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.

Virtue Trustee Unveils Wealth Protection Solutions Aligned With MADANI Framework

KUALA LUMPUR, Dec 10 (Bernama) -- Virtue Trustee Bhd (VTB) has launched a comprehensive suite of trustee, Islamic trust, and legacy-planning solutions, aimed at providing professional, secure and transparent wealth protection for all Malaysians, fully aligned with the national MADANI framework’s core values.

Expereo To Manage Global Network For Kingspan Light, Air + Water

KUALA LUMPUR, Dec 10 (Bernama) -- Expereo, a global leader in managed Network as a Service (NaaS), has been selected by Kingspan Light, Air + Water to provide a fully managed global connectivity solution.

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.

Labuan's Megah Port Management Open To Collaboration With Langkawi Port

By Jailani Hasan

LABUAN, Dec 9 (Bernama) -- Labuan’s port operator, Megah Port Management Sdn Bhd (MPM), said it is open to forging collaborative efforts with Langkawi Port Sdn Bhd (LPSB), particularly in exchanging expertise and best practices in port management.

Raising e-Invoice Threshold To RM1 Mln Eases Pressure On SMEs, Says Economist

By K. Naveen Prabu and Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Dec 9 (Bernama) -- Exempting companies with annual revenue of below RM1 million from implementing e-invoicing will ease administrative pressure on small and medium enterprises (SMEs) and allow them to focus on their core business activities, said an economist.

Fitch's Affirmation Of Malaysia's Ratings Bolstered By Sterling Performance Across Key ESG Indicators — PM Anwar

KUALA LUMPUR, Dec 9 (Bernama) -- Fitch Ratings’ affirmation of Malaysia’s sovereign credit ratings at BBB+ with a ‘stable’ outlook is bolstered by the country’s sterling performance across key environmental, social, and governance (ESG) indicators.

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.

Helical Fusion Signs Japan’s First Fusion-Energy Power Purchase Agreement

KUALA LUMPUR, Dec 9 (Bernama) -- Helical Fusion Co Ltd (Helical Fusion) has signed a Power Purchase Agreement (PPA) for fusion energy with Aoki Super Co Ltd (Aoki Super), a major regional supermarket chain in central Japan.

AirBorneo To Launch Website, Call Centre Tomorrow

KUCHING, Dec 9 (Bernama) -- Sarawak state-owned airline AirBorneo will launch its official website and call centre tomorrow, marking the start of ticket sales for flights following its takeover of MASwings at the end of December this year.

Acronis Partners Synology To Enhance Full-System Backup, Data Security

KUALA LUMPUR, Dec 9 (Bernama) -- Acronis, a global leader in cybersecurity and data protection, has partnered with Synology to enhance customer data security, enabling users to perform full-system computer backups while maintaining complete ownership of their data.