Petronas
Petronas posts 36% increase in profits
Malysian petrochemical giant Petronas posted strong numbers for the past fiscal year this week amid soaring international demand for oil and unrest in the...
Petronas caps dividends to government at 30%
Petronas, Malaysia’s state-backed energy corporation, has announced a new deal with the government that would have Petronas pay no more than 30% of its...
Oil prices too high according to Petronas
Though oil prices have been steadily on the rise for some time now, the chairman of Malaysia’s Petronas Corporation says that the prices should...
Qatar and Malaysian relationship stressed by PM of Malaysia
The Malaysian Prime Minister urged Malaysian companies to continue investing in Qatar and strengthening their presence there. Malaysian companies and investors have about a...
Petronas announces Johor for new refinery
Petronas, the state-run Malaysian petrochemical company, has announced Johor to be the site of their new $20 billion crude-oil refinery. The new complex will...
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Laos allows crypto trading and mining in first trial phase
The Lao government has authorised six companies to trade and mine cryptocurrencies in a move seen as an attempt to benefit from the crackdown...
Stories of the week
Thailand seeks ways to bring its dead tourism industry back to life
Thailand is desperately trying to revive its collapsed tourism industry by introducing new incentives for visitors, betting on higher vaccination rates against Covid-19 that...