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SINGAPORE, June 8 -- arrivia and KrisFlyer, the lifestyle rewards programme of the Singapore Airlines Group, are elevating member benefits with the launch of cruise bookings using KrisFlyer miles. This enhanced partnership offers KrisFlyer members expanded opportunities to utilise miles through KrisFlyer Cruise, arrivia's exclusive cruise platform. This enhanced partnership enables members to unlock high-value cruise holidays through KrisFlyer Cruise, arrivia's dedicated cruise platform, giving members more meaningful ways to use their miles. Now, members can redeem KrisFlyer miles on an extensive selection of cruise itineraries offered by over 40 world-leading cruise lines. With this latest enhancement, members can redeem KrisFlyer miles for a cruise or combine miles and cash  to unlock greater flexibility and access higher-value travel experiences, across over 30,000 itineraries operated by renowned cruise lines, including Royal Caribbean International, Disney Cruise Line, Princess Cruises, and more. These sailings span destinations worldwide, including key growth regions such as Southeast Asia and Australia, reflecting rising demand for cruise travel. KrisFlyer members can continue to earn 2 KrisFlyer miles for every USD 1 spent on cruise fares, creating an ecosystem where members can both earn and redeem within the same category, driving deeper engagement with the programme. John Williams, Chief Operating Officer (COO), arrivia International, said, "This partnership is about giving KrisFlyer members more meaningful ways to use their miles. Cruises represent one of the fastest-growing and highest-value travel categories, and by offering cruising as a redemption option to KrisFlyer members, we are enabling members to access more rewarding experiences while helping drive stronger engagement within the programme. With thousands of sailings globally and dedicated cruise specialists, we are making cruise more accessible than ever."    Easy Steps to Book a Cruise Visit https://krisflyercruise.com Log in with KrisFlyer membership details Browse and select from thousands of itineraries Book online or connect with cruise experts for personalized assistance The launch comes at a pivotal time, as cruising continues its strong growth trajectory globally and across Asia Pacific. In 2025, the cruise industry reached a record 37.2 million passengers worldwide, marking a 7.5% year-on-year increase, with continued momentum expected in the years ahead. As demand for cruise travel rises and repeat intent remains strong, KrisFlyer members can now enjoy a more seamless travel journey that extends beyond air travel into end-to-end holiday experiences at sea.   Social Media & Website Instagram: @KrisflyerCruise KrisFlyer Cruise Website: https://krisflyercruise.com/ ABOUT KRISFLYER: KrisFlyer is the lifestyle rewards programme of the Singapore Airlines Group, with over 11.8 million members worldwide. Members enjoy extensive earn and redemption opportunities across flights, shopping, dining and travel experiences through Singapore Airlines, Scoot, KrisShop, Kris+, Pelago and more than 1,700 global partner brands. ABOUT ARRIVIA: arrivia is a global leader in travel loyalty and rewards solutions, helping brands expand redemption ecosystems and drive deeper member engagement through high-value travel experiences and technology-enabled loyalty solutions. --  PRNewswire --  Source: arrivia

Arrivia and KrisFlyer Expand Partnership to Launch Cruise Redemptions with Miles

SINGAPORE, June 8 — arrivia and KrisFlyer, the lifestyle rewards programme of the Singapore Airlines Group, are elevating member benefits with the launch of cruise bookings using KrisFlyer miles. This .... read more

KUALA LUMPUR, Jun 8 -- Total airline net profit in 2026 is expected to reach US$23 billion (US$1 = RM4.02), half the previous forecast of US$41 billion, due to disruptions in West Asia involving war and high fuel prices, said the International Air Transport Association (IATA). “At the geographic epicenter of the West Asian war, airlines in West Asia are expected to collectively suffer losses due to weak demand and operational disruptions. "All other regions are expected to record gains, but at a lower level than previously projected," it said in a statement on Sunday. Total industry revenue is expected to reach US$1.16 trillion in 2026 (up 9.4 percent from US$1.065 trillion in 2025), while passenger load factors are forecast to continue to hit a record high with airlines expected to fill 84.0 percent of all seats throughout the year. This is an increase from 83.5 percent in 2025. Among other things, the number of passengers is expected to reach 5.1 billion in 2026 (up 2.4 percent compared to 2025) and the number of cargo is expected to reach 71.7 million tonnes in 2026 (up 0.2 percent compared to 2025). Commenting further, IATA Director General Willie Walsh said airlines from Gulf countries faced operational uncertainty due to the almost complete closure of airspace when the war began. The airline has done an amazing job of maintaining connectivity, but a huge financial impact is inevitable. “Even in the best of circumstances, the aviation industry as a whole suffers from low margins and returns below the cost of capital. "The sharp rise in oil prices has tested the financial resilience of airlines as net margins have been reduced to two percent worldwide," he said. He said airlines were bearing the brunt of the sudden increase in fuel prices. "Even though airfares increase, airlines still absorb part of the increase through their net profits. “Net profit per passenger is expected to drop to US$4.50, half of last year's amount. “In this situation, it shows resilience, but it won’t allow you to buy hot dogs at most FIDA World Cup venues and it doesn’t leave much of a surplus should other costs or taxes start to increase,” Walsh said. As for fuel costs, IATA said they are expected to increase by almost 40 percent to US$350 billion in 2026 from US$252 billion in 2025. This is based on an expected average crude oil price of US$95 per barrel (Brent) for this year, up 37 percent from US$69 in 2025. According to the association, jet fuel prices are expected to average US$152 per barrel this year, an increase of almost 70 percent from US$90 in 2025. "The difference between the price of crude oil and the price of refined products (the premium for jet fuel over Brent crude oil) is expected to reach an average of US$57 per barrel, the highest level in history," said IATA, which represents more than 370 airlines accounting for about 85 percent of global air traffic. — BERNAMA

West Asian conflict, high fuel prices affect airline industry profits in 2026

KUALA LUMPUR, Jun 8 — Total airline net profit in 2026 is expected to reach US$23 billion (US$1 = RM4.02), half the previous forecast of US$41 billion, due to disruptions .... read more

KUALA LUMPUR: The Malaysian Convention and Exhibition Bureau (MyCEB), with the support of Tourism Malaysia Almaty and the Malaysian Embassy in Uzbekistan, successfully organised its first MyCEB Sales Call Programme and Malaysian Business Events Seminar in Almaty, Kazakhstan on 2 June and in Tashkent, Uzbekistan on 4 June. MyCEB said in a statement that the initiative marks Malaysia's first dedicated business event involvement in Kazakhstan and Uzbekistan, reinforcing MyCEB's commitment to expanding the country's presence in the rapidly developing international market, as well as positioning Malaysia as a leading business event destination in Asia. "The program brings together representatives from the tourism industry, corporate sector, event organizers and the meetings, incentives, conferences and exhibitions (MICE) industry from Kazakhstan and Uzbekistan. "This engagement serves as a dedicated platform to showcase Malaysia's advantages as a preferred business event destination, highlighting the country's capabilities in organising international meetings, conferences, exhibitions and incentive tourism programmes," the statement said. During the program, MyCEB presented highlights on Malaysia's competitive advantages as an international business events destination, including its world-class infrastructure, modern hospitality sector, extensive international connectivity, competitive value proposition and strong government support for the business events industry. Meanwhile, MyCEB Chief Executive Officer, Tan Mei Phing said, Central Asia represents a promising growth market for the Malaysian business events industry, with the inaugural engagements in Kazakhstan and Uzbekistan aimed at strengthening industry ties, creating new opportunities for collaboration and positioning Malaysia as the preferred gateway for international business events in Southeast Asia. Tourism Malaysia Almaty Office Director, Nor Shazly Azmi said, supported by modern infrastructure, robust air connectivity, government support and a portfolio of world-class venues, Malaysia offers attractive advantages for business events of all scales. "Kazakhstan and Uzbekistan continue to show encouraging growth as emerging markets for Malaysia. Improved connectivity and growing interest in Malaysia provide great opportunities to strengthen tourism and business ties between these regions," he said. According to MyCEB, the program in Almaty also featured a tourism presentation by Tourism Malaysia Almaty, showcasing Malaysia's leisure, luxury, family and business tourism offerings to the Kazakhstan market. “Participants were introduced to the various offerings of Malaysian business events, in addition to the growing appeal of leisure travel experiences that combine business and leisure tourism. "The seminar also facilitates networking and future collaboration opportunities between Malaysian and Central Asian industry stakeholders," he said. The programme highlights the growing potential for cooperation between Malaysia and countries in Central Asia in tourism, trade and business engagement, in line with the Visit Malaysia Year 2026 campaign, MyCEB said. -- BERNAMA

MyCEB strengthens Malaysian business event presence in Central Asia

KUALA LUMPUR: The Malaysian Convention and Exhibition Bureau (MyCEB), with the support of Tourism Malaysia Almaty and the Malaysian Embassy in Uzbekistan, successfully organised its first MyCEB Sales Call Programme .... read more

KUALA LUMPUR,JUNE 5 -- Crude oil and condensate production recorded a year-on-year decrease of 5.5 percent to 43 million barrels in the first quarter of 2026 (Q1 2026) compared to 45.5 million barrels for the same period last year. Chief Statistician Datuk Seri Mohd Uzir Mahidin said the decline was due to a reduction in crude oil production, which contracted by 9.4 percent to 28.1 million barrels from 31.5 million barrels previously. "However, condensate production showed growth of 3.0 percent to 14.9 million barrels compared to 14.4 million barrels in the first quarter of 2025," he said in a statement today. The Department of Statistics Malaysia (DOSM) today released Petroleum and Natural Gas Mining Statistics for the First Quarter of 2026. In terms of composition, crude oil accounted for 65.4 percent of total condensate and crude oil production, while condensate accounted for 34.6 percent. Meanwhile, natural gas recorded production of 765.8 billion cubic feet, a decrease of 2.1 percent compared to a decrease of 1.0 percent in the previous quarter. However, monthly performance for the first quarter of 2026 showed a higher rate of change in March compared to the previous two months. Regarding foreign trade performance, Mohd Uzir said the export value of crude petroleum and condensate declined to RM5.2 billion in the first quarter of 2026, down from RM6.1 billion in the previous quarter. This decline is in line with refined petroleum production exports, which recorded a marginal decrease to RM22.9 billion compared to RM23.9 billion in the previous quarter. At the same time, liquefied natural gas (LNG) exports also recorded a decrease to RM12.9 billion this quarter compared to RM13.6 billion in the previous quarter. Regarding imports of crude petroleum and condensate, Mohd Uzir said it recorded a decrease to RM7.3 billion in the first quarter of 2026 compared to RM11.5 billion in the previous quarter. Imports of refined petroleum products also recorded a decline to RM22.3 billion compared to RM22.8 billion in the fourth quarter of 2025. "Meanwhile, LNG imports also decreased to RM1.3 billion compared to RM1.6 billion recorded in the previous quarter," added Mohd Uzir. -- BERNAMA

Crude oil, condensate production drops 5.5 percent to 43 million barrels – DOSM

KUALA LUMPUR,JUNE 5 — Crude oil and condensate production recorded a year-on-year decrease of 5.5 percent to 43 million barrels in the first quarter of 2026 (Q1 2026) compared to .... read more

SINGAPORE, June 5 -- DayOne Data Centers Limited ("DayOne"), a Singapore-headquartered global digital infrastructure platform, today announced the final closing of its Series C equity financing with total gross proceeds of US$4.5 billion. The Series C round was led by existing investors Coatue and Hillhouse, now DayOne's two largest shareholders, with participation from notable new investors including the Indonesia Investment Authority (INA) and Achi Capital Partners. Since its inception in 2022, DayOne has secured more than 1.5 gigawatts (GW) of total bookings for capacity in Asia Pacific and Europe, making it one of the largest and fastest-growing international digital infrastructure platforms. The Series C equity financing is expected to enable DayOne to accelerate its expansion in key markets including Singapore, Malaysia, Indonesia, Thailand, Japan, Hong Kong SAR, Finland and Spain. DayOne may continue to consider additional equity and debt financing options in the private and public markets, subject to its funding needs, market conditions and other considerations. About DayOne Data Centers DayOne Data Centers Limited ("DayOne") is a Singapore-headquartered global digital infrastructure platform that develops and operates next-generation data centers, with a footprint across markets in Asia Pacific and Europe. Trusted by leading global hyperscalers and enterprises, DayOne designs, builds and operates high-capacity, AI-ready campuses with speed, scale and reliability. Powered by its proprietary integrated delivery model and proven track record of pioneering and scaling new markets, DayOne unlocks strategic capacity to meet accelerating critical infrastructure demands. Established in 2022, DayOne has data center campuses in operation or under development in Singapore, Malaysia, Indonesia, Thailand, Japan, Hong Kong SAR, Finland and Spain. For more information, visit dayonedc.com. Important Notice This press release is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any securities of DayOne or any other entities. This press release contains forward-looking statements within the meaning of applicable securities laws, including statements about DayOne's or certain of its investors' beliefs and expectations regarding DayOne's business, operations and prospects. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. -- PRNewswire -- Source: DayOne Data Centers Limited

DayOne Data Centers Announces Final Closing of its Series C Equity Financing at US$4.5 Billion

SINGAPORE, June 5 — DayOne Data Centers Limited (“DayOne”), a Singapore-headquartered global digital infrastructure platform, today announced the final closing of its Series C equity financing with total gross proceeds .... read more

SINGAPORE, June 5, -- TenPay Global, Tencent Financial Technology's cross-border payment platform, today announced the launch of its innovative "Remit to China for Non-Chinese Citizens" feature. International users holding foreign passports can now send remittances directly from their home country to China. This enhanced feature provides a seamless solution for international users to enjoy greater flexibility and convenience for their payment needs across China. TenPay Global's cross-border remittance platform connects the Weixin ecosystem with global remittance institutions. It has currently partnered with over 60 major international banks and remittance institutions, including DBS, Panda Remit, LemFi, Remitly, Wise, Gmoneytrans, Hanpass and GME, supporting remittances to China from over 100 countries and regions worldwide. Services are available 24/7, with funds arriving within minutes, ensuring security, compliance, and convenience. Foreigners residing in China can receive remittances within the country using their mobile numbers linked to WeChat. Once the funds have been credited, international users can directly utilize funds to access a full suite of lifestyle services conveniently —including online shopping, mobile top-ups, and utility bill payments—meeting their diverse payment needs across various scenarios such as working, studying, traveling, and daily living in China. TenPay Global is committed to connecting the Weixin ecosystem with global partners, continuously expanding the reach and service scenarios of cross-border payments. In addition to cross-border remittances, it further upgraded Weixin Pay's "Pay with Your Home E-Wallet" services through China's unified cross-border QR-code gateway, provides diverse payment options for international visitors to China to enhance the travel and spending experience for international visitors and support cross-border tourism and cultural exchange. TenPay Global has partnered with over 40 overseas wallets globally, supporting more overseas wallets to make payments in Chinese mainland through Weixin Pay QR codes. Currently, 36 e-wallets from 13 different countries and regions have gone live, including PayPal (US), LiquidPay and ChangiPay (Singapore), ZaloPay and MOMO (Vietnam), BCEL (Laos), and HiPay (Mongolia). About TenPay Global TenPay Global is Tencent's cross-border payment platform, comprising a network of licensed financial institutions under Tencent. By connecting the Weixin ecosystem, global payment partners, and international users and scenarios, TenPay Global provides end-to-end payment solutions for cross-border remittances, consumption, and commerce. Backed by years of industry experience and a robust risk management framework, TenPay Global delivers world-class standards in system reliability, fund security, and regulatory compliance. Official Website: TenPay Global -- PRNewswire -- Source: TenPay Global

TenPay Global Launches “Remit to China for Non-Chinese Citizens” -A New Feature For International Users to Send Funds Directly to China

SINGAPORE, June 5, — TenPay Global, Tencent Financial Technology’s cross-border payment platform, today announced the launch of its innovative “Remit to China for Non-Chinese Citizens” feature. International users holding foreign .... read more

BEIJING, June 4,-- While occupying an increasing portion of local people's leisure time, sports are now not only about competitions in the east China city of Rizhao, but also a vigorous engine empowering a dynamic local economy. Thanks to its advantageous natural resources, the city has built many sports venues and facilities including the Olympic aquatic sports town, Xianghe Sports Park, international football center, and tennis centers to spur local sports economy. With 61.8-kilometer-long seaside and mountain-view greenways open to the public, a model sightseeing route that spans 64 kilometers takes shape, adding diversity to the city's lively circles of sports surrounding mountains, seas, hot springs, forests and sports venues. Under such circumstances, the city becomes a popular choice for large-scale sports competitions and the sports circles become new spaces for locals to keep fit, purchase sports goods and spend leisure time. Among the sports competitions of varied types, road races boast the highest local participant basis. For instance, the Rizhao leg of 2024 national employee marathon series triggered a local family travel spree, helping the city's tourism, catering and accommodation operators directly rake in 12.40 million yuan of revenues. Since then, travel spurred by sports contests, where one family member participates and the whole family travels and spends, has emerged as the new normal for tourism sector in Rizhao. In tennis sector, the city hosts national tennis team championships every year and has crafted an indigenous sports IP, the "Sun City" Tennis Open, to further sharpen its sports fan economy. Trending among tennis lovers, "playing tennis in Rizhao" is nowadays a stylish way of travel as huge crowds of tennis fans are drawn to the city of Shandong Province from other regions across China. In football sector, Rizhao international football center built under European standards hosts not only football contests, but also related training activities and commercial performances to foster commerce and tourism. As these facilities and the thriving sports economy bring notable foot traffic, investors are also betting on surrounding projects such as an international angling center to seek fortune there. Unsurprising is also Rizhao's expanding market share in the premium sports equipment sector. When a local producer sells products to 80-plus countries via enabling fitness devices with tech-driven service, it echoes with the city in purchasing growth from innovative boosters. -- PRNewswire -- Source : Xinhua Silk Road

Xinhua Silk Road: Sports contests inject new impetus into local economy in E China’s Rizhao

BEIJING, June 4,– While occupying an increasing portion of local people’s leisure time, sports are now not only about competitions in the east China city of Rizhao, but also a .... read more

KUALA LUMPUR, 4 JUNE 2026 – Yalla Commerce, the UAE-born Global E-Commerce Summit, has announced Malaysia as the first host country for its launch edition, with Kuala Lumpur selected as the starting point for its multi-city global summit series. The decision reflects Malaysia’s growing role in Southeast Asia’s digital commerce landscape and Yalla Commerce’s vision to create a stronger digital trade corridor between the UAE and Malaysia, connecting founders, platforms, investors, ecosystem partners and industry leaders across both regions. “Malaysia was a clear choice for the launch of Yalla Commerce,” said Arfa Hussain, CEO of Yalla Commerce. “The country has one of the most active and promising e-commerce ecosystems in Southeast Asia, with ambitious founders, growing digital adoption and strong regional potential. By launching in Kuala Lumpur, we want to bring UAE and Malaysian industry leaders together to create meaningful cross-border conversations, unlock new opportunities and support e-commerce founders as they prepare for the next phase of growth.” The launch comes at a time when e-commerce founders are operating in one of the fastest-changing periods the industry has seen. Geopolitical shifts, rising operating costs, shipping and logistics challenges, changing consumer behaviour and the rise of AI-powered commerce are reshaping how businesses sell, scale and expand. Yalla Commerce is being introduced to bring these conversations into one place - helping founders and operators understand what is changing, learn from regional industry leaders, adapt to new market conditions and explore digital trade opportunities between Malaysia, the UAE and the wider region. Taking place on 11 August 2026 at Nexus, Connexion Conference & Event Centre in Kuala Lumpur, the launch edition of Yalla Commerce is expected to host around 1,000 attendees, including e-commerce industry leaders, founders, entrepreneurs, investors, platforms, brands and ecosystem partners from Malaysia, the UAE and the wider region. Early Bird registration will officially open on 10 June 2026. Attendees are encouraged to secure their place early, as only 300 public passes will be released for the inaugural edition of the summit. The summit will address the real business questions e-commerce founders are facing today: reducing operational costs through AI, improving customer acquisition as ad costs rise, understanding new consumer psychology, building stronger payment and logistics systems, expanding beyond local markets and preparing brands for scale and investment. For founders and operators, Yalla Commerce will create access to new growth opportunities, partnership opportunities and scaling opportunities at a time when the industry is changing faster than ever. The businesses that succeed in the next phase of e-commerce will be the ones that adapt early, use technology effectively, build stronger operations and connect with the right regional partners. The summit will bring investors, platform leaders, payment and logistics experts, regional ecosystem partners and industry decision-makers into one environment, giving attendees access to the conversations and relationships that can help shape their next stage of growth. Beyond keynote sessions and panel discussions, the event will feature practical workshops, business matchmaking, networking experiences and interactive brand activations designed to create meaningful value for founders, participating brands and industry partners. For Malaysia’s e-commerce community, the summit comes as a major opportunity for founders to stay ahead of competition, understand how the industry is changing, and learn how to operate in the new era of e-commerce. As costs, technology, consumer behaviour and cross-border opportunities continue to evolve, Yalla Commerce will give founders access to the conversations, leaders and partnerships that can help them prepare for what comes next. By launching in Kuala Lumpur, Yalla Commerce will place Malaysia at the centre of its first global summit edition, connecting Southeast Asia’s fast-growing e-commerce ecosystem with the UAE’s strengths in trade, logistics, digital business and regional expansion. Following its Malaysia launch, Yalla Commerce will host its upcoming editions in Singapore, Saudi Arabia, Qatar and Dubai, building a regional platform where e-commerce founders can connect, learn and access new growth opportunities. For e-commerce founders, this is not just another industry event. Yalla Commerce is being built as a summit where the most important questions facing online businesses today are discussed with the people shaping the answers.

MALAYSIA TO HOST YALLA COMMERCE GLOBAL E-COMMERCE SUMMIT, BRINGING UAE AND MALAYSIAN INDUSTRY LEADERS TOGETHER

KUALA LUMPUR, 4 JUNE 2026 – Yalla Commerce, the UAE-born Global E-Commerce Summit, has announced Malaysia as the first host country for its launch edition, with Kuala Lumpur selected as .... read more

TOKYO, June 4, 2026 /PRNewswire/ -- Casio Computer Co., Ltd. announced today the release of the GWR-B3000, a new addition to the GRAVITYMASTER line of G-SHOCK shock-resistant watches. Featuring a newly developed movement and tough construction, the GWR-B3000 is engineered to deliver accurate timekeeping and durability in the demanding environment of the aircraft cockpit, where vibration and impact are constant challenges. The GWR-B3000 is equipped with the newly developed TOUGH MVT. 2 (Tough Movement 2), designed to maintain accurate timekeeping even during flight. Building on the capabilities of the original TOUGH MVT.,*1 the new movement adds two functions that autonomously respond to shock and magnetic fields. The auto hand home position correction with shock detection expands on the conventional periodic automatic time correction. When the watch detects a strong impact, it instantly corrects hand positions to maintain accurate time display. The magnetic detection function pauses hand movement upon sensing a strong magnetic field, preventing the hands from drifting out of position. Once the magnetic field disappears, normal operation resumes while maintaining accurate timekeeping. *1 A solar-powered analog movement with automatic time correction, engineered for outstanding precision, reliability, and usability. The watch is built with a dual hollow case structure composed of multiple precision components, engineered using AI-powered shock-resistance analysis. Extensive simulations of impact, centrifugal force, and vibration were conducted to optimize each component. Multiple metal components — precisely crafted through metal injection molding (MIM)*2 — are combined with resin shock absorbers, resulting in a slimmer profile. This delivers a comfortable fit on the wrist without compromising the shock resistance required to absorb impact. *2 A manufacturing process that combines injection molding and sintering techniques. The watch also employs a newly developed matte dial, where microfabricated surface textures diffuse incoming light and reduce reflection. This makes the time easy to read at a glance during flight, ensuring excellent visibility even in direct sunlight. Source: CASIO COMPUTER CO., LTD

Casio to Release G-SHOCK Engineered for Precision and Toughness in Extreme Aerial Conditions

TOKYO, June 4, 2026 /PRNewswire/ — Casio Computer Co., Ltd. announced today the release of the GWR-B3000, a new addition to the GRAVITYMASTER line of G-SHOCK shock-resistant watches. Featuring a .... read more

KUALA LUMPUR, June 3 -- Malaysia’s gas supply remains sufficient for now, with the majority of the country’s electricity generation supported by domestic sources, according to Science, Technology and Innovation Minister Datuk Chang Lih Kang. He said authorities continue to monitor developments in the industry. “About 80 per cent of electricity generation in Malaysia is supported by domestic sources, so we are not too dependent on external supplies. “For now, supply is adequate, and there is no cause for major concern,” he told reporters after launching the ‘Revolutionising Industry with Graphene’ initiative here today. Meanwhile, Gas Malaysia Bhd president and chief executive officer Azli Mohamed said the industry is not facing any supply constraints, with the company’s primary source of gas coming from Petroliam Nasional Bhd (Petronas). “Our reliance on the Middle East is minimal. Our supply comes mainly from domestic sources and Australia. Essentially, there are no issues meeting industry demand, and we are able to supply our more than 1,000 customers,” he said. However, Azli noted that the industry could still face indirect challenges, including higher transportation costs and supply chain disruptions. He cited the rubber industry as an example, as it depends on raw materials sourced from countries such as South Korea and China. -- BERNAMA

Gas Supply For Domestic Use Remains Sufficient, Says Minister

KUALA LUMPUR, June 3 — Malaysia’s gas supply remains sufficient for now, with the majority of the country’s electricity generation supported by domestic sources, according to Science, Technology and Innovation .... read more

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