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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)…

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Malaysia takes pragmatic approach with MCO extension, says analyst

KUALA LUMPUR, April 12 -- As the COVID-19 pandemic spreads across the world creating new epicentres, Malaysia is taking a pragmatic approach in extending the movement control order (MCO) for another two weeks while relaxing certain regulations, says an analyst. Juwai IQI chief economist Shan Saeed said the government’s decision to extend the MCO while accommodating the need…

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