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The Budget with its theme,"Driving growth and equitable outcomes towards shared prosperity," is the second for Pakatan Harapan since the coalition won power.
Petronas Gas Bhd (PetGas), which runs the country’s largest gas pipelines, is preparing for the headwinds it faces as the industry gets more liberalised.
A significant change took place in the Malaysian gas and energy industry over the past week.
KUALA LUMPUR: The agreement between Tenaga Nasional Bhd and Shell Malaysia Trading Sdn Bhd for a liquefied natural gas (LNG) trial cargo is an important milestone in the gas market reforms, according to Malaysian Gas Association (MGA).
PETALING JAYA: Tenaga Nasional Bhd’s (TNB) has entered into a deal to source its own supply of gas for its power plants, at lower market price compared with the regulated price
PETALING JAYA: Stock market indices provider FTSE Russell retained Malaysian bonds on its FTSE World Government Bond Index (WGBI) watch list with the next review due in March next year.
EXECUTIVES from the biggest US financial firms, including JPMorgan Chase & Co and Goldman Sachs Group Inc, are scheduled to meet top regulators in Beijing in a sign that the trade war with the US has done little to derail China’s opening of its US$43 trillion financial system.
From MARK LIM, Chief Executive Officer, Persatuan Insurans Am Malaysia.
PETALING JAYA: The move to hold the key benchmark rate unchanged may attract foreign capital flows into Malaysian bonds but much will be dictated by external headwinds after the latest data showed lower foreign holdings of local bonds.
KUALA LUMPUR: Malaysian Government Securities (MGS) yields fell in August as central banks in several Asian countries cut their key interest rates and increased the pressure on Bank Negara Malaysia to follow suit.