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ADB Visit Underscores Labuan’s Role As O&G, Financial Services Gateway

By Jailani Hasan

LABUAN, May 22 (Bernama) -- The Asian Development Bank’s (ADB) official visit to Labuan has renewed attention on the duty-free island’s strategic economic position as an offshore oil and gas support base, international financial centre and maritime gateway.

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. 

SIC Bets On Premium Positioning For Driving Experience Centre Despite Slow Take-up

KUALA LUMPUR, May 18 (Bernama) -- Sepang International Circuit (SIC) is maintaining a premium positioning for its newly completed Driving Experience Centre (DEC) despite modest early utilisation as the initiative forms part of efforts to sweat its non-race assets and diversify revenue streams.

CILTM Calls For Maritime Resilience Framework To Strengthen Sabah Logistics Ecosystem

LABUAN, May 13 (Bernama) -- Sabah should develop a medium-term cargo flow redistribution and maritime resilience framework to strengthen the state’s logistics ecosystem, according to the Chartered Institute of Logistics and Transport Malaysia (CILTM) Sabah.

Persona AI, Under Armour Collaborate On Humanoid Robotics Materials

KUALA LUMPUR, May 12 (Bernama) -- Persona AI announced a research and development collaboration with Under Armour to study how advanced performance materials can support humanoid robots operating in industrial environments.

TII Technology Acquired By OPAQUE To Advance Confidential AI

KUALA LUMPUR, May 5 (Bernama) -- Technology Innovation Institute (TII) has announced that its advanced cryptographic artificial intelligence (AI) technologies have been acquired by OPAQUE, a San Francisco-based confidential AI company.

LPA, MIMA Ink MoU To Strengthen Maritime Cooperation

By Jailani Hasan

LABUAN, May 4 (Bernama) -- The Labuan Port Authority (LPA) has signed a memorandum of understanding (MoU) with the Maritime Institute of Malaysia (MIMA) to strengthen cooperation, knowledge sharing and strategic collaboration in the maritime sector.

Labuan Corp Advisory Council Urges CVLB To Set Up Labuan Branch To Boost Transport, Logistics Industry

LABUAN, April 29 (Bernama) -- The Commercial Vehicles Licensing Board (CVLB) has been urged to establish a branch here to facilitate dealings by transport and logistics companies operating on the island.

Amazon Signs Deal With Meta To Deploy AWS Graviton For AI

KUALA LUMPUR, April 28 (Bernama) -- Amazon has signed an agreement with Meta to deploy Amazon Web Services (AWS) Graviton processors at scale, marking a significant expansion of their long-standing partnership as Meta builds its next generation of artificial intelligence (AI).

Veson, Veracity By DNV Partner On Verified Emissions Data Integration

KUALA LUMPUR, April 28 (Bernama) -- Maritime data and freight management solutions provider, Veson Nautical (Veson) has formed a strategic partnership with Veracity by DNV to integrate verified emissions data into operational and commercial shipping workflows.

Malaysia, Indonesia, Singapore And Thailand Must Resist Attempts To Weaponise Strait Of Melaka

By Harizah Hanim Mohamed

KUALA LUMPUR, April 26 (Bernama) – The commitment by the four littoral states of Malaysia, Indonesia, Singapore and Thailand to resist any attempt to weaponise the Strait of Melaka is now highly critical, as maritime law is being stamped upon and free navigation disrupted, as is happening in the Strait of Hormuz.