Computility Technology, BGMC Energy, Renikola Form Green Energy Alliance To Supply 630,000 MWh Annually

ISKANDAR PUTERI, March 10 (Bernama) -- Computility Technology (Malaysia) Sdn Bhd (CTDC), BGMC Energy Holdings Sdn Bhd (BGMC), and reNIKOLA Holdings Sdn Bhd have signed a strategic term sheet to establish a green energy alliance to supply about 630,000 megawatt hours (MWh) of renewable power annually.

CPO Prices Seen Averaging RM4,100-RM4,200 Per Tonne In 2026

KUALA LUMPUR, March 11 (Bernama) -- Crude palm oil (CPO) prices are projected to average between RM4,100 and RM4,200 per tonne in 2026, supported by firmer crude oil prices that could improve biodiesel economics and support Indonesia’s potential B50 mandate.

Bursa Malaysia Higher At Midday, Tracking Gains In Most Regional Peers

By Zufazlin Baharuddin

KUALA LUMPUR, March 11 (Bernama) -- Bursa Malaysia remained higher at midday, tracking the upbeat performance of most regional peers.

SOGDC, SEDCO Mining Ink MoU To Strengthen Sabah Industrial Development

KOTA KINABALU, March 11 (Bernama) -- Sabah Oil & Gas Development Corporation (SOGDC) and SEDCO Mining Sdn Bhd have signed a memorandum of understanding (MoU) to strengthen industrial development in the state, particularly in the Sabah Oil and Gas Industrial Park (SOGIP) and the Sawit Kinabalu Sandakan Industrial Park (SKSIP).

Oil Price Shocks, Inflation and the Fragility of the Global Economy

By Dr Phar Kim Beng

Few economic indicators shape global stability as decisively as the price of oil. 

AM Best: Australia’s Guild Insurance Credit Ratings Unchanged After Partnership

KUALA LUMPUR, March 11 (Bernama) -- AM Best has commented that the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Australia’s Guild Insurance Limited (GIL) remain unchanged following the announcement of its new strategic partnership with EML Group.

New Incentive Framework To Ensure Inflows Of High-Quality Investments -- Liew

​KUALA LUMPUR, March 11 (Bernama) -- The implementation of the New Incentive Framework (NIF), which commences on March 1, will ensure the inflows of high-quality investments to support the transformation towards a high-income and innovation-based economy.

Denodo Platform 9.4 To Accelerate Data Access, Support Enterprise AI

KUALA LUMPUR, March 11 (Bernama) -- Denodo, a leader in data management and artificial intelligence (AI), announced the availability of Denodo Platform 9.4, built with logical data management capabilities to simplify and accelerate data access.

Horizon Quantum Nears Merger With dMY, Announces Key Milestones

KUALA LUMPUR, March 11 (Bernama) -- Horizon Quantum Computing Pte Ltd (Horizon Quantum), a pioneer of software infrastructure for quantum applications, has achieved several milestones as it moves closer to completing its proposed business combination with dMY Squared Technology Group Inc (dMY).

Carbon Pricing Should Be Viewed As Emerging Transition Risk - Kenanga IB

KUALA LUMPUR, March 11 (Bernama) -- The introduction of carbon pricing should be viewed not only as a compliance requirement but also as an emerging signal of transition risk that will increasingly need to be incorporated into portfolio analysis, said Kenanga Investment Bank Bhd (Kenanga IB).

CUSTA Raises US$4.3 Mln In Capital To Expand Customisation Platform In Southeast Asia

KUALA LUMPUR, March 11 (Bernama) -- CUSTA has raised approximately US$4.3 million (RM17 million) in capital, including a Pre-Series A equity round co-led by Delight Ventures and Global Brain.

Air Cargo Connects Businesses To Global Markets, Keep Supply Chains Moving - IATA

KUALA LUMPUR, March 11 (Bernama) -- Air cargo plays a critical role in connecting businesses to global markets and keeping supply chains moving, even as the operating environment becomes more complex, the International Air Transport Association (IATA) said in a statement today.