Malaysia Expects Nine GW Of Gas-fired Power Capacity By 2032 To Meet Rising Demand

PETALING JAYA, Sept 8 (Bernama) -- Malaysia expects about nine gigawatts (GW) of gas-fired power capacity to be deployed by 2032 as the country manages growing electricity demand while progressively phasing out coal-fired generation.

Govt Studying Ways To Boost Smallholder Income, Ensure Agri-Commodity Drives Growth - PM Anwar

PUTRAJAYA, Sept 8 (Bernama) -- The government is studying ways to increase the income of smallholders and ensure the agri-commodity sector continues to drive the country’s economic growth, said Prime Minister Datuk Seri Anwar Ibrahim.

Maxis Deploys Nokia Optical Technology To Boost AI, Enterprise Connectivity

KUALA LUMPUR, Sept 7 (Bernama) -- Maxis Bhd has deployed Nokia’s optical transport technology to enhance its nationwide and cross-border network infrastructure amid surging demand for artificial intelligence (AI) and enterprise connectivity.

MNHB Unit In JV With Pembinaan Tajri For RM67.31 Mln TNB 275 kV Cable Installation Contract

KUALA LUMPUR, Sept 7 (Bernama) -- MN Holdings Bhd’s (MNHB) wholly owned unit, MN Utilities Engineering Sdn Bhd (MNUE) and Pembinaan Tajri Sdn Bhd  (PTSB) has bagged a contract for the installation of a new 275 kilovolt (kV) cable from Tenaga Nasional Bhd (TNB).

CPO Futures End Higher On Firmer Crude Oil, DCE Palm Olein Gains

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Monday, supported by stronger crude oil prices and gains in palm olein futures on China's Dalian Commodity Exchange (DCE).

P.A. Resources Secures RM255.45 Mln Banking Facilities For Working Capital, New Plant

KUALA LUMPUR, Sept 7 (Bernama) -- P.A. Resources Bhd (PARB), through its wholly owned subsidiaries, has accepted additional banking facilities totalling RM255.45 million to support the group’s existing operations and the development of a new plant.

CBH Engineering Bags RM88.05 Mln Contract To Construct Consumer Landing Station

KUALA LUMPUR, Sept 7 (Bernama) -- CBH Engineering Holding Bhd (CBH) has secured a RM88.05 million contract to design and build a 275kV consumer landing station for a data centre in Selangor.

Malaysia Yet To Decide On Compulsory Aviation Carbon Tax - Loke

KUALA LUMPUR, Sept 7 (Bernama) -- Malaysia has yet to decide whether to implement a compulsory carbon tax for the aviation sector, although the country remains committed to the International Civil Aviation Organisation’s (ICAO) goal of achieving net-zero carbon emissions by 2050, said Transport Minister Anthony Loke Siew Fook.

Vestland Bags RM263.73 Mln Dual-function Wall Project In Kelantan

KUALA LUMPUR, Sept 7 (Bernama) -- Vestland Bhd’s wholly owned subsidiary, Vestland Infra Sdn Bhd, has accepted a letter of award from Johnson Fluid Engineering Sdn Bhd for a RM263.73 million dual-function wall project in Kelantan.

Bursa Malaysia Rises On Buying Interest In Banking, Telco Stocks

By Rosemarie Khoo & Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 7 (Bernama) -- Bursa Malaysia traded higher on Monday, supported by renewed buying interest in selected banking and telecommunications heavyweights, an analyst said.

Pekat Group Secures RM57.18 mln Hyperscale Data Centre Subcontracts In Johor

KUALA LUMPUR, Sept 7 (Bernama) -- Pekat Group Bhd’s indirect wholly-owned subsidiary, Pekat E & LP Sdn Bhd, has secured three subcontracts worth a combined RM57.18 million.

Bumiputera Companies’ GDP Contribution Target To Be Reviewed -- Akmal Nasrullah

KUALA LUMPUR, Sept 7 (Bernama) -- The target to increase the contribution of Bumiputera micro, small and medium enterprises (MSMEs) from 15 per cent to potentially double by 2035 will be reviewed in greater detail at the end of this year or early next year, said Economy Minister Akmal Nasrullah Mohd Nasir.