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RM10.4 bln EPCC, associated contracts for pipeline projects terminated - Guan Eng

KUALA LUMPUR, May 25 (Bernama) -- The engineering, procurement, construction and commissioning (EPCC) contract for two pipeline projects and other associated contracts amounting to RM10.4 billion have been terminated, says Finance Minister Lim Guan Eng.

Malaysia to strengthen trade, investment ties with Brazil

KUALA LUMPUR, May 25 (Bernama) -- Malaysia and Brazil will continue to focus on expanding bilateral trade and investment ties.

Malaysia committed to key role as biofuel technology player

KUALA LUMPUR, May 25 (Bernama) -- As one the world’s major palm oil producers, Malaysia will continue to play a key role in ensuring that the commodity remains a sustainable and eco-friendly fuel replacement for world markets.

MISC's Q1 profit surges on higher freight rates, one-off gains

KUALA LUMPUR, May 24 (Bernama) -- Energy shipping firm MISC Bhd's first-quarter (Q1) net profit jumped by 64.4 per cent year-on-year to RM510.50 million, buoyed by improved freight rates as well as gains of RM41.2 million from a business acquisition and a ship disposal. 

Dayang's unit clinches four-year contract from Roc Oil Sarawak

KUALA LUMPUR, May 24 (Bernama) -- Dayang Enterprise Sdn Bhd (DESB), a wholly-owned unit of Dayang Enterprise Holdings Bhd (DEHB), has bagged a four-year contract from Roc Oil (Sarawak) Sdn Bhd (Roc Oil) for the provision of procurement, construction, installation, hook-up and commissioning services.

Kazakhstan keen to increase import of M'sia's palm oil

KUALA LUMPUR, May 24 (Bernama) -- Kazakhstan is keen to increase the import volume of Malaysia's palm oil into the Republic, said Counsellor of Kazakhstan Embassy in Kuala Lumpur, Dr Serik Amirov. 

Malaysia will continue to promote palm oil in Europe -Teresa

KUALA LUMPUR, May 23 (Bernama) -- The Primary industries Ministry will hold a meeting with members of the European Parliament and European Council in October in its mission to promote the country's palm oil, said its minister Teresa Kok.

KPDNHEP N. Sembilan seizes three tanker lorries with LPG

PORT DICKSON, May 23 (Bernama) -- The Negeri Sembilan Domestic Trade and Consumer Affairs Ministry (KPDNHEP) seized three lorry tankers loaded containing Liquid Petroleum Gas (LPG) during a raid at a premise here, yesterday. 

Sabah postpones charging of assessment on palm oil plants

KUDAT, May 23 (Bernama) -- The Sabah government has postponed with immediate effect the charging of assessment on palm oil processing plants, including those that plan to invest in the state.

Palm oil price to improve - Teresa Kok

KUALA LUMPUR, May 23 (Bernama) -- Primary Industries Minister Teresa Kok Suh Sim is optimistic that palm oil price will improve in coming months.