JC3 Journey To Zero Conference Set For Sept 28-29

KUALA LUMPUR, Sept 15 (Bernama) -- The Joint Committee on Climate Change (JC3) will hold the JC3 Journey to Zero Conference 2026 at Sasana Kijang here on Sept 28-29.

Malaysia's Climate Adaptation Needs Up To US$1.1 Trillion By 2050 - SC

KUALA LUMPUR, Sept 15 (Bernama) -- Malaysia's climate adaptation needs could range between US$852 billion and US$1.1 trillion (US$1=RM4.07) by 2050, underscoring the scale of financing required to strengthen the country's resilience to climate change, said Securities Commission Malaysia (SC).

SC Developing Sukuk Prisma SDG To Fund Climate Adaptation, Resilience

KUALA LUMPUR, Sept 13 (Bernama) -- The Securities Commission Malaysia (SC) is developing a new shariah-based framework, known as Sukuk Prisma SDG, to facilitate non-ringgit sukuk issuances that support climate adaptation, resilience and other national sustainable development priorities.

Islamic Finance Principles Can Lead Way In Sustainable Investment, Says Sultan Nazrin

KUALA LUMPUR, Sept 12 (Bernama) -- The principles of Islamic finance can lead the way in sustainable investment as the world seeks to mobilise the vast amounts of capital needed to address the climate crisis, said the Sultan of Perak, Sultan Nazrin Muizzuddin Shah.

Captive Insurance Sees Rising Recognition As Strategic Risk-financing Solution

KUALA LUMPUR, Sept 11 (Bernama) -- Captive insurance is gaining increasing recognition as a strategic risk-financing solution as businesses seek to strengthen resilience, enhance risk-financing control and address emerging risks, according to Labuan IBFC Incorporated Sdn Bhd (Labuan IBFC).

RHB IB Estimates Federal Govt’s 2027 Budget Allocation At RM437.8 Bln

KUALA LUMPUR, Sept 10 (Bernama) -- RHB Investment Bank Bhd (RHB IB) estimates that the total federal government allocation for Budget 2027 will be RM437.8 billion.

AM Best: Regulatory Initiatives, Economic Expansion Drive Malaysia’s Non-Life Growth

KUALA LUMPUR, Sept 10 (Bernama) -- AM Best has maintained a stable outlook on Malaysia’s non-life insurance segment, citing regulatory initiatives and economic expansion, which are driving robust premium growth and increasing insurance penetration.

IPC Systems Targets Net-Zero Emissions Across Value Chain By 2050 

KUALA LUMPUR, Sept 9 (Bernama) -- IPC Systems Inc (IPC), a global financial communications and trading connectivity provider, announced that its greenhouse gas (GHG) emissions reduction targets have been validated by SBTi Services, confirming that they conform with the Science Based Targets initiative (SBTi) criteria, including its target to achieve net-zero emissions across its value chain by 2050.

Malaysia Expects Nine GW Of Gas-fired Power Capacity By 2032 To Meet Rising Demand

PETALING JAYA, Sept 8 (Bernama) -- Malaysia expects about nine gigawatts (GW) of gas-fired power capacity to be deployed by 2032 as the country manages growing electricity demand while progressively phasing out coal-fired generation.

Vestland Bags RM263.73 Mln Dual-function Wall Project In Kelantan

KUALA LUMPUR, Sept 7 (Bernama) -- Vestland Bhd’s wholly owned subsidiary, Vestland Infra Sdn Bhd, has accepted a letter of award from Johnson Fluid Engineering Sdn Bhd for a RM263.73 million dual-function wall project in Kelantan.

Rubber Trade Range-Bound With Slightly Lower Bias Next Week Amid Oil Price, Geopolitical Uncertainty

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 5 (Bernama) -- The Kuala Lumpur rubber market is expected to remain range-bound with a slightly lower bias next week, as supply and demand remain largely in equilibrium amid volatile crude oil prices and uncertainty arising from geopolitical tensions.

MBSB Bank Allocates RM78 Mln Financing For Kedah Water Infrastructure Solar Projects

BALING, Sept 3 (Bernama) -- MBSB Bank Bhd has allocated RM78 million in Shariah-compliant financing to support the implementation of solar energy projects at 32 facilities owned by Syarikat Air Darul Aman (SADA) throughout Kedah.