Kuala lumpur: Malaysia must expedite its transition towards a more sustainable, diversified and cost-effective long-term energy strategy, said Prime Minister Datuk Seri Anwar Ibrahim. He emphasized that the decisive shift in the energy strategy is not…
Kuala lumpur: Sunway Bhd expressed appreciation to stakeholders after its conditional voluntary takeover offer for IJM Corporation Bhd lapsed, having failed to secure the required level of acceptances. About 33 per cent of IJM shareholders accepted th…
Kuala lumpur: FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened lower on Bursa Malaysia Derivatives on Tuesday. At 9.41 am, the April 2026 and September 2026 contracts fell 2.5 points each to 1,684.5 and 1,666.5, respectively. Meanwhile, the May and …
Kuala lumpur: Offshore production and support services provider Bumi Armada Bhd saw its shares dip in early trade following the resignation of Gary Neal Christenson from his roles as chief executive officer (CEO), a member of the board of directors, a…
Kuala lumpur: Rising petroleum import prices and disruptions to global logistics caused by the Middle East conflict, which threaten inflation rates and the country’s long-term fiscal stability, serve as a warning for Malaysia to strengthen energy sove…
Kuala lumpur: The recent surge in fuel costs attributed to the West Asia crisis is projected to have a ‘neutral’ impact on most Malaysian utility players, thanks to established fuel-cost pass-through mechanisms, as reported by Kenanga Investment Bank …