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News & Event
Big LNG boost for Malaysia
Malaysia and its national oil company Petroliam Nasional Bhd (Petronas) are expected to benefit from the recent spike in gas price. The Asian liquefied natural gas (LNG) spot price has been rallying over the past two months and soared more than 18 times to a record high of US$32.50 per million British thermal units (mmBtu)…
02/02/2021728Views1 minRead time
News & Event
Construction sector contracts 6.3% in 1Q
According to the Department of Statistics Malaysia, the country's construction sector contracted by 6.3% in the first quarter of 2020, amounting to RM35 billion, compared with the same month of the previous year. Has the pandemic known as COVID-19 slowing down the construction sector? In a statement by Chief Statistician Datuk Seri Dr Mohd…
13/05/20201KViews1 minRead time