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ESCAP: ASEAN Must Prioritise Sustainable Investment, Narrow Development Gaps Among Member States

By Nur Athirah Mohd Shaharuddin & Nabilah Saleh

KUALA LUMPUR, Feb 20 (Bernama) -- The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) has emphasised the need for ASEAN to adopt sustainable and inclusive investment strategies as key drivers of economic resilience and growth.

SeRenE, Megamas Resources Partner To Establish Semarak MIS JV

KUALA LUMPUR, Feb 21 (Bernama) -- Semarak Renewable Energy Sdn Bhd (SeRenE) has inked a memorandum of agreement (MoA) with Megamas Resources, a Singapore-based marine and offshore services provider, to establish a new joint venture company, Semarak MIS Sdn Bhd. 

Malaysia Should Lead ASEAN’s Green Shipping Transition Through Financing, Collaboration, Says Expert

By Harizah Hanim Mohamed

KUALA LUMPUR, Feb 19 (Bernama) -- Malaysia should spearhead sustainable or green shipping initiatives within ASEAN, such as expanding access to regional financing schemes and promoting cooperation in carving out low-carbon shipping routes.

BYD Energy Storage Inks World's Largest Grid-scale Energy Storage Deal, Totalling 15.1 GWh

KUALA LUMPUR, Feb 18 (Bernama) -- BYD Energy Storage and Saudi Electricity Company (SEC) recently signed the world's largest grid-scale energy storage projects contracts with a capacity of 12.5 gigawatt hours (GWh) at the time.

Ringgit In Right Direction Despite Uncertainties Caused By US Trade War - BNM Governor

KUALA LUMPUR, Feb 17 (Bernama) -- The ringgit is moving in the right direction despite the uncertainties caused by the United States’ (US) trade war, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.

Malaysia Can Drive ASEAN-China Synergies In Achieving Asian Century - Tengku Zafrul

KUALA LUMPUR, Feb 17 (Bernama) — Malaysia could drive ASEAN-China synergies to achieve the Asian Century, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Renewable Energy Capacity Mix To Be Raised To Meet Data Centre Needs - Akmal Nasrullah

KUALA LUMPUR, Feb 17 (Bernama) -- The government is committed to gradually and systematically increase the renewable energy (RE) capacity mix in the national electricity supply since access to green electricity supply is a "pre-requisite" for data centre development, and to ensure that RE needs for data centre development can be met.

Sarawak Energy Commissions Malaysia’s First Utility-Scale Battery Storage System

KUCHING, Feb 14 (Bernama) -- Sarawak Energy Bhd (SEB) has commissioned Malaysia’s first utility-scale Battery Energy Storage System (BESS) at the Sejingkat Power Plant.  

Malaysia's RE Sector Seen Entering 'Supercycle' As Country Accelerates Energy Transition

KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia's renewable energy (RE) sector is expected to enter a “multi-decade supercycle” as the country accelerates its energy transition.

Govt Continues To Identify New Strategies To Ensure Malaysia Remains A Competitive Investment Destination -- PM Anwar

KUALA LUMPUR, Feb 13 (Bernama) -- The government continues to identify new strategies to make Malaysia an attractive and competitive investment destination, said Prime Minister Datuk Seri Anwar Ibrahim.

ASEAN Economic Ministers To Endorse 18 Priority Economic Deliverables At Upcoming Retreat

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 6 (Bernama) -- ASEAN Economic Ministers (AEM) are set to endorse 18 Priority Economic Deliverables (PEDs) at the upcoming AEM’s Retreat in Johor at the end of February, aiming to drive regional economic integration, inclusivity, sustainability and digital trade.

Bursa Malaysia Closes Lower Amid Heightened Risk Aversion

By Harizah Hanim Mohamed

KUALA LUMPUR, Feb 3 (Bernama) -- Bursa Malaysia finished easier on the first trading day of February as heightened risk aversion gripped the market following the United States (US) President Donald Trump’s administration's announcement of new tariffs.