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By Hasnah Jusid
KULAI, July 16 (Bernama) -- Johor is set to become the production base for artificial intelligence (AI)-powered cleaning robots under a technology transfer partnership between a local company and a Chinese robotics firm.
KUALA LUMPUR, July 16 (Bernama) -- AM Best has upgraded the financial strength rating of The People's Insurance Company of China (Hong Kong) Ltd (PICC HK) to A (Excellent) from A- (Excellent) and the long-term issuer credit rating to “a” (Excellent) from “a-” (Excellent).
KUALA LUMPUR, July 15 (Bernama) -- SD Guthrie Bhd has entered into two conditional sale and purchase agreements (SPAs) to dispose of freehold land in Kuala Selangor for RM798.31 million.
KUALA LUMPUR, July 15 (Bernama) -- Sabah-based beverage manufacturer Life Water Bhd has entered into a share sale agreement (SSA) to acquire a 90 per cent equity interest in the Hung Tai Group for RM46.8 million.
KUALA LUMPUR, July 15 (Bernama) -- The Malaysian ringgit is expected to remain one of the region's better-performing currencies alongside the Singapore dollar, supported by solid economic fundamentals and impact of higher oil prices, even in a stronger US dollar environment, according to Standard Chartered Bank.
KUALA LUMPUR, July 15 (Bernama) -- RealPage Inc, an artificial intelligence (AI)-enabled software and data analytics provider, has completed its acquisition of real estate data intelligence company Cherre, expanding its AI capabilities for the real estate sector.
KUALA LUMPUR, July 15 (Bernama) -- Praytell has expanded into Asia with the opening of a Singapore office, marking the creative communications agency's latest step in its global growth strategy and strengthening its presence across North America, Europe, Asia and Australia.
KUALA LUMPUR, July 15 (Bernama) -- Countries bordering the Strait of Melaka must embark on a multinational defence cooperation by conducting stress tests and simulations in the strait to better prepare for potential geopolitical crises, an analyst said.
KUALA LUMPUR, July 14 (Bernama) -- Tanco Holdings Bhd’s unit, Midports Holdings Sdn Bhd (MHSB), has inked a memorandum of understanding (MoU) with SPG Qingdao Port Group Co Ltd (SQPG) for the development of a “Smart AI Container Port” in Port Dickson, Negeri Sembilan, and on potential fundraising activities related to the project.
KUALA LUMPUR, July 13 (Bernama) -- Home appliance distributor Milux Corporation Bhd has proposed to acquire a 100 per cent equity interest in Movon Sdn Bhd from Abletech Solutions Sdn Bhd (ASSB) and Datuk Dr Lim Jee Gin for RM150 million.
KUALA LUMPUR, July 13 (Bernama) -- The government has approved 46 projects for the Pasir Puteh parliamentary constituency in Kelantan for 2026, with a total allocation ceiling of RM207.2 million. These include developing downstream industrial infrastructure to support activities near the East Coast Rail Link (ECRL) cargo station.
By Harizah Hanim Mohamed
KUALA LUMPUR, July 13 (Bernama) – Ports, shipping lines and cargo owners are now confronting the formidable task of restoring global supply chains and clearing a backlog of vessels and cargo built up during months of conflict in and around the Strait of Hormuz, a process that industry players say could take weeks or even months.
