B.Grimm Power to Invest Over USD 1 Billion in Malaysia’s Renewable Energy and Power Sectors
Singapore’s B.Grimm Power, a Thai energy firm, is set to invest over MYR 4.3 billion (around USD 1.02 billion) in Malaysia’s renewable energy (RE) and power sectors over the next several years, in a move that signals a significant expansion beyond its existing...
Malaysia commits more than USD 240 billion in investments to ease trade imbalance with the US
Malaysia has agreed to purchase and invest over USD 240 billion with the United States to help narrow the trade deficit and secure a reduction in US reciprocal tariffs, from 25% to 19% on Malaysian exports, following a series of high-level negotiations. According to...
Malaysia to Modernize Defense with Turkish UAVs by 2026
Malaysia is set to modernize its defense capabilities by integrating drone technology, with the Royal Malaysian Air Force (RMAF) expected to receive its first batch of unmanned aerial vehicles (UAVs) from Turkish Aerospace Industries (TAI) starting in 2026. This...