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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.

CIMB Securities Overweight On Healthcare Sector Due To Its Defensive Nature

KUALA LUMPUR, June 20 -- CIMB Securities Sdn Bhd has maintained an "Overweight" call on Malaysia’s healthcare sector premised on its defensive nature and resilient demand.

Petronas Signs Production Sharing Contract For Suriname's Block 66

KUALA LUMPUR, June 18 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) subsidiary, Petronas Suriname E&P BV has inked a production sharing contract (PSC) with Staatsolie Maatschappij Suriname NV and its wholly-owned subsidiary, Paradise Oil Company NV (POC) for Block 66 offshore Suriname.

Prasarana Champions Sustainable City Living Through TOD

KUALA LUMPUR, June 18 (Bernama) -- As urban mobility becomes increasingly unsustainable amid growing populations and emissions, Prasarana Malaysia Bhd is rising to the challenge by focusing on transit-oriented development (TOD) — a model that clusters residential, commercial, and civic spaces within walking distance of public transport hubs.

RHB Islamic Inks 3-year MoU With MIDE Organiser To Champion Marine Conservation

KUALA LUMPUR, June 14 (Bernama) -- RHB Islamic Bank Bhd today signed a three-year memorandum of understanding (MoU) with AsiaEvents Exsic Sdn Bhd, the organiser of the Malaysia International Dive Expo (MIDE).

New Energy Asia To Be Sole Lotus EV Charger Distributor Across ASEAN

KUALA LUMPUR, June 13 (Bernama) — New Energy Asia Sdn Bhd, a newly established joint venture (JV) between HICOM Engineering Sdn Bhd (HESB) and Hangzhou Flash Charging New Energy Co Ltd (HFC) from China, will exclusively distribute Lotus electric vehicle (EV) chargers across ASEAN.

Telco Sector Tracks Estimates In 1Q, Kenanga Maintains 'Neutral' View

KUALA LUMPUR, June 9 (Bernama) -- Kenanga Investment Bank Bhd has maintained its “neutral” rating on the telecommunication (telco) sector after companies under its coverage delivered the first quarter of 2025 (1Q 2025) performance that largely tracked estimates.

Telcos Reassure Customer Privacy In MCMC Data Initiative

KUALA LUMPUR, June 8 (Bernama) -- Telecommunication companies (telcos) have reaffirmed their commitment to protecting customer data and privacy, following the use of mobile phone data (MPD) for official statistical purposes by the Malaysian Communications and Multimedia Commission (MCMC).

Cloudera Joins AI-RAN Alliance To Power Intelligent, AI-Driven Telecom Networks

KUALA LUMPUR, June 6 (Bernama) -- Cloudera, a hybrid platform for data, analytics and artificial intelligence (AI), has joined the AI-RAN Alliance, a global consortium focused on AI into telecommunications infrastructure.

Mavenir Partners Three UK, Red Hat To Double 5G Speeds In Open RAN Trial

KUALA LUMPUR, June 3 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, has collaborated with Three UK and Red Hat in demonstrating the performance benefits of 5G non-standalone O-RAN compliant small cells in Glasgow City Centre, doubling 5G speeds at peak times.

MyCC Seeks Public, Stakeholders Feedback On Proposed VSA Block Exemption

KUALA LUMPUR, May 27 (Bernama) -- The Malaysia Competition Commission (MyCC) has invited all interested stakeholders and the public to provide their feedback on the proposed block exemption application for vessel sharing agreements (VSAs), as outlined in its consultation document.