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Nation

Briefly

Business

A few gems in tech sector

Between the Lines, a column by C.S. Tan. He says The Tech sector of Bursa Malaysia suddenly took off last Friday. This may have been triggered by a news report that day that Taiwan Semiconductor Manufacturing Co (TSMC), the world's leading contract chipmaker, said its September sales reached a record high.

Business

NRG paying US$5.8b for Texas Genco

NRG Energy Inc announced on Sunday the purchase of Texas Genco Holdings Inc for US$5.8bil in cash and stock, in a deal that would nearly double the merchant power producer's asset base and give it entry to the growing Texas wholesale electricity market.

Business

Tenaga's CEO: Tariff rebalancing proposal meant to reduce deficit

TENAGA Nasional Bhd's (TNB) proposal for a tariff rebalancing will not mean that its cashflow deficit, which is to the tune of about RM4bil a year, will be erased.

Business

Right timing for Genting deal

GENTING Bhd, which is proposing to invest in four power plants in China, seems to have chosen the right time to enter the Chinese power generation industry.

Business

Khazanah sees improved values in GLCs

The first year of the massive revamp of government linked companies is ovber. Khazanah Nasional Bhd managing director Datuk Azman Mokhtar gave a report card of the performance of those companies and what would be in store for some of them.

Business

TNB in talks with firm to save fuel costs

TENAGA Nasional Bhd (TNB) is said to be currently exploring the use of a technology that would enable coal-fired power plants to use high sulphur coal and save the power industry billions of ringgit in fuel cost.

Business

Keng Yaik: Govt to wait for outcome of forum on power hike

THE government will wait for the results of a consultative forum before allowing an increase in electricity tariffs, said Energy, Water and Communications Minister Datuk Seri Dr Lim Keng Yaik.

Nation

Check on power producers, commission told

The Energy Commission has been instructed to constantly check on power producers to prevent future blackouts similar to the one on Jan 13 which affected the southern and central regions of the peninsula.

Nation

Consumers given say in energy matters

Consumers, investors and power producers will all have a say in matters pertaining to the nation#8217;s energy when the Energy Commission, which independently monitors the electricity industry, sets up its consultative committee.