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KUALA LUMPUR, Oct 30 (Bernama) -- Global credit rating agency, AM Best has affirmed South Korea’s KB Insurance Co Ltd (KBI) financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent), with a stable outlook.
KUALA LUMPUR, Oct 30 (Bernama) -- SD Guthrie Bhd’s shares rose in early trade after the company disposed of 657.09 hectares in Bukit Kerayong, Selangor, to Bukit Kerayong Industrial Developments (BKID) for RM933.57 million.
By Norhayati Mohd Akhir
LINYI (Shandong) Oct 30 (Bernama) -- Malaysian businesses will now have more efficient access to supply chains in China following Linyi Trade City Group's move to introduce the Market Procurement + Global Partners Initiative, backed by the integration of logistics, customs and financial services under a unified service platform.
KUALA LUMPUR, Oct 29 (Bernama) -- Total air cargo demand, measured in cargo tonne-kilometres (CTK), rose 7.7 per cent year-on-year (y-o-y) in September 2026, with international demand increasing 8.6 per cent, according to the International Air Transport Association (IATA).
KUALA LUMPUR, Oct 29 (Bernama) -- SD Guthrie Bhd will sell 657.09 hectares of land in Bukit Kerayong, Selangor, to Bukit Kerayong Industrial Developments (BKID) for RM933.57 million and partner with Bumi Assets Sdn Bhd and YTL Power International Bhd to develop the site into an industrial park.
KUALA LUMPUR, Oct 29 (Bernama) -- Energy and infrastructure investor EIG and Saudi-listed power producer Acwa have signed definitive agreements to establish Plenum Power, a strategic partnership targeting investments in the United States (US) power sector with an initial equity commitment of about US$4 billion. (US$1 = RM4.07)
KUALA LUMPUR, Oct 29 (Bernama) -- More than 150 investors, corporate leaders, policymakers and innovators met European deep-tech companies at the European Innovation Night in Singapore on Oct 28, an event aimed at building business and investment partnerships between Europe and Singapore.
From Harizah Hanim Mohamed
SHENZHEN, Oct 29 (Bernama) -- Tencent Cloud International is optimising its hardware and software architecture to provide more cost-effective computing and artificial intelligence (AI) inference amid growing demand for computing and storage, while offering products suited to local markets to accelerate adoption.
BATU KAWAN, Oct 29 (Bernama) -- Estek Automation Sdn Bhd has invested RM20 million in a new 50,000-square-foot manufacturing facility in Batu Kawan, Penang, to expand its capabilities in semiconductor equipment, artificial intelligence (AI)-driven solutions and contract manufacturing.
KUALA LUMPUR, Oct 29 (Bernama) -- YYForce Inc (YYForce) is targeting US$20 million in revenue from its Malaysian operations in its 2027 financial year (FY2027), after signing new hospitality contracts and expanding its service robot deployments in the country. (US$1 = RM4.07)
KUALA LUMPUR, Oct 29 (Bernama) -- Ras Al Khaimah (RAK) and China’s Fujian Province have signed a friendship agreement to strengthen economic, maritime and cultural ties, concluding a six-day visit to China by the emirate’s Ruler, Sheikh Saud bin Saqr Al Qasimi.
KUALA LUMPUR, Oct 29 (Bernama) -- Asia Pacific airlines carried a total of 30.4 million international passengers in September 2026, a marginal 0.7 per cent increase compared with the same month last year, according to the Association of Asia Pacific Airlines (AAPA).
