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Price of the commodity has increased while ringgit has weakened
FOR a company established only in 2013, Samaiden Sdn Bhd (pronounced as “sam-aiden”) is no stranger to players in the renewable energy (RE) industry due to its pivotal role.
KUALA LUMPUR: Shares of independent power producers (IPPs) were under pressure falling by up to 12% at midday following government’s decision in cancelling four IPP deals last week.
KUALA LUMPUR: CIMB Equities Research is retaining its neutral stance on the overall utilities sector as there could be more changes in regulations and policies with the new minister in place.
PETALING JAYA: Stocks in the power sector, which came under selling pressure due to regulatory risks and market headwinds following the general election, could see a better overall outlook in 2018.
KUALA LUMPUR: Fitch Ratings expects Tenaga Nasional Bhd's (A-/Stable) standalone credit profile to benefit from the mplementation of the imbalance cost pass-through (ICPT) mechanism due to rising fuel prices.
PETALING JAYA: Former Public Accounts Committee (PAC) member Datuk Abdul Aziz Sheikh Fadzir has called on the Government to act against 1Malaysia Development Bhd (1MDB) chief executive officer Arul Kanda Kandasamy and the company's board members for issuing misleading statements to the committee.
Before launching into a tirade against China and how our country has a price, let’s be mindful that hostility serves no positive purpose.
PETALING JAYA: The power utilities sector remains a top bet for investors looking for defensive play, in view of the uncertainties related to the upcoming general election.
PUTRAJAYA: The imbalance cost pass through (ICPT) rebate that is seen in the electricity bill is not funded by taxpayers money, said the Energy Commission (EC).