Malaysia's green electricity tariff premium rates cut by up to 80pc beginning July 1
The premium rates that were previously set based on user categories will now be combined into a single tier of pricing, the Energy Transition and Water Transformation Ministry said in a statement today. — Reuters
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Malay Mail
41 minutes ago
- Malay Mail
GreenTeams Secures Series A Led by Oriza Greenwillow Technology Fund
Launches Extended Round to Accelerate Climate Tech Innovation Across Indonesia Scale nationwide deployment of monitoring systems across energy, manufacturing, and urban sectors. Advance AI-powered predictive tools for environmental forecasting and emissions analytics. Expand environmental data platform integrations to serve regulatory, industrial, and ESG markets Build capacity for regional expansion beyond Indonesia. SINGAPORE - Media OutReach Newswire - 3 July 2025 - GreenTeams, a rapidly growing climate technology company advancing data-driven environmental governance in Indonesia, has announced the successful close of its Series A funding round. The round was led by Oriza Greenwillow Technology at the intersection of environmental intelligence, regulatory compliance, and industrial decarbonization, GreenTeams empowers measurable climate action through its real-time emissions and air quality monitoring technologies. This funding milestone underscores investor confidence in GreenTeams' pivotal role in supporting Indonesia's Net Zero 2060 overwhelming interests from the investment community, the company is launching an extended round of funding, to onboard strategic partners to help to scale product innovation, AI-powered monitoring platforms, and regional expansion.,' added Wilson B. Sutarko, CEO of its inception, GreenTeams has evolved into a full-stack climate tech provider with deployments across more than 30 Indonesian provinces. Its flagship offerings — Continuous Emission Monitoring Systems (CEMS) and Air Quality Monitoring Systems (AQMS) — enable real-time data capture, emissions tracking, and regulatory reporting in key industrial 2024, the company recorded 98% revenue growth year-on-year, driven by increasing regulatory enforcement, national decarbonization targets, and industry demand for ESG-aligned practices. GreenTeams also operates the first calibration laboratory in Indonesia to be accredited by KAN (SNI ISO/IEC 17025) for gas and air instruments, and has obtained ISO 9001 certification for quality management.,' said CK Tan, Managing Partner of Oriza Greenwillow Technology Fund. ''.With this capital, GreenTeams plans to:Hashtag: #GreenTeams The issuer is solely responsible for the content of this announcement. GreenTeams GreenTeams Nusantara Pte Ltd, through its subsidiary PT. Trusur Unggul Teknusa is Indonesia's leading green climate tech company, driving scalable environmental impact through real-time monitoring technologies, data platforms, and certified infrastructure. With a presence across 30+ provinces and a decade-long track record, GreenTeams enables measurable progress toward Net Zero goals through patented solutions, regulatory-grade instrumentation, and Indonesia's first KAN-accredited calibration lab for air and gas. Learn more: Oriza Greenwillow Technology Fund The Oriza Greenwillow Technology Fund is a venture capital fund set up jointly by Greenwillow Capital Management Pte Ltd, an MAS-licensed fund management company based in Singapore, and Oriza Holdings, an investment firm from China with assets under management exceeding RMB120 billion. The Fund invests in early-stage technology start-ups in Singapore and the fast-growing markets of Southeast Asia, with a primary focus on the smart cities and health-tech sectors. For more information, please visit
Malay Mail
an hour ago
- Malay Mail
Two Malaysian bars in Asia's 50 Best Bars 2025 extended 51-100 list: Backdoor Bodega ranks No. 64, Coley No. 92
KUALA LUMPUR, July 3 — Two Malaysian bars have been included in the 2025 edition of Asia's 50 Best Bars' extended 51-100 list: Coley in Kuala Lumpur comes in at No. 92, continuing its streak of being named on the list every year since debuting at No. 46 in 2018, while Backdoor Bodega in Penang returns at No. 64, after first making the list at No. 97 in 2022. A veteran of both the list and Malaysia's cocktail bar scene, Coley recently marked its 9th anniversary with a month-long celebration featuring numerous guest shifts. Founded by CK Kho, the bar is named in tribute to Ada 'Coley' Coleman, the Savoy's iconic inventor of the hanky panky, a classic cocktail made with gin, sweet vermouth and Fernet-Branca. In addition to riffs on classic cocktails, the small neighbourhood bar has become a Bangsar staple for its contemporary Malaysian creations and playful food programme. It gained wider renown after being named the best bar in Malaysia when it was ranked No. 27 on the 2019 list. The team at Backdoor Bodega. — Picture via Facebook/Backdoor Bodega Backdoor Bodega, located in the heart of George Town, Penang, is one of the original pioneers in the city's burgeoning cocktail scene, having been around since 2016. Fashioning itself as 'an overpriced pin shop', guests purchase lapel pins at the bar to 'redeem' cocktails. The 1–50 list for Asia's 50 Best Bars 2025 will be announced on July 15, 'live' from the Wynn Palace in Macau.
The Star
2 hours ago
- The Star
Trump to host five African leaders next week to discuss 'commercial opportunities'
FILE PHOTO: U.S. President Donald Trump arrives at the airport after touring a temporary migrant detention center informally known as "Alligator Alcatraz" in Ochopee, Florida, at Joint Base Andrews, Maryland, U.S., July 1, 2025. REUTERS/Evelyn Hockstein/File Photo WASHINGTON (Reuters) -U.S. President Donald Trump will host leaders from five African nations in Washington next week to discuss "commercial opportunities," a White House official said on Wednesday. Trump will host leaders from Gabon, Guinea-Bissau, Liberia, Mauritania and Senegal for a discussion and lunch at the White House on July 9, the official said. "President Trump believes that African countries offer incredible commercial opportunities which benefit both the American people and our African partners," the official said, referring to the reasons why the meeting was arranged. Africa Intelligence and Semafor reported earlier that the Trump administration would hold a summit for the five countries in Washington from July 9-11. The Trump administration has axed swaths of U.S. foreign aid for Africa as part of a plan to curb spending it considers wasteful and not aligned with Trump's "America First" policies. It says it wants to focus on trade and investment and to drive mutual prosperity. On Tuesday, U.S. Secretary of State Marco Rubio said the U.S. was abandoning what he called a charity-based foreign aid model and will favor those nations that demonstrate "both the ability and willingness to help themselves." U.S. envoys in Africa will be rated on commercial deals struck, African Affairs senior bureau official Troy Fitrel said in May, describing it as the new strategy for support on the continent. (Reporting by Jeff Mason in Washington and Chandni Shah in Bengaluru; Editing by Chris Reese and Jamie Freed)
