Bank Negara Malaysia (BNM) has required two banks which experienced service outages recently to provide a full explanation of the root cause leading to the incidents
Datuk Seri Wee Ka Siong urged the Finance Ministry and BNM to impose hefty penalties on banks to deter unannounced downtime and ensure improved services.
The Energy Commission has set a new average base tariff of 45.40 sen/kWh for RP4, slightly lower than before, bringing overall electricity costs down by up to 19% compared to the previous regulatory period
