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Trade Permit Requirement For AI Chips Shows Malaysia's Commitment To Transparency, While Curbing Illicit Activities

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 14 (Bernama) -- The trade permit requirement for US artificial intelligence (AI) chips signals Malaysia’s commitment to transparency and global standards, as well as curbing illicit activities in the AI ecosystem.

SC Seeks Public Feedback On Proposed Sustainability Assurance Framework

KUALA LUMPUR, June 25 (Bernama) -- The Advisory Committee on Sustainability Reporting (ACSR), chaired by the Securities Commission Malaysia (SC), has published a consultation paper to seek feedback from members of the public on the proposed framework for sustainability assurance.

Businesses Must Plan For Resilience Too, Says Tunku Naquiyuddin

KUALA LUMPUR, June 24 (Bernama) -- Given the complexity of todayʼs business environment, companies must plan for not just growth, but resilience as well, said the Tunku Laksamana and former Regent of Negeri Sembilan, Tunku Datuk Seri Utama Naquiyuddin ibni Almarhum Tuanku Ja’afar.

Malaysia’s Sustainability Reporting Earns Global Recognition In IFRS Profile

KUALA LUMPUR, June 13 (Bernama) -- Malaysia has been recognised as the only ASEAN jurisdiction to adopt the international sustainability standards board (ISSB) standards with limited transition, according to the international financial reporting standards (IFRS) foundation’s latest jurisdictional profile.

Telcos Reassure Customer Privacy In MCMC Data Initiative

KUALA LUMPUR, June 8 (Bernama) -- Telecommunication companies (telcos) have reaffirmed their commitment to protecting customer data and privacy, following the use of mobile phone data (MPD) for official statistical purposes by the Malaysian Communications and Multimedia Commission (MCMC).

Arctic Wolf Launches In Singapore To Strengthen Regional Cybersecurity Capabilities

KUALA LUMPUR, June 5 (Bernama) -- Arctic Wolf, a global leader in security operations, has officially launched its operations in Singapore, marking a significant step in the company’s Asia-Pacific expansion strategy.

MN Holdings Unit Bags Data Centre Contract Worth RM52.50 Mln

KUALA LUMPUR, May 27 (Bernama) -- MN Holdings Bhd announced that its wholly owned subsidiary, MN Power Transmission Sdn Bhd, has secured a data centre contract valued at RM52.50 million.

Accountants Play Critical Role In Improving Companies Sustainablity Practices — Amir Hamzah

KUALA LUMPUR, May 26 (Bernama) — Accountants play a critical role in guiding companies to improve their sustainability practices, particularly in governance by ensuring high-quality, reliable disclosures are aligned with international standards, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

UOB Malaysia Partners With Bursa Malaysia To Support SMEs Sustainability Efforts

KUALA LUMPUR, May 15 (Bernama) -- United Overseas Bank (Malaysia) Bhd (UOB Malaysia) has partnered with Bursa Malaysia Bhd to support small and medium enterprises (SMEs) in adopting sustainable practices and advancing their decarbonisation journey. 

AM Best Sees Steady Performance In Philippine Non-Life Insurance Segment

KUALA LUMPUR, May 15 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook for the Philippine non-life insurance market, citing robust growth prospects, stabilised reinsurance capacity, and a favourable economic environment as key supporting factors.

Bursa Malaysia Publicly Reprimands Reach Energy, Fines Six Directors

KUALA LUMPUR, April 25 (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded Reach Energy Bhd and seven of its directors for breaching the Bursa Malaysia Securities Main Market Listing Requirements.  

Firms Must Remain Vigilant To Prevent Cyberattacks

KUALA LUMPUR, April 25 (Bernama) -- Businesses, including brokerage firms, must regularly conduct security assessments and cybersecurity penetration testing to detect potential vulnerabilities and prevent future cyberattacks, said LGMS Bhd executive chairman Fong Choong Fook.