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Japan's Blue Capital inks RM100 mln investment in Lahad Datu POIC

KOTA KINABALU, Dec 4  -- The Sabah investment mission to Japan has finalised a RM100 million investment from Tokyo-based Blue Capital Management Co. Ltd. (Blue Capital) whose core business includes biomass power generation.

Malaysia puts on boxing gloves against EU for palm oil discrimination

KUALA LUMPUR, Dec 4  -- The Ministry of Primary Industries (MPI) is raring to confront the  European Union (EU) on its palm oil discrimination, through filing Malaysia’s case with the World Trade Organisation (WTO).

Petronas FutureTech showcases home-grown techpreneurs

KUALA LUMPUR, Dec 4  -- Petronas FutureTech, an accelerator programme to encourage local innovations and support Malaysian startups, held its first ‘Demo Day’ recently, with 19 startups across the energy, industry, and digital innovation sectors.

Electrical safety during floods - Energy Commission

PUTRAJAYA, Dec 3 -- The Energy Commission (ST) has advised the public to stay alert and to take precautionary measures to avert electrical hazards during floods.

No electricity tariff surcharge for domestic consumers, January-June 2020

KUALA LUMPUR, Dec 3  -- The electricity tariff in Peninsular Malaysia for domestic consumers will be maintained while the surcharge for commercial and industrial users will be reduced effective Jan 1 until June 30, next year.

If there is demand, game on for a third FLNG - Petronas

Exclusive report from M.Saraswathi

GEOJE (South Korea), Dec 2  -- Petroliam Nasional Bhd (Petronas), which is the only company to own and operate two floating liquefied natural gas (LNG) vessels is all set for a third one if there is a demand.

POIC Lahad Datu attracts RM300 mln investment from Japan

KOTA KINABALU, Dec 1 -- Sabah’s trade mission to Japan led by Chief Minister Datuk Seri Mohd Shafie Apdal has been successful, with two energy firms already expressing their interest to invest in the state’s renewable energy sector, particularly biomass.

No change in RON97, RON95 diesel retail prices - MOF

KUALA LUMPUR, Nov 29 -- The Finance Ministry (MOF) today announced the retail price of RON97 petrol stayed at RM2.66 per litre while RON95 petrol and diesel will remain at RM2.08 and RM2.18 per litre respectively for the period Nov 30 to Dec 6.

MARii attracting potential US$2 bln livestock farming, RE generation project

From Mohd Khairi Idham Amran

SEOUL, Nov 28 -- The Malaysia Automotive, Robotics and IoT Institute (MARii) is collaborating with a consortium consisting of Malaysian and South Korean companies to bring an integrated large scale livestock farming and renewable energy (RE) generation project to Sabah that could generate an investment of up to US$2 billion (US$1=RM4.17) over the next five years.

PM invites Korean auto players to take part in NAP 2019

SEOUL, Nov 27  -- Malaysia wants to explore further cooperation in the automotive sector with South Korea, especially with the upcoming launch of the National Automotive Policy 2019 (NAP 2019), said Prime Minister Tun Dr Mahathir Mohamad.