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Escalating Tension In Middle East Raises Cost Concerns Among Travellers, Insurers

By Karina Imran

KUALA LUMPUR, June 27 (Bernama) — Air travellers and insurance companies are deeply concerned over possible rise in costs brought on by the escalating geopolitical tension in the Middle East which has led to abrupt closure of major airports in the region, which serve as among the busiest aviation hubs.

Digital-first And Purpose-driven: AIA Malaysia’s New Era For Life Planners

KUALA LUMPUR, June 25 (Bernama) -- In an increasingly digital world, insurance agents must cultivate strong digital competencies, embrace adaptability, and leverage online communication platforms to navigate emerging challenges and shift public perception away from outdated stereotypes rooted in traditional face-to-face interactions.

Targeted Revision Of Sales Tax Rate, Expansion Of Service Tax Scope Effective July 1, 2025

KUALA LUMPUR, June 9 (Bernama) -- The Ministry of Finance has issued a statement on the implementation of revised Sales Tax (ST) rates and expanded scope of the Service Tax effective July 1, 2025. The aim is to strengthen the country’s fiscal position by increasing revenue and broadening the tax base.

Sales Tax Rate Revision, Service Tax Scope Expansion To Be Effective July 1, 2025 – MOF

PUTRAJAYA, June 9 (Bernama) -- The government will implement a revision of the Sales Tax rates and an expansion of the Service Tax’s scope effective from July 1, 2025, in order to strengthen the country’s fiscal position by increasing revenue and broadening the tax base.

AI Adoption By Enterprises In Asia Pacific Widespread -- Snowflake CEO

From Nor Baizura Basri

SAN FRANCISCO, June 3 (Bernama) -- Artificial intelligence (AI) adoption by enterprises in the Asia Pacific, including ASEAN, is currently widespread, eventually gaining some traction.

Strengthen Corporate Remittance Procedures In Line With AMLATFPUAA - Expert

By Sevagamy Nythiananthan

KUALA LUMPUR, 31 May (Bernama) -- Malaysian financial institutions should strengthen their due diligence procedures for corporate remittances in line with existing regulations under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act (AMLATFPUAA) 2001.

Checkmarx To Showcase Agentic AI Strategy At Upcoming AppSec Summit

KUALA LUMPUR, May 23 (Bernama) -- Checkmarx, the leader in autonomous application security, is set to unveil its latest advancements in agentic artificial intelligence (AI) during the Agentic AI by Checkmarx Summit, taking place virtually on June 24.

Philadelphia Insurance Companies Wins Duck Creek Award For Digital Innovation In P&C Insurance

KUALA LUMPUR, May 23 (Bernama) -- Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, has honoured Philadelphia Insurance Companies (PHLY) with its 2025 Standard of Excellence Customer Award at Formation ’25, held in Orlando, Florida.

TII, AI71 Partner With AWS To Globalise UAE-built AI Innovations

KUALA LUMPUR, May 22 (Bernama) -- Abu Dhabi’s Technology Innovation Institute (TII), known for developing the globally ranked Falcon series of artificial intelligence (AI) models, and AI71, have joined forces with Amazon Web Services (AWS) to expand the global reach of United Arab Emirates (UAE)-developed AI technologies.

eXp Realty Enters Ecuador Market With Industry Leader At Helm

KUALA LUMPUR, May 19 (Bernama) -- eXp Realty, the world’s largest independent real estate brokerage and a core subsidiary of eXp World Holdings Inc has launched its operations in Ecuador, furthering the company’s rapid expansion across Latin America.

Urban Renewal Act Offers Significant Benefits, Overhang Remains A Concern -- Propertyguru Malaysia

By Durratul Ain Ahmad Fuad and Nur Atiq Maisarah Suhaimi

KUALA LUMPUR, May 14 (Bernama) -- The Urban Renewal Act, expected to be tabled in Parliament this July, could bring significant benefits such as preserving heritage, revitalising communities and generating economic impact, said PropertyGuru Malaysia country manager Kenneth Soh. 

PropertyGuru Survey Reveals 77 Pct Of Malaysians Consider Climate Risks When Buying Homes

KUALA LUMPUR, May 14 (Bernama) -- Data from PropertyGuru’s 2024 survey revealed that 77 per cent of Malaysians consider climate risks when purchasing a home.