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JS-SEZ Action Plan Expected To Be Ready By Third Quarter 2025 - Economy Ministry

KUALA LUMPUR, Feb 19 (Bernama) -- The government is preparing the Johor-Singapore Special Economic Zone (JS-SEZ) Action Plan and it is expected to be completed in the third quarter of 2025.

SC Partners ICAEW To Enhance Expertise In Sustainability Disclosures

KUALA LUMPUR, Feb 19 (Bernama) -- The Securities Commission Malaysia (SC) has initiated a collaboration with the Institute of Chartered Accountants in England and Wales (ICAEW) through a letter of intent (LoI) to work together in specific areas.

Malaysia's SDG Achievement To Hit 43 Per Cent By 2030 -- Hanifah Hajar

KUALA LUMPUR, Feb 19 (Bernama) -- Based on the latest analysis using 2022 data, the target achievement rate for the country's sustainable development goals (SDGs) by 2030 is projected at 43 per cent compared to the global average of 17 per cent, said Deputy Economy Minister Datuk Hanifah Hajar Taib.

MADANI Govt’s Fiscal Discipline boosting Investor Confidence

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Feb 19 (Bernama) -- The Madani government's fiscal discipline has successfully reduced the fiscal deficit from 5.5 per cent in 2022 to 4.1 per cent in 2024, demonstrating a strong recovery in debt reduction and boosting global investor confidence, said an economist. 

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.

APAC Set To Become World's Most Competitive Aviation Market, Outperforms 2019 Capacity - OAG

KUALA LUMPUR, Feb 18 (Bernama) -- The Asia-Pacific (APAC) region is on track to solidify its position as the world’s most competitive aviation market in 2025, having surpassed 2019’s total capacity by 0.5 per cent in 2024, according to the latest analysis by travel data provider OAG.

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.

Teo Seng Capital FY2024 Net Profit Rises To RM183.36 Mln

KUALA LUMPUR, Feb 17 (Bernama) -- Teo Seng Capital Bhd posted a higher net profit of RM183.36 million for the financial year ended Dec 31, 2024 (FY2024), up from RM155.80 million a year earlier.  

ASEAN Must Prioritise Regional Interests Amid Global Geopolitical Shifts – Tengku Zafrul

KUALA LUMPUR, Feb 17 (Bernama) – Member states of the Association of Southeast Asian Nations (ASEAN) must prioritise the bloc’s collective over any members’ ties to any superpower or alternative grouping, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Kinergy Advancement Partners PKNPK To Develop 29 RE Projects In Perak

KUALA LUMPUR, Feb 17 (Bernama) -- Kinergy Advancement Bhd’s (KAB) wholly owned subsidiary KAB Energy Holdings Sdn Bhd (KABEH) is collaborating with Perbadanan Kemajuan Negeri Perak (PKNPk) for the development of 29 potential renewable energy (RE) projects in Perak with a total capacity of over 1,800 megawatts (MW).

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.

Malaysia Remains Non-Aligned, Will Not Be Drawn Into Power Rivalries -- PM Anwar 

KUALA LUMPUR, Feb 17 (Bernama) -- Malaysia’s position is clear that it remains non-aligned and will not be drawn into great power rivalries, said Prime Minister Datuk Seri Anwar Ibrahim.