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ASEAN Power Grid Vision Needs US$764 Bln For Power Generation, Transmission Infrastructure - ASEAN Sec-Gen

By Zufazlin Baharuddin

KUALA LUMPUR, April 9 (Bernama) -- ASEAN Power Grid (APG) vision requires an estimated investment of US$764 billion (US$1 = RM4.49) for power generation and transmission infrastructure, said ASEAN secretary- general Dr Kao Kim Hourn.

ASEAN Is Durable And Time-Tested - PM Anwar

KUALA LUMPUR, April 8 (Bernama) -- ASEAN's strength lies not in drama, but in its durability having withstood wars, crises and coups over nearly six decades since the region’s establishment in 1967, and together, has what it takes to tackle Washington's move to impose debilitating tariffs that saw global markets taking a rout.

In instilling much-needed confidence for the region, Prime Minister, Datuk Seri Anwar Ibrahim said ASEAN, which Malaysia is now Chair, has always moved forward, even if it is was “only by inches, often frustratingly, but forward nonetheless."

 

FMM, ACCCIM Urge Govt To Engage US On Tariff Hike, Warns Of Significant Impact On Malaysian Exports And Employment

KUALA LUMPUR, April 3 (Bernama) – The Federation of Malaysian Manufacturers (FMM) has called on the government to engage with the United States to seek a reconsideration of the newly imposed 24 per cent tariff on Malaysian exports.

Cautious Aidilfitri Spending Despite Stable Economy, Labour Market

PUTRAJAYA, March 30 (Bernama) -- Economic uncertainty is shaping Malaysians' spending habits this festive season, with consumers adopting a cautious approach despite stable economic conditions.

Malaysia’s Producer Price Index Rises Modestly By 0.3 Pct In February 2025

KUALA LUMPUR, March 27 (Bernama) -- Malaysia’s Producer Price Index (PPI) for local production increased by 0.3 per cent year-on-year (y-o-y) in February 2025, easing from the 0.8 per cent rise recorded in January, according to the Department of Statistics Malaysia (DOSM).

Public Investment Bank Lowers 2025 CPI Forecast To 2.4 Percent on Soft Start To The Year

KUALA LUMPUR, March 24 (Bernama) -- Public Investment Bank Bhd (PIVB) has lowered its 2025 full-year Consumer Price Index (CPI) forecast to 2.4 per cent from 3.0 per cent previously.

Inflation Rises At A Slower Rate Of 1.5 Pct In Feb 2025 – DoSM

KUALA LUMPUR, March 21 (Bernama) -- Malaysia's inflation rose at a slower pace of 1.5 per cent in February 2025, with the index standing at 134.1 points compared with 132.1 in the same month a year earlier, the Statistics Department (DoSM) said.

RAM Ratings Maintains Stable Outlook On Malaysian Banking Sector For 2025

KUALA LUMPUR, March 21 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) has maintained a stable outlook on the Malaysian banking sector in 2025 despite external pressure.

Analyst Sees TNB As Safe Haven Amid Market Volatility, Maintains 'Hold' Call

KUALA LUMPUR, March 17 (Bernama) -- An analyst has viewed Tenaga Nasional Bhd (TNB) as a relative safe haven given its earnings resilience and undemanding valuation, amid the prevailing market volatility.

CIP’s Fifth Flagship Fund Exceeds 12 Bln Euros Target 

KUALA LUMPUR, March 14 (Bernama) -- Copenhagen Infrastructure Partners (CIP) announced that its fifth flagship fund, CI V, has surpassed its target size of 12 billion euros at final close, reflecting strong investor interest in large-scale greenfield energy infrastructure investments. (1 Euro = RM4.80)

Pulau Indah Power Plant To Boost Malaysia's Energy Supply

KUALA LUMPUR, March 14 (Bernama) -- GE Vernova Inc announced that the Pulau Indah power plant, developed by Selangor state-linked company, Worldwide Holdings Bhd (WHB) has commenced operations.

Utilities Sector Outlook Remains Upbeat

KUALA LUMPUR, March 14 (Bernama) -- Malaysia’s utilities sector outlook remains upbeat, particularly as the renewable energy (RE) space has strong growth potential, with several key drivers set to boost its near-term performance.