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Maybank Likely To Shine In The Current Market Climate - HLIB

KUALA LUMPUR, Feb 27 (Bernama) -- Malayan Banking Bhd (Maybank) is expected to shine in the current market climate as investors seek refuge from the uncertainties surrounding United States (US) President Donald Trump 2.0, said Hong Leong Investment Bank Bhd (HLIB).

Takaful Malaysia Posts Higher Profit After Zakat Of RM378.1 Mln In FY24

KUALA LUMPUR, Feb 26 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd’s profit after zakat and tax for the financial year ended Dec 31, 2024 increased nine per cent to RM378.1 million compared to RM347.1 million posted in 2023.

Mavenir, Terrestar Complete Industry-first Satellite Voice Over NB-IoT Call In NTN Mode

KUALA LUMPUR, Feb 25 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, and Terrestar Solutions Inc, Canada’s premier mobile satellite operator, have achieved a groundbreaking milestone by successfully completing an industry-first Voice over Narrowband Internet of Things (NB-IoT) call in Non-Terrestrial Networks (NTN) mode.

EZVIZ Wins Two Asia Design Prizes For Smart Home Innovations

KUALA LUMPUR, Feb 24 (Bernama) -- EZVIZ has won two Asia Design Prizes for its innovations aimed at enhancing smart home experience with robust functionality and optimal visual enjoyment for the second consecutive year.

Bintulu Port Holdings Pays Tribute To Media For Highlighting Achievements

KUCHING, Feb 24 (Bernama) -- Bintulu Port Holdings Berhad (BPHB) paid tribute to the media, which had been giving their unwavering support and cooperation in promoting its initiatives and highlighting its achievements throughout last year.

Vortexa Unveils World's First Port-to-port Freight Pricing Platform For Energy Trading

KUALA LUMPUR, Feb 21 (Bernama) -- Vortexa, a global energy and freight market analytics provider, has launched Anywhere Freight Pricing, the first-ever port-to-port freight pricing platform for energy trading.

Subsidy Proposal For Basic MHIT Products Needs In-Depth Study - Lim Hui Ying

KUALA LUMPUR, Feb 20 (Bernama) -- The proposal for the implementation of subsidies for the development of basic medical and health insurance and takaful (MHIT) products requires in-depth studies, including the long term impact on overall healthcare costs, said Deputy Finance Minister Lim Hui Ying.

Motorola Solutions Secures Contract To Enhance Emergency Radio Network In Victoria

KUALA LUMPUR, Feb 18 (Bernama) -- Motorola Solutions has been granted a 10-year contract valued at AUD$500 million (approximately US$330 million) from the Victorian government to maintain and enhance the Metropolitan Mobile Radio network (MMR) relied upon by the state’s emergency services. (US$1=RM4.42)

InDrive Aims To Exceed 40,000 Registered Drivers In Malaysia By End-2025

KUALA LUMPUR, Feb 12 (Bernama) -- InDrive, the global mobility and urban services platform, expects to exceed 40,000 registered drivers in Malaysia by the end of 2025. 

AI To Transform Auditing With Real-Time Insights, Future Risk Predictions

By Nurul Hanis Izmir

CYBERJAYA, Feb 7 (Bernama) -- The future of auditing is set for a transformative shift with the integration of artificial intelligence (AI), enabling real-time risk assessments and predictive insights that go beyond traditional methods, said co-founder of Audrey South Africa, Claude Chetty.

Malaysia's Banking System Maintains Healthy Liquidity Position In December 2024 -- BNM

KUALA LUMPUR, Jan 31 (Bernama) -- Malaysia’s banking system maintained strong liquidity buffers in December 2024, with an aggregate Liquidity Coverage Ratio (LCR) of 160.7 per cent, up from 147.9 per cent in November, supporting ongoing financial intermediation, Bank Negara Malaysia (BNM) said.

BNM Fines Ambank RM875,000 And WSMC RM51,000 For Regulatory Non-Compliance

KUALA LUMPUR, Jan 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed a compound of RM875,000 on AmBank (M) Bhd on Nov 18, 2024, for failing to comply with the Direction to Financial Institutions of the Financial Services Act 2013 (FSA).