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Tokenisation Boosts Payment Security, Cuts Fraud In Asia Pacific Markets

KUALA LUMPUR, July 3 (Bernama) -- The growing adoption of contactless transactions, especially in Asia Pacific, has enhanced payment security with tokenisation technology extending the same level of protection to digital, card-not-present environments.

Pluxee Posts Solid Q3 Organic Growth, Reaffirms Full-Year Outlook

KUALA LUMPUR, July 3 (Bernama) -- Pluxee reported an 11.1 per cent organic increase in revenue to 310 million euros for the third quarter of fiscal year 2025 (Q3 FY2025), supported by continued demand for employee benefits, keeping the group on track to meet its full-year financial objectives. (1 euro = RM4.97) 

Bursa Malaysia Closes Mixed

By Zarul Effendi Razali

KUALA LUMPUR, July 3 (Bernama) -- Bursa Malaysia ended mixed today, with the benchmark index curtailing its recent rally as continued selling in selected heavyweights -- led by Tenaga Nasional -- limited gains, an analyst said.

Queen Máxima Named Chair Of GFTN International Advisory Board

KUALA LUMPUR, July 3 (Bernama) -- The Global Finance & Technology Network (GFTN) has announced the appointment of Queen Máxima of the Netherlands, the United Nations Secretary-General’s Special Advocate for Financial Health (UNSGSA), as Chair of its International Advisory Board (IAB).

Data Centre's Robust Expansion To Drive Electricity Demand – Kenanga IB

KUALA LUMPUR, July 3 (Bernama) -- The robust expansion of data centres (DCs) is expected to drive electricity demand, which in turn will increase the need for power generation and gas consumption, said Kenanga Investment Bank Bhd (Kenanga Research).

SIRIM To Issue Certificate Of Approval For Waste Plastic Imports Effective July 1

KUALA LUMPUR, July 2 (Bernama) -- SIRIM Bhd has been mandated to be the sole inspection body and certificate of approval (COA) issuer for waste plastic imports into Malaysia, effective July 1, 2025.

ABB Unveils Advanced Circuit Breaker To Boost Power Resilience, Strengthen Cybersecurity

KUALA LUMPUR, July 2 (Bernama) -- ABB has unveiled the next generation of its flagship air circuit breaker, the SACE Emax 3, aimed at supporting facilities with high power demands such as data centres, advanced manufacturing plants, hospitals and airports.

Petronas Gas Commits To Improvements, Acknowledges Findings On Putra Heights Fire

KUALA LUMPUR, July 1 (Bernama) -- Petronas Gas Bhd (PGB) has reiterated its commitment to full transparency, continuous improvement, care for those affected, and continued collaboration with the relevant authorities.

Living Wage Drive By GLCs, GLICs A Pivotal Step Towards National Wage Reform – Economists

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 2 (Bernama) -- The move by Government-linked Investment Companies (GLICs) and Government-linked Companies (GLCs) to implement a minimum monthly living wage of RM3,100 for 153,000 employees marks a highly significant milestone that can catalyse a broader wage reform across Malaysia’s labour market, according to economists.

Diversification Ensures Malaysia's Economy Remains Resilient

By Samantha Tan Chiew Tieng

PUTRAJAYA, July 2 (Bernama) – Malaysia remains on solid footing due to its inclusive and long-term economic strategy despite geopolitical tensions in the Middle East raising concerns over the potential closure of the Strait of Hormuz and disruptions to global energy supply.

Global SWF Evaluates Sovereign Investors; Nine Funds Set Benchmark

KUALA LUMPUR, July 1 (Bernama) -- Global SWF has published the sixth edition of its annual Governance, Sustainability, and Resilience (GSR) Scoreboard, assessing 200 of the world’s largest Sovereign Wealth Funds (SWFs) and Public Pension Funds managing a collective US$29.4 trillion across 80 countries. (US$1=RM4.19)

Uni-Fuels Opens Shanghai Office To Boost Asia Expansion

KUALA LUMPUR, July 1 (Bernama) -- Uni-Fuels Holdings Limited, a Singapore-headquartered global provider of marine fuel solutions, announced the official opening of its new office in Shanghai, marking a strategic milestone in its international expansion and underscoring its focus on the fast-growing Asia maritime market.