HONG KONG (May 17): Chinese electric vehicle (EV) maker Xpeng said on Friday that the new US tariffs on Chinese EVs are detrimental to achieving carbon neutrality and green energy transition.

Xpeng says US tariffs on Chinese EVs detrimental to meeting carbon neutrality

The CEO Action Network (CAN) on May 15 launched the first diversity, equity and inclusion (DEI) implementation guide in Malaysia that takes into consideration local contexts and needs.

CEO Action Network launches Malaysia's first diversity, equity, inclusion implementation guide

The Ministry of Economy will present a progressive regulatory framework for carbon capture, utilisation and storage (CCUS) in Parliament next week, said Minister Mohd Rafizi Ramli at the OGSE 100 CEOs Forum organised by the Malaysia Petroleum Resources Corporation (MPRC) on Thursday.

Rafizi: 'Progressive' carbon capture, utilisation and storage framework to be presented next week

KUCHING (May 15): InvestSarawak on Wednesday inked a memorandum of understanding (MOU) with Marubeni Corporation, a Japanese multinational trading and investment company, to facilitate and accelerate Marubeni’s interest in the sustainable aviation fuel (SAF) project in Sarawak.

InvestSarawak, Japan’s Marubeni ink MOU to explore sustainable aviation fuel project

KUALA LUMPUR (May 15): Iskandar Investment Bhd (IIB) is broadening its collaboration within the Global Business Services (GBS) Iskandar @ Medini initiative in Johor, joining forces with GBS Malaysia and iTrain Asia.

Iskandar Investment aims to position Medini as first net-zero carbon Central Business District in region by 2030

KUALA LUMPUR (May 13): Malaysia’s voluntary carbon market exchange will host an auction of its first Malaysian carbon credits on July 25 this year, stock exchange operator Bursa Malaysia said on Monday.

Bursa Carbon Exchange to host first local carbon credit auction in July

PORT KLANG (May 12): All state governments have been urged to amend their respective forestry enactments by incorporating public inquiry procedures before degazetting any forest areas, as this falls under their jurisdiction.

State govts urged to include public inquiry in forestry enactments

KUALA LUMPUR (May 8): Public Bank Bhd has mobilised more than RM53 billion in sustainable finance since 2020, which covers financing portfolios such as energy efficient vehicles financing, affordable home financing, corporate loans and green financing facilities.

Public Bank mobilised over RM53b in sustainable finance since 2020

Global environmental, social, and governance (ESG) sukuk is expected to cross US$50 billion (RM237.32 billion) outstanding globally within the next two years, as issuers aim to meet their funding diversification goals and ESG mandates, alongside new regulatory frameworks and government-led sustainability initiatives, according to Fitch Ratings.

Global ESG sukuk issuance seen crossing US$50b within two years, says Fitch 

KUALA LUMPUR (May 7): It is fundamental for the defence industry to embrace the environmental, social, and governance (ESG) principles and its key pillars, particularly good governance, said Defence Minister Datuk Seri Mohamed Khaled Nordin.

Fundamental for defence industry to embrace ESG principles, says minister

SHAH ALAM (May 6): The Ministry of Energy Transition and Water Transformation (Petra) has come up with the affordable “Solar BOLEH!” programme to enable more people to adopt solar energy by installing solar panels in their homes, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

Ministry introduces affordable programme to boost solar energy adoption in homes

KUALA LUMPUR (May 3): Deputy Investment, Trade and Industry Minister Liew Chin Tong said it is time for Malaysia to see biomass as the feedstock for new and advanced fuels and other green industries.

Timely for Malaysia to see biomass as feedstock for advance fuels — Liew

The future of one of the world’s largest carbon offset projects is in doubt after the Indonesian government revoked its licence for violating local regulations.

World’s largest forestry offsets project has licence revoked

KUCHING (April 28): Water is an important component which acts as a stabiliser and catalyst for sustainable national development, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

Water acts as stabiliser, catalyst for sustainable national development — Fadillah

All the suspects remanded on Saturday following the attack at the Ulu Tiram police station early on Friday morning are local citizens, said Inspector-General of Police Tan Sri Razarudin Husain.

Ulu Tiram attack: Seven suspects remanded are locals, says IGP

The Communist Party of Vietnam has nominated police minister To Lam to be state president, the government said on Saturday.

Vietnam nominates top police official To Lam as state president

Maybank and English Premier League club Manchester United have launched their latest co-branded credit card in Indonesia.

In 2023, Maybank and Manchester United announced the extension of their 13-year partnership into Indonesia — adding a fourth Asean country to their existing co-branded products available to customers in Malaysia, Singapore, and the Philippines.

Maybank, Manchester United launch new co-branded credit card in Indonesia

China's agriculture minister is being investigated for suspected violations of law and discipline, the country's anti-graft watchdog said on Saturday.

China probes agriculture minister for suspected disciplinary violations

Sarawak is optimistic that its state revenue will continue to grow over the next two to three years, driven by the state's strong economic performance this year, said Premier Tan Sri Abang Johari Tun Openg.

Abang Johari optimistic Sarawak's revenue will grow in next two to three years

A Russian court has frozen local assets of Germany’s Deutsche Bank AG and Italy’s UniCredit SpA under lawsuits totalling over €1 billion (RM5.1 billion) filed by a Gazprom PJSC venture.

Russia froze Deutsche Bank, UniCredit assets in Gazprom JV case

The Madrid Court of Appeal has upheld the contempt of court conviction and sentence of arbitrator Gonzalo Stampa in the Sulu claimants case against Malaysia.

Sulu case: Madrid Court of Appeal upholds Stampa's conviction, sentence, says Azalina

Canada is examining whether it needs to raise tariffs on Chinese-made electric vehicles (EVs) after the White House announced major new levies on them, Trade Minister Mary Ng said.

Canada is looking at EV tariff policy after Biden’s move against China

Berjaya Asset Bhd (KL:BJASSET) on Saturday officially launched Times Square 2, a luxury serviced apartment development located next to Berjaya Times Square in Jalan Imbi, Kuala Lumpur.

Berjaya Asset officially launches Times Square 2

Singapore will resume flying its F-16 fleet after suspending training when one of the jets crashed earlier this month, the defence ministry on Saturday.

Singapore to resume flying F-16 jets after crash this month

Berjaya Asset Bhd (KL:BJASSET) on Saturday officially launched Times Square 2, a luxury serviced apartment development located next to Berjaya Times Square in Jalan Imbi, Kuala Lumpur.

Genting Singapore has confirmed its interest in developing an integrated resort (IR) development in the United Arab Emirates (UAE), as per its executive chairman Tan Sri Lim Kok Thay’s comments to shareholder queries at the gaming group’s annual general meeting (AGM) last Friday.

Genting Singapore keen on UAE casino resort development

A rebound that has taken the US stock market to record highs this week may have further to run, if history is any guide.

Stock market's record-setting rebound may have further to go

The seven individuals who were arrested on Friday over an attack at the Ulu Tiram police station here will be brought to the Magistrate's Court here on Saturday to obtain a remand order.

Ulu Tiram police station attack: Seven individuals to be taken to court for remand

Seven individuals, including a Singaporean, were remanded for seven days from Saturday until May 24, to assist in the investigation into the attack on the Ulu Tiram police station, early on Friday morning.

Ulu Tiram police station attack: Singaporean among seven remanded

The suspect killed in the attack at the Ulu Tiram police station, here on Friday, was believed to have acted alone, said Home Minister Datuk Seri Saifuddin Nasution Ismail.

Suspect in Ulu Tiram police station attack acted alone, says Saifuddin Nasution

The Madrid Court of Appeal has upheld the contempt of court conviction and sentence of arbitrator Gonzalo Stampa in the Sulu claimants case against Malaysia.

As the local stock market edged higher, investors will be closely monitoring the financial performance of listed firms to justify the ongoing rally with the FBM KLCI reaching a multi-year high of 1,619.45 points last Friday in intra-day trade. The better-than-expected Malaysian economic growth of 4.2% in 1Q2024, which was released last Friday, is expected to help sustain the positive market sentiment.

The Week Ahead: Corporate earnings, trade data and US Fed minutes in focus

Two men were arrested on Friday for attempting to trespass into Istana Negara.

In a statement on Friday, Kuala Lumpur police chief Commissioner Datuk Rusdi Mohd Isa said a police officer had stopped a Perodua Kembara vehicle that had attempted to enter Gate 3 of Istana Negara with the passengers intending to meet the King.

Two men arrested for attempting to trespass into Istana Negara

Home Minister Datuk Seri Saifuddin Nasution Ismail has given his assurance that the Jemaah Islamiyah (JI) movement in the country is still under control.

Saifuddin Nasution: Jemaah Islamiyah movement in Malaysia still under control

Crypto lender Genesis Global received court approval on Friday to return about US$3 billion (RM14.06 billion) in cash and cryptocurrency to its customers in a bankruptcy liquidation, leaving its owner, Digital Currency Group, with no recovery from the bankruptcy.

Crypto lender Genesis to return US$3b to customers in bankruptcy wind-down

A Russian court has frozen local assets of Germany’s Deutsche Bank AG and Italy’s UniCredit SpA under lawsuits totalling over €1 billion (RM5.1 billion) filed by a Gazprom PJSC venture.

Canada is examining whether it needs to raise tariffs on Chinese-made electric vehicles (EVs) after the White House announced major new levies on them, Trade Minister Mary Ng said.

Maybank and English Premier League club Manchester United have launched their latest co-branded credit card in Indonesia.

In 2023, Maybank and Manchester United announced the extension of their 13-year partnership into Indonesia — adding a fourth Asean country to their existing co-branded products available to customers in Malaysia, Singapore, and the Philippines.

Sarawak is optimistic that its state revenue will continue to grow over the next two to three years, driven by the state's strong economic performance this year, said Premier Tan Sri Abang Johari Tun Openg.

Spot silver surpassed US$30 an ounce to hit the highest level in more than a decade.

The precious metal closed 6.5% higher at US$31.49 an ounce Friday, the highest since February 2013. It has soared 32% this year, outpacing gold and making it one of the year’s best-performing major commodities.

Spot silver tops US$30 an ounce to hit highest since 2013

China's agriculture minister is being investigated for suspected violations of law and discipline, the country's anti-graft watchdog said on Saturday.

If the past three years have taught us anything, it is that low inflation cannot be taken for granted.

Trump’s Plans for the Fed Would Revive 1970s-Style Inflation The New Global Economy

Singapore will resume flying its F-16 fleet after suspending training when one of the jets crashed earlier this month, the defence ministry on Saturday.

All the suspects remanded on Saturday following the attack at the Ulu Tiram police station early on Friday morning are local citizens, said Inspector-General of Police Tan Sri Razarudin Husain.

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