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Indonesia's TUGU Credit Ratings Affirmed, Outlook Revised To Stable - AM Best

KUALA LUMPUR, Dec 10 (Bernama) -- AM Best has affirmed PT Asuransi Tugu Pratama Indonesia Tbk (TUGU)’s financial strength rating (FSR) of A- (Excellent) and the long-term issuer credit rating (Long-Term ICR) of “a-” (Excellent), while revising the outlooks from negative to stable.

Horizon Quantum Launches Beryllium For Simplified Quantum Programming

KUALA LUMPUR, Dec 10 (Bernama) -- Horizon Quantum Computing Pte Ltd (Horizon Quantum), a pioneer of software infrastructure for quantum applications, unveiled Beryllium, a hardware-agnostic, high-level programming language designed to make quantum software development more accessible.

Govt Approves Five Malaysia-India Projects Worth Over RM23 Million As Of September 2025 - MITI

KUALA LUMPUR, Dec 10 (Bernama) -- The government has approved five investment projects involving Indian companies in Malaysia, worth RM23.85 million, for the first nine months of 2025, said Deputy Minister of Investment, Trade and Industry Liew Chin Tong.

Penguin Solutions’ Latest DDR5 SODIMM Delivers Rugged, Wide-Temp Performance

KUALA LUMPUR, Dec 10 (Bernama) -- Penguin Solutions Inc has expanded its DDR5 memory portfolio with the launch of its SMART 64-gigabyte (GB) DDR5-6400 ECC CSODIMM module, engineered for high-performance computing across industrial, edge, telecom and networking systems.

IATA Welcomes Resumption Of MH370 Search, Says It Is Critical To Find Truth

From Kisho Kumari Sucedaram

GENEVA, Dec 10 (Bernama) -- The International Air Transport Association (IATA) has welcomed efforts to resume the search for missing Malaysia Airlines Flight MH370 later this month, saying the global aviation community remains determined to uncover the truth behind the aircraft’s disappearance.

Ringgit Slips Vs US Dollar, Rises Against Majors On Fed Cut Expectations

KUALA LUMPUR, Dec 10 (Bernama) -- The ringgit opened lower against the US dollar today as investors shifted their attention to incoming US economic data, maintaining confidence that the Federal Reserve (Fed) will move ahead with a 25-basis-point rate cut after its two-day meeting concludes later tonight.

e-Invoice Exemption Raised To RM1 Mln Boosts Entrepreneurs’ Competitiveness

KUALA LUMPUR, Dec 9 (Bernama) -- The government's move to raise the e-invoice exemption threshold from RM500,000 to RM1 million starting next year is expected to encourage entrepreneurs to become more competitive in advancing their businesses.

Ringgit Holds Steady vs Greenback At Close As FOMC Kicks Off Meeting

KUALA LUMPUR, Dec 9 (Bernama) -- The ringgit continued to hold steady against the US dollar at Tuesday’s close, as markets positioned for a cautious tone as the Federal Open Market Committee (FOMC) begins its two-day meeting today.

Global Airlines Expected To Hit Record Combined Net Profit Of US$41 Bln In 2026 - IATA

From Kisho Kumari Sucedaram

GENEVA, Dec 9 (Bernama) -- Global airlines are expected to set a new record of a combined total net profit of US$41 billion (US$1=RM4.11) in 2026, up from US$39.5 billion this year, while the net profit margin is expected to remain unchanged from 2025 at 3.9 per cent.

SAF Production Falls Short, Concern For 2026 -- IATA

From Kisho Kumari Sucedaram

GENEVA, Dec 9 (Bernama) -- Sustainable aviation fuel (SAF) production is falling far short of global expectations, forcing airlines to reconsider their 2030 green targets, said International Air Transport Association (IATA) director general Willie Walsh.

Taishin Financial Completes Merger With Shin Kong, Targets NT$1 Trillion AUM

KUALA LUMPUR, Dec 9 (Bernama) -- Taishin Financial Holding has completed its merger with Shin Kong Financial Holding, with their asset management subsidiaries becoming the first units to finalise integration.

Toshiba Launches 40V eFuse ICs For Power Line Circuit Protection

KUALA LUMPUR, Dec 9 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has expanded its electronic fuse (eFuse ICs) lineup with the new 40V TCKE6 series, adding five products designed to enhance power line circuit protection.