MPM Urges Closer Collaboration With LPA, Labuan Corp, Customs To Strengthen Shipping Services To Labuan

By Jailani Hasan

LABUAN, Oct 23 (Bernama) -- Megah Port Management Sdn Bhd (MPM) has called for closer collaboration among the Labuan Port Authority (LPA), Labuan Corporation, the Royal Malaysian Customs Department and industry stakeholders to strengthen direct shipping services and enhance Labuan’s maritime connectivity.

MAG, Citi Announce US$75 Mln Trade Finance Facility To Strengthen Supply Chain

KUALA LUMPUR, Oct 23 (Bernama) -- Malaysia Aviation Group (MAG) and Citibank Bhd (Citi) have announced a US$75 million (US$1=RM4.07) structured trade finance facility to improve working capital management, enhance liquidity and strengthen supply chain resilience to support MAG’s operational requirements across Asia.

Bursa Malaysia Lower At Midday

KUALA LUMPUR, Oct 23 (Bernama) -- Bursa Malaysia ended the morning trading session lower, in tandem with most regional markets following weaker Wall Street performance overnight. 

Templafy Launches Shareable AI Document Agents For Business Teams

KUALA LUMPUR, Oct 23 (Bernama) -- Templafy, the agentic document generation platform, has launched Templafy Team, a new offering that enables professional teams build, customise and share their own artificial intelligence (AI) Document Agents, drawing on company knowledge, templates and approved content.

YYForce Outlines AI Platform For Hotels, Eyes Future Superintelligence

KUALA LUMPUR, Oct 23 (Bernama) -- YYForce Inc (YYForce) has outlined plans for an artificial intelligence (AI) platform linking hotel staff, robots and smart-building systems, with a long-term aim of supporting future superintelligence applications if such technology becomes available.

RAC Develops 10-year Plan To Enhance Train Services, Boost Public Transport Use

By Karina Imran

KUALA LUMPUR, Oct 23 (Bernama) -- Railway Assets Corporation (RAC) has developed a 10-year strategic plan to improve train service frequency and reliability, aiming to encourage more Malaysians to switch from private vehicles to public transport.

Express Rail Link Seeks Collaboration With Universities To Develop Rail Talent, Support Long-term Growth

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 23 (Bernama) -- High-speed airport train service provider Express Rail Link Sdn Bhd (ERL) seeks further collaboration with universities to develop young talent and build local expertise in rail technology.

PM Anwar Fulfils Promise To Expedite Flood Mitigation Projects, Help Long-Suffering Victims

By Mikhail Raj Abdullah

KUALA LUMPUR, Oct 23 (Bernama) -- Staying true to Prime Minister Datuk Seri Anwar’s promise made more than three years ago, the government has expedited the implementation of flood mitigation projects to ease the burden and financial hardship inflicted on victims almost seasonally by this natural disaster.

Bursa Malaysia Lower In Early Trading

KUALA LUMPUR, Oct 23 (Bernama) -- Bursa Malaysia opened lower on Friday, tracking weaker overnight performance on Wall Street. 

EPF Contribution Rate For Foreign Workers Relatively Low, Says MOF

KUALA LUMPUR, Oct 22 (Bernama) -- The two per cent Employees Provident Fund (EPF) contribution rate payable by employers for non-Malaysian workers is relatively low, the Finance Ministry (MOF) said.

CPO Futures End Higher On Firmer Soybean Oil Futures, Export Outlook

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 22 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Thursday, tracking firmer soybean oil futures on the Chicago Board of Trade (CBOT), while stronger palm oil export estimates lent further support to market sentiment.

Transport Sector Must Prioritise Growth, Environmental Sustainability - Loke

KUALA LUMPUR, Oct 22 (Bernama) -- The future of transport must support long-term economic growth while responding responsibly to environmental challenges, according to the Ministry of Transport (MoT).