Budget 2025: Be supportive of OGSE sector to continue growth trajectory - MPRC

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KUALA LUMPUR: Malaysia Petroleum Resources Corporation (MPRC) is optimistic the tabling of Budget 2025 will create a supportive environment for the oil and gas services and equipment (OGSE) sector to continue its growth trajectory following its recovery from recent challenging years.

About 70 per cent of the OGSE sector are SMEs and require greater support to manage resource constraints due to their size,” said Mohd Yazid.

"It is getting difficult for industry players to get funding and financing when people are moving towards green energy.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Corporate News TVET Syed Saggaf Syed Ahmad MOGSC MPRC /Business/Business News Budget 2025

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-16 @ 13:52:00 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 667 words

Reading Time: 4 minutes read

Sentences: 32 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 23083238

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 33 posts per day

Year Established: 1971

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