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KUALA LUMPUR: Tank farm operator Dialog Group Bhd delivered its best-ever quarterly net profit on higher contributions from joint ventures and associates, terminal business, as well as increased plant services activities.
KUALA LUMPUR: Blue chips extended their decline on Thursday, weighed down by banks on concerns of a rate cut and weaker economic growth crimping their profits due to the Covid-19 coronavirus.
JAKARTA, Feb 13 (Reuters) - Indonesia plans to set up or designate a state firm to carry out upstream oil and gas activities, to try to curb red tape and regulations that are blamed for hindering investment in Southeast Asia's biggest economy.
KUALA LUMPUR: With Malaysia posting its worst economic growth rate since the Global Financial Crisis a decade ago, the outlook for the first quarter of 2020 (1Q20) has turned more cautious amid the worsening coronavirus (Covid-19) outbreak that may further dampen the economy.
SEREMBAN: The government must explain if it is still confident of registering 4.8% economic growth for 2020 following below-par performance in the last quarter of 2019, says Datuk Seri Mohamad Hasan.
KUALA LUMPUR: Banks dragged the FBM KLCI deeper into the red at the close of trade on Wednesday on concerns about the slowing economic growth and a possible rate cut.
KUCHING: State-owned Petroleum Sarawak Bhd (Petros) has taken full control and authority of the supply, sales and distribution of natural gas in Sarawak after signing a domestic gas agreement with Petronas.
KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) returned to the black in the fourth quarter of its financial year ended Dec 31 with a net profit of RM9.28mil versus a net loss of RM25.22mil in the previous corresponding quarter.
KUALA LUMPUR: Blue chips closed higher on Tuesday, underpinned by a rebound in Petronas Chemicals, Tenaga Nasional and Maybank as sentiment perked up following a firmer China market.