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No electricity tariff surcharge for domestic users from July to December

PUTRAJAYA, June 28 (Bernama) -- No electricity tariff surcharge will be imposed on domestic users for the period of July 1 to Dec 31 this year.

TNB gets government's approval to continue ICPT

KUALA LUMPUR, June 28 (Bernama) -- The government, via a letter from Energy Commission (ST) has given its approval for Tenaga Nasional Bhd (TNB) to continue implementing the Imbalance Cost Pass-Through (ICPT) mechanism for the period of July 1 to Dec 31, 2019.

RON95, diesel prices unchanged, RON97 price up 11 sen

KUALA LUMPUR, June 28 (Bernama) -- The prices of RON95 petrol and diesel remain at RM2.08 and RM2.18 per litre, respectively, for the week beginning June 29 but the price of RON97 is up 11 sen to RM2.49, according to a Finance Ministry statement today.

Sapura Energy among active stocks after bags RM1 bln contracts

KUALA LUMPUR, June 28 (Bernama) -- Integrated oil and gas services provider, Sapura Energy Bhd emerged as among top traded stocks in early trade Friday after bagging 10 contracts worth RM1 billion for its engineering and construction and drilling segments across Malaysia, Thailand, Taiwan and Australia, including Sapura Energy’s first offshore wind farm contract.

Awareness on safe handling of petroleum materials still low

BATU PAHAT, June 27 (Bernama) -- The awareness on the safe handling of petroleum materials including at petrol stations, business premises and housing areas amongst the public is still low.

Sapura Energy wins RM1 billion contracts, narrows net loss in Q1

KUALA LUMPUR, June 27 (Bernama) -- Sapura Energy Bhd has secured 10 new contracts for its engineering and construction and drilling segments worth RM1 billion across Malaysia, Thailand, Taiwan and Australia, including Sapura Energy’s first offshore wind farm contract.

Govt preparing tax incentives for green property developer

PETALING JAYA, June 27 (Bernama) -- In a bid to promote the usage of green building materials in the country, the government is in the midst of dishing out goodies - tax incentives - to developers of green building, according to the Ministry of Housing and Local Government.  

PCG, Plastic Energy sign MoU on addressing plastic waste

KUALA LUMPUR, June 27 (Bernama) -- Petronas Chemicals Group (PCG) yesterday signed a memorandum of understanding (MoU) with Plastic Energy Ltd, a chemical recycling company, to collaborate in addressing plastic waste that cannot be recycled by conventional means in Malaysia. 

MPOB receives “encouraging business enquiries” at New York Fancy Food Show

By Manik Mehta

NEW YORK, June 27 (Bernama) -- The Washington-based office of the Malaysian Palm Oil Board (MPOB), which participated in America’s just-concluded three-day prestigious New York Fancy Food Show (NYFFS), received a steady stream of visitors to its pavilion at the show, many of whom were curious onlookers though there were also many who meant “serious business”.

Sarawak has steady sources of revenue

KUCHING, June 26 (Bernama) – Sarawak, which has recorded budget surpluses for several years, has steady sources of revenue, especially the imposition of the sales tax on petroleum products for exports.