ECRL fares will start at RM60 from Gombak to Kuantan, ahead of a mid-December launch. Anwar's government is reworking the national haze plan around school closures, and Putrajaya says it has no more financial exposure to DNB.
AI
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MiniMax launches M3.1 Flash, claiming 70% lower agent costs
MiniMax says its new Flash model runs inference nearly three times faster and cuts the cost of agentic tasks by 70% compared with its predecessor. It is priced at $0.15 per million input tokens and $0.60 per million output tokens. The weights will be released later.
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AI assistant startup Town raises $108M at a $1B+ valuation
Forerunner and Menlo co-led the Series B, four months after Town's public launch. Founded by former Plaid CTO Jean-Denis Greze, Town gives every employee an AI assistant that connects to email and calendars. It has raised at least $160M in total.
Tech
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Ahold Delhaize reports a cyber incident to Dutch police as US store websites stay offline
The supermarket group blames "malicious actions of others". Albert Heijn's online deliveries are halted until at least Thursday, and US chains such as Stop & Shop and Food Lion remain offline. It says there is no evidence customer data was stolen.
Malaysian News
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ECRL fares start at RM60 to Kuantan and RM125 to Kota Bharu
The Cabinet approved dynamic fares for the East Coast Rail Link, with discounts of 50% for children, seniors and the disabled and 40% for students. Ticket sales are expected to open in mid-November, and commercial operations are targeted for mid-December 2026.
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Anwar: haze plan being reworked to cover school closures and remote learning
After chairing the disaster council, Anwar said the Education Ministry will prepare for learning to continue if schools close. Cloud seeding will also get the funding it needs. The council also heard about the coming monsoon and a possible Super El Niño next year.
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Data centres' peak power demand in Peninsular Malaysia to reach 8.39GW by 2030
In a written parliamentary reply, the energy transition ministry projected Johor at 4.42GW and Selangor at 1.48GW. Forty-five operating data centres already have 6.04GW of supply capacity. Projected water demand in the two states is 389 million litres a day by 2030.
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Court of Appeal revives 1MDB bid over the $3.7B judgment against Jho Low
The court ordered 1MDB's application to set aside its 2022 default judgment against Jho Low and his father to be heard afresh by a different High Court judge. 1MDB wants the case to go to full trial. Case management is set for 26 October.
Malaysian Telco
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Fahmi: government's financial exposure to DNB is now zero, with no further aid
Fahmi said DNB's RM5.2b Islamic financing refinanced its government-guaranteed credit facility, leaving the government with no DNB liabilities since the end of September. He expects the 5G network operator to be fully self-financed from now on.