The plunge in global oil prices will lead to much lower Petronas - and consequently, government - revenue and worsen the government's fiscal deficit.Some key points extracted from this report in the Edge:- low oil prices are a...
Even as Asean goes about forming the Asean Community in 2015, a major regional controversy is brewing in the Mekong Delta, where a Malaysian firm Mega First Corporation Bhd plans to build a 256MW dam.[googlemaps https://www.google.com/maps/embed?pb=!1m25!1m8!1m3!1d7806242.792431344!2d105.313198!3d17.187618!3m2!1i1024!2i768!4f13.1!4m14!1i0!3e6!4m5!1s0x3128a6c7420d0173%3A0x7a3a73a18748e18a!2sXayaburi+Dam!3m2!1d19.254016999999997!2d101.813667!4m5!1s0x31130ff0c26e905d%3A0x60650fedcf8f235a!2sDon+Sahong+Dam!3m2!1d13.943852999999999!2d105.956283!5e0!3m2!1sen!2smy!4v1418460504950&w=600&h=450]The Don Sahong...
... for those whose previous monthly electricity bills ranged from RM120-RM200. The percentage increase will be more than 17 per cent for those whose monthly bills were higher than RM200 under the old tariff structure.That's because, while the domestic...
Only recently, 1 November 2013, a business press report told us how well TNB had performed in 2013.The profit would have been even more than RM4.6bn if not for forex losses in the fourth quarter. In TNB's fourth...
Francis, the Bishop of Rome, has been photographed with anti-fracking activists from Argentina. That's not surprising. At the start of his ministry in the Vatican, Francis had mentioned his concern about our broken relationship with Creation. He is now...
As you can see, the global oil price has actually dropped over the last few years. So why has the domestic oil price gone up by 20 sen per litre?This is a press statement from Institute Rakyat:Not just...
The wonders of our float system as our pump prices go up even as the global oil price in an oversupplied market hits a three-week low. How is this possible?It would appear that public coffers badly need the...
The last time around, at the end of June 2015, petrol pump prices rose by 10-20 sen per litre under our 'wonderful' monthly float system even though the global oil price fell during the month. So what will the...
CPC Corp, the Taiwanese firm interested in building a RM35bn petrochemical complex in Pengerang, Johor, had wanted to push ahead with its project here reportedly because its facility in southern Taiwan would be shut down in 2015 following strong...
More questions have been raised on the reported surrender of Blocks L and M to Brunei during the Abdullah Badawi administration.Source: rigzone.comBlocks L and M, not far from the Sabah coast, are reportedly referred to in Brunei as Blocks...

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