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• 63 percent of industrial leaders in Malaysia have already invested in energy efficiency and a further 33 percent plan to within 12 months – yet results remain fragmented and uneven

• Energy consumes 25 percent of operating costs in Malaysia, and 61 percent say rising costs threaten profitability – but barriers have shifted since 2022, from cost to data, skills and organizational silos

• Digital readiness in Malaysia reaches 84 percent, and 85 percent agree total cost of ownership should guide investment in energy efficiency – however, only 42 percent consistently apply this approach

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 16 March 2026 – Energy efficiency has become a board‑level margin and risk issue, but many industrial organizations in Malaysia are struggling to turn intent into sustained results, according to a new report from ABB.

Based on a survey of 2,700 senior decision‑makers across 15 countries and 15 industries, the study, developed in partnership with Sapio Research, finds that 63 percent of respondents in Malaysia have already invested in energy efficiency and a further 33 percent plan to within the next 12 months. Yet, progress is increasingly constrained by execution gaps.

Energy accounts for 25 percent of operating costs on average in Malaysia, and 61 percent of companies say rising energy costs continue to threaten profitability. For executives, the challenge has shifted from reacting to price spikes to managing persistent price volatility and structural exposure.

Compared to the global average, Malaysia shows an average energy cost burden (25% vs 25% globally), above-average profitability threat perception (61% vs 59% globally), and the highest level globally of digital readiness (84% vs 67% globally).

“Energy efficiency has become a foundation for business continuity, compliance, and long-term value creation. It’s a condition for market access,” explains S Kanavati, Vice President, Motion Services, ABB Malaysia Sdn Bhd. “Today, leaders care about optimizing energy use. What they struggle with is deployment, at scale, and over time.”

Execution, not intent, is now the differentiator

The study shows that digital readiness in Malaysia has reached 84 percent, with respondents already using or ready to deploy digital energy‑management tools. However, readiness alone does not guarantee results. Only 42 percent of Malaysia companies consistently apply total cost of ownership (TCO) when making investment decisions – despite 85 percent agreeing it should guide purchasing.

At the same time, responsibility for energy efficiency remains fragmented across executive management, operations, sustainability, maintenance and finance, with no single function clearly accountable.

“The barriers to energy efficiency have fundamentally changed,” adds Pearl Ong, Regional Service Manager, Asia, Motion Services, ABB Malaysia Sdn Bhd. ” Cost is no longer the main blocker for many organizations globally – it has fallen from 50 percent to 43 percent since 2022. What’s holding companies back now are organizational silos, skills gaps and a lack of usable data. That’s a critical inflection point. It tells us the challenge is helping businesses turn intent into repeatable execution.”

In Malaysia, the most significant barriers to energy efficiency are the costs (54%), the potential for downtime and disruption (44%), and a lack of specialist resource (36%).

Renewables alone are not enough

The research also points to a growing risk of ‘post‑renewables complacency’. Among organizations in Malaysia that have switched to renewable energy sources (43% of respondents), 37 percent report a reduced focus on energy efficiency.

While renewables lower the carbon intensity of energy, they do not reduce the volume consumed – meaning significant efficiency gains remain untapped, even for companies that have already secured green power. As a result, opportunities to strengthen resilience, control long‑term costs and reduce exposure to volatility are being left on the table.

When asked about their primary reasons for investing in energy efficiency, respondents in Malaysia said reducing energy costs (63%), complying with regulations (53%), and improving their resilience and competitiveness (49%).

The next phase of the industrial energy transition will be defined by delivery capability. While activity levels are high across businesses in Malaysia and globally, efforts remain shallow, lacking coordination and long‑term structure.

“To close the execution gap, ABB combines diagnostics with targeted modernization of motor‑driven systems, software‑based optimization tools, outcome‑based financing and lifecycle services,” concludes Pearl Ong. “End-to-end energy intelligence is another way we help industries outrun, leaner and cleaner – turning isolated initiatives into sustained performance gains.”

For the full report, visit this page.

Hashtag: #ABB

The issuer is solely responsible for the content of this announcement.

About ABB

ABB is a global technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. By connecting its engineering and digitalization expertise, ABB helps industries run at high performance, while becoming more efficient, productive and sustainable so they outperform. At ABB, we call this ‘Engineered to Outrun’. The company has over 140 years of history and around 110,000 employees worldwide. ABB’s shares are listed on the SIX Swiss Exchange (ABBN) and Nasdaq Stockholm (ABB). www.abb.com

ABB Motion, a global leader in motors and drives, is at the core of accelerating a more productive and sustainable future. We innovate and push the boundaries of technology to contribute to energy efficient, decarbonizing and circular solutions for customers, industries and societies. With our digitally enabled drives, motors and services we support our customers and partners to achieve better performance, safety and reliability. To help the world’s industries outrun – leaner and cleaner, we deliver motor-driven solutions for a wide range of applications in all industrial segments. Building on over 140 years of domain expertise in electric powertrains, our more than 23,000 employees across 100 countries learn and improve every day. go.abb/motion

Central Board of Secondary Education has cancelled all Class 12 board examinations scheduled between March 16 and April 10 across several Middle Eastern countries, citing security concerns linked to the widening conflict involving Iran and regional powers.

The decision affects CBSE-affiliated schools in Bahrain, Iran, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates, where thousands of expatriate students were preparing for the final phase of the 2026 board examination cycle. The board said all remaining and previously postponed examinations for Class 12 in these locations stand cancelled and that an alternative evaluation method for students will be announced separately.

Officials indicated that safety considerations were the primary factor behind the move as tensions and military activity across parts of West Asia disrupted normal operations, including international travel and school schedules. Schools across the region had already reported logistical difficulties, uncertainty among students and disruptions to classroom teaching as governments issued security advisories and airlines altered flight routes.

The cancellation marks the culmination of a series of escalating measures by the board over the past weeks. Earlier in March, several examinations scheduled for overseas centres in the region were first postponed following a review of the geopolitical situation. Papers scheduled between March 9 and March 11 were delayed, with authorities saying conditions would be reassessed before deciding whether to continue with the examination calendar.

Subsequent circulars extended the postponement to additional dates as regional uncertainty deepened, affecting exam centres that serve large expatriate student communities in Gulf states. The board had already cancelled Class 10 examinations in the region earlier in the month, indicating that authorities were increasingly concerned about the ability of schools to conduct secure and orderly examinations during the conflict.

CBSE-affiliated institutions in the Gulf represent a significant segment of the overseas education network linked to the board’s curriculum. More than 150 schools operate across West Asia under CBSE affiliation, serving children of expatriate professionals working in sectors ranging from construction and healthcare to technology and finance. These schools follow the same academic calendar and examination framework as institutions in India, with board examinations playing a decisive role in university admissions.

Students and parents across the region had been closely monitoring official notifications as the situation evolved. The postponements earlier triggered confusion among candidates preparing for key subjects, particularly because board examinations typically determine eligibility for higher education programmes both in India and internationally.

Education administrators say the uncertainty surrounding examinations has added pressure on students who had spent months preparing for the crucial assessments. Community organisations representing expatriate families in Gulf countries had appealed to authorities for a decision that would prioritise student welfare and minimise academic disruption.

School leaders in the United Arab Emirates and Saudi Arabia described the board’s decision as a difficult but necessary step given the circumstances. Administrators had warned that maintaining examination schedules amid heightened security concerns could expose students, invigilators and school staff to unnecessary risks, especially in locations where travel advisories or temporary airspace restrictions complicated logistics.

Education experts note that examination cancellations in overseas centres remain rare, reflecting the exceptional circumstances affecting the region. Board examinations are normally conducted simultaneously across India and international centres to maintain standardised assessment procedures.

Authorities are now expected to announce a mechanism for evaluating the performance of affected students. Education analysts say possible options could include internal assessment scores, practical examination results or a formula combining school-based evaluations with earlier academic performance. Similar methods have been used during extraordinary disruptions in the past to ensure students are not disadvantaged in university admissions.

Universities and higher-education institutions that admit CBSE students are also monitoring developments closely. Admission timelines in many countries coincide with the board examination season, making timely declaration of results critical for students applying to degree programmes abroad.

Parents and teachers say clarity on the evaluation process will be essential in the coming days. Many schools have begun counselling sessions and online support programmes to help students manage anxiety and remain focused on academic planning despite the upheaval.

Rising oil prices linked to the war involving Iran are creating fresh economic strain for Indonesia just as millions prepare for the annual Eid al-Fitr travel surge, placing President Prabowo Subianto’s administration under mounting pressure to shield consumers from higher fuel costs.

Energy markets have been rattled by escalating conflict across the Persian Gulf, where attacks on shipping routes and oil infrastructure have disrupted global crude supplies. A large share of the world’s petroleum exports passes through the Strait of Hormuz, a narrow maritime corridor connecting Gulf producers with international markets. Disruption to tanker traffic through this chokepoint has pushed benchmark crude prices sharply higher, triggering fuel price increases across Asia and raising fears of supply shortages in import-dependent economies.

Indonesia faces particular vulnerability because it relies heavily on imported energy. Around a quarter of its crude oil and roughly a third of liquefied petroleum gas supplies originate in the Middle East. Shipping disruptions in the Gulf have already complicated trade flows, with tanker movements slowed by security risks and insurance costs rising for vessels operating in the region. Market volatility has driven crude prices beyond the psychological threshold of $100 per barrel, fuelling concern that further escalation could drive them even higher.

The timing of the price shock has heightened the challenge for Jakarta. Eid al-Fitr, marking the end of Ramadan, triggers one of the largest annual travel movements in the country as families journey from major cities to hometowns across the archipelago. State energy company Pertamina anticipates gasoline demand during the holiday period to climb by more than 10 per cent, intensifying pressure on supply chains already strained by global market turbulence.

Authorities have attempted to reassure the public that domestic fuel supplies remain sufficient. Officials say government stockpiles and logistics networks can support the expected surge in consumption during the festive season. At the same time, policymakers have signalled that subsidised fuel prices will remain unchanged until the Eid holidays conclude, a move designed to prevent abrupt increases in transport costs during the peak travel period.

Holding prices steady carries significant fiscal implications. Indonesia already devotes substantial resources to energy subsidies, allocating more than 380 trillion rupiah in the state budget to keep fuel and electricity costs manageable for households and businesses. Sustaining those subsidies while global oil prices rise could widen the fiscal deficit or force adjustments elsewhere in the budget.

Economists warn that prolonged turbulence in global oil markets may reverberate across the broader economy. Higher crude prices increase the cost of imports and can erode Indonesia’s trade balance, particularly because the country has transitioned from being an oil exporter to a net importer over the past two decades. Analysts estimate that each $10 increase in the price of oil could shave hundreds of millions of dollars from the country’s trade surplus while raising domestic inflationary pressures.

Currency markets have already reacted to the geopolitical shock. The rupiah has faced downward pressure amid investor concerns about rising energy import costs and potential fiscal strain from expanded subsidies. A weaker currency makes fuel imports more expensive, compounding the burden on state finances and increasing the risk that domestic prices may eventually need to adjust.

Officials are exploring alternative strategies to mitigate the impact. One approach involves diversifying crude imports away from the Middle East by securing additional shipments from suppliers such as the United States and other regions less affected by the conflict. Authorities are also considering longer-term measures including accelerated blending of biofuels and the expansion of renewable energy capacity to reduce dependence on imported oil.

Energy security has become a central concern for policymakers across Southeast Asia as the Gulf crisis unfolds. Countries throughout the region rely heavily on imported petroleum and have limited capacity to absorb sustained price shocks. Governments have begun introducing conservation measures, adjusting subsidies, and seeking alternative suppliers as they attempt to stabilise domestic markets.

Indonesia’s logistical challenges are magnified by its geography. The archipelago spans more than 17,000 islands, making fuel distribution complex even during stable market conditions. Sudden shifts in global prices can ripple quickly through domestic supply chains, affecting transportation costs, food prices, and broader consumer inflation.

Political pressures add another layer of complexity for the administration. Public sensitivity to fuel prices has historically been high, and previous attempts to reduce subsidies have sparked protests and social unrest. Managing the current crisis therefore requires balancing fiscal prudence with the need to maintain social stability and support economic growth.

Market analysts say the duration of the Middle East conflict will determine how severe the economic impact becomes. If disruptions to shipping lanes and energy infrastructure persist, global crude supplies could tighten further, pushing prices to levels that strain government budgets and household finances alike. A prolonged crisis could also prompt broader shifts in energy policy, encouraging faster investment in domestic energy resources and renewable alternatives.

Dubai-based technology firm Solstice Data has signed a memorandum of understanding with the Kerala government to invest ₹52,600 crore in a large-scale data infrastructure project at the KINFRA Industrial Park in Mattannur, marking one of the biggest technology investments proposed for the state’s digital economy. The agreement envisions the development of advanced artificial intelligence-driven high-performance computing data centres on approximately 100 acres of land in Kannur district, a move officials say could reshape the region’s industrial profile.

The MoU was exchanged in Thiruvananthapuram between Raj Babu Thulaseedharan, Solstice Data’s country head for India, and Santhosh Koshy Thomas, managing director of Kerala Industrial Infrastructure Development Corporation, commonly known as KINFRA. The signing ceremony took place in the presence of Industries Minister P Rajeev and Director of Industries P Vishnuraj, signalling strong administrative backing for the project.

Solstice Data, headquartered in Dubai, specialises in designing and operating high-performance computing facilities that support artificial intelligence applications, cloud services and large-scale data processing. The company has overseen more than sixty data-centre projects internationally, including facilities in North America. The planned Kerala campus is expected to incorporate similar advanced infrastructure, supporting large computing workloads used by artificial intelligence developers, research institutions and global technology companies.

Officials involved in the negotiations describe the proposed facility as a strategic attempt to position Kerala within the expanding global data-centre ecosystem. The investment is scheduled to be implemented over a five-to-seven-year period, with phased development of computing infrastructure and supporting utilities. Such projects typically require heavy investments in power systems, cooling technology, fibre-optic connectivity and advanced cybersecurity frameworks, all of which are considered essential to attract international technology firms that rely on reliable data-processing capacity.

Mattannur’s KINFRA Industrial Park was selected as the project site after infrastructure upgrades created additional industrial land within the complex. The park covers about 175 acres, with roughly 123 acres designated for industrial use after internal roads, power supply and other facilities were developed. Officials said the Solstice Data project will occupy the remaining 100 acres currently available for new enterprises within the park, effectively completing the industrial allocation of the site.

Kerala’s industry department has framed the project as part of a broader push to attract technology-driven investments beyond the state’s established IT corridors. While cities such as Kochi and Thiruvananthapuram host major software parks and technology campuses, northern districts have been seeking large industrial anchors to stimulate employment and infrastructure development. Officials believe a data-centre cluster could generate both direct and indirect jobs, ranging from engineering and maintenance roles to specialised positions in artificial intelligence research and cloud-computing operations.

Industries Minister P Rajeev said the planned facility is expected to open significant digital opportunities for the state’s technology ecosystem. According to government officials, the project will be developed in collaboration with local partners, potentially creating links with educational institutions, startups and software companies working in artificial intelligence and data analytics. The state has promoted digital innovation as a key pillar of its industrial strategy, aiming to expand sectors such as fintech, health-tech and data science.

Data-centre investments have gathered momentum globally as demand for computing power rises with the growth of artificial intelligence models, streaming services and cloud-based applications. Major technology companies have been building hyperscale facilities capable of handling vast quantities of data, often requiring reliable electricity supply and extensive fibre-optic connectivity. Industry analysts say regions that provide stable power networks, regulatory clarity and strong connectivity stand to attract significant investments from technology infrastructure firms.

Kerala has gradually positioned itself as a destination for knowledge-based industries through investments in IT parks, research institutions and digital-skills programmes. Earlier technology initiatives in the state have involved collaborations with global companies and overseas investors. Observers see the Solstice Data project as another example of cross-border partnerships shaping technology infrastructure, particularly with firms based in the Gulf that maintain commercial ties with southern states.

Local authorities in Kannur district view the project as a potential catalyst for broader economic activity around Mattannur, an area already connected by road networks and the nearby Kannur International Airport. Industrial planners say large technology campuses often stimulate the creation of ancillary industries including power equipment suppliers, cooling system manufacturers and digital-services firms.

Solstice Data’s decision to establish an artificial-intelligence-focused data-centre campus also reflects the intensifying competition among regions seeking to host digital infrastructure. Governments across Asia have introduced policies aimed at attracting such projects through land allocation, tax incentives and investments in high-capacity electricity grids.

By K Raveendran #Oil markets have entered a phase of acute uncertainty as military escalation involving strikes on Iran and the resulting closure of the Strait of Hormuz begin to reverberate through global energy supply chains. Within just over a week of the disruption, more than 12 million barrels of oil equivalent per day of […]

The article Analysts See Prolonged War Cutting Up To 70% Of Crude Output appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Featuring Over 40 Interactive and Game Booths Showcasing Engineering Innovation

HONG KONG SAR – Media OutReach Newswire – 14 March 2026 – To celebrate its 50^th Anniversary, The Hong Kong Institution of Engineers (hereafter “the HKIE”) has organised “The HKIE ‘Together we RISE’ Carnival” (hereafter “the Carnival”) at High Lawn, Art Park, WestK. The opening ceremony took place today, officiated by Ms Bernadette LINN Hon Ho, JP, Secretary for Development of the HKSAR Government; Mr YE Shuiqiu, Deputy Director-General of the Department of Educational, Scientific and Technological Affairs of the Liaison Office of the Central People’s Government in the Hong Kong Special Administrative Region; Ir Ricky LAU Chun Kit, JP, Permanent Secretary for Development (Works); and Ir The Hon Aaron BOK Kwok Ming, Legislative Council Member (Functional Constituency – Engineering) cum Past President of the HKIE. They were joined by Ir Alice CHOW, President of the HKIE; Ir Prof Frank CHAN Fan, GBS, JP, Senior Vice President of the HKIE; Ir Rupert LEUNG Kwok Yiu, Vice President of the HKIE; Ir William LUK Wai Lam, Vice President of the HKIE and Ir Prof Alfred SIT Wing Hang, GBS, JP, Chief Executive and Secretary of the HKIE to kick off this two-day event.

With the theme “Together we RISE”, the Carnival aims to highlight the engineering profession’s outstanding contributions to social progress, technological innovation, and sustainable development. Running from 14-15 March, the Carnival features over 40 interactive booths and game zones designed by various organisations and HKIE divisions. The booths showcase exciting innovations including robot and robot dog demonstrations, model displays, VR experiences, UAV flight simulators, a water pumping robot, and more, offering enjoyable, hands-on exploration of the diversity and fun of engineering for the whole family over the weekend.

The Carnival also features a travelling exhibition, “Engineering Legacy: 50 Years of Excellence”, celebrating 19 excellent engineering projects honoured with The HKIE 50th Anniversary Legacy Award. The exhibition highlights the remarkable achievements and milestones that have shaped Hong Kong’s engineering landscape over the past five decades. In addition, the winning entries from the “Together we RISE” school competition held by the HKIE earlier will be showcased, reflecting the creativity and imagination of the younger generation in building sustainable and innovative cities.

Ir Alice CHOW, President of The Hong Kong Institution of Engineers, remarked, “The Hong Kong Institution of Engineers has grown alongside Hong Kong over the past 50 years, witnessing and contributing to many of the city’s landmark infrastructure and urban development projects. Through the Carnival, we hope the public can gain a deeper understanding of the vital role engineers play in society, while inspiring the younger generation’s interest and creativity in the engineering profession. ‘Together we RISE’ is not just a theme; it also expresses our commitment to fostering innovation, uniting the industry, and building the future, leveraging Hong Kong’s unique advantages of being ‘backed by our motherland and connected to the world’!”

The HKIE 50^th Anniversary “Together we RISE” Carnival

Hashtag: #HKIE

The issuer is solely responsible for the content of this announcement.

About the HKIE

The Hong Kong Institution of Engineers (HKIE) – previously The Engineering Society of Hong Kong – was founded in 1947. In 1975, the HKIE was incorporated under The Hong Kong Institution of Engineers Ordinance, Chapter 1105 of the Laws of Hong Kong. Today the HKIE has over 32,000 members, of which around 17,000 are Corporate Members.

The Institution aims to bring together engineers of different disciplines for their common good. The HKIE is committed to upholding the quality of membership, and sets standards for the training and admission of engineers from 22 engineering disciplines. It also has strict rules governing members’ conduct and is dedicated to raising the ethical standards of professional engineers in Hong Kong. For more information about the HKIE, please visit https://hkie.org.hk