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Petronas fourth quarter earnings fall 27 percent With these results, it will pay a dividend of RM2 billion for 4QFY14. Petronas fourth quarter earnings fall 27 percent Malaysiakini’s Facebook Wall

Petronas will not be laying off any of its workforce, despite targeting to slash operating expenditure (opex) by an estimated 30%, said Shamsul Azhar Abbas, its CEO. No layoffs despite 30% opex cut target, say Petronaswww.kinibiz.comDeparting chief executive officer Shamsul Azhar Abbas says the stat …

Think-Tank: Forest City may halve fish production Joprec presents its feedback to the DOE on the project’s DEIA report. Think-Tank: Forest City may halve fish production Malaysiakini’s Facebook Wall

Petroliam Nasional Bhd’s (Petronas) profit after tax plunged 27% for the full financial year 2014 (FY14) to RM47.6 billion, partly due to RM22.6 billion impairments and collapse of crude oil prices. Petronas' earnings fall 27% on RM22 bil write-offwww.kinibiz.comPetroliam Nasional Bhd's (P …

Petronas has decided to delay its FID (final investment decision) on the RM100 billion liquefied natural gas project in British Columbia at least until June this year, said outgoing CEO Shamsul Azhar Abbas at a press conference. Petronas delays decision on RM100 bil Canadian projectwww.kinibiz.comPe …

CIMB Group reported on Friday a more-than-75% fall in fourth-quarter net profit, dragged down by higher corporate banking loan impairments at home and in neighbouring Indonesia. CIMB Q4 profit falls over 75% on high loan impairmentswww.kinibiz.comCIMB Group Holdings Bhd, Malaysia's second-large …

Malaysia is willing to work with Singapore to become part of a regional oil pricing area, including offering land for storage the island state lacks, the head of a Malaysian state body coordinating a major new oil hub said. M'sia willing to work with S'pore on regional oil pricingwww.kinib …

Be wary of EIA loophole, rep urges DOE Tan Hong Pin urges the dept to be alert to those who split up large projects. Be wary of EIA loophole, rep urges DOE Malaysiakini’s Facebook Wall

Samsung Electronics Co will unveil its next smartphones this weekend, with the focus on whether they can draw customers from Apple Inc. The real question may be whether the phones can pull customers from Qualcomm Inc and Sharp Corp. Samsung to challenge Qualcomm with Galaxy S6www.kinibiz.comSamsung …

No water rationing in Selangor, assures Azmin I don't want water rationing to be implemented like last year, he says. No water rationing in Selangor, assures Azmin Malaysiakini’s Facebook Wall

VIDEO | KiniTV :Malaysia could lose nearly all of its fish production in south-west Johor if reclamation works like the one in the Forest City project is allowed to proceed, warned the Johor Pakatan Rakyat Research Centre (Joprec). Think-Tank: Forest City may ruin fish productionwww.kinitv.comKiniNe …

Star Publications to change name to Star Media Group The proposal is subject to the approval of shareholders at the forthcoming AGM. Star Publications to change name to Star Media Group Malaysiakini’s Facebook Wall

Apparel retailer Gap Inc forecast a drop in profit for its year ending January 2016, citing a strong dollar and merchandise delays due to labour issues at US West Coast ports. Gap forecasts drop in full-year profitwww.kinibiz.comApparel retailer Gap Inc forecast a drop in profit for its year ending …

Penang recorded investments worth RM8.2 billion last year, a 109% increase over the 2013′s volume, Chief Minister Lim Guan Eng said. Penang records 109% increase in investmentswww.kinibiz.comPenang recorded investments worth RM8.2 billion last year, a 109% increase over the 2013's volume, Chief …

Video | KiniTV: Penang state exco member Afif Bahardin is the latest in a piling list to be investigated under the Sedition Act over his statement on the Federal Court's verdict with regard to PKR de facto leader Anwar Ibrahim. Penang exco latest to fall into Sedition dragnetwww.kinitv.comKiniN …