Petronas, MCMC, and US-China Trade Talks: Top News Summary for June 7, 2025

Petronas Undergoes Operational Review Amidst Industry Challenges National oil company Petronas announced today that it is conducting a thorough review of its operations. This comprehensive assessment will cover assets, processes, spending, and workforce to ensure the company remains competitive and prepared for the future. While the details of the review remain undisclosed, the move suggests a proactive approach to navigating the evolving energy landscape. MCMC Reassures Public on Mobile Phone Data Privacy Concerns have been raised recently about the collection of mobile phone data (MPD). The Malaysian Communications and Multimedia Commission (MCMC) has issued a statement clarifying that this data is used strictly for generating official statistics to support evidence-based policymaking. "The MPD data requested from MNOs is anonymised and contains no Personally Identifiable Information (PII)," said an MCMC spokesperson, emphasizing the protection of user privacy. US and China to Hold Trade Talks in London In a significant development, the United States and China are set to hold talks in London this coming Monday to resolve ongoing trade disputes. This follows months of tension between the two economic giants. While the specific agenda remains unclear, the meeting signifies a renewed effort to find common ground and address outstanding trade issues. A successful outcome could have significant implications for global markets.