US keen to enhance offshore gas, aerospace collaboration with Sarawak, says ambassador

KUCHING: The United States (US) is keen to strengthen cooperation with Sarawak, particularly in the offshore gas and aerospace sectors. US Ambassador to Malaysia Edgard D. Kagan said that Sarawak has huge potential and expertise in both sectors and is making great strides in the renewable energy sector. He said these were among the topics he discussed...

Climate finance key to sustainable future, says DPM Fadillah

KUALA LUMPUR: Climate finance is crucial for meeting ambitious targets and fostering positive change, thereby ensuring a more sustainable and equitable future, says Datuk Seri Fadillah Yusof. The Deputy Prime Minister, who also serves as Energy Transition and Water Transformation Minister, said Malaysia welcomes international partnerships and investments supporting the country's energy transition and broader climate...

Sabah has lots to offer Japanese investors in green energy and chipmaking, says minister

KOTA KINABALU: Japanese investors have been invited to explore potential stakes in Sabah's renewable energy sector and semiconductor industry. State Industrial Development and Entrepreneurship Minister Datuk Phoong Jin Zhe said Sabah could offer them a conducive environment. “We have been working closely with the Japanese Ambassador to Malaysia, His Excellency Takahashi Katsuhiko, and Japanese trade associations, including...

Saudi-based ACWA Power keen on investing over RM47bil in Malaysia

RIYADH: Saudi Arabia-based renewable energy giant ACWA Power has expressed interest to invest more than US$10bil (RM47.6bil) in Malaysia over a 10-year period in collaboration with Cypark Resources Bhd. This was conveyed by ACWA Power chairman Mohammad A. Abunayyan when he paid a courtesy call on Prime Minister Datuk Seri Anwar Ibrahim on the sidelines of...

Iceland prime minister pledges renewable energy shift from Bitcoin mining to agriculture

Iceland Prime Minister Katrín Jakobsdóttir unveiled plans to pivot the country’s renewable energy efforts from crypto mining to agricultural development. In an interview with the Financial Times, Prime Minister Jakobsdóttir outlined her vision, emphasizing the importance of enhancing food independence and establishing a broader grid for renewable energy distribution across households and industries. The country is known for producing...

PM’s UAE visit brings in over RM40bil of investments

ABU DHABI: Prime Minister Datuk Seri Anwar Ibrahim's working visit to the United Arab Emirates (UAE) on Thursday and Friday (Oct 5 and 6) only lasted about 36 hours, but that short period led to great benefits for the country, especially in terms of foreign investment. Anwar’s packed schedule started on Thursday with a meeting with...

S’wak considering replanting degraded forest, says Premier

SIBU: Sarawak is considering replanting its degraded forest with fast-growing tree species that can be used to produce renewable energy through biomass pellets. "We can replant our degraded forest areas with new fast-growing species; that will become feedstock to produce pellets for us to produce power as an additional source for our grid," said Sarawak Premier...

RM30 mil allocation for TVET Programme at Centexs, says Ahmad Zahid

KUCHING: The government has approved an RM30 mil allocation for the development of the Technical and Vocational Education and Training (TVET) programme to the Centre Of Technical Excellence Sarawak (Centexs) Commercial, said the Datuk Seri Dr Ahmad Zahid Hamidi (pic). The Deputy Prime Minister said the fund was for a long-term collaboration between TVET and CENTEXS to...