People need to know where Petronas’ contribution to Govt has gone


  • Business
  • Wednesday, 16 Jul 2008

IT was not a surprise when Petroliam Nasional Bhd (Petronas) announced a record profit for its financial year ended March 31 (FY08). Also expected was the bumper dividend that followed to the Government.

But the eye-opener was just how much the Government had received from Petronas in dividends over the past few years and a worry now whether the Government has developed an addiction to petrodollars.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

More funding needed for developers
Citi appoints Amit Dhawan as head of Citi Commercial Bank for Singapore
Cypark's LSS3 hybrid solar plant achieves initial operations
Asian shares extend gains ahead of tech earnings, yen fragile
Singapore March core inflation at 3.1% y/y, below forecast
Oil prices stabilise, Middle East tensions remain in focus
Japan issues strongest warning yet on readiness to intervene in currency market
Gaza warmongering and genocide
FBM KLCI extends rebound
Sow seeds of resilience

Others Also Read