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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.
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.
From Kisho Kumari Sucedaram
GENEVA, Dec 9 (Bernama) -- The Asia-Pacific region is expected to remain the largest contributor to global traffic growth, with lead factors projected to reach 84.4 per cent next year - an all-time high for the region.
From Kisho Kumari Sucedaram
GENEVA, Dec 9 (Bernama) -- Global airlines are expected to set a new record of a combined total net profit of US$41 billion (US$1=RM4.11) in 2026, up from US$39.5 billion this year, while the net profit margin is expected to remain unchanged from 2025 at 3.9 per cent.
From Kisho Kumari Sucedaram
GENEVA, Dec 9 (Bernama) -- Sustainable aviation fuel (SAF) production is falling far short of global expectations, forcing airlines to reconsider their 2030 green targets, said International Air Transport Association (IATA) director general Willie Walsh.
KUALA LUMPUR, Dec 9 (Bernama) -- Taishin Financial Holding has completed its merger with Shin Kong Financial Holding, with their asset management subsidiaries becoming the first units to finalise integration.
KUCHING, Dec 9 (Bernama) -- Sarawak state-owned airline AirBorneo will launch its official website and call centre tomorrow, marking the start of ticket sales for flights following its takeover of MASwings at the end of December this year.
KUALA LUMPUR, Dec 9 (Bernama) -- Mavenir has announced a strengthened senior leadership team and a new operating structure as the company accelerates its shift toward telco-first, cloud-native, artificial intelligence (AI)-by-design networks following its recent recapitalisation.
GEORGE TOWN, Dec 8 (Bernama) -- Batik Air today expanded its network from Penang International Airport (PEN) with the launch of new routes to Singapore (SIN) and Kualanamu, Medan (KNO), reinforcing Penang’s role as a northern gateway and strengthening regional connectivity.
KUALA LUMPUR, Dec 8 (Bernama) -- Fruit traders and importers can apply directly to the Ministry of Finance (MoF) for exemptions from Sales and Service Tax (SST) on imported fruit, the Ministry of Investment, Trade and Industry (MITI) said.
KUALA LUMPUR, Dec 8 (Bernama) -- The Securities Commission Malaysia (SC), as chair of the Advisory Committee on Sustainability Reporting, said its approach to addressing non-compliance with regulatory sustainability reporting requirements was developed in alignment with the National Sustainability Reporting Framework (NSRF).
By Abdul Hamid A Rahman
KUALA LUMPUR, Dec 8 (Bernama) -- Bursa Malaysia opened lower on Monday, weighed down by spillover profit-taking from last week despite Wall Street closing higher last Friday.
