◉ HEADLINES

FY2024

Petronas awaits clarity on collaboration with Sarawak’s Petros

National oil firm emphasises careful approach to working arrangements amid federal-state talks

Petronas’ profit drops 32% to RM55.1 bil for FY2024 due to unfavourable prices

Another contributing factor was national oil firm’s divestment of the Engen Group amidst unfavourable foreign currency exchange

Petronas Dagangan records stronger FY2024 performance, declares 45 sen dividend

Special dividend of 20 sen per ordinary share for the quarter ended Dec 31, 2024 also announced

◉ Popular

Worrying number of youth spending 18 hours on social media daily: MCMC 

The Malaysian Communications and Multimedia Commission has drawn attention to the substantial number of young individuals who spend extended periods online, expressing concerns about harmful aspects of specific social media platforms. 

Penang’s shores in peril: a deadly mix of climate change and coastal development”

Rising sea levels, erratic weather, and unchecked development are driving coastal erosion to alarming new heights in Penang, threatening both nature and livelihoods.

PayNet confirms DuitNow QR code transaction fee for merchants starting Oct 1

In a statement on the matter, PayNet, the operator of DuitNow QR, clarified that the fee follows the lifting of a waiver on the merchant discount rate, which is charged based on a percentage of the payment transaction value.