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Petronas' RM7.3b quarterly loss deepens Malaysia's fiscal risk

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The odds are rising that Malaysia will need a second revision to its Budget, now that national oil company Petronas has posted an unexpected RM7.3 billion loss in the last quarter.

Kuala Lumpur

THE odds are rising that Malaysia will need a second revision to its Budget, now that national oil company Petronas has posted an unexpected RM7.3 billion loss in the last quarter.

The Bank of America Merrill Lynch (BoAML) said the quarterly loss adds to the fiscal...

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