GFM Services Bags RM83.1 Mln Release Orders For Works At Pengerang Integrated Complex

KUALA LUMPUR, Aug 4 (Bernama) -- GFM Services Bhd’s energy division has secured additional release orders totalling RM83.1 million for major turnaround work packages at the Pengerang Integrated Complex (PIC) in Johor.

Govt Diversifies Gas Supply Sources To Strengthen National Energy Security

KUALA LUMPUR, Aug 3 (Bernama) -- The government is prioritising Malaysia's energy security by diversifying access to large-scale gas resources that could broaden supply options and enhance the country's energy resilience.

Detailed Study Needed To Assess Anti-competitive Practices On E-commerce Platforms -- Senator

KUALA LUMPUR, Aug 3 (Bernama) -- Low prices for goods offered on e-commerce platforms cannot be directly considered as predatory pricing or anti-competitive practices, said Deputy Minister in the Prime Minister’s Department (Religious Affairs) Senator Marhamah Rosli.

Tenaga Nasional Deeply Committed To Energy Sovereignty – TNB Genco Managing Director

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.

Admi Shahrul Thrives On The Adrenaline Rush As Porsche’s Elite Sportscar Instructor

By Siti Radziah Hamzah

KUALA LUMPUR, Aug 2 (Bernama) -- Racing a sports car can deliver an adrenaline rush, but for Admi Shahrul Ahmad Saffian, helping others master these high-performance vehicles gives him a sense of excitement and a passion that has become even more rewarding.

Economy Ministry Mulls Pilot Project To Tackle Ageing Population

JOHOR BAHRU, Aug 1 (Bernama) -- The Economy Ministry is identifying a pilot project to address challenges arising from Malaysia's ageing population, with plans to roll it out next year.

TH's RM10 Bln Loss Could Have Funded B40 Haj Pilgrims For Over 20 Years

By Nor Baizura Basri

KUALA LUMPUR, July 31 (Bernama) -- The RM10 billion loss incurred by Lembaga Tabung Haji (TH) could have funded haj subsidies for a larger number of muassasah pilgrims -- particularly those from the B40 group -- to perform the pilgrimage over a period of more than 20 years.

ITMAX Secures RM120 Mln Smart Street Lighting Contract From DBKL

KUALA LUMPUR, July 31 (Bernama) -- ITMAX System Bhd has secures a RM120 million contract from Kuala Lumpur City Hall (DBKL) for the supply, installation and maintenance of smart street light systems across Kuala Lumpur.

Malaysia Airlines Reserves Comment, Cooperates With Indonesian Authorities Over Pilot's Alleged Drug Offence

By Kisho Kumari Sucedaram

KUALA LUMPUR, July 31 (Bernama) -- Malaysia Airlines reserves its comment on its pilot being caught for a narcotics-related offence by the Indonesian authorities but noted that the airline takes such allegations seriously.

Univar Solutions Honours Top Transportation Partners

KUALA LUMPUR, July 31 (Bernama) -- Univar Solutions LLC (Univar Solutions) has recognised outstanding transportation providers across North America through its annual Carrier Awards, honouring companies for excellence in safety, service and supply chain performance.

TH Says Nearly RM10 Bln In Asset Sales Aided Recovery, RM2.6 Bln Lossses Later Addressed

KUALA LUMPUR, July 31 (Bernama) -- The Lembaga Tabung Haji (TH) Recovery and Restructuring Plan has successfully addressed RM12.6 billion in investment losses, with RM10 billion resolved under the 2018 recovery plan and the remaining RM2.6 billion recognised progressively through the end of 2025.

2018 Tabung Haji Bailout Averted Massive Deposit Withdrawal, Financial Market Crisis

KUALA LUMPUR, July 31 (Bernama) -- Lembaga Tabung Haji (TH) has described the recovery and restructuring plan implemented in 2018 as a necessary financial bailout to prevent the institution from becoming insolvent, saying that TH would have otherwise faced the risk of a massive deposit withdrawal that could trigger a financial market crisis and undermine the country's economic stability.