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Aligning Energy And Climate Policies Drives ASEAN’s Progress Toward Energy Transition

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 17 (Bernama) -- Addressing energy and climate policies together creates a powerful momentum for ASEAN as the region progresses towards energy transition, an expert said.

Deel Secures US$300 Mln Investment, Valued At US$17.3 Bln

KUALA LUMPUR, Oct 17 (Bernama) -- Deel, the global human resources (HR) and payroll platform, has secured a US$300 million strategic investment led by Ribbit Capital, with continued backing from existing investors Andreessen Horowitz and Coatue Management, with participation from General Catalyst, Green Bay Ventures and others. (US$1=RM4.21)

Malaysia Could Start Nuclear Power Development With Floating Power Units - Rosatom

KUALA LUMPUR, Oct 16 (Bernama) – Malaysia could begin its nuclear power development with floating power units (FPUs) as an initial step towards establishing nuclear capacity by 2031, said Rosatom Energy Projects project director Alexander Tsibulya.

AM Best To Lead Session, Sponsor And Exhibit At Thailand Reinsurance Conference

KUALA LUMPUR, Oct 16 (Bernama) -- Global credit rating agency, AM Best announced it will lead a session, sponsor and exhibit at the inaugural Thailand Reinsurance Conference, taking place from Oct 30 to Nov 1 in Bangkok.

Ascott Launches Photography Contest Ahead Of HARRIS-Branded Hotel Opening In Penang

GEORGE TOWN, Oct 15 (Bernama) -- The HARRIS Hotel & Conventions Sunshine, managed by The Ascott Limited Malaysia, is set to open in January 2026, marking the debut of the HARRIS brand in Penang.

ADB, World Bank Launch ASEAN Power Grid Financing Initiative

KUALA LUMPUR, Oct 15 (Bernama) -- The Asian Development Bank (ADB) and the World Bank Group, in partnership with ASEAN, today launched the ASEAN Power Grid (APG) Financing Initiative to support the development and integration of national power grids across the region.

ADB Reaffirms Exclusion Of Nuclear Energy Financing

KUALA LUMPUR, Oct 15 (Bernama) -- The Asian Development Bank (ADB) has reaffirmed that it will not finance any nuclear power generation projects under its current energy policy.

Govt Received RM20.71 Bln In Settlement Over 1MDB From Three Banks To Date - MOF

KUALA LUMPUR, Oct 15 (Bernama) -- The government and 1Malaysia Development Bhd (1MDB) have reached settlements with three financial institutions, namely, Goldman Sachs amounting to US$3.9 billion (RM16.48 billion), AmBank Group amounting to RM2.83 billion, and JP Morgan (Switzerland) Ltd amounting to RM1.4 billion to date.

Downward Trend In Debt, Fiscal Reforms Can Support Malaysia’s Sovereign Rating -- Fitch

KUALA LUMPUR, Oct 14 (Bernama) -- The expectation of a downward trend in general government debt and Gross Domestic Product (GDP) that is closer to peer medians, supported by a strong consolidation strategy and improved growth prospects, could put upward pressure on Malaysia’s ‘BBB+’ sovereign rating.

Unveiling Tsubaki’s Upgraded Formulations with Camellia Oil Force for Shinier & Bouncier Hair

KUALA LUMPUR, Oct 14 ( Bernama)-- Tsubaki, Japan’s leading haircare brand renowned for its beauty innovations, has unveiled its upgraded formulations powered by Camellia Oil Force in Malaysia through a unique showcase, The City of Tsubaki, which featured immersive experiences, interactive activities and artistic expressions that beautifully blended haircare with the art of fine pastry. 

25th ASEAN Energy Business Forum Serves As A Platform For ASEAN's Energy Collaboration

KUALA LUMPUR, Oct 14 (Bernama) -- The 25th ASEAN Energy Business Forum 2025 (AEBF) commences tomorrow, serving as the platform to strengthen regional collaboration and mobilise partnerships that accelerate ASEAN’s energy transformation.

Malaysia To Reap Economic Benefits From Sovereign AI Cloud Development – IT Specialist

KUALA LUMPUR, Oct 14 (Bernama) -- The RM2 billion investment to develop the Sovereign AI Cloud in Budget 2026 will enable Malaysia to reap economic benefits, as it allows the country to retain the value created through artificial intelligence (AI) by keeping revenues, jobs and intellectual property within its national borders, an information technology (IT) specialist said today.