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Natural gas production continued to increase, but was diverted to exports. At one point oil was a significant fuel for electricity generation, producing 21% of electricity in 1995, but as oil prices rose this decreased to 2% in 2010 and 0.6% in 2017. [2] Hydropower is concentrated in East Malaysia, although potential also exists in Perak and ...
In 2018, Malaysia set a 20% target of renewable energy in the country's energy mix by 2025, an 18% increase from the 2% Malaysia had in 2018. [4] In order to reach the target, the country needs to attract a total of USD 8 billion of investment in renewable energy during this period; for attracting investment the government could improve its ...
Malaysia is the global leader in terms of the sukuk (Islamic bond) market, issuing RM62 billion (US$17.74 billion) [129] worth of sukuk in 2014 - over 66.7% [130] of the global total of US$26.6 billion [127] [131] Malaysia also accounts for around two-thirds of the global outstanding sukuk market, controlling $178 billion of $290 billion, the ...
Water supply-related matters in Malacca is administered by Syarikat Air Melaka Berhad (Malacca Water Company Limited) which is headquartered at Malacca City. It was established on 1 July 2006 after it was upgraded from its predecessor Malacca Water Corporation (Malay: Perbadanan Air Melaka). The company is also responsible for the maintenance ...
The reduced expectations for 2025 rate cuts sent Treasury yields rising in the bond market, squeezing the stock market. The yield on the 10-year Treasury rose to 4.51% from 4.40% late Tuesday ...
The fixed rate for a 15-year mortgage is 6.14%, up 1 basis point from last week's average 6.13%. These figures are lower than a year ago, when rates averaged 6.66% for a 30-year term and 5.87% for ...
In 2010, global energy intensity was 5.6 megajoules (1.6 kWh) per US dollar of GDP. [42] United Nations goals call for energy intensity to decrease by 2.6% each year between 2010 and 2030. [43] In recent years this target has not been met. For instance, between 2017 and 2018, energy intensity decreased by only 1.1%. [43]
6 January – The Indonesia AirAsia Flight 8501 crash: Four air traffic controllers have been suspended for failing to check the approved flight schedule for AirAsia QZ8501. [1] 6 January – Malaysia takes a seat as a non-permanent member of the UN Security Council. 6 January – 2014–15 Peninsula Malaysia floods: