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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.

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.

Talent Shortage A Key Barrier To ASEAN Energy Transition - Gamuda Engineering

KUALA LUMPUR, Oct 15 (Bernama) -- The ASEAN region’s energy sector is grappling with a severe talent shortage amid the rapid pace of the energy transition, with the availability of skilled workers emerging as the single biggest factor limiting growth, said Gamuda Engineering Sdn Bhd managing director Justin Chin.

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.

New Zealand Offers RE, Agricultural Expertise To Boost Ties With ASEAN -- PM Luxon

By Nor Baizura Basri

KUALA LUMPUR, Oct 15 (Bernama) -- New Zealand is offering its expertise and transfer of knowledge to ASEAN member states, particularly in renewable energy (RE) and agriculture, to strengthen ties beyond the 50-year dialogue, said its Prime Minister Christopher Luxon.

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.

INNIO, Infra Daya Power Up Batam With 80 MW Deal

KUALA LUMPUR, Oct 15 (Bernama) -- INNIO Group has signed an agreement with PT MPower Daya Energia, a subsidiary of Infra Daya Group, to deliver 80 megawatts (MW) of power to support grid stabilisation in Batam, Indonesia.

ASEAN's Energy Transition No Longer Aspirational But Competitive Necessity - UEM Group

KUALA LUMPUR, Oct 15 (Bernama) -- The road to energy transition and renewable energy (RE) in the ASEAN region is no longer aspirational but a competitive necessity, said UEM Group Bhd managing director Datuk Amran Hafiz Affifudin.

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.”

Solarvest Shares Climb On Jv With Brookfield

KUALA LUMPUR, Oct 15 (Bernama) -- Solarvest Holdings Bhd was among the most active counters on Bursa Malaysia in early trade today after announcing a joint investment partnership with global asset manager Brookfield.

MPOB, MyIPO Partner To Boost Palm Oil Innovation And R&D

KUALA LUMPUR, Oct 15 (Bernama) -- The Malaysian Palm Oil Board (MPOB) and the Malaysian Intellectual Property Corporation (MyIPO) have signed a memorandum of understanding (MoU) to strengthen strategic collaboration and safeguard innovation and research in the palm oil sector.