Malaysia

Analysts view the Malaysian government's move to set up an energy exchange platform to facilitate cross-border trading of renewable energy positively as it will boost the country's renewable energy industry.

In line with Malaysia’s energy transition aspiration and commitment to support regional power integration via the ASEAN Power Grid Initiative, the government of Malaysia has agreed to establish Energy Exchange Malaysia (ENEGEM) for cross-border green electricity sales to neighboring countries.

Teleport, a Malaysia-based integrated logistics solutions provider, announced Monday that it will be managing the exclusive commercial rights of Vietjet Air Cargo’s New Delhi – Ho Chi Minh City belly space.

Malaysia-based Bandar Utama City Centre Sdn Bhd (BUCCSB), the operator of 1 Utama Shopping Centre (1 Utama), has appointed Solarvest Energy Sdn Bhd, a wholly-owned subsidiary of clean energy expert Solarvest Holdings Berhad (Solarvest), to install Malaysia’s largest on-site solar photovoltaic (PV) panels and building-integrated photovoltaic (BIPV) panels…

Analysts have foreseen growth potential of electric vehicles in Malaysia, underpinned by new models launching and regulatory push. However, the opined that the MYR 100,000 ($20.965) pricing floor currently imposed on completely built units CBU EVs, remained a hurdle for EVs adoptions.

The Ministry of Science, Technology and Innovation (MOSTI) of Malaysia will be launching the Single Window Initiative to strengthen the country’s startup ecosystem by streamlining processes and consolidating resources under one platform.

Electric vehicle (EV) charging operators Charge+ from Singapore and ChargeSini (Chargehere EV Solution Sdn Bhd) from Malaysia have signed a roaming collaboration agreement that grants EV drivers from both parties access to each other’s charging networks.

Proton New Energy Technology Sdn Bhd (PRO-NET), a wholly owned subsidiary of Perusahaan Otomobil Nasional Sdn Bhd, announced Thursday it has obtained MYR 200 million ($42.19 million) in financing from CIMB Bank Berhad (CIMB) for the funding of its green mobility initiative and the import and distribution of the smart #1 premium electric vehicles (EV) in…

Shopee, the Singapore-based e-commerce platform, is doubling down on operational and logistics investments in Malaysia as it maintains its #1 marketplace position by average monthly active users and total time spent in-app.

Jaya Grocer, a Malaysia-based mass-premium supermarket chain, has partnered with earned wage access (EWA) provider Paywatch, to enable real-time access to salaries for Jaya Grocer employees.