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Tenaga Nasional Bhd (TNB) got the tariff hike it was asking for but not the quantum, and the company is now looking at negotiations with independent power producers (IPPs) to cap its capacity payments as a further boost to the utility company's cashflow and profit.
Malaysia's economy is expected to grow 5.7%B/B>this year, down from an estimated 7.2% last year, the Malaysian Institute of Economic Research (Mier) said.
Malaysia has the right approach to sustainable economic development by adopting growth with equity, economics Noble Prize winner Dr Joseph E. Stiglitz said.
TOKYO: Japan's central bank kept its easy monetary policy unchanged Monday despite multiple signs of economic recovery that have fanned speculation that the Bank of Japan will soon change its strategy.