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Jiangsu Completes Key Winter Peak Load Projects, Boosting 2024 Power Supply

KUALA LUMPUR, Dec 23 (Bernama) -- The capacity expansion project of the main transformer at the 500-kilovolt (kV) Shangdang Substation in Zhenjiang, Jiangsu Province, was officially put into operation on Dec 16.

Airbus, Rolls-royce Step In To Resolve Malaysia Airlines' Grounded A330neo

By Kisho Kumari Sucedaram

KUALA LUMPUR, Dec 23 (Bernama) -- Airbus has pledged full support to Malaysia Airlines as the carrier faces a 48-hour grounding of its new Airbus A330neo (new engine option), following its inaugural flight to Melbourne on Dec 19.

Bursa Malaysia Rises on Wall Street Optimism

By Anas Abu Hassan

KUALA LUMPUR, Dec 23 (Bernama) -- Bursa Malaysia opened higher on Monday, buoyed by improved sentiment following Wall Street's strong performance last week, an analyst said.

Palm Oil Market Faces Uncertainties Amid Weather Challenges, Supply Constraints

KUALA LUMPUR, Dec 20 (Bernama) -- Malaysian Rating Corporation Bhd (MARC Ratings) anticipates the palm oil market to continue to face significant uncertainties heading into 2025, with supply-side challenges exacerbated by adverse weather conditions and a slower replanting pace.

BMI Forecasts Rising Global Natural Gas Demand In The Near Term

KUALA LUMPUR, Dec 6 (Bernama) -- BMI, a Fitch Solutions company, has forecast global natural gas consumption to rise in the near term as the Northern Hemisphere winter approaches, supported by strong demand for liquefied natural gas (LNG) across all markets.

Cypark, Terengganu Inc To Develop Hybrid Hydro Floating Solar Plant At Tasik Kenyir

KUALA LUMPUR, Dec 6 (Bernama) -- Cypark Resources Bhd and Terengganu Inc Sdn Bhd have entered into a partnership to develop a 500 megawatt (MW) hybrid hydro floating solar (HHFS) plant at Tasik Kenyir, Terengganu. 

BMI Lowers 2025 Brent Crude Annual Average Price To US$76 Per Barrel

KUALA LUMPUR, Dec 6 (Bernama) -- BMI, a unit of Fitch Solutions, revised downward its annual average of US$76 per barrel for Brent crude in 2025, down from US$78 per barrel previously.

UOB: ASEAN-6 To Outpace Global GDP Growth In 2025 Amid Supply Chain Shifts, Investment Opportunities

KUALA LUMPUR, Dec 5 (Bernama) -- United Overseas Bank (UOB) forecasts that ASEAN-6 economic growth will reach 4.8 per cent in 2025, surpassing the projected global average gross domestic product (GDP) growth of 3.2 per cent.

Cogeneration Systems Boost Energy Efficiency By Over 70 Pct, Support Sustainability

KUALA LUMPUR, Dec 4 (Bernama) -- Cogeneration systems, which simultaneously produce electricity and useful heat from the same energy source, can boost energy efficiency by more than 70 per cent, resulting in substantially saving energy costs and contributing to long-term environmental sustainability.

CPO Futures End Higher, Seeking Support At RM5,000 Per Tonne

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 3 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today, with the futures trying to find support at the RM5,000 a tonne level.

CPO Futures End Higher, Seeking Support At RM5,000 Per Tonne

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 3 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today, with the futures trying to find support at the RM5,000 a tonne level.

Banking Stocks Drag Bursa Malaysia Below 1,600 Level

KUALA LUMPUR, Nov 28 (Bernama) -- The fall in shares of banking heavyweights weighed heavily on Bursa Malaysia, causing the index to slip below the crucial 1,600 mark.