ADB Likely To Uphold Stance Against Financing Nuclear Power Projects

PETALING JAYA, Jan 14 (Bernama) -- The Asian Development Bank (ADB) is likely to maintain its position of not financing a nuclear power generation development project while reviewing its energy policy this year, despite the growing popularity of the alternative power source.

Bursa Malaysia Announces New Renewable Energy Subsector Classification 

KUALA LUMPUR, Jan 13 (Bernama) -- Bursa Malaysia Bhd has announced the new “renewable energy” (RE) subsector within its “energy” and “utilities” sector classifications to provide a more focused classification of public-listed companies (PLCs) operating in the RE space.

Malaysia's 2025 GDP Steady At 5 Pct - CIMB Securities

KUALA LUMPUR, Jan 13 (Bernama) -- Malaysia's gross domestic product (GDP) is expected to hold steady at five per cent in 2025, consistent with the government’s target of 4.5 to 5.5 per cent, according to CIMB Securities Sdn Bhd.

Malaysia’s IPI To Grow 3.0–4.0 Pct in 2025 – MIDF Amanah

KUALA LUMPUR, Jan 10 (Bernama) -- MIDF Amanah Investment Bank Bhd expects Malaysia’s Industrial Production Index (IPI) to sustain positive growth in 2025, projected at 3.0–4.0 per cent, following an estimated 3.4 per cent expansion in 2024.  

Malaysia's IPI Up 3.6 Pct In Nov 2024 – DOSM

KUALA LUMPUR, Jan 10 (Bernama) -- The Industrial Production Index (IPI) increased by 3.6 per cent year-on-year in November 2024, driven by sustained output growth in the manufacturing sector, according to the Department of Statistics (DOSM).

MATRADE Inks Solar PPA With Kejuruteraan Cahaya Abadi

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Jan 9 (Bernama) -- Malaysia External Trade Development Corporation (MATRADE) today signed a solar power purchase agreement (PPA) with Kejuruteraan Cahaya Abadi Sdn Bhd (KCASB) for electricity consumption savings worth RM500,000 a year.

Samaiden Shortlisted To Develop 99.99MW Large Scale Solar PV Plant In Kelantan

KUALA LUMPUR, Dec 30 (Bernama) -- Renewable energy (RE) solutions provider Samaiden Group Bhd’s (Samaiden) wholly-owned subsidiary, Samaiden Sdn Bhd (SSB), has been shortlisted for the development of a 99.99-megawatt (MW) large scale solar photovoltaic (PV) plant in Pasir Mas, Kelantan. 

Rising Electricity Costs, Green Power Initiatives To Propel Solar Adoption In 2025

KUALA LUMPUR, Dec 30 (Bernama) -- Rising electricity costs and corporate requirements to report energy-saving initiatives are set to accelerate solar adoption in 2025, driving solar engineering, procurement, construction and commissioning (EPCC) players' order books to all-time highs.

Higher Opex Under RP4 To Support TNB's Operational, Maintenance Activities - RHB IB

KUALA LUMPUR, Dec 27 (Bernama) -- RHB Investment Bank Bhd (RHB IB) is positive on Tenaga Nasional Bhd's (TNB) three-year Regulatory Period 4 (RP4) announcement, as the higher allowed operating expenditure (opex) could support the planning and execution of necessary operational and maintenance activities for all of the utility company's electrical infrastructure.

TNB Share Rises In Early Trade On New Tariff Announcement

KUALA LUMPUR, Dec 27 (Bernama) -- Tenaga Nasional Bhd's (TNB) shares surged in early trade on Friday after announcing a new tariff schedule for Peninsular Malaysia under Regulatory Period 4 (RP4).  

TNB To Ensure Reliable, Continuous Supply Via RP4

KUALA LUMPUR, Dec 26 (Bernama) -- The new tariff schedule with a base tariff of 45.62 sen per kilowatt-hour for Peninsular Malaysia under Regulatory Period 4 (RP4) is proposed to be implemented starting July 1, 2025, Tenaga Nasional Bhd said today.

Malaysia’s Economy Expands 5.2 Pct In First Three Quarters Of 2024 - DOSM

KUALA LUMPUR, Dec 24 (Bernama) -- Malaysia’s economy has sustained strong growth in the first three quarters of 2024, expanding by 5.2 per cent from January to September, said the Department of Statistics Malaysia (DOSM).