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Business

China allows merger to create world’s largest power firm

HONG KONG: China is creating the world’s largest power company.

Business

Power Root expected to sustain recovery momentum

PETALING JAYA: Power Root Bhd is expected to sustain its recovery momentum into next year, supported by favourable raw material costs and moderating advertising and promotion (A&P) expenses.

Business

Malakoff power plant unaffected despite fire at conveyor belt

KUALA LUMPUR: Malakoff Corporation Bhd's Tanjung Bin energy power plant was unaffected despite a fire had occurred on Monday morning which involved the conveyor belt carrying coal.

Education

Career tips via power talk series

THE SEGi Aspiring Entrepreneurs Club (AEC) organised a Power Talk featuring Derek Toh, the founder and chief executive officer of WOBB, a Malaysian job search platform.

Metro News

Better power supply in Batu Niah with new substations

MIRI: Power supply to 50,000 people in Batu Niah and its surroundings is expected to be stable once the Batu Niah and Bunut substations are completed.

Business

Neo-liberal reforms strengthening monopoly power and abuses

KUALA LUMPUR and SYDNEY: Over the last four decades, growing concentration of market power in the hands of oligopolies, if not monopolies, has been greatly enabled by ostensibly neo-liberal reforms, worsening wealth concentration and gross inequalities in the world.

Business

Petronas Gas net profit weighed down by Kimanis Power

PETALING JAYA: Petronas Gas Bhd (PetGas) posted a marginal increase in net profit to RM1.81bil for its financial year 2018 ended Dec 31 (FY18), weighed down by a share of losses from joint-venture company Kimanis Power Sdn Bhd (KPSB).

Business

Power Root jumps as coverage initiated with Add rating

KUALA LUMPUR: Shares of Power Root Bhd jumped in early trade Monday as coverage was initiated on the company with an “Add” rating by CIMB Equities Research.

Nation

Former Felcra officer remanded in probe into abuse of power

IPOH (Bernama): A former officer of Felcra Urus Estet Changkat Jong, near Teluk Intan here, has been remanded for four days from Friday (April 5) to aid investigations into alleged abuse of power involving 13 lots of land between 2007 and 2018.

Business

Hitachi to purchase ABB's power grid business for up to US$7bil

TOKYO: Hitachi Ltd and ABB will announce on Monday a plan for the Japanese conglomerate to buy the Swiss engineering group's power grid business for up to $7 billion, the Nikkei business daily reported.