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KUALA LUMPUR: On the back of missed earnings expectations, Kenanga research anticipates more weakness ahead for IOI Corp Bhd as lower crude palm oil (CPO) prices and downstream margins pressure follow it into the final quarter of its financial year.
This anti-quake bearing invention has kept many structures safe from earthquakes globally.
KUALA LUMPUR: UOB Kay Hian Malaysia Research keeps Dialog as a defensive buy as it still sees value in Dialog Group Bhd as it is the only listed proxy to storage.
BANDAR SERI BEGAWAN: His Majesty Sultan Haji Hassanal Bolkiah Mu’izzaddin Waddaulah ibni Al-Marhum Sultan Haji Omar ‘Ali Saifuddien Sa’adul Khairi Waddien, Sultan and Yang Di-Pertuan of Brunei Darussalam expressed pleasure that Bruneians are complying with the rules and regulations amid the Covid-19 (coronavirus) outbreak.
Our columnist, who has decades of experience in tourism, voices his concerns over efforts – or the lack thereof – to revitalise the industry and help workers.
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas), which saw its net profit slump by 68% to RM4.5bil in the first quarter ended March 31, 2020, sees a very challenging year.
KUALA LUMPUR: Sime Darby Plantation Bhd's net profit surged by 337% to RM394mil for its continuing operations in the first quarter ended March 31,2020 compared with RM90mil a year ago.
PETALING JAYA: Sarawak-based oil and gas (O&G) integrated support services provider, Ocean Vantage Holdings Bhd, has entered into an underwriting agreement with M&A Securities Sdn Bhd in conjunction with its initial public offering (IPO) on the ACE Market of Bursa Malaysia.
(Reuters) - Michigan's county of Midland said on Tuesday two dams have collapsed due to storm and heavy rains in the past few days and residents nearby were told to evacuate immediately.
MOSCOW: The coronavirus pandemic has disrupted maintenance at oil and gas (O&G) projects and refineries from Russia’s Far East to the coast of Canada, storing up problems for an industry already reeling from slumping prices, analysts say.