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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.

Petronas, TotalEnergies & Mitsui Sign JVA To Develop Carbon Storage Areas In Southern Hub

KUALA LUMPUR, Oct 23 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) wholly owned subsidiary, Petronas CCS Ventures Sdn Bhd (PCCSV), TotalEnergies EP CCS Malaysia and Mitsui & Co Ltd have signed a joint venture agreement (JVA) to develop the CO2 storage areas offshore Peninsular Malaysia, a key component of Malaysia's Southern Carbon Capture and Storage (CCS) Hub.

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.

Most Travellers Find Tourism Ads Look Alike - Report

KUALA LUMPUR, Oct 23 (Bernama) -- Six in 10 international travellers say travel advertisements look similar and half cannot remember the last tourism ad they saw, according to a report by global tourism platform TOURISE and LIONS Advisory.

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.

US Dollar Ticks Down

NEW YORK, Oct 23 (Bernama-Xinhua) -- The US dollar weakened in late trading on Thursday, Xinhua reported.

Kerjaya Prospek's Order Book Rises To RM6 Billion With Latest Contract Win

KUALA LUMPUR, Oct 23 (Bernama) -- Kerjaya Prospek Group Bhd’s order book could rise to RM6.0 billion from RM5.9 billion following its latest contract win from Tenaga Nasional Bhd, said MBSB Research.

Budget 2027: RM16 Bln STR, SARA Allocation Set To Boost Household Spending, Retail Sector

KUALA LUMPUR, Oct 23 (Bernama) -- The government’s higher RM16 billion allocation for Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA), along with the personal income tax measure under Budget 2027, is expected to sustain household consumption and support retail sector earnings, particularly among essential goods and value retailers.

Orgabio Sees Healthier Beverage Opportunities Despite Higher Formulation Costs

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 23 (Bernama) -- Healthier beverage formulations can cost approximately five to 10 per cent more to manufacture, but Orgabio Holdings Bhd sees opportunities in the segment as brand owners explore products that cater to evolving consumer preferences.

Economy Ministry Seeks Industry Input On Malaysia’s Energy Transition

KUALA LUMPUR, Oct 22 (Bernama) -- The Ministry of Economy has called on industry players to submit policy recommendations on energy storage, the hydrogen economy and smart grid deployment to advance Malaysia’s energy transition.

Ringgit Opens Higher As AI Investment Concerns Weigh On Greenback

By Siti Noor Afera Abu and Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Oct 23 (Bernama) -- The ringgit opened higher on Friday as the greenback weakened after equity prices fell amid heightened concern over artificial intelligence (AI)-related investments.