AirAsia became the first airline in Malaysia to adopt Combo Units, an advanced airport ground equipment that is more fuel efficient, at its main hub at the Kuala Lumpur International Airport (KLIA) Terminal 2 on Tuesday.

AirAsia aims to reduce carbon emissions by 20,000 tonnes per year with new technology

Malaysia will advocate for the adoption of nature-based solutions to enhance climate resilience, and commit to expand its network of protected areas at the 16th meeting of the Conference of Parties to the Convention on Biological Diversity (COP16), which is being held from Monday (Oct 21) until Nov 1 at Cali, Colombia, Natural Resources and Environmental Sustainability Minister Nik Nazmi Nik Ahmad tells ESG.

COP16: Malaysia to advocate for nature-based solutions and expand protected areas

Discussions on how waste should be managed used to stop at recycling, but this has been superseded by the concept of the circular economy.

This concept ensures that materials are not wasted and remain useful through reuse, repair and designs that prevent waste from being created in the ...

Circular Economy: A better way to manage waste in Asean

In tropical countries like Malaysia, the surface seawater is much warmer than deep seawater. This temperature difference can become a source of renewable energy, called blue energy.

Most people might think of blue energy as that generated from the movement of waves and tidal flows, but ...

Energy: Tapping into the power of the ocean

A company that adopts sustainability practices has opportunities to increase profits and unlock future growth. This is a result of the wider world’s progress towards a lower-emission and more socially equitable economy, and the opportunities will differ by sector, geography, technology adoption and company strength.

How to identify sustainability opportunities

The idea to launch a Home Solar Subscription programme came after Raj Ridvan Singh, founder and CEO of Sols Energy, paid a visit to the US as a Ford Fellow many years ago.

“I got to study at Columbia University in New York and Yale University for about six weeks [in] this fellowship, an...

Energy: Home solar subscription, a game changer for accessibility?

Initially drawn to forensic and crime science because of her passion for criminology, Yap Jo Leen shifted gears after her first job as a scientific officer at the Dark Cave conservation site. This experience ignited her dedication to championing the cause of one of Malaysia’s endangered species, ...

Profile: Restoring nature, one monkey at a time

For years, the view on my commute was a blur of passing billboards. Those giant, dusty advertisements feel like relics of a bygone era. But lately, things have become a bit more interesting. Digital billboards have started popping up, replacing the static ones with bright, colourful displays. I o...

Cooler Conversations: How sustainable are billboards?

More Malaysians are opting for vapes as seemingly less harmful alternatives to cigarettes. Vapes generate vapour instead of smoke, and the waste is less of an eyesore. In comparison, cigarette butts are littered, which could leach toxic contaminants into the environment.

But the environ...

Circular Economy: Dealing with vape waste

Chua SengTeong, managing director of ChargEV, reflects that career-wise, he has always been at the forefront of uncharted territory, in the sectors of telecommunications, financial technology (fintech) and now, mobility. “To me, that’s fun … where there [are] endless possibilities.”

Cha...

Mobility: ChargEV’s road map for becoming a regional leader

With the European Union (EU) imposing the carbon border adjustment mechanism (CBAM) on imports into the region, Malaysia has also started considering carbon pricing schemes to accelerate decarbonisation efforts and counter the impact of carbon taxes in other jurisdictions.

While this ma...

Coverstory: How to do carbon pricing right

The merger of Celcom and Digi two years ago to form CelcomDigi Bhd (KL:CDB) made it the largest telecommunications company (telco) in Malaysia. Now, the merged entity with 20 million network subscribers is also integrating its environmental, social and governance (ESG) strategies.

At it...

Technology: CelcomDigi’s ESG resolution

Climate change is a long-standing issue that rose to the main agenda of policymakers and the private sector for most of the 21st century. This is as rising sea levels, global warming and increasing extreme weather events turned it into a crisis. This infographic presents the historical timeline for the discovery of climate change and the international cooperation ­to tackle the crisis.

The history of climate change

Malaysia, situated just north of the equator, is free from many forms of natural disasters. However, it is prone to seasonal flooding that is increasing in frequency on the back of global warming.

Climate risks, particularly floods, under focus

Global fabless semiconductor companies and foundries rely on their production and assembly facilities in East Asia and Southeast Asia to manufacture 73% of their chips and semiconductor equipment. East Asian countries such as Japan, South Korea, China and Taiwan have developed a mature chip ecosy...

Condivergence: Chip packaging’s place in Malaysia’s semiconductor strategy

(Oct 23): Donald Trump has rejoined the Bloomberg Billionaires Index for the first time since Aug. 6 as his media startup’s stock surges alongside his odds in political betting markets.

The former president’s fortune rose to $6.5 billion Tuesday, ranking him 481st on the l...

Trump enters world’s 500 richest list for first time in 11 weeks

Investors counting on corporate results to give China’s stock rally a fresh leg up may have to look beyond the current quarter for clues, given an ailing economy and constraints on stimulus efforts.

While forward earnings per share projections for members of China’s benchmark CSI 300 Index have seen an upward revision of about 1.5% since a September trough, they remain close to a six-year low, Bloomberg-compiled data show. The gauge has pared some gains from a 35% surge since the September low as traders await further fiscal measures.

China’s historic stock jump unlikely to find support in earnings

Analysts have raised their earnings forecasts and target prices (TPs) after Gamuda Bhd (KL:GAMUDA) grew its order book to RM28.7 billion after securing a NT$32 billion (RM4.3 billion) contract for the Xizhi Donghu Mass Rapid Transit (MRT) project in Taiwan.

Analysts raise forecasts after Gamuda boosts order book to RM28.7b with Taiwan MRT job

US billionaire entrepreneur Elon Musk warned of the risk of the United States going bankrupt if government spending is not cut, reported Sputnik, reported by Bernama-Sputnik.

Musk warns of risks of US going bankrupt — report

Malaysia Airlines Bhd (MAB) has expressed its commitment to focusing on improving training and recruitment to address the increasing demand and complexity of modern aircraft.

The Ministry of Finance (MoF) said that MAB has also strengthened its competitive salary offerings to attract new workers and retain existing employees while also implementing a recruitment process directly from the market.

MAB focuses on enhancing training, hiring workers to address demand, modern aircraft

Bankrupt Tupperware Brands agreed on Tuesday to sell its business to a group of lenders for US$23.5 million (RM101.99 million) in cash and over US$63 million in debt relief, cancelling its plans for an open-market auction of its assets.

Tupperware cancels auction, agrees to lender takeover

Three companies had met all the requirements to participate in the online bidding on June 16, 2024 for a pilot project to supply renewable energy (RE) across borders to Singapore via Energy Exchange Malaysia (ENEGEM).

The Ministry of Energy Transition and Water Transformation (PETRA) said that two Singaporean companies were successful in their bid to secure 100 megawatts (MW) of green electricity, with cross-border supply agreements currently being finalised.

Three companies qualify for online bid to supply renewable energy

South Africa sees Russia as a valued ally, President Cyril Ramaphosa said at a bilateral meeting with Russia's Vladimir Putin on Tuesday, on the eve of the BRICS summit of emerging economies that will take place in the Russian city of Kazan.

South Africa sees Russia as a valued ally, Ramaphosa tells Putin

The last time US government bonds sold off this much as the Federal Reserve started cutting interest rates, Alan Greenspan was orchestrating a rare soft landing.

Treasuries plunge like it’s 1995 as traders see soft landing

Stocks struggled in late hours after downbeat news from some key American companies, with traders also mulling prospects for a slower pace of Federal Reserve rate cuts.

A US$600 billion exchange-traded fund tracking the S&amp;P 500 (SPY) wavered after the close of regular trading.

Stocks struggle in late hours as McDonald’s slumps

Gold prices jumped to record high and the dollar was on the rise again on Wednesday, keeping the pressure on the yen and the euro, while stocks in Asia stuttered as investors were reluctant to place major bets ahead of a hotly contested US election.

Stocks stumble, dollar and gold rise as traders weigh US rates, election

In April, sovereign fund Khazanah Nasional Bhd announced RM1 billion in ‘national fund-of-funds’ initiatives at the KL20 Summit to support local venture capital funds and attract international managers. With the increased interest from both domestic and foreign investors in Malaysia’s start-up ecosystem, a crucial question arises: Are there enough investment- or IPO-ready private companies in the country?

Are Malaysian private companies investment-ready?

Chinese President Xi Jinping told Russia's Vladimir Putin that the international situation was gripped by chaos but that Beijing's strategic partnership with Moscow was a force for stability amid the most significant changes seen in a century.

Xi tells Putin the world is in chaos but friendship with Russia will endure

HSBC Holdings plc’s new chief executive officer just unveiled the biggest overhaul of the company in at least a decade, but it was missing some key details for employees and investors.

HSBC revamp by new CEO Elhedery stumps staffers, investors alike

&nbsp;Top financial regulators around the globe are voicing concern about private credit valuations, whether lenders are hiding troubled loans, and the deep entanglement between private markets and insurance money.&nbsp;

“Valuation risks are where we see a core issue,” Andrew Dean, the co-chief of the Division of Enforcement Asset Management at the US Securities and Exchange Commission, said.

Top regulators call out valuation risks in private credit

The International Monetary Fund (IMF) said the US election is creating “high uncertainty” for markets and policymakers, given the sharply divergent trade priorities of the candidates.

US election creates ‘high uncertainty’ for fragile markets, IMF says

A total of 7,400 companies have adopted the e-invoice system, with 58 million e-invoices issued as of Oct 14, according to the Ministry of Finance (MOF).

This reflects the positive reception among companies in complying with the implementation of e-invoicing, the ministry said.

7,400 companies using e-invoice system, 58 mil e-invoices issued as at Oct 14 — MOF

Japan’s 40-year government bond yield climbed to its highest level in 16 years amid growing speculation that the nation’s central bank will push ahead with interest rate increases in coming months.

Japan’s 40-year yield rises to highest since 2008 on BOJ outlook

Three companies had met all the requirements to participate in the online bidding on June 16, 2024 for a pilot project to supply renewable energy (RE) across borders to Singapore via Energy Exchange Malaysia (ENEGEM).

The Ministry of Energy Transition and Water Transformation (PETRA) said that two Singaporean companies were successful in their bid to secure 100 megawatts (MW) of green electricity, with cross-border supply agreements currently being finalised.

Tokyo Metro Co’s stock soared 36% in its trading debut on Wednesday after the initial public offering (IPO) drew strong demand from investors.

Tokyo Metro shares soar 36% on trading debut after strong IPO

Arm Holdings plc is cancelling a licence that allowed longtime partner Qualcomm Inc to use Arm intellectual property to design chips, escalating a legal dispute over vital smartphone technology.

Arm to cancel Qualcomm chip design licence in escalation of feud

The institutional reform agenda, the construction of a new nuclear reactor and the misappropriation of subsidised diesel in the country will be among the matters discussed in the Dewan Rakyat on Wednesday.

Institutional reform agenda among highlights of Parliament on Wednesday

One person died and dozens fell ill from E coli infections linked to McDonald's Quarter Pounder hamburgers in 10 states, led by Colorado, where 26 people were sickened, the US Centers for Disease Control said on Tuesday.

E coli outbreak tied to McDonald's Quarter Pounder kills one, sickens dozens in US

The chief executive officer (CEO) of GISB Holdings Sdn Bhd (GISBH) and his wife are among 22 individuals who will be charged in the Selayang Sessions Court on Wednesday.

According to Inspector-General of Police Tan Sri Razarudin Husain, all of them will be charged under Section 130V (1) of the Penal Code for being members of an organised crime group.

Top GISBH leader, wife among 22 individuals to be charged on Wednesday

Bankrupt Tupperware Brands agreed on Tuesday to sell its business to a group of lenders for US$23.5 million (RM101.99 million) in cash and over US$63 million in debt relief, cancelling its plans for an open-market auction of its assets.

The last time US government bonds sold off this much as the Federal Reserve started cutting interest rates, Alan Greenspan was orchestrating a rare soft landing.

Donald Trump touted his pledge to provide tax breaks for purchasing cars, highlighting that the benefit would only apply to vehicles made in the US as he rallied voters in a crucial swing state with just two weeks until Election Day.

Trump excludes Asian, European cars from vehicle tax-break plan

Bank of America Corp chief executive officer Brian Moynihan has urged Federal Reserve (Fed) policymakers to be measured in the magnitude of interest rate reductions.

Bank of America CEO urges Fed to not go too hard on rates

US billionaire entrepreneur Elon Musk warned of the risk of the United States going bankrupt if government spending is not cut, reported Sputnik, reported by Bernama-Sputnik.

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