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Sime Darby plantation expects no drop in palm oil imports from India

KUALA LUMPUR, May 23 (Bernama) -- Sime Darby Plantation Bhd (SDP), the world's largest palm oil plantation company by planted area, does not foresee India reducing palm oil imports from Malaysia despite a report saying it might trim some overseas orders.

UMW Holdings allocates RM607 mln capex for 2019

SHAH ALAM, May 23 (Bernama) -- UMW Holdings Bhd has allocated RM607 million in capital expenditure (capex) for the current financial year.

UMW holdings net profit soars to RM86.5 mln in Q1

KUALA LUMPUR, May 23 (Bernama) -- UMW Holdings Bhd's net profit surged to RM86.50 million for the first quarter ended March 31, 2019 (Q1 2019), up from RM74.08 million in the same quarter last year as losses from its unlisted oil and gas (O&G) segment have significantly reduced.

MITI to strengthen trade and investment ties with Argentina

KUALA LUMPUR, May 23 (Bernama) -- The Ministry of International Trade and Industry (MITI) wants to strengthen the bilateral trade, investment and economic ties with Argentina through collaboration in several areas.

Barakah Offshore Petroleum among most active counters in Bursa's morning trade

KUALA LUMPUR, May 22 (Bernama) – Barakah Offshore Petroleum Bhd was among the most active counters in Bursa Malaysia’s morning session today on bank loan default news.

UniMAP brings Raya cheer with solar power for village community in Semporna

SEMPORNA, May 22 (Bernama) -- Universiti Malaysia Perlis (UniMAP), has for the first time, extended its reach to Borneo, bringing solar power for use by the local community, thus adding cheer to the approaching Aidilfitri celebration.

Tawau SESB detects electricity theft at 22 premises

TAWAU, May 22 (Bernama) -- Sabah Electricity Sdn Bhd (SESB) detected 22 cases of electricity theft in raids conducted here from May 14 until May 20.

Ninety-seven pct of Sarawak's rural households to get 24-hour electricity next year

KUCHING, May 21 (Bernama) – Sarawak Energy Bhd is committed to ensuring 97 per cent of the state's rural households will get round-the-clock electricity supply by next year from 91 per cent currently.

Sabah needs to boost position in palm oil industry via governance, good practices

KOTA KINABALU, May 21 (Bernama) -- Sabah needs to strengthen its position in the palm oil industry by competing on the basis of governance and good agriculture practices to remain competitive, Chief Minister Datuk Seri Mohd Shafie Apdal said.

Petronas floating LNG Satu achieves its first LNG drop post relocation

KUALA LUMPUR, May 21 (Bernama) -- PETRONAS has achieved its first liquefied natural gas (LNG) drop by its floating LNG facility, PETRONAS Floating LNG Satu (PFLNG Satu) at the Kebabangan cluster field, 90 kilometres offshore Sabah.