MHB's Unit To Co-develop Hydrogen Production Systems With US Firm Fuelcell Energy

KUALA LUMPUR, March 6 (Bernama) -- Malaysia Marine and Heavy Engineering Holdings Bhd's (MHB) wholly-owned subsidiary Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) has signed a joint development agreement (JDA) with FuelCell Energy Inc., a United States firm.

Zeitview Raises US$60 Mln To Accelerate Visual AI Platform For Critical Infrastructure

KUALA LUMPUR, March 6 (Bernama) -- Zeitview, the leader in visual artificial intelligence (AI) for critical infrastructure, has announced a capital raise of US$60 million led by Climate Investment, with participation from existing investors. (US$1=RM4.41)

Govt Prioritises Inclusive Wealth Distribution To Ensure Fair Economic Growth - Economy Ministry

KUALA LUMPUR, March 5 (Bernama) -- The government consistently emphasises the importance of inclusivity by ensuring that the nation’s wealth is fairly distributed across all levels of society, said the Economy Ministry. 

Wood Mackenzie Unveils New Product Suite To Guide Energy Transition Decisions

KUALA LUMPUR, March 5 (Bernama) -- Wood Mackenzie, the global insight business for renewables, energy, and natural resources, has launched Lens Power & Renewables, a new suite of products with interconnected data, analytics, and insights to navigate the energy transition.

Renewable Energy Exports Via ENEGEM Based On Excess Supply -- PETRA

KUALA LUMPUR, March 4 (Bernama) -- The implementation of renewable energy (RE) exports through the Energy Exchange Malaysia (ENEGEM) is based on excess electricity from the existing electricity supply system, said the Ministry of Energy Transition and Water Transformation (PETRA).

Petronas' Profit Slips 32 Pct To RM55.1 Bln In FY2024 Due To Unfavourable Prices

KUALA LUMPUR, Feb 25 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) net profit fell by 32 per cent to RM55.1 billion in financial year 2024 ended Dec 31, 2024 (FY2024) from RM80.7 billion in FY2023, in line with the lower average realised prices and favourable tax adjustments in 2023. 

Brunei Seeks Partnership With Sarawak To Boost Clean Energy Initiatives

KUCHING, Feb 25 (Bernama) -- Brunei is eager to explore new partnership opportunities with Sarawak to advance clean energy initiatives.

Malaysia Through ASEAN Chairmanship Will Advocate For Deeper Collaboration In Green, Sustainable Investment Frameworks - DPM Fadillah

KUALA LUMPUR, Feb 25 (Bernama) -- Malaysia is committed to positioning ASEAN as a global leader in sustainable finance and will advocate for deeper collaboration in green financing, regional energy connectivity, and the expansion of sustainable investment frameworks.

ESCAP: ASEAN Must Prioritise Sustainable Investment, Narrow Development Gaps Among Member States

By Nur Athirah Mohd Shaharuddin & Nabilah Saleh

KUALA LUMPUR, Feb 20 (Bernama) -- The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) has emphasised the need for ASEAN to adopt sustainable and inclusive investment strategies as key drivers of economic resilience and growth.

Perlis Eyes Growth via Inland Port, Riding Penang’s E&E Wave

KUALA LUMPUR, Feb 20 (Bernama) -- Perlis is actively developing the Perlis Inland Port (PIP) and other maritime facilities to attract investors to the state while aiming to benefit from the economic spillover of strong investment inflows into Penang’s electrical and electronics  (E&E) sector.

Bursa Malaysia Lower At Midday, In Line With Regional Peers

KUALA LUMPUR, Feb 20 (Bernama) -- Bursa Malaysia ended the morning session lower, in line with regional peers on caution over US tariffs.

PETRA Committed To Exploring Methods To Reduce Carbon Emissions In Electricity Generation

KUALA LUMPUR, Feb 19 (Bernama) -- The Ministry of Energy Transition and Water Transformation (PETRA) is committed to ensuring that Malaysia continues to explore methods to reduce carbon emissions in electricity generation.