Petronas Staff Awarded One-Off Bonus
by Dow Jones Newswires
|Tuesday, April 02, 2013
KUALA LUMPUR, Malaysia - About 40,000 state-run Petroliam Nasional Bhd. employees will receive a MYR1,000 (US $324), one-time bonus, Prime Minister Najib Razak told them on Tuesday.
The bonus is "a gesture toward our nation-building efforts," a Petronas worker told The Wall Street Journal on condition of anonymity.
The bonus was confirmed by a prime minister's office spokeswoman.
Mr. Najib last month pledged annual cash handouts for the poor.
Malaysia must hold a general election by the end of June. It is predicted by experts to be the most closely contested in Malaysia's history.
Earlier on Tuesday a local news media report said Mr. Najib may dissolve the parliament as early as Wednesday.
Copyright (c) 2012 Dow Jones & Company, Inc.
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