Bursa Malaysia Closes Lower In Sync With Regional Markets

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 19 (Bernama) -- Bursa Malaysia closed lower in tandem with the weak performance across the region, said an analyst.

Energy Demand To Rise In Asia-Pacific Region Amid AI-led Industrial Shift -- Petronas

KUALA LUMPUR, June 18 (Bernama) -- Energy demand in ASEAN and the Asia-Pacific region is expected to rise in the coming years, driven by the adoption of artificial intelligence (AI) under the Fifth Industrial Revolution, said Petroliam Nasional Bhd (Petronas).

Aviation Experts Convene In Penang For ASEAN Aviation Sustainability Workshop

GEORGE TOWN, June 17 (Bernama) -- A total of 88 aviation experts from the region and Europe gathered here for the ASEAN Workshop on Aviation Sustainability - Operational Improvements and Efficiency Gains to discuss various aviation-related topics, including a focus on carbon emission measurements and airspace efficiency.

RON95 Subsidy Cut To Come First, Carbon Tax Expected In 2026 – Amir Hamzah

KUALA LUMPUR, June 17 (Bernama) -- The government will prioritise the rationalisation of RON95 petrol subsidy this year before introducing a carbon tax in 2026, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Petronas Backs Fuel Subsidy Reform To Support Energy Transition

KUALA LUMPUR, June 17 (Bernama) – Petroliam Nasional Bhd (Petronas) has welcomed the rationalisation of petrol subsidies, noting that such subsidies are unsustainable, said Petronas president and group chief executive officer Tan Sri Tengku Muhammad Taufik Tengku Aziz.

Malaysia To Consider Adopting Nuclear Energy To Accelerate Net Zero Target 2050 -- PETRA

KUALA LUMPUR, June 17 (Bernama) -- Malaysia has to relook the whole energy triangle, including the possibility of adopting nuclear energy, in order to achieve its net-zero carbon emissions target by 2050, said Deputy Minister of the Energy Transition and Water Transformation Ministry (PETRA), Akmal Nasrullah Mohd Nasir.

Bursa Malaysia Remains Lower At Midday As Profit-taking Continues

KUALA LUMPUR, June 17 (Bernama) -- Bursa Malaysia remained easier at midday today due to continuing profit-taking, especially on plantation and energy stocks, said analysts. 

Energy Transition Must Fit Malaysia’s Needs And Not Bow To Global Pressure

KUALA LUMPUR, June 16 (Bernama) -- Malaysia’s energy transition policies must be based on national realities and domestic capabilities rather than simply adhering to international pressure, said Malakoff Corporation Bhd chairman Tan Sri Che Khalib Mohamad Noh.

TNB Earmarks RM43 Bln To Upgrade National Grid With AI, Battery Storage Systems -- PM Anwar

KUALA LUMPUR, June 16 (Bernama) -- National utility company Tenaga Nasional Bhd has committed RM43 billion to upgrade the national grid infrastructure, said Prime Minister Datuk Seri Anwar Ibrahim.

OPEC To Continue Investing In Fossil Fuels Despite Growing Sustainability And Energy Transition Initiatives

KUALA LUMPUR, June 16 (Bernama) -- The Organisation of the Petroleum Exporting Countries (OPEC) will continue to invest in fossil fuel production, despite the growing momentum behind sustainability initiatives and the global energy transition.

Global Interconnectedness Under Strain Amid Rising Geopolitical Tensions – PM Anwar

KUALA LUMPUR, June 16 (Bernama) -- Global interconnectedness is under strain due to rising uncertainties, eroding the predictability, reliability and stability of existing global trade and economic systems, said Prime Minister Datuk Seri Anwar Ibrahim.

TNB: Stronger Today, Brighter Tomorrow

KUALA LUMPUR, June 16  (Bernama) – Electricity is one of those things many Malaysians hardly think about — until it is gone. But behind the quiet hum of daily life, from classroom lights to hospital ventilators, stands Tenaga Nasional Bhd (TNB), Malaysia’s largest utility provider.