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AM Best Affirms ‘Good’ Credit Ratings For New Zealand’s Provident Insurance

KUALA LUMPUR, Dec 10 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) for New Zealand’s Provident Insurance Corporation Limited (PICL), with a stable outlook on these credit ratings (ratings).

IATA Optimistic On Malaysia’s Aviation Outlook As Regional Recovery Accelerates

From Kisho Kumari Sucedaram

GENEVA, Dec 10 (Bernama) -- The International Air Transport Association (IATA) remains upbeat about Malaysia’s aviation recovery in 2026 as the country stands to benefit from the Asia-Pacific market - the world’s fastest-growing air travel region.

MTDC Positions Malaysian Aerospace Players On The Global Stage At ASKL 2025

KUALA LUMPUR, Dec 10 (Bernama) -- The Malaysian Technology Development Corporation (MTDC) reinforced its role as the nation’s deep-tech enabler with the opening of Aeromart Summit Kuala Lumpur (ASKL) 2025 at the MATRADE Exhibition and Convention Centre (MECC).

Indonesia's TUGU Credit Ratings Affirmed, Outlook Revised To Stable - AM Best

KUALA LUMPUR, Dec 10 (Bernama) -- AM Best has affirmed PT Asuransi Tugu Pratama Indonesia Tbk (TUGU)’s financial strength rating (FSR) of A- (Excellent) and the long-term issuer credit rating (Long-Term ICR) of “a-” (Excellent), while revising the outlooks from negative to stable.

Horizon Quantum Launches Beryllium For Simplified Quantum Programming

KUALA LUMPUR, Dec 10 (Bernama) -- Horizon Quantum Computing Pte Ltd (Horizon Quantum), a pioneer of software infrastructure for quantum applications, unveiled Beryllium, a hardware-agnostic, high-level programming language designed to make quantum software development more accessible.

Penguin Solutions’ Latest DDR5 SODIMM Delivers Rugged, Wide-Temp Performance

KUALA LUMPUR, Dec 10 (Bernama) -- Penguin Solutions Inc has expanded its DDR5 memory portfolio with the launch of its SMART 64-gigabyte (GB) DDR5-6400 ECC CSODIMM module, engineered for high-performance computing across industrial, edge, telecom and networking systems.

Federal, State Govts Must Find Ways To Develop REE Industry - Liew

KUALA LUMPUR, Dec 10 (Bernama) -- The federal and state governments must find new ways to work together to develop a coherent rare earth elements (REE) industry, said Deputy Investment, Trade and Industry Minister Liew Chin Tong today.

Checkmarx Acquires Tromzo To Advance Autonomous AI-Powered AppSec

KUALA LUMPUR, Dec 10 (Bernama) -- Checkmarx, the global leader in agentic application security, has acquired Tromzo, a pioneer in artificial intelligence (AI)-native autonomous security agents.

MBSB: VMY 2026 And AI To Boost Malaysia’s Economy, Markets

KUALA LUMPUR, Dec 10 (Bernama) -- MBSB Investment Bank Bhd expects Visit Malaysia Year 2026 (VMY 2026) to be a key driver of Malaysia’s economy and equities market next year, with related sectors poised to benefit.

Bursa Malaysia Opens Lower Ahead Of US Fed Decision

KUALA LUMPUR, Dec 10 (Bernama) -- Bursa Malaysia opened lower today as investors turned cautious, taking profits ahead of the United States Federal Reserve’s rate decision and following mostly weaker Wall Street performance overnight.

Global SAF Output To Reach 1.9 Mln Tonnes In 2025, Slower Production Next Year - IATA

By Kisho Kumari Sucedaram

GENEVA, Dec 9 (Bernama) -- Global sustainable aviation fuel (SAF) output is expected to reach 1.9 million tonnes (Mt), or equal to 2.4 billion litres, this year, double the 1 Mt produced in 2024, according to the International Air Transport Association (IATA).

Global 2025 Aircraft Delivery Shortfalls By 5,300, Aviation Sector’s Most Significant Constraint

From Kisho Kumari Sucedaram

GENEVA, Dec 9 (Bernama) -- Global aircraft delivery shortfalls in 2025 now total at least 5,300 aircraft, making aircraft availability one of the most significant constraints on industry growth, according to the Geneva-based International Air Transport Association (IATA).