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Industry Confident PTV 3.0 Insurance Uptake Will Continue After Campaign Ends

By K. Naveen Prabu

KUALA LUMPUR, March 24 (Bernama) -- The insurance and takaful industry is optimistic that recipients of the Perlindungan Tenang Voucher (PTV) 3.0 programme will continue to pursue insurance coverage even after the campaign period.

OSV Operators Set To Gain As Oil Firms Shift Focus From West Asia

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 24 (Bernama) – The decision by oil companies to shift away from West Asia and support offshore crude oil exploration in Southeast Asia could potentially benefit offshore support vessel (OSV) operators.

Gold Falling Due To Market Misreading Monetary “Endgame” -- Analyst

KUALA LUMPUR, March 21 (Bernama) -- Gold prices are currently under pressure due to market liquidation, rising real yields and temporarily delayed physical demand, rather than a breakdown in the long-term macroeconomic outlook, according to an analyst.

Iran Action May Send Oil To US$120 A Barrel, Asia To Bear The Brunt -- Rystad Energy

KUALA LUMPUR, March 19 (Bernama) -- Oil prices could hit US$120 (US$1=RM3.93) per barrel if Iranian authorities act on their implied threat to strike on five facilities across Saudi Arabia, the United Arab Emirates (UAE) and Qatar, with Asia bearing the brunt given its dependence on Qatari volumes, according to an analyst.

PAAB Establishes Malaysia’s First Sustainable Islamic Finance Framework With Blue Finance Elements

KUALA LUMPUR, March 19 (Bernama) -- Pengurusan Aset Air Bhd (PAAB) has established Malaysia’s first sustainable Islamic finance framework that incorporates blue finance elements, with Maybank Investment Bank Bhd (Maybank IB) serving as the sole sustainability structuring adviser.

Walton Unveils US Land Fund For Offshore Investors

KUALA LUMPUR, March 18 (Bernama) -- Walton Global (Walton), a real estate investment, land banking and land asset management company, has launched the United States (US) Land Income & Growth Fund for offshore investors.

K-Tech Partners Boardware On AI, BCI Hardware

KUALA LUMPUR, March 18 (Bernama) -- K-Tech Solutions Company Limited (K-Tech) has signed a memorandum of understanding with Boardware Intelligence Technology Limited (Boardware), becoming the exclusive hardware development and engineering partner for Boardware’s artificial intelligence (AI) and Brain-Computer Interface (BCI) product platform.

Labuan Freight Forwarders Association Optimistic Over Megah Port’s Performance

LABUAN, March 18 (Bernama) -- The Labuan Freight Forwarders Association (LFFA) has expressed optimism over the performance of Megah Port Management Sdn Bhd (MPM) in managing and handling operations at Labuan Port.

AM Best Assigns Ratings To Stronghold Insurance In Philippines

KUALA LUMPUR, March 18 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of B (Fair), a long-term issuer credit rating of “bb” (Fair) and a Philippines National Scale Rating of a.PH (Excellent) to Stronghold Insurance Company Inc (Stronghold).

Petronas Recognises Sabah’s Growing Role In Malaysia’s OGSE Sector

KOTA KINABALU, March 18 (Bernama) -- Petroliam Nasional Bhd (Petronas) recognises Sabah’s growing role in Malaysia’s oil and gas services and equipment (OGSE) sector, as part of broader collaborative efforts to strengthen the state’s contribution to national energy security and economic development.

Oxford Nanopore Partners A.D.A.M. Innovations To Advance Genomic Sequencing In Japan

KUALA LUMPUR, March 18 (Bernama) -- Oxford Nanopore Technologies and A.D.A.M. Innovations (Japanese corporate name Genesis Healthcare Co) announced an international collaboration to accelerate advanced genomic sequencing and medicine applications in Japan.

MDEC Secures RM87.4 Bln Digital Investments In 2025, Driven By AI

PUTRAJAYA, March 18 (Bernama) -- The Malaysia Digital Economy Corporation (MDEC) has secured RM87.4 billion in approved digital investments in 2025, largely driven by the rapid growth of artificial intelligence (AI), big data, data centres and cloud services.