5m ago
KUALA LUMPUR, Aug 22 (Bernama) -- Masdar, also known as the Abu Dhabi Future Energy Company PJSC, has been assigned an ‘AA-’ credit rating with a stable outlook by S&P Global Ratings, bolstering its standing as one of the world’s most financially sound renewable energy companies.
5m ago
KUALA LUMPUR, Aug 22 (Bernama) -- Malaysia and India are well-positioned to unlock vast opportunities in renewable energy, infrastructure, semiconductors and the digital economy as both nations deepen their economic partnership, said the Consortium of Indian Industries in Malaysia (CIIM).
5m ago
KUALA LUMPUR, Aug 20 (Bernama) -- Gamuda Bhd shares went up in today’s early trading session after the group announced its collaboration with SD Guthrie Bhd to develop, own and operate solar power assets, including energy storage systems, with a combined target capacity of 1.2 gigawatts (GWs).
5m ago
KUALA LUMPUR, Aug 19 (Bernama) -- Cypark Resources Bhd (Cypark) and its wholly-owned subsidiary Cypark Smart Technology Sdn Bhd have secured Islamic financing facilities worth up to RM1.3 billion from MBSB Bank Bhd.
5m ago
KUALA LUMPUR, Aug 19 (Bernama) -- The government will have to conduct a cost-benefit analysis (CBA) before considering Tasik Kenyir as a data centre and artificial intelligence (AI) hub, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
5m ago
PETALING JAYA, Aug 19 (Bernama) -- The Ministry of Energy Transition and Water Transformation (PETRA) is conducting a feasibility study on nuclear energy, including small modular reactors (SMRs) to assess their potential as a stable base-load power source, said its Minister Datuk Seri Fadillah Yusof.
5m ago
KUALA LUMPUR, Aug 18 (Bernama) -- Malaysia remains committed to reactivating economic cooperation with member countries of the Developing Eight (D-8) through various strategic initiatives, according to the Ministry of Investment, Trade and Industry (MITI).
5m ago
KUALA LUMPUR, Aug 18 (Bernama) -- The Ministry of Energy Transition and Water Transformation (PETRA) will strengthen initiatives to offer green electricity supply through third-party access to expand the use of clean energy, particularly among the industrial sector.
5m ago
KUALA LUMPUR, Aug 18 (Bernama) -- Global fund manager Macquarie Asset Management has expressed interest in investing across various sectors in Malaysia, Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said.
5m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Aug 17 (Bernama) – The groundwork for ASEAN energy integration has long been laid, but sharper focus and faster action are needed to propel renewable energy to the next level by harnessing each member’s strengths, said B. Grimm Power Public Company Ltd.
5m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit strengthened to the 4.18 level versus the US dollar, marking its highest point in more than six weeks, buoyed by rising expectations of a United States (US) Federal Reserve (Fed) rate cut cycle and Malaysia’s resilient macroeconomic outlook.
5m ago
KUALA LUMPUR, Aug 14 (Bernama) -- Property companies in Malaysia have increased their adoption of environmental, social and governance (ESG) practices, driven by growing concerns over such issues and reflecting their commitment to sustainability, said MBSB Investment Bank.