<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Nov 13): Boustead Heavy Industries Corporation Bhd (BHIC) has been urged to develop local companies within the maintenance, repair and overhaul (MRO) supply chain for helicopters and weapons systems.</p></div>

<div class=newsTextDataWrapInner><p>Defence Minister Datuk Seri Mohamed Khaled Nordin said BHIC had expertise in the MRO of the Royal Malaysian Air Force's (RMAF) EC725 helicopters, as well as the maintenance of Bofors guns on Royal Malaysian Navy (RMN) vessels.</p></div>

<div class=newsTextDataWrapInner><p>"BHIC is part of the country's defence ecosystem and is upgrading its MRO capabilities to the depot level maintenance (D-level)," he said in a social media post on Friday.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Mohamed Khaled also urged BHIC to join the global aerospace supply chains of original equipment manufacturers (OEMs) to strengthen the local defence industry and reduce dependence on foreign expertise.</p></div>

<div class=newsTextDataWrapInner><p>Earlier, he received a courtesy call from a BHIC delegation led by its chairman&nbsp;Gen (Rtd) Tan Sri Roslan Saad.</p></div>

<div class=newsTextDataWrapInner><p><em>Uploaded by Liza Shireen Koshy</em></p></div>


KUALA LUMPUR (Nov 13): Boustead Heavy Industries Corporation Bhd (BHIC) has been urged to develop local companies within the maintenance, repair and overhaul (MRO) supply chain for helicopters and weapons systems.

BHIC urged to develop local firms in helicopter MRO, weapons systems supply chain

Nvidia has said US export controls have effectively shut it out of China's AI data-centre market, but a Reuters review has identified more than US$3 billion (RM12.3 billion) in Chinese computing projects built around the American chipmaker's restricted processors.

Huang exit and US scrutiny imperil US$3b in Chinese AI projects reliant on Nvidia

Malaysian palm oil prices are expected to be in a range of RM4,500 to RM5,000 per tonne until April 2027 as the production cycle of oil palm fruit is expected to enter a low-yield phase in February following El Niño-induced drought this year, leading analyst Dorab Mistry said on Friday.

Malaysian palm oil seen between RM4,500-RM5,000 per tonne until April, analyst Mistry says

China has "always opposed the abuse of export control measures", a foreign ministry spokesperson said on Friday when asked about tougher chip curbs the US is preparing to advance and whether China views these potential measures as violating the US-China trade truce.

China warns tougher US chip curbs could disrupt global supply chain

Attention will focus next week on a summit of US, Chinese and Russian leaders set for the 21-member gathering of the Asia-Pacific Economic Cooperation (APEC) forum in China's southern technology hub of Shenzhen.

Five features of APEC to know about with Trump, Putin and Xi set to attend

BENGALURU (Nov 13): Goldman Sachs on Friday raised its 12-month target for Europe's STOXX 600 index, saying European equities have the most to gain from relief on energy supply and prices.

Goldman Sachs lifts 12-month target for European stocks on energy price relief

Sarawak’s state-owned airline, AirBorneo, on Friday launched its inaugural flight from Kuching to Jakarta, marking the airline’s first route to Indonesia.

AirBorneo launches Kuching-Jakarta route

Japan-based 3D construction printing company V3D Asia is making its first commercial push into Malaysia, betting that faster construction, lower wall costs and greater design freedom could give the technology a foothold in the housing market. Through its Southeast Asian arm Nuvah Sdn Bhd, establi...

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Sumitomo Mitsui Financial Group and Mizuho Financial Group on Friday raised their profit forecasts for the financial year but flagged the prospect of a slowdown in investment into AI data centres.

Japan's megabanks raise annual earnings forecasts, flag data centre slowdown risk

Alta Sdn Bhd (Alta), a licensed equity crowdfunding platform, has experienced a data security incident, according to a notification email the platform sent to its investors.

ECF platform Alta experiences data security incident 

<p>A disruption of Microsoft services such as Outlook, Teams and Copilot stretched into Asia-Pacific business hours on Friday after affecting thousands of US users, as the tech giant struggled to fix server problems it blamed for the outage.</p>


Microsoft outage spills into Asia-Pacific business hours despite 'partial recovery'

<p>KUALA LUMPUR (Nov 13): Ministry of Investment, Trade and Industry (Miti) said on Friday that it has never cleared Singapore-based Megaspeed International Pte Ltd or its Malaysian affiliate Speedmatrix Sdn Bhd.</p>


Miti says never cleared Megaspeed or Malaysian affiliate Speedmatrix

<p>(Nov 13):&nbsp;Earlier this year, Malaysia’s Zetrix AI Bhd (KL:ZETRIX) was preparing to list its artificial intelligence unit on Nasdaq and had even built an AI avatar of Prime Minister Anwar Ibrahim. Now the onetime digital infrastructure star has lost more than 90% of its market value, is mired in debt and risks defaulting on its Islamic bonds.</p>


Ex-Malaysia digital star that built PM’s avatar is mired in debt

<p>Singapore charged a fifth person in a fraud case linked to the export of computer hardware suspected of containing Nvidia Corp chips subject to US trade restrictions.</p>


Singapore charges fifth person as Nvidia case expands

<p>Malaysia is weighing how to support AirAsia without risking public funds and will not simply pump money into the private airline, said Anthony Loke, who resigned this week as the nation's transport minister.</p>


Malaysia weighing how to aid AirAsia without risking public funds, ex-minister says

<p>SINGAPORE (Nov 13): Global stocks gave up early gains to trade lower on Friday after a turbulent week dominated by revelations of extramarital affairs involving Nvidia CEO Jensen Huang that culminated in his resignation, in a blow to the global AI boom he helped advance.</p>


Stocks struggle on Nvidia whiplash, dollar climbs with US yields

<p>KUALA LUMPUR (Nov 12): Lawyer Sangeet Kaur Deo has applied to the High Court to discharge herself from representing comedian Harith Iskander in a lawsuit brought by Datin Seri Rosmah Mansor.&nbsp;</p>


Harith Iskander's lawyer applies to withdraw from Rosmah's lawsuit

<p>The High Court has dismissed a bid to remove court-appointed administrators overseeing the RM1.6 billion inheritance belonging to the late Lim Siew Kim, daughter of the Genting founder.</p>


Siew Kim's son fails in bid to remove court-appointed administrators overseeing RM1.6 bil estate

<p>KUALA LUMPUR (Nov 13): Malaysia Airlines has held no discussions with the government about absorbing AirAsia Group Bhd’s (KL:AAGB) domestic market share or taking over its aircraft, amid reports of efforts to the budget carrier's financial pressures.</p>


Malaysia Airlines: No talks with govt taking over AirAsia’s routes or aircraft

<p>Malaysia’s Prime Minister Datuk Seri Anwar Ibrahim faces his third electoral test this year when the state of Melaka goes to the polls on Saturday, after a frantic week in which a key minister quit over the controversial transfer of jailed former PM Datuk Seri Najib Razak to house arrest.</p>


Anwar faces voter test after turbulent week in Malaysia politics

<p>KUALA LUMPUR (Nov 13):&nbsp; There has been no indication that artificial intelligence chips linked to the Nvidia-Megaspeed issue were exported from Malaysia, said Prime Minister Datuk Seri Anwar Ibrahim.m.</p>


PM: No indication AI chips were exported from Malaysia in Nvidia-Megaspeed case

<p>KUALA LUMPUR (Nov 13): PIE Industrial Bhd (KL:PIE) jumped on Friday after the electronic manufacturing services firm reported a stronger than expected quarter.</p>


PIE Industrial surges after better than expected results

<p>BENGALURU (Nov 13): Shares in Singapore Telecommunications (Singtel) gained the most in three months after posting a 10% rise in first-half underlying net profit on Friday, and raising its forecast for annual operating earnings from its core units.</p>


Singtel posts biggest gain since August on 1H profit rise, upgraded annual outlook

<p>Here's a heads up on what to look out for today.</p>


YOUR DAY AHEAD: Nov 13, 2026 

<p>The higher average selling prices (ASPs) that lifted Hartalega Holdings Bhd's (KL:HARTA) second-quarter earnings may be difficult to sustain in the coming quarter, as easing crude oil prices threaten to reverse the recent improvement in the rubber glove maker's margins, according to analysts.</p>


Hartalega's average selling price-driven 2Q boost is difficult to sustain — analysts

<p>Thousands of hectares of land on palm oil and pulpwood concessions run by large listed firms were burnt during Indonesia's worst fire season in years, highlighting the role of deforestation and land clearing, a study showed on Friday.</p>

<p>Indonesia's forest fires caused a spike in respiratory illness at home and triggered air pollution warnings and school closures across the region, with fire emissions surging to three times the seasonal average.</p>


Thousands of hectares burnt on land owned by listed Indonesian firms, study shows 

<p>The US budget gap widened to US$404 billion in October, up 42% from the same period a year earlier, Treasury Department data showed Thursday.&nbsp;</p>


US logs US$404 bil deficit in first month of fiscal year

<p>Delays in aircraft deliveries could disrupt Malaysia Airlines’ expansion plans and weigh on its future earnings, said its president and group chief executive officer Captain Nasaruddin A Bakar.</p>


Aircraft delivery delays could weigh on Malaysia Airlines’ earnings, expansion plans — CEO

<p>A leadership crisis at Nvidia Corp. curbed the appetite for riskier corners on Wall Street, with stocks also declining as a rally in oil prices lifted Treasury yields.</p>


Stocks fall on Nvidia rout as oil jump sinks bonds

<p>NEW DELHI/PERTH (Nov 13): Oil prices inched down on Friday and were headed for a second weekly decline as a continued US blockade of Iran eased fears of renewed fighting in the Middle East, though shipping attacks remained a supply risk.</p>
