Latest news with #MoU
The Star
3 days ago
- Business
- The Star
Malaysia-Thailand collaboration in agriculture set for major expansion
BANGKOK, May 30 (Bernama) -- Malaysia is committed to renewing the Memorandum of Understanding (MoU) on Agricultural Cooperation with Thailand, said Agriculture and Food Security Minister Datuk Seri Mohamad Sabu. He stated that the Malaysia-Thailand MoU, which has been in place for over 50 years, requires a comprehensive review and improvement of most of its terms. "The MoU reflects our shared goals of strengthening bilateral collaboration in areas such as sustainable agriculture, technology transfer, research, and food security. "We have submitted our latest draft of the MoU to the Thai ministry, and we hope to receive their feedback soon," he told Bernama on Friday. Earlier, Mohamad, who led the Malaysian delegation on a four-day working visit to Thailand, made a courtesy call on Thailand's Agriculture and Cooperatives Ministry, Narumon Pinyosinwat, before both parties held a bilateral meeting. Mohamad noted that Malaysia, aims to achieve a higher self-sufficiency level in agricultural production by 2030. This goal is to be realised through a sustainable, resilient, and technology-driven agro-food industry that prioritises food security. "Our discussions today reaffirm the strong and enduring partnership between Malaysia and Thailand in the agriculture sector. "I am encouraged by the shared commitment to deepen our collaboration and address common challenges in food security, sustainable agriculture, and innovation," he said. He also highlighted that Thailand is Malaysia's main trading partner in the agri-food sector and selected agricultural products. "Bilateral agricultural trade between Malaysia and Thailand continued to show positive performance in 2024, with the total trade value of agricultural products reaching RM20.96 billion. "This trade trend highlights the growing potential of food and agricultural product trade and demonstrates significant opportunities for both countries to further elevate the value of agricultural trade," he added. Later, Mohamad officiated the Malaysian Pavilion at the THAIFEX-Anuga Asia 2025, Asia's premier food and beverage trade show. Approximately 137 Malaysian companies participated in the trade show, held at IMPACT Muang Thong Thani from May 27 to 31. -- Bernama
The Hindu
4 days ago
- Business
- The Hindu
U.P. govt signs MoU with Australia's Monash University to elevate State's education standards
The Uttar Pradesh government on Thursday signed a Memorandum of Understanding (MoU) with Australia's Monash University, aimed at elevating the state's education system to international standards, an official statement issued here said. The signing took place in the presence of Chief Minister Yogi Adityanath. The agreement aims to provide students and faculty members from basic, secondary, and higher education institutions across the state with a global platform for research, innovation, training, and technical collaboration. Speaking at the MoU signing ceremony, the Chief Minister said that the State government saw education not just as a way to earn degrees, but as a key driver of the state's overall development. 'This partnership will incorporate quality, innovation and global perspective in the education system of the state and will prove helpful in preparing the youth for global competition,' he added. He said that the MoU in line with the National Education Policy 2020 would promote multi-dimensional learning, skill development, and international cooperation. Referring to the State's earlier collaboration with Western Sydney University, the Chief Minister said the new tie-up with Monash University is another major step toward meeting global education standards. Gautam Buddha University will be the central hub for implementing this partnership, and its vice chancellor has been directed to ensure the successful discharge of this responsibility, he added. The Chief Minister highlighted India's ancient tradition of knowledge, recalling the Vedic saying, "Let noble thoughts come to us from all directions of the world," and described the MoU as a modern expression of this timeless vision.
Arabian Business
5 days ago
- Business
- Arabian Business
UAE's Etihad Credit Insurance reports over 15% jump in insured turnover to AED 16.2bn in 2024
The two have signed a MoU on this, which, among other things, sets out a framework for the ministry to facilitate trade and investment meetings through its diplomatic missions abroad
Business Standard
5 days ago
- Automotive
- Business Standard
Jupiter Wagons arm signs MoU with Pickkup to boost EV adoption in logistics
Jupiter Wagons said that its electric vehicle arm, Jupiter Electric Mobility (JEM), has signed an Memorandum of Understanding (MOU) with Pickkup, a Delhi-based logistics platform, to promote electric vehicle usage in the logistics industry. Pickkup is a fast-growing EV-first logistics company with a presence across key NCR cities and tier-2 markets like Mohali and Chandigarh. Focused on electric mobility, it has a scalable delivery infrastructure with 3W and 4W commercial EVs, offering customised on-demand, corporate, and warehouse solutions. The partnership aims to deploy 300 units of JEM TEZ, JEM's top-of-the-line electric light commercial vehicle, in Pickkup's growing EV fleet by the end of this year. The collaboration kicks off with the successful delivery of the first batch of JEM TEZ vehicles under the MoU, following extensive pilot runs that showcased the exceptional capability of delivering real-world performance, range reliability, and operational efficiency across both intra-city and inter-city routes. The vehicles exhibited a consistent range of more than 190 km, reaching up to 220 km in a single charge across varying operating conditions ranging from heavy urban roads to intercity corridors such as Delhi to Chandigarh. Vivek Lohia, managing director, Jupiter Group, stated, Our mission at Jupiter Electric Mobility is to enable logistics providers with next-generation electric vehicles that exceed expectations in performance, sustainability, and profitability as well. Our alliance with Pickkup is a strategic move towards achieving India's ambitious clean mobility goals, facilitating the mass adoption of electric commercial vehicles in the logistics ecosystem. With Pickkup, we seek to transform last- and midmile logistics into a scalable, tech-enabled, and environmentally friendly ecosystem that fuels economic prosperity for operators while minimising carbon emissions. This partnership represents a strategic turning point in our journey to lead India towards clean transport and to help the logistics sector adopt a greener, smarter future. Ankush Sharma, co-founder and CEO of Pickkup, said, Im genuinely impressed with JEM Tez, it has nailed real-time challenges in this segment by offering CCS2 charging compatibility and delivering 30% more range on a single charge, all while supporting a 1050 kg payload. This creates a strong niche in the market. Were now set to deploy these vehicles for intercity logistics, where they can run up to 250 km daily while enabling higher earnings potential, which is made possible now with JEM Tez. Jupiter Wagons (JWL) is a provider of comprehensive mobility solutions, with diverse offerings across freight wagons, locomotives, passenger coach accessories, braking systems, commercial vehicles, ISO marine containers, and products such as couplers, draft gears, bogies, CMS crossings, brake disc, brake system, wheels, axles, wheel sets, electric commercial vehicle (e-LCV) and lithium batteries. The companys consolidated net profit fell 1.8% to Rs 103.26 crore on 6.4% decline in net sales to Rs 1,044.55 crore in Q4 FY25 over Q4 FY24. The scrip shed 0.04% to settle at Rs 400.65 on Tuesday, 27 May 2025.
Saudi Press
6 days ago
- Business
- Saudi Press
Saudi EXIM Bank Signs MoUs with Tajikistan's State Unitary Bank, AFESD to Enhance Access to Saudi Exports
Saudi EXIM Bank Signs MoUs with Tajikistan's State Unitary Bank, AFESD to Enhance Access to Saudi Exports Sunday 27/11/1446 Voice reader
