1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Nov 11 (Bernama) -- Siemens Energy Pte Ltd and Tenaga Nasional Bhd (TNB) are exploring the integration of the national utility’s large-scale power generation plants with hydrogen.
1y ago
From M. Saraswathi
LIMA (Peru), Nov 10 (Bernama) -- The Peruvian capital city of Lima is all geared up amid tight security to host its third APEC Economic Leaders Week (AELW), a landmark event that underscores its pivotal role as the chair of the Asia-Pacific Economic Cooperation (APEC) forum this year to further liberalise trade among regional economies.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 8 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives hit a two-year high, as prices rallied to above RM5,000 per tonne, a trader said.
1y ago
KUALA LUMPUR, Nov 7 (Bernama) -- Huawei has provided hundreds of mobile network sites as well as cloud services and intelligent operation centres in Sarawak, which have helped improve wireless network coverage in remote areas, accelerating the country’s digital transformation, said Prime Minister Datuk Seri Anwar Ibrahim.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Thursday amid a weaker production outlook in Malaysia, a trader said.
1y ago
KUALA LUMPUR, Nov 7 (Bernama) -- Petroliam Nasional Bhd (Petronas), through its Malaysia Petroleum Management (MPM) division, has signed two memoranda of understanding (MoUs) aimed at enhancing technology and operational efficiencies in Malaysia's exploration and production (E&P) sector.
1y ago
KUALA LUMPUR, Nov 7 (Bernama) -- Donald Trump’s re-election as the United States (US) President is expected to accelerate the China Plus One strategy, benefitting Malaysia through higher investments and enhanced export potential, particularly in sectors such as electronics, machinery, and palm oil.
1y ago
KUALA LUMPUR, Nov 7 (Bernama) -- An increase in investment inflows, improved tax collection relative to Gross Domestic Product (GDP), and a narrower fiscal deficit are positive catalysts expected to drive Malaysia's economy to grow between 5.0 per cent and 5.5 per cent in 2024 and 2025.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 6 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Wednesday as price rallied above RM4,900 per tonne for January 2025 benchmark contract, a trader said.
1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate at 3.00 per cent at its final Monetary Policy Committee (MPC) meeting of the year reflects the central bank’s support for domestic economic growth.
1y ago
KUALA LUMPUR, Nov 6 (Bernama) -- Petronas, through Malaysia Petroleum Management (MPM), has partnered with Earth Science Analytics (ESA) and Amazon Web Services (AWS) to leverage advanced artificial intelligence (AI) and machine learning (ML) technologies to accelerate exploration efforts in the Malay Basin and enhance data capabilities of the Petronas myPROdata platform.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 5 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended a four-day winning streak closing lower, taking the cue from the weakness in Chicago Board of Trade (CBOT) soybean oil futures, a dealer said.