COP29: TNB Committed To Driving Malaysia's Energy Transition Goals

From Samantha Tan Chiew Tieng

BAKU (Azerbaijan), Nov 19 (Bernama) -- Tenaga Nasional Bhd (TNB) is committed to supporting Malaysia’s energy transition goals under the National Energy Transition Roadmap (NETR), which aims to achieve net-zero carbon emissions by 2050.

New Keyto MY Plant To Advance Malaysia’s High-tech Industry - MIDA

KUALA LUMPUR, Nov 19 (Bernama) -- Keyto MY Sdn Bhd's new fluid manufacturing facility in Batu Kawan, Penang, is set to enhance Malaysia's industrial capabilities and diversify its high-tech manufacturing sector.  

UEM Sunrise Gets Nod For Mixed-used Residential Project In Perth

KUALA LUMPUR, Nov 18 (Bernama) -- UEM Sunrise Bhd has secured development approval from Development WA, the Western Australian state government’s central land and development agency, for its Subiaco East mixed-use residential project in Perth.

Swift Energy Inks Underwriting Agreement For ACE Market IPO

KUALA LUMPUR, Nov 18 (Bernama) -- Swift Energy Technology Bhd has signed an underwriting agreement with M&A Securities Sdn Bhd for the company’s initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd.

Efforts To Deal With Anti-Palm Oil Campaign Remain Despite MPOB Office Closure Abroad - Chan

KUALA LUMPUR, Nov 18 (Bernama) -- The closure of a few Malaysian Palm Oil Board (MPOB) offices abroad does not affect efforts to deal with the anti-palm oil campaign and the negative perception of the commodity in the international market, said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.

Ewon Urges Sabah Govt To Hold At Least 30 Pct Equity In Investments

KOTA KINABALU, Nov 18 (Bernama) -- The Sabah government is encouraged to hold at least 30 per cent equity in domestic investment projects to empower the economy of the state, said Datuk Ewon Benedick (PH-Kadamaian).

Rafizi: 13MP To Focus On Talent Development Reforms

KANGAR, Nov 18 (Bernama) -- The 13th Malaysia Plan (13MP) emphasises a need for talent development reforms in the country to meet workforce needs in the high-income economic sector, said Economy Minister Rafizi Ramli.

Banking Sector's Loan Growth To Taper To 4-5 Pct In 2025 - AmInvestment Bank

KUALA LUMPUR, Nov 18 (Bernama) -- AmInvestment Bank expects loan growth in the banking sector to taper to 4.0-5.0 per cent in 2025 on a potential tariff driven slowdown in exports and risk to consumption spending from the RON 95 rationalisation.

Three Local Companies Conducting Feasibility Study For OTEC Development - Hajiji

KOTA KINABALU, Nov 18 (Bernama) -- The Sabah Energy Council (MTS) has given the nod to three local companies to conduct feasibility study as a proactive measure to involve local industry players in the development of ocean thermal energy conversion (OTEC) technology in Sabah.

Bermuda’s Evergreen Insurance Credit Ratings Downgraded  - AM Best

KUALA LUMPUR, Nov 18 (Bernama) -- AM Best has downgraded the financial strength rating to A- (excellent) from A (excellent) and the long-term issuer credit rating to “a-” (excellent) from “a” (excellent) of Bermuda’s Evergreen Insurance Company Limited (EICL).

Malaysia's Economic Growth To Remain Modest Amid External Challenges - Analyst

KUALA LUMPUR, Nov 18 (Bernama) -- Malaysia’s economic growth will remain modest for the rest of 2024, citing weakening external demand and ongoing global policy uncertainties, said Hong Leong Investment Bank Bhd (HLIB).

Malaysia-Brazil Partnership Instrumental For Yinson’s Success

RIO DI JANEIRO (Brazil), Nov 18 (Bernama) -- Global energy and infrastructure technology company, Yinson Holdings Bhd has credited the unwavering support from the Brazilian and Malaysian governments, saying that it has been instrumental to its success.