18d ago
KUALA LUMPUR, July 8 (Bernama) -- France is ready to collaborate with Malaysia on civil nuclear energy development if Malaysia decides to pursue this option as part of its energy transition efforts, said French Minister Delegate for Foreign Trade and Economic Attractiveness Nicolas Forissier.
18d ago
KUALA LUMPUR, July 8 (Bernama) -- Malaysia’s energy transition will depend not only on expanding generation capacity but also on its ability to build a smarter, more integrated and more resilient power grid, an industry expert said.
18d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 8 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Wednesday, supported by firmer crude oil prices amid heightened geopolitical tensions in West Asia.
18d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, July 8 (Bernama) -- Late buying interest lifted Bursa Malaysia to a slightly higher close on Wednesday, reversing earlier losses and bucking the mixed performance across regional markets.
19d ago
KUALA LUMPUR, July 8 (Bernama) -- EIG, an institutional investor in the global energy and infrastructure sectors, announced that its liquefied natural gas (LNG) company, MidOcean Energy (MidOcean), has secured a US$1.13 billion investment from the Private Department of Sheikh Mohammed bin Khalid Al Nahyan (Private Department). (US$1=RM4.07)
19d ago
KUALA LUMPUR, July 8 (Bernama) -- Bursa Malaysia turned marginally lower at midday today as mild profit-taking emerged in the late morning session, dampening market sentiment.
19d ago
KUALA LUMPUR, July 8 (Bernama) -- Bursa Malaysia opened higher on Wednesday, outperforming the weaker overnight performance on Wall Street and mixed trading across regional markets.
19d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 7 (Bernama) -- The ringgit closed higher against the US dollar today, tracking gains in regional currencies as a weaker greenback and firmer crude oil prices lifted sentiment, an analyst said.
19d ago
By Karina Imran
KUALA LUMPUR, July 7 (Bernama) -- Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 2.75 per cent at its Monetary Policy Committee (MPC) meeting, supported by resilient external sector performance, moderate domestic demand and manageable inflationary risks, said economists.
19d ago
KUALA LUMPUR, July 7 (Bernama) -- Leading power infrastructure solutions provider Tamco and global solar and energy storage innovator Hoymiles formed a strategic partnership today to support the development of Malaysia’s future energy infrastructure, bringing together global energy storage technologies with local industrial expertise.
19d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, July 7 (Bernama) -- Bursa Malaysia ended marginally lower on Tuesday as investors engaged in mild profit-taking following the recent rebound in the local market, in line with softer performances across regional markets.
19d ago
By Siti Radziah Hamzah
KUALA LUMPUR, July 7 (Bernama) -- Asia Pacific (APAC) offshore spending remains broadly stable post-West Asia conflict, with Southeast Asia (SEA) estimated to see a 12 per cent increase in greenfield capital expenditure (capex) to more than US$100 billion (US$1 = RM4.08), reflecting stronger prioritisation of new offshore developments, said Hong Leong Investment Bank Bhd (HLIB) today.