Malaysia Appreciates France's Support For Energy Transition Mission

From Arul Rajoo Durar Raj

PARIS, July 4 (Bernama) -- Malaysia appreciates France's support for the country's energy transition and economic transformation mission.

MYStartup Accelerator Channels RM5.5 Mln Into Local Startups

KUALA LUMPUR, July 4 (Bernama) -- Cradle Fund Sdn Bhd’s MYStartup Accelerator has facilitated nearly RM5.5 million in investments over five cohorts, underscoring its role in strengthening Malaysia’s startup ecosystem and advancing the country’s position as a regional innovation hub.

Bursa Malaysia Closes Mixed

By Zarul Effendi Razali

KUALA LUMPUR, July 3 (Bernama) -- Bursa Malaysia ended mixed today, with the benchmark index curtailing its recent rally as continued selling in selected heavyweights -- led by Tenaga Nasional -- limited gains, an analyst said.

TNB Shares Hit By Federal Court Ruling

KUALA LUMPUR, July 3 (Bernama) -- Tenaga Nasional Bhd’s (TNB) shares on Bursa Malaysia were hit in early trading today following the Federal Court’s decision to allow the Inland Revenue Board of Malaysia’s (IRB) appeal over an additional tax assessment notice issued to the company for the 2018 assessment year.

Samaiden's Land Acquisition Signals Long-term Solar Ambition -- MIDF

KUALA LUMPUR, July 2 (Bernama) -- Samaiden Group Bhd’s recent acquisition of two parcels of agricultural land in Teluk Intan, Perak, underscores its strategic intent to capitalise on Malaysia’s long-term renewable energy growth, said MIDF Amanah Investment Bank Bhd (MIDF).

Hyrax Oil Named Sole Distributor For Ergon Malaysia

KUALA LUMPUR, June 30 (Bernama) -- Hyrax Oil Sdn Bhd, a leading Malaysian producer of lubricants and transformer oils, has been appointed the sole distributor of ester-based transformer oils by Ergon Oil (Singapore) Pte Ltd, a regional subsidiary of United States-based specialty oil firm Ergon Inc.

Bursa Malaysia Continues Positive Momentum To Open Higher

KUALA LUMPUR, June 30 (Bernama) -- Bursa Malaysia extended last week's gains to open higher on Monday, supported by continuous buying in selected heavyweights as investors remain positive on the economic outlook, analysts said.

FBM KLCI Ends Morning Session Higher

KUALA LUMPUR, June 23 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) ended the morning session higher today, buoyed by renewed buying interest in selected blue chips, despite cautious sentiment amid heightened geopolitical tensions.

New Electricity Tariff: Over 23.6 Mln Domestic Users In Peninsular Malaysia To Enjoy Fairer Rates

KUALA LUMPUR, June 20  (Bernama) -- More than 23.6 million domestic users in Peninsular Malaysia will benefit from fairer and more progressive electricity rates due to the newly approved electricity tariff schedule approved by the government, the Energy Commission (EC) announced today.

Bursa Malaysia Lower At Midday On Lack Of Positive Sentiment

KUALA LUMPUR, June 19 (Bernama) -- Bursa Malaysia extended its downtrend to close the morning session lower at midday as profit-taking continued amidst a lack of positive market sentiment, analysts said. 

Malaysia's Data Centre Sector Remains Positive -- MIDF Amanah

KUALA LUMPUR, June 19 (Bernama) -- Malaysia's data centre sector remained positive amid a recent report alleging that Chinese firms were training their artificial intelligence (AI) models at a data centre here that is powered by Nvidia chips, said MIDF Amanah Investment Bank Bhd.

TNB Earmarks RM43 Bln To Upgrade National Grid With AI, Battery Storage Systems -- PM Anwar

KUALA LUMPUR, June 16 (Bernama) -- National utility company Tenaga Nasional Bhd has committed RM43 billion to upgrade the national grid infrastructure, said Prime Minister Datuk Seri Anwar Ibrahim.