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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.

ABB Group's Machine Automation Division Eyes Penang As Southeast Asia Operations Hub

GEORGE TOWN, Sept 8 (Bernama) -- Swiss-based ABB Group’s Machine Automation division (B&R) is looking to strengthen its presence in Penang and expand the state’s role within its Southeast Asian operations.

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.

Bursa Malaysia Rises On Buying Interest In Banking, Telco Stocks

By Rosemarie Khoo & Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 7 (Bernama) -- Bursa Malaysia traded higher on Monday, supported by renewed buying interest in selected banking and telecommunications heavyweights, an analyst said.

Local Institutions Extend Buying Streak To Six Weeks With RM120.3 Mln Inflow - MBSB IB

KUALA LUMPUR, Sept 7 (Bernama) -- Local institutions extended their net buying streak on Bursa Malaysia to six consecutive weeks, recording net inflows of RM120.3 million last week, according to MBSB Investment Bank Bhd (MBSB IB).

BNM Holds OPR At 2.75 Pct As Growth Resilient, Inflation Contained

By Niam Seet Wei

KUALA LUMPUR, Sept 6 (Bernama) -- Sustainable economic growth, as well as contained inflation, were among the factors that led Bank Negara Malaysia (BNM) to maintain the overnight policy rate (OPR) at 2.75 per cent.

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.

SkyGate NHJ Technology opens Manufacturing Facility In Penang 

KUALA LUMPUR, Sept 4 (Bernama) -- SkyGate NHJ Technology Sdn Bhd has inaugurated its new manufacturing facility in the Perai Free Industrial Zone, Penang, expanding its technology-driven precision engineering presence in Malaysia.

China's Guizhou Digital Industry Cluster Reaches 300 Bln Yuan

KUALA LUMPUR, Sept 4 (Bernama) -- Guizhou’s digital industry cluster has reached a scale of 300 billion yuan (roughly RM180 billion), while the southwestern Chinese province’s computing capacity has surpassed 176 EFLOPS (exa floating-point operations per second).

SkyGate NHJ Technology To Invest US$30 Mln In Smart Manufacturing Facility In Penang

BUTTERWORTH, Sept 4 (Bernama) -- SkyGate NHJ Technology Sdn Bhd plans to invest US$30 million (US$1=RM4.03) to develop a smart manufacturing facility in Penang, with the investment to be carried out in two phases.

Sharp Connect 2026 Brings Smarter, Connected Solutions Closer To Sabah

KOTA KINABALU, Sept 3 (Bernama) -- Sharp Electronics (Malaysia) Sdn Bhd is expanding beyond traditional home appliances through ‘Sharp Connect 2026’, showcasing a broader ecosystem of smart and connected solutions for workplaces, education, hospitality and other sectors.

EIG Leads 460 Mln-Euro Structured Credit Facility For Aukera

KUALA LUMPUR, Sept 3 (Bernama) -- EIG, an institutional investor in the global energy and infrastructure sectors, has served as the lead investor for Aukera’s 460 million euros structured credit facility. (1 Euro = RM4.67)