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1-10 results from 1000 for query «oil»

July 17, 2018 9:56 AM Mahathir selling snake oil SST

On criticism of the sales and services tax rate of 10% for sales and 6% for services, he said people did not need to pay if they were not purchasing items. “Compared to the GST (goods and services tax), it is a value-added tax. Whether a person buys items or not, the price of goods will increase.” GST – price rises whether people buy or not – why not “people 3

July 13, 2018 9:38 AM Bursa Malaysia ends higher for 5th consecutive day

KUALA LUMPUR: Persistent buying interest in index-linked counters and small capitalisation stocks against a backdrop of positive market sentiment spurred Bursa Malaysia to close stronger for the fifth consecutive trading. At 5pm the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) finished at the intra-day high of 1,721.93, up 18.36 points, from yesterday's 9

July 13, 2018 7:40 AM Wanted man shot for attacking policemen

SHAH ALAM: A policeman shot a wanted man in the right thigh after he attempted to attack policemen with a knife in Sabak Bernam, early today. Sabak Bernam District Police chief Supt Nor Azmi Isa said the incident took place on Jalan Panchang Bedena at 2.45am after the 37-year-old man, wanted for criminal intimidation, started to run away upon seeing 9

July 11, 2018 4:05 PM Now, only one licence required for oil & gas exploration, prospecting and mining in Sarawak

PETALING JAYA: The Sarawak State Assembly has passed the Oil Mining (Amendment) Bill 2018 which requires only one licence for exploration, prospecting and mining of oil and gas, a move which Sarawak feels will encourage more investments into the state. According to the Hansard of that day’s sitting, Sarawak Deputy Chief Minister Datuk Amar Awang Tengah 6

July 7, 2018 9:34 AM Sabah to focus on downstream industries development

PAPAR: The Sabah government will focus on the development of downstream industries to create more jobs for the people. Chief Minister Datuk Seri Mohd Shafie Apdal said towards that end, the government would strive to industrialise the state by capitalising on existing resources. "If we just export (for example) palm oil but there's no downstream industry 10

July 6, 2018 10:06 AM Over 100 firefighters battle raging oil tank fire

KEMAMAN: More than 100 firefighters are battling a raging fire, described as the biggest in Terengganu for years, that has destroyed two huge crude oil tanks and spread to a third 16 hours after it started at the Kemaman Bitumen Company (KBC). Four people were injured by the blaze at the KBC in the Teluk Kalong Industrial Area, according to Terengganu 7

July 6, 2018 6:50 AM MISC secures RM1.78b long-term FSO charter contract

PETALING JAYA: MISC Bhd has signed a long-term charter contract with Hess Exploration and Production Malaysia B.V. for the lease of a floating, storage and offloading facility (FSO) known as FSO Mekar Bergading on a bareboat basis, for a contract value of US$441 million (RM1.78 billion). "The contract is pursuant to a sale and charter agreement in respect 13

July 5, 2018 4:50 PM Crude oil tank on fire

KEMAMAN: Two crude oil tanks of the Kemaman Bitumen Company (KBC) at the Teluk Kalong industrial area, near here were on fire in an incident at 6.15pm today. A witness, Ahmad Aliff Azizi Ahmad Mokhtar, 26, said he could feel the tremor from the explosion caused by the fire at the tanks located at Bukit Kuang, about four kilometres from his house 13

July 5, 2018 1:14 PM Exports in May up 3.4% to RM82.1b year on year

PETALING JAYA: Malaysia’s exports grew 3.4% to RM82.1 billion in May, outpacing imports, which increased only 0.1% to RM74 billion, on a year-on-year basis said the Department of Statistics. “Exports in May 2018 valued at RM82.1 billion, continued to surpass the RM80 billion mark, increasing by 3.4% from a year ago. Re-exports were valued at RM16.3 billion 13

July 5, 2018 2:55 AM A taste of country flavours

THE DATE that Country Barn Pub & Restaurant opened in USJ Sentral coincided with our 14th General Election. It was almost like an omen of a new beginning for owner-cum-cook Jeffrey Bhagwan. Taiping-born Jeffrey worked in the automotive industry for decades, but always relished the idea of opening his own little restaurant cum pub. He admitted that getting 5