Petronas awards Block SB405 to ConocoPhillips, Petronas Carigali

KUALA LUMPUR (Bernama) -- Petroliam Nasional Bhd (Petronas) has awarded Block SB405, off the coast of Sabah, offshore Malaysia, to ConocoPhillips East Malaysia Ltd (COPEM) a subsidiary of ConocoPhillips and Petronas Carigali Sdn Bhd (PCSB).

Coastal Contracts wins Mexico job

KUALA LUMPUR: Coastal Contracts Bhd and its Mexican joint-venture partner have secured a project to build a RM258.7mil gas processing plant in Mexico.

FGV provides Covid-19 tests for migrant workers

KUALA LUMPUR: FGV Holdings Bhd is providing Covid-19 tests for 7,001 of its migrant workers at its plantations in Negeri Sembilan and Sabah to support the government’s efforts to curb the pandemic.

Higher development expenditure a positive

Research house says it will support economic recovery

Treasury Pulse - Forex, US Treasuries, Bonds, equities,

THE dollar continued to decline for the second consecutive week, down 0.25% w/w to 93.61, underpinned by persistent upbeat sentiment in global markets, supporting investors’ risk appetite as investors continue to bet on some form of fiscal aid emerging ahead of the US elections.

Late selling sees KLCI slump to lowest since June 26

KUALA LUMPUR: Selling pressure accelerated on Bursa Malaysia on Wednesday as rising Covid-19 cases and the fallout on the economy saw the FBM KLCI close down at its lowest since June 26 while the ringgit weakened.

Bertam Alliance bags water tank sub-contract in Sabah

KUALA LUMPUR: Bertam Alliance Bhd said a unit was awarded a sub-contract worth RM22.9mil for the provision of maintenance and replacement of water tanks in Sabah.

Ireka demerges from Aseana

Ireka demerges from 23% owned Aseana Properties

KUALA LUMPUR: Ireka Corporation Bhd has demerged from its 23% owned Aseana Properties Ltd under their agreements signed on Thursday to separate both companies.

CCK building factory, logistics centre in Indonesia

KUCHING: Integrated poultry firm CCK Consolidated Holdings Bhd is embarking on a major expansion in its Indonesian operations, with the construction of a new factory and logistics centre in Pontianiak, West Kalimantan.