On 10 November, U.S. engineering giant GE organized its Energy Forum 2022 ‘Future of Energy in Malaysia’ in collaboration with TNB ILSAS and AMCHAM. GE has been a supportive partner with AMCHAM in various programs over the years. GE Power Regional CEO Yew Wei Nan’s succinct summary synthesized the opportunities and challenges for energy players in Malaysia.

Advanced Semiconductor Engineering, Inc. held a groundbreaking ceremony today for the construction of a new semiconductor assembly and testing facility in Penang, Malaysia. The new facility at ASE Malaysia (ASEM) will comprise 2 buildings (Plants 4 and 5) with a built-up area of 982,000 square feet, located in the Bayan Lepas Free Industrial Zone.

FedEx Express (FedEx) is bolstering support for cross-border trade and e-commerce growth in Korea with the launch of its new FedEx Incheon Gateway located at Incheon International Airport, South Korea.

The new facility offers enhanced capabilities that will benefit local businesses looking to access international markets and support the growing demand for e-commerce and cold-chain shipments.

More than 40% of corporate decision-makers see an urgent need to overhaul their supply chains in 2023, with inflation, higher interest rates and weaker global trade acting as some of the stiffest economic headwinds, a new survey showed.

Just 11% of respondents in the HSBC Holdings plc survey said transforming their supply chain isn’t a priority next year, but 42% plan to do so, and almost 47% see it as a priority at some stages in the future.

On the 29th of August 2022, the Prime Minister of Malaysia announced that Malaysia is expected to bolster its current arsenal of solar energy programmes by introducing the concept of Virtual Power Purchase Agreement (“VPPA”). This is a new procurement option of green electricity supply with a quota of 600MW.

This article explores the concept of VPPA generally practiced around the globe and the potential benefits which come with its introduction in Malaysia.

At the time of COP26, McKinsey released a perspective on the requirements needed to secure a net-zero carbon emission transition. It was clear that the path would not be linear and would include slowdowns and backstepping.

Amid turbulence on the path to net zero, leaders will have to be much nimbler to balance resilience with an energy future that is secure, affordable, and clean. This article lists five actions that can help.