15/08/2025

First page Previous page 15 Next page Last page

FRIDAY | AUG 15, 2025

BIZ & FINANCE

ZGC–JLand pact to make Johor Asean’s creative hub

FedEx rolls out AI-powered tools for seamless documentation KUALA LUMPUR: Federal Express Corporation (FedEx) recently launched two AI-powered tools – Customs AI and the Harmonized Tariff Schedule (HTS) Code Lookup Feature – across Asia-Pacific (Apac) markets. In a statement, FedEx said these solutions are designed to simplify the often-complex process of completing global shipping documents needed for international shipments, em powering businesses and individuals to ship with greater ease, accuracy and confidence. Inaccurate shipping documents remain a major challenge in global trade. To address this challenge, FedEx has integrated new tools into its FedEx Ship Manager platform on fedex.com, giving customers an intuitive way to navigate shipment requirements more seamlessly. “At FedEx, we are driven by our commitment to delivering flexibility, efficiency, and intelligence for our customers,” said FedEx senior vice-president of marketing & customer experience for Apac, Salil Chari. By leveraging advanced digital insights and intuitive tools, he added, they are empowering businesses with the agility to adapt, the efficiency to streamline operations, and the intelligence to make better decisions. “These innovations not only simplify global trade but also enable our customers to grow their businesses with confidence in an ever evolving marketplace,” he said. Currently available in Australia, Guam, Malaysia, New Zealand, Singapore, and the Philippines, Customs AI uses generative AI to simplify shipment documentation. It analyses customer inputs in real time, prompts for precise item descriptions, and helps select the correct HTS codes, which can be added to shipment documents with one click. Each suggested HTS code also includes a direct link to the official US HTS tariff schedule, educating customers on the selection and ensuring full transparency and verification. To further support businesses in navigating evolving trade regulations, FedEx offers a range of customer-centric initiatives including webinars designed to provide practical know ledge and insights on customs compliance and global shipping best practices. These webinars, combined with the robust FedEx suite of digital import solutions such as the FedEx Import Tool and Collaborative Shipping Tool, empower businesses to adapt confidently to dynamic trade environments.

PETALING JAYA: JLand Group (JLG), the real estate and infrastructure arm of Johor Corporation (JCorp), is expanding its global innovation network to unlock new engines of growth across its strategic developments. The signing of a three-year collaboration with ZGC International Holding Ltd, China’s cross-border innovation platform, marks a pivotal step in positioning Ibrahim Technopolis (IBTEC) and other JLG-led assets within the Johor–Singapore Special Economic Zone (JS-SEZ) as gateways for high-impact investment, technology transfer, and next generation industries. Structured under a non-binding MoU, the collaboration will focus on three core initiatives – supporting global tech companies in establishing operations within JLG industrial parks; joint efforts in marketing, intelligence sharing, and strategic co development within the JS-SEZ and co creating a regional hub for innovation, R&D, and ecosystem building in Johor. “This partnership is a strategic leap forward in scaling our ecosystems globally. o Partnership to boost tech, R&D, and investment in Malaysia’s southern growth corridor

From left: Akmal, Johor Corporation president & CEO, and JLG chairman Datuk Syed Mohamed Syed Ibrahim, ZGC International Holding Ltd chairman Zhou Rui and general manager Lu Jiang.

forward in strengthening how we manage fuel efficiency across the group. GE Aerospace’s technology enables us to make smarter, data informed decisions that support both our cost efficiency and sustainability strategies, helping us operate more efficiently and in turn, offer more competitive fares for our guests.” Meanwhile, GE Aerospace, Software as a Service general manager Andrew Coleman said Fuel Insight is all about empowering airlines with the data and tools they need to safely operate more efficiently and more sustainably. strategic execution. By bridging international capabilities with local development platforms, JLG aims to strengthen Johor’s position as a key node within Asean’s innovation economy – anchoring future-ready, inclusive growth. “This partnership reflects our commitment to build with purpose – not just physical assets, but resilient, innovation ready ecosystems. It’s not about scale alone, but about long-term value creation that empowers both global partners and local champions,” said Akmal. ZGC International Holding Ltd general manager Lu Jiang said that this partnership gives their network a strategic foothold in Johor, one of the region’s most dynamic and future-focused industrial destinations.

By leveraging advanced analytics and tools based on real flight and operational data, AirAsia’s operations team will be able to identify key opportunities to enhance fuel performance, improve route planning and reduce unnecessary burn. These insights are expected to drive cost savings and enhance operational reliability and sustainability by identifying opportunities to reduce unnecessary fuel burn. AirAsia Aviation Group deputy group CEO (Airline Operations) Datuk Captain Chester Voo said: “This relationship is a strategic step ZGC brings a tested innovation model and powerful global reach that will help connect IBTEC and JS-SEZ with future-focused companies, capital, and technologies,” said JLand Group managing director Datuk Akmal Ahmad. This collaboration comes as Johor’s shift towards high-value, innovation-led economic sectors. JLG is delivering on this vision by developing integrated, future-ready platforms that combine purposeful land development, advanced industrial infrastructure, and seamless cross-border linkages. More than a bilateral agreement, the collaboration with ZGC sets the stage for how JLG is shaping the next generation of industrial ecosystems – powered by global partnerships, technology exchange, and

AirAsia to boost fuel efficiency with GE Aerospace’s platform PETALING JAYA: GE Aerospace yesterday announced that AirAsia will be using Fuel Insight to strengthen its fuel efficiency strategy across its fleet.

This marks a renewed collaboration between AirAsia and GE Aerospace’s Software as a Service business, reinforcing the reliability and proven value of the technology platform. Fuel Insight will provide the AirAsia Aviation Group, including all its Air Operator Certificates (AOCs) in Southeast Asia, with a group-wide solution to help optimise fuel use and improve flight operations.

Education matters remain an important component of Malaysian society. Today the landscape is fast paced with new exciting developments in technology such as AI, coding, virtual reality, and cybersecurity, leading the way for changes in curriculum development. To showcase the latest and most updated content, we invite you join us in 2025, and be part of our Education Focus!

Malaysian Paper

Made with FlippingBook Digital Publishing Software