Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan said that the government is formulating a price adjustment scheme to reduce the burden of fuel subsidies and compensation in the state budget.

BANGKOK: A new higher power tariff is to be postponed following an intervention by Prime Minister Prayut Chan-o-cha to curb rising living costs, says a source at the Energy Ministry.

July 19 (Reuters) – Singapore’s Sembcorp Industries Ltd on Tuesday forecast a “materially higher” first-half period than a year ago, driven by its conventional energy segment on the back of higher electricity prices in the city-state and India.

Domestic and non-domestic electricity consumers in Peninsular Malaysia won’t be hit by higher bills as there will be no change to the imbalance cost pass-through (ICPT) from July 1, 2022-December 31, 2022.