9d ago
KUALA LUMPUR, Oct 15 (Bernama) -- Eligible renewable energy developers under the Corporate Renewable Energy Supply Scheme (CRESS) Acceleration Package (CAP) will benefit from a fixed system access charge (SAC) of 14 sen per kilowatt-hour (kWh) for 10 years, while green consumers will be subject to a separate charge of four sen/kWh.
9d ago
KUALA LUMPUR, Oct 15 (Bernama) -- Selangor state-owned conglomerate, Worldwide Holdings Bhd is positioning itself to develop Malaysia’s first nuclear power plant, aiming to be ready to make a final investment decision (FID) by 2031.
9d ago
KUALA LUMPUR, Oct 15 (Bernama) -- The RM83 billion development expenditure allocation under Budget 2027 forms part of Malaysia’s RM430 billion five-year development allocation under the 13th Malaysia Plan (13MP) 2026–2030 to expand productive capacity and drive higher-value economic growth, said the Ministry of Finance (MoF).
9d ago
KUALA LUMPUR Oct 15 (Bernama) -- Nearly 88 per cent of manufacturing projects approved in Selangor between 2021 and June 2026 had started implementation, from construction to production, as of Oct 13, 2026, according to the Malaysian Investment Development Authority (MIDA).
9d ago
KUALA LUMPUR, Oct 15 (Bernama) -- Gamuda Bhd’s shares rose on Bursa Malaysia after announcing that its joint venture (JV) with Taiwan-based MiTAC Information Technology Corp has secured a RM3.7 billion contract to build the Keelung Mass Rapid Transit (MRT) system and trackwork in Taiwan.
9d ago
KUALA LUMPUR, Oct 14 (Bernama) -- A total of 27 data centre projects with an estimated investment of RM225.97 billion have been approved under the Data Centre Task Force (DCTF) up to July 2026, according to the Digital Ministry.
10d ago
KUALA LUMPUR, Oct 14 (Bernama) -- JAG Bhd’s wholly-owned subsidiary, JAG Capital Equity Sdn Bhd, is subscribing to new shares representing 6.17 per cent of the enlarged issued share capital of Australia-listed gold exploration and development company Metal Bank Ltd for A$752,400 (about RM2.15 million).
10d ago
KUALA LUMPUR, Oct 14 (Bernama) -- The Saudi Fund for Development (SFD) and the Government of Kosovo have inaugurated an upgraded section of the Pristina–Mitrovica Highway, the fund’s first completed project in Kosovo.
10d ago
KUALA LUMPUR, Oct 14 (Bernama) -- Local semiconductor companies must translate Budget 2027's allocation into greater participation in higher-value activities such as integrated circuit (IC) design, as Malaysia seeks to strengthen its position in the global semiconductor supply chain, said Tengku Datuk Seri Zafrul Abdul Aziz.
10d ago
KUALA LUMPUR, Oct 14 (Bernama) -- Critical Holdings Bhd’s shares fell 4.61 per cent in early trading on Wednesday, despite securing an additional RM74.1 million in contract value for cleanroom-related works at Kulim Hi-Tech Park, Kedah.
10d ago
KUALA LUMPUR, Oct 14 (Bernama) -- Malaysia’s oil and gas services and equipment (OGSE) industry is well-positioned for its next phase of growth and must continue building scale, accelerating innovation and developing differentiated capabilities to compete more effectively on the regional and global stage, according to Petroliam Nasional Bhd (Petronas).
10d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 13 (Bernama) -- The government has allocated RM21.26 billion in development expenditure to six underdeveloped states under Budget 2027, with the distribution taking into account the different needs of each state, said Economy Minister Akmal Nasrullah Mohd Nasir.