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BNM Imposes Penalties Totalling RM1.66 Mln On Four Financial Institutions

KUALA LUMPUR, Jan 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed administrative monetary penalties (AMP) totalling RM1.66 million on four financial institutions for non-compliance with the Financial Services Act 2013 (FSA) and/or Islamic Financial Services Act 2013 (IFSA).

Crescendo Unit To Sell Johor Land For RM119.83 Mln

KUALA LUMPUR, Jan 27 (Bernama) -- Crescendo Corporation Bhd’s (CCB) wholly owned subsidiary  Panoramic Industrial Development Sdn Bhd has entered into a conditional sale and purchase agreement with Microsoft Payments (Malaysia) Sdn Bhd for the disposal of 9.12 hectares in Johor Bahru worth RM119.83 million.

Cybercriminals Exploit CNY Surge With AI-powered Scams, Warns Fortinet

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 27 (Bernama) -- Chinese New Year (CNY), traditionally a season of giving, can also turn into a season of taking, as cybercriminals, aided by artificial intelligence (AI), target unsuspecting consumers and vulnerable businesses through sophisticated schemes designed to exploit the surge in digital transactions.

Allianz General Offers Comprehensive Property Protection With Smart Home Cover

KUALA LUMPUR, Jan 24 (Bernama) -- Allianz Malaysia Bhd, through its subsidiary Allianz General Insurance Company (Malaysia) Bhd, is offering a wide range of coverage add-ons to suit customers' property protection needs through its Smart Home Cover policy.

Duck Creek Technologies To Showcase Innovative Insurance Solutions At ITC London 2025

KUALA LUMPUR, Jan 23 (Bernama) -- Duck Creek Technologies, the global intelligent solutions provider redefining the future of property and casualty (P&C) and general insurance, will join partners and industry leaders at ITC London taking place on Jan 27 to 28 at The Brewery in London.

ACE Market-bound RichTech Aims To Raise RM13.67 Mln From IPO

KUALA LUMPUR, Jan 21 (Bernama) -- Electronic reloads distributor and bill payment service provider RichTech Digital Bhd, which is en route to a listing on Bursa Malaysia’s ACE Market, aims to raise RM13.67 million through its initial public offering (IPO).

Takaful Ikhlas Launches GO Serve For Seamless Takaful Management

KUALA LUMPUR, Jan 16 (Bernama) -- MNRB Holdings Bhd's wholly owned subsidiary, Takaful Ikhlas General Bhd (Takaful Ikhlas) has launched GO Serve, an innovative integrated self-service customer portal to provide its customers with seamless and immediate access to view and manage their takaful certificates.

ASEAN+3 Working Committee Meeting Outlines ASEAN's 2025 Main Economic Priorities

KUALA LUMPUR, Jan 15 (Bernama) -- The First Meeting of the ASEAN+3 Working Committee has agreed to set the Priority Economic Deliverables (PEDs) for ASEAN 2025, which include increasing access to sustainable and fair climate transition financing, said the Ministry of Finance (MoF).

EPF's Investment In MAHB To Support Dividend Payouts

KUALA LUMPUR, Jan 15 (Bernama) -- The Employees Provident Fund's (EPF) investment decisions, including the trading of Malaysia Airports Holdings Bhd’s (MAHB) shares, align with its broader investment objectives and are aimed at generating income required for dividend payments during the financial year.

EasyTransfer Secures Spot In KPMG’s 2024 China Fintech 50 For Third Year Running 

KUALA LUMPUR, Jan 14 (Bernama) -- EasyTransfer, a Singapore-based global education fintech firm, has been listed in KPMG’s 2024 China Fintech 50 report for the third consecutive year, affirming its status as a leading fintech company.

FreedomPay, Mastercard Forge Alliance To Simplify Global Payments For Businesses

KUALA LUMPUR, Jan 14 (Bernama) -- FreedomPay, a Next Level Commerce technology provider, has announced a strategic partnership with Mastercard to enhance global payment solutions for businesses.

U Mobile Likely To Collaborate To Defray 5G Capex Estimated At RM3 Bln-RM4 Bln -- RHB Investment Bank

KUALA LUMPUR, Jan 10 (Bernama) -- U Mobile Sdn Bhd is likely to enter into network collaborations to defray 5G capital expenditure (capex) estimated at RM3 billion-RM4 billion following its selection as the second 5G network access provider, said RHB Investment Bank Bhd.