Malaysia-South Korea FTA Will Be Finalised Next Year - PM Anwar
SEOUL, Nov 25 (Bernama) -- The Malaysia-Korea Free Trade Agreement (FTA) will be finalised next year, with both countries committed to speeding up any stalled negotiations.
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AM Best Affirms NongHyup Property and Casualty Insurance’s Ratings
KUALA LUMPUR, Nov 25 (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 South Korea’s NongHyup Property and Casualty Insurance Company Limited (NH P&C).
Google, Microsoft Applaud Malaysia’s Approach To Building AI Infrastructure, Roadmap
KUALA LUMPUR, Nov 23 (Bernama) -- Google has applauded Malaysia’s approach to building artificial intelligence (AI) infrastructure under the leadership of Prime Minister Datuk Seri Anwar Ibrahim, with the technology giant investing US$2 billion in the country.
Cargill Enhances Singapore Innovation Center To Drive Food Innovation For Asia’s Evolving Market
KUALA LUMPUR, Nov 21 (Bernama) -- Cargill is enhancing its Singapore Innovation Center with support from the Singapore Economic Development Board (EDB) and Enterprise Singapore to advance food innovation, further contributing to Asia’s vibrant food ecosystem.
Recursion-Exscientia Merger Creates Advanced AI-driven Drug Discovery
KUALA LUMPUR, Nov 21 (Bernama) -- Recursion has completed its merger with Exscientia, making Exscientia a wholly owned subsidiary of Recursion, forming a vertically-integrated and technology-enabled drug discovery platform.
Toku Secures US$5 Mln Funding, Appoints Advisory Board Chair
KUALA LUMPUR, Nov 21 (Bernama) -- Toku, a provider of enterprise cloud communications and customer experience solutions in Asia Pacific (APAC), has successfully closed a US$5 million Series A Extension round led by Betatron Venture Group. (US$1=RM4.70)
Two-year MADANI Govt: Turning Challenges Into Accomplishments
KUALA LUMPUR, Nov 21 (Bernama) -- In just two years of being in power, the MADANI government has reached a pivotal turning point in Malaysia's economic reforms, alongside efforts to address inefficiencies in state-owned entities, building on the resilient economic foundation laid in its first year.
Malaysian Beauty Brands Generate RM27.33 Mln In Sales At Cosmoprof Asia 2024
KUALA LUMPUR, Nov 20 (Bernama) -- Three Malaysian companies participating under the Malaysia Pavilion at the Cosmoprof Asia 2024 have generated total sales of RM27.33 million during the event.
Banking Sector's Loan Growth To Taper To 4-5 Pct In 2025 - AmInvestment Bank
KUALA LUMPUR, Nov 18 (Bernama) -- AmInvestment Bank expects loan growth in the banking sector to taper to 4.0-5.0 per cent in 2025 on a potential tariff driven slowdown in exports and risk to consumption spending from the RON 95 rationalisation.
Bermuda’s Evergreen Insurance Credit Ratings Downgraded - AM Best
KUALA LUMPUR, Nov 18 (Bernama) -- AM Best has downgraded the financial strength rating to A- (excellent) from A (excellent) and the long-term issuer credit rating to “a-” (excellent) from “a” (excellent) of Bermuda’s Evergreen Insurance Company Limited (EICL).
AM Best Affirms Excellent Ratings For Malaysia’s Labuan Re
KUALA LUMPUR, Nov 15 (Bernama) -- Global credit rating agency, AM Best has affirmed Malaysia’s Labuan Reinsurance (L) Ltd (Labuan Re) financial strength rating of A- (excellent) and the long-term issuer credit rating of “a-” (excellent).
PM Anwar Meets With Google, Discusses Boosting AI And Data Centre Ecosystem
LIMA (Peru), Nov 15 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim held a discussion with technology giant Google in the capital of Peru on Thursday, focusing on data centres and artificial intelligence (AI).