Advancecon Appoints Phum Boon Eng As New Managing Director

KUALA LUMPUR, Dec 24 (Bernama) -- Advancecon Holdings Bhd has appointed Phum Boon Eng as its new managing director, effective Dec 22, 2025, marking a key milestone in the group’s leadership renewal and long-term succession planning.

Comprehensive Policy Needed To Uplift Labuan Economy, Says Academic

LABUAN, Dec 24 (Bernama) -- A comprehensive and forward-looking policy framework is needed to revitalise Labuan’s economy that will fully leverage its strategic location, federal territory status and established offshore financial ecosystem, said an academic.

FBM KLCI Opens Lower On Mild Profit-taking

KUALA LUMPUR, Dec 24 (Bernama) -- Bursa Malaysia’s benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened lower on Wednesday as mild profit-taking emerged following its recent rally, with trading activity typically softening during the holiday week.

RHB IB Projects Solar Sector Growth On Higher EPCC Contributions, CGPP Revenue Ramp-up

KUALA LUMPUR, Dec 22 (Bernama) -- RHB Investment Bank Bhd (RHB IB) expects the solar sector to grow next year, driven by higher engineering, procurement, construction, and commissioning (EPCC) contributions.

TNB: Stronger, Smarter Grid Driving Malaysia’s Clean Energy Transition

KUALA LUMPUR, Dec 19 (Bernama) -- Malaysia’s transition to clean energy will only succeed with a power grid that is stronger, smarter and capable of supporting significantly higher levels of renewable energy (RE), Tenaga Nasional Bhd (TNB) chief strategy and ventures officer Ir Dr Mohd Fadzil Mohd Siam said.

Malakoff Subsidiary Enters Into 21-Year PPA With TNB For Perak Solar Project

KUALA LUMPUR, Dec 19 (Bernama) -- Malakoff Corporation Bhd said its 80 per cent-owned subsidiary, Malakoff Silver Solar Sdn Bhd (MSSSB), has entered into a 21-year power purchase agreement (PPA) with Tenaga Nasional Bhd (TNB) for a 470-megawatt alternating current (MWac) solar photovoltaic project in Perak.

Bursa Malaysia Opens Higher On Stronger Ringgit, Regional Gains

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 19 (Bernama) -- Bursa Malaysia opened higher on Friday, tracking gains across regional markets, as a stronger ringgit improved market sentiment amid a firmer overnight performance on Wall Street.

Gadang Unit Signs Large Scale Solar Photovoltaic PPA With Sabah Electricity

KUALA LUMPUR, Dec 18 (Bernama) -- Gadang Holdings Bhd announced that its 60 per cent-owned subsidiary Tenaga Aspirasi Sdn Bhd (SPP) today signed a large scale solar photovoltaic power purchase agreement (PPA) with Sabah Electricity Sdn Bhd. 

Gamuda Wins Two More Australian Projects, Bringing Order Book To A Record RM46 Bln

KUALA LUMPUR, Dec 18 (Bernama) -- Gamuda Bhd has bagged two more contracts in Australia through its wholly-owned subsidiaries, bringing the group's order book to a new record high of RM46 billion.

2025: Sparking Malaysia’s Energy Transformation, Powering ASEAN’s Future

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 18 (Bernama) -- 2025 has been nothing short of an exciting year for Malaysia, sparking new ideas and driving growth across the energy sector.

PETRA Encourages Cooperatives To Participate In Solar Farm Development

KUALA LUMPUR, Dec 17 (Bernama) -- The Ministry of Energy Transition and Water Transformation (PETRA) is encouraging the participation of all parties, including cooperatives, in the development of solar farms and community solar programmes.

Bursa Malaysia Ends Lower On Profit-taking After Four-day Rally

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 17 (Bernama) -- Bursa Malaysia snapped a four-day rally to end lower on Wednesday, as profit-taking emerged following the benchmark index’s move into positive year-to-date territory.