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Malaysia: February CPI surpasses 10-year average inflation

PETALING JAYA: Malaysia’s consumer price index (CPI) increased 2.2% to 125.2 in February 2022 from 122.5 in the same month of the preceding year, according to the Statistics Department. The increase surpassed the country’s average inflation of 1.9% for the past 10 years. “The incline in headline inflation was mainly driven by the year-on-year increase […]

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Exploration in Malaysia to be expanded

PTT Exploration and Production Plc (PTTEP) is preparing to explore a new offshore oil block in Malaysia under its “Coming Home Strategy” to focus more on new investments in Southeast Asia. Malaysian national oil and gas conglomerate Petronas awarded the exploration rights at Block SB412, located off the northwestern coast of Sabah, to PTTEP through […]

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