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Commercial electricity costs fell slightly in the second half of the year. National Energy: No impact on finance
$TENAGA(5347.MY$ National Energy today ushered in a cost transfer mechanism (ICPT) for the second half of the year. From July 1 to December 31, the peninsula's household electricity rate remained unchanged; the ICPT surcharge for commercial and industrial users was reduced by 1 cent per kilowatt-hour.
The Ministry of Energy and Water Transition (PETRA) recently announced that the government has decided to continue implementing the ICPT from July 1 to December 31 this year.
This is to deal with additional power generation costs due to higher fuel prices between January 1 and June 30 this year.
So far, since the mechanism was introduced in 2015, the government has implemented 20 cycles of ICPT.
According to this, the government will allocate RM2.292 billion as targeted electricity subsidies for the second half of the year.
Despite this, National Energy said it will not have any impact on its business operations and finances.
It is worth noting that Guoneng's stock price in the first half of the year was driven by fanatical data center themes, and reached a 52-week high of RM14.28 on June 18.
Last week, China was affected by market arbitrage and pulled back slightly, but on the first trading day of the second half of the year, it seemed to regain upward momentum.
Source: Nanyang Siang Pao
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. Readers are solely responsible for any risk and liability arising from reliance on this content. At...
$TENAGA(5347.MY$ National Energy today ushered in a cost transfer mechanism (ICPT) for the second half of the year. From July 1 to December 31, the peninsula's household electricity rate remained unchanged; the ICPT surcharge for commercial and industrial users was reduced by 1 cent per kilowatt-hour.
The Ministry of Energy and Water Transition (PETRA) recently announced that the government has decided to continue implementing the ICPT from July 1 to December 31 this year.
This is to deal with additional power generation costs due to higher fuel prices between January 1 and June 30 this year.
So far, since the mechanism was introduced in 2015, the government has implemented 20 cycles of ICPT.
According to this, the government will allocate RM2.292 billion as targeted electricity subsidies for the second half of the year.
Despite this, National Energy said it will not have any impact on its business operations and finances.
It is worth noting that Guoneng's stock price in the first half of the year was driven by fanatical data center themes, and reached a 52-week high of RM14.28 on June 18.
Last week, China was affected by market arbitrage and pulled back slightly, but on the first trading day of the second half of the year, it seemed to regain upward momentum.
Source: Nanyang Siang Pao
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. Readers are solely responsible for any risk and liability arising from reliance on this content. At...
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![Commercial electricity costs fell slightly in the second half of the year. National Energy: No impact on finance](https://sgsnsimg.moomoo.com/sns_client_feed/103267505/20240701/78647cd89eb94732574d477ee01b575b.jpg/thumb?area=104&is_public=true)
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miss alot of trading opportunities but nonetheless still happy with what I achieved. hope 2nd half can maintain or get even btr return cheers guys 🥂
![Quite happy with my wins](https://sgsnsimg.moomoo.com/sns_client_feed/102148826/20240701/57120bfd160e25dea26035af00d0c1b9.jpg/thumb?area=104&is_public=true)
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Teslaconomics
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Through this playbook, we aim to provide you with the tools and knowledge necessary to navigate the exciting world of ETF investing with confidence! Join us as we explore the various strategies and opportunities offered by ETFs, and discover how they can enhance your investment portfolio.
Hey, mooers!![]()
Welcome back to the ETF Playbook, where we help you master powerful tools on ETF trading and win rewards through the playbook! To...
Hey, mooers!
Welcome back to the ETF Playbook, where we help you master powerful tools on ETF trading and win rewards through the playbook! To...
![The ETF Playbook 2: Master Indicator Analysis and win rewards! 🎉](https://ussnsimg.moomoo.com/sns_client_feed/77777022/20240628/1719559341459-4ad9648a8b.png/thumb?area=103&is_public=true)
![The ETF Playbook 2: Master Indicator Analysis and win rewards! 🎉](https://ussnsimg.moomoo.com/sns_client_feed/77777022/20240628/1719559366702-8f3583af5a.jpeg/thumb?area=103&is_public=true)
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For the start, what is "AI PC"? ![]()
AI PC refers to a class of computers utilizing AI technology in diverse ways to provide users with enhanced features and a more tailored, efficient computing experience.
On June 18, AI has significantly boosted the market caps of major tech companies. $NVIDIA(NVDA.US$ reached a $3.34 trillion market cap, becoming the first for the first time. $Microsoft(MSFT.US$ follows closely at $3.32...
AI PC refers to a class of computers utilizing AI technology in diverse ways to provide users with enhanced features and a more tailored, efficient computing experience.
![From imagination to innovation: Riding the investment tsunami of AI PCs🌪](https://ussnsimg.moomoo.com/sns_client_feed/77777022/20240627/1719476004878-66fcf16d28.jpeg/thumb?area=103&is_public=true)
![From imagination to innovation: Riding the investment tsunami of AI PCs🌪](https://ussnsimg.moomoo.com/sns_client_feed/77777022/20240627/1719474736608-5a31b9400c.png/thumb?area=103&is_public=true)
![From imagination to innovation: Riding the investment tsunami of AI PCs🌪](https://ussnsimg.moomoo.com/sns_client_feed/77777022/20240627/1719459980310-756c85255d.png/thumb?area=103&is_public=true)
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