KOTA KINABALU, PETRONAS, through Malaysia Petroleum Management (MPM), will continue supplying 16 million standard cubic feet of gas per day (MMscfd) to Sabah Electricity Sdn. Bhd. (SESB) for power generation under a newly formalised five-year Gas Sales Agreement (GSA). The agreement, signed on 30 June, was recently commemorated with a formal document exchange ceremony. Source:…
KUALA LUMPUR, Consumer counters are poised to benefit from lower costs of raw material imports and improved margins as the ringgit continues to strengthen, according to Bursa Malaysia Bhd. In a post on X today, it said this has resulted in the Consumer Products and Services sector in the local bourse growing 1.0 per cent…
PUTRAJAYA, Malaysia has the capability and potential to assist neighbouring countries develop their Islamic financial products, said Singapore’s Pergas Investment Holdings chief executive officer and director Prof Saadiah Mohamad. Speaking as the panellist at the 2024 YaPEIM Regional Forum (FSY2024), she said, for instance, in Singapore, there are still no Syariah-compliant takaful products, inviting Malaysia…
KUALA LUMPUR, The Federal Court is set to hear the application of seven Filipino men seeking a review of their death sentences, imposed for waging war against the Yang di-Pertuan Agong during the Lahad Datu incursion 11 years ago, at 9 am tomorrow. The application was filed by Datu Amirbahar Hushin Kiram, 60, the nephew…
KUALA LUMPUR, The Ministry of Investment, Trade and Industry (MITI) will ensure industry access to sustainable markets, while improving resource efficiency, strengthening governance and supporting the country’s net-zero target. Its minister Tengku Datuk Seri Zafrul Abdul Aziz, said the MITI Sustainability Report 2023, launched today, aims to develop a trade and industry sector that incorporates…
SHAH ALAM, Higher Education Minister Datuk Seri Dr Zambry Abd Kadir said any need or action at the Ministry of Higher Education (KPT) level in relation to the GISB Holdings Sdn Bhd (GISBH) issue will be taken after receiving a full report from the special team investigating the case. He said so far the ministry…
