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PETALING JAYA: Kumpulan Powernet Bhd is seen as a major beneficiary of the growing energy demand and increasing dependence on renewable energy in Asean.
KUALA LUMPUR: AmInvestment Research has started coverage of Kumpulan Powernet (KPower) with a Buy call and a fair value of RM4.16 a share based on 15 times FY21F earnings per share (EPS).
NAIROBI, Nov. 3 (Xinhua) -- Kenya and the East African trade promotion lobby, TradeMark East Africa on Tuesday signed a 1.31 billion shillings (about 12 million U.S. dollars) agreement to fund regional infrastructure projects to help boost trade.
Revival of mega-projects in budget would bode it well
KUALA LUMPUR: Manulife Investment Management (M) Bhd has launched the Manulife Preferred Securities Income Fund, an alternative investment solution that provides equity-like capital growth features and bond-like income streams.
KUCHING: The Sarawak government has allocated RM2.37bil for rural electrification projects for 2019 and 2020 with the target of achieving full electrification in the rural parts of the state by 2025, said Chief Minister Datuk Patinggi Abang Johari Tun Openg.
SAUDI Arabia’s Red Sea Development Co. plans to close on a 14-billion riyal ($3.7 billion) loan from five domestic banks by the end of the year as it steps up construction on a luxury tourism project about the size of Belgium, its chief executive said.
The great divergence: U.S. COVID-19 economy has delivered luxury houses for some, evictions for others
(Reuters) - When the temperature dipped near freezing in Columbus, Ohio in mid-October, the children had no heat. The gas had been shut off in their apartment for nonpayment. DaMir Coleman, 8, and his brother, KyMir, 4, warmed themselves in front of the electric oven.
NEW YORK, Oct. 29 (Xinhua) -- New York State Governor Andrew Cuomo on Thursday proposed new legislation to strengthen the state's enforcement tools to hold utilities accountable in response to widespread failures resulting from more frequent and extreme weather events.
TOKYO: Japan’s pledge to be a net zero greenhouse gas emitter by 2050 is running into headwinds: smaller power utilities addicted to coal and natural gas.