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By Nik Nurfaqih Nik Wil
JAKARTA, July 23 (Bernama) -- Indonesia’s newly established export entity Danantara Sumberdaya Indonesia (DSI) is expected to have only a limited near-term impact on the country’s economy and commodity export market, easing concerns over major changes to strategic commodity exports.
KUALA LUMPUR, July 23 (Bernama) -- Advanced seismic interpretation technology provider Eliis has signed a joint industry project agreement (JIPA) with Petroliam Nasional Bhd (Petronas) to collaborate on the deployment of PaleoScan technology and joint geoscience research and development initiatives in Malaysia.
SIBU, July 22 (Bernama) -- Sarawak Premier Tan Sri Abang Johari Tun Openg today announced that Petroleum Sarawak Bhd (Petros) has achieved first oil at the Adong Kechil West (AKW) field near Marudi, marking the return of onshore oil production in Sarawak after more than 50 years.
KOTA KINABALU, July 22 (Bernama) -- The Sapangar Bay Container Port (SBCP) expansion project has reached 62.75 per cent completion as of June and is now expected to be completed by October 2027 following delays caused by difficulty in securing sand supply that meets specifications.
KUALA LUMPUR, July 22 (Bernama) -- Escalating geopolitical risks in West Asia are causing the retail prices of unsubsidised petrol and diesel to rise from July 23 to July 29, 2026, according to the Ministry of Finance (MOF).
KUALA LUMPUR, July 22 (Bernama) -- Orkim Bhd’s wholly-owned subsidiary, Orkim Ambition Sdn Bhd, has entered into a Memorandum of Agreement with ALLContinents International Shipping Ltd for the proposed acquisition of an IMO Type II oil/chemical tanker for 157 million renminbi (about RM94.88 million).
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 22 (Bernama) -- The spike in crude oil prices helped lift the ringgit, which finished higher against the US dollar and other major currencies at today's close.
KUALA LUMPUR, July 22 (Bernama) -- Eco-shop Marketing Bhd’s net profit rose to RM264.56 million in the financial year ended May 31, 2026 (FY2026) compared with RM205.03 million registered in FY2025.
KUALA LUMPUR, July 22 (Bernama) -- United Plantations Bhd's net profit for the second quarter ended June 30, 2026 (2Q FY2026) declined to RM194.00 million, compared with RM249.38 million recorded in the same quarter last year.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, July 22 (Bernama) -- While the Brent crude oil price hike would harm the global market, some heavy indexes of artificial intelligence (AI) and semiconductor beneficiaries are still attracting flows, creating a sharp split beneath the surface, an analyst said.
KUALA LUMPUR, July 22 (Bernama) -- DEEP Robotics, a global embodied intelligence leader, displayed its full robot portfolio, six industrial solutions and two exclusive original robots at the 2026 WAIC in Shanghai, attracting strong interest from the heavy industry sector.
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, July 22 (Bernama) – Market intelligence company Kpler’s senior crude oil analyst Muyu Xu has warned that crude oil prices can climb above US$100 per barrel and even spike to US$120 due to acute supply constraints if the war between the United States and Iran in West Asia persists for another one or two weeks.
