KUALA LUMPUR: JPG Greenergy Ventures Sdn Bhd, a subsidiary of Johor Plantations Group Berhad ('JPG'), has been awarded BioNexus Status by the Malaysian Bioeconomy Development Corporation (Bioeconomy Corporation) under the Ministry of Science, Technology and Innovation ('MOSTI'). JPG holds a 55% equity interest in JPG Greenergy Ventures Sdn Bhd, with the remaining 45% held by MTC Orec Sdn Bhd. This prestigious recognition signifies JPG Greenergy Ventures' groundbreaking achievements in transforming palm oil mill effluent ('POME') into valuable biomethane, and their commitment to achieving net zero emissions by 2050. BioNexus Status empowers qualified companies to accelerate their growth in the biotechnology sector with benefits including fiscal incentives, funding, investment facilitation and advisory services. YB Tuan Chang Lih Kang, the Minister of Science, Technology and Innovation, visited JPG's Sedenak oil palm estate and the Sedenak Biomethane plant in Johor, and witnessed JPG's innovative transformatio n of waste from palm oil production into biomethane. This initiative sets a benchmark in the sustainable disposal of palm oil byproducts within the renewable energy sector. Source: BERNAMA News Agency
Myanmar Targets Over US$29 Bln in Foreign Trade For 2026-2027
June 14, 2026
Naypyidaw: Myanmar aims to achieve growth momentum in foreign trade, targeting over US$29 billion in the 2026-2027 fiscal year, reported Xinhua quoting The Global New Light of Myanmar on Sunday.