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Petronas to collaborate with Bank Muamalat on VFP

KUALA LUMPUR, Nov 6 -- Petroliam Nasional Bhd (Petronas) is to collaborate with Bank Muamalat Malaysia Bhd (Bank Muamalat) to offer financing to Petronas’ Oil and Gas Service Equipment (OGSE) and Small and Medium Enterprises (SME) vendors under the Vendor Financing Programme (VFP).



MARA Corp defends MoU with Lynas Malaysia

KUALA LUMPUR, Nov 6 -- MARA Corporation has strongly defended the Memorandum of Understanding (MoU) it signed with Lynas Malaysia Sdn Bhd for collaboration on several projects, including attracting downstream industries and downstream customers to Malaysia.



Investors urged to consider supporting the biogas industry

By Rosemarie Khoo Mohd Sani



KUALA LUMPUR, Nov 5 -- Malaysian Bioeconomy Development Corporation Sdn Bhd (Bioeconomy Corp) is calling on all private and institutional investors, including angels and venture capitalists, to consider investing in the biotechnology sector, in particular the biogas industry, as it moves towards achieving sustainable development goals while contributing to the circular economy.



Lynas: Australia wants conditions dropped

Exclusive report by LINDA KHOO HUI LI



BANGKOK, Nov 4  -- The Australian government is hoping that Malaysia will drop conditions imposed on rare earth company Lynas Malaysia Sdn Bhd operating in Gebeng, Kuantan.



Sarawak issues Notice of Assessment to Petronas

KUCHING, Nov 4 – Sarawak has issued a Notice of Assessment to Petronas seeking payment of the State Sales Tax (SST) on petroleum products, saying failure to do so will result in legal action.



Serba Dinamik IT Solutions Recognised For Its Smart Maintenance Platform

KUALA LUMPUR, Nov 4 (Bernama)--Serba Dinamik Holdings Bhd’s wholly owned subsidiary Serba Dinamik IT Solutions (SDIT), has been recognised by the World Information Technology and Services Alliance (WITSA) for its Smart Maintenance Platform, it said in a statement.



UN’s World Cities Day: ABB Electrification launches virtual ‘Smart City’

KUALA LUMPUR, Nov 1 -- ABB Electrification, a technology leader driving the digital transformation of industries has launched an interactive ‘Smart City’ to mark the UN’s World Cities Day. 



Price of RON97 goes down 3 sen, RON95 dan diesel remain unchanged

KUALA LUMPUR, Nov 1 -- The retail price of RON97 petrol will go down 3 sen to RM2.56 per litre, while the prices of RON95 and diesel will remain at RM2.08 and RM2.18 per litre respectively, from Nov 2 to 8.



Malaysian palm oil production to drop slightly in 2020, pushing the price upward, says expert

KUALA LUMPUR, Nov 1 --  Palm oil production in Malaysia is set to drop slightly in 2020 from the 20.5 million tonnes recorded in 2019,  said a plantation expert.



GreenTech Malaysia appoints Shamsul Bahar as CEO

KUALA LUMPUR, Nov 1 -- The Malaysian Green Technology Corporation (GreenTech Malaysia) has appointed Shamsul Bahar Mohd Nor as its new chief executive officer (CEO) effective today, to spearhead the country’s climate change agenda and to drive sustainable economic development.





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