Energy

PETRONAS invests another RM7.5bil in Pengerang Integrated Complex

JOHOR BAHRU: Petroliam Nasional Bhd (PETRONAS) has made new investments totalling RM7.5 billion at the Pengerang Integrated Complex (PIC) near Kota Tinggi.

STARPICKS

DRIVING INNOVATION IN THE AUTOMOTIVE INDUSTRY

KUALA LUMPUR: The Kuala Lumpur International Mobility Show (KLIMS) 2024 is set for a highly anticipated return in December this year.

Myanmar

Thai military accused of beating Myanmar man to death

BANGKOK: A human rights organisation on Thursday (Nov 14) accused the Thai military of torturing and killing a Myanmar man near the border between the two countries this year.

Corporate News

Bumi Armada, MISC sign MoU to explore offshore business merger

KUALA LUMPUR: Bumi Armada Bhd has signed a non-binding memorandum of understanding (MoU) with MISC Bhd to explore the possibility of merging with the latter’s offshore business through an all-share transaction.

Nation

Motion sensors, warning lights proposed for wildlife roadkill hotspots

KUALA LUMPUR: The use of Internet of Things (IoT) technology and artificial intelligence (AI) through motion detection devices has been proposed at wildlife roadkill hotspots (where night collisions have killed six critically endangered Malayan Tigers in two years), says Nik Nazmi Nik Ahmad.

Nation

Euro 5 petrol introduction will not burden customers, says Nik Nazmi

KUALA LUMPUR:  The Natural Resources and Environmental Sustainability Minister has given his assurance that the introduction of Euro 5 petrol in September next year will not lead to an increase in fuel prices.

Nation

Family mourns Penang woman crushed to death by container

BUKIT MERTAJAM: The woman crushed by the container was thoughtful and so attentive that her siblings would often call her 'elder sister'.

Nation

Six religious school students from T'ganu strike gold in international innovation competition

KUALA TERENGGANU: Six students from SM Imtiaz Yayasan Terengganu Kuala Berang have won the gold medal for their innovative learning tools at the International Innovative Technology Summit 2024 in Beijing, China, held from Nov 7 to 11.

Other Sports

Exclusive-Saudi Arabia prioritizes sports for NEOM plans as costs balloon, sources say

RIYADH/DUBAI (Reuters) -Saudi Arabia has scaled back lofty ambitions for its NEOM gigaproject to prioritize completing elements essential to hosting global sporting events over the next decade as rising costs weigh, three sources told Reuters a day after the sudden departure of the project's longtime CEO.

Nation

LBS, partners embark on 10GW green hydrogen facility development project in Sabah

PETALING JAYA: LBS Bina Group Berhad (LBS) signed a memorandum of understanding (MOU) with Invest Sabah Berhad, Sabah Forestry Development Authority (Safoda) and Midwest Green Sdn Bhd on Nov 14 that confers it the role of master developer for the undersigned project.

Japan

Japanese government says not planning to abolish death penalty

TOKYO: (Bernama-Sputnik/RIA Novosti) The Japanese government does not plan to open a discussion on revising the issue of the death penalty and possibly abolishing it, Chief Cabinet Secretary Yoshimasa Hayashi said on Thursday (Nov 14), reported Sputnik/RIA Novosti.

Corporate News

Teo Seng Capital upbeat on 4Q outlook

KUALA LUMPUR: Teo Seng Capital Bhd is optimistic about its financial performance for the remaining three-month period ending Dec 31, 2024.

True Or Not

QuickCheck: Is the LHDN chief texting people to ask for help?

SCAMMERS tend to impersonate persons of authority, which makes victims more susceptible to being duped.

Nation

Daim's invaluable contributions to TH's revival will forever be remember, says Mujahid

KUALA LUMPUR: The invaluable contributions of the late Tun Daim Zainuddin, especially his pivotal role in the restructuring and recovery of Lembaga Tabung Haji (TH), will always be cherished, says Datuk Seri Dr Mujahid Yusof Rawa.

Technology

Samsung Electronics says it reaches preliminary wage deal with union

SEOUL (Reuters) -Samsung Electronics has reached a preliminary agreement with its main workers' union in South Korea for a wage increase of 5.1%, it said on Thursday.

Singapore

Singaporean man jailed for cheating victims of S$154,000 with promises of luxury items, investment returns

SINGAPORE: A man cheated seven people of more than S$154,000 in total by different methods, including convincing at least two to take part in an “investment scheme” that did not exist.

Motorsport

Motor racing-F1 to race in Monaco until 2031 with new June date

(Reuters) -Formula One's iconic Monaco Grand Prix will remain on the calendar until at least 2031 after a six-year extension was announced on Thursday with a date change to June that also avoids future clashes with the Indianapolis 500.

Indonesia

Indonesia's Mount Ibu erupts, triggering second-highest aviation alert

JAKARTA: (Bernama-Xinhua) Mount Ibu, located in Indonesia's North Maluku province, erupted on Thursday (Nov 14), sending a column of ash up to 3km high and prompting the second-highest aviation alert, according to the Volcanology and Geological Disaster Mitigation Centre.

Technology

Trump’s victory could ease regulatory path for Musk’s robotaxi, but hurdles remain

(Reuters) - As Tesla’s electric-vehicle sales have flattened this year, CEO Elon Musk has increasingly staked the company’s future on his vision for self-driving robotaxis, despite the massive technological and regulatory obstacles in delivering them.

Corporate News

Sunway REIT 3Q net profit dips to RM89.14mil but revenue increases over 9%

KUALA LUMPUR: Sunway Real Estate Investment Trust (Sunway REIT)’s net profit for the third quarter (3Q 2024) dipped to RM89.14 million from RM91.97 million last year.