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AM Best Withdraws Generali Life Hong Kong’s Ratings

KUALA LUMPUR, Nov 4 (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 Generali Life (Hong Kong) Limited (Generali Hong Kong).

Steen Lomholt-Thomsen Joins NIQ As CCO To Focus On Global Growth, Client Strategy

KUALA LUMPUR, Nov 4 (Bernama) -- NielsenIQ (NIQ), the world’s leading consumer intelligence company, has appointed Steen Lomholt-Thomsen as its new Chief Commercial Officer (CCO), based in NIQ’s Geneva, Switzerland office, effective Nov 1.

Malaysia's Port Of Tanjung Pelepas Bags Award For Deploying Kaleris' Navis Solutions

KUALA LUMPUR, Nov 4 (Bernama) -- Malaysia’s largest transshipment hub, Port of Tanjung Pelepas (PTP), was recently honoured with the Supply Chain Innovator of the Year: Digital Transformation Award at the 2024 Supply Chain Asia (SCA) Awards.

Shell Malaysia, Progressture Power in Deal To Set Up Solar Roofs At 600 Stations Nationwide

KUALA LUMPUR, Nov 4 (Bernama) -- Shell Malaysia Ltd and Progressture Power Sdn Bhd have partnered to install up to 20 megawatt peak (MWp) of solar capacity on the roofs of over 600 retail stations nationwide.

Six Malaysia-Based Companies Sanctioned By US For Alleged Links To Russian Manufacturing Sector

KUALA LUMPUR, Nov 3 (Bernama) – Six Malaysia-based companies are among the nearly 400 entities and individuals that have been sanctioned by the US State Department for operating or having operated in, or aiding the Russian manufacturing sector.

Khazanah, PNB Clarify Their Divestment From FashionValet

KUALA LUMPUR, Nov 1 (Bernama) -- Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB) have issued separate statements on their RM43.9 million losses after selling their stakes in e-commerce platform Fashion Valet Sdn Bhd for RM3.1 million.

Medidata Unveils Bundled Solution For Oncology, Vaccine Research 

KUALA LUMPUR, Nov 1 (Bernama) -- Medidata, a Dassault Systèmes brand and provider of clinical trial solutions to the life sciences industry, has introduced two new bundled offerings to meet the growing demands of oncology and vaccine research.

Gradiant’s ForeverGone Bags TIME’s Best Inventions Of 2024

KUALA LUMPUR, Nov 1 (Bernama) -- Gradiant, a global leader in advanced water and wastewater treatment, announced its ForeverGone technology has been named one of TIME’s Best Inventions of 2024.

Sweden-Malaysia Economic Ties Flourish, FDI Soars & Semiconductor Sector Emerges As Key Growth Area

KUALA LUMPUR, Nov 1 (Bernama) -- Economic ties between Sweden and Malaysia have flourished over the years, with Swedish foreign direct investment (FDI) in Malaysia soaring to US$1.43 billion (US$1=RM4.37) to date from US$113 million in 2014.

Swedish Firms Supporting Malaysia’s Green Transition With Sustainable Investments

By Kisho Kumari Sucedaram & Mikhail Raj Abdullah

KUALA LUMPUR, Oct 31 (Bernama) – Top Swedish firms that have been investing in Malaysia’s industrial development since the nation achieved its independence are lending their expertise in the country’s green economy transition by focusing on the sustainability agenda.

Bursa Malaysia 3Q Net Profit Rises 42 Pct To RM85.7 Mln

KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia Bhd's net profit for the third quarter (3Q) ended Sept 30, 2024, increased by 41.9 per cent to RM85.74 million from RM60.41 million in the same period last year.

World Halal Awards Put Malaysia On Firm Footing To Reap Global US$5 Trillion Market -- HDC

MELAKA, Oct 30 (Bernama) -- The Halal Development Corporation Bhd’s (HDC) World Halal Excellence Awards 2023 (WHEA 2023), now in its 15th year, complements Malaysia’s halal industry ecosystem, and puts it in a strong position to reap the global halal market opportunities, estimated to reach US$5 trillion by 2030.