News List

Hong Leong Bank allocates RM500 mln to fund renewable energy

KUALA LUMPUR, Oct 16  -- Hong Leong Bank has committed RM500 million in financing for renewable energy (RE) for the next four years to support the government’s goal to increase the share of RE to 20 per cent of the country’s power mix by 2025.

Malaysia to work diplomatically with India on palm oil issue - Dr Mahathir

KUALA LUMPUR, Oct 16  -- Prime Minister Tun Dr Mahathir Mohamad said the government will have to work diplomatically if India decides to restrict the imports of Malaysian palm oil.

Green Transport The Way Forward

By Kurniawati Kamarudin

This article is in conjunction with the launch of the National Transport Policy tomorrow (Oct 17).

KUALA LUMPUR (Bernama) -- The yearly hike in the number of vehicles clogging up city roads has resulted in a pressing need for the adoption of more green transport initiatives in Malaysia.

Currently, about 90 percent of vehicles in Malaysia are fossil-fuelled and land transport is known to be among the biggest contributors to greenhouse gas emissions in the atmosphere.

This situation warrants more aggressive mobilisation of measures to facilitate the transition from fossil fuels to green energy such as biofuels and energy harnessed from renewable sources such as solar, hydro and wind, said Universiti Kebangsaan Malaysia senior lecturer in electrical and electronic engineering Associate Prof Dr Sawal Hamid Md Ali.

Govt's lead in EPC implementation will boost private sector's confidence

The implementation of energy performance contracts (EPCs) by the government is expected to boost private sector building owners’ confidence to adopt the EPC model, says Cenergi SEA Sdn Bhd, a wholly-owned renewable energy (RE) company of Khazanah Nasional Bhd.

Green Pit Stop initiatives help conserve environment via IoT

KUALA LUMPUR, Oct 15  -- NY Design (M) Sdn Bhd, an incubatee of Technology Park Malaysia is encouraging environment conservation with go-green initiatives via its flagship brand, Green Pit Stop (GPS).

Govt to announce outcome of study on M40 petrol subsidy mechanism in 2020

KUALA LUMPUR, Oct 15 -- The government will announce the outcome of a study on the petrol subsidy mechanism for the middle income group (M40) next year, said Finance Minister Lim Guan Eng, here today.

RM27 mln allocation to intensify 'Love My Palm Oil' campaign - Kok

PORT KLANG, Oct 15 -- The Ministry of Primary Industries will capitalise on the RM27 million allocation proposed in the 2020 Budget to intensify the 'Love My Palm Oil' campaign to address the negative perception of the country’s oil palm industry.

Indian palm oil importers say speculation bad for trade

Exclusive report by Shakir Husain

NEW DELHI, Oct 15  -- India's leading vegetable oil importers have described media speculation that the government may restrict imports of Malaysian palm oil as bad for trade and sought a clear official stand on the matter.

Targeted petrol subsidy expected to benefit five million from M40 group

KUALA LUMPUR, Oct 15 -- Some five million people from the M40 (middle income) group are also expected to benefit from the targeted petrol subsidy scheme (PSP).

E-bidding exercise saw savings in RE fund - SEDA

PUTRAJAYA, Oct 15  -- Sustainable Energy Development Authority Malaysia (SEDA) made significant savings for renewable energy (RE) fund when it introduced e-bidding exercise last year.