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No severe impact of MCO 2.0 on TNB
Reduced imposition will not affect demand too much
RP2 extension positive for TNB, say brokerages
PETALING JAYA: The approval of the one-year extension of the second regulatory period (RP2) is a positive development for Tenaga Nasional Bhd (TNB), as it underpinned near-term regulated earnings visibility.
Utility sector earnings expected to grow 11%
PETALING JAYA: In 2021, the utilities sector earnings is expected to recover by 11%, mainly driven by Tenaga Nasional Bhd (TNB) maintaining its stable returns.
Tech, health stocks rise, cyclicals fall on prospects of divided US Congress
NEW YORK: High-flying technology stocks boosted the S&P 500 index and healthcare led gainers on Wednesday as investors bet a divided U.S. government would stunt chances for big reforms for these sectors or corporate tax hikes.
China regulators summon Ant Group executives ahead of IPO
HONG KONG, Nov 3 (AP): Chinese regulators summoned Ant Group founder Jack Ma and two other senior executives to a meeting just days before the company's shares are due to begin trading following a blockbuster offering expected to be the world’s largest.
Recognised for technology excellence
PROPERTY developer UEM Sunrise Bhd bagged the Digital – Real Estate trophy at the Malaysia Technology Excellence Awards 2020.
China tech stocks seen as a better bet than under-fire US peers
Chinese Internet stocks will keep outperforming their US counterparts in the months ahead as regulatory challenges to America’s technology giants mount in Washington DC and Brussels, according to some investors.
Attracting investments
REVIVING private investment is crucial to sustain economic recovery for Malaysia. Both domestic direct investment (DDI) and foreign direct investment (FDI) are needed to spur economic growth, create jobs and expand exports.
Analysts still bullish on TNB’s long-term outlook
PETALING JAYA: Although Tenaga Nasional Bhd’s (TNB) net profit almost halved in the first three months of this year, analysts are bullish on the long-term outlook of the electricity company.
