PTT Exploration and Production Plc (PTTEP) has announced the discovery of petroleum at Sirung-1, a wildcat well off the coast of Malaysia’s Sarawak state, as it seeks to bolster its reserves for long-term growth. PTTEP had begun drilling at Sirung-1 in Block SK405B in January through its subsidiary PTTEP Sarawak Oil Co. The company has found […]
Read MoreKUALA LUMPUR: The country’s headline inflation is anticipated to temporarily spike to above 5.0 per cent in the second quarter of this year due to a lower base from low fuel prices in the corresponding quarter of 2020, and average to between 2.5 per cent and 4.0 per cent for 2021. Headline inflation, which measures […]
Read MoreKUALA LUMPUR, March 31 — Bank Negara Malaysia (BNM) does not have any immediate plans to issue Central Bank Digital Currency (CBDC). The central bank said in Malaysia the financial system continues to support the functioning of the economy while meeting the needs of individuals and businesses. “To this end, the existing monetary and financial […]
Read MoreKUALA LUMPUR: Bank Negara projects a domestic economic rebound of between 6% and 7.5% in 2021 although progress will be uneven and shaped by the course of several factors including the Covid-19 pandemic and vaccine rollout. The central bank said in its 2021 outlook and policy report that other factors that play a role in […]
Read MorePETALING JAYA: The domestic bond market is bound to see more positive activities following the boost from the removal of Malaysia from FTSE Russell’s watch list. Malaysia has been on the list since April 2019 and every FTSE Russell review since then has kept bond investors on their toes as they feared Malaysia’s possible removal […]
Read More[KUALA LUMPUR] The US Customs has found forced labour practices in Top Glove Corp Bhd’s production of disposable gloves and directed its ports to seize goods from the manufacturer, it said on Monday. In a statement overnight, US Customs and Border Protection (CBP) said it has sufficient information to determine labour abuses at the world’s […]
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Thailand
