2h ago
KUALA LUMPUR, Oct 12 (Bernama) --The government is working closely with the Energy Commission (EC) and Tenaga Nasional Bhd (TNB) to review the way forward for electricity subsidies next year, as the current 800 kilowatt-hours (kWh) monthly consumption threshold is set to expire in December 2026.
7h ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Oct 12 (Bernama) -- The European Union (EU) recognises Malaysia’s ambition to move further up the semiconductor value chain, with its Global Gateway investment initiative and the proposed Malaysia-EU Free Trade Agreement (MEUFTA) offering opportunities to strengthen economic cooperation between the two sides.
2d ago
KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia should establish a green shipping corridor to accelerate the maritime industry’s transition towards greener operations through closer coordination between the government and industry players, said an expert.
3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- Tenaga Nasional Bhd’s (TNB) RM15 billion investment in the national grid announced in Budget 2027 today addresses a critical priority and need for the infrastructure to support reliable power and industrial expansion, said Solarvest Holdings Bhd.
3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- The fiscal deficit is projected to narrow to 3.3 per cent of gross domestic product (GDP) in 2027, in line with the medium-term consolidation under the Public Finance and Fiscal Responsibility Act 2023 (Act 850), the Ministry of Finance (MoF) said.
3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- The ASEAN Power Grid (APG) offers Malaysia a vital opportunity to solidify its position in the regional energy market, leveraging its strategic geographical position, well-developed power infrastructure and experience in cross-border electricity trading.
3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim announced that tax incentives will be enhanced and extended until Dec 31, 2030, to encourage more companies to adopt green and sustainable technologies.
3d ago
KUALA LUMPUR, Oct 9 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim, who is also Finance Minister, will table Budget 2027 in the Dewan Rakyat at 3.30 pm today, half an hour earlier than the usual 4 pm slot.
4d ago
KUALA LUMPUR, Oct 8 (Bernama) -- Digitalisation is part of Tenaga Nasional Bhd’s (TNB) wider effort to strengthen Malaysia’s electricity network, with Distribution Automation now standing at 44 per cent, covering approximately 39,400 substations, while Advanced Metering Infrastructure (AMI) deployment has reached 6.1 million.
4d ago
KUALA LUMPUR, Oct 8 (Bernama) -- Helical Fusion Co Ltd, a fusion energy company, has announced the completion of a 3.23 billion Japanese yen (approximately US$20.6 million) Series B second close (US$1 = RM4.08).
4d ago
KUALA LUMPUR, Oct 7 (Bernama) -- The additional tax claim against Tenaga Nasional Bhd (TNB) will not result in the cost being passed on to consumers through electricity tariff hikes, said the Ministry of Finance (MOF).
4d ago
KUALA LUMPUR, Oct 7 (Bernama) -- The Energy Commission (ST) will support the hosting of the ASEAN School of Regulation (ASR) in Malaysia, a regional initiative aimed at strengthening regulatory capability and accelerating the development of the ASEAN Power Grid (APG).