water resources

Govt aims for water sector to be seen as having investment value by 2040

The government intends, by 2040, to ensure the water sector would no longer be seen through the aspect of welfare, but instead having a value for investment, so that water operators in the country can start investing, said the environment minister.

Selangor allots RM100 mil for pump infra under raw water scheme

The Selangor state government has allocated RM100 million for the continuation of pump infrastructure projects under the Raw Water Assurance Scheme, said Menteri Besar Datuk Seri Amirudin Shari.

Water resources should be a matter of national security, says Santiago

The country needs to view the management of water resources from a national security lens, especially in facing the uncertainties of climate change, said National Water Services Commission chairman Charles Santiago.

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Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

FashionValet a loss-making entity before and after Khazanah, PNB’s RM47 mil investment

GLICs bought stakes in 2018, company records show total RM103.3 million losses after tax from 2017 to 2022

[UPDATED] Petronas confirms ongoing productivity reviews to ‘eliminate inefficiencies’

Responding to Scoop, industry giant said it aims to become ‘operationally focused, commercially agile and cost-efficient’, but did not clarify if it is linked to Petros deal