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Malaysia Shines At MWC Barcelona As ZTE Wins GSMA Innovation Award

From Zairina Zainudin

BARCELONA (SPAIN) March 7 (Bernama) -- Malaysia celebrated a significant achievement on the global stage as ZTE Corporation was awarded the prestigious GSMA Foundry Innovation Award for its “Minimalist Private 5G for Entertainment” at the Global Mobile Awards during the Mobile World Congress (MWC) Barcelona 2025. 

Fidelity Life Assurance Secures Excellent Credit Ratings - AM Best

KUALA LUMPUR, March 7 (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 New Zealand’s Fidelity Life Assurance Company Limited (Fidelity Life Assurance).

Insurance Associations Forward Proposals For Healthcare, Insurance Sustainability

KUALA LUMPUR, March 7 (Bernama) -- The Life Insurance Association of Malaysia (LIAM), the Malaysian Takaful Association (MTA), and the Persatuan Insurans Am Malaysia (PIAM) have jointly proposed key recommendations to the Public Accounts Committee (PAC) to enhance affordability, transparency and sustainability in Malaysia’s healthcare and insurance sectors.

Adagene Announces Participation At Leerink’s Global Healthcare Conference 2025

KUALA LUMPUR, March 7 (Bernama) -- Adagene Inc (Adagene) has announced its Chairman, Chief Executive Officer and President of R&D, Dr Peter Luo, will participate in one-on-one investor meetings and provide a corporate update at Leerink’s Global Healthcare Conference 2025.

TSI, Telfair Forest Products To Build Sustainable Biomass Torrefaction Facility In Georgia

KUALA LUMPUR, March 7 (Bernama) -- TSI and Telfair Forest Products have announced the construction of a torrefaction facility at Telfair Forest Product’s facility in Lumber City, Georgia, with commissioning and startup early this year.

H2O.ai Launches First Model Risk Management Framework For GenAI In Regulated Industries

KUALA LUMPUR, March 7 (Bernama) -- Leader in open-source generative artificial intelligence (GenAI), H2O.ai, has unveiled the industry's first Model Risk Management (MRM) framework for GenAI.

Malaysian Banks To See Moderate Profit Growth In 2025 On Steady Loan Expansion -- RAM Ratings

KUALA LUMPUR, March 7 (Bernama) -- Malaysian banks will likely see moderate profit growth this year, underpinned by steady loan expansion and still-benign loan provisioning expenses.

Dormer Pramet Unveils High-performance Turning, Milling Solutions

KUALA LUMPUR, March 7 (Bernama) -- Dormer Pramet is expanding its indexable tools portfolio with new high-performance turning and milling solutions aimed at maximising productivity.

YTL Communications Bags 5G-AxAi Integrated Innovation Award

KUALA LUMPUR, March 6 (Bernama) -- YTL Communications has clinched the 5G-A×AI Integrated Innovation Award at the GTI Awards 2025 for pioneering Malaysia’s first artificial intelligence (AI) and robotics-based advanced manufacturing deployment for Clarion Malaysia.

Ringgit Rises For 5th Day As US Tariff Uncertainty Weighs

By Kisho Kumari Sucedaram

KUALA LUMPUR, March 7 (Bernama) -- The ringgit opened higher against the US dollar for the fifth consecutive day as uncertainties over US tariff policies prompted traders and investors to steer clear of riskier assets, an analyst said.   

AirAsia Relocates Domestic Services From Subang Airport To KLIA2 Effective April 7

KUALA LUMPUR, March 6 -- AirAsia will relocate its domestic services from Sultan Abdul Aziz Shah Airport, better known as Subang Airport, to Kuala Lumpur International Airport Terminal 2 (KLIA2), effective April 7, 2025. 

CPO Futures End Higher Due To Production Concerns

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, March 6 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Thursday due to production concerns in the upcoming weeks, a trader said.