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The Minister of Plantation Industries and Commodities YB Datuk Hajah Zuraida Kamaruddin led the ministry’s (MPIC) delegation to chair the 10th Meeting of the Council of Palm Oil Producing Countries (CPOPC) together with the Coordinating Minister of Indonesian Economic Affairs, H.E. Airlangga Hartarto in Bali Indonesia. The hybrid meeting was also attended by representatives of […]
Continue ReadingThe Allianz Junior Badminton Championships (AJBC) is set to welcome at least 2,000 participants when it begins this July. Supported by the Badminton Association of Malaysia (BAM) and the Malaysian Schools Sports Council (MSSM), the tournament will take place in three phases. Starting with a three-day state-level qualifying rounds from July to October 2022, followed […]
Continue ReadingPartnership starts with development, management of grain maize supply sourced from local communities as animal feed. To ensure a continuous food supply chain for Sabah and Sarawak and Malaysia eventually, the Borneo Oil Berhad (BornOil) Group today signed a partnership agreement in Kota Kinabalu with Softwise Sdn Bhd (Softwise) for the development and management of […]
Continue ReadingUOB Malaysia is set to facilitate more foreign direct investments (FDI) into Sarawak as international companies look for opportunities in the state’s high-value sectors. The Bank expects more multinational corporates, especially those from the manufacturing, trade, technology, food and agriculture industries, to invest in Sarawak’s renewable energy, digital technology, ecotourism and agrotechnology sectors. These companies, […]
Continue ReadingThe first cohort of Program Duta Guru (PDG) comprising 116 participants from across Malaysia, have recently begun their journey as teacher role models, after completing their two-year training. PDG is Yayasan PETRONAS’ signature programme in collaboration with the Ministry of Education, through Pusat STEM Negara. The programme, which started in 2019, aims to upskill 4,500 […]
Continue ReadingPETRONAS refers to the Financial Times’ report titled ‘PETRONAS subsidiaries seized as lawyers press $15bn claim on Malaysia’. We confirm that our two subsidiaries mentioned in the report have been served with ‘Saisie-arret’ on 11 July 2022. PETRONAS wishes to clarify that these subsidiaries, PETRONAS Azerbaijan (Shah Deniz) S.à r.l. and PETRONAS South Caucasus S.à […]
Continue ReadingThe UMW Group’s automotive sales surged by 14% in June 2022 as both UMW Toyota Motor (“UMWT”) and UMW’s associate company, Perodua, registered improved sales. The Group delivered 30,103 units in June 2022 compared with 26,480 units registered in May 2022 as it continues to fulfil its encouraging outstanding order book. For the first half […]
Continue ReadingInfineon marked a momentous milestone in the construction of a new state-of-the-art wafer fab module in Kulim, Malaysia. Today the foundation stone laying ceremony was held at Infineon Technologies (Kulim) Sdn. Bhd. With more than RM8 billion worth of investment, the third module will add significant manufacturing capacity in power semiconductors, particularly wide bandgap technology […]
Continue ReadingIn response to Bank Negara Malaysia’s (BNM) decision on 06 July 2022 to increase the overnight policy rate (OPR) to 2.25%, Bank Muamalat Malaysia Berhad’s (Bank Muamalat) BR and BFR will be revised by 25 basis points from 2.81% p.a. to 3.06% p.a. and 5.81% p.a. to 6.06% p.a. respectively, with effect from 08 July […]
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