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Rubber Market Ends Lower On Regional Declines

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, May 21 (Bernama) -- The Kuala Lumpur rubber market ended lower on Thursday, weighed down by declines in the regional rubber futures markets and a stronger ringgit against the US dollar amid mixed developments surrounding the West Asia conflict, a dealer said.

EIG’s MidOcean Energy Secures US$120 Mln Investment From The Arab Energy Fund

KUALA LUMPUR, May 21 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, has secured a US$120 million equity investment from The Arab Energy Fund (TAEF) as part of its ongoing capital raise. (US$1=RM3.96)

Malaysia Builds Rail Talent Through ECRL Training In China

From Norsyafawati Ab Wahab

LIUZHOU (China), May 20 (Bernama) -- The East Coast Rail Link (ECRL) Industrial Skills Training Programme (PLKI-ECRL), conducted at Liuzhou Railway Vocational Technical College (LRVTC), is helping Malaysia develop a skilled workforce for the rail industry.

MAG Expects Jet Fuel Prices To Hover At US$120-US$130 Over The Next One Year

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, May 20 (Bernama) -- Malaysia Aviation Group (MAG) expects jet fuel prices to hover between US$120 and US$130 per barrel over the next one year, based on current forward market indications, as airlines continue navigating geopolitical tensions and fuel supply disruptions affecting the aviation industry. 

Amii’s Upper Bound Opens With 53 Pct Attendance Surge

KUALA LUMPUR, May 20 (Bernama) -- Alberta Machine Intelligence Institute (Amii) has opened the fifth edition of its Upper Bound artificial intelligence (AI) conference in Edmonton, Canada, reporting a 53 per cent year-on-year increase in attendance.

Gold Remains Relevant As Investments Despite Weakening Correlation With Currencies

KUALA LUMPUR, May 20 (Bernama) -- Precious metals such as gold and silver continue to play an important role as an investment strategy for hedging against uncertain economic situations, even though the inverse correlation between currencies and gold movements has changed, especially over the past three years.

Guizhou’s Kaili Sour Soup Industry Gains Investment Spotlight

KUALA LUMPUR, May 19 (Bernama) -- The signature Kaili sour soup of Qiandongnan Miao and Dong Autonomous Prefecture in Guizhou Province was showcased at the recent 2026 World Brand Moganshan Summit, promoting the region's industrial development and business potential to investors and guests across China.

NM Aircond Builds Legacy In Air-conditioning Business, Eyes Franchise Development

JOHOR BAHRU, May 19 (Bernama) -- Starting from experience in the hospitality industry, a husband-and-wife team has successfully built a competitive air conditioning business through NM Aircond Sdn Bhd since February 2014.

Shell Malaysia To Expand Its Westport Fuels Terminal

KUALA LUMPUR, May 18 (Bernama) -- Shell Malaysia Trading Sdn Bhd (SMT) has announced the expansion of the Shell Westport Fuels Terminal, which will introduce new import infrastructure, comprising three additional gasoline and diesel tanks, enabling the terminal to accommodate full medium-range vessel parcels, thereby improving supply efficiency and operational capability.

Shipping Firms Defer Sapangar Port Congestion Surcharge: Ewon

PENAMPANG, May 16 (Bernama) -- Shipping companies have agreed to defer the proposed congestion surcharge at the Sapangar Bay Container Port (SBCP) following a series of engagements with Sabah’s Ministry of Industrial Development, Entrepreneurship and Transport (MINDET).

MADANI Microfinancing Initiatives Strengthen Economic Resilience During Uncertainties

KUALA LUMPUR, May 16 (Bernama) -- The MADANI government’s microfinancing initiatives strengthen Malaysia’s economic resilience during periods of geopolitical uncertainty by preserving liquidity and supporting domestic economic activity, particularly among small and medium-sized enterprises (SMEs).