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Airwallex Secures Majority Stake In Indonesia’s PT Skye Sab

KUALA LUMPUR, Dec 12 (Bernama) -- Airwallex has acquired majority ownership of PT Skye Sab Indonesia, a PJP Category 1 licence holder, strengthening its position across Southeast Asia and expanding access to its global financial infrastructure for Indonesian merchants.

Denodo Secures Sixth Straight Leader Position In Gartner Report

KUALA LUMPUR, Dec 12 (Bernama) -- Denodo, a data management company, has been named a Leader for the sixth consecutive year in Gartner’s 2025 Magic Quadrant for Data Integration Tools.

Malaysia’s Tune Protect Re Credit Ratings Affirmed By AM Best

KUALA LUMPUR, Dec 12 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb+” (Good) of Malaysia’s Tune Protect Re Ltd (TPR) with a stable outlook on these credit ratings (ratings).

Hometown Hainan Coffee Plans RM50 Mln Expansion Over Next Five Years

KUALA LUMPUR, Dec 12 (Bernama) -- Malaysian casual dining chain Hometown Hainan Coffee plans to invest RM50 million in network expansion nationwide over the next five years.

3Degrees Appoints David Dines To Board Of Directors

KUALA LUMPUR, Dec 12 (Bernama) -- A renewable energy and climate solutions company, 3Degrees, has appointed veteran global executive David Dines to its Board of Directors, effective Dec 8.

AM Best Affirms Excellent Credit Ratings Of China’s Qianhai Reinsurance

KUALA LUMPUR, Dec 12 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of China’s Qianhai Reinsurance Co Ltd (QHR).

Patton’s CopperLink CL-SFP Ethernet Extender Wins 2025 Innovators Award

KUALA LUMPUR, Dec 12 (Bernama) -- Patton, a United States-based networking and communications technology manufacturer, announced its CopperLink CL-SFP Ethernet Extender has won the 2025 Innovators Award from Cabling Installation & Maintenance magazine.

AM Best Lifts New India Assurance Outlook To Positive

KUALA LUMPUR, Dec 12 (Bernama) -- AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term issuer credit rating (Long-Term ICR) of “bbb+” (Good) of The New India Assurance Company Limited (New India).

FELDA’s 2022 And 2023 Annual Reports To Be Tabled In Parliament Next Year

KUALA LUMPUR, Dec 11 (Bernama) -- The Annual Report and Financial Statements of the Federal Land Development Authority (FELDA) for 2022 and 2023 will be presented and distributed in Parliament in 2026.

Genting Bhd To Be Included In Three FTSE4good Indices, Effective Dec 22

KUALA LUMPUR, Dec 11 (Bernama) -- Genting Bhd will be included for the first time in three of the FTSE4Good indices, which are the FTSE4Good Bursa Malaysia Index, FTSE4Good ASEAN 5 Index, and FTSE4Good Emerging Index, with the inclusion taking effect on Dec 22, 2025.

Bodor Laser Solution Targets North American Structural Steel Growth

KUALA LUMPUR, Dec 11 (Bernama) -- Bodor Laser has introduced its integrated profile-processing solution to support growth in North America’s structural steel sector, driven by federal infrastructure spending and private-sector investment.