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KUALA LUMPUR: In light of the unprecedented challenges brought about by the COVID-19 pandemic, Petroliam Nasional Bhd’s (Petronas) board has approved an additional RM10 billion dividend payment to the Federal government by the end of November 2020.
KUALA LUMPUR: The FBM KLCI reversed its earlier gains to end the morning session lower, bucking the trend at regional markets
AFTER a long time, Petroliam Nasional Bhd’s (Petronas) contribution to federal government coffers would see a steep decline.
KUALA LUMPUR: Federal Government revenue is expected to increase by 4.2% to RM236.9bil or 15.1% of GDP in 2021 underpinned by improving economic growth and business prospects.
KUALA LUMPUR: Stocks on Bursa Malaysia continued to ramp up in the hours ahead of Budget 2021 on hope of new measures to help bolster the economy.
KUALA LUMPUR: The rally on Bursa Malaysia on Thursday, driven by foreign buying, came to a halt in early Friday ahead of the Budget 2021 proposals to be unveiled at 4pm.
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) aims to achieve Net Zero Carbon Emissions (NZCE) by 2050 as part of its holistic approach to sustainability; balancing environment, social and governance considerations.
KUALA LUMPUR: Blue chips advanced in early Thursday trade, underpinned by gains in Petronas-linked stocks, Hong Leong Bank and Public Bank as investor confidence was bolstered by key Asian markets and Wall Street.