6m ago
KUALA LUMPUR, Nov 29 (Bernama) -- Bursa Malaysia’s main index failed to sustain the brief gains observed in the mid-afternoon session to end the day in the red, as selling in selected heavyweights mainly in utility and logistics counters intensified in the final hour of trading.
6m ago
By M. Saraswathi
KUALA LUMPUR, Nov 26 (Bernama) -- Incentive-Based Regulation (IBR), a bold transformation for Malaysia’s energy sector, is a framework used by regulators to determine efficient costs and their recovery for electricity supply and services.
6m ago
KUALA LUMPUR, Nov 28 (Bernama) -- Tenaga Nasional Bhd’s (TNB) net profit almost doubled to RM1.58 billion in the third quarter ended Sept 30, 2024 (3Q 2024) from RM856.20 million in the same quarter last year, thanks to gains in foreign exchange translation, higher electricity sales and improved operational performance.
6m ago
KUALA LUMPUR, Nov 27 (Bernama) -- Bursa Malaysia finished slightly higher on Wednesday as gains in utility stocks helped offset selling pressure in the plantation sector.
6m ago
KUALA LUMPUR, Nov 27 (Bernama) -- Blackstone and Santander Corporate & Investment Banking have reached an agreement under which funds managed by Blackstone Credit & Insurance (BXCI) will acquire interests in a US$1 billion portfolio of high-quality infrastructure loans from Santander. (US$1=RM4.45)
6m ago
KUALA LUMPUR, Nov 27 (Bernama) -- Malaysia’s Producer Price Index, which measures the price changes of goods at the producer level, fell by 2.4 per cent in October 2024, said the Department of Statistics Malaysia (DOSM).
6m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 22 (Bernama) -- Bursa Malaysia recouped earlier losses to close marginally higher on Friday, buoyed by persistent buying in selected heavyweights led by Tenaga Nasional, amid the mostly upbeat performance in regional bourses.
6m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 21 (Bernama) -- Bursa Malaysia ended at its intraday low today, following a downturn in regional markets.
7m ago
KUALA LUMPUR, Nov 21 (Bernama) -- Tigo Energy Inc (Tigo), an intelligent solar and energy software solutions provider, has announced plans to present on advanced solar safety technology with regional equipment distribution leader, Solar Hive, at an event in Kuala Lumpur on Nov 25.
7m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 21 (Bernama) -- WCT Bhd, the engineering and construction division of WCT Holdings Bhd (WCT), has bagged the International Achievement Award at the Malaysian Construction Industry Excellence Awards (MCIEA) 2024 for its outstanding completion of the Lusail Development Project in Doha, Qatar.
7m ago
KUALA KANGSAR, Nov 19 (Bernama) -- Palm oil mills in the country have been urged to use artificial intelligence (AI) technology for palm oil processing, thus reducing cost and increasing revenue.
7m ago
KOTA KINABALU, Nov 18 (Bernama) -- The Sabah government is encouraged to hold at least 30 per cent equity in domestic investment projects to empower the economy of the state, said Datuk Ewon Benedick (PH-Kadamaian).