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Rubber Market Ends Lower On Weaker Regional Futures

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 29 (Bernama) -- The Kuala Lumpur rubber market ended lower on Thursday, tracking losses in regional rubber futures and a decline in benchmark crude oil prices, a dealer said.

EIG, Acwa Form US$4 Bln US Power Partnership

KUALA LUMPUR, Oct 29 (Bernama) -- Energy and infrastructure investor EIG and Saudi-listed power producer Acwa have signed definitive agreements to establish Plenum Power, a strategic partnership targeting investments in the United States (US) power sector with an initial equity commitment of about US$4 billion. (US$1 = RM4.07)

Parkland Gets SC Nod For Main Market Listing

KUALA LUMPUR, Oct 29 (Bernama) -- Property developer Parkland Bhd has received the Securities Commission Malaysia’s (SC) nod for its initial public offering (IPO) and proposed listing on the Main Market of Bursa Malaysia Securities Bhd.

OMODA X Off-Road Crossover Debuts With Night Vision

KUALA LUMPUR, Oct 29 (Bernama) -- OMODA, part of Chery’s OMODA & JAECOO division, has unveiled the OMODA X, which it describes as the world’s first “cross off-road vehicle”, at a global debut event on Oct 20.

Tencent Cloud Optimises Computing Costs, Expands Local Offerings To Accelerate AI Adoption

From Harizah Hanim Mohamed

SHENZHEN, Oct 29 (Bernama) -- Tencent Cloud International is optimising its hardware and software architecture to provide more cost-effective computing and artificial intelligence (AI) inference amid growing demand for computing and storage, while offering products suited to local markets to accelerate adoption.

Pahang's RM850 Mln Chereh Dam Solar Project To Create 1,500 Jobs

KUANTAN, Oct 29 (Bernama) -- A RM850 million floating solar photovoltaic (PV) project at Chereh Dam in Pahang is expected to create about 1,500 jobs and generate clean electricity equivalent to the annual consumption of 100,000 households.

YYForce Targets US$20 Mln Malaysian Revenue In FY2027

KUALA LUMPUR, Oct 29 (Bernama) -- YYForce Inc (YYForce) is targeting US$20 million in revenue from its Malaysian operations in its 2027 financial year (FY2027), after signing new hospitality contracts and expanding its service robot deployments in the country. (US$1 = RM4.07)

Budget 2027: RM1 Bln Electronic Medical Records Investment To Boost Health IT Opportunities

KUALA LUMPUR, Oct 29 (Bernama) -- The RM1 billion signalled in Budget 2027 for investment in nationwide electronic medical records will create longer-term opportunities for health information technology (IT), interoperability and digital infrastructure, while supporting continued efforts to expand health records. 

UAE’s Space42 Signs Satellite MoU With Viasat, Canada’s Terrestar

KUALA LUMPUR, Oct 29 (Bernama) -- Space42, the United Arab Emirates (UAE)-based artificial intelligence (AI)-powered SpaceTech company, United States satellite firm Viasat Inc and Canada’s Terrestar Solutions Inc have signed a memorandum of understanding (MoU) to develop an open, standards-based framework linking their planned satellite networks for direct-to-device (D2D) mobile services.

Tencent Cloud Commits To Investing In Malaysia Over Next Three Years

From Harizah Hanim Mohamed

SHENZHEN, Oct 29 (Bernama) -- Tencent Cloud is committed to investing in Malaysia over the next three years, building on its existing cloud region infrastructure, said Nucky Fang, general manager of Tencent Cloud International and Tencent Cloud Malaysia.

Brent Crude Oil Prices Expected To Average US$80-US$95 Per Barrel In 2027 - Analysts

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 29 (Bernama) -- Brent crude oil prices are expected to average between US$80 per barrel and US$95 per barrel in 2027, assuming a progressive restoration of West Asian oil exports and a recovery in global supply that outpaces demand growth, analysts said.

When Cheap Drones Become Costly Threats: Inside Turkİye’s AI-Powered ‘Steel Dome’

KONYA (Turkiye), Oct 29 (Bernama) -- The thunderous sound of anti-aircraft gunfire echoed across a military firing range in Konya, Turkiye, as an advanced defence system demonstrated how modern armies could counter drones, one of today's fastest-growing security threats.