KUALA LUMPUR, Feb 24 (Bernama) -- LyondellBasell (LYB), a leader in the global chemical industry, has announced updates to its 2030 climate and circularity goals, citing the need for disciplined capital allocation amid evolving market conditions and regulatory developments.
Reflecting current operating realities, the company now targets a 32 per cent reduction in Scope 1 and 2 greenhouse gas emissions by 2030, compared with a 2020 baseline, and aims to produce and market 800,000 metric tonnes of recycled and renewable-based polymers annually by the same year.
The company said its three-pillared strategy remains unchanged, focusing on growing and upgrading its core business, building a profitable circular and low-carbon business, and strengthening performance and culture.
LYB chief executive officer, Peter Vanacker said the company has made measurable progress and gained a deeper understanding of the factors that support value creation from circular and low-carbon solutions, while maintaining capital discipline in the current economic environment.
“These updates to our goals ensure we remain focused on advancing sustainability as a key value driver of our business at a pace aligned with market conditions and the regulatory environment,” he said in a statement.
Among recent milestones, the company has advanced construction of its first commercial-scale catalytic chemical recycling plant using proprietary MoReTec technology in Wesseling, Germany, supporting future growth in circular and low-carbon solutions.
LYB has also progressed in emissions reduction, including improvements at its Houston Refinery site and energy-efficiency initiatives across its manufacturing operations under its Value Enhancement Program.
In addition, the company has secured sufficient projects to reach its target of procuring at least 50 per cent of its electricity from renewable sources by 2030, based on 2020 procured levels.
Further details on LYB’s refreshed sustainability approach and the enablers supporting its targets will be released in its annual Sustainability Report in April 2026.
-- BERNAMA
Tuesday, February 24, 2026
MAVENIR ENABLES TUNE TALK AS INDEPENDENT CLOUD-NATIVE MNO
KUALA LUMPUR, Feb 23 (Bernama) -- Mavenir, the network software provider building artificial intelligence (AI)‑driven mobile infrastructure, announced that Tune Talk has completed its evolution into a fully independent, cloud-native mobile network operator (MNO).
Through a strategic partnership with Mavenir, the deployment enables Tune Talk to operate its own network systems end‑to‑end, unlocking new speed, agility, and innovation capabilities ahead of its next phase of growth.
By adopting Mavenir’s cloud-native Operations Support Systems (OSS) and Business Support Systems (BSS) solutions, Tune Talk gains full control of its network operations and digital service platforms, providing a software-driven foundation for future growth.
According to a statement, Tune Talk now operates an independent, software‑defined network, an upgrade that enables faster service deployment, more personalised AI-driven customer experiences, and improved network reliability.
The new architecture has already accelerated the rollout of digital services, including MyDigital ID integration, Mastercard ID Theft Protection, free Personal Accident Insurance, foodpanda benefits, and in‑app streaming content such as drama and game subscriptions.
In addition, Tune Talk’s cloud-native operational environment features zero-touch processes and self-healing automation, improving network stability while reducing operational overheads.
Phase two will deepen Tune Talk’s AI-driven transformation, introducing advanced orchestration and next-generation BSS to further enhance network performance, accelerate service delivery, and unlock new revenue streams through contextual, personalised offers.
With this deployment, Tune Talk becomes a reference model for cloud-native MNO operations not just in Malaysia but also across the ASEAN region, demonstrating how modern OSS/BSS architectures can accelerate operator independence, agility, and long-term digital transformation.
In collaboration with Mobile World Live, Mavenir will host a panel discussion at MWC26 on March 2. The session will feature Tune Talk Chief Executive Officer (CEO), Gurtaj Singh Padda, a senior executive from TextNow, and Mavenir President and CEO, Sandeep Singh, highlighting how AI, cloud-native architectures, and flexible monetisation enable mobile networks to differentiate on experience rather than price.
-- BERNAMA
Through a strategic partnership with Mavenir, the deployment enables Tune Talk to operate its own network systems end‑to‑end, unlocking new speed, agility, and innovation capabilities ahead of its next phase of growth.
By adopting Mavenir’s cloud-native Operations Support Systems (OSS) and Business Support Systems (BSS) solutions, Tune Talk gains full control of its network operations and digital service platforms, providing a software-driven foundation for future growth.
According to a statement, Tune Talk now operates an independent, software‑defined network, an upgrade that enables faster service deployment, more personalised AI-driven customer experiences, and improved network reliability.
The new architecture has already accelerated the rollout of digital services, including MyDigital ID integration, Mastercard ID Theft Protection, free Personal Accident Insurance, foodpanda benefits, and in‑app streaming content such as drama and game subscriptions.
In addition, Tune Talk’s cloud-native operational environment features zero-touch processes and self-healing automation, improving network stability while reducing operational overheads.
Phase two will deepen Tune Talk’s AI-driven transformation, introducing advanced orchestration and next-generation BSS to further enhance network performance, accelerate service delivery, and unlock new revenue streams through contextual, personalised offers.
With this deployment, Tune Talk becomes a reference model for cloud-native MNO operations not just in Malaysia but also across the ASEAN region, demonstrating how modern OSS/BSS architectures can accelerate operator independence, agility, and long-term digital transformation.
In collaboration with Mobile World Live, Mavenir will host a panel discussion at MWC26 on March 2. The session will feature Tune Talk Chief Executive Officer (CEO), Gurtaj Singh Padda, a senior executive from TextNow, and Mavenir President and CEO, Sandeep Singh, highlighting how AI, cloud-native architectures, and flexible monetisation enable mobile networks to differentiate on experience rather than price.
-- BERNAMA
Monday, February 23, 2026
COVENTRY TO SHOWCASE LONGEVITY-LINKED ASSET-BACKED SECURITIES AT SFVEGAS 2026
KUALA LUMPUR, Feb 23 (Bernama) -- Coventry, the leader and creator of the secondary market for life insurance, announced it will attend SFVegas 2026 to engage with structured finance leaders as the institutional market for longevity-linked asset-backed securities (ABS) continues to mature.
Through its LILY platform, Coventry structures longevity-linked assets into investment-grade ABS designed to emphasise durable collateral and predictable cash flows that are generally uncorrelated with traditional markets.
Since April 2025, the LILY programme has completed US$750 million in asset-backed notes across three securitisations, establishing a repeatable, programmatic issuance platform for institutional scale. (US$1=RM3.88)
In a statement, Coventry Chief Executive Officer, Reid Buerger said the life insurance-backed asset class is entering a new phase of institutional maturity, and the company has established a programmatic securitisation platform grounded in disciplined underwriting, actuarial rigour, and consistent capital markets execution.
“Our objective is to establish a durable infrastructure that supports sustained issuances and long-term market development. SFVegas provides an important forum to engage with structured finance leaders as longevity-linked assets become an increasingly established component of institutional portfolios,” added Buerger.
Coventry’s presence at SFVegas reflects the continued development of longevity-linked ABS as a distinct segment within structured credit, bringing together scaled life insurance policy origination, actuarial analytics, and institutional-grade securitisation infrastructure to support LILY’s ongoing expansion.
As institutional demand for differentiated, uncorrelated assets continues to grow, Coventry will meet with capital providers, rating agencies, and distribution partners to discuss the expansion of the LILY platform and the broader evolution of longevity-linked ABS.
Guided by a longstanding commitment to consumer rights and market integrity, Coventry leverages its leadership position to raise industry standards, expand consumer choice, and responsibly develop institutional-quality life insurance-backed investment solutions.
-- BERNAMA
Through its LILY platform, Coventry structures longevity-linked assets into investment-grade ABS designed to emphasise durable collateral and predictable cash flows that are generally uncorrelated with traditional markets.
Since April 2025, the LILY programme has completed US$750 million in asset-backed notes across three securitisations, establishing a repeatable, programmatic issuance platform for institutional scale. (US$1=RM3.88)
In a statement, Coventry Chief Executive Officer, Reid Buerger said the life insurance-backed asset class is entering a new phase of institutional maturity, and the company has established a programmatic securitisation platform grounded in disciplined underwriting, actuarial rigour, and consistent capital markets execution.
“Our objective is to establish a durable infrastructure that supports sustained issuances and long-term market development. SFVegas provides an important forum to engage with structured finance leaders as longevity-linked assets become an increasingly established component of institutional portfolios,” added Buerger.
Coventry’s presence at SFVegas reflects the continued development of longevity-linked ABS as a distinct segment within structured credit, bringing together scaled life insurance policy origination, actuarial analytics, and institutional-grade securitisation infrastructure to support LILY’s ongoing expansion.
As institutional demand for differentiated, uncorrelated assets continues to grow, Coventry will meet with capital providers, rating agencies, and distribution partners to discuss the expansion of the LILY platform and the broader evolution of longevity-linked ABS.
Guided by a longstanding commitment to consumer rights and market integrity, Coventry leverages its leadership position to raise industry standards, expand consumer choice, and responsibly develop institutional-quality life insurance-backed investment solutions.
-- BERNAMA
ADDRESS BEACH RESORT DUBAI UNVEILS JACUZZI POOL SUITES FOR ELEVATED BEACHFRONT LIVING
KUALA LUMPUR, Feb 23 (Bernama) -- Address Beach Resort Dubai has introduced its new Jacuzzi Pool Suites, bringing private outdoor indulgence and elevated living to one of the city’s most iconic destinations.
The One Bedroom Jacuzzi Pool Sea View Suite with Balcony offers a private retreat for couples or friends seeking to disconnect from the city’s hustle, according to a statement.
Opening onto an expansive balcony with views of Ain Dubai, Palm Jumeirah, and the Arabian Gulf, the suite features a private Jacuzzi-style plunge pool—perfect for slow mornings with coffee or evenings soaking as the city lights glow. Inside, the living space flows seamlessly to the outdoors, creating a stay that is relaxed, intimate, and quietly elevated.
For families or friends travelling together, the Two Bedroom Jacuzzi Pool Sea View Suite with Balcony provides space to connect without compromising privacy. Featuring two en-suite bedrooms anchored by a central living area, the suite accommodates shared moments—from relaxed breakfasts indoors to sunlit afternoons on the terrace.
The private Jacuzzi-style pool serves as the natural gathering point, framed by uninterrupted views of Bluewaters Island and the Arabian Gulf, while the terrace becomes an idyllic setting for unhurried evenings as daylight fades.
Beyond the new suites, Address Beach Resort Dubai boasts the world’s highest outdoor infinity pool, Dubai’s highest spa, and a curated collection of lifestyle-driven dining experiences, delivering an experience-led approach to luxury.
With the introduction of the new Jacuzzi Pool Suites, the resort further enhances its accommodation portfolio with spaces designed not just to stay in but to truly experience, unwind, and cherish every moment.
-- BERNAMA
The One Bedroom Jacuzzi Pool Sea View Suite with Balcony offers a private retreat for couples or friends seeking to disconnect from the city’s hustle, according to a statement.
Opening onto an expansive balcony with views of Ain Dubai, Palm Jumeirah, and the Arabian Gulf, the suite features a private Jacuzzi-style plunge pool—perfect for slow mornings with coffee or evenings soaking as the city lights glow. Inside, the living space flows seamlessly to the outdoors, creating a stay that is relaxed, intimate, and quietly elevated.
For families or friends travelling together, the Two Bedroom Jacuzzi Pool Sea View Suite with Balcony provides space to connect without compromising privacy. Featuring two en-suite bedrooms anchored by a central living area, the suite accommodates shared moments—from relaxed breakfasts indoors to sunlit afternoons on the terrace.
The private Jacuzzi-style pool serves as the natural gathering point, framed by uninterrupted views of Bluewaters Island and the Arabian Gulf, while the terrace becomes an idyllic setting for unhurried evenings as daylight fades.
Beyond the new suites, Address Beach Resort Dubai boasts the world’s highest outdoor infinity pool, Dubai’s highest spa, and a curated collection of lifestyle-driven dining experiences, delivering an experience-led approach to luxury.
With the introduction of the new Jacuzzi Pool Suites, the resort further enhances its accommodation portfolio with spaces designed not just to stay in but to truly experience, unwind, and cherish every moment.
-- BERNAMA
MAVENIR, TELEFÓNICA TO SET UP JOINT AI INNOVATION HUB
KUALA LUMPUR, Feb 23 (Bernama) -- Mavenir Systems Limited has signed a memorandum of understanding (MoU) with Telefónica, S.A. to establish a joint artificial intelligence (AI) Innovation Hub to accelerate the integration of AI into the evolution of core networks.
The collaborative hub will serve as a real-world testbed for developing, validating and optimising advanced capabilities such as AI-driven autonomous network orchestration and next-generation, intent-based services.
By emulating production-grade traffic patterns in a controlled environment, both companies aim to test and refine solutions ahead of large-scale commercial deployment.
Mavenir President and Chief Executive Officer, Pardeep Kohli said the collaboration leverages Mavenir’s long-standing experience in delivering core, voice and messaging platforms across Telefónica’s operating companies.
“By exposing these network capabilities through open interfaces, we enable AI to turn the network into a programmable service platform, creating a unique opportunity for Telefónica to operationalise AI, launch new digital and enterprise services faster, and unlock new revenue streams,” he said in a statement.
The initiative marks a step towards more intelligent, autonomous and self-optimising telecommunications networks, supporting both companies’ shared vision to embed cloud-native intelligence across network layers.
The collaboration will champion industry-leading practices in AI, data security, and regulatory compliance, while driving joint marketing initiatives, technical thought leadership, and active participation in global industry forums.
-- BERNAMA
Friday, February 20, 2026
THE MALAYAN SUN BEAR: THE ICONIC FACE OF VISIT MALAYSIA 2026, EXPLORE THE NATURAL HABITAT OF WIRA AND MANJA ACROSS MALAYSIA’S PREMIER TOURISM DESTINATIONS
KUALA LUMPUR, Feb 20 (Bernama) -- In conjunction with the Visit Malaysia 2026 (VM2026) campaign, Malaysia is showcasing the nation’s rich biodiversity by promoting the Malayan Sun Bear as a key highlight of the country’s ecotourism offerings. This strategic focus aligns with the introduction of Wira and Manja, the official mascots of VM2026 inspired by this iconic and unique species.
The Malayan Sun Bear, an endangered wildlife species has been chosen as the campaign’s official icon to symbolise Malaysia’s steadfast commitment to wildlife conservation. Designed in a friendly and engaging animated form, Wira and Manja are crafted to appeal to visitors of all ages, evoking a sense of warmth and cheerfulness. This approach further enhances Malaysia’s global image as a welcoming, vibrant and inclusive tourism destination.
Visitors can explore the natural habitats of the Malayan Sun Bear and interact with the VM2026 mascots at a range of key locations across the country, including:
• Bornean Sun Bear Conservation Centre (BSBCC) Sandakan, Sabah;
• Lok Kawi Wildlife Park, Sabah;
• Matang Wildlife Centre, Sarawak;
• Zoo Taiping and Night Safari, Perak;
• Lost World of Tambun, Perak;
• Zoo Negara Malaysia, Kuala Lumpur;
• 99 Wonderland Park, Kuala Lumpur;
• Sunway Lagoon Wildlife Park, Selangor;
• Zoo Melaka, Melaka;
• A' Famosa Safari Wonderland, Melaka;
• Zoo Johor, Johor Bahru; and
• Kemaman Zoo and Recreation Park, Terengganu
Through this campaign, Malaysia invites travellers to experience its unique wildlife, support conservation efforts and enjoy nature-based encounters that showcase the country’s rich biodiversity and ecotourism offerings.
In line with the VM2026 theme, the initiative highlights Malaysia as a sustainable and culturally vibrant destination. Visitors are encouraged to discover the inspiration behind Wira and Manja, Malaysia’s beloved mascots, in safe and protected environments. These experiences offer memorable journeys that celebrate the nation’s natural and cultural heritage.
For more information on the Visit Malaysia 2026 (VM2026) campaign and Malaysia’s diverse tourism offerings, please visit the official Tourism Malaysia website at www.tourism.gov.my.
About Tourism Malaysia
Malaysia Tourism Promotion Board, also known as Tourism Malaysia, is an agency under the Ministry of Tourism, Arts and Culture Malaysia (MOTAC). It focuses on promoting Malaysia as a preferred tourism destination and has, since its establishment, played a significant role in strengthening the country’s presence and competitiveness in the global tourism landscape.
Visit Malaysia 2026 (VM2026) underscores Malaysia’s commitment to sustainable tourism development, in line with the United Nations Sustainable Development Goals (UNSDGs). The campaign aims to showcase the nation’s diverse natural attractions, rich cultural heritage, and vibrant tourism offerings, while driving inclusive growth and long-term value for local communities and industry stakeholders.
For more information, visit Tourism Malaysia’s website www.tourism.gov.my and social media accounts on Facebook, Instagram, X, YouTube, and TikTok.
SOURCE: Tourism Malaysia
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Mohd Akbal Setia
Senior Director of Advertising and Digital Division
and Head of Visit Malaysia 2026 Secretariat
Tel: +603 8891 8700
Email: akbalsetia@tourism.gov.my
Name: Mohamad Tazrin Mohamad Taijo
Assistant Director
Visit Malaysia 2026 Secretariat
Tel: +603 8891 8762
Email: mohamadtazrin@tourism.gov.my
Name: Norshariza Mohd Saad
Deputy Director
Corporate Communications Division
Tel: +603 8891 8775
Emaill: norshariza@tourism.gov.my
--BERNAMA
Thursday, February 19, 2026
Cape EMS Unveils ‘CEB 2.0’ Roadmap to Drive High-Value Tech and Infrastructure Growth
KUALA LUMPUR, Feb 19 (Bernama) -- Cape EMS Berhad (“Cape EMS” or “the Group”) has unveiled its strategic transformation roadmap, dubbed “CEB 2.0,” aimed at repositioning the Group from a traditional electronics manufacturing services (EMS) provider into a high-value technology and infrastructure partner.
The strategic pivot is designed to build long-term earnings resilience and restore market confidence by moving beyond conventional “box-build” assembly into engineering-led, infrastructure-linked, and solution-based offerings.
Managing Director and Group Chief Executive Officer, Christina Tee Kim Chin, stated that the shift represents a fundamental upgrade in the Group’s business model.
“Cape 1.0 was about scale. CEB 2.0 is about value,” she said. “We are transitioning from hardware-centric manufacturing towards engineering integration, intelligent manufacturing networks, and clean-energy infrastructure.”
Four Strategic Pillars The transformation is anchored on four key business pillars: EMS, Battery Energy Storage Systems (BESS), Wireless IoT, and Intelligent Manufacturing Network (IMN).
Central to this strategy is the IMN, driven by the Group’s US-based subsidiary iConn Inc. The division operates a ‘virtual plant’ model that facilitates distributed, AI-optimised production across multiple geographies. This approach allows Cape EMS to mitigate tariff exposure, adapt to geopolitical shifts, and support multinational customers pursuing “China+1” supply-chain diversification strategies.
Capitalising on Johor’s Data Centre Boom Concurrently, the Group is expanding into the BESS and renewable energy infrastructure space through its subsidiary, Cape Renewables, in partnership with Shanghai Sermatec Energy Technology Co. Ltd.
The initiative involves the localisation of BESS assembly and lifecycle support in Johor, aligning with Malaysia’s National Energy Transition Roadmap (NETR). This positions Cape EMS to serve the rising demand from data centres and industrial operators seeking energy reliability.
Tee noted that Johor’s emergence as the nation’s primary data centre hub, coupled with the momentum of the Johor-Singapore Special Economic Zone (JS-SEZ), provides significant strategic tailwinds.
“Cape EMS is positioning itself as a critical infrastructure partner supporting energy resilience, smart mobility, and digital infrastructure operations within this high-growth corridor,” she added.
To support this ecosystem, the Group has entered into a strategic collaboration with Engytech Engineering Services to build digital infrastructure operation and maintenance capabilities. Plans are also underway to establish a Data Centre Academy in Johor to address talent shortages in mission-critical facilities, supporting the New Industrial Master Plan (NIMP) 2030 goals.
Focus on Quality Growth From a capital markets perspective, the Board has outlined a priority over the next 12 to 24 months to demonstrate consistent profitability and disciplined execution. The Group views its return to profitability in the first quarter of FY2026 as a baseline for sustainable performance.
“We are focused on sustainable margin improvement, prudent capital deployment, and transparent engagement with investors. We are not chasing growth for growth’s sake — we are pursuing quality growth,” Tee emphasised.
By operating at the intersection of advanced manufacturing, clean energy, and digital infrastructure, Cape EMS aims to build a more resilient, infrastructure-linked earnings profile moving forward.
SOURCE : Aegis Communication
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Jason Fong
Tel: +6012-8631134
Email: jason@aegiscomm.com.my
--BERNAMA
The strategic pivot is designed to build long-term earnings resilience and restore market confidence by moving beyond conventional “box-build” assembly into engineering-led, infrastructure-linked, and solution-based offerings.
Managing Director and Group Chief Executive Officer, Christina Tee Kim Chin, stated that the shift represents a fundamental upgrade in the Group’s business model.
“Cape 1.0 was about scale. CEB 2.0 is about value,” she said. “We are transitioning from hardware-centric manufacturing towards engineering integration, intelligent manufacturing networks, and clean-energy infrastructure.”
Four Strategic Pillars The transformation is anchored on four key business pillars: EMS, Battery Energy Storage Systems (BESS), Wireless IoT, and Intelligent Manufacturing Network (IMN).
Central to this strategy is the IMN, driven by the Group’s US-based subsidiary iConn Inc. The division operates a ‘virtual plant’ model that facilitates distributed, AI-optimised production across multiple geographies. This approach allows Cape EMS to mitigate tariff exposure, adapt to geopolitical shifts, and support multinational customers pursuing “China+1” supply-chain diversification strategies.
Capitalising on Johor’s Data Centre Boom Concurrently, the Group is expanding into the BESS and renewable energy infrastructure space through its subsidiary, Cape Renewables, in partnership with Shanghai Sermatec Energy Technology Co. Ltd.
The initiative involves the localisation of BESS assembly and lifecycle support in Johor, aligning with Malaysia’s National Energy Transition Roadmap (NETR). This positions Cape EMS to serve the rising demand from data centres and industrial operators seeking energy reliability.
Tee noted that Johor’s emergence as the nation’s primary data centre hub, coupled with the momentum of the Johor-Singapore Special Economic Zone (JS-SEZ), provides significant strategic tailwinds.
“Cape EMS is positioning itself as a critical infrastructure partner supporting energy resilience, smart mobility, and digital infrastructure operations within this high-growth corridor,” she added.
To support this ecosystem, the Group has entered into a strategic collaboration with Engytech Engineering Services to build digital infrastructure operation and maintenance capabilities. Plans are also underway to establish a Data Centre Academy in Johor to address talent shortages in mission-critical facilities, supporting the New Industrial Master Plan (NIMP) 2030 goals.
Focus on Quality Growth From a capital markets perspective, the Board has outlined a priority over the next 12 to 24 months to demonstrate consistent profitability and disciplined execution. The Group views its return to profitability in the first quarter of FY2026 as a baseline for sustainable performance.
“We are focused on sustainable margin improvement, prudent capital deployment, and transparent engagement with investors. We are not chasing growth for growth’s sake — we are pursuing quality growth,” Tee emphasised.
By operating at the intersection of advanced manufacturing, clean energy, and digital infrastructure, Cape EMS aims to build a more resilient, infrastructure-linked earnings profile moving forward.
SOURCE : Aegis Communication
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Jason Fong
Tel: +6012-8631134
Email: jason@aegiscomm.com.my
--BERNAMA
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