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Business

Top foreign and local stories at 4pm

Top foreign and local stories at 4pm

Business

The sun shines on Cypark

FOR a company that is heavily loaded with debts due to the nature of its business, Cypark Resources Bhd is starting to see some upside since its transition from short-term contracts to concession-related activities.

Business

Tenaga is Kenanga Research’s top pick among power utilities

PETALING JAYA: Kenanga Research remains positive on the power utilities sector and advised investors to accumulate in view of the current price weakness.

Corporate News

Coal power plant, solar project to drive Tenaga earnings, says Moody's

KUALA LUMPUR: The commissioning of the 3GW coal generation capacity and a 50MW solar project will drive Tenaga Nasional Bhd's earnings growth, says Moody's Investors Service

Business

Ranhill says no plan to sell SAJ Ranhill

PETALING JAYA: Ranhill Holdings Bhd said it has no plan to sell its stake in SAJ Ranhill Sdn Bhd, a company that holds exclusive licence for water supply in Johor, the second most populous state in Malaysia.

Business

Analyst Reports

UEM SUNRISE BHD, MALAYSIA AIRPORTS HOLDINGS BHD, KUALA LUMPUR KEPONG BHD and UTILITIES SECTOR.

Business

EC: Electricity rebate not funded by taxpayers

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).

Business

Power utilities sector remains a defensive play

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.

On The Beat

Don’t brush aside the goodwill

Before launching into a tirade against China and how our country has a price, let’s be mindful that hostility serves no positive purpose.

Nation

Ex-PAC man: Take action against those who lied about 1MDB

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.