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KeTSA to offer 1,000MW solar quota under LSS@MenTARI programme

IPOH, May 28 -- The Ministry of Energy and Natural Resources (KeTSA) via the Energy Commission (EC) will open a competitive bidding process for Large Scale Solar (LSS) programme by Malaysia Electricity Industry to Attract Renewable Energy Investment (LSS@MenTARI) starting May 31, 2020.

Toshiba's high-voltage intelligent power device helps lower motor power dissipation

KUALA LUMPUR, May 28 -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has launched a high-voltage intelligent power device (IPD) housed in a small surface mount package.

Global energy investment expected to fall by record 20 percent in 2020 due to COVID-19 – IEA

MOSCOW, May 27  -- The world’s investment in the energy sector is projected to plummet by a record-high 20 percent year-on-year in 2020 as a consequence of the energy crisis and the COVID-19 pandemic outbreak, Sputnik news agency quoted the International Energy Agency (IEA) as saying on Wednesday.

Malaysian economy to face sharp slowdown as LI records largest drop in March - DOSM

KUALA LUMPUR, May 22 -- The Leading Indicator (LI) for March 2020 recorded its largest monthly drop since November 1991, following the imposition of a two-week Movement Control Order (MCO) beginning on March 18 to curb the spread of COVID-19. 

Fusionex rolls out data-driven digital platform for leading oil and gas giant

KUALA LUMPUR, May 19 -- Fusionex has secured a contract with one of the region’s largest oil and gas companies to implement a data-driven digital platform to enhance customer experience.

FGV Holdings to boost returns from renewable energy

KUALA LUMPUR, May 18 -- FGV Holdings Bhd plans to boost returns from its renewable energy (RE) projects as part of its recovery strategy from the COVID-19 pandemic.

Serba Dinamik targets 10-15 pct growth in 2020

KUALA LUMPUR, May 14  -- Global integrated engineering solutions provider Serba Dinamik Holdings Bhd is targeting to grow 10-15 per cent in 2020 for both the top and bottom lines compared with previous years growth of 15-20 per cent. 

Serba Dinamik thanks frontliners with Ramadan food packs, blue-lit building

KUALA LUMPUR, May 13 -- Serba Dinamik Holdings Bhd has donated RM500,000 worth of Ramadan food packs to frontliners in Shah Alam in appreciation of their effort to break the chain of COVID-19 infections.

Petronas, other Asian NOCs' ratings well-positioned to withstand oil turmoil - Moody's

KUALA LUMPUR, May 7 -- The ratings of Asian national oil companies (NOCs), including Petronas, are well-positioned to withstand the drastically lower oil prices, underpinned by robust sovereign support, says an international credit rating firm.

Reopening of economic sectors will have positive impact on country's economy - MITI

KUALA LUMPUR, May 2 -- The International Trade and Industry Ministry (MITI) has welcomed Prime Minister Tan Sri Muhyiddin Yassin’s announcement to allow almost all economic sectors to resume operations starting Monday.