LATEST NEWS    Bangladesh militant group using social media to spread ideology, recruit members - IGP | Bangladesh militant group raising funds for terrorists in Syria and Bangladesh - IGP | Bangladesh militant group: Malaysians not involved - IGP | Ministry of Finance (MOF) agrees to provide measures to ease the industries for the transition into the expanded SST | PM Anwar welcomes PETRONAS' continued involvement in Canada’s LNG project, symbolising energy cooperation between the two countries | Bangladesh militant group using social media to spread ideology, recruit members - IGP | Bangladesh militant group raising funds for terrorists in Syria and Bangladesh - IGP | Bangladesh militant group: Malaysians not involved - IGP | Ministry of Finance (MOF) agrees to provide measures to ease the industries for the transition into the expanded SST | PM Anwar welcomes PETRONAS' continued involvement in Canada’s LNG project, symbolising energy cooperation between the two countries |

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Telekung Brand Siti Khadijah Aims RM2.5 Mln Sales For Maharani Collection

KUALA LUMPUR, June 24 (Bernama) -- Local “telekung” (Muslim woman’s prayer veil) brand Siti Khadijah has set a sales target of RM2.5 million over a period of three months to six months for its latest telekung collection, Maharani. 

SD Guthrie, MBINS To Develop Port Dickson Free Zone

SEREMBAN, June 24 (Bernama) -- SD Guthrie Bhd (SD Guthrie) and Menteri Besar Incorporated Negeri Sembilan (MBINS) will develop the Port Dickson Free Zone (PDFZ) in Pasir Panjang, Port Dickson, covering an area of 242.8 hectares (600 acres) with a gross development value (GDV) projected to exceed RM1 billion.

CAAM-MAVCOM Merger A Key Step For Aviation Growth -- AirAsia

KUALA LUMPUR, June 24 (Bernama) -- AirAsia recognises the merger of the Civil Aviation Authority of Malaysia (CAAM) and the Malaysian Aviation Commission (MAVCOM) as an important step towards strengthening the country’s aviation sector.

Govt Approves Venture Capital Tax Incentives To Boost Investments In Startups

KUALA LUMPUR, June 24 (Bernama) -- The government has approved new venture capital (VC) tax incentives to include a five per cent concessionary tax rate for up to 10 years for eligible fund entities investing at least 20 per cent in local startups, said Finance Minister II Datuk Seri Amir Hamzah Azizan. 

World’s First Zero-Carbon Port Eyes Southeast Asia Expansion, Targets 3.2 Mln TEUs In 2025

From Kisho Kumari Sucedaram

TIANJIN, June 24 (Bernama) -- China’s Tianjin Port, recognised as the world’s first zero-carbon port, is setting its sights on expanding cargo routes to Southeast Asia as it targets to handle 3.2 million twenty-foot equivalent units (TEUs) in 2025.

Palm Oil Players Should Hedge, Diversify Downstream -- Economist

KUALA LUMPUR, June 24 (Bernama) -- Malaysian palm oil producers must intensify hedging efforts and expand downstream to mitigate the risk of sudden price volatility, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

Flight Delays At Kuching Airport After RMAF Jet Incident Forces Runway Closure

By K.Naveen Prabu

KUALA LUMPUR, June 23 (Bernama) -- Batik Air is among the airlines affected by a temporary runway closure at Kuching International Airport (KIA) today, following a runway excursion involving a Royal Malaysian Air Force (RMAF) aircraft.

Penang Port Invests RM37 Mln In Four Hybrid RTG Cranes To Enhance Efficiency, Sustainability

GEORGE TOWN, June 23 (Bernama) -- Penang Port Sdn Bhd has invested US$7.88 million (RM37 million) in acquiring four new hybrid rubber-tyred gantry (RTG) cranes from Mitsui E & S Co Ltd, Japan, to enhance operational efficiency and promote environmental sustainability.

Penang Appeals For Tax Sharing To Boost State Development

GEORGE TOWN, June 23 (Bernama) -- The Penang state government hopes the federal government will consider sharing tax revenue to support the state’s development and social welfare programmes, especially considering the implementation of the revised and expanded Sales and Services Tax (SST) on July 1.

InvestPenang To Engage Intel On Future Direction In The State

GEORGE TOWN, June 23 (Bernama) -- InvestPenang, the state government's investment promotion agency, plans to engage with Intel to gain a clearer understanding of the current status and future direction of the tech giant’s investment in the state.

Runway At Kuching International Airport Closed Following Aircraft-Related Incident

KUALA LUMPUR, June 23 (Bernama) -- The runway at Kuching International Airport (KIA) is currently closed to facilitate the removal of a Royal Malaysian Air Force aircraft and subsequent runway clearing works, following an aircraft-related incident at 11.30am today.

Jetoptera Debuts At Paris Air Show With Successful J-500 Engine Test

KUALA LUMPUR, June 23 (Bernama) -- Jetoptera Inc has successfully completed the first test of the engine intended to power its J-500 unmanned vertical take-off and landing (VTOL) cargo aircraft, which is being developed in collaboration with Eanan Al Samma for the United Arab Emirates (UAE) market.