AKWEL 2024 Profit, Revenue Decline Amid Inflationary Pressures

KUALA LUMPUR, April 4 (Bernama) -- AKWEL, a parts and systems manufacturer for the automotive and heavy-vehicle industry, has recorded a net income of 24.2 million euros in 2024, declining 32.3 per cent from 35.7 million euros in the previous year. (1 Euro = RM4.90)

MAG Orders 60 CFM Leap Engines For Boeing 737 Max Aircraft

KUALA LUMPUR, March 21 (Bernama) -- Malaysia Aviation Group (MAG) and CFM International (CFM) have announced an order for 60 CFM LEAP-1B engines, plus additional spares, to power MAG’s new fleet of 30 Boeing 737 MAX aircraft.

AmBank Islamic Grants RM180 Mln Financing To Nextgreen For Technology Park Expansion

KUALA LUMPUR, March 21 (Bernama) -- AmBank Islamic Bhd has granted up to RM180 million in financing facilities to Nextgreen Global Bhd’s subsidiary, Ultimate Ivory Sdn Bhd, to fund land reclamation, infrastructure development and utilities for Nextgreen’s Green Technology Park (GTP) in Pahang.

MOT Drafts Action Plan To Reduce Greenhouse Gas Emissions From Ships, Ports

KUALA LUMPUR, March 20 (Bernama) -- The Transport Ministry (MOT) is drafting the national action plan on reduction of greenhouse gas emission from ships and ports to strengthen efforts in decarbonising the maritime sector.

ABB Eyes More Partnerships With Local Companies For Malaysia's Energy Transition

KUALA LUMPUR, March 18 (Bernama) -- Global technology company ABB Malaysia Sdn Bhd is keen to look for more collaborations with local companies and agencies to support Malaysia's goals in energy transition.

Prodezi, Huong Viet Holding Launch US$195 Mln Eco-Industrial Park In Vietnam

KUALA LUMPUR, March 14 (Bernama) -- Prodezi Long An JSC (Prodezi) and Huong Viet Investment Consulting JSC (Huong Viet Holding) have officially begun construction on Long An's first eco-industrial park in Vietnam.

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.

FM Global Logistics Unit Partners With Three Companies To Deepen ESG Commitment

KUALA LUMPUR, Feb 20 (Bernama) -- FM Global Logistics Holdings Bhd via its wholly-owned unit FM Global Logistics Sdn Bhd has partnered with three companies, Scania Malaysia Sdn Bhd, Solarvest Energy Sdn Bhd, and JAC Motors Malaysia Sdn Bhd, to deepen its commitment to the environmental, social, and governance (ESG) agenda.

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.

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.  

Green Halal: Game-Changer For Business Growth -- Alliance Islamic Bank

By Karina Imran

KUALA LUMPUR, Feb 12 (Bernama) -- The concept of “green halal”, despite being unfamiliar to many, plays a vital role in driving business growth by merging halal and sustainable practices, said Alliance Islamic Bank Bhd (AIS).

Polyplastics To Launch 40 Pct Glass-filled Recycled DURAFIDE PPS

KUALA LUMPUR, 5 Feb (Bernama) -- Polyplastics Co Ltd, a global leader in engineering plastics, has announced plans to launch a 40 per cent glass-reinforced grade of DURAFIDE rG-PPS by December this year, as part of its mechanical recycling business.