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KOTA KINABALU, Nov 4 (Bernama) -- Sabah Electricity Sdn Bhd (Sabah Electricity) has insufficient funds and needs federal government financial support to ensure a sustainable power supply, said chairman Datuk Seri Wilfred Madius Tangau.
KUALA LUMPUR, Nov 4 (Bernama) -- CRH, the provider of building materials solutions, has developed a new wind farm to provide renewable electricity to its Medgidia Cement Plant in Romania, the first of its kind in the country to exclusively power a cement plant.
KUALA LUMPUR, Nov 4 (Bernama) -- Kenanga Investment Bank Bhd anticipates a rise in demand for cloud services, including graphics processing units-as-a-service pioneered by Maxis Bhd locally, as global cloud service providers continue to invest heavily in data centres, cloud, and artificial intelligence (AI) infrastructure in Malaysia.
KUALA LUMPUR, Oct 30 (Bernama) -- Malaysia is on track to become the third-largest data centre market in Asia, after Japan and India with key sector beneficiaries being utilities, renewable energy (RE), property, and telecommunication, among others, said Hong Leong Investment Bank Bhd (HLIB).
KUALA LUMPUR, Oct 29 (Bernama) -- The mechanism for the proposed RON95 targeted petrol subsidy, set for implementation in the middle of next year, is still being refined by the Ministry of Finance (MOF).
KUALA LUMPUR, Oct 29 (Bernama) -- The Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) is aiming for RM10 billion in sustainable financing and RM1 billion in green financing by 2030, as outlined in its Sustainability Roadmap 2.0.
KUALA LUMPUR, Oct 26 (Bernama) -- Malaysia’s ASEAN chairmanship next year presents an excellent opportunity for advancing carbon trading and carbon credits within its member countries, said Sarawak’s Deputy Minister of Energy and Environmental Sustainability, Datuk Dr Hazland Abang Hipni.
KUALA LUMPUR, Oct 24 (Bernama) -- Malaysia’s recent stability and steady growth are paving the way for the government to implement critical reforms, including the overhaul of costly fuel and power subsidies, said Morgan Stanley Investment Management.
KUALA LUMPUR, Oct 23 (Bernama) -- Three companies have met all the requirements to participate in the online bidding on June 16, 2024, for a pilot project to supply renewable energy (RE) across borders to Singapore via Energy Exchange Malaysia (ENEGEM).
KUALA LUMPUR, Oct 22 (Bernama) -- Diesel subsidy claims by oil companies for August 2024 have decreased by 51.6 per cent against claims in May 2024 since the June 10 2024 implementation of targeted diesel subsidy, said the Economy Ministry.
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.
KUALA LUMPUR, Oct 21 (Bernama) -- Budget 2025 announced on Friday (Oct 18) is very people-friendly and meets Prime Minister Datuk Seri Anwar Ibrahim's desire to tackle the issue of rising cost of living, said an analyst.
