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Two oil & gas MNCs plan to shift Asean HQs to KL

As Europe's top oil companies make deeper retrenchments due to slumping oil prices, their generous dividend policies are coming under closer scrutiny.

Kuala Lumpur

THE collapse in oil prices may be hurting government revenues and the economy but there is a silver lining: Two oil and gas companies are planning to relocate their Asean headquarters in Kuala Lumpur because of its cost competitiveness and talent pool, revealed the state...