Claims Filed In Singapore Relates To Eric Tan, Jho Low's Associate -- 1MDB Asset Recovery Taskforce

KUALA LUMPUR, Sept 10 (Bernama) -- The 1Malaysia Development Bhd (1MDB) Asset Recovery Taskforce said claims for damages filed by four companies’ court-appointed liquidators suing DBS Bank are linked to accounts opened by Jho Low associate, Eric Tan.

Anwar To Hold High-Level Meetings With Modi, Putin During BRICS Summit Working Visit In India

From Saraswathi Muniappan

NEW DELHI, Sept 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim is set to engage in high-level bilateral meetings with Indian Prime Minister Narendra Modi and Russian President Vladimir Putin during his working visit to the Indian capital for the 18th BRICS Summit this weekend.

EIG Closes Senior Infrastructure Debt Fund VI At US$1.9 Bln

KUALA LUMPUR, Sept 10 (Bernama) -- EIG, an institutional investor in the global energy and infrastructure sectors, announced the final close of EIG Senior Infrastructure Debt Fund VI (SIDF VI) at US$1.9 billion, nearly double the size of its predecessor fund. (US$1 = RM4.06)

Malaysia's Economy Remains Resilient, Supported By Manufacturing, Data Centres, Says S&P

KUALA LUMPUR, Sept 9 (Bernama) -- Malaysia’s economic outlook remains resilient, supported by strong manufacturing activity, sustained infrastructure investment and a rapidly expanding data centre sector, said S&P Global Ratings.

PNB Launches Second US$300 Mln Secured Exchangeable Sukuk

KUALA LUMPUR, Sept 9 (Bernama) -- Permodalan Nasional Bhd (PNB) has launched its second US$300 million secured exchangeable sukuk to optimise its portfolio through innovative capital market solutions.

Public Bank To Privatise Hong Kong Subsidiary At HK$2.50 Per Share

KUALA LUMPUR, Sept 8 (Bernama) -- Public Bank Bhd has proposed to privatise its 73.23 per cent-owned subsidiary Public Financial Holdings Ltd (PFHL) for HK$2.50 (RM1.29) per share.

Budget 2027 Should Incentivise Energy Efficiency, RE Development – Energy Commission

KUALA LUMPUR, Sept 8 (Bernama) -- Budget 2027 should introduce incentives to encourage investment in energy efficiency and renewable energy (RE) development, according to the Energy Commission (ST).

Industries Need Innovation, Energy Efficiency To Stay Competitive - ABB

GEORGE TOWN, Sept 8 (Bernama) -- Industries must improve productivity, optimise energy consumption, enhance operational reliability and accelerate their sustainability journey to remain competitive amid rising costs and rapid technological changes.

East Coast Poised To Become Food Security Hub, Green Economy Leader - MIDA

KUANTAN, Sept 8 (Bernama) -- Malaysia’s East Coast region has strong potential to become a key hub for national food security and a leading centre for the green economy through greater investment in renewable energy. 

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.

EB5 Capital Achieves Full Early Repayment Of JF38 Project

KUALA LUMPUR, Sept 7 (Bernama) -- EB5 Capital has announced the full early repayment of JF38 – Hutchinson Island Apartments, a 288-unit multifamily development in Savannah, Georgia.

Getting Nuclear Power Into Energy Mix Inevitable, Malaysia Lays The Groundwork

By Arul Rajoo Durar Raj and Nor Baizura Basri

KUALA LUMPUR, Sept 6 (Bernama) -- Malaysia has been actively laying the groundwork to pave the way for a possible nuclear application in the country's energy mix, although it may not materialise in the foreseeable future.