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BNM Imposes Administrative Monetary Penalties On Pacific Insurance, Wang S Enterprise

KUALA LUMPUR, July 29 (Bernama) -- Bank Negara Malaysia (BNM) has imposed administrative monetary penalties on The Pacific Insurance Bhd (TPIB) for breaching a requirement under the Financial Services Act 2013 and on Wang S Enterprise Sdn Bhd for non-compliance with the Money Services Business Act 2011.

Kioxia Unveils NX1 Data Centre SSDs With Direct Liquid-Cooling Support

KUALA LUMPUR, July 29 (Bernama) -- Kioxia Corporation, a global leader in memory solutions, has announced the KIOXIA NX1 Series of solid-state drives (SSDs), a new generation of E1.S PCIe 5.0 NVMe data centre SSDs and the company’s first SSD with direct liquid-cooling support.

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.

CSL Delivers First Transhipment Shuttle Vessel For Simandou Project

KUALA LUMPUR, July 29 (Bernama) -- The CSL Group (CSL), a leader in responsible marine transportation services, has announced the delivery of MV Wontanara, the first of five state-of-the-art transhipment shuttle vessels (TSVs) commissioned to support the Simandou iron ore project in Guinea.

Eppendorf To Shift Part Of Production To Penang, Serve Global Markets

GEORGE TOWN, July 29 (Bernama) -- German life science company Eppendorf will relocate part of the production of selected laboratory instruments from its existing facilities to its new manufacturing site in Penang, which will primarily serve the North American and European markets.

LYB CEO Peter Vanacker To Receive CME STEM Leadership Award

KUALA LUMPUR, July 29 (Bernama) -- LyondellBasell (LYB) and Chemical Marketing & Economics Inc (CME) announced that LYB Chief Executive Officer (CEO), Peter Vanacker will receive the CME STEM Leadership Award for Corporate Reinvention on Dec 11 in New York City.

AGC Biologics Secures Multi-Year Yokohama Manufacturing Contract

KUALA LUMPUR, July 29 (Bernama) -- AGC Biologics announced that ahead of the official opening of its Yokohama site, an international biopharmaceutical company has secured half of the facility’s mammalian manufacturing capacity through a multi-year commercial contract expected to be worth hundreds of millions of dollars.

Tellus Power Unveils Energy AI Coordination Model 

KUALA LUMPUR, July 29 (Bernama) -- Tellus Power Global Holding Limited (Tellus Power), a deep technology company, has launched Tellus Energy AI, a purpose-built artificial intelligence (AI) model designed to coordinate energy supply and computing workloads for AI operators, data centres and energy companies.

RegASK Highlights EcoVadis Sustainability Recognition

KUALA LUMPUR, July 29 (Bernama) -- RegASK, the agentic artificial intelligence (AI)-native regulatory platform, has highlighted its EcoVadis Committed badge, reinforcing its commitment to sustainability, ethics, and responsible business practices.

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.