| LATEST NEWS | Special financial assistance equivalent to two months’ salary for state civil servants, RM700 for federal civil servants serving in Sarawak - Premier | RM700 incentive for private media practitioners registered with six media associations in Sarawak - Premier | Indonesia proposes cooperation with Malaysia to gain international recognition for Malay heritage, including Jawi script - Fahmi | Malaysia proposes setting up Malaysia-Indonesia High-Level Committee to strengthen cooperation in creative industry and economy - Fahmi | PM Anwar bans civil servants from using Waze, urges public to switch to TuJu app for data security | |
KUALA LUMPUR, Oct 21 (Bernama) -- Genon, a South Korean generative artificial intelligence (AI) solutions startup, announced that its Indonesian AI manufacturing automation business passed mass-production validation and has won follow-on contracts, accelerating its overseas expansion.
By Danni Haizal Danial Donald
KUALA LUMPUR, Oct 20 (Bernama) -- The Kuala Lumpur rubber market ended firmer on Tuesday, supported by gains in regional rubber futures markets coupled with steady benchmark crude oil prices, said a dealer.
By Jailani Hasan
LABUAN, Oct 16 (Bernama) -- The Chartered Institute of Logistics and Transport Malaysia (CILTM) Sabah Section has welcomed Sabah Industrial Development, Entrepreneurship and Transport Ministry’s positive response to its proposal to explicitly include logistics in the planned Sabah Sustainable Transport Masterplan.
LABUAN, Oct 15 (Bernama) -- Sabah Customs has decided to discontinue the arrangement allowing Labuan-bound cargo and containers to transit through Kota Kinabalu Port for onward delivery to the island by road and ferry.
KUALA LUMPUR, Oct 13 (Bernama) -- Lianson Fleet Group Bhd’s (LFG) wholly owned subsidiary, LFG Cengal Ltd, has acquired a bulk carrier, named LFG Cengal, for a total cash consideration of US$23 million (RM93.9 million) from an unrelated third party.
KUALA LUMPUR, Oct 12 (Bernama) -- Tax incentives for Malaysian shipping companies are proposed to be reviewed to contribute to the growth of Malaysian shipping fleet and reduce dependence on foreign vessels as well as enhance the inflow of ship freight revenue into Malaysia in the long term.
PUTRAJAYA, 12 Okt (Bernama) -- A 10-year extension of income tax exemptions is expected to encourage more shipping companies to register their vessels in Malaysia rather than in other countries offering tax incentives, Transport Minister Anthony Loke said.
KUALA LUMPUR, Oct 11 (Bernama) -- Budget 2027’s extension of the income tax exemption and fixed stamp duty rates on ship financing is expected to ease financing constraints for Malaysian shipowners facing stringent collateral requirements and mismatches between loan tenures and ships’ useful lives.
KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia should establish a green shipping corridor to accelerate the maritime industry’s transition towards greener operations through closer coordination between the government and industry players, said an expert.
KUALA LUMPUR, Oct 7 (Bernama) -- Yinson Production, the offshore production business unit of Yinson Holdings Bhd, has priced US$1.458 billion (US$1=RM4.08) in bonds to refinance its Agogo floating production, storage and offloading (FPSO) vessel off the coast of Angola.
KUALA LUMPUR, Oct 6 (Bernama) -- MISC Group has chartered its latest new-generation liquefied natural gas (LNG) carrier, Th'ailib, to QatarEnergy for 15 years, starting this year.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 1 (Bernama) -- Malaysia has been urged to recognise marine food security and marine pollution prevention as a matter of national resilience and economic priority in Budget 2027.
