1y ago
KUALA LUMPUR, Jan 9 (Bernama) -- The implementation of diesel subsidy rationalisation is expected to provide annual savings of between RM7.2 billion and RM7.5 billion, up from the RM4 billion in savings projected last year, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
1y ago
KUALA LUMPUR, Jan 7 (Bernama) -- Petroliam Nasional Bhd (Petronas), through Malaysia Petroleum Management (MPM), in collaboration with Beicip Franlab Asia, has embarked on an integrated basin study to explore untapped resources in the Malay Basin, located off the coast of Peninsular Malaysia.
1y ago
KUALA LUMPUR, Jan 3 (Bernama) -- The Malaysian Rubber Board (MRB) has announced that the Rubber Production Incentive (IPG) for cuplump and latex has not been activated for December 2024 in Peninsular Malaysia, Sabah dan Sarawak.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Dec 27 (Bernama) -- Bursa Malaysia extended its bullish momentum for the fourth consecutive day on Friday to end the Christmas trading week on a merry note, driven by window-dressing activities and robust growth forecasts, said an analyst.
1y ago
KUALA LUMPUR, Dec 27 (Bernama) -- RHB Investment Bank Bhd (RHB IB) is positive on Tenaga Nasional Bhd's (TNB) three-year Regulatory Period 4 (RP4) announcement, as the higher allowed operating expenditure (opex) could support the planning and execution of necessary operational and maintenance activities for all of the utility company's electrical infrastructure.
1y ago
KUALA LUMPUR, Dec 27 (Bernama) -- Tenaga Nasional Bhd's (TNB) shares surged in early trade on Friday after announcing a new tariff schedule for Peninsular Malaysia under Regulatory Period 4 (RP4).
1y ago
KUALA LUMPUR, Dec 26 (Bernama) -- The new tariff schedule with a base tariff of 45.62 sen per kilowatt-hour for Peninsular Malaysia under Regulatory Period 4 (RP4) is proposed to be implemented starting July 1, 2025, Tenaga Nasional Bhd said today.
1y ago
PUTRAJAYA, Dec 23 (Bernama) -- VentureTECH Sdn Bhd (VentureTECH) and MTC Orec Sdn Bhd (MTC Orec) have formed strategic partnerships to accelerate the development of MTC Orec's biomethane plants, reinforcing both companies' commitment to sustainable growth and renewable energy innovation.
1y ago
KUALA LUMPUR, Dec 21 (Bernama) -- The Federation of Malaysian Manufacturers (FMM) welcomes the government’s decision to maintain the Imbalance Cost Pass-Through (ICPT) surcharge at 16 sen per kilowatt hour (kWh) for the first half of 2025.
1y ago
KUALA LUMPUR, Dec 20 (Bernama) -- Malaysia’s inflation rate for November 2024 has decreased to 1.8 per cent, down from 1.9 per cent in October this year, the first decline since August 2021, according to the Department of Statistics Malaysia (DOSM).
1y ago
KUALA LUMPUR, Dec 18 (Bernama) -- Solar renewable energy specialist Northern Solar Holdings Bhd aims to raise RM42.4 million through its initial public offering (IPO) in conjunction with its listing on the ACE Market of Bursa Malaysia.
1y ago
By Jailani Hasan
LABUAN, Dec 6 (Bernama) -- The Malaysian National Association of Employment Agencies (PIKAP), representing key foreign labour employment agencies in the country, has signed a memorandum of understanding (MoU) with Neurogine Sdn Bhd to initiate cross-border remittance programmes.