BENGALURU (May 31): Indonesia and Malaysia will delay trade talks with the European Union (EU) while they seek fairer treatment for small palm oil producers, the Financial Times reported on Wednesday.

Indonesia, Malaysia freeze trade talks with EU over palm oil — FT

Independent Power Producer (IPP) Malakoff Corp Bhd said that its power plants including its coal plants will continue to run until 2031 and 2041 as agreed through its Power Purchasing Agreements (PPA) with the government made through Tenaga Nasional Bhd (TNB).

The group believes that by 2041, it will be able to either "switch off" or continue for security reasons, if need be.

Power plants will continue until 2031-2041 to ensure energy security, says Malakoff

Asia’s top ESG funds are reaping the rewards of investing in Japan, a market largely ignored even by local money managers focused on sustainability.

Top ESG funds in Asia boost returns in once unloved market

BRUSSELS (May 30): Deputy Prime Minister and Minister of Plantation and Commodities Datuk Seri Fadillah Yusof is confident that the meeting here on the European Union’s Deforestation Regulation (EUDR) will be fruitful, amid the higher level of engagement.

Fadillah confident meeting on EUDR will be fruitful

KUALA LUMPUR (May 30): The El Nino phenomenon is expected to occur in Southeast Asia sometime next month and the resulting hotter and drier weather is set to exacerbate the haze situation in the region.

El Nino to worsen haze situation in Malaysia

BRUSSELS (May 29): Malaysia's Deputy Prime Minister Datuk Seri Fadillah Yusof arrived in Brussels, Belgium at 5.30am Malaysian time on Monday (May 29), for his official visit and trade mission to the European Union (EU).

Fadillah arrives in Brussels for official visit

TOKYO (May 28): Proxy adviser Institutional Shareholder Services (ISS) has recommended that shareholders of Toyota Motor Corp vote in favour of a resolution urging the automaker to improve disclosure of its lobbying related to climate change.

ISS backs Toyota shareholder proposal on climate disclosure

KUALA LUMPUR (May 28): Malaysia and Indonesia want the European Union to recognise their work on the environment and deforestation with regard to palm oil production, in line with the United Nations’ Sustainable Development Goals (UNSDP), Malaysian Palm Oil Board (MPOB) chairman Mohamad Helmy Othman Basha said.

MPOB: Malaysia, Indonesia want EU to recognise their work on environment, deforestation with regard to palm oil

KUALA LUMPUR (May 26): Malaysia Aviation Group (MAG) has become the first aviation organisation in Malaysia to sign a sustainable aviation fuel (SAF) offtake agreement with Petronas Dagangan Bhd (PDB), as part of collaborative efforts to make the SAF production available in Malaysia at a commercial scale.

MAG is first aviation organisation in Malaysia to ink SAF offtake agreement with Petronas

(May 25): Investors will pour more money into solar power than in oil production this year for the first time, signalling the scale and speed of the transition to low-carbon sources of energy.

That’s according to the latest report from the International Energy Agency, which sees investm...

Solar power investment set to surpass oil production spending this year

JAKARTA (May 25): The world's two biggest palm oil producers Indonesia and Malaysia will send top officials to the European Union next week to voice concern over a new deforestation law they believe could be detrimental to small farming businesses.

Indonesia, Malaysia to visit Brussels over concern about EU deforestation law

Gentari Sdn Bhd is one of the new renewable energy (RE) players that have attracted significant attention, thanks to the profile of its owner, Malaysia’s national oil and gas company Petronas.

Petronas set up Gentari last June to deliver net-zero carbon emissions solutions through RE, h...

Q&A: Getting to know Gentari

The balcony of the Port of Tanjung Pelepas (PTP) offers a 180° view of its long berth, lined with towering cranes, stacks of containers and massive ships passing through the channel. At the corner of the visitor’s eye, however, is the sight of a formidable competitor: Singapore’s Tuas Port, which...

Logistics: Tanjung Pelepas wants to get ahead with ESG

After two years of high oil prices, the Malaysian government finally announced that the electricity tariff for non-residential (medium- and high-voltage) users will be increased from 3.7 sen to 20 sen from January 2023.

This triggered an outcry from businesses that were suddenly fa...

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