideolody That Divide Malaysians – Khaled NordinMalaysia Leads Global Charge To Tackle Lung Disease At World Cancer CongressIATA’s Updated Net Zero Roadmaps Establish The Feasibility Of Energy Transition By 2050NIPPON KINZOKU: Welded Drawn Pipe Surpassing Seamless Pipe Introduction Of “FINE PIPE” SeriesNIPPON KINZOKU: Welded Drawn Pipe Surpassing Seamless Pipe Introduction Of “FINE PIPE” SeriesPolice Seize Drugs Worth More Than RM500,000 From A House In JelutongMerz Aesthetics Announces The Launch Of Ultherapy Prime Platform As The Next Generation Of Nonsurgical Skin Lifting TreatmentsMerz Aesthetics Announces The Launch Of Ultherapy Prime Platform As The Next Generation Of Nonsurgical Skin Lifting TreatmentsBollywood Legend Udit Narayan To Perform In Kuala Lumpur This DecemberMaxis eKelas MJD 2024 Continues Mission To Spark Interest In STEMBudget 2025: Peneka Calls For Continuation Of Cost Of Living Allowance, Diesel SubsidyStrong Earthquake Hits Minahassa Peninsula, SulawesiCompany Director Loses RM1.9 Mln In Law Firm FraudNielsenIQ Mid-Year Consumer Outlook: Guide to 2025 Reveals Catalysts to Change in Key Verticals Across IndustriesMental Health Key To Successful Organisations, Says Chief SecretarySufficient Subsidised Polybag Cooking Oil In PenangMAIWP Urged To Prioritise Integrity In Supporting Malaysia Madani AgendaHi-5 For Health: Celebrating 5 Years Of Healthcare Excellence At Sunway Medical Centre VelocityCybersecurity Malaysia Encourages Smart Internet Usage Through National ICT Security DiscourseNumber Of Flood Victims In Kedah Falls, Situation Stays In Perak This MorningCPO Futures Ends Higher For Fifth Consecutive Day, Weighed Down By Strong RinggitMagistrate’s Order Barring Siti Kasim From 2022 Rally Is Legal, High Court RulesBursa Malaysia Opens Higher, Tracking Wall Street’s Overnight PerformanceBudget 2025: Higher Allocation Needed, Free-Up Bottleneck UD56 – MMAGISBH: ABIM HELWA Supports MOE’s Move To Ensure Continued Education Of Affected ChildrenMahkota By-Election : 95.45 Pct Of Early Voters Fulfill Their Duty – ECChampioning Education For Marginalised Children In SabahAADK To Take Firm Stance On Staff Misconduct Following EAIC ReportRinggit Opens Higher Vs US Dollar, Revisits RM4.19 LevelFirdaus ‘Adik’ Just Wants To Repay Mother’s SacrificesMCMC Microsoft AI TEACH Programme Makes Its Mark In PenangSarawak’s Ahmad Bashirun Overcomes Adversity To Win Gold In Para SUKMAParliamentarian Roles Go Beyond Law-Making In Today’s Fast-Paced WorldGold Futures Rise On Optimism For More US Rate Cuts, Chinese StimulusStocks sustain gains, peso weakensSarawak’s Transport Master Plan 2025-2040 Aims To Meet State Evolving NeedsDHSUD-Cordillera’s 2K housing units target on trackKelantan PTPTN Allocates RM4.28 Million For Loan Advance Benefiting 2,853 StudentsAlice Guo relents to Senate executive session, says she’s a victimKedah Police Urge Public To Take And Share Photos Of Illegally Modified VehiclesDepEd 2025 budget hurdles House plenary scrutinyDr Roland Denies Instilling Fear About Pfizer VaccineNew anti-smuggling law to boost farmers, fisherfolk income: EscuderoMBS Issues Compounds, Seizes Items From GISBH Business Premises In Seremban 2NegOr police seize P1.5-M shabu, nab thousands in anti-crime sweepNeed For Coordinated Efforts To Eradicate Deviant Trends – PM AnwarCHED grants 3-year autonomous, deregulated status to 92 HEIsAppeals Court Upholds Jail Term, Whipping On Man Charged With Raping Disabled DaughterNDA boosts agri efforts via youth educationPPS Closed As Floodwaters Fully Recede In Perak4PH program targets to build over 10K housing units in IlocosAbuse Of Tourist Visas Key Factor In KLIA ‘counter Setting’ ActivitiesDOST chief thanks admin for hike in R&D budgetNizra Industries Partners With Turkey’s Çukurova Defence To Develop Advanced Tactical ChassisC. Visayas LGUs urged to pass protected areas conservation ordinancePSS Strategic Plan Approved To Promote Healthy Lifestyle Among Public ServantsNograles vows to further improve civil service after CSC budget OK’dKEDA Allocates RM115,000 To Provide Food Baskets For Flood VictimsSeized counterfeit products reach over P35-B in Jan.-Sept.Para SUKMA: Switching From Athletics To Bowling 11 Years Ago A Perfect Choice For Success – AzuanPrivate sector boosts gov’t effort to clear C. Visayas housing backlogKPDN Reviewing Registration Of GISBH And Subsidiaries – ArmizanChinese military chopper tailing BFAR aircraft unprofessional – NavyAhmad Shahmim Blitzes National Record Twice En Route To Powerlifting GoldsW. Visayas LGUs urged to update comprehensive land use plansLHDN Receives Over 34 Mln e-Invoices, Showing Strong Support From TaxpayersHouse approves OP, OPAPRU budget for 2025Ex-wife, Stepbrother Claim Trial To Murdering E-hailing DriverDisaster-hit families in Region 11 receive PHP 3.2-M in shelter aidNga Urges Malaysians To Unite For Economic Growth And ProsperityMarcos sees rice prices going down furtherSultan Nazrin Opens Menara SSM PerakRomualdez on improved ratings: I will continue to work hard2025 Selangor Budget To Be Tabled In Mid-November, Says MBHouse defers debates on DOH budget due to inaction, lack of plansBursa Malaysia Higher At Midday On China’s Stimulus SupportDFA: No Filipino hurt in Lebanon; many opt to stayPM Anwar Extends Special Cash Aid To 202 Families Affected By Penang FloodsVillage chief, son killed in Ilocos SurSIMP Scheme: RM10,599,260 Ex-gratia Paid To Fishermen So FarSouthern Leyte bay gets patrol boats to enhance law enforcementVietnamese leader meets with members of Vietnam Innovation Network in US
Thu. Sep 26th, 2024

RHB IB Predicts Reduced Petronas Dividend In 2025 Amid Falling Oil Prices


KUALA LUMPUR, RHB Investment Bank Bhd (RHB IB) has estimated that the dividend payout from Petroliam Nasional Bhd (Petronas) will be lower than RM32 billion in 2025, attributed to a weaker performance in 2024 amid declining oil prices.



The investment bank said that gaining insight into Petronas’ dividend expectations for 2025 is crucial, particularly as discussions continue between Petroleum Sarawak (Petros) and Petronas.



RHB IB also indicated that the government is likely to prioritise green energy initiatives to support the National Energy Transition Roadmap.



‘In line with this, we would not be surprised to see an allocation for renewable energy development and, perhaps, grid infrastructure upgrades to facilitate initiatives like the Corporate Renewable Energy Supply Scheme,’ it said in a research note today.



One notable measure that may feature in Budget 2025 is the continuation or expansion of cash rebates under the Net Energy Metering programme, which could further drive solar adoption, particularly among homeowners, according to RHB IB.



The bank suggested that additional support for residential solar power, especially for the B40 group, through low-interest loans and subsidies, could promote broader adoption.



Meanwhile, the government is still assessing the impact of diesel subsidy rationalisation.



‘We believe there is a possibility that the implementation of the RON95 subsidy removal may not be highlighted in the upcoming budget.



‘On the other hand, should more details regarding the Johor-Singapore Special Economic Zone be announced, we believe Pengerang-a targeted petrochemical hub-will benefit as well,’ RHB IB added.





Source: BERNAMA News Agency



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