1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- As Malaysia is at a critical point in its green energy transition, energy storage is key to the transformation as it allows for effective management of renewable energy (RE) and supports the development of a sustainable, low-carbon future, said Citaglobal Bhd.
1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- Tenaga Nasional Bhd (TNB) is expected to see continuous stable returns from its hydropower plants following the implementation of the Hydro Life Extension Programme (HLEP), according to RHB Investment Bank Bhd (RHB IB).
1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- Gamuda Bhd, together with two Taiwanese-based companies, MiTAC Information Technology Corp and Dong Pi Co, Ltd, have secured a RM4.3 billion turnkey design and build contract for the Xizhi Donghu Mass Rapid Transit (MRT) project in Taiwan.
1y ago
By M. Saraswathi
KUALA LUMPUR, Oct 22 (Bernama) -- For a utility company such as Tenaga Nasional Bhd (TNB), a solid financial position, underpinned by a healthy balance sheet, low debt, and strong cash flow, enables it to allocate capital towards infrastructure upgrades, research and development, and operational improvements that benefit end consumers.
1y ago
KUALA LUMPUR, Oct 21 (Bernama) -- Budget 2025 sets a solid foundation to achieve growth of between 4.5 per cent and 5.5 per cent, providing a strong framework for the upcoming 13th Malaysia Plan (13MP), as 2025 marks the final year of the 12MP, said Malaysian Rating Corporation Bhd (MARC).
1y ago
KUALA LUMPUR, Oct 21 (Bernama) -- The government’s multi-pronged strategy demonstrates a focus on fiscal consolidation while supporting economic growth and maintaining social safety nets, said the Malaysian Institute of Economic Research (MIER).
1y ago
KUALA LUMPUR, Oct 21 (Bernama) -- CIMB Securities Sdn Bhd foresees minimal impact from the proposed hikes in minimum wages to RM1,700 and foreign worker levies on the local infrastructure supply chain.
1y ago
KUALA LUMPUR, Oct 20 (Bernama) -- Bizapp Ventures Sdn Bhd (BIZAPP) and Selangor Menteri Besar (Incorporated) (MBI) have signed a Memorandum of Cooperation, aimed at empowering 50,000 Micro, Small, and Medium Enterprises (MSMEs) in Selangor to transition to digital operations, over the next five years.
1y ago
KUALA LUMPUR, Oct 19 (Bernama) -- Budget 2025 emphasised people-centric infrastructure and sustainability that aligned with global real estate trends such as green building practices and transit-oriented developments, said Knight Frank Malaysia.
1y ago
KUALA LUMPUR, Oct 19 (Bernama) -- The tabling of Budget 2025 by Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim in Parliament yesterday reflected the government’s sustained commitment to fiscal responsibility and equitable growth while bolstering Malaysia’s resilience against global uncertainties, said Khazanah Nasional Bhd.
1y ago
KUALA LUMPUR, Oct 19 (Bernama) -- Budget 2025 is a step towards accelerating Malaysia’s clean energy transition and the company is eager to participate in the Kenyir Floating Hybrid Solar Farm, said Solarvest Holdings Bhd.
1y ago
By Karina Imran
KUALA LUMPUR, Oct 18 (Bernama) -- Financial institutions viewed Budget 2025 as a positive step towards achieving a sustainable, inclusive economy while maintaining fiscal responsibility and social justice.