LCS

Datuk Seri Mohamed Khaled Nordin said total payments made for the construction of the second LCS are based on the signed contract.

Parliament's new session starts with focus on Sulu claims, online prostitution, and LCS project.

Tan Sri Azam Baki said investigation into the case took a long time as the MACC had made several applications, including tracing the money.

The report on LCS second generation patrol vessel project will be submitted every three months until the project is completed.

Although the progress of construction work has already started, there is a delay of one month in terms of overall progress of the project.

Datuk Abdul Rahman Ayob said they were still identifying suitable builders to carry out the project based on the specifications stipulated.

The Public Accounts Committee (PAC) plans to hold new proceedings regarding the progress of construction on the littoral combat ship (LCS) belonging to the Royal Malaysian Navy (TLDM).

Abdul Rahman said the contract which is being prepared by the Ministry of Defence would see several amendments to the timeline and costs.

Anwar said the prosecution done before did not even involve the main culprits behind the LCS project issues.

Mohamad said the operational testing involved two assessments, namely harbour and sea trials.

MITI's policy to encourage the use of EVs and the additional charging points for EVs nationwide will also be brought up.

The procurement of the first batch of the LCS has been reduced from six to five vessels after the application to continue the project was discussed again by the government.

The Ministry of Defence is satisfied with the latest status of the LCS construction project, with one of the six ships expected to be ready next year.

Defence Minister, Datuk Seri Mohamad Hasan said Mindef's mission is to 'complete the ships' by 2024.

The Littoral Combat Ship (LCS) project will be continued but subject to a review, said Defence Minister Datuk Seri Mohamad Hasan.

The move signals the US and China may ease their trade war, calming fears over tariff impacts on the global economy.

'We've been meeting with China' Trump says vaguely but gave no names or details.

Indonesia is prioritising its national interests in its ongoing negotiations over US tariffs, its senior economic minister says.

China does not seek war but is not afraid of it, and would fight if necessary, says Zheng Zeguang.

China supports dialogue and consultation "on equal footing" to settle trade and tariff disputes, says Finance Minister Lan Foan.

In Malaysia, a surprisingly small portion of agricultural land is dedicated to food production. Approximately 1.2 million hectares only are used for food crops, while the majority is used for oil palm (71.4%) and rubber (11.9%)

In such a scenario, it’s essential to pivot Malaysia’s food sovereignty via AgriTech.

NIAGA SPOTLIGHT features Dr Jay Desan, Co-Founder, BoomGrow and Chef Norazizi bin Taslim, Executive Chef, discussing BoomGrow - a homegrown AgriTech startup at the forefront of this transformation, via 5G-enabled, AI-powered vertical farms across Malaysia.

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Malaysia open to talks with US on trade deficit, non-tariff barriers, tech security, and possible bilateral trade deal.

Here are some highlights of recent US-Canada relations.

Trump's 25 pct steel tariffs mark his push to revive US manufacturing by taxing imports and boosting local industry.

This fast-growing region, namely ASEAN plus China will likely double in economic size over the next decade, says Dr Yao Tang.