Tanco Subsidiaries in Smart AI Container Port Project In Port Dickson

KUALA LUMPUR, Nov 25 (Bernama) -- Tanco Holdings Bhd’s subsidiaries Midports Holdings Sdn Bhd (MHSB) and MBINS Ventures Sdn Bhd (MVSB) have received the signed heads of agreement (HoAs) with Menteri Besar Negeri Sembilan (Pemerbadanan) (MBINS) to develop a smart AI container port on 72.84 hectares of submerged land in Port Dickson, Negeri Sembilan.

Identis Debuts At Trustech, Marking Matica Group’s Evolution

KUALA LUMPUR, Dec 2 (Bernama) -- Identis, a global leader in secure identity and payment technologies, officially made its global debut, marking the evolution of the Matica Group and combining decades of experience with a renewed vision for the digital era.

AM Best: Hong Kong Fire To Hit Reinsurers, Pressure Property Treaty Terms

KUALA LUMPUR, Dec 2 (Bernama) -- Global credit rating agency, AM Best expects a significant share of losses from the deadly Hong Kong apartment fire to flow to reinsurers—a shift that could halt downward pressure on Hong Kong property reinsurance rates despite a globally softening market.

Renewed Bargain Hunting Lifts Bursa Malaysia, CI Up 1.25 Pct

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 1 (Bernama) -- Bursa Malaysia started the final month of the year on a firmer footing, with the key index climbing 1.25 per cent at Monday’s close, supported by renewed bargain hunting and year-end portfolio rebalancing by institutional investors.  

NETR Boosts Domestic Demand For Electric Buses, Enhancing Malaysia’s Competitiveness

JOHOR BAHRU, Dec 1 (Bernama) -- The National Energy Transition Roadmap (NETR), which aims to increase the use of electric buses significantly, is seen as opening up new growth opportunities for local manufacturers, including Johor-based Gemilang Coachwork Sdn Bhd.

EPF Appoints Mohamad Hafiz As CIO, Ahmad Rizal As CFO

KUALA LUMPUR, Dec 1 (Bernama) -- The Employees Provident Fund (EPF) has appointed Mohamad Hafiz Kassim as its new chief investment officer (CIO) and Ahmad Rizal Omar as chief financial officer (CFO), both effective today.

Abaxx Exchange, Stellar Complete Connectivity, Expanding Access To Commodity Futures Benchmarks

KUALA LUMPUR, Dec 1 (Bernama) -- Abaxx Technologies Inc (Abaxx), a financial software and market infrastructure company, and Stellar Trading Systems Ltd (Stellar) announced the completion of full connectivity between Stellar’s suite of trading platforms and the Abaxx Exchange.

King Officiates At Maharani Freeport Launch

MUAR, Nov 29 (Bernama) -- The Yang di-Pertuan Agong Sultan Ibrahim today officiated at the launch of Maharani Freeport located at the Maharani Energy Gateway (MEG) Complex in Tanjung Emas here.

Maharani Freeport To Create 45,000 Jobs, Strengthen Supply Chains - PM Anwar

MUAR, Nov 29 (Bernama) -- The launch of Maharani Freeport is expected to create thousands of job opportunities and boost Malaysia’s maritime logistics competitiveness and supply chain resilience, said Prime Minister Datuk Seri Anwar Ibrahim.

Red Tape Reform Delivers Major Benefits To Public, Business Community - Academic

KUALA LUMPUR, Nov 29 (Bernama) -- The people and the business community have become the biggest beneficiaries of the Bureaucratic Red Tape Reform (RKB), as various government processes can now be completed more quickly, compliance costs have been reduced, and service transparency has improved.

SMJ Energy Acquires 20 Pct Stake In North Sabah Production Sharing Contract

KOTA KINABALU, Nov 29 (Bernama) -- Sabah is poised to secure a bigger share in oil and gas resources following state-owned SMJ Energy's (SMJE) acquisition of a 20 per cent non-operating participating interest in the North Sabah enhanced oil recovery production sharing contract (EOR PSC).

PKFZ Records 8 Pct Overall Revenue Growth As Of October

KLANG, Nov 28 (Bernama) -- Port Klang Free Zone (PKFZ) recorded an overall revenue increase of eight per cent as of October this year compared to a year ago, reflecting more robust business activity and stronger operational performance.