US$80 Bln For Deployment As Southeast Asia's Green Economy Enters A New Calculus

KUALA LUMPUR, May 22 (Bernama) -- Southeast Asia’s green economy has scaled to US$290 billion (US$1 = RM3.96) this year, but a realisation gap exceeding 35 per cent has opened between announced and deployed green capital expenditure (Capex) across the region’s power and electric vehicles (EV) value chains, according to a recent report by Bain & Company and Standard Chartered.

ACE Market-Bound Pentech Seeks To Raise RM34.39 Mln From IPO

Material Appoints Ranjan Kalia As CFO

KUALA LUMPUR, May 20 (Bernama) -- Material Plus Holdings LLC (Material), an intelligent growth company, has appointed Ranjan Kalia as Chief Financial Officer (CFO), bringing strong global finance leadership to support clients for future growth.

ITC Infotech, InsureMO Form Alliance To Drive Agentic AI Modernisation In Insurance 

KUALA LUMPUR, May 19 (Bernama) -- ITC Infotech, a global technology services and solutions provider, and InsureMO have formed a strategic alliance to help insurers accelerate modernisation through agentic artificial intelligence (AI), initially targeting markets in the Middle East, Africa and India.

Sunway Construction's 1Q Net Profit Up 56 Pct To RM118.41 Mln

KUALA LUMPUR, May 18 (Bernama) -- Sunway Construction Group Bhd's net profit for the first quarter ended March 31, 2026 (1Q FY2026) surged by 56 per cent to RM118.41 million compared with RM75.71 million in the same quarter last year, underpinned by higher contributions from all operating segments.  

SIC Bets On Premium Positioning For Driving Experience Centre Despite Slow Take-up

KUALA LUMPUR, May 18 (Bernama) -- Sepang International Circuit (SIC) is maintaining a premium positioning for its newly completed Driving Experience Centre (DEC) despite modest early utilisation as the initiative forms part of efforts to sweat its non-race assets and diversify revenue streams.

Pyxis Group, Principia Consulting Form Joint Venture For Commodity, Energy Markets 

KUALA LUMPUR, May 18 (Bernama) -- Pyxis Group and Principia Consulting announced a strategic joint venture to jointly serve global commodity and energy markets.

CGC Participates In BNM’s SME SRF To Support SMEs

KUALA LUMPUR, May 15 (Bernama) -- Credit Guarantee Corporation Malaysia Bhd (CGC) has affirmed its commitment to supporting Bank Negara Malaysia’s SME Stabilisation Relief Facility (SME SRF) during this period of heightened uncertainty. 

Kioxia Targets Performance Segment With Latest SSD Series 

KUALA LUMPUR, May 14 (Bernama) -- Kioxia Corporation has unveiled the KIOXIA XG10 Series solid state drives (SSDs), its latest high-performance client storage solution engineered for personal computer (PC) original equipment manufacturers (OEMs).

Destini Unit Secures Tubular Running Services Contract From Petronas Carigali

KUALA LUMPUR, May 14 (Bernama) -- Destini Bhd’s unit, Destini Oil Services Sdn Bhd (DOS), has secured a significant contract from Petronas Carigali Sdn Bhd (PCSB) for tubular running services (TRS).

Green Building Initiative CEO Vicki Worden To Exit

KUALA LUMPUR, May 13 (Bernama) -- Green Building Initiative (GBI) has announced the planned departure of its Chief Executive Officer (CEO), Vicki Worden, who is set to leave in late June after leading the nonprofit organisation since 2015.

Nikkiso CE&IG Signs Marine Aftermarket Support Deal With Maran Tankers Management

KUALA LUMPUR, May 13 (Bernama) -- Nikkiso Clean Energy & Industrial Gases Group (Nikkiso CE&IG) has signed a five-year service agreement with Maran Tankers Management Inc to provide global aftermarket support for the company’s high-pressure pump systems, expanding Nikkiso CE&IG’s footprint in the marine sector.