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TNB: Foreign utility companies also use prorated method

KUALA LUMPUR: The prorated method used by Tenaga Nasional Bhd (TNB) in calculating electricity bills is also adopted by utility companies in other countries such as Australia and those in Europe, said the company’s chief retail officer Megat Jalaluddin Megat Hassan.

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Ports to allow import, export activities by authorised companies starting tomorrow

KUALA LUMPUR: Port operators nationwide have been instructed to allow all import and export activities by companies which have been authorised to operate during the Movement Control Order (MCO) by the Ministry of International Trade and Industry. Transport Minister Datuk Seri Wee Ka Siong said

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Brazil government, banks in talks about bailing out companies

BRASILIA/SAO PAULO: Brazil’s Economy Ministry is talking with banks about providing bailouts to sectors such as airlines, automakers, power companies and large retailers to help them survive the coronavirus crisis, bank executives confirmed on Wednesday in live presentations. Reuters reported

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