Democracy Index

Thailand’s democracy ranking drops 8 spots

Thailand's ranking in the 2023 Economist Intelligence Unit (EIU) Democracy Index dropped eight spots to 63rd due to concerns about military influence in its elections.

Malaysia holds firm at 40th spot in global Democracy Index

Malaysia has kept its 40th spot in the Economist Intelligence Unit’s global Democracy Index 2023 with an overall score of 7.29 and is the highest-ranked country in Southeast Asia.

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Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

FashionValet a loss-making entity before and after Khazanah, PNB’s RM47 mil investment

GLICs bought stakes in 2018, company records show total RM103.3 million losses after tax from 2017 to 2022

[UPDATED] Petronas confirms ongoing productivity reviews to ‘eliminate inefficiencies’

Responding to Scoop, industry giant said it aims to become ‘operationally focused, commercially agile and cost-efficient’, but did not clarify if it is linked to Petros deal