PTT Exploration and Production Plc (PTTEP) has started its natural gas production at Rotan and Buluh deepwater fields of Block H off the coast of Sabah, Malaysia, marking its move to strengthen investment in Malaysia. The production will increase the company’s petroleum supply and sales volume in the neighbouring country. The first gas production in […]
Read MoreKUALA LUMPUR: There are no specific indications of Malaysian businesses pulling out of Myanmar following the coup early this month but some might rethink the decision if the situation worsens, said vice president of the Malaysian Economic Association Dr Evelyn S. Devadason. The University of Malaya professor said Myanmar is also highly unlikely to be […]
Read MoreMALAYSIA’S private investment growth rate and share of gross domestic product (GDP) has been decelerating in recent years. Weighed down by external and domestic factors, private investment’s momentum had moderated from 12.1% per annum in 2011-2015 to 4.8% pa in 2016-2019. Amongst these include the uneven state of global economic conditions post 2008-09 Global Financial […]
Read MorePETALING JAYA: With all eyes on the ongoing fourth-quarter 2020 (Q4) earnings season, the FBM KLCI is expected to trade range-bound this week after notching over 40 points since the start of February. Analysts believe that investors would take a wait-and-see approach as they monitor carefully the Q4 financial results that will be concluded by […]
Read MoreThailand’s PTT Exploration and Production Public Company Limited (PTTEP) has made its largest-ever gas discovery in Malaysia, the company announced in a press release on February 10. PTTEP made the discovery through its wholly-owned subsidiary, PTTEP HK Offshore Limited (Malaysia) (PTTEP HKO), which successfully completed drilling the Lang Lebah-2 appraisal well under the Sarawak SK […]
Read MorePETALING JAYA: The travel bubble between Malaysia and Indonesia would not have significant impact on the aviation sector as strict travel conditions may limit passenger traffic. It was reported that Malaysia has been given the green light by Indonesia over a Reciprocal Green Lane/Travel Corridor Arrangement (RGL/TCA) travel bubble between both nations. A bank-backed research […]
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