Penang announces task force to track US tariff effects, toolkit to help SMEs soften impact

GEORGE TOWN: Penang will set up a tariff monitoring task force and develop a toolkit to help affected sectors deal with the tariffs announced by the United States. Chief Minister Chow Kon Yeow said the task force will function as a central coordination platform to track trade developments, engage with affected sectors, and inform responsive policy...

TNB: ICPT mechanism to have to impact on business operations

KUALA LUMPUR: The implementation of the Imbalance Cost Pass-Through (ICPT) mechanism will be neutral, and not affect the company’s business operations and financial position, according to Tenaga Nasional Bhd (TNB). In a filing with Bursa Malaysia today, TNB said the Ministry of Energy Transition and Water Transformation's (PETRA) recent announcement follows the government's decision to continue the ICPT...