RHB Raises Sustainable Financing Target To RM90 Bln By 2027

KUALA LUMPUR, Feb 19 (Bernama) -- RHB Banking Group has set a new target of RM90 billion for sustainable financial services (SFS) by 2027 from its earlier RM50 billion target by 2026.

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.

GDP Growth Provides Many Direct Benefits For The People -- Amir Hamzah

KUALA LUMPUR, Feb 19 (Bernama) -- Malaysia’s gross domestic product (GDP) growth, which reached 5.1 per cent in 2024, has provided direct benefits for the people, including higher wages, quality job opportunities, better social assistance and protection, as well as growth in business and trade, the Dewan Rakyat was told today.

Malaysia's SDG Achievement To Hit 43 Per Cent By 2030 -- Hanifah Hajar

KUALA LUMPUR, Feb 19 (Bernama) -- Based on the latest analysis using 2022 data, the target achievement rate for the country's sustainable development goals (SDGs) by 2030 is projected at 43 per cent compared to the global average of 17 per cent, said Deputy Economy Minister Datuk Hanifah Hajar Taib.

Malaysia Should Lead ASEAN’s Green Shipping Transition Through Financing, Collaboration, Says Expert

By Harizah Hanim Mohamed

KUALA LUMPUR, Feb 19 (Bernama) -- Malaysia should spearhead sustainable or green shipping initiatives within ASEAN, such as expanding access to regional financing schemes and promoting cooperation in carving out low-carbon shipping routes.

BYD Energy Storage Inks World's Largest Grid-scale Energy Storage Deal, Totalling 15.1 GWh

KUALA LUMPUR, Feb 18 (Bernama) -- BYD Energy Storage and Saudi Electricity Company (SEC) recently signed the world's largest grid-scale energy storage projects contracts with a capacity of 12.5 gigawatt hours (GWh) at the time.

Ringgit In Right Direction Despite Uncertainties Caused By US Trade War - BNM Governor

KUALA LUMPUR, Feb 17 (Bernama) -- The ringgit is moving in the right direction despite the uncertainties caused by the United States’ (US) trade war, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.

Malaysia Can Drive ASEAN-China Synergies In Achieving Asian Century - Tengku Zafrul

KUALA LUMPUR, Feb 17 (Bernama) — Malaysia could drive ASEAN-China synergies to achieve the Asian Century, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Kinergy Advancement Partners PKNPK To Develop 29 RE Projects In Perak

KUALA LUMPUR, Feb 17 (Bernama) -- Kinergy Advancement Bhd’s (KAB) wholly owned subsidiary KAB Energy Holdings Sdn Bhd (KABEH) is collaborating with Perbadanan Kemajuan Negeri Perak (PKNPk) for the development of 29 potential renewable energy (RE) projects in Perak with a total capacity of over 1,800 megawatts (MW).

Renewable Energy Capacity Mix To Be Raised To Meet Data Centre Needs - Akmal Nasrullah

KUALA LUMPUR, Feb 17 (Bernama) -- The government is committed to gradually and systematically increase the renewable energy (RE) capacity mix in the national electricity supply since access to green electricity supply is a "pre-requisite" for data centre development, and to ensure that RE needs for data centre development can be met.

ASEAN Must Move Beyond Traditional Trade And Investment Figures -- PM Anwar

KUALA LUMPUR, Feb 17 (Bernama) -- ASEAN must move beyond traditional trade and investment figures and focus on a partnership that is transformational and future-oriented, said Prime Minister Datuk Seri Anwar Ibrahim. 

Sarawak Energy Commissions Malaysia’s First Utility-Scale Battery Storage System

KUCHING, Feb 14 (Bernama) -- Sarawak Energy Bhd (SEB) has commissioned Malaysia’s first utility-scale Battery Energy Storage System (BESS) at the Sejingkat Power Plant.