Petronas Pays RM32 Billion Dividend Despite Profit Drop, US & EU Strengthen Trade Ties, Singapore Tycoon Faces Boardroom Coup

Stay informed with the top morning news stories covering Malaysia, international developments, and Asia’s key business updates.

🇲🇾 Malaysia News:

📌 Petronas to Pay RM32 Billion in Dividends Despite Profit Drop
Petronas has reaffirmed its commitment to paying RM32 billion in dividends to the government, despite a 32% decline in net profits for 2024. The national oil company reported RM55.1 billion in earnings, citing lower global crude oil prices as a major factor.

🌍 International News:

📌 US & EU Introduce New Trade Policies to Strengthen Economic Ties
The United States and the European Union are implementing new trade policies aimed at stabilizing global supply chains and fostering stronger economic partnerships. These measures are expected to enhance market confidence and boost international trade relations.

🌏 Asia News:

📌 Singapore Tycoon Kwek Leng Beng Accuses Son of Boardroom Coup
In a major corporate dispute, Hong Leong Group chairman Kwek Leng Beng has accused his son, Sherman Kwek, of attempting to seize control of the company. The boardroom tension has sparked investor concerns, drawing regulatory attention to one of Singapore’s most influential family businesses.

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