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KWAP Unveils RM2 Bln Dana Iklim+ To Accelerate Nation’s Net Zero Transition

KUALA LUMPUR, Oct 16 (Bernama) — Kumpulan Wang Persaraan (Diperbadankan) (KWAP) has unveiled a climate-focused investment fund, Dana Iklim+, with a target deployment of RM2 billion to accelerate Malaysia’s transition towards a low-carbon and climate-resilient economy.

ASEAN Must Embrace Digital Sovereignty To Safeguard Energy Security

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 16 (Bernama) -- Digital sovereignty is the foundation of energy security, as ASEAN’s power systems undergo rapid digitalisation driven by the integration of smart grids, renewable energy and data-driven technologies. 

Labuan IBFC, ASAS Ink Strategic Alliance To Advance Islamic Finance

KUALA LUMPUR, Oct 16 (Bernama) -- Labuan IBFC Incorporated Sdn Bhd and the Association of Shariah Advisors in Islamic Finance Malaysia (ASAS) have formalised a strategic partnership to strengthen collaboration in advancing the Islamic finance landscape.

ASEAN’s Aim For Fully Integrated Power Grid By 2045 Ambitious But Achievable -- World Bank

KUALA LUMPUR, Oct 15 (Bernama) -- ASEAN’s goal to build a fully integrated regional power grid by 2045 is ambitious but achievable, said World Bank lead energy specialist Yussuf Uwamahoro.

Fadillah Urges ASEAN To Boost Clean Energy Investment Through Partnerships, Green Financing

KUALA LUMPUR, Oct 15 (Bernama) -- ASEAN should aim to become a destination for clean energy investment by unlocking public-private partnerships, green financing and climate funds, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

Malaysia’s GDP Growth To Stay Above 4 Pct Through 2026 -- MARC Ratings

KUALA LUMPUR, Oct 15 (Bernama) -- Malaysia’s economy is expected to sustain growth of above four per cent in 2025 and 2026, driven by resilient domestic demand, major infrastructure projects and ongoing structural reforms, Malaysian Ratings Bhd said.

Prudential Syariah Drives Inclusive Growth In Indonesia’s Takaful Market

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 15 (Bernama) -- The takaful scene in Malaysia and Indonesia is on a steady rise, with analysts projecting the market to soar to US$5.4 billion (US$1=RM4.22) by 2033 -- a sign that demand for Shariah-compliant protection is no longer niche, but mainstream.

RegASK Unveils First-Ever Agentic AI Command Centre For Regulatory Affairs 

KUALA LUMPUR, Oct 15 (Bernama) -- RegASK, a leading agentic artificial intelligence (AI) platform for regulatory intelligence, has launched the industry’s first vertical agentic AI command centre, known as the Action Hub, to streamline regulatory affairs operations.

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.

Takaful Industry Takes Global Stage At GIFF 2025

KUALA LUMPUR, Oct 15 (Bernama) -- The Malaysian Takaful Association (MTA), as a supporting partner of the Global Islamic Finance Forum (GIFF) 2025, highlighted ASEAN’s progress and future direction in Takaful during the ASEAN Spotlight session, themed “Charting ASEAN’s Takaful Transformation - From Strength to Global Benchmark.”

Malaysia To Hold Discussions With The US On Sectoral Tariffs - Tengku Zafrul 

KUALA LUMPUR, Oct 15 (Bernama) -- Malaysia will hold discussions with United States (US) Secretary of Commerce Howard Lutnick regarding sectoral tariffs that will be imposed by the US on specific sectors, such as semiconductors, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

New Performance-Based Incentive Framework Ensures Rewards Tied To Achievements -- Tengku Zafrul

KUALA LUMPUR, Oct 14 (Bernama) -- The New Performance-Based Incentive Framework will ensure actual achievements can be measured and encouraged, with incentives granted only when set performance targets are met, said the Minister of Investment, Trade and Industry, Tengku Datuk Seri Zafrul Abdul Aziz.