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Govt To Announce New Programme To Replace NEM 3.0

KUALA LUMPUR, Aug 6 (Bernama) -- The government is currently reviewing the Net Energy Metering (NEM) programme and is expected to announce a new scheme this month, in line with the revised electricity tariff structure to ensure a more equitable distribution of energy subsidies.

Paramount Expects Full Take-up For Embun Hills Project

BUKIT MERTAJAM, Aug 3 (Bernama) -- Paramount Corp Bhd's unit, Paramount Property (Utara) Sdn Bhd is confident its newly-launched project here, Paramount Embun Hills, will be fully taken up, given the project’s strategic location and design. 

RM430 Bln Under 13MP To Boost Malaysia’s Construction, Infrastructure Sectors - CIMB

KUALA LUMPUR, July 31 (Bernama) -- Malaysia’s construction and infrastructure sectors are set to benefit significantly from the 13th Malaysia Plan (13MP), which allocates RM430 billion for development expenditure (DE) from 2026 to 2030, according to CIMB Investment Bank Bhd.

13MP Strategic Plans To Boost HGVH Industries, Strategic Sector Growth

KUALA LUMPUR, July 31 (Bernama) -- The government will vigorously implement key strategic plans within the 13th Malaysia Plan (13MP) framework to boost growth in high-growth, high-value (HGHV) industries and key strategic sectors.

PT Bank CIMB Niaga Reports Consolidated Pre-Tax Profit Of IDR4.4 Trillion In 1H2025

KUALA LUMPUR, July 30 (Bernama) -- PT Bank CIMB Niaga Tbk has reported an unaudited consolidated pre-tax profit of IDR4.4 trillion in the first half of 2025 ended June 30, 2025 (1H2025), translating to an earnings per share of IDR137.43

New Cost Adjustment Mechanism Ensures More Transparency In Electricity Tariff Reviews - Fadillah

KUALA LUMPUR, July 29 (Bernama) -- The Automatic Fuel Adjustment (AFA), the new adjustment mechanism for electricity tariffs in Peninsular Malaysia, is aimed at ensuring tariff reviews are more transparent and in line with the global fuel market reality, according to Deputy Prime Minister Datuk Seri Fadillah Yusof.

Camaroe Inks Underwriting Agreement With M&A Securities For ACE Market IPO

KUALA LUMPUR, July 29 (Bernama) -- Camaroe Bhd has inked an underwriting agreement with M & A Securities Sdn Bhd for its initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd.

CCGT Plant To Complement Solar Intermittency, Support Malaysia’s 2050 Net-Zero Goal -- Expert

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, July 28 (Bernama) -- The combined cycle gas turbine (CCGT) power plant is expected to play a vital role in addressing gaps in the power grid and complementing solar intermittency, as Malaysia works towards achieving its net-zero goals by 2050, an expert said.

Chitose Group Plans To Operate 10 Million Hectares Of Microalgae Production Facilities

KUALA LUMPUR, July 27 (Bernama) -- Chitose Group which operates the world’s largest microalgae production facility using flat-panel type photobioreactors in Kuching, Sarawak, is aiming to develop 10 million hectares of large-scale microalgae cultivation farms in Malaysia, Indonesia, India, Middle East and other potential areas, by 2050 covering a market size of US$4.2 trillion (US$1=RM4.22).

Bursa Carbon Exchange, UEM Lestra Ink MoC To Pilot First CRESS Auction

KUALA LUMPUR, July 22 (Bernama) -- Bursa Carbon Exchange (BCX), a wholly owned unit of Bursa Malaysia Bhd, has signed a memorandum of collaboration (MoC) with UEM Lestra Bhd, a wholly owned unit of UEM Group Bhd, to pilot Malaysia’s first Bilateral Energy Supply Contract (BESC) auction under the Corporate Renewable Energy Supply Scheme (CRESS).

Sarawak Showcases Global Clean Energy Leadership At IEW 2025

KUCHING, July 16 (Bernama) -- Sarawak inaugurated the sixth International Energy Week (IEW) 2025 at the Borneo Convention Centre Kuching (BCCK), reaffirming its pivotal role as a global leader in clean energy innovation amidst the worldwide shift towards sustainable energy.

Juwai IQI Projects Chinese Investment To Be Around RM30 Bln For 2025

KUALA LUMPUR, July 16 (Bernama) -- Juwai IQI expects Malaysia to see Chinese investment inflow of at least RM30 billion this year, with battery and solar component plants accounting for a larger share.