Today's top Malaysian news, sport and lifestyle.
Sabah's RM450.5 million Tawau Water Supply Scheme Phase III project is advancing on schedule to resolve chronic water shortages in the district by end-2027, with construction of the Tawau Dam 74% complete.
Melaka has committed RM1 million to urgently repair water pipelines at Terendak Camp, one of Malaysia's oldest military installations. The funds will support pipeline rehabilitation and emergency storage solutions ahead of a larger RM40 million reticulation project expected to conclude in 2028.
Pengurusan Aset Air Bhd has tapped Islamic capital markets with a RM720 million blue sukuk offering through its special purpose vehicle, leveraging an existing RM2 billion Islamic Commercial Papers Programme framework.
Air Selangor has successfully launched the world's first blue sukuk, a RM200 million Islamic bond designed to fund sustainable water infrastructure projects, positioning Malaysia as a regional leader in green finance innovation.
The Malaysian government has greenlit a RM1.7 billion initiative to replace 1,800 kilometres of deteriorating water infrastructure, prioritising asbestos-cement pipes exceeding their operational lifespan to combat water loss.
Tenaga Nasional Bhd and Air Selangor have signed dual agreements to bolster Malaysia's water and energy infrastructure, with TNB supplying power to Southeast Asia's largest water treatment plant serving 9.62 million consumers.
Bank Rakyat is channelling RM167 million towards the Sungai Kerian Water Treatment Plant in Seberang Perai, marking a significant infrastructure investment through an innovative Build-Operate-Transfer arrangement that will serve over 223,000 consumers.