ASEAN Should Accelerate Economic Integration Efforts - Lawrence Wong

SINGAPORE, April 16 (Bernama) -- Singapore has called for accelerated economic integration within ASEAN, urging the bloc to aim for 100 per cent tariff elimination across the region, boost intra-ASEAN trade, and further reduce non-tariff barriers to enable smoother business operations across the region.

Malaysia To Advocate For Sustainable Policies Across ASEAN

KUALA LUMPUR, April 15 (Bernama) -- Malaysia is fully invested in driving the green transition not only within its borders but across Southeast Asia, and will continue to advocate for sustainable policies, technologies and practices that benefit the entire region.

ASEAN To Explore Financing Structures, Alternative Tools Including Islamic Finance For ASEAN Power Grid

KUALA LUMPUR, April 10 (Bernama) -- ASEAN member states will explore suitable financing structures and alternative tools, including Islamic finance solutions, to finance the ASEAN Power Grid (APG) projects as well as sustainable infrastructure development.

Petronas, Petrovietnam Seal 20-year PSC, UGSA Extension For PM3 CAA

KUALA LUMPUR, April 10 (Bernama) -- Petroliam Nasional Bhd (Petronas), through Malaysia Petroleum Management (MPM), and Vietnam Oil and Gas Group (Petrovietnam) have signed a key principles agreement (KPA) to extend the production sharing contract (PSC) and upstream gas sales agreement (UGSA) for the PM3 commercial arrangement area (CAA) for another 20 years.

ASEAN Urged To Scale Up Private Capital Investments For Climate Projects -- BNM Governor

KUALA LUMPUR, April 7 (Bernama) -- Bank Negara Malaysia governor Datuk Seri Abdul Rasheed Ghaffour today has called on ASEAN member states to scale up private sector investments in climate projects given the scale of the region’s investment needs.

Innovative Funding Mechanisms Can Accelerate ASEAN's Transition Towards Low-carbon Economy - Amir Hamzah

KUALA LUMPUR, April 7 (Bernama) -- Innovative funding mechanisms are vital for ASEAN to accelerate its transition towards a low-carbon economy, while strengthening climate resilience, in a just, inclusive and orderly way, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Putra Heights Fire Sparks Production Disruptions, Financial Losses For 200 Factories

By Zufazlin Baharuddin

KUALA LUMPUR, April 5 (Bernama) -- The gas pipeline fire incident at Putra Heights has significantly impacted the operations of approximately 200 industrial facilities in the Klang Valley, spanning various manufacturing sub-sectors and company sizes.

Malaysia's Ogse Players Must Tap Energy Transition Expertise To Reach Consumer Markets -- Rafizi

KUALA LUMPUR, March 20 (Bernama) -- Local oil and gas services and equipment (OGSE) players must leverage energy transition expertise to reach downstream consumer markets, said Economy Minister Datuk Seri Rafizi Ramli.

EVE Energy’s Phase 2 Expansion To Create Over 1,000 Jobs – MIDA

KUALA LUMPUR, March 17 (Bernama) -- EVE Energy Co Ltd’s (EVE Energy) Phase 2 expansion will create over 1,000 jobs, underscoring its commitment to Malaysia’s economic growth, the Malaysian Investment Development Authority (MIDA) said.  

CIP’s Fifth Flagship Fund Exceeds 12 Bln Euros Target 

KUALA LUMPUR, March 14 (Bernama) -- Copenhagen Infrastructure Partners (CIP) announced that its fifth flagship fund, CI V, has surpassed its target size of 12 billion euros at final close, reflecting strong investor interest in large-scale greenfield energy infrastructure investments. (1 Euro = RM4.80)

Investment In Sapura Energy By MDH To Repay Local Vendors - PNB

KUALA LUMPUR, March 12 (Bernama) -- The investment by Malaysia Development Holding Sdn Bhd (MDH) in Sapura Energy Bhd (SEB) will be exclusively used to repay local vendors, without benefitting any existing SEB shareholders or financial creditors, said Permodalan Nasional Bhd (PNB).

Sapura Energy Secures RM1.1 Bln Funding Through MDH's Subscription Of RCLS

KUALA LUMPUR, March 11 (Bernama) -- Sapura Energy Bhd (SEB) has secured RM1.1 billion in investment from Malaysia Development Holding Sdn Bhd (MDH) through the latter's subscription of the company’s nominal value of redeemable convertible loan stocks (RCLS).