The gala dinner for the inaugural The Edge Malaysia ESG Awards was held at Sunway Resort Hotel on Nov 28. A total of 65 awards were presented to 44 public-listed companies (PLCs) and asset management firms at the event, which saw about 400 people in attendance.

44 winners honoured at inaugural The Edge Malaysia ESG Awards gala night

The Edge Malaysia ESG Awards aim to celebrate excellence among Malaysian public-listed companies and asset management firms. Therefore, it is only apt that the trophy embraces the concept of sustainability and celebrates local heritage.

Making the trophy

Press Metal Aluminium Holdings Bhd snatched two gold trophies at the awards — one in the industrial products and services category a...

Press Metal presses on with its sustainability agenda

Sunway Bhd clinched the long-term achiever award and the silver award in the industrial products and services sector at The Edge Malaysia ESG Awards 2022. Ong Pang Yen, executive director of the chairman’s office at Sunway, attributes the success to the company’s commitment to the people and planet.

Sunway believes embracing ESG is the right thing to do

Bermaz Auto Bhd bagged two awards at the inaugural The Edge Malaysia ESG Awards 2022. The company is one of the top three performers in Asean and the silver winner in the consumer products and services sector.

Bermaz Auto: ESG is at the heart of operations

Fraser & Neave Holdings Bhd (F&N) won gold at The Edge Malaysia ESG Awards 2022 in the consumer products and services sector and an...

Fraser & Neave drives progress with solid governance structure

Westports Holdings Bhd clinched two gold trophies at The Edge Malaysia ESG Awards 2022, one in the transport and logistics sector and the other in the most consistent performer over five years category.

Westports embraces innovation to stay on track

Malaysian Pacific Industries Bhd (MPI) took home the gold trophy in the technology sector at The Edge Malaysia ESG Awards 2022. It was also one of the top three performers in Asean.

MPI believes leadership is key to ESG implementation

Digi.com Bhd bagged the gold trophy for the telecommunications and media sector at The Edge Malaysia ESG Awards 2022. Philip Ling, head of sustainability at Digi, attributes the success to the company’s commitment to responsible business, which is one of the three key pillars of the company’s strategy.

Digi sees responsible business as a key pillar

Two awards were won by UOB Asset Management’s United Sustainable Series  Global Credits fund at The Edge Malaysia ESG Awards 2022. The fund clinched the gold award in the best fixed income fund category and the silver award in the best impact in healthy ecosystems category.

UOB Asset Management focuses on companies’ ESG profiles

George Kent (Malaysia) Bhd won gold at The Edge Malaysia ESG Awards 2022 in the construction sector category, thanks to its efforts in in...

George Kent prioritises education in its ESG-adoption journey

Frontken Corp Bhd won the gold trophy in the most improved performance over three years category at The Edge Malaysia ESG Awards 2022. Executive director and chief scientist Dr Tay Kiang Meng says the engineering solutions provider attributes its success to the hard work and persistence of its team, which has overcome many challenges.

Frontken takes small steps at a time to achieve success

OCK Group Bhd took home the gold award for the most improved performance over three years category for companies with a market capitalisation between RM300 million and RM800 million.

OCK Group champions open communication

Public Mutual Bhd bagged two fund awards at The Edge Malaysia ESG Awards 2022. Its Public e-Carbon Efficient fund won gold in the best E (environmental) fund category while its Public e-Islamic Sustainable Millennial fund won silver in the best low carbon award category. Public Mutual CEO Chiang Kang Pey says the awards will motivate the company to continue pursuing greater goals.

Public Mutual takes long-term view

NEW YORK (Jan 29): Global arabica coffee prices hit record highs above US$3.60 per lb (pound) on Wednesday as Brazil, by far the world's largest producer, has few beans left to sell, and as worries over its upcoming harvest persist.

Coffee prices surge to record highs above US$3.60 per lb

Pre-war shophouses in Malaysia add a certain charm and depth to its cityscapes. In Kuala Lumpur, many of them are concentrated around the confluence of the Klang and Gombak Rivers, where the town is said to have started and grown in the mid-19th century as a trading post, spurred by tin mining.

Preserving KL’s pre-war commercial streets

KUCHING (Jan 30): Sarawak Deputy Premier Datuk Amar Douglas Uggah Embas said the safety of residences at hillside areas will be discussed at the state Disaster Management Committee (JPBN) meeting in the near future.

Uggah: Sarawak committee to discuss hillside residential safety in upcoming meeting

FORMER prime minister Datuk Seri Najib Razak last week agreed with the prosecution that The Edge Media Group chairman Tan Sri Tong Kooi Ong had alerted him to Low Taek Jho’s (Jho Low) pilfering of 1MDB funds. Tong’s visit, Najib said, had increased his misgivings about the flamboyant businessman ...

1MDB-Tanore Trial: Najib agrees with DPP that The Edge chairman Tong alerted him to Jho Low’s scamming of 1MDB 

US-China tech rivalry has catalysed significant shifts in supply chains, creating openings for Southeast Asian nations such as Malaysia to attract foreign investments under the China Plus One (China+1) strategy amid the AI boom. The race for semiconductor supremacy is not just about business, tho...

Cover Story: Redefining Malaysia’s role in the semiconductor supply chain

(Jan 30): Trump administration officials are exploring additional curbs on the sale of Nvidia Corp chips to China, according to people familiar with the matter, who emphasised that conversations are in very early stages as the new team works through policy priorities.

Trump officials discuss tighter curbs on Nvidia’s China sales — Bloomberg

IN the name of “US national security and economic strength”, the Biden-Harris administration on Jan 13 released an Interim Final Rule on Artificial Intelligence Diffusion. This rule imposes new restrictions on the export of US-developed chips that power artificial intelligence (AI) systems. The a...

Cover Story: Is Malaysia’s chip sector prepared for the storm?

Who knows what will befall mankind by 2034? Donald Trump will be gone; the planet will be warmer and probably whackier. As for football, Saudi Arabia will stage the Fifa World Cup final on a lofty perch some 350m above ground. Players will have chips implanted and VAR will be reading their minds....

Business Of Sports: City and Haaland take sensational RM1 bil, 10-year gamble

(Jan 29): Microsoft Corp and OpenAI are investigating whether data output from OpenAI’s technology was obtained in an unauthorised manner by a group linked to Chinese artificial intelligence (AI) startup DeepSeek, according to people familiar with the matter.

Microsoft probing if DeepSeek-linked group improperly obtained OpenAI data — Bloomberg

KUALA TERENGGANU (Jan 30): A vegetable trader lost RM214,700 after being duped by a fraudulent investment scheme advertised on Facebook.

Woman loses over RM200,000 to fake investment scam

TOKYO (Jan 30): Asian share markets were mixed in thin trading on Thursday,&nbsp;as much of the region was on holiday for the Lunar New Year, while the US dollar trod water after the Federal Reserve signalled a pause in policy easing.

Asia stocks mixed, dollar steady as traders consider Fed rate pause

(Jan 30): The Bank of Japan (BOJ) made a significant step towards shrinking its massive balance sheet last week, while market watchers were fixated on the biggest interest rate increase from the central bank in 18 years.&nbsp;

BOJ to slice almost US$500b off balance sheet with QT move

IN the name of “US national security and economic strength”, the Biden-Harris administration on Jan 13 released an Interim Final Rule on Artificial Intelligence Diffusion. This rule imposes new restrictions on the export of US-developed chips that power artificial intelligence (AI) systems. The a...

(Jan 30):&nbsp;Trump administration officials are exploring additional curbs on the sale of Nvidia Corp&nbsp;chips to China, according to people familiar with the matter, who emphasised that conversations are in very early stages as the new team works through policy priorities.&nbsp;

(Jan 29): Microsoft Corp and OpenAI are investigating whether data output from OpenAI’s technology was obtained in an unauthorised manner by a group linked to Chinese artificial intelligence (AI) startup DeepSeek, according to people familiar with the matter.

(Jan 30): SoftBank Group Corp&nbsp;is in discussions to invest as much as US$25 billion (RM109.75 billion) in OpenAI, in a move that would potentially make it the artificial intelligence (AI) startup’s biggest backer.

SoftBank in talks to invest up to US$25b in OpenAI — Bloomberg

(Jan 30):&nbsp;Stocks slipped and short-dated bond yields rose, though both pared bigger moves as early concern that the US Federal Reserve was growing more worried about inflation got tamped down by chair Jerome Powell.

Stocks fall on Fed day as tech mixed in late hours

KUALA TERENGGANU (Jan 30): A&nbsp;vegetable trader lost RM214,700 after being duped by a fraudulent investment scheme advertised on Facebook.

(Jan 30):&nbsp;It’s not a skip, it’s a pause — and maybe an extended one.

Powell signals Fed on hold as Trump’s economic policies take shape

KUCHING (Jan 30): The number of flood victims in Sarawak almost doubled as of 8am on Thursday, when 5,385 people from 1,505 families sought shelter at temporary relief centres, compared to 2,981 people from 862 families on Wednesday night.

Sarawak floods: Number of victims almost doubles to 5,385

US-China tech rivalry has catalysed significant shifts in supply chains, creating openings for Southeast Asian nations such as Malaysia to attract foreign investments under the China Plus One (China+1) strategy amid the AI boom. The race for semiconductor supremacy is not just about business, tho...

Microsoft&nbsp;on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down more than 5% as investors worry about big spending, elusive artificial intelligence revenue and growing competition from cheaper AI models from China.

Microsoft shares slide as cloud forecast, AI spending disappoint

Being a top banker in the nation’s most important government-owned bank is a privileged position. Doors open as one wanders through the corridors of power, gourmet lunches served as the inner workings of politics and business are laid bare. A nod, a smile or the calculated silence — what more a s...

My Say: A top banker’s rare candid view of seven missed opportunities for the nation

FORMER prime minister Datuk Seri Najib Razak last week agreed with the prosecution that The Edge Media Group chairman Tan Sri Tong Kooi Ong had alerted him to Low Taek Jho’s (Jho Low) pilfering of 1MDB funds. Tong’s visit, Najib said, had increased his misgivings about the flamboyant businessman ...

MEXICO CITY (Jan 29): Meta Platforms on Wednesday said it has agreed to pay about US$25 million (RM109.75 million) to settle a lawsuit by President Donald Trump over the company's suspension of his accounts after the Jan&nbsp;6, 2021, attack at the US&nbsp;Capitol.

Meta to pay US$25m to settle Trump's 2021 lawsuit over suspended accounts

Meta&nbsp;Platforms&nbsp;META.O&nbsp;beat Wall Street expectations for fourth-quarter revenue on Wednesday but predicted sales in the current first quarter may not meet forecasts, sending mixed signals about how its bets on pricey artificial intelligence-powered tools are paying off.

The Facebook and Instagram parent company expects first quarter revenue between $39.5 billion and $41.8 billion, compared with analysts' average estimate of $41.72 billion, according to data compiled by LSEG.

Meta sends mixed signals as quarterly sales beat estimates but outlook muted

Who knows what will befall mankind by 2034? Donald Trump will be gone; the planet will be warmer and probably whackier. As for football, Saudi Arabia will stage the Fifa World Cup final on a lofty perch some 350m above ground. Players will have chips implanted and VAR will be reading their minds....

NEW YORK (Jan 29): Global arabica coffee prices hit record highs above US$3.60 per lb (pound) on Wednesday as Brazil, by far the world's largest producer, has few beans left to sell, and as worries over its upcoming harvest persist.

Pre-war shophouses in Malaysia add a certain charm and depth to its cityscapes. In Kuala Lumpur, many of them are concentrated around the confluence of the Klang and Gombak Rivers, where the town is said to have started and grown in the mid-19th century as a trading post, spurred by tin mining.</...

The Edge ESG Award 2022

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The Edge ESG Award 2022

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