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Corporate News

TNB gets government approval to continue ICPT mechanism

KUALA LUMPUR: The government has, via a letter from the Energy Commission, given its approval for Tenaga Nasional Bhd (TNB) to continue implementing the imbalance cost pass-through (ICPT) mechanism in the first half of next year.

Corporate News

TNB gets green light to continue ICPT

KUALA LUMPUR: The government, via a letter from the Energy Commission, has given its approval for Tenaga Nasional Bhd (TNB) to continue implementing the imbalance cost pass-through (ICPT) mechanism in the first half of next year.

Nation

Express bus fare hike on the cards

THE government may increase express bus fares by between 10% and 30% to help bus drivers and operators, says Deputy Transport Minister Datuk Kamarudin Jaffar.

Nation

Govt to consider increasing express bus fares to help drivers and operators

KUALA LUMPUR: The Government is considering whether to increase the fares of express buses to help bus drivers and operators, says the Transport Ministry.

Metro News

Levy proposal on outstation cars in Penang sparks interest

AN ASSEMBLYMAN has proposed that a levy be imposed on outstation cars entering Penang island to help ease traffic congestion.

World

Germany's Merz: Europe needs own tax, euro zone must stick to rules

BERLIN (Reuters) - A German conservative running to replace Chancellor Angela Merkel as leader of the Christian Democrat (CDU) party said the euro could only work in long term if members stick to the rules and added that Europe ultimately needed its own source of tax.

Analyst Reports

Analyst reports: CIMB, Tenaga Nasional, Astro Malaysia Holdings Bhd and Power Sector

CIMB management expects the operating environment for PT Bank CIMB Niaga Tbk to remain challenging for the next six to nine months and this would make achieving the 2018 ROE target of 10.5% a challenge.

Metro News

‘No surcharge at 45 parking sites’

TOWARDS the end of last year, Touch ‘n Go (TnG) ceased the use of a surcharge model for new parking sites.

Metro News

Cashless parking payment is fine, but drivers want options

WITH the advancement in technology, more merchants and customers are now opting for e-payment or card methods in a move towards going cashless.

Corporate News

Coal rally a headache for Malaysia power firms

Price of the commodity has increased while ringgit has weakened