KUALA LUMPUR, July 10 (Bernama) -- Organisations need to adopt multiple strategies in the current business landscape, says Petroliam Nasional Bhd (Petronas) president and group chief executive officer, Tan Sri Wan Zulkiflee Wan Ariffin.
"Leaders in the next five to 10 years, need to redefine risk management in very different ways from now because things are changing very fast. You cannot rely on a single strategy," Wan Zulkiflee added.
He said Petronas was very focused on Sustainable Development Goals such as the environment, education and the well-being of communities.
"Every year we give out 330 scholarships. I don't think there is any single entity that does this.
"We did it when the oil price was at US$100 per barrel and when it was US$30 per barrel. I decided not to change this long term investment," he added.
"These are the areas we have defined for ourselves and through our foundation, Yayasan Petronas, we get involved in corporate social responsibility activities and SDGs,” he said at the International Business Management Conference organised by the International Islamic University Malaysia here, today.
He said the sustainability definition varied from one to another organisation and for Petronas, it is working on shaping the oil and gas industry in Malaysia, to be more competitive and resilient.
KUALA LUMPUR, July 15 (Bernama) -- No hike in electricity tariff for all categories of domestic users as well as commercial and industries for the period between July to December this year, said Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin.
KUALA LUMPUR, July 15 (Bernama) -- Solar energy firm, Atlantic Blue Sdn Bhd (ABSB), a 45 per cent-owned associate company of Chin Hin Group Bhd, has proposed a listing on the ACE Market of Bursa Malaysia via a special purpose vehicle, Solarvest Holdings Bhd (SHB).
By Norshazlina Nor Azman
PUTRAJAYA, July 14 (Bernama) -- About 2,000 self-service laundrettes in Peninsular Malaysia and Sabah do not have approvals as well as individual gas licences issued by the Energy Commission, and are therefore at risk of explosions.
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