23d ago
KUALA LUMPUR, Sept 7 (Bernama) -- Globaltec Formation Bhd’s (GFB) 70 per cent subsidiary clean energy company NuEnergy Gas Ltd has announced that the Indonesian government has approved the development of NuEnergy’s Tanjung Enim production sharing contract (PSC) as one of Indonesia’s national strategic projects.
1m ago
KUALA LUMPUR, Aug 21 (Bernama) -- Mongolian Mining Corporation (MMC), the largest producer and exporter of washed coking coal products in Mongolia, reported total revenue of approximately US$586.2 million for the six months ended June 30, 2026 (1H2026), up 69.0 per cent year-on-year from US$346.6 million. (US$1=RM4.04)
1m ago
KUALA LUMPUR, Aug 7 (Bernama) -- Mongolian Mining Corporation is expected to record a consolidated net profit of between approximately US$100.0 million and US$110.0 million for the six months ended June 30, 2026, compared with a consolidated net loss of US$19.9 million reported for the same period in 2025. (US$1=RM4.08)
1m ago
KUALA LUMPUR, Aug 5 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is exploring the optimal mechanism for a proposed electric vehicle (EV) levy to support the development of a nationwide charging infrastructure.
1m ago
By Mikhail Raj Abdullah
KUALA LUMPUR, Aug 3 (Bernama) -- Tenaga Nasional Bhd is deeply committed to energy sovereignty by strengthening resilience, safeguarding energy security and accelerating sustainable growth.
2m ago
KUALA LUMPUR, July 23 (Bernama) -- KIP Real Estate Investment Trust's (KIP REIT) net profit rose to RM145.30 million in the financial year ended June 30, 2026 (FY2026) compared with RM115.14 million registered in the preceding year.
2m ago
KUALA LUMPUR, July 23 (Bernama) -- Mongolian Mining Corporation reported stronger operational performance for the second quarter ended June 30, 2026, with washed coking coal production rising 29 per cent year-on-year to 2,814.1 thousand tonnes (kt).
2m ago
By Nik Nurfaqih Nik Wil
JAKARTA, July 23 (Bernama) -- Indonesia’s newly established export entity Danantara Sumberdaya Indonesia (DSI) is expected to have only a limited near-term impact on the country’s economy and commodity export market, easing concerns over major changes to strategic commodity exports.
2m ago
IPOH, July 21 (Bernama) -- Global economic growth could slow to near zero over the next century as rising trade barriers, intensifying geopolitical competition and supply chain disruptions reshape the global economy, Economic Adviser to the Prime Minister's Office Nurhisham Hussein said.
2m ago
KUALA LUMPUR, July 15 (Bernama) -- The government will study the need and strategies for creating a national petroleum reserve stock as a measure to ensure energy security and strengthen the country's resilience in the face of geopolitical uncertainties and global supply crises.
2m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, July 13 (Bernama) – Ports, shipping lines and cargo owners are now confronting the formidable task of restoring global supply chains and clearing a backlog of vessels and cargo built up during months of conflict in and around the Strait of Hormuz, a process that industry players say could take weeks or even months.
2m ago
KUALA LUMPUR, July 2 (Bernama) -- Malaysia plans to repurpose sites of retiring coal-fired power plants into renewable energy (RE) hubs and battery energy storage facilities under a proposed National Coal Site Repurposing Framework, said Deputy Prime Minister Datuk Seri Fadillah Yusof.