EPF ups stake in YTL Power – Business News KUALA LUMPUR: The Employees Provident Fund (EPF) has emerged as a substantial shareholder in its…
EC awards Sandakan power plant project – Business News KUALA LUMPUR: Ranhill Holdings Bhd said a consortium of companies, in which its subsidiary is…
Buyers shun sale of stake in Vietnam power firm – Business News HANOI: Prospective investors have registered interest in less than three percent of the stake Vietnam…
PublicInvest positive on Battersea Power Station sale proposal – Business News KUALA LUMPUR: PublicInvest Research is positive on news that SP Setia Bhd has entered a…
Payout Power: Singapore Loves Dividends, Australia Most Generous – Business News BANGKOK: Dividend-dependent investors were best served by the Asia-Pacific region last year, with Australia’s benchmark…
General Electric to cut 12,000 jobs in power business revamp – Business News ZURICH: General Electric Co is axing 12,000 jobs at its global power business, the struggling…
Dolomite shuts down loss-making power business for now – Business News KUALA LUMPUR: Dolomite Bhd is ceasing, albeit temporarily, its thermal power generation business in Shandong,…
Nepal to build US$2.5b power project after China deal scrapped – Business News KATHMANDU: A state-owned Nepali power company will develop the Himalayan country’s biggest hydroelectric plant after…
YTL Power posts 9% lower first quarter earnings at RM132m – Business News KUALA LUMPUR: YTL Power International Bhd posted 9.6% lower earnings of RM132.45mil in its first…
Mudajaya secures RM32mil settlement related to Tg Bin power plant – Business News PETALING JAYA: Mudajaya Group Bhd has received a RM32.3mil settlement from insurance companies for outstanding…