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Rubber Market Ends Lower On Improving Raw Material Supply In Thailand

By K. Naveen Prabu

KUALA LUMPUR, July 29 (Bernama) -- The Kuala Lumpur rubber market ended lower on Wednesday as improving raw material supply in Thailand weighed on market sentiment, a dealer said.

Kioxia Unveils Universal Flash Storage 5.0 For AI Mobile, Edge Devices

KUALA LUMPUR, July 29 (Bernama) -- Kioxia Corporation has unveiled its Universal Flash Storage (UFS) 5.0 embedded flash memory solutions, designed to deliver the performance, efficiency and capacity required for the next generation of artificial intelligence (AI)-enabled mobile and edge devices.

Petronas Unit Signs HoA With Japan's Hokuriku Electric To Renew LNG Supply Deal

KUALA LUMPUR, July 29 (Bernama) -- Petroliam Nasional Bhd's (Petronas) subsidiary, Petronas LNG Ltd (PLL), has signed a heads of agreement (HoA) with Japan's Hokuriku Electric Power Company to negotiate and conclude the renewal of a long-term liquefied natural gas (LNG) supply agreement.

LPA Optimistic Megah Port’s Marine Services Will Operate Smoothly, Safely

LABUAN, July 29 (Bernama) -- The Labuan Port Authority (LPA) is optimistic that the marine services implemented by Megah Port Management Sdn Bhd (MPM) within the Labuan Port limits will operate smoothly, safely and efficiently in accordance with international maritime standards.

Megah Port Kicks Off Marine Services With RM23 Mln Tugboat Investment

LABUAN, July 29 (Bernama) -- Megah Port Management Sdn Bhd (MPM) today officially commenced its marine services at Labuan Port, backed by the acquisition of four tugboats worth RM23 million.    

CAAM Gears Up For F1's Return

By Kisho Kumari Sucedaram

KUALA LUMPUR, July 29 (Bernama) -- The Civil Aviation Authority of Malaysia (CAAM) has called on all relevant stakeholders, including airport operators, airlines, ground handlers and relevant government agencies, to work closely to ensure the smooth handling of the Formula 1 (F1) Gulf Air Bahrain Grand Prix in Malaysia.

Pay Growth Lags Productivity, Wage-Setting System Needs Review — BNM Deputy Governor

KUALA LUMPUR, July 28 (Bernama) -- Bank Negara Malaysia (BNM) sees the country’s wage growth has lagged productivity growth and believes there is a need to review its wage-setting system, particularly how adjustments to the minimum wage translate into wages at higher levels.

InterSystems Launches AI Assistant For Enterprise Data Access

KUALA LUMPUR, July 28 (Bernama) -- InterSystems, a creative data technology provider, has announced the general availability of InterSystems Data Studio AI Assistant, a new generative artificial intelligence (AI)-powered extension for InterSystems Data Studio.

BNM Framework Should Evolve From Prescriptive To Collaborative -- Former Deputy Governor 

KUALA LUMPUR, July 28 (Bernama) -- Bank Negara Malaysia’s (BNM) supervisory framework should evolve to become more collaborative and consultative with the financial industry, including greater use of regulatory sandboxes, said former BNM deputy governor Datuk Ooi Sang Kuang. 

Data Centre Approvals Won’t Compromise Malaysia’s Energy Security - Sim

KUALA LUMPUR, July 28 (Bernama) -- Every application for a new data centre project will undergo a stringent assessment process to ensure electricity and water supplies for local households and industries are not affected, said Deputy Investment, Trade and Industry Minister Sim Tze Tzin.

Govt Mulls Economic Security Framework To Strengthen Crisis Resilience -- Nurhisham

KUALA LIMPUR, July 28 (Bernama) -- The government is looking to establish an economic security framework to strengthen the country's resilience against future crises, says the economic advisor to the Prime Minister's Office Nurhisham Hussein.

Sime Darby Property Establishes RM2.6 Bln Green Sukuk Programme For Data Centres

KUALA LUMPUR, July 28 (Bernama) -- Sime Darby Property Bhd's New Economy Venture (NEV) platform, Sime Darby Property NEV (Holdings) Sdn Bhd (SDP NEV), has established a sukuk programme of up to RM2.6 billion to finance the development of build-to-suit-to-lease data centres as well as industrial and logistics assets.