Short-term Rates Set To Remain Stable Next Week On BNM Operations

KUALA LUMPUR, Oct 31 (Bernama) -- Short-term interbank rates are expected to remain stable next week, supported by Bank Negara Malaysia’s (BNM) financial system operations.

Mi Technovation Unit To Acquire KHL Building In Singapore For SG$103.88 Mln

KUALA LUMPUR, Oct 30 (Bernama) -- Mi Technovation Bhd's wholly owned subsidiary, Ohima  International Pte Ltd, has entered into a conditional sale and purchase agreement to acquire a seven-storey light industrial development located at New Industrial Road, KHL Building, in Singapore, for S$103.88 million (RM331.80 million) in cash.

SSER, CEXIM Sign RM5 Bln Loan Repurposing Agreement For NPWSS Financing

KUALA LUMPUR, Oct 30 (Bernama) -- Suria Strategic Energy Resources Sdn Bhd (SSER), a Minister of Finance Incorporated company, and the Export-Import Bank of China (CEXIM) today signed a loan repurposing agreement valued at RM5 billion to finance the Northern Perak Water Supply Scheme (NPWSS).

Alushibe To Bring 12 International Food Brands To Libya

KUALA LUMPUR, Oct 30 (Bernama) -- Libya’s Alushibe Holding Group announced its plan to bring 12 international food and beverage brands to the country by 2028 via its Retail & Destinations division, beginning with Turkish ice cream and patisserie chain MADO.

Shell Completes Transfer Of Indonesian Petrol Station Business To Sefas Group

By Nik Nurfaqih Nik Wil

JAKARTA, Oct 30 (Bernama) -- Shell Indonesia has completed the transfer of its petrol station business to Indonesian company SEFAS Group, covering approximately 200 outlets nationwide, while retaining the Shell brand under a licensing agreement.

YYForce Deploys 11 Service Robots At Two Singapore Hotels

KUALA LUMPUR, Oct 30 (Bernama) -- YYForce Inc (YYForce) has deployed a fleet of 11 autonomous service robots at the Novotel Singapore on Stevens and Mercure Singapore on Stevens hotel complex under a 24-month commercial agreement.

Dialog Targets Additional RM3 Bln Investment In Pengerang Deepwater Terminals

JOHOR BAHRU, Oct 30 (Bernama) -- Dialog Group Bhd plans an additional investment of RM3 billion between 2027 and 2030 to support the continued development of the Pengerang Deepwater Terminals (PDT).

SkyDrive Teams Up With Six Singapore Tech Firms On eVTOL

KUALA LUMPUR, Oct 30 (Bernama) -- Japanese electric vertical take-off and landing (eVTOL) aircraft developer, SkyDrive Inc has signed a memorandum of understanding (MOU) with six Singapore-based technology companies for joint research, development and technical validation of key eVTOL components.

Govt Takes Targeted Approach To Assist Affected SMEs - Amir Hamzah

KUALA LUMPUR, Oct 29 (Bernama) -- The government is taking a targeted approach to assist small and medium enterprises (SMEs) affected by economic pressures, including through loan rescheduling and restructuring, as well as payment deferments.

EIG, Acwa Form US$4 Bln US Power Partnership

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)

YYForce Targets US$20 Mln Malaysian Revenue In FY2027

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)

Ras Al Khaimah Signs Fujian Pact, 10 MoUs In China 

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.