Can Petronas Dividends Keep Up For The Government?

Kong Ho Meng, Senior Analyst, UOB Kay Hian Research

01-Sep-23 07:30

Can Petronas Dividends Keep Up For The Government?

Pause
Embed

The national oil company Petronas released its second-quarter results on Wednesday, posting weaker earnings due to lower oil and gas prices. Petronas’s CEO said that oil and gas prices will remain volatile amid an uncertain global economy, but the company will press ahead with its plan to become a net-zero carbon country by 2050. We speak to Kong Ho Meng, Senior Analyst at UOB Kay Hian Research to dissect the numbers and get an outlook for the energy sector.

Image Credit: Shutterstock

Produced by: Yeong Yeng Yee

Presented by: Wong Shou Ning, Philip See, Mark Tan

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories: economy, markets, environment

Tags: petronas, oil and gas, net zero carbon,

Today’s Shows

11:00 AM

Best of Enterprise

(REPEAT) Dr. Carmelo Ferlito, CEO of the Center for Market Education, joins us to break down the flawed logic behind the U.S. tariff calculations, the broader risks of a global trade war, and what Malaysian businesses and policymakers should do in response.

12:00 PM

Just For Kicks

(REPEAT) Kam and his pundits break down the midweek European action, as well as look ahead to Matchweek 32 of the EPL.

1:00 PM

A Bit of Culture

(REPEAT) Kam and his trusted sidekicks, Dhanya Nair and Julian Yap get together again to talk about what Kam has learned after publishing his new book, how do you know you’re an adult and the joy of missing out!

2:00 PM

Ringgit & Sense

(REPEAT) Ringgit and Sense producer Jake Lim speaks to Jennifer Chua, licensed Financial Advisor at UOB Kay Hian to discuss what’s involved in planning for your parents’ aged care.

2:30 PM

The Property Show

(REPEAT) Siva Shanker, the CEO of Real Estate Agency of Rahim & Co International takes us through his observations of 2024, the first quarter of 2025 and how the rest of this year might shape up in the property world.

3:00 PM

Best of The Bigger Picture

(REPEAT) Professor Jomo Kwame Sundaram breaks down the effect of Trump’s tariffs on neoliberalism and the dollar dominance.

4:00 PM

Best of Evening Edition

(REPEAT) Malaysian poet Jack Malik talks about the evolution of Malaysian poetry and how our multilingualism and rich cultural history shape the art form.

5:00 PM

BBC World Service

BFM presents the BBC World Service, which provides in-depth coverage of issues from around the world.

PROGRAMMES