ECoS strengthens efforts to increase energy generation capacity
Published on: Tue, May 27, 2025 Text Size: KOTA KINABALU: The Energy Commission of Sabah (ECoS), led by Datuk Ir. Abdul Nasser Abdul Wahid, recently conducted inspections of major energy projects along Sabah's West Coast, including SPR Energy Power Plant, Kimanis Power Plant, Sabah Oil & Gas Terminal, Tenom Pangi Hydro Station, and new sites in Kimanis. The visits aimed to review project progress, safety, and operational efficiency to ensure stable electricity supply. Two new projects are expected to add 200MW to the grid. Nasser highlighted that these efforts align with the Sabah Government's commitment under the Sabah Energy Roadmap and Master Plan 2040 to improve and sustain the state's energy sector through strong collaboration amongst agencies and industry players. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available.
Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Daily Express
35 minutes ago
- Daily Express
Sabah's trade tops RM100 billion for third straight year
Published on: Friday, July 04, 2025 Published on: Fri, Jul 04, 2025 Text Size: For illustrative purposes only - Getty Images/iStockphoto KOTA KINABALU: Sabah's total trade remained above RM100 billion for the third consecutive year in 2024, despite a drop in exports and a rise in imports. The Department of Statistics Malaysia (DOSM) reported Sabah's trade value at RM107.8 billion in 2024, with a 2.7 per cent year-on-year growth. Advertisement Exports declined by 2.3 per cent to RM61.3 billion, while imports rose 10.2 per cent to RM46.4 billion, resulting in a lower trade surplus of RM14.9 billion compared to 2023. Chief Statistician Datuk Seri Mohd Uzir Mahidin said the top export commodities were crude petroleum (RM21.3 billion), palm oil (RM17.3 billion), and liquefied natural gas (RM4.6 billion). The main imports were refined petroleum products (RM5.2 billion), manufactured fertilisers (RM1 billion), and palm-based oleochemicals (RM266 million). * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Daily Express
an hour ago
- Daily Express
Sabah launches utility corridor to fast-track infrastructure
Published on: Friday, July 04, 2025 Published on: Fri, Jul 04, 2025 Text Size: Abidin launches KUS. - Pic by CMD The Sabah Government has officially launched the Sabah Utility Corridor (KUS), aimed at streamlining utility coordination and accelerating infrastructure development across the state. Chief Minister Datuk Seri Hajiji Noor, in a speech delivered by Assistant Minister Datuk Abidin Madingkir, said KUS would serve as a one-stop agency to fast-track utility work permits and consolidate the state's utility asset database. Advertisement He said the initiative aligns with the Sabah Maju Jaya roadmap and is expected to improve service efficiency, transparency, and project delivery through digital technologies and integrated mapping. Hajiji added that KUS will enhance safety, reduce overlapping works, and support Sabah's digitalisation, investment appeal, and smart city plans through public-private sector collaboration. He also noted the project would boost industrial logistics, create rural job opportunities, and improve access to electricity, water, and telecommunications in underserved areas. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Daily Express
5 hours ago
- Daily Express
TNB facing RM5 billion tax bill after Federal Court ruling
Published on: Friday, July 04, 2025 Published on: Fri, Jul 04, 2025 By: FMT Reporters Text Size: On Wednesday, the Federal Court ruled that TNB is a utility company, and not a manufacturing concern eligible to claim reinvestment allowance. PETALING JAYA: National utility company Tenaga Nasional Bhd is facing a RM5.05 billion tax bill following a Federal Court rulIng that it is not eligible to claim reinvestment allowance. Citing TNB's 2024 annual report, The Edge reported today that the Inland Revenue Board (LHDN) issued the company RM9.25 billion in additional tax assessments. Advertisement However, RM2.44 billion in penalties was waived through settlements. 'TNB paid RM1.76 billion in December 2020, leaving an estimated RM5.05 billion still outstanding,' the report by the financial portal added. Yesterday, it was reported that TNB's shares plunged a day after the Federal Court overturned a ruling in the largest corporate tax dispute in the country's history, resulting in losses of over RM3 billion in its market capitalisation. Its shares fell as much as 74 sen, or over 5%, to its lowest level since June 3, with the counter closing at RM14.02. On Wednesday the apex court overturned a Court of Appeal ruling that found the national utility company to be in the business of manufacturing electricity. It said TNB should actually have been considered a utility company under Schedule 7B of the Income Tax Act 1967 (ITA). The dispute arose when LHDN disallowed TNB's claim under Schedule 7A of the ITA on the basis that the generation, distribution and transmission of electricity did not constitute manufacturing of electricity. TNB had also argued that it was only a service provider. In 2022, the High Court allowed TNB's judicial review application to set aside LHDN's RM1.8 billion tax assessment for the year 2018. Two years later, the Court of Appeal upheld the High Court's ruling. TNB has already paid the sum. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
