<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Jan 17): Kenanga IB Research has maintained its “Market Perform” rating on Petronas Gas Bhd (PetGas) at RM16.50 with a higher target price (TP) of RM17.60 (from RM15.75) and said it raised PetGas’s FY20 earnings estimate by 16% as the effective tariff cut in RP1 is smaller than expected.</p></div>

<div class=newsTextDataWrapInner><p>In a note today, the research house said headline tariff for Peninsular Gas Utilisation hike of 5.3% is largely due to the inclusion of Internal Gas Consumption and hence causing a lower EBIT by 8%-10%, which is now part of its operating costs while Melaka Regasification Terminal should see higher EBIT by 3%-5% with the inclusion of Pengerang Jetty into Regulated Asset Base.</p></div>

<div class=newsTextDataWrapInner><p>“Share price has jumped post-announcement which is pricing it to perfection, in our view.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“Thus, we keep our MP call but at higher TP of RM17.60,” it said.</p></div>


KUALA LUMPUR (Jan 17): Kenanga IB Research has maintained its “Market Perform” rating on Petronas Gas Bhd (PetGas) at RM16.50 with a higher target price (TP) of RM17.60 (from RM15.75) and said it raised PetGas’s FY20 earnings estimate by 16% as the effective tariff cut in RP1 is smaller than expe...

Kenanga IB raises target price for Petronas Gas to RM17.60

This year as Malaysia and China commemorate 50 years of diplomatic relations, enhanced collaboration, and cooperation between the two nations will prove beneficial. The potential for the strengthening of bilateral relations is most recently demonstrated by the numerous commercial agreements and memorandums of understanding (MOUs) worth billions of ringgit that both countries inked.

Trade and investment key to bolstering Malaysia-China relations

For more than a decade, the Malaysian government has been pushing commercial and residential properties to adopt renewable energy (RE) options such as solar power. The Sustainable Energy Development Authority (SEDA) Malaysia was also set up in 2011 to help facilitate this mission. Today, while interest has picked up among commercial lots, many Malaysians still aren’t adopting it at home.

Making solar adoption more attractive via SolaRIS

KUALA LUMPUR (May 19): The unity government condemns the actions of those who try to intimidate and threaten the safety of MPs in the country.

Unity government spokesman Fahmi Fadzil said such shameful action should not be directed at any MP, whether they are backbenchers or from the Op...

Fahmi slams death threat against Seputeh MP

The police have confirmed receiving a report from Seputeh Member of Parliament (MP) Teresa Kok Suh Sim about a threatening letter she received on Saturday.

Teresa Kok files police report over death threat; cops warn public against speculation

Didi Global Inc president Jean Liu is relinquishing her roles as president and board director of China’s ride-hailing giant after almost a decade in the positions, as the company tries to revive growth following a regulatory crackdown by the government.

Didi’s president Liu relinquishes title as firm rebuilds

Jeff Bezos' space firm Blue Origin is scheduled on Sunday to launch its first crew of humans to the edge of space since the company's suborbital New Shepard rocket was grounded in 2022, resuming its space tourism business.

Bezos' Blue Origin to launch first crew to edge of space since 2022 grounding

Elon Musk and Indonesian Health Minister Budi Gunadi Sadikin launched SpaceX's satellite internet service for the nation's health sector on Sunday, aiming to improve access in remote parts of the sprawling archipelago.

Musk, Indonesian health minister, launch Starlink for health sector

Trade and investment will be the main focus for cooperation between Malaysia and Uzbekistan, following Pr

Anwar: Cooperation between Malaysia, Uzbekistan to revolve around trade and investment 

Efforts to assist small and medium-sized Malaysian companies in expanding their overseas market penetration must be enhanced to put them in a more favourable position, according to Prime Minister Datuk Seri Anwar Ibrahim.

Step up efforts to help local SMEs expand overseas market, Anwar urges

KUCHING (May 19): A mechanism to effectively control inflation must be established to ensure workers can fully benefit from any wage increase, said Sarawak Premier Tan Sri Abang Johari Tun Openg.

He said that any wage increase announced by the government or the private sector is meaning...

Sarawak premier calls for creation of mechanism to better control inflation

<p>The police have confirmed receiving a report from Seputeh Member of Parliament (MP) Teresa Kok Suh Sim about a threatening letter she received on Saturday.</p>


<p>Didi Global Inc president Jean Liu is relinquishing her roles as president and board director of China’s ride-hailing giant after almost a decade in the positions, as the company tries to revive growth following a regulatory crackdown by the government.</p>


<p>Efforts to assist small and medium-sized Malaysian companies in expanding their overseas market penetration must be enhanced to put them in a more favourable position, according to Prime Minister Datuk Seri Anwar Ibrahim.</p>


<p>KUALA LUMPUR (May 19): The unity government condemns the actions of those who try to intimidate and threaten the safety of MPs in the country.</p>

<p>Unity government spokesman Fahmi Fadzil said such shameful action should not be directed at any MP, whether they are backbenchers or from the Op...

<p>Trade and investment will be the main focus for cooperation between Malaysia and Uzbekistan, following Pr</p>


<p>KUCHING (May 19): A mechanism to effectively control inflation must be established to ensure workers can fully benefit from any wage increase, said Sarawak Premier Tan Sri Abang Johari Tun Openg.</p>

<p>He said that any wage increase announced by the government or the private sector is meaning...

<p>SEREMBAN (May 19): Deputy Minister of Communications Teo Nie Ching announced that the Cyber Security Bill is projected to be tabled by the end of this year at the latest.</p>

<p>She stated that the ministry is reviewing various aspects of the bill and seeking feedback from the Attorney General...

Tabling of Cyber Security Bill by year-end, says deputy minister 

<p>Jeff Bezos' space firm Blue Origin is scheduled on Sunday to launch its first crew of humans to the edge of space since the company's suborbital New Shepard rocket was grounded in 2022, resuming its space tourism business.</p>


<p>This year as Malaysia and China commemorate 50 years of diplomatic relations, enhanced collaboration, and cooperation between the two nations will prove beneficial. The potential for the strengthening of bilateral relations is most recently demonstrated by the numerous commercial agreements and memorandums of understanding (MOUs) worth billions of ringgit that both countries inked.&nbsp;</p>


<p>For more than a decade, the Malaysian government has been pushing commercial and residential properties to adopt renewable energy (RE) options such as solar power. The Sustainable Energy Development Authority (SEDA) Malaysia was also set up in 2011 to help facilitate this mission. Today, while interest has picked up among commercial lots, many Malaysians still aren’t adopting it at home.</p>
