Petronas has posted an 8% increase in its net profit, on the back of a weaker ringgit against the USD, and lower average realised prices for both petroleum products and liquefied natural gas

Another GLC, Khazanah Nasional has announced it will offload its entire stake in PT Lintas Marga Sedaya, which holds and operates one of the longest toll roads in Indonesia. We speak to Jayant Menon, Lead Economist at Asian Development Bank for more insights.