Digital Transformation, AI At Helm Of APEC Meet; Malaysia Highlights Moral, Environmental Risks Of Greater Adoption

From Nor Baizura Basri

GYEONGJU (South Korea), Nov 1 (Bernama) -- Digital transformation and the acceleration of artificial intelligence (AI) adoption are at the helm of the Asia-Pacific Economic Cooperation  (APEC)  Economic  Leaders’ Meeting (AELM), as leaders deliberate on both the challenges and opportunities, with Malaysia cautioning member economies about the risks moving forward.

AM Best Keeps China Non-Life Insurance Outlook Stable

KUALA LUMPUR, Oct 31 (Bernama) -- AM Best has maintained a stable outlook on China’s non-life insurance segment, supported by sustained premium growth driven by new energy vehicles (NEVs), health reforms and emerging product developments, alongside supportive regulatory policies and market development initiatives.

APEC Should Be A Bridge Beyond Member Economies To Be More Inclusive, Truly Impactful Platform

From Nor Baizura Basri

GYEONGJU (South Korea), Oct 31 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has called on the Asia-Pacific Economic Cooperation (APEC) economies to serve as a bridge beyond the platform with greater participation from Latin American and African economies.

APEC Trade, Foreign Ministers Call For Joint Efforts To Harness Digital Innovation

From Nor Baizura Basri

GYEONGJU (South Korea), Oct 30 (Bernama) -- Trade and foreign ministers of Asia-Pacific Economic Cooperation (APEC) economies has called for joint efforts among member economies to harness digital innovation and supply chain resilience as they reaffirmed their commitment to regional cooperation.

Ringgit Extends Gain For Seventh Day After US Rate Cut

 KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit extended its gains for the seventh day on Thursday, opening higher against the US dollar, supported by the much-anticipated 25 basis points cut last night by the US Federal Reserve (US Fed), an analyst said.

Ringgit Extends Gains For Fifth Straight Day On Positive Sentiment

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit strengthened for the fifth straight day against the US dollar and other major currencies, supported by improved risk appetite following the successful conclusion of the ASEAN Summit, which helped boost investor confidence in Malaysia's regional stability and economic integration.

Digital Policy Alignment Crucial To Unlock Next Phase Of ASEAN-S. Korea Growth 

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 22 (Bernama) -- Closer policy alignment between ASEAN and South Korea is key to unlocking the next phase of digital-driven growth in Southeast Asia and foster mutually beneficial economic linkages, a technology research expert said.

New Global Coalition Carbon Measures Aims To Fix Flawed Emissions Accounting

KUALA LUMPUR, Oct 21 (Bernama) -- Carbon Measures, a new global coalition representing major businesses from diverse industries and geographies, has been launched to establish a more accurate carbon accounting framework and drive market-based solutions to reduce emissions at the lowest cost.

ASEAN Centre For Energy Launches ASEAN Renewable Energy Long-term Roadmap

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 17 (Bernama) -- The ASEAN Centre for Energy (ACE) has launched the ASEAN Renewable Energy Long-term Roadmap (RE LTRM) at the 43rd ASEAN Ministers on Energy Meeting (AMEM).

ASEAN Power Grid To Focus On Longer Regional Interconnections - Energy Commission CEO

KUALA LUMPUR, Oct 17 (Bernama) -- The ASEAN Power Grid (APG) is entering a new phase of expansion, focusing on longer regional interconnections that are critical to delivering renewable energy across the region, said Energy Commission chief executive officer Siti Safinah Salleh.

ADB, World Bank Launch ASEAN Power Grid Financing Initiative

KUALA LUMPUR, Oct 15 (Bernama) -- The Asian Development Bank (ADB) and the World Bank Group, in partnership with ASEAN, today launched the ASEAN Power Grid (APG) Financing Initiative to support the development and integration of national power grids across the region.

Takaful Industry Unites To Expand iTEKAD Protection Under Budget 2025

KUALA LUMPUR, Oct 14 (Bernama) -- Malaysia’s Takaful industry has united to provide iTEKAD protection to vulnerable communities, marking a significant milestone in the nation’s social finance journey and reinforcing its leadership in Islamic finance.