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PKNS FMI Launches Inaugural Sustainability Report

By Nadia Jumri

SHAH ALAM, Dec 23 (Bernama) -- PKNS FM Integrated Sdn Bhd (PKNS FMI) has released its inaugural Sustainability and Environmental, Social, and Governance (ESG) report, which outlines the company’s sustainability-related performance and initiatives for the period from Jan 1, 2024 to May 30, 2025.

Malaysia's Economy To Expand 4.3-4.5 Pct In 2026, Driven By Domestic Demand -- IPPFA

KUALA LUMPUR, Dec 23 (Bernama) -- Malaysia’s economy is projected to expand between 4.3 per cent and 4.5 per cent in 2026, reflecting a decisive shift toward growth that is increasingly supported by household consumption, services activity and internal income formation.

Yinson Unit Enters 15-Year PPA With Genesis Energy Of New Zealand

KUALA LUMPUR, Dec 22 (Bernama) -- Yinson Holdings Bhd’s indirect wholly owned subsidiary Mt Cass Wind Farm Ltd (MCWFL) has entered into a 15-year power purchase agreement (PPA) with Genesis Energy Ltd from its 94.6 megawatt (MW) wind farm located on the South Island of New Zealand.

AM Best Revises Hong Kong’s Min Xin Insurance Outlook To Positive

KUALA LUMPUR, Dec 22 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating of B++ (Good) and a long-term issuer credit rating of “bbb+” (Good) of Hong Kong’s Min Xin Insurance Company Limited (MXIC).

Meltwater Wins Three Comparably Awards

KUALA LUMPUR, Dec 22 (Bernama) -- Meltwater has secured three Comparably Awards, underscoring its continued commitment to building a strong culture, investing in leadership, and creating an environment where employees can do their best work.

MATRADE Appoints Abu Bakar Yusof As CEO

KUALA LUMPUR, Dec 20 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has appointed Abu Bakar Yusof as chief executive officer effective today.

Anwar Welcomes IMF Assessment, Reaffirms Priority On Prudent Economic Management

KUALA LUMPUR, Dec 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has welcomed the International Monetary Fund’s (IMF) assessment of Malaysia’s economic performance, emphasising that the government’s priority remains ensuring economic stability is managed responsibly.

SumiSaujana To Expand Into Indonesia With Wet Gas Sulphuric Acid Facility 

From Zufazlin Baharuddin

JAKARTA, Dec 19 (Bernama) -- SumiSaujana Group Bhd (SumiSaujana) plans to expand its footprint into Indonesia after wholly owned subsidiary SumiSaujana TCM Chemicals Sdn Bhd (SSTCM) entered into a memorandum of understanding (MoU) to jointly explore the development of a wet gas sulphuric acid (WSA) facility at PT Kilang Pertamina Internasional’s (KPI) refinery units in Indonesia.

PNB Declares 5.75 Sen ASB Income Distribution, RM10.4 Bln Payout For FY2025

KUALA LUMPUR, Dec 19 (Bernama) -- Permodalan Nasional Bhd’s (PNB) wholly owned unit trust management company, Amanah Saham Nasional Bhd (ASNB), has declared a total income distribution of 5.75 sen per unit for Amanah Saham Bumiputera (ASB) for the financial year ending Dec 31, 2025 (FY2025).

500 Global Backs Morocco’s Startup Venture Building Programme

KUALA LUMPUR, Dec 19 (Bernama) -- Venture capital firm 500 Global announced it has been selected to support Morocco’s Startup Venture Building (VB) initiative, a flagship programme under the government’s Digital Morocco 2030 strategy, marking a further expansion of the firm’s footprint across Africa.

Gadang Unit Signs Large Scale Solar Photovoltaic PPA With Sabah Electricity

KUALA LUMPUR, Dec 18 (Bernama) -- Gadang Holdings Bhd announced that its 60 per cent-owned subsidiary Tenaga Aspirasi Sdn Bhd (SPP) today signed a large scale solar photovoltaic power purchase agreement (PPA) with Sabah Electricity Sdn Bhd. 

SunCon Secures Data Centre Contract Worth RM570 Mln From US-based Tech Firm

KUALA LUMPUR, Dec 18 (Bernama) -- Sunway Construction Group Bhd’s (SunCon) wholly owned subsidiary Sunway Construction Sdn Bhd (SCSB) has secured a general contractor package works for a data centre development worth RM570 million from a United States-based multinational technology corporation.