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Malaysia's banks accelerate carbon reduction with solar, financing projects
Finance

Malaysia's banks accelerate carbon reduction with solar, financing projects

Malaysia's financial sector is intensifying its efforts to reduce carbon emissions. Public Bank will invest RM 14.88 million (about 3.3 million USD) to install solar panels across all its branches and buildings.

December 18, 2024

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Malaysia's banks accelerate carbon reduction with solar, financing projects
Finance

Malaysia's banks accelerate carbon reduction with solar, financing projects

Malaysia's financial sector is intensifying its efforts to reduce carbon emissions. Public Bank will invest RM 14.88 million (about 3.3 million USD) to install solar panels across all its branches and buildings.

December 18, 2024
Proton unveils first EV with low price to compete against Tesla, BYD
Market

Proton unveils first EV with low price to compete against Tesla, BYD

As the EV trend continues to gain momentum, Malaysia's first homegrown automaker, Proton, launched its first EV, the e.MAS7, on Dec. 16.The base model is priced at under RM 110,000, making it highly competitive compared to existing players.

December 18, 2024
Malaysia’s ambitious SAF plans face supply, regulatory hurdles
Market

Malaysia’s ambitious SAF plans face supply, regulatory hurdles

Malaysia plans to produce sustainable aviation fuel (SAF) by 2027, leveraging its natural resources to grow its bioenergy sector. However, limited availability of used cooking oil (UCO) raises concerns about meeting biofuel supply demands.

December 05, 2024
Malaysia to implement EECA in 2025, targeting energy-intensive buildings
Regulation

Malaysia to implement EECA in 2025, targeting energy-intensive buildings

The Malaysian government is set to implement the Energy Efficiency and Conservation Act (EECA) next year, initially targeting buildings of large energy consumers in the manufacturing and commercial sectors.

November 26, 2024
Sarawak to establish climate change center to foster green economy, carbon trading
Regulation

Sarawak to establish climate change center to foster green economy, carbon trading

Malaysian state of Sarawak is planning to establish a Climate Change Center as a key point of engagement for collaboration with businesses.

November 14, 2024
Malaysia considers grid deregulation to support green energy exports, EV infrastructure
Regulation

Malaysia considers grid deregulation to support green energy exports, EV infrastructure

Malaysia is also exploring the possibility of opening up green energy exports and plans to expand its national grid to meet the growing demand for clean electricity, particularly for electric vehicle (EV) charging stations, said Deputy Prime Minister.

November 07, 2024
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