AI's Impact On Political Campaigns: New Paper Warns Of Risks, Opportunities For Democracy

KUALA LUMPUR, Jan 27 (Bernama) -- Artificial intelligence (AI) is transforming political campaigns worldwide, creating unprecedented opportunities while amplifying risks for democratic processes, according to the newly launched policy paper developed by Future Shift Labs, a global think tank exploring AI and governance.

Unveiled recently at the IPE Campaign Expo 2025 in Cape Town, South Africa, the paper, The Pervasive Influence of AI on Global Political Campaigns 2024, explores how AI-driven techniques, such as generative AI, have revolutionised voter engagement through personalised messaging.

However, the paper also highlights how these same technologies can fuel disinformation, undermining public trust in democratic institutions.

Authored by Alisha Butala, Dr Christopher Nehring, and Mateusz Łabuz, the policy paper provides actionable insights and global case studies, emphasising the importance of clear regulations, ethical standards, and investment in public education to combat AI-enabled electoral interference.

Future Shift Labs Founder, Nitin Narang, who played a pivotal role in bringing this project to fruition, emphasised that the research is focused on the impact of AI on voters, citizens, and communities.

“Our team's work is driven by a shared commitment to understanding how AI is reshaping our democratic landscape. By shedding light on these critical issues, we hope to contribute to a more informed, inclusive, and resilient global conversation,” he said in a statement.

Meanwhile, Future Shift Labs Co-Founder, Sagar Vishnoi and organiser of IPE 2025, Glen Mpani were present at the launch, reinforcing the think tank's commitment to fostering global discussions on AI governance, transparency, and accountability.

Future Shift Labs is dedicated to advancing AI policies and integrating digital statecraft with cutting-edge technologies, with the IPE Campaign Expo 2025 and principal partner Kairos Communications providing an ideal platform for this groundbreaking launch.

-- BERNAMA

Workplace Options Unveils Return-To-Work Programme For Cancer Survivors

KUALA LUMPUR, Jan 24 (Bernama) -- Workplace Options (WPO), a global leader in holistic health and employee engagement solutions, has introduced the Return to Work: Cancer Care Compass Program, a pioneering initiative to offer comprehensive support for employees recovering from cancer and the managers guiding them through the reintegration process.

Workplace Options President and Chief Executive Officer, Alan King said cancer recovery is not just about surviving but it’s about thriving.

“Through WPO’s Cancer Care Compass Program, we are helping employees return to work with confidence and helping businesses create cultures of care that last,” he said in a statement.

Returning to work after a cancer diagnosis can be challenging due to physical fatigue and cognitive difficulties impacting day-to-day productivity; emotional challenges such as anxiety, fear of judgement, or stigma in the workplace; and uncertainty about navigating workplace dynamics and performance expectations.

Employees often face challenges in understanding how to provide meaningful support while balancing business priorities, while managers may struggle to provide necessary accommodations and ensure a smooth transition.

The Cancer Care Compass Program tackles these challenges with a holistic, multi-layered approach, offering a range of support services, including emotional support, vocational reintegration, functional assessments, and seamless manager collaboration.

The programme empowers managers by providing them with strategies for accommodating returning employees, ensuring they feel supported and integrated. It also focuses on educating managers on the legal and emotional aspects of the reintegration process.

What sets WPO apart is its holistic approach, which not only addresses medical recovery but also emphasises professional and emotional well-being. The Cancer Care Compass Program integrates seamlessly with existing workplace policies and can be adapted globally to meet diverse cultural and regulatory needs.

As a signatory of the Working with Cancer Pledge, WPO emphasises its commitment to creating supportive environments where cancer survivors can thrive at every stage of recovery.

-- BERNAMA

TRANSFER OF KEBABANGAN CLUSTER PSC OPERATORSHIP TO CONOCOPHILLIPS

KOTA KINABALU, Jan 24 (Bernama) -- PETRONAS, through Malaysia Petroleum Management (MPM), marked a milestone in the strategic development of the Kebabangan Cluster Production Sharing Contract (KBBC PSC) with the official transfer of operatorship to ConocoPhillips Sabah Gas Ltd., a subsidiary of the global energy company ConocoPhillips.

The transfer took effect on 21 January 2025, making ConocoPhillips Sabah Gas Ltd. the sole operator of the KBBC PSC. Previously, the KBBC PSC was operated by Kebabangan Petroleum Operating Company Sdn. Bhd. (KPOC), a joint operating company comprising PETRONAS Carigali Sdn. Bhd., Shell Energy Asia Limited, and ConocoPhillips Sabah Gas Ltd.

The transfer of the operatorship was witnessed by the Finance Minister of Sabah Datuk Seri Panglima Masidi Manjun yesterday, representing Chief Minister of Sabah Datuk Seri Panglima Haji Hajiji Haji Noor, alongside Senior Vice President of MPM Datuk Ir. Bacho Pilong.

Datuk Seri Panglima Haji Hajiji said, "Sabah is rapidly emerging as a preferred destination for oil and gas investments, thanks to the strategic developments and partnerships championed by PETRONAS and its industry collaborators. These initiatives underscore the vast potential of Sabah’s resources and reinforce our commitment to driving economic growth and creating opportunities for our people. We look forward to further collaboration with PETRONAS in the best interest of Sabah.”

Datuk Ir. Bacho said, “We thank the Sabah State Government for their support in fostering a conducive environment for oil and gas investments. This collaboration reflects our shared commitment to realising business growth and enhancing energy security. We are also pleased to welcome ConocoPhillips’ expanded role in Malaysia’s upstream sector, which underscores the continued confidence in the nation’s energy potential.”

With an export capacity up to 750 million standard cubic feet of gas per day (MMscfd), the continuation of the KBBC PSC until the end of 2050 and other commercial agreements have been structured to ensure future gas field developments remain economically attractive in supporting Sabah's energy security requirements

PETRONAS remains steadfast in its commitment to ensure an optimal and sustainable supply of oil and gas for energy security, with MPM playing a key role in managing petroleum arrangements and providing stewardship for upstream petroleum activities in Malaysia.

For more information on investment opportunities in Malaysia, please visit https://www.petronas.com/mpm/

Issued by
Media Communications
Group Strategic Relations and Communications
PETRONAS

SOURCE: PETRONAS

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Neil Brian Joseph
Email: neilbrian.joseph@petronas.com

--BERNAMA

EGGDROP Makes A Sizzling Debut In The Philippines

KUALA LUMPUR, Jan 22 (Bernama) -- EGGDROP, Korea’s premium egg sandwich brand, has launched its first store in the Philippines at the iconic SM Mall of Asia in Manila.

The launch was met with great excitement, as customers flocked to try signature sandwiches such as the Chicken Club Sandwich, Avo Holic, and Mr. Egg, generating enthusiastic feedback and positive reviews.

In a statement, EGGDROP said the location in SM Mall of Asia, a bustling shopping destination, was chosen for its high traffic and diverse customer base.

EGGDROP Philippines head, Stuart Wong shared that the brand’s presence in the popular Korean drama Hospital Playlist inspired him to introduce EGGDROP to Filipino audiences.

“The joy of taking that first bite of an EGGDROP sandwich is unforgettable. We are thrilled to finally bring this perfect sandwich to Filipinos,” he said.

Meanwhile, its head of design and operations, Han Kyu-won highlighted that the Philippines' young population and rising middle class make it an ideal market as Korean pop culture continues to gain popularity.

“We have ensured that the iconic taste of EGGDROP is preserved by maintaining the highest standards, using local supply chains to guarantee freshness while supporting Filipino farmers,” said Han.

EGGDROP’s aesthetically pleasing sandwiches quickly gained traction on social media, with comments like “The best toast I’ve ever had!” and “One bite and I’m in heaven!”. The brand’s Instagram presence has fuelled interest and drawn more customers to the store.

The brand’s commitment to quality and local partnerships sets it apart. The brioche buns are crafted with EGGDROP’s Korean recipe, while organic eggs and other key ingredients are locally sourced to create a perfect blend of Korean and Filipino influences.

As a leader in the global K-food movement, EGGDROP plans to expand further across Asia, with a second store set to open in Bonifacio Global City by early 2025.

-- BERNAMA

TPN TOURISM LEADERS SUMMIT 2025 CHARTS MALAYSIA'S TOURISM INDUSTRY'S PRODUCTIVITY AND SUSTAINABILITY

 

Champion Tourism Productivity Nexus, Mr. Rohizam Yusoff, and MPC Director, Mr. Yazid Majid, together with MaTEx Certified Companies 2024

PETALING JAYA, Jan 23 (Bernama) -- The Tourism Leaders Summit (TLS) 2025, held on 20 January 2025 at the Mercure Kuala Lumpur Glenmarie, underscores the Tourism Productivity Nexus (TPN)’s commitment to fostering a robust, competitive, and sustainable tourism industry, with productivity as a key driver to enhance operational efficiency, optimise resources, and support overall industry growth.

The summit brought together over 100 organisations and individuals, including tourism industry leaders, policymakers, and key stakeholders, to kick off 2025 with a strong start in preparation for Visit Malaysia Year 2026.

TLS 2025 served as a platform to exchange ideas, debate strategies, and establish collaborative frameworks to elevate Malaysia’s tourism industry to new heights. Central to these discussions was a shared aspiration to transform tourism into a dynamic force for sustainable practices, economic growth, cultural enrichment, and environmental preservation. The summit highlighted that the success of Malaysia’s tourism industry hinges on the collective ability to pool resources, tap into diverse talents, and champion ethical stewardship of the nation’s natural and cultural heritage.

TPN Champion, Rohizam Md Yusoff, set an ambitious, optimistic, and unified tone. “The intersection of culture, environment, heritage, and community within Malaysia’s tourism narrative is essential for the industry’s success. The revitalisation of tourism is not just about increasing visitor numbers or generating higher revenues; it centres on harnessing the industry’s multifaceted potential to promote social cohesion, safeguard delicate ecosystems, and enhance national pride.”

“This comprehensive approach requires digitalisation, innovation, the continuous pursuit of knowledge, and collaboration across a broad spectrum of stakeholders. While the industry faces fast-evolving challenges, such as shifting traveller preferences and the global push for environmental responsibility, these obstacles also present new opportunities for reinvention.”

“TLS 2025 sends a clear message: with determination, creativity, and concerted cooperation, Malaysia can emerge as a premier destination that delights the modern traveller while fostering profound respect for the nation’s cultural roots and ecological treasures. Sustainability is the game-changer for the industry’s productivity and competitiveness. TPN’s Sustainable Tourism Roadmap serves as a guide for Malaysia’s tourism industry players to enhance sustainable practices,” said Rohizam.

Insights from the Director General of the Malaysia Productivity Corporation (MPC), Zahid Ismail, further amplified TLS 2025’s message. He highlighted the tourism industry’s significant economic impact, emphasising its pivotal role in driving national productivity, creating extensive employment opportunities, and enhancing Malaysia’s global competitiveness.

“Enhancing the tourism industry’s productivity aligns with broader national goals to revitalise diverse sectors, strengthen workforce capabilities, and pivot towards a future where technology, sustainability, and innovation take centre stage. Through its extensive value chain, tourism acts as a catalyst for socio-economic progress,” said Zahid.

Among TPN’s core initiatives in preparation for Visit Malaysia Year 2026 are the holistic Sayangi Malaysia campaign, the Malaysia Tourism Excellence (MaTEx) Business Certification programme, and TalentCorp’s MyMahir initiative.

Throughout the summit, there was a strong emphasis on multi-stakeholder collaboration to unify the efforts of local communities, government agencies, and private enterprises in co-creating meaningful solutions.

With the countdown to Visit Malaysia Year 2026 well underway, the summit concluded on a note of palpable optimism. Malaysia has set an ambitious target of welcoming 23.5 million international arrivals and generating USD 17 billion in tourism receipts.

About Malaysia Productivity Corporation (“MPC”)
MPC is a statutory body under the Ministry of Investment, Trade and Industry (“MITI”). It drives national productivity holistically at the national, sectoral, and enterprise levels through three main thrusts: developing future talent, driving digitization and innovation, and building a robust ecosystem. It collaborates strategically with the private and public sectors by emphasising productivity as a key agenda to boost productivity growth and national competitiveness, ultimately leading to shared well-being and prosperity.

About Tourism Productivity Nexus (TPN)
TPN is an industry-led establishment under the purview of MPC. Established as part of Malaysia Productivity Blueprint (MPB), TPN serves as the one-stop centre which assists enterprises to boost productivity, increase innovation, and capture growth opportunities that will lead to higher productivity of the tourism industry. TPN champions various initiatives with the aim to facilitate growth and increase productivity at the national, sectoral, and enterprise level, where the main strategic thrust to boost productivity are talent, industry structure, regulation, digitalisation and productive mindset.

SOURCE: Malaysia Productivity Corporation (MPC)

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Nik Haneez Amizan Nik Rosdi
Tel: 019-7181804
Email: nikhaneez@mpc.gov.my

Name: Emilly Christal Carol Tony
Tel: 019-8619564
Email: Emilly@mpc.gov.my

--BERNAMA

WEF25: SAUDI FOREIGN MINISTER SAYS MIDDLE EAST HAS "OPPORTUNITY TO TURN A PAGE" FOLLOWING GAZA CEASEFIRE

Saudi Arabia’s Minister of Foreign Affairs, His Highness Prince Faisal bin Farhan bin Abdullah, addressed a panel session at the World Economic Forum Annual Meeting 2025 in Davos on ‘Diplomacy amid Disorder’, where he spoke about an opportunity for the region “to turn a page” (Photo: AETOSWire)

 

DAVOS, Switzerland, Jan 23 (Bernama-BUSINESS WIRE) -- Saudi Arabia’s Minister of Foreign Affairs, His Highness Prince Faisal bin Farhan bin Abdullah, today said the Middle East has an opportunity to shape a prosperous future following the Gaza ceasefire deal which came into effect at the start of the week.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250121797711/en/

“We are certainly in a region that is abundant with risk factors. But we are also in a region that has huge potential. Even with a very difficult year behind us, we have shown we can be resilient as a region and we can look to the future, whether it’s the Kingdom, the GCC countries and their ability to stay on track with their economic agendas. But also, as we see now with Syria, Lebanon, and possibly now in Gaza – there is positivity there.

“The opportunity to turn a page exists in the whole region. I choose to be optimistic,” the Saudi Minister of Foreign Affairs said.

His Excellency Ahmed A. Al-Khateeb, Minister of Tourism, in a session titled ‘Travel and Tourism’s Role in Building Trust,’ commented: “Since opening our doors back in 2019, we’ve been blessed to receive millions of international arrivals. We started with 10 million tourists in 2019, and last year hit almost 30 million. Travel and tourism is contributing to building a diversified and more resilient economy.”

During a Saudi House panel session on ‘New Approaches to Measuring Growth Beyond GDP’, His Excellency Mohammed A. Aljadaan, Minister of Finance, emphasized that growth should not be limited to GDP alone. He highlighted the importance of monitoring additional indicators to ensure that growth is both inclusive and sustainable across various dimensions.

Speaking in a panel on ‘The Future of Growth’, His Excellency Faisal F. Alibrahim, Minister of Economy and Planning, highlighted the Kingdom’s long-term approach to growth: “Saudi Vision 2030 is an example of bold leadership that has led us to plan with confidence, deliver with optimism, but also manage with prudence.”

The WEF released a briefing paper with expert input from HE Al-Khateeb, Minister of Tourism, on ‘The Future of Travel and Tourism: Embracing Sustainable and Inclusive Growth’ exploring trends in the sector and the importance of cross-sector collaboration. The Ministry of Tourism also released an Investor White Paper highlighting initiatives transforming the Kingdom's tourism sector under Vision 2030.

During a Saudi House session hosted by the Ministry of Investment and Ministry of Communications and Information Technology, Salesforce announced plans to open a new regional headquarters in Riyadh, pledging to provide upskilling opportunities to 30,000 Saudi citizens by 2030. The firm also announced a partnership agreement with IBM to open an AI Innovation Center in the Kingdom.

Source: AETOSWire


View source version on businesswire.com: https://www.businesswire.com/news/home/20250121797711/en/


Contact

Wooud Alquaied
walquaied@mep.gov.sa

Source : Saudi Ministry of Economy and Planning

--BERNAMA

CBL Chairman & CEO Shares Vision For Sustainable Fuels In Nasdaq Interview

KUALA LUMPUR, Jan 21 (Bernama) -- CBL International Limited (CBL), the listing entity of Banle Group (Banle) announced its Chairman and Chief Executive Officer, Teck Lim Chia, was recently featured in an exclusive interview on Nasdaq's Amplify Spotlight programme.

According to CBL in a statement, during the interview, Chia shared updates on the company’s progress and discussed its vision for sustainable fuels.

Expressing pride in the opportunity, Chia commented that being featured on Nasdaq’s Amplify Issuer Spotlight reflects CBL's remarkable growth and significant strides in the global bunkering industry.

“As we continue to expand our footprint across new markets, our commitment to sustainability remains at the core of our operations.

“We are excited about the future of the bunkering industry and our role in driving the transition to more sustainable fuels, contributing to the global decarbonisation efforts,” he added.

In a conversation with host Michael Spector, Chia highlighted CBL's commitment to offering comprehensive refuelling solutions at over 60 global ports while emphasising the company’s focus on sustainability.

He also noted CBL’s impressive growth since its establishment in 2015, including its 2023 Nasdaq listing and expansion into new markets such as Europe, Africa, and Asia Pacific.

Chia further discussed CBL's adoption of sustainable fuels like B24 biofuel, which led to a nearly 96 per cent rise in biofuel sales in the first half of 2024, aligning with global decarbonisation efforts.

The Nasdaq Issuer Spotlight interview series highlights industry leaders navigating challenges and evolving within their sectors.

-- BERNAMA

​RHINO.AI ANNOUNCES $50M SERIES A TO TRANSFORM ENTERPRISE MODERNIZATION

AsiaNet 0200667


WASHINGTON, D.C, Jan.22, 2025 /AgilityPR-AsiaNet/--

Koch Venture Capital Group, Koch Disruptive Technologies, Leads Funding Round

Rhino.ai, a leading AI-powered enterprise platform, announced $50 million in Series A funding led by Koch Disruptive Technologies. The investment will fuel Rhino.ai’s mission to help organizations transform outdated systems into agile, scalable solutions.

By combining agentic AI with human expertise, Rhino.ai's intelligent platform analyzes complex legacy systems and automatically generates modernized applications in any desired technology stack. While traditional modernization tools focus on code conversion, Rhino.ai orchestrates the entire transformation journey - from deep system analysis to collaborative requirements, refinement and automated development - reducing modernization timelines from years to months.

Breaking new ground beyond conventional AI copilots, Rhino.ai is the first end-to-end platform that enables business teams, developers, and system integrators to collaborate seamlessly through an AI-powered modernization lifecycle. Rhino.ai’s state-of-the-art agent-graph architecture leverages a blend of industry-leading large language models (LLMs) alongside Rhino.ai’s own advanced, proprietary LLMs to deliver enterprise-grade transformations with unprecedented speed and accuracy."

"Transforming enterprise systems requires more than automating isolated tasks. Our platform manages the end-to-end process, from discovery to deployment, enabling organizations to seamlessly transition to modern architectures without the constraints of proprietary systems,” said Adam Branch, CEO of Rhino.ai.

The global market for legacy system transformation is projected to reach $583 billion by 2027, underscoring the urgency for organizations to replace cumbersome systems with flexible, future-ready infrastructures. Rhino.ai is leading this shift, automating the discovery, transformation, and deployment of entire application portfolios through its innovative platform.

Rhino.ai’s platform transforms applications across diverse architectures, including low-code/no-code environments, microservices, and systems on platforms like AWS, GCP, Azure, or open-source frameworks. Its Universal Application Notation (UAN) framework decouples business-critical applications from vendor-specific constraints, enabling organizations to modernize without proprietary limitations.

"Rhino.ai's innovative approach to legacy system modernization aligns perfectly with the urgent need for digital transformation across industries," said Byron Knight, President of Koch Disruptive Technologies.

Koch Disruptive Technologies, Koch’s venture capital group, is leading the $50 million Series A funding round. This new funding will support Rhino.ai’s growth by expanding its engineering team, enhancing product offerings, and scaling operations to meet the surging demand for modernization solutions. Backed by Koch, Rhino.ai is well-positioned to redefine how enterprises and government agencies transform their technology landscapes. The investment will fuel Rhino.ai’s mission to help organizations transform outdated systems into agile, scalable solutions.

"This partnership with Rhino.ai represents a continuing shift towards AI in our digital transformation efforts," said Matt Hoag, Koch CTO. "By addressing our technical debt more efficiently using AI agents, we have the opportunity to not just save time and money – but also free up our talented developers to focus on innovation."

About Rhino.ai
Rhino.ai revolutionizes the way organizations upgrade legacy systems. By automating software development and simplifying complex modernization processes, Rhino.ai enables faster, more cost-effective digital transformation with unmatched operational agility. For more information, visit www.rhino.ai

About Koch Disruptive Technologies (KDT)
Koch Disruptive Technologies is a venture capital firm partnering with principled entrepreneurs who are building high-growth companies that have the potential to transform industries. KDT has a flexible mandate to make investments at any stage of a company's life cycle, from seed to late-stage growth. KDT is a Koch company, one of the largest privately held companies in the world, with annual revenues that have exceeded $125 billion and operations in more than 50 countries. KDT helps its partners unlock their full potential by bringing them Koch’s capabilities and network, structuring unique capital solutions, and embracing a long-term mutual benefit mindset. For more information, visit www.kochdisruptivetechnologies.com

Media contacts:
Zara Thornwood
Chief Innovation Officer
rpress@rhino.ai

Source: Rhino.ai

--BERNAMA

NEOVIVA'S FIRST SWISS ADDICTION TREATMENT PROGRAMME TO REDEFINE PERSONALISED RECOVERY

KUALA LUMPUR, Jan 21 (Bernama) -- NEOVIVA, a luxury rehab centre, has introduced Switzerland’s first and only assurance programme in addiction treatment.

With a structured and tailored approach, NEOVIVA’s programme addresses each client's specific needs, blending cutting-edge therapeutic methods with comprehensive aftercare, according to a statement.

The NEOVIVA Guarantee is a testament to the effectiveness of its personalised Signature Programme and reflects confidence in the programme's ability to help clients achieve sustainable recovery.

NEOVIVA Chief Executive Officer and Co-Founder, Fenina Erpf, alongside its founder, Oliver Neubert said the NEOVIVA Guarantee reflects the company’s confidence in the programme’s effectiveness and represents a lifelong partnership in recovery.

Eligible clients who complete a minimum of six weeks of NEOVIVA’s Signature programme and adhere to the 30-week continuing care plan may return for up to four weeks of additional intensive treatment at no extra cost if they relapse within a year.

Nestled on the tranquil shores of Lake Lucerne, NEOVIVA’s luxury rehab facility combines world-class care with an exclusive and serene environment. Housed within a real-life hotel setting, it offers the perfect balance of comfort, privacy, and discretion, ensuring a supportive space for recovery.

This unique setting empowers clients with the tools and strategies needed to navigate life beyond treatment, all while immersed in the breathtaking beauty of the Swiss Alps.

With pioneering methodologies, a high staff-to-client ratio, and a commitment to profound personal transformation, NEOVIVA is more than a rehab centre; it is a life-changing experience for those seeking lasting recovery.

-- BERNAMA

DERIV RECOGNISED AS "MOST INNOVATIVE BROKER - MEA 2025"

· Deriv attends the iFX Expo in Dubai and takes home the title “Most Innovative Broker - MEA 2025”
· This award reflects Deriv’s 2025 objective of being an AI-first company, redefining fintech and shaping the future of trading

DUBAI, United Arab Emirates, Jan 21 (Bernama-GLOBE NEWSWIRE) -- Deriv has proudly been named the “Most Innovative Broker - MEA 2025” at this year’s Dubai iFXEXPO. This prestigious award highlights the company’s commitment to groundbreaking innovation, building trust, and providing exceptional service to both clients and partners. With 25 years of industry leadership, Deriv has made trading more accessible worldwide by offering a wide array of platforms, products, and advanced solutions.

Deriv’s focus on innovation has driven the integration of AI across its operations, enhancing efficiency and user experiences. To streamline workflows and empower its teams, Deriv has embraced low-code platforms. These tools have reduced development times, enabling quicker iterations and improvements across projects like website updates and user onboarding. By addressing the challenges of traditional code-heavy systems, this strategy has fuelled innovation across the organisation.

This accolade coincides with a transformative phase in Deriv’s journey as it pivots towards becoming an AI-first company. “In 2025, our focus will be on integrating AI into the DNA of every department and empowering our teams to build their capabilities,” said Rakshit Choudhary, Co-CEO of Deriv. “We plan to use AI to automate tasks, leverage data analysis, streamline processes, and scale smarter.”

Deriv’s vision for artificial intelligence spans multiple facets of its operations, including predictive support to address client queries, enhanced compliance protocols, and optimised recruitment processes. Beyond its internal advancements, Deriv plans to use AI to innovate and deploy new product offerings. Prakash Bhudia, Head of Product and Growth at Deriv, reflected on the achievement: “Being named the ‘Most Innovative Broker - MEA’ is a testament to our relentless pursuit of excellence. This award underscores our mission to empower traders with intuitive, cutting-edge solutions while ensuring a seamless, trustworthy trading experience.”

About Deriv

For 25 years, Deriv has been committed to making online trading accessible to anyone, anywhere. Trusted by over 2.5 million traders worldwide, the company offers an expansive range of trade types and boasts over 200 assets across popular markets on award-winning, intuitive trading platforms. With a workforce of more than 1,400 people globally, Deriv has cultivated an environment that celebrates achievements, encourages professional growth, and nurtures talent development, which is reflected in its Platinum accreditation by Investors in People.

Press contact

pr@deriv.com

A photo accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/c4b6f05a-96ca-44ee-a8ae-a13c95017d15

SOURCE: Deriv Services Ltd

DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.

--BERNAMA

CIMB PROMOTES MALAYSIA AS A DYNAMIC INVESTMENT HUB, REINFORCING GLOBAL INVESTOR CONFIDENCE

LONDON, Jan 21 (Bernama) -- CIMB Group Holdings Berhad (“CIMB Group”) recently co-hosted the first edition of Invest Malaysia 2025 series in London, bringing together the Government, leading Malaysian corporates, and global institutional investors to promote Malaysia as a key investment destination. Themed “Malaysia’s Economic Resurgence, Driving ASEAN’s Growth”, the event lasted over 1.5 days, attended by more than 200 delegates comprising foreign fixed income, equity and private equity investors with a combined total asset under management (“AUM”) of more than USD50.7 trillion. The event was specially curated to provide in-depth insights into Malaysia’s economic outlook, dynamic economic policies, and ASEAN-focus initiatives, showcasing the country’s standing as an attractive hub for global investments.

Novan Amirudin, Group Chief Executive Officer, CIMB Group said, “We are proud to play an active role in positioning Malaysia as a premier investment hub for global investors. This is underpinned by the nation’s resilient economic outlook, strong domestic demand, progressive fiscal reforms, and strategic participation in key multilateral trade agreements including BRICS and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (“CPTPP”), marking the first ever free trade agreement between the UK and Malaysia.”

As Malaysia assumes the ASEAN chairmanship in 2025, the country seeks deeper ties with both the Global North and South in advocating for the continuation of rules-based trade and commerce. The momentum remains strong, driven by clear policy direction set forth in the MADANI economic framework. Key priorities include a renewed focus on re- industrialisation through the New Industrial Master Plan (“NIMP”), advancing green transition via the National Energy Transition Roadmap (“NETR”), scaling the technology curve and expanding backward and forward supply chain linkages. These efforts particularly emphasise sectors where Malaysia holds comparative advantage, such as semiconductors, as outlined in the National Semiconductor Strategy (“NSS”).

“As a vital gateway for facilitating both inbound and outbound trade, not just for Malaysia but the region, CIMB remains committed to supporting the Government’s efforts to strengthen global economic ties, elevate Malaysia’s competitive advantage, and foster long-term economic sustainability,” concluded Novan.

CIMB would like to express its sincere gratitude to Invest Malaysia London 2025 partners – Bursa Malaysia and HSBC Malaysia, for their invaluable support in ensuring the success of this event.

About CIMB

CIMB is one of ASEAN’s leading banking groups and Malaysia’s second largest financial services provider, by assets. Listed on Bursa Malaysia via CIMB Group Holdings Berhad, it had a market capitalisation of approximately RM86.3 billion as at 30 September 2024. It offers consumer banking, commercial banking, wholesale banking, transaction banking, Islamic banking and asset management products and services. Headquartered in Kuala Lumpur, the Group is present in ASEAN nations in Malaysia, Indonesia, Singapore, Thailand, Cambodia, Vietnam and Philippines.

Beyond ASEAN, the Group has market presence in China, Hong Kong and UK. CIMB has one of the most extensive retail branch networks in ASEAN with 592 branches and over 33,000 employees as at 30 September 2024. CIMB’s investment banking arm is one of the largest Asia Pacific-based investment banks, which together with its award-winning treasury & markets and corporate banking units comprise the Group’s leading wholesale banking franchise. CIMB is also the 92.5% shareholder of Bank CIMB Niaga in Indonesia, and 94.8% shareholder of CIMB Thai in Thailand.

Photo: https://we.tl/t-KTIfSEZuXJ

Photo Captions:
Picture 1: YAB Dato’ Seri Anwar Ibrahim, Prime Minister, delivered the keynote address at the Invest Malaysia 2025 series in London.
Picture 2: (From left to right) Michelle Chia, Head of Treasury and Markets Research, Group Wholesale Banking, CIMB moderated a fireside chat with panellists, Datuk Johan Mahmood Merican, Secretary General of Treasury, Ministry of Finance and Dato’ Seri Abdul Rasheed Ghaffour, Governor, Bank Negara Malaysia.

SOURCE: CIMB Group Holdings Berhad

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Anis Azharuddin / Kelvin Jude Muthu
Group Corporate Communications
CIMB Group Holdings Berhad
Email: anis.azharuddin@cimb.com / kelvinjude.muthu@cimb.com

--BERNAMA

MCGRAW HILL, UITM EXPAND COLLABORATION TO ELEVATE DIGITAL LEARNING EXPERIENCE

KUALA LUMPUR, Jan 20 (Bernama) -- McGraw Hill has announced an expanded partnership with Malaysia's largest higher education institution, Universiti Teknologi MARA (UiTM), to enhance its state-of-the-art digital content for over 35,000 learners.

The new agreement builds on an existing relationship with the institution, which already uses McGraw Hill’s digital solutions blended with original content developed for UiTM learners in various business disciplines.

“UiTM is a widely respected institution in the national and global higher education landscape, and we are thrilled to see our relationship with them deepen through this new agreement.

“The creation of new, localised content built to serve their exact needs will bolster student engagement and, combined with the McGraw Hill learning platform, will enhance student outcomes. We look forward to the future of our relationship,” said McGraw Hill International Senior Vice President, Neil Harris in a statement.

Meanwhile, UiTM Dean, Faculty of Business and Management, Professor Firdaus Abdullah said this collaboration provides UiTM’s students and faculty with access to cutting-edge resources and tools, enriching the learning experience and supporting its institution's mission of academic excellence.

The expanded cooperation will see McGraw Hill and UiTM collaborate to deliver content customised to the institution's specific needs hosted on McGraw Hill’s digital learning platform, including Connect.

UiTM is the largest comprehensive university in Malaysia, providing innovative education with state-of-the-art infrastructure and technology within reach at its 34 campuses, four colleges of studies, 14 faculties, and nine academic centres all over the country.

A global education company that partners with millions of educators, learners and professionals worldwide, McGraw Hill has over 30 offices across North America, Asia, Australia, Europe, the Middle East and South America, and makes its learning solutions for PreK-12, higher education, professionals and others available in more than 80 languages.

-- BERNAMA

Power International Holding Secures Full Ownership Of MTS From Kazakhtelecom

KUALA LUMPUR, Jan 17 (Bernama) -- Power International Holding (PIH), a globally recognised Qatari-based conglomerate, has officially completed the acquisition of Mobile Telecom-Service LLP (MTS) from Kazakhtelecom JSC, securing full ownership of the company.

This follows the initial agreement signed on Feb 14, 2024, in Doha between PIH, Kazakhtelecom, and the sovereign wealth fund Samruk-Kazyna, as well as the signing of the definitive sale and purchase agreement on June 4, 2024.

PIH chief executive officer (CEO) of the Telecom Group, Mikhail Gerchuk said this acquisition is part of the company’s effort to enhance the customer experience and drive the growth of Kazakhstan’s technology sector.

“Along with PIH’s portfolio that includes artificial intelligence (AI)-powered applications, cloud analytics, robotic process automation, and AI-enhanced customer experiences, we are committed to positioning Tele2 as a telecom and digital champion in Kazakhstan,” he said in a statement.

Meanwhile, Kazakhtelecom CEO, Bagdat Mussin valued the successful completion of the transaction, stating that this transaction marks a key milestone in MTS’s strategic development and sets the stage for sustained growth and value creation.

“I am also proud of the work that the MTS team has achieved under our leadership and pleased to pass the baton to PIH to develop MTS’ work further and with greater focus, supporting the digital transformation of Kazakhstan,” said Mussin.

MTS, known for its prominent brands Altel and Tele2, is Kazakhstan's leading provider of 5G services. Established in 2004, MTS has around 2,000 employees and more than 140 retail outlets, offering a broad range of telecommunications and digital services.

The telecom industry in Kazakhstan, with its 20.2 million people and high penetration rates of mobile and internet usage, is experiencing robust growth as consumer demand for advanced connectivity and digital services continues to rise.

-- BERNAMA

AMBANK ISLAMIC REWARDS WINNERS WITH PRIZES WORTH RM638,000 FOR THE AMREWARDS 4.0 MID-YEAR CAMPAIGN DRAW

 

From Left to right; Jack Chai, AmRewards 4.0 Switch Your Payroll category winner, Eqhwan Mokhzanee, Chief Executive Officer, AmBank Islamic, AmRewards 4.0 Mid-Year Grand Prize Winner, Tee Sze Yan, Cheong Chee Wai, Managing Director, Retail Banking, AmBank and Goh Kee Shan, Youth Savers category winner (represented by Mdm. Wong Oi Lan) at the prize giving ceremony.

Tesla Model Y Headlines the Rewards as AmBank Islamic Encourages Wealth-Building Through Continuous Savings in AmWafeeq Savings Account-i

KUALA LUMPUR, Jan 17 (Bernama) -- AmBank Islamic celebrates the winners of its AmRewards 4.0 Mid-Year Draw with RM638,000 worth of prizes. Topping the list as the Mid-Year Grand Prize Winner is Tee Sze Yan, a depositor from Muar Branch, who drove away with the highly coveted Tesla Model Y.

Jack Chai from AmCorp Mall branch takes home a BYD Atto 3 valued at RM149,800 for the Switch Your Payroll category. Meanwhile, Goh Kee Shan hailing from Kota Damansara cruises away with a Toyota Yaris for winning the newly introduced Youth Savers category.

Eqhwan Mokhzanee, Chief Executive Officer, AmBank Islamic said “The success of this campaign over the last four years has demonstrated the strong relationship we have built with our customers. We are committed to not only meet their financial needs but also enriching their lives through meaningful products such as AmWafeeq Savings Account-i. Congratulations to all the winners for their well-deserved rewards”.

Mid Year Grand Prize Winner Ms. Tee commented on her winnings "Winning the sleek Tesla Model Y feels surreal! The AmOnline app has made saving so convenient that it keeps me motivated to build my balance. I strongly urge everyone to take full advantage of these fantastic initiatives that support and promote good financial habits.

As part of AmBank’s strategic approach to growing its deposits portfolio, the AmRewards campaign is designed to encourage customers to build wealth while rewarding them for their continuous savings. With categories catering to diverse customer segments, including youth savers and payroll switchers, the campaign underscores AmBank Islamic’s commitment to fostering financial stability and good savings habits among its customers.

The fifth instalment of AmRewards campaign was launched in May 2024 and runs until April 2025. More exciting prizes are still up for grabs including main cash prizes of RM1 million, RM300,000 and RM100,000. Other rewards include Umrah Package, Toyota Yaris, BYD Atto 3 and the new iPhone 15.

Cheong Chee Wai, Managing Director, Retail Banking, AmBank Group said, “This campaign reflects our dedication to our customers. Their continuous support has been instrumental to AmBank Islamic’s growth and we are thrilled to shower the winners with meaningful rewards. With more prizes available in our next draw in April 2025, I encourage everyone to build their savings in their AmWafeeq Savings Account-i to increase their chances of winning.”

About AmBank Group

AmBank Group is a leading financial services group with over 40 years of expertise in supporting the economic development of Malaysia. We have over three million customers and employ over 8,000 people.

The Group was listed on the Main Market of Bursa Malaysia in 1988. It is the sixth-largest banking group by assets in Malaysia, with a market capitalisation of more than RM12 billion as at 31 March 2023.

AmBank Group serves over three million individual and corporate customers. It provides services in wholesale banking, retail banking, business banking, investment banking and related financial services which include Islamic banking, underwriting of general insurance, life insurance, family takaful, stock and share broking, futures broking, investment advisory and management services in assets, real estate investment trust and unit trusts.

For more information, please visit www.ambankgroup.com


SOURCE: AmBank Group

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Ridzuan Zulkifli
Senior Vice President
Group Corporate Communications and Marketing
AmBank Group
Email: ridzuan.zulkifli@ambankgroup.com

Media Relations
Email: media.relations@ambankgroup.com

--BERNAMA

20% OF GEN Z AND ALPHA OPEN TO CRYPTO-BASED PENSIONS, BITGET RESEARCH

VICTORIA, Seychelles, Jan 17 (Bernama-GLOBE NEWSWIRE) -- A new report from Bitget Research, the analytical division of the world's leading cryptocurrency exchange and Web3 company Bitget, reveals a significant shift in retirement planning trends among younger generations. According to the study, 20% of Generation Z and Alpha are open to receiving pensions in cryptocurrency, reflecting their increasing trust in alternative financial systems and digital money.

Key Findings:

· 78% of respondents expressed greater trust in alternative retirement savings options compared to traditional pension systems.
· 20% of Generation Z and Alpha respondents showed a willingness to receive pensions in cryptocurrency.
· Over 40% of young individuals have already invested in cryptocurrencies, demonstrating a strong interest in digital assets.
· 73% of respondents admitted to lacking a full understanding of how traditional pension funds work.

The report highlights a major shift in how younger generations approach financial planning. For Gen Z and Alpha, traditional pensions, once seen as essential for financial security, are now losing their appeal. Instead, they are seeking modern, adaptable solutions that align with their tech-savvy lifestyles and changing priorities.

A Generational Mindset Shift

Digital-native Gen Z and Alpha have grown up in a world of rapid technological progress, and their financial preferences reflect this. Many are skeptical of the old systems and are increasingly leaning towards decentralized finance and blockchain-based solutions. The report reveals that over 20% of young people are open to including cryptocurrency in their retirement plans, seeing it as a modern approach to securing their financial future.

“This is a wake-up call for the financial industry,” said Gracy Chen, CEO of Bitget. “Younger generations are no longer content with one-size-fits-all pension systems. They’re looking for modern solutions that give them more control, flexibility and transparency.”

Challenges to Overcome

While interest in digital assets is growing among younger generations, obstacles like cryptocurrency volatility, regulatory uncertainty, and cybersecurity risks continue to hinder widespread adoption. Moreover, many young people are not fully informed about either traditional or crypto-based pension options.

The report stresses the importance of addressing these challenges, noting that crypto pensions could become a transformative option for younger generations if done right. With user-friendly interfaces, better education, and stronger protection measures, digital assets could offer a transparent and efficient way to save for the future.

What Financial Institutions Need to Know

The report sends a clear message to governments and financial institutions: adapt or risk falling behind. The findings call for a focus on:

1. Simplifying and modernizing traditional pension systems.
2. Providing education about both traditional and crypto-based financial planning.
3. Establishing clear regulations to address concerns about crypto’s stability and security.

“Young people are reshaping the way we think about money,” added Gracy Chen. “The rise of crypto pensions isn’t just a passing trend — it’s part of a larger financial revolution. The industry needs to catch up.”

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, Bitget is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/81fc9e1c-40b3-410b-bcd1-243c51bf3cac

SOURCE:: Bitget Limited

DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.

--BERNAMA

Wolters Kluwer Study: AI's Role In Shaping The Future Of Tax & Accounting Industry

KUALA LUMPUR, Jan 15 (Bernama) -- Wolters Kluwer Tax and Accounting (TAA) has unveiled its inaugural global study titled Future Ready Accountant, offering a comprehensive analysis of the evolving tax and accounting industry.

The study explores key topics such as technological advancements, artificial intelligence (AI) impact, talent management, and business strategies, with insights drawn from over 2,300 global participants. The report highlights the industry’s current challenges, technological progress, and future directions.

Wolters Kluwer TAA chief executive officer, Jason Marx in a statement emphasised that while firms are eager to harness AI and technology for operational efficiency, maintaining strong client engagement remains a top priority.

He noted that firms face challenges like adapting to changing tax laws and meeting client expectations, but these obstacles present opportunities for growth and innovation.

Key findings from the study show that AI adoption is on the rise, with 57 per cent of accounting professionals believing AI will greatly impact the industry. While generative AI adoption is still in its early stages, enthusiasm remains high, with 27 per cent of firms already using it and another 22 per cent planning to adopt it in the near future.

However, concerns about data security, accuracy, and high costs still hinder broader AI implementation. Despite that, European and Asia Pacific (APAC) firms display the most enthusiasm for AI.

The report also highlights a shift towards digital transformation, with 62 per cent of firms using cloud technology and showing improved revenue growth linked to higher tech integration. Moreover, 83 per cent of firms now offer advisory services, with high-growth firms 49 per cent more likely to prioritise such services.

Attracting and retaining skilled talent remains a major challenge, with 41 per cent of firms expecting this issue to escalate in the next five years. However, 80 per cent of firms agree that technology can help address the talent gap by reducing mundane tasks and allowing employees to focus on higher-value work.

Overall, the report underscores the importance of leveraging technology for growth, with over 74 per cent of cloud-enabled firms reporting higher profitability and better client satisfaction.

The Future Ready Accountant study offers regional reports for the United States, Canada, Europe, and the APAC markets, providing region-specific insights and analysis in addition to its wider global scope.

-- BERNAMAa

US Patent Grants See Growth In 2024, Samsung Holds Top Spot

KUALA LUMPUR, Jan 15 (Bernama) -- United States (US) patent grants have rebounded after four years of decline, rising by 3.8 per cent from calendar year 2023 to 324,043, with Samsung retaining top spot for the third year in a row, according to IFI CLAIMS Patent Services.

IFI CLAIMS Patent Services is part of Digital Science, a London-based digital research technology company that compiles and tracks data from the US Patent and Trademark Office (USPTO) and other patent agencies worldwide. IFI translates its data into an annual US Top 50 and Top 10 Fastest Growing Technologies patent ranking, providing valuable insights into companies’ research and development (R&D) activity.

According to a statement, patent applications in the US also reached a new peak, growing by three per cent from 418,111 in 2023 to 430,625 in 2024, reflecting a robust innovation economy.

IFI CLAIMS Patent Services chief executive officer, Ronald Kratz said this growth comes after a challenging period marked by a backlog in patent examinations, which the USPTO is working to address by hiring more examiners.

Samsung led the 2024 US Top 50 Ranking with 6,377 patents, a three percent rise from 2023, representing nearly two percent of all patents granted in the US. Contract chip maker TSMC moved up to second place, overtaking Qualcomm, which dropped to third. Apple and Huawei rounded out the top five, while IBM, which held the top spot for 29 consecutive years, fell to eighth place, reflecting its more selective patenting strategy.

Asian firms demonstrated significant progress, with Changxin Memory Technologies leapt 57 places, Tencent advanced 54, and LG Energy climbed 37 spots. Among US tech giants, only Alphabet, Amazon, Apple, and Microsoft made the top 50, while Meta, Nvidia, and Tesla were absent.

The US companies led the world in patent grants with 143,382 patents, but international firms earned a significant portion (56 per cent), particularly from Japan (43,364), China (28,258), South Korea (24,115), and Germany (14,044).

The fastest-growing technology this year is operating or servicing cells, related to electrolytic methods, led with more than 27 per cent rise from 2020 to 2024.

Three of the top 10 are taken up by technologies that seek to diminish waste such as reclaiming non-ferrous metals with a compound annual growth rate (CAGR) of 26.2 per cent, recovery of waste materials (CAGR 26.1 per cent), and destroying solid waste (CAGR 17.7 per cent). Technologies focused on sustainability, such as producing protein from non-traditional sources (CAGR 22.6 per cent), also gained traction.

Patent activity remains a critical measure of corporate R&D productivity, technological efficiency, and intellectual property strategy, revealing trends and competition within industries. For further analysis, IFI CLAIMS Live 1000 provides live data and customisable tools to explore patent activities across multiple jurisdictions.

-- BERNAMA

Hanoi To Host Record-Breaking Pyro Drone Show On Lunar New Year’s Eve

KUALA LUMPUR, Jan 15 (Bernama) -- Following the success of the 2024 Hanoi Art Light Festival, Vietnam Oil and Gas Group (Petrovietnam), in collaboration with Hanoi People’s Committee and other sponsors, will once again present the "Glamour Thang Long" art programme.

The highlight of the event, scheduled for Jan 28 (Lunar New Year’s Eve) at My Dinh Square, My Dinh National Stadium, will be a Guinness World Record-setting pyro drone display featuring 2,025 unmanned aerial vehicles (UAVs). It will be broadcast live on Hanoi Television, with a special segment on Vietnam Television (VTV) on New Year’s Eve, with rehearsal on Jan 26.

According to a statement, this spectacular event is expected to become one of Hanoi’s most important cultural celebrations in 2025, combining pyro drones and high-altitude fireworks with a vibrant artistic programme, promising an extraordinary aerial light display.

Anticipated to draw over one million live spectators, with millions more tuning in via television and social media, the event will showcase Vietnam’s technological advancements and cultural innovation, positioning Hanoi as a renowned global light destination alongside places like Vivid Sydney (Australia) and Fête des Lumières (France).

Under the theme “Glorious Springs”, the programme will celebrate the beauty of spring with stories of renewal, love, family reunions, and national pride, featuring performances from A-list Vietnamese celebrities, blending traditional and modern elements, highlighting Hanoi’s cultural heritage in a contemporary light.

The high-tech drone display, powered by advanced South Korean technology, will ensure a breathtaking and safe show, marking a memorable Lunar New Year’s Eve.

Nam Tu Liem District Chairman of the People's Committee, Mai Trong Thai expressed pride in leading the event and emphasised the commitment to ensuring its safety and success, establishing "Glamour Thang Long" as an annual tradition.

As one of Vietnam’s leading economic groups, Petrovietnam is proud to support national events that align with the country’s growth, and "Glamour Thang Long 2025" is part of the group's vision for 2025. Co-sponsors of the event include PVEP, PV GAS, PV Power, PVOIL, BSR, PVCFC, and PVcomBank.

Organised by Corex Business Solutions, a cultural projects & destination development company, the event is expected to break its own record for the largest pyrodrone display, further establishing Corex’s leadership in delivering innovative cultural events.

The event will undoubtedly solidify Hanoi’s reputation as a leading creative city and a global cultural destination, attracting visitors worldwide to experience historic spectacles.

-- BERNAMA

SALIHIN INTERNATIONAL: PAVING THE WAY FOR FOREIGN DIRECT INVESTMENT AND STRONGER ASEAN TIES

Empowering ASEAN Markets: SALIHIN and PART Join Forces for Economic Development

KUALA LUMPUR, Jan 14 (Bernama) -- SALIHIN, the Malaysia leading homegrown professional services firm, has been making headlines with its role in driving foreign direct investment (FDI) and bolstering economic collaboration within ASEAN. Recently, the firm was appointed as the corporate advisor for Indonesia’s PT Cipta Perdana Lancar Tbk. (PART), an expansion that highlights SALIHIN’s expertise in guiding global companies into Malaysia’s dynamic market.

PART was established in 2009 and headquartered in Tangerang, Banten, Indonesia, specializes in manufacturing stamped and assembled components for the automotive, electronics, and sanitation industries. The company went public on July 5, 2024, listing on the Indonesia Stock Exchange (IDX). Its products cater to clients such as Toyota, Panasonic, Isuzu, and Hitachi. Currently the company has employed 450 staff and focus on producing parts for two- and four-wheeled vehicles, electrical equipment, and household sanitary products. As of 8 January 2025, the company's market capitalization was approximately RM73.61 million.

SALIHIN’s collaboration with PART, comes at a time when Malaysia’s government is emphasizing innovation-led growth through the Malaysia MADANI Budget 2025 and the 13th Malaysia Plan (RMK-13). These initiatives aim to attract FDI and strengthen Malaysia’s position as a regional economic hub. Leveraging its deep expertise, SALIHIN offers foreign investors tailored support in market entry, regulatory compliance, and strategic alliances.

The recent appointment represents another major step forward in SALIHIN's journey to expand its operations into the Indonesian market. "This trust placed in us by PART underscores our capabilities and commitment to delivering value-driven solutions. Expanding into Indonesia is a pivotal move that reinforces SALIHIN's growth strategy and positions us to tap into the vast opportunities within this vibrant market," said Ahmad Izwan Adnan, Deputy Group Managing Partner of SALIHIN.

As Malaysia takes on the chairmanship of ASEAN, SALIHIN is well-positioned to play a pivotal role in driving regional economic integration. With its track record of delivering impactful results and innovative solutions for both local and international clients, the firm continues to align with global best practices while staying true to its Islamic values.

SALIHIN’s ongoing dedication to sustainability and value-driven growth cements its status as a trusted advisor for foreign investors. By supporting collaborations like PART’s and fostering partnerships with automotive giants, SALIHIN contributes to Malaysia’s vision of becoming a top FDI destination and a leader in ASEAN’s economic development.

For more information on SALIHIN and its services, please visit www.salihin.com or contact our media relations team at gmpo@salihin.com / +603-61859970

About SALIHIN

SALIHIN is Malaysia’s premier professional services firm, offering a wide range of services, including audit and assurance, direct and indirect taxation, corporate advisory, shariah advisory, ESG and sustainability, professional learning and education, digital consultancy, and outsourcing services. Established in 2002, SALIHIN is committed to providing high-quality professional services, guided by Islamic principles and a dedication to sustainable development.

About PT Cipta Perdana Lancar Tbk.

PT Cipta Perdana Lancar Tbk. (PART) is an Indonesian manufacturing leader specializing in automotive, electronics, and sanitary components. Since its establishment in 2007, PART has consistently delivered innovative solutions and is now focused on expanding its market presence in Southeast Asia, beginning with Malaysia.

SOURCE: SALIHIN

FOR MORE INFORMATION, PLEASE CONTACT:
Media Relations Team
Tel: +603-61859970
Email: gmpo@salihin.com

--BERNAMA

ASIA-PACIFIC AIRPORTS SOAR TO NEW HEIGHTS IN GLOBAL RANKINGS, SAYS OAG

KUALA LUMPUR, Jan 14 (Bernama) -- Asia Pacific airports have demonstrated impressive growth in global rankings, showcasing the region's robust recovery in 2024, according to OAG, a data platform for the global travel industry.

Tokyo Haneda (HND) remains the third busiest airport globally, with Shanghai Pudong (PVG) emerging as the fastest-growing airport among the top 10 entrants, while Guangzhou Baiyun (CAN) made its debut on the list.

OAG Head of Asia Pacific, Mayur Patel in a statement said major hubs such as Seoul Incheon (ICN), Singapore Changi (SIN), and Hong Kong (HKG) continue to play a pivotal role in global connectivity, meeting the evolving needs of travellers.

Tokyo Haneda continues to be a dominant force in both international and domestic air traffic with a 4.8 per cent year-on-year increase in capacity, reaching an impressive 55.2 million seats.

Joining the top 10 are Guangzhou Baiyun in seventh place and Shanghai Pudong in ninth position, which experienced significant growth. Shanghai Pudong made a remarkable leap from 15th to ninth spot, driven by a 29 per cent year-on-year capacity growth, making it the fastest-growing airport in the top 10.

In terms of international seat capacity, Seoul Incheon ranks highest among Asia Pacific airports, handling 41.6 million international seats, climbing from seventh in 2023 to third place in 2024.

Singapore Changi emerges as a close contender with 41.5 million scheduled seats, while Hong Kong saw impressive growth, rising 40 per cent year-on-year, with 34.6 million seats.

Meanwhile, Atlanta Hartsfield-Jackson International Airport (ATL) retains its position as the World’s Busiest Airport with 62.7 million seats, followed by Dubai International Airport (DXB) in second place and London Heathrow (LHR) in fourth.

-- BERNAMA

WISSON ROBOTICS UNVEILS GAME-CHANGING SOFT ROBOTICS AT CES 2025

KUALA LUMPUR, Jan 9 (Bernama) -- Wisson Robotics drew significant attention at the Consumer Electronics Show (CES) 2025, with live demonstrations of its cutting-edge soft robotics and applications built on Pliabot technology.

These demos highlighted robots featuring Pliabot muscles, joints, and arms, showcasing the technology’s key strengths and capabilities. Pliabot technology replicates human muscle functions, providing superior adaptability and cost-effectiveness—two key challenges in large-scale robotic adoption.

In a statement, the company said these innovations leveraged the company’s proprietary Pliabot technology, which "Emulate Human Muscles, Transcend Human Capabilities".

The Pliabot technology offers five core benefits, including a high load-to-weight ratio, resistance to harsh environments, superior task adaptability, enhanced safety in human interaction, and a significant cost advantage through the use of polymer-based soft materials and 3D printing.

Wisson Robotics has also introduced several Pliabot-powered products for diverse applications, including the Orion AP3-P3 Pliabot Aerial Tethered Cleaning System, which uses adaptive balancing and soft collision buffering for high-altitude cleaning, and the Orion AP30-N1 Pliabot Aerial Manipulator, which enhances drone capabilities for precise aerial tasks.

Additionally, the Pliabot Automatic Charging Robot offers significant cost and performance benefits, making it ideal for large-scale deployment. It provides a powerful boost to the smart driving experience and the rapid development of the electric vehicle industry.

These groundbreaking innovations highlight Wisson Robotics’ vision of empowering industries and everyday life through cutting-edge soft robotics, offering safer, smarter, and more efficient solutions.

-- BERNAMA

MFPC'S PITA TEH TARIK SESSION WITH THE INSURANCE AND TAKAFUL INDUSTRY 2025

MFPC's PITA Teh Tarik Session 2025 brings together CEOs of LIAM, Aii, MTA, and 23 ITOs for meaningful discussions and networking.

KUALA LUMPUR, Jan 9 (Bernama) -- The Malaysian Financial Planning Council (MFPC) has successfully hosted the PITA Teh Tarik Session on 8 January 2025. The event was held at the secretariat’s office, which brought together over 40 key industry representatives, including esteemed organisations such as the Asian Institute of Insurance (Aii), Life Insurance Association of Malaysia (LIAM), Malaysian Takaful Association (MTA), and 23 Insurance Companies and Takaful Operators (ITOs).

For an introduction, the Professionalism of Insurance and Takaful Agents (PITA) programme, led by MFPC and aligned with Bank Negara Malaysia’s (BNM) regulatory requirements, aims to enhance the professionalism and advisory capabilities of insurance and takaful agents in Malaysia. Through MFPC's certifications, such as RFP Module 2 and Shariah RFP Module 2, PITA equips agents with essential risk management and financial planning competencies, with a strong focus on insurance and takaful practices.

The session started with Mr. Andy Ng, MFPC President, welcoming all participants and expressing gratitude for their attendance. He highlighted MFPC’s commitment to upholding BNM’s regulatory standards and reaffirmed the council’s dedication to collaboration, professionalism, and achieving a brighter future for the industry and Malaysian public.

The session continued with a comprehensive PITA update by our Executive Director, Ms. Chung Kar Yin, which highlighted the Council’s approval of unlimited free resits for the PITA examination. This initiative, effective from 9 January to 31 December 2025, aims to alleviate test anxiety, promote equitable access, and encourage continuous learning among practiced agents.

Mr. Anthony Ang, Chairman of MFPC Certification and CPD Board, then moderated an interactive Q&A discussion to address challenges in programme implementation by ITOs. The event concluded with a delightful lunch, providing ample opportunities for meaningful networking.

MFPC would like to extend our heartfelt gratitude to our esteemed guests—Mr. Paul Low, CEO of Aii; Mr. Mark O'Dell, CEO of LIAM; and Mr. Mohd Radzuan Mohamed, CEO of MTA—for honouring us with their presence and support. Our sincere appreciation also goes to all the ITOs representatives whose participation and valuable contributions were instrumental in making the session a success.

About Malaysian Financial Planning Council (MFPC)
Established in 2004, MFPC is dedicated to advancing the financial planning profession in Malaysia. Providing recognized financial planning qualifications, including Registered Financial Planner (RFP) and Shariah RFP, MFPC ensures adherence to high professionalism standards through Best Practice Standards and a Code of Ethics. The council actively addresses financial literacy issues with initiatives like "My Money and Me" workshops, contributing to the nation's progress through financial empowerment. Recognized with prestigious awards, MFPC reflects a commitment to excellence and innovation

Our website: www.mfpc.org.my

SOURCE: Malaysian Financial Planning Council (MFPC)

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Mohd Farhan Azizan
External Relations, Research and Publication
Malaysian Financial Planning Council
Tel: +6 019 2773521
Email: farhan@mfpc.org.my

--BERNAMA

Essence Of South China Medicine Transcends Healing In Yunfu

 

KUALA LUMPUR, Jan 6 (Bernama) -- South China Medicine plays a significant role in the traditional Chinese medicine industry, and the 4th Guangdong South China Medicine Industry Conference, taking place in Yunfu, Guangdong province, from Jan 4 to 6, aims to promote this heritage both nationally and internationally.

Yunfu, known for its long history of South China Medicine cultivation and its rich cultural legacy, is often referred to as "the hometown of South China Medicine", "the hometown of Chinese cinnamon", and "the hometown of traditional Chinese medicine processing".

As the largest cinnamon-producing area in China, Yunfu is up to the task of establishing the Germplasm Resource Bank for Traditional Chinese Medicine at the China Academy of Chinese Medical Sciences (CACMS).

According to a statement, the area is home to 1,152 species of medicinal plants, of which 58 are planted on a large scale, with a planting area of more than 900 square kilometres, forming thriving industrial clusters.

In Yunfu, the breeding, cultivation, processing, and extraction of South China Medicine proceed in a coordinated way, whereby over 100 million high-quality seedlings, such as Evodia lepta, are being cultivated annually and sold throughout the country.

Supported by 143 planting demonstration bases, 110 processing enterprises, and 10 customised medicinal plantations with traceable quality, Yunfu creates an extraordinary journey for the transformation of South China Medicine.

Leveraging resource advantages like South China Medicine, forests, and hot springs, Yunfu is also expanding the cultural tourism and wellness industry chain, introducing derivative health foods and healthcare products.

-- BERNAMA

PETRONAS PARTNERSHIP POISED TO UNLOCK MALAY BASIN'S FULL POTENTIAL

KUALA LUMPUR, Jan 7 (Bernama) -- PETRONAS, through Malaysia Petroleum Management (MPM), in collaboration with Beicip Franlab Asia, has embarked on an Integrated Basin Study to explore untapped resources in the Malay Basin, located off the coast of Peninsular Malaysia.
The study leverages advanced 4D modeling and machine learning technologies to analyse the subsurface architecture at both basin and reservoir scales. It also focuses on predicting hydrocarbon migration and entrapment by harnessing big data from the Malay Basin.

Since the 1970s, the Malay Basin has produced over nine billion barrels of oil equivalent, earning its status as a “super basin”. Recent exploration activities have uncovered significant new discoveries, highlighting the basin’s continued potential. Beyond hydrocarbons, the basin presents substantial opportunities for Carbon Capture and Storage (CCS), positioning it as a key player in sustainable energy development.

Senior General Manager Resource Exploration of MPM, Azmir Zamri said, “The Malay Basin, often regarded as mature, still holds significant untapped potential, as demonstrated by discoveries such as Bunga Aster and Bekok Deep. Through our collaboration with Beicip Franlab Asia on the Integrated Basin Study and our AI-enabled geophysical initiatives with Earth Science Analytics, we aim to redefine what is possible and unlock new opportunities in this prolific region.”

PETRONAS remains committed to ensuring an optimal and sustainable energy supply, with MPM playing a crucial role in managing petroleum arrangements and overseeing upstream petroleum activities in Malaysia.

For more information on investment opportunities in Malaysia, please visit https://www.petronas.com/mpm/

Issued by

Media Communications
Group Strategic Relations and Communications
PETRONAS

SOURCE: PETRONAS

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Janette Boniface Barau
Tel: +6012-890 0241
Email: janette.barau@petronas.com.my

Name: Nabil Basaruddin
Tel: +6 012 4249 750
Email: nabil.basaruddin@petronas.com.my

--BERNAMA

MPMA CHAMPIONS RESPONSIBLE PLASTICS USE AND WASTE MANAGEMENT IN RESPONSE TO SELANGOR'S EXPANDED PLASTIC BAG BAN

Mr CC Cheah, President, Malaysian Plastics Manufacturers Association (MPMA)

PETALING JAYA, Selangor, Jan 7 (Bernama) -- The Malaysian Plastics Manufacturers Association (MPMA) welcomes the Selangor state government’s decision to expand the plastic bag ban as a crucial step towards promoting more sustainable consumer practices.

MPMA President, Mr CC Cheah, expressed his support for the move, saying, "The expansion of the plastic bag ban encourages consumers to adopt using reusable alternatives as carrier bags. On days which the ban is not implemented, we support the continuation of the 20-cent levy as it serves as a practical tool to support this shift in consumer behaviour and provides flexibility for those who may still require plastic carrier bags.”

To further promote reuse, MPMA encourages plastic bag manufacturers to print messages such as “Reuse me as a garbage bin liner” on plastic carrier bags. By reusing carrier bags for waste disposal, consumers can maximise the utility of the bags they pay for, thereby reducing unnecessary purchase of plastic garbage bags for waste disposal.

Malaysians commonly use plastic bags to contain and dispose of waste, which makes them easily visible in landfills. However, their contribution by weight is negligible and their inert property means they do not cause contamination to the landfills. Although a plastic bag ban could reduce its usage among consumers, additional measures such as the effective implementation of waste separation at source (SAS) and improving the collected-for-recycling (CFR) rate are crucial to divert plastics waste from landfills and direct it to recycling facilities.

MPMA continues to support its members in exploring sustainable alternatives, including bio-based and compostable bags. These materials provide new avenues for managing waste in an environmentally friendly manner. However, stakeholders and authorities are encouraged to understand the differences between these materials, particularly their degradation mechanisms and applications. This knowledge is essential for facilitating effective waste separation and disposal for these types of materials. Not to forget that most alternatives have a higher carbon footprint compared to conventional plastics, an environmental trade-off to be made while opting for alternative materials.

Additionally, it is important to note that alternatives are not a complete solution, as they often lack the beneficial properties of plastics, which remain a reliable and versatile material, especially for specific applications such as wet market goods and hawker food. Plastic bags remain convenient for certain applications due to their characteristics and cost-effectiveness, making them necessary for consumers. MPMA therefore would like to call for the ban to not be extended to wet and night markets.

To fully embrace sustainable consumer practices and to promote its adoption among the public, MPMA is dedicated to raising awareness on this shift and advocating for improvements in waste collection and disposal systems. By strengthening waste management infrastructure and policies as well as enhancing public education, we can significantly reduce the environmental impact of plastics.

“Efforts should focus on developing efficient collection systems and recycling facilities to manage plastics waste responsibly,” Mr Cheah added. “Together with the extension of plastic bag ban, these efforts can contribute towards a cleaner and more sustainable environment.”

MPMA is actively driving the "Don't Be a Litterbug" campaign, aimed at combating littering and promoting responsible waste disposal. The campaign, launched during events such as Thaipusam, marathons and Ramadan bazaars, integrate the provision of waste bins with public education on proper waste separation. As part of its ongoing commitment, MPMA is dedicated to collaborating with the government, industry and community to develop practical strategies that promote sustainable plastics use and effective waste management.

About Malaysian Plastics Manufacturers Association (MPMA)
The Malaysian Plastics Manufacturers Association (MPMA), established in 1967, is a progressive trade association providing leadership and quality service to its members and the plastics industry. MPMA is a non-profit organisation that serves as the official voice of the Malaysian plastics industry, representing its members and the industry in Government interaction, spearheading the plastics industry’s growth by providing the platforms to assist members to be globally competitive.

MPMA’s current emphasis, inter alia, is to upgrade the technological level of the plastics industry by providing higher technical skills for members, in particular, on Industry 4.0. In all aspects of its activities, MPMA places special attention to its social responsibility towards the environment, by promoting sustainability practices for the protection of the environment and the community.

MPMA currently has about 800 members, which represent about 60 percent of the plastics manufacturers in the country and account for 80 percent of the country’s total production of plastics products.

SOURCE: Malaysian Plastics Manufacturers Association (MPMA)

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Ms Crystal Cheah
Tel: +03 7876 3027
Email: crystal@mpma.org.my
Website: http://mpma.org.my/

--BERNAMA

LAUNCH OF VISIT MALAYSIA 2026 CAMPAIGN: A MILESTONE FOR TOURISM GROWTH

 

Official Launch Ceremony of VM2026 Campaign Song and Logo by YAB Dato’ Seri Anwar bin Ibrahim, Prime Minister.

SEPANG, Jan 6 (Bernama) -- Malaysia proudly launched the highly anticipated Visit Malaysia 2026 (VM2026) campaign today in a spectacular event held at Hangar 6, MAB Engineering Complex. The event was officiated by the Prime Minister, YAB Dato' Seri Anwar Ibrahim, unveiling the campaign’s logo, mascot, theme song, and aircraft livery.

The VM2026 logo, is a symbol of Malaysia’s vibrant culture, natural beauty, and global appeal, serves as a visual reminder of the country’s readiness to welcome tourists worldwide. The logo was creatively unveiled on the aircrafts of Malaysia Airlines, Batik Air, and AirAsia. This marks the first time that these airlines will proudly display the logo as part of their aircraft designs, symbolising a united front in promoting tourism and generating excitement for the transformative year ahead.

The event also premiered the official VM2026 theme song, titled Surreal Experiences which captures the essence of Malaysia’s unique offerings. This song will be a key component of the campaign to attract global attention and engage visitors with the enchanting experiences Malaysia has to offer.

In addition, the Malayan Sun Bear, a proud endangered species and a symbol of Malaysia’s commitment to wildlife conservation, has been adopted as the official icon for the campaign. Designed in a lovable, animated style, the Malayan Sun Bear aims to appeal to all ages, evoking a sense of warmth and joy, and further enhancing Malaysia’s image as a welcoming destination for tourists.

The event was attended by key representatives from various ministries, reflecting the national importance of the Visit Malaysia 2026 campaign. As part of Malaysia's broader National Agenda, VM2026 aims to increase tourism revenue, strengthen Malaysia’s global tourism competitiveness, and ultimately position the sector as one of the largest contributors to the country’s GDP. With Malaysia’s strong potential as a world-class tourist destination, VM2026 is set to not only boost tourism but also create jobs and enhance the country's global image and bringing prosperity to communities, enriching local cultures, and fostering growth in sectors beyond tourism – including hospitality, transport, retail, and food industries.

Malayan Sun Bear, as the mascot for Visit Malaysia 2026 Campaign.

The event also featured the exchange of Memorandum of Collaboration (MoC) with key strategic partners, including Malaysia Aviation Group, AirAsia, Batik Air, Malaysia Airports Holdings Berhad, Huawei, Mastercard, Shangri-La Kuala Lumpur, Shangri-La Hotels & Resorts, Marriott International, The Malaysian Association of Tour and Travel Agents (MATTA), and The Malaysian Association of Hotels (MAH). These partnerships aim to enhance connectivity, expand marketing campaigns, and deliver exceptional visitor experiences through innovative technologies, seamless travel experiences, and exclusive promotional offers.

As part of the build-up to VM2026, the Malaysia Sarong Music Run (MSMR) 2025 will be held on 8 February 2025 at the Petronas Twin Towers, Kuala Lumpur. This unique cultural and fitness event, endorsed by Prime Minister YAB Dato’ Seri Anwar Ibrahim, is expected to attract over 20,000 participants.

A celebration of Malaysia’s heritage while promoting a healthy lifestyle, MSMR 2025 is supported by the Ministry of Tourism, Arts, and Culture and will feature collaborations with Locco, known for the Keretapi Sarong, showcasing Malaysia’s multicultural harmony.

With an ambitious goal to welcome 35.6 million international visitors and generate RM147.1 billion in tourism receipts, VM2026 marks a significant chapter in Malaysia’s tourism journey. The Ministry of Tourism, Arts and Culture, led by YB Dato' Sri Tiong King Sing, is committed to making VM2026 a memorable and impactful campaign.

About Visit Malaysia Year 2026
Visit Malaysia Year 2026 (VM2026) is a national initiative launched by the Government of Malaysia to drive the country's tourism sector toward greater economic impact. Aiming to attract millions of visitors, VM2026 will feature a series of events, promotions, and developments that celebrate Malaysia’s culture, heritage, and tourism offerings. The initiative is set to strengthen Malaysia’s global tourism competitiveness and make tourism a key contributor to the national economy.

About Tourism Malaysia
Malaysia Tourism Promotion Board, also known as Tourism Malaysia, is an agency under the Ministry of Tourism, Arts & Culture Malaysia. It focuses on the specific task of promoting Malaysia as a preferred tourism destination. Since its inception, it has emerged as a major player in the international tourism scene. For more information, visit Tourism Malaysia’s social media accounts on Facebook, Instagram, Twitter, YouTube, and TikTok.

SOURCE: Visit Malaysia Year 2026

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Zurina Abd. Samad
Senior Deputy Director
Visit Malaysia 2026 Secretariat
Tel: +603 8891 8224
Email: zurina@tourism.gov.my

Name: Norshariza Mohd Saad
Deputy Director
Corporate Communications Division
Tel: +603 8891 8775
Email: norshariza@tourism.gov.my

--BERNAMA