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ASEAN Power Grid To Focus On Longer Regional Interconnections - Energy Commission CEO

KUALA LUMPUR, Oct 17 (Bernama) -- The ASEAN Power Grid (APG) is entering a new phase of expansion, focusing on longer regional interconnections that are critical to delivering renewable energy across the region, said Energy Commission chief executive officer Siti Safinah Salleh.

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)

Taiwanese Startups Forge Smart Partnerships With Selangor Through Startup Challenge 2025

KUALA LUMPUR, Oct 17 (Bernama) -- Taiwan and Malaysia have strengthened their collaboration in technology and innovation through the Startup Challenge 2025, which saw four outstanding Taiwanese startups advance to the City Category final organised by Taiwan’s Small and Medium Enterprise and Startup Administration (SMESA).

TNB Calls For Stronger ASEAN Cooperation To Advance Regional Power Grid And Energy Transition

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 17 (Bernama) -- Tenaga Nasional Bhd (TNB) has called for deeper regional cooperation among ASEAN utilities to harmonise regulations, modernise grids, and strengthen collective efforts towards a just and sustainable energy transition.

IILM Upsizes Sukuk Programme To US$8.5 Bln

KUALA LUMPUR, Oct 16 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) today announced the upsizing of its sukuk programme from US$6 billion to US$8.5 billion (US$1=RM4.22). 

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.

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. 

Multiply Group Proposes Merger With 2PointZero, Ghitha Holding Via Share Swap

KUALA LUMPUR, Oct 16 (Bernama) -- Multiply Group, the Abu Dhabi-based investment holding company, has announced board approval for a major share swap deal to acquire 2PointZero and Ghitha Holding, a move that could reshape its investment portfolio and boost its capital base to 8.64 billion Emirati dirhams. (100 Emirati dirhams = RM115.10)

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.

PETRA Enhancing Processes To Accelerate Implementation Of RE Projects - DPM Fadillah

PETALING JAYA, Oct 15 (Bernama) -- The Ministry of Energy Transition and Water Transformation (PETRA) is currently improving existing processes to reduce bureaucratic red tape so that Renewable Energy (RE) projects awarded through the bidding process can be implemented more quickly.

Mr. D.I.Y. Thailand Set For Market Debut, Targets 5.6 Bln Baht Fundraising

By Kenny Teng Khoon Hock

BANGKOK, Oct 15 (Bernama) -- MR. D.I.Y. Holding (Thailand) is aiming to raise up to 5.6 billion baht (US$173 million) through an initial public offering (IPO) ahead of its listing on the Stock Exchange of Thailand on Nov 5, 2025.

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.