The country’s second waste-to-energy (WTE) plant costing RM660 million will be built in Sungai Udang, Melaka, and is expected to be fully operational by 2029.

Malaysia's second WTE plant costing RM660m to be built in Sungai Udang, Melaka, says Nga

The recent heartbreaking sight of a mother elephant mourning her baby, struck and killed by a lorry on Mother's Day along the Gerik-Jeli highway, is a stark reminder of the growing challenges in human-wildlife coexistence.

The tragedy should serve as a wake-up call, urging us to rethink...

Views: Beyond the Mother's Day tragedy: Safer roads, safer wildlife, a call to action

Mike Ng, the first group sustainability officer at OCBC, has had an interesting career path in the banking industry that led him to his current role.

Ng, who assumed the role in July 2023, only began focusing on sustainable finance in 2018. When he started his banking career decades ago...

Profile: From banker to sustainability officer

About three years ago, the Malaysian Timber Association (MTA) saw deforestation-free requirements being introduced in the global markets, and ESG becoming increasingly essential for market access.

In response, the MTA decided to prepare an industry-wide framework for local timber player...

Regulations: Timber industry taking charge of ESG initiatives

Recognising the negative impact of land-use change for agriculture, Wilmar International Ltd has set aside conservation areas within its operations and introduced programmes involving local communities to rehabilitate degraded forests.

The Sekar Imej Conservation Area (SICA) project, lo...

Biodiversity: Balancing conservation and community needs

It is becoming more difficult for residents in places such as Program Perumahan Rakyat (PPR) Beringin and Kampung Pasir Baru to recover from frequent floods and rising temperatures, which are climate change impacts that are only expected to worsen in Malaysia.

In a survey under the Clim...

Adaptation: Preparing KL’s most vulnerable neighbourhoods for climate change

Sashi Ambihaipahan, director of corporate communications and sustainability at BMW Group Malaysia, has been searching for a circular economy solution for used electric vehicle (EV) batteries since 2019, when BMW EVs were first sold in the country.

The circular economy refers to a concep...

Cover Story: Can Malaysia ‘mine’precious metals from waste?

In its first year of implementation, the Malaysia Automotive Robotics and IoT Institute’s (MARii) electric motorcycle (e-bikes) incentive scheme (MARiiCas) reported 6,916 approved applications, amounting to RM16.59 million in rebates for commercial e-bikes as at December 2024.

Much of t...

Mobility: Electric bikes see significant uptake, thanks to rebates

For Malaysia to achieve net zero emissions by 2050, existing policies are insufficient. A transformational shift, backed by trillions in investments, is needed.

These were among the conclusions of the Long-term Low Emissions Development Strategy (LT-LEDS) report and NDC (nationally dete...

Policy: More ambition and investments needed to achieve net zero target

Progressing on the decarbonisation journey is important, but equally crucial is planning the ramp-up in renewable energy (RE) and energy cost hike associated with it, said Dr Ken Koyama, the Institute of Energy Economics Japan’s (IEEJ) chief economist and senior managing director.

IEEJ: Net-zero aspiration vital, but energy cost optimisation equally crucial  

Petroliam Nasional Bhd (Petronas) will allocate 20% of its total capital expenditure (capex) over the next five years to low-carbon and decarbonisation projects as it works towards achieving net zero carbon emissions by 2050, according to Petronas senior vice-president of corporate strategy Marina Md Taib.

Petronas to channel 20% of capex to decarbonisation projects over next five years

KUCHING (June 16): Malaysia reaffirmed its firm commitment to driving regional energy cooperation with a focus on inclusivity and sustainability, as it chaired the 43rd Asean Senior Officials Meeting on Energy (SOME), held here on Monday.

Asean meeting: Malaysia reaffirms firm commitment to regional energy cooperation

Prime Minister Datuk Seri Anwar Ibrahim said that the country’s utility company Tenaga Nasional Bhd (KL:TENAGA) has committed RM43 billion to upgrade the national power grid. This upgrade will help handle growing energy demand and support renewable energy by using advanced technologies like artificial intelligence (AI) and battery storage systems. The goal is to make Malaysia’s energy system more resilient and flexible for the future.

Malaysia to spend RM43 bil on grid upgrades to support clean energy, says Anwar

The IFRS Foundation acknowledged Malaysia’s adoption of the ISSB standards with limited transition, representing the only jurisdiction in the Asean region, in a jurisdictional profile released last Friday.

IFRS Foundation recognises Malaysia’s alignment with ISSB Standards

Malaysia’s export growth is projected to moderate to 2% in 2025, from 5.7% in 2024, amid ongoing trade uncertainties and rising geopolitical tensions in the Middle East, according to MIDF Amanah Investment Bank.

Middle East tensions, tariff concerns to drag Malaysia’s export growth in 2025, says MIDF

Maxim Global Bhd (KL:MAXIM) has filed an appeal to overturn a stay order granted by the High Court this week that temporarily halts its high-rise residential project here.

In a filing on Friday, Maxim said the stay applied to the development order issued by the Kuala Lumpur City Hall (DBKL) back in October 2017 for the development of five blocks of 30-storey apartments.

According to Maxim, the stay was granted pending the outcome of a judicial review initiated by a petitioner against DBKL.

Maxim Global files appeal to overturn court order halting  high-rise project

The Federation of Malaysian Consumers Associations (Fomca) has expressed full support for the implementation of the new electricity tariff structure under Regulatory Period 4 (RP4), describing it as timely, progressive and beneficial for Malaysian households.

Fomca backs new RP4 electricity tariff, calls it fair and timely

Palm oil producer SD Guthrie Bhd (KL:SDG), formerly known as Sime Darby Plantation Bhd, and its sister company Sime Darby Property Bhd (KL:SIMEPROP) have entered into an agreement to jointly develop up to 2,000 acres of land on Carey Island, Selangor.

SD Guthrie, Sime Darby Property to co-develop 2,000 acres on Carey Island into industrial, logistics hub

Volkswagen's premium brand Audi could build a plant at a new location in the United States under scenarios being considered to placate President Donald Trump in the tariff conflict, the Spiegel news magazine reported on Friday.

Audi is considering building a plant in the southern US, which would be the more expensive option out of a number of scenarios being considered, with company sources estimating costs of up to 4 billion euros (US$4.6 billion), the report said.

Audi could build plant in US to placate Trump, Spiegel reports

The UK’s supermarket regulator is investigating Amazon.com Inc over delayed payments to the online retailer’s suppliers.

UK regulator to probe Amazon over delayed supplier payments

Thailand's embattled Prime Minister Paetongtarn Shinawatra faced the prospect of losing her government's majority on Friday, as a vital coalition partner looked set to demand her resignation and senators launched a legal bid to remove her from office.

Embattled Thai PM faces call to step down to avert coalition revolt

Wasco Bhd (KL:WASCO) is planning to list its wholly owned unit, Wasco Greenergy Bhd, which operates biomass and steam energy businesses, on the Main Market of Bursa Malaysia.

Wasco plans spin-off listing of biomass energy unit on Bursa

Poh Huat Resources Holdings Bhd (KL:POHUAT) on Friday reported a 92.05% year-on-year drop in quarterly net profit, as demand from the US softened amid tariffs and higher operating costs dented earnings.

Poh Huat's quarterly profit slumps on weaker US demand, higher costs

The Securities Commission Malaysia (SC) added 59 names to its Investor Alert List in the first quarter (1Q) of this year, said chairman Datuk Mohammad Faiz Azmi.

SC adds 59 entities to Investor Alert List in 1Q 

The ex-wife of China Evergrande Group’s chairman spent millions on luxury apartments in London, nine months after the developer defaulted on its loans.&nbsp;

While a court document in January unveiled her ownership of 33 units at the high-end residential development Thames City, it didn’t include the timing of the purchase. The properties worth £49.8 million (US$67.0 million or RM285.4&nbsp;million) were acquired in September 2022, according to data compiled by Bloomberg News based on UK land registry filings. That’s almost a year after Chinese authorities&nbsp;asked&nbsp;Evergrande Chairman Hui Ka Yan to pay debt with his personal wealth.

Evergrande tycoon’s ex-wife spent millions on homes as firm sank

Peninsular Malaysia’s electricity tariffs will be adjusted on a monthly basis from July onwards, instead of twice a year.

Malaysia's electricity tariffs to be adjusted monthly, instead of twice a year

The High Court has granted former prime minister Datuk Seri Najib Razak a discharge not amounting to acquittal (DNAA) in his money-laundering trial linked to SRC International Sdn Bhd.

Court grants Najib temporary discharge in second case linked to SRC

Malaysia’s exports fell in May for the first time this year amid sharp decline in shipments of petroleum products and lower deliveries to China and Japan, official data on Friday showed.

Malaysia’s exports dip for first time in 2025, sharply shrinking trade surplus, official data show

CIMB Securities upgraded Hong Leong Bank Bhd (KL:HLBANK) to a 'buy' rating, viewing its recent share price weakness as a buying opportunity, especially given the notable gains at its Chinese associate Bank of Chengdu Co Ltd.

Hong Leong Bank upgraded to ‘buy’ as associate Bank of Chengdu's shares rally — CIMB Securities

Investors should stand ready to accumulate blue-chip stocks, anticipating that the next pullback in the FBM KLCI, particularly if it dips below the critical 1,500-point psychological level, said analysts.

KLCI's next pullback could spark opportunities to accumulate blue chips — analysts

Singaporean Shabnam Naraindas Daswani, a former associate and shopping partner&nbsp;for Datin Seri Rosmah Mansor, has affirmed an affidavit in support of 1Malaysia Development Bhd (1MDB) and other plaintiffs’ application for a Mareva injunction to be imposed on the wife of former prime minister Datuk Seri Najib Razak.

Shopping partner Shabnam affirms affidavit in support of 1MDB’s Mareva injunction against Rosmah

In the heart of Singapore, a financial hub where billions of dollars zip around the world over computer screens in nanoseconds, there’s a crowded building where cash still reigns.

Singapore’s banking hub has a corner where cash is still king

Malaysia’s economic shield just got another boost as international reserves climbed to the highest in more than a decade by mid-June, the latest data showed.

Malaysia accumulates biggest foreign-currency war chest in a decade

An all-out push has yet to lift Astro Malaysia Holdings Bhd (KL:ASTRO), as another weak quarter underscores the pay-television operator’s long-running struggles.

Another weak quarter shows Astro's struggles far from over, analysts say

Baidu Inc is planning to launch its Apollo Go robotaxi service in Malaysia and Singapore as early as this year, according to a person familiar with the matter, as the company continues to expand its global footprint.

China’s Baidu eyes robotaxi expansion to Malaysia, Singapore this year — Bloomberg

The government’s proposed health insurance scheme, to be funded through Account 2 of the Employees Provident Fund (EPF), will be voluntary and not mandatory, said Health Minister Datuk Seri Dr Dzulkefly Ahmad.

Proposed EPF health insurance scheme will be voluntary, says minister

Pop Mart International Group Ltd&nbsp;shares dropped in Hong Kong after a Chinese state media commentary called for stricter regulation of blind-box toys and trading cards, stoking concern over the company’s wildly popular Labubu dolls business.

China’s warning on blind-box toys sends Pop Mart shares sliding

Daruma Capital Sdn Bhd, which operates the Chizu Café chain, on Friday announced its plan to list on the Singapore Exchange (SGX) to accelerate regional expansion.

Chizu Café owner plans Singapore IPO to fuel Southeast Asian expansion

Bukit Aman Special Branch director Datuk Seri Mohd Khalid Ismail has been appointed inspector general of police (IGP), effective next Monday (June 23).

Mohd Khalid Ismail appointed new IGP, effective June 23

Thailand's embattled Prime Minister Paetongtarn Shinawatra faced the prospect of losing her government's majority on Friday, as a vital coalition partner looked set to demand her resignation and senators launched a legal bid to remove her from office.

The ringgit is expected to further appreciate against the US dollar in the second half of 2025, driven by a weakening greenback and the accelerating global shift away from US dollar dominance, said Rakuten Trade Sdn Bhd.

Ringgit seen strengthening amid global de-dollarisation, US policy headwinds, says Rakuten Trade

One unusually warm evening in April, Richard Liu revved his scooter through Beijing’s traffic-snarled streets alongside other delivery workers, and then personally handed food orders to surprised customers. Later that night, over spicy hotpot and ice-cold beer, the JD.com Inc&nbsp;founder welcomed a pair of riders from two rival delivery firms to his company.&nbsp;

JD.com billionaire’s viral stunt reignites China’s food-delivery feud

The goods and services tax (GST) is an efficient and transparent taxation system, but it is not yet suitable for re-implementation because the people’s income threshold is still low, said Prime Minister Datuk Seri Anwar Ibrahim.

GST not suitable for implementation yet because people's income still low, says Anwar

A dedicated industry working group has been formed to boost cyber resilience across the Malaysian stockbroking ecosystem, the stock exchange operator announced on Friday.&nbsp;

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