Malaysia

SC Malaysia to introduce streamlined transfer of listing to encourage more exit options

The SC, together with Bursa Malaysia is working to improve efficiency in the public markets to facilitate a start-up’s IPO, with measures such as expediting the IPO process and reducing time-to-market for companies seeking to list on its stock exchange.

Malaysia’s TNB unveils vision for sustainable energy future and collaboration

Malaysia's utility firm Tenaga Nasional Berhad (TNB) said Wednesday that it has solidified its pledge to spearhead Malaysia's energy transition by championing transformative renewable energy projects.

Malaysia launches Sustainable Energy Development prospectus paper to advance energy transition

Malaysia has launched the Sustainable Energy Development prospectus in an effort to showcase Malaysia’s strategic intent in “Advancing Just Energy Transition” at the 28th Conference of the Parties to the UNFCC (COP28) at Dubai Expo City, emphasizing its commitment to climate action on a global stage.

Bursa Carbon Exchange inks deals with Sarawak Energy, Hydropower Sustainability Alliance, I-REC for renewable energy certificates

Bursa Carbon Exchange (BCX), a wholly-owned subsidiary of Bursa Malaysia Berhad, has on Monday signed a Memorandum of Collaboration (MOC) with Sarawak Energy Berhad, Hydropower Sustainability Alliance and the I-REC Standard Foundation (I-REC) for future offering of renewable energy certificates.

OCBC partners fintech firm MOBY to provide more payment collection options for micro merchants

OCBC Bank (Malaysia) Berhad (OCBC Bank) is collaborating with Malaysian fintech firm MOBY Group (MOBY) to enable small and micro merchants with pop up stores or kiosks to widen their payment collections beyond QR pay and cash.

Bursa Carbon Exchange inks deal with Gold Standard to grow Malaysia’s voluntary carbon market

Bursa Carbon Exchange (BCX), a wholly-owned subsidiary of Bursa Malaysia Berhad, and Gold Standard, a leading impact standards, have on Monday signed a memorandum of understanding (MOU) with the aim to further develop and grow the voluntary carbon market landscape in Malaysia.

Malaysian Stock Exchange to launch platform for mandatory ESG reporting

Bursa Malaysia Securities Berhad (Bursa Malaysia) is set to unveil the Bursa Malaysia ESG Reporting Platform on Monday. This platform will act as a repository for disclosures conforming to the prescribed format mandated under Bursa Malaysia’s enhanced sustainability reporting requirements within the main market listing requirements and ACE market listing…

Malaysia Science Ministry to present full framework for AI code of ethics in 1Q 2024 – report

Minister Chang Lih Kang said the presentation aimed at detailing the guidelines and regulations that stakeholders in all sectors need to adhere to.

Malaysian Central Bank, World Bank announce initiatives to enable financial sector to support nature-positive outcomes

Bank Negara Malaysia (BNM) and the World Bank have announced two key initiatives to enable the financial sector to support nature-positive outcomes. The two initiatives are financial risks assessment guide for Malaysian financial institutions and businesses to assess nature-related risks and impacts; as well as private capital mobilization for nature-based…

Malaysian agritech startup Qarbotech lands $700,000 seed funding

Qarbotech, a Malaysia-based agritech startup, announced Monday that it has raised $700,000 in seed funding and grants. The round was led by multi-stage venture capital firm, 500 Global, and includes innovation grants from the Temasek Foundation for winning the Climate Impact Innovations Challenge 2023, and Khazanah Nasional’s Dana Impak for winning the…