PETRONAS AND MICROSOFT EXPAND COLLABORATION TO SUPPORT MALAYSIA’S AI ECOSYSTEM

Photo caption: Ir Ts Mohd Yusri Mohamed Yusof, PETRONAS’ Senior Vice President of Projects, Technology & Health, Safety, Security & Environment (PT&HSSE) delivering his opening remarks at the Memorandum of Understanding signing ceremony.

He says, “Our collaboration with Microsoft is driven by a shared commitment to meaningful innovation and sustainable progress. By harnessing our joint expertise in innovation and sustainability, we are steadfast in advancing adoption of AI and Cloud capabilities in a manner that promotes sustainable energy practices, in support of Malaysia’s aspirations of building an AI economy with a robust ecosystem in which everyone thrives.”

KUALA LUMPUR, 31 July (Bernama) -- PETRONAS and Microsoft signed a Memorandum of Understanding (MoU), further extending their strategic collaboration in multiple areas across innovation and sustainability to support the development of an Artificial Intelligence (AI)-enabled economy and ecosystem in Malaysia, while advancing efforts toward energy transition in Asia.

At the signing ceremony held on the sidelines of Energy Asia 2025, PETRONAS was represented by its Senior Vice President of Projects, Technology & Health, Safety, Security & Environment (PT&HSSE), Ir Ts Mohd Yusri Mohamed Yusof and Vice President of Group Technology & Commercialisation, Izwan Ismail. Microsoft Malaysia was represented by its Managing Director, Laurence Si.

Ir Ts Mohd Yusri said, “At PETRONAS, innovation goes beyond technology – it is about shaping a future where energy is smarter, cleaner, and sustainable for not only the organisations involved, but also the nation and its people.

“Our collaboration with Microsoft is driven by a shared commitment to meaningful innovation and sustainable progress. By harnessing our joint expertise in innovation and sustainability, we are steadfast in advancing adoption of AI and Cloud capabilities in a manner that promotes sustainable energy practices, in support of Malaysia’s aspirations of building an AI economy with a robust ecosystem in which everyone thrives,” he added.

Si said, “As a trusted technology partner to PETRONAS, we are thrilled to strengthen our collaboration to help advance their digital and AI transformation. With Microsoft’s new cloud region in Malaysia, we are committed to supporting PETRONAS with secure, scalable, and sustainable cloud solutions that will drive growth and innovation in Malaysia’s energy sector.”

The collaboration will focus on fostering an ecosystem in Malaysia that enables organisations to harness AI's potential for economic advancement and societal benefit. With nation building at heart, the companies will support Malaysia’s efforts to build regional leadership in AI capabilities and develop a strong local AI ecosystem through joint programmes.

Under the collaboration, PETRONAS and Microsoft will explore further initiatives to intensify AI and energy innovation leveraging Microsoft’s newly launched Malaysia West cloud region. They will look into entrenching Agentic AI, Microsoft Copilot, data analytics, cloud computing and cybersecurity among other technologies, to unlock new levels of operational efficiency and sustainability performance across its value chain.

The parties will also explore a holistic collaboration across industries to promote sustainable energy and policy alignment.

Issued by
Media Communications
Group Strategic Relations & Communications
PETRONAS

SOURCE: PETRONAS

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Estee Aina Huslan
Tel: 012-2283377
Email: esteeaina.huslan@petronas.com

--BERNAMA

AmFIRST REIT Continues To Deliver Improved Performance Driven by Strong Growth in Occupancy

KUALA LUMPUR, July 31 (Bernama) -- AmREIT Managers Sdn Bhd (“AmREIT”), the Manager of AmFIRST Real Estate Investment Trust (“AmFIRST REIT” or the “Trust”) announced improved financial performance for the first quarter of the current financial year, underpinned by higher rental income from improved portfolio occupancy and higher carpark income. Additionally, a one-off compensation received for waiver of reinstatement liability has also contributed to the improved gross revenue.

Key Financial Highlights for 1Q FY2026:

· Gross Revenue: RM27.0 million, up 7.6% quarter-on-quarter.
· Net Property Income: RM16.2 million, an increase of 17.3% from the preceding quarter.
· Realised Earnings Per Unit: 0.75 sen per unit, up 47% quarter-on -quarter.

Portfolio occupancy continued to strengthen during the current quarter, with notable improvements in occupancy rates at Menara AmBank, Wisma AmFIRST, Prima 9 and Jaya 99 attributed to multiple new tenancies secured during the current financial quarter. These new tenancies secured during this quarter have lifted the overall committed portfolio occupancy by 4.1% from 84.7% as at 31 March 2025 to 88.8% as at 30 June 2025, providing sustained rental income growth in the coming years.

Property expenses were slightly higher mainly due to higher repair and maintenance costs, as well as increase in assessment charges. However, this increase was partially mitigated by lower electricity expenses.

Finance costs saw a marginal decline of 0.5% compared to the corresponding period of last financial year, supported by lower average cost of borrowings. The recent 25 basis points cut in the Overnight Policy Rate by Bank Negara Malaysia is expected to further reduce interest expenses. With 67% of the Trust’s borrowings are subject to floating rates, it is estimating the interest saving of approximately RM1.3 million per annum from every 25 basis points reduction in the cost of debt. This favorable rate environment expects to enhance the Trust’s earning resilience.

Overall, the realised net income from operations rose significantly by 45.4% to RM5.1 million, compared to RM3.5 million in the same quarter of the previous financial year.

Looking ahead, the Manager aims to further enhance the performance of the Trust’s asset portfolio by driving revenue growth and optimising operational costs, to increase the asset portfolio’s yield for higher income distribution to the Unitholders. Barring any unforeseen circumstances, the Manager remains cautiously optimistic that the Trust will deliver improved performance for the remainder of the financial year, supported by higher occupancy rates and ongoing operational efficiencies.

About AmFIRST REIT

Listed on 21 December 2006, AmFIRST REIT currently owns eight (8) properties valued at RM1.57 billion. These include Bangunan AmBank Group, Menara AmBank, Wisma AmFIRST, The Summit Subang USJ, Prima 9, Prima 10, Jaya 99 and Mydin Hypermall, Bukit Mertajam. The Trust focuses on investing in incomeproducing real estate which are primarily for commercial use. AmFIRST REIT is managed by AmREIT Managers Sdn Bhd.

​For more information, please visit AmFIRST REIT’s website at https://www.amfirstreit.com.my.

SOURCE: AmBank Group

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Mr Chong Hong Chuon
Chief Executive Officer
Tel: 03-7955 8780

--BERNAMA

Boulder Imaging, Oikon To Deploy AI-Powered Bird Protection In Southeast Europe

KUALA LUMPUR, July 30 (Bernama) -- Boulder Imaging, a global provider of artificial intelligence (AI)-driven wildlife protection systems, has partnered with Croatia-based environmental consultancy Oikon Ltd to introduce advanced bird protection technology at wind farms across Southeast Europe.

In a statement, the company said the collaboration will see the deployment of Boulder Imaging’s IdentiFlight system, which supports real-time bird detection and automated turbine curtailment to reduce the impact of wind energy projects on avian biodiversity.

Boulder Imaging president and chief operating officer, Don Mills said the partnership would extend the reach of conservation-driven innovation.

Meanwhile, Oikon Ltd general manager, Dalibor Hatić said the integration of the IdentiFlight system aligns with the firm’s mission to harmonise development with nature conservation.

“We are excited to bring this technology to Croatia and Southeast Europe, where both wind energy expansion and biodiversity protection are essential,” he added.

The partnership comes as Croatia accelerates its renewable energy transition under the European Green Deal, with stricter permitting requirements for wind farms near Natura 2000 conservation sites.

IdentiFlight enables wind developers to meet these requirements by minimising the risk to high-concern bird species such as Eurasian griffons, golden eagles, and honey buzzards.

To date, over 520 IdentiFlight systems have been deployed across five continents, reducing bird fatalities by more than 85 per cent while limiting power loss to under one per cent.

The first installations in Croatia are expected in 2026, focusing on migratory corridors and ecologically sensitive areas.

-- BERNAMA

NO COMPROMISE AS ENCORP 2025 INTEGRITY DAY SPARKS HONEST CONVERSATIONS ON ETHICS AND ACCOUNTABILITY

Photo 1: Chairman of ENCORP, Mohd Yusmadi Bin Mohd Yusoff, with PPj Tan Li Chu from the MACC during ENCORP Integrity Day 2025.

KOTA DAMANSARA, July 30 (Bernama) -- Encorp Berhad (ENCORP) recently reaffirmed its commitment to ethical leadership and good governance through ENCORP Integrity Day 2025, signalling a clear message of zero tolerance towards misconduct and a renewed push for stronger governance.

The event was officiated by PPj Tan Li Chu, Head of GLC Section, Private Sector Branch, Community Education Division of the Malaysian Anti-Corruption Commission (MACC) and attended by Mohd Yusmadi Bin Mohd Yusoff, Chairman of ENCORP; Ahmad Harzimi bin Mohd Taib, Group Chief Executive Officer of ENCORP, along with newly appointed Independent Non-Executive Director of Encorp Berhad, Dr Wan Ahmad Rudirman Bin Wan Razak. Also present were representatives from FELDA Investment Corporation, as well as project consultants and contractors, reflecting a strong and collective commitment to upholding integrity across all levels of the industry.

ENCORP Integrity Day 2025 went beyond symbolic gesture. It serves as a platform to strengthen internal culture, reinforce ethical standards and engage employees in open, values-driven conversations. A key segment of the programme was the Anti-Bribery Management System briefing delivered by Encik Arman Idzmy Omar, Assistant General Manager of the Risk, Governance and Integrity Unit. The session highlighted ENCORP’s proactive stance in institutionalising anti-bribery controls and compliance mechanisms across its operations as well as reflecting the company’s serious, system-wide approach to integrity.

In his welcoming remarks, Mohd Yusmadi Mohd Yusoff stated, “Integrity is not negotiable. It must live in every decision, every process and every person. We are setting a clear tone at ENCORP. One that reflects responsibility, vigilance and leadership by example.”

He added, “Integrity is not a standalone principle, it thrives when embraced collectively, through muafakat. A values-driven culture cannot be for show. It takes real commitment and the courage to do what’s right, even when no one is watching. At ENCORP, we are not just talking about ethics, we are living it.”

PPj Tan Li Chu, in her keynote speech, commended ENCORP’s commitment to enhancing governance culture and encouraged the private sector to continue playing a leading role in advancing the nation’s anti-corruption goals. She added, “ENCORP’S retail shopping mall, Strand Mall, is the first mall in Malaysia to collaborate with MACC in holding the Corruption- Free Pledge (Ikrar Bebas Rasuah) ceremony, marking a key milestone in the retail and property development sector’s integrity journey.”

The event concluded with the Corruption-Free Pledge recited by all ENCORP employees symbolising a clear and united affirmation that the organisation is moving forward with stronger principles, cleaner practices and a zero-tolerance approach to misconduct. Prior to the event, ENCORP hosted a two-day Integrity Workshop, where employees from all levels participated in hands-on sessions, further demonstrating ENCORP’s commitment to embedding integrity not just in policy, but in daily practice.

About Encorp Berhad
Listed on the Main Market of Bursa Malaysia (Ticker: ENCORP/6076), ENCORP is principally an investment-holding company. The Group is currently involved in three core businesses – property development, property investment and construction. For more information, visit www.encorp.com.my or follow us on facebook: @encorpbhd

SOURCE: Encorp Berhad

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Saidah Umairah
Tel: 03 6286 7777
Email: umairah@encorp.com.my

--BERNAMA

DATAVAULT AI EXPANDS COMMERCIALISATION OF FLAGSHIP AI AGENTS VIA IBM COLLABORATION

KUALA LUMPUR, July 30 (Bernama) -- Datavault AI Inc, a leader in artificial intelligence (AI) data experience, valuation, and monetisation, has announced the expanded commercialisation of its flagship AI agents, DataScore and DataValue, developed in partnership with IBM’s watsonx.ai platform.

In a statement, the company said IBM will provide multi-year support, including AI engineering resources and deep technical expertise, to help accelerate the deployment and impact of Datavault’s offerings across enterprise environments, including on-premises, cloud, and hybrid systems.

Datavault AI, a Platinum partner in IBM’s Partner Plus programme, aims to broaden AI adoption across key sectors such as finance, healthcare, sports, entertainment, and government, with joint initiatives covering deployment, testing, and development.

“This marks a major milestone in our enterprise-scale roadmap. By integrating IBM watsonx at a technical level and collaborating closely with IBM, we are positioned to scale our data monetisation platform globally,” said Datavault AI Chief Executive Officer, Nathaniel Bradley.

Meanwhile, IBM Head of Americas AI Partnerships, Biz Dziarmaga said the collaboration with Datavault AI offers customers a scalable pathway to data monetisation, supporting enterprises in unlocking new revenue streams through AI-driven platforms.

As part of the collaboration, Datavault AI will work with IBM’s sales force and partner network to expand customer engagement and adoption of its patented AI solutions.

According to McKinsey & Company, generative AI is projected to contribute between US$2.6 trillion and US$4.4 trillion annually across key business functions, underscoring the rising importance of AI-powered data monetisation in the enterprise technology landscape. (US$1=RM4.23)

Datavault AI has developed a fully integrated AI ecosystem to help organisations unlock the financial value of their data assets. Among its core offerings is Data Vault Bank, a Web 3.0-powered AI engine currently being built with IBM, which will convert enterprise data into structured, tradable assets and is expected to be launched in October 2025.

The company’s DataScore product is a patented, AI-driven scoring and risk analysis tool designed to assess data quality and ensure compliance with key regulations such as the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA).

Meanwhile, DataValue is a patented pricing engine that uses AI to assign real-world financial valuations to enterprise data, thereby creating new liquidity and trading opportunities.

Datavault AI’s Web 3.0 data platform, enhanced through completed system integrations, allows for secure, compliant, and scalable monetisation across industries. The platform continues to evolve with new advancements in data indexing, perception, and valuation technologies.

-- BERNAMA

AIRWALLEX SECURES CMS LICENCE, LAUNCHES INVESTMENT PRODUCT FOR SINGAPORE BUSINESSES

KUALA LUMPUR, July 29 (Bernama) -- Airwallex has clinched a Capital Markets Services (CMS) licence from the Monetary Authority of Singapore (MAS), paving the way for its latest offering, Airwallex Yield, to launch in the city-state.

With this licence, fintech firms can now offer regulated investment solutions and custodial services to businesses in Singapore through its Airwallex Yield product.

Airwallex General Manager, Asia Pacific, Arnold Chan said this milestone lets us help Singapore businesses better manage cash and seize growth opportunities.

"This is a proud moment for us, and we are grateful to the MAS for their support and trust in our vision," he said in a statement.

The Airwallex Yield allows businesses to invest surplus funds in high-quality money market instruments, earning returns while maintaining full liquidity.

Companies can now grow multi-currency reserves without opening additional accounts and shift funds between cash and Yield accounts on demand.

Meanwhile, Airwallex Capital (Singapore) Executive Director, Gary Harvey said the product aims to simplify cash management and put idle funds to work for companies of all sizes.

Airwallex Capital is teaming up with Fullerton Fund Management to manage its Singapore dollar investment strategy and Goldman Sachs Asset Management for its US dollar solution, tapping institutional-grade expertise.

The launch of Airwallex Yield in Singapore follows successful rollouts in Australia and Hong Kong, reinforcing Airwallex’s strategy to shape the future of global finance, empowering companies to grow faster, smarter, and on their own terms.

-- BERNAMA

HONG KONG GOES WILD FOR PANDA TWINS’ FIRST BIRTHDAY BASH

KUALA LUMPUR, July 29 (Bernama) -- Hong Kong is set to mark the first birthday of its beloved panda twins, Jia Jia and De De, with a citywide celebration featuring themed attractions, exclusive collectibles, and entertainment events throughout August.

Born on Aug 15, 2024, to resident giant pandas Ying Ying and Le Le at Ocean Park, the twin cubs have become an instant favourite among locals and international visitors, drawing widespread attention since their debut.

To commemorate the occasion, the Hong Kong Tourism Board (HKTB) and Ocean Park have collaborated with artist Kasing Lung, creator of the LABUBU character, to launch a special birthday-edition LABUBU x Panda Twins vinyl toy.

The limited-edition collectible features a bamboo-green LABUBU in a polka-dotted birthday hat holding the panda twins and comes with a custom gift box and a handcrafted birthday card by the artist, according to HKTB in a statement.

Visitors to Ocean Park between Aug 1 and 31 may participate in a lucky draw for a chance to win one of 300 birthday gift boxes, with additional giveaways planned during the main birthday celebration period from Aug 15 to 17.

Throughout summer, Ocean Park will be the centre of festivities with the “Panda Friends Summer Splash” event, which includes themed water attractions, photo zones, games, and giveaways featuring LINE FRIENDS characters and panda-themed decor.

Visitors can enjoy attractions such as the Ball Pit Party, Water Battle Zone, and Panda Friends Splash Playground, while panda badges, party hats, and other souvenirs will be distributed across the park.

The celebration will also feature the Gala of Lights – Panda Birthday Edition, a nighttime spectacle of projections, dancing fountains, and music, alongside surprise gifts for visitors attending during the key celebration dates.

Exclusive merchandise, including plushies of Jia Jia and De De in kindergarten uniforms, themed snacks, and special ticket bundles such as the “Twin Park Package Ticket”, are also available for fans and tourists.

Beyond Ocean Park, panda-themed installations are appearing across Hong Kong, including creative MTR station takeovers and 32 panda-inspired road signs, extending the celebration throughout the city.

-- BERNAMA

FACIA Reports 100% Accuracy in Deepfake Detection Across Industry Datasets

LONDON, July 23 (Bernama-GLOBE NEWSWIRE) -- FACIA, a global leader in facial biometric technology, announced that its deepfake detection system has achieved 100% accuracy on multiple industry datasets, including Meta’s Deepfake Detection Challenge Dataset (DFDC). FACIA’s proprietary algorithm was tested across more than 100,000 images and videos, reporting an overall detection accuracy of 99.6%.

The announcement comes amid growing global concern over synthetic media. In 2023 alone, the number of deepfake videos tripled, with total deepfake content increasing eightfold. These manipulated assets are now widely used in fraud schemes, misinformation campaigns, and non-consensual content creation, prompting regulatory responses worldwide.

FACIA’s model delivered perfect classification on the DFDC dataset, which includes 2,100 manipulated videos using eight different facial alteration techniques. Additional testing was conducted on FACIA’s internal dataset of 3,430 AI-generated images created using tools like Midjourney, Artbreeder, and Leonardo.ai, achieving 89.01% accuracy.

Further tests on four leading open-source deepfake datasets contributed to the model’s combined detection accuracy of 99.6%. FACIA highlighted the system’s performance across varying conditions, noting its relevance to sectors like finance, defense, and immigration.

“This isn’t just about setting a benchmark,” said Daniyal Assad Chughtai, CTO at FACIA. “The rate at which deepfakes are spreading makes real-time, scalable detection infrastructure a critical need for social platforms, financial services, and public agencies.”

FACIA’s system differs from many current solutions by moving beyond frame-by-frame analysis and passive liveness detection. Instead, it uses a multi-layered detection pipeline specifically built to counter modern deepfake threats. The company also maintains low false acceptance and rejection rates, essential for high-assurance identity applications.

Looking ahead, FACIA plans to expand its detection capabilities with multilingual spoof detection, broader dataset training, and enhanced API support for integration into third-party platforms.

The announcement arrives as major platforms like Meta, TikTok, and X (formerly Twitter) face mounting scrutiny over synthetic media and misinformation.

FACIA is currently offering live demonstrations of its technology to partners and customers in deepfake-vulnerable sectors.

About FACIA

Facia provides deepfake prevention and detection solutions across 190+ countries. Its offerings include 3D liveness detection, age estimation, and iris recognition, built with some of the market’s fastest, most accurate algorithms.  

Media Contact
Ans Abbas
Marketing Lead | Facia
ans@facia.ai 

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/03d892c2-4376-49ed-bf15-ae7ec3717161 

SOURCE: Facia.ai

--BERNAMA 

AKWEL Sees Modest Turnover Dip Amid Market Headwinds

KUALA LUMPUR, July 25 (Bernama) -- AKWEL, a key player in the manufacturing of parts and systems for the automotive and heavy-vehicle sectors, has reported a first-half 2025 turnover of 510.6 million euros, marking a 3.4 per cent decline compared to the same period in 2024. (1 Euro = RM4.94)

The downturn reflects ongoing macroeconomic pressures and unfavourable exchange rates, according to AKWEL in a statement.

Second-quarter turnover held steady at 255 million euros quarter-over-quarter but fell 3.9 per cent year-on-year, or 2.7 per cent at constant scope and exchange rates.

By product line, the company saw growth in Decontamination (15.1 per cent), Fuel (3.6 per cent), and Cooling (1.9 per cent), while Air (-22.6 per cent) and Mechanisms (-3.9 per cent) dragged overall results.

AKWEL’s net cash stood strong at 149.3 million euros, even after 17.5 million euros in first-half investments.

Despite the dip, AKWEL remains confident, expecting a smaller annual decline than in 2024, underscoring strength in fluid management and e-powertrain systems.

The Annual General Meeting and 2024 dividend payment have been postponed, pending completion of statutory audits. A new date will be announced by Sept 30.

-- BERNAMA

MALAYSIA’S STRAITS ORTHOPAEDICS ACQUIRES US FIRM MEDIN TECHNOLOGIES

KUALA LUMPUR, July 25 (Bernama) -- Straits Orthopaedics (Mfg) Sdn Bhd (Straits), a Malaysian-based contract manufacturer specialising in orthopaedic implants and surgical instruments, has acquired Medin Technologies Inc (Medin).

In a statement, Straits said the strategic acquisition marked a significant milestone in the company’s global expansion efforts and strengthens its ability to offer integrated solutions to original equipment manufacturers (OEMs) worldwide.

With over two decades of experience serving the global orthopaedic market, this acquisition positions Straits to deliver a broader and more cohesive range of manufacturing capabilities.

Straits Chief Executive Officer, Scott Gareiss said Medin’s expertise in design, vertical integration, and quality control complements the company’s existing offerings.

“The addition of Medin’s case and tray product lines expands our capabilities in supporting joint replacement, trauma, extremities, spine, power equipment, and more,” he added.

Medin General Manager, Hans de Waal welcomed the acquisition, noting that the company has been a key player in the orthopaedic market since 1979.

“Joining Straits enables Medin to provide comprehensive solutions across multiple segments as a global contract manufacturing organisation (CMO), including fully kitted instrument sets ready for distribution,” he said.

A United States (US)-based manufacturer of sterilisation cases and trays for the orthopaedic sector, Medin operates two manufacturing facilities in Totowa, New Jersey, and Manchester, New Hampshire.

Meanwhile, Quadria Capital Partner and Straits Board Director, Ewan Davis said the acquisition is in line with the firm’s commitment to enhancing Straits’ global footprint and driving greater patient impact.

Kirkland & Ellis and PricewaterhouseCoopers acted as advisors to Quadria and Straits for the transaction.

-- BERNAMA

Carestream Partners Vietnam's Vistacom To Expand Medical Imaging Reach

KUALA LUMPUR, July 23 (Bernama) -- Carestream Health has secured an agreement with Vietnam South East Asia Joint Stock Company (Vistacom), a distributor of advanced medical equipment solutions in Vietnam.

“Vistacom shares many of our values, namely our commitment to excellence. “We are excited to work together to help improve the standard of care for our customers across the country,” said Carestream Regional Director for Asia, Anton Tan.

Meanwhile, Vistacom Business Director, Long Nguyen said the company is honoured to join into a partnership with a renowned industry leader like Carestream.

“We are looking forward to providing our customers with the most advanced, user-friendly imaging solutions available,” he said in a statement. 

Established in 2006, Vistacom provides medical equipment, consumables, and healthcare solutions to the public and private sectors, including more than 2,000 hospitals and clinics across the country.

Vistacom was impressed with Carestream’s history of excellence in the medical imaging space, citing the latter’s ability to provide a variety of high-performance solutions, like the Horizon X-ray System, Focus and Focus HD Detectors, and Image Suite Software, as key factors for pursuing a partnership.

With the addition of Vistacom, Carestream now has over 200 committed partners across the globe.

Carestream is a worldwide provider of medical imaging systems, X-ray imaging systems for non-destructive testing, and precision contract coating services for a wide range of industrial, medical, electronic, and other applications, all backed by a global service and support network.

-- BERNAMA 

DUCK CREEK SCORES BIG IN CELENT'S 2025 P&C TECHNOLOGY RANKINGS

KUALA LUMPUR, July 23 (Bernama) -- Duck Creek Technologies has secured five XCelent Advanced Technology 2025 awards from analyst firm Celent, cementing its status as a global leader in Policy Administration System (PAS) for the property and casualty (P&C) insurance market.

The company earned Advanced Technology awards in North America, Europe, the Middle East and Africa (EMEA), and Latin America (LATAM), along with wins for Breadth of Functionality and Customer Base and Support in North America.

Duck Creek Technologies Chief Executive Officer, Mike Jackowski said this validation from Celent shows the company’s platform empowers insurers worldwide to be faster, more agile, and more competitive.

“Celent's recognition across three regional reports confirms that our approach to policy administration innovation is making a real impact,” he said in a statement.

In addition, Celent named Duck Creek a Luminary—its highest distinction—in North America, recognising exceptional performance across innovation and execution.

Duck Creek was also recognised as a Technology Standout in EMEA, LATAM, and Asia Pacific (APAC) regions where agility and technical innovation are increasingly vital.

The company received high marks within the report based on its mature, cloud-based PAS used by a wide range of insurers globally.

Designed with persona-based workspaces, the Duck Creek platform supports underwriting and policy servicing with ease of use and efficiency.

-- BERNAMA

UK’s Barocal Wins US$1 Mln At TERA-Award For Solid-State Cooling Innovation

KUALA LUMPUR, July 22 (Bernama) -- British company Barocal has clinched the Gold Award and a US$1 million prize at the fourth edition of the TERA-Award, an Asia-based smart energy innovation competition empowered by Full Vision Capital. (US$1=RM4.22)

Organised by The Hong Kong and China Gas Company Limited, the event, held for the first time outside Hong Kong, took place on July 18 at King’s College, University of Cambridge, and was attended by over 100 industry leaders, entrepreneurs, scientists, investors and scholars.

Barocal’s breakthrough solid-state cooling system utilises barocaloric materials that change temperature under pressure, eliminating the need for harmful refrigerants while enhancing energy efficiency.

The technology, developed over a decade of research at the University of Cambridge, is said to offer up to three times the energy efficiency of conventional cooling systems, according to the organiser in a statement.

Full Vision Capital Principal and TERA-Award Founder, Dr Peter Lee said hosting the event overseas marked a major step in building an international platform for energy innovators.

“We are fostering a growing network of innovators, investors and partners. With targeted support and incubation, we have seen great progress from past winners and look forward to more success stories,” he said.

This year’s competition attracted 785 entries from 76 countries and regions. Winners hailed from Australia, China, the United Kingdom (UK), the United States, Singapore and Spain, reflecting the TERA-Award’s expanding global reach.

An innovation showcase and forum were held alongside the ceremony, featuring discussions on global clean energy trends and the importance of collaboration in the energy transition.

The fourth edition of the TERA-Award received support from the Hong Kong Investment Corporation, InvestHK, the UK Department for Business and Trade, and Kerogen CelerateX, underlining joint efforts to accelerate the commercialisation of zero-carbon solutions.

-- BERNAMA

SEKO Logistics Opens New Singapore Hub To Power Regional Fulfilment, Growth

 

SEKO announces the relocation of its Singapore corporate office and warehouse to new facilities. 

KUALA LUMPUR, July 17 (Bernama) -- SEKO Logistics (SEKO) has relocated its Singapore corporate office and warehouse to a new 8,000-square-foot facility in the Changi Free Trade Zone, a move that supports the company’s Asia Pacific growth strategy.

The new hub enhances its e-commerce fulfilment, multimodal freight forwarding, and value-added warehousing services under one roof, delivering greater efficiency and scalability for clients across Southeast Asia.

The relocation marks a significant milestone in SEKO’s investment in regional logistics infrastructure, with the new site designed to offer faster lead times and improved operational control.

“This move in Singapore is aligned with our vision to expand globally, drive organic growth, and create more scale,” said SEKO Chief Executive Officer, Gordon Branov in a statement.

Meanwhile, its Singapore Managing Director, Fabiano Duarte said the facility’s plug-and-play setup, climate-controlled storage and modular infrastructure offer clients operational flexibility.

“Singapore is one of the world’s most connected logistics hubs, and this site gives our clients a launchpad for scalable growth in the region,” he said.

The facility supports key verticals including e-commerce, automotive, aviation, high-tech, and retail and lifestyle sectors. Services offered include air and ocean freight, cross-border and last-mile delivery, and customisation services such as kitting, labelling, and bundling.

Equipped for both business-to-business (B2B) and business-to-consumer (B2C) fulfilment, the warehouse features real-time inventory tracking through warehouse management system (WMS) integration and is compatible with major e-commerce platforms including Shopify, Shopee and Lazada.

Located within the Free Trade Zone, the warehouse provides same- or next-day access to major Southeast Asian markets such as Malaysia, Indonesia, Thailand and Vietnam.

The site also enables Goods and Services Tax (GST)-suspended storage, zone-to-zone transshipments and simplified customs procedures, creating a cost-effective and efficient gateway for regional distribution.

Headquartered in the United States, SEKO operates globally with a strong focus on e-commerce and cross-border logistics.

-- BERNAMA

CHAMPIONING ECONOMIC JUSTICE: CDC STRIKES GOLD FOR BREAKING BARRIERS IN PUBLIC PROCUREMENT

Senior Vice President of Corporate, Hafidz Ahmad Zehnun receiving the Gold award for Social – Diversity, Equity & Inclusion category.

BANDAR UTAMA, July 18 (Bernama) -- Commerce Dot Com Sdn Bhd (CDC) has been awarded the Gold Award in the Social – Diversity, Equity & Inclusion category at the ESG Positive Impact Awards 2024, recognising its powerful commitment to reshaping Malaysia’s public procurement landscape through its ‘Hari Bertemu Pembekal’.

At a time when economic inequality continues to limit progress, CDC’s award-winning initiative stands out as a force for change — empowering over 700 entrepreneurs from rural, remote, and marginalised communities in 2024 alone to participate directly in government tenders through the national ePerolehan platform.

Through its bold, data-informed strategy, on-ground execution, and deep collaboration with the Ministry of Finance (MOF) and other stakeholders, the programme has helped small businesses—many led by women and informal traders—overcome digital, logistical, and institutional barriers that once stood in their way.

“This isn’t just a win for CDC — it’s a win for every entrepreneur in Kalabakan, Sebauh, Tenom and beyond who now sees a future within the government supply chain,” said Datuk Muzafar Kamal Shahaluddin, Chief Executive Officer of CDC. “We didn’t just take a system to the people — we made them believe they belong in it.”

Hari Bertemu Pembekal was rolled out across six zones including Sabah, Sarawak, Pahang, and Melaka, with permanent CDC officers deployed on the ground to offer hands-on support from troubleshooting registrations to demystifying procurement standards. Results have been both immediate and sustained: 65% successful registrations, 400+ system logins within 60 days, and a 71% retention rate — a clear marker of lasting engagement.

This Gold win also affirms CDC’s alignment with critical Sustainable Development Goals SDG 8 (Decent Work), SDG 10 (Reduced Inequalities), SDG 9 (Infrastructure), and SDG 17 (Partnerships) through its relentless pursuit of equity over convenience.

Looking ahead, CDC plans to scale its impact by enabling community-based peer mentorship, building digital self-help platforms, and introducing a DEI impact dashboard to track long-term outcomes.

With this ESG Gold, CDC cements its role as not just a technology provider — but a national enabler of inclusive growth and economic dignity.

About Commerce Dot Com Sdn Bhd

Established in 1999 as a procurement solutions provider, Commerce Dot Com Sdn. Bhd. (CDC) is a government-linked company under the Ministry of Finance whereby the ministry’s corporate arm, Ministry of Finance (Incorporated), holds a golden share in the company. With over 20 years of experience under its belt, CDC has established itself as among the leading procurement solutions providers in Malaysia and has a well-earned reputation for providing exceptional services through its innovative solutions.

SOURCE: Commerce Dot Com Sdn Bhd

FOR MORE INFORMATION, PLEASE CONTACT:
Name: NURUL 'AIN BINTI MOHD YUSSOF
Tel: 017-7998902
Email: nurulain@commercedc.com.my

--BERNAMA

MIMOS BERHAD ANNOUNCES DR SAAT SHUKRI EMBONG AS PRESIDENT AND GROUP CHIEF EXECUTIVE OFFICER

 

Dr Saat Shukri Embong officially assumes his role as President and Group Chief Executive Officer of MIMOS Berhad. With a distinguished track record in technology innovation and strategic leadership across the public and private sectors, Dr Shukri is poised to lead MIMOS in advancing Malaysia’s technology landscape and driving national digital transformation.

BUKIT JALIL, July 18 (Bernama) -- MIMOS Berhad, Malaysia's national applied research and development centre, is pleased to announce the appointment of Dr Saat Shukri Embong as the President and Group Chief Executive Officer, effective 14 July 2025. Dr Shukri, a distinguished leader with a deep understanding of technology innovation and commercialisation, brings a wealth of experience to his new role at the helm of Malaysia's premier R&D institution.

He began his renowned career at Motorola Inc. in 1995, followed by a tenure at ON Semiconductor Inc. in 1998 as New Product Introduction Programme Manager. His extensive experience in the semiconductor industry includes key positions at STATSChipPAC Inc., Infineon Technologies AG, Texas Instruments Inc., and Freescale Semiconductor Inc. until 2008.

In 2009, Dr Shukri joined the Malaysian Industry-Government Group for High Technology (MIGHT) and in 2010, he was seconded to the Prime Minister’s Office as the Operation Director, Office of Science Advisor to the Prime Minister of Malaysia.

His journey with MIMOS Berhad commenced in 2010 as Director of Research, where he spearheaded various collaboration programmes with local and international industries, universities, and research institutions. In 2013, he advanced to lead the Technology and Product Portfolio Development and Management Group, overseeing strategic activities from market intelligence and technology identification to bringing R&D outputs to market. In 2016, he was instrumental in leading the MIMOS Strategy Office, charting the company's strategic direction, particularly in alignment with the Fourth Industrial Revolution (4IR) and national aspirations to position Malaysia among the top 20 countries by 2050. Most recently, in 2023, he served as Head of the Technology Venture Sector, driving collaboration, partnerships, commercialisation, and talent development initiatives.

Throughout his remarkable career, Dr Shukri has successfully developed numerous new technologies, products, and solutions, and secured various intellectual properties in his field, earning him inclusion in the 16th Edition of MARQUIS’ Who’s Who In The World.

Dr Shukri holds a Bachelor of Science in Mechanical Engineering (1994) and a Master of Engineering in Mechatronics (1995) from the University of Hartford, USA, and a Ph.D. in Electrical Engineering from Universiti Kebangsaan Malaysia (2015).

Under Dr Shukri's leadership, MIMOS Berhad is poised to accelerate its contributions to national technology advancement, ensuring that Malaysia remains at the forefront of innovation and digital transformation.

About MIMOS Berhad
MIMOS is a strategic agency under the Ministry of Science, Technology and Innovation (MOSTI) and a premier innovation centre in Semiconductors, Microelectronics, and ICT technologies, contributing to Malaysia’s socio-economic growth through patentable technology platforms, products, and solutions. Since its inception, MIMOS has filed 2,000 patents in various technology domains and across key socio-economic areas, driving Malaysia’s digital transformation journey into the international arena.

As a centre of research excellence, MIMOS R&D activities currently focus on Semiconductor & Thin Film Research, Advanced Electronics & Embedded Systems, as well as Manufacturing and Smart Nation technologies. MIMOS continuously enhance its collaborations with existing strategic partners, explores new opportunities with potential partners, and develops new technology companies and business- oriented technology venture organisations. MIMOS also maintains its R&D of advanced technology, explores the development of global technopreneurship, and cultivates an attitude of trust, innovation and high performance.

For more information, please visit www.mimos.my.

SOURCE: MIMOS Berhad

FOR MORE INFORMATION, PLEASE CONTACT:
Corporate Communication team
Name: Patricia Liew
Manager
Corporate Communication
Email: patricia.liew@mimos.my

Name: Nurazuin Wahab
Assistant Manager
Corporate Communication
Email: nurazuin.wahab@mimos.my

Name: Nuramalina Husna Nurdin
Senior Executive
Corporate Communication
Email: nuramalina.nurdin@mimos.my

--BERNAMA

BOTANEE GROUP LEADS CHINESE BEAUTY INDUSTRY PUSH AT CHINA-THAILAND CULTURAL EXCHANGE

 

Winona enters the Thai market

KUALA LUMPUR, July 16 (Bernama) -- The "Mountains and Seas Spirits · Yu Garden Lantern Festival – 2025 China-Thailand Cultural Month" officially commenced at ICONSIAM, Bangkok, marking the 50th anniversary of diplomatic relations between China and Thailand.

The event, aimed at strengthening cultural ties between the two nations, saw the participation of Botanee Group, a leading Chinese functional skincare company, as the sole representative from the beauty industry.

From July 7 to 13, Botanee Group, together with its flagship brand Winona, hosted the themed exhibition "Botanee Week – Mountain-Sea Harmony, Oriental Botanical Rhyme" – A Celebration of Living Aesthetics under the umbrella of the cultural month.

The exhibition highlighted the brand’s commitment to health, beauty, and the promotion of Oriental aesthetics through scientific innovation, according to the group in a statement.

Founded in Yunnan Province, China, Botanee has emerged as a key player in the functional skincare market. The company’s presentation at the event featured a specially designed Winona popup booth, which illustrated its journey from the snow-capped mountains of Yunnan to advanced laboratories across the globe.

In addition to its research and development centres in Shanghai and Kunming, Botanee has established laboratories in Paris, France, and Tokyo, Japan, further advancing international scientific collaboration.

Earlier this year, the group launched its Southeast Asia headquarters in Bangkok, marking a strategic milestone in its global expansion efforts.

Botanee’s products are currently available in leading Thai beauty retail outlets such as BEAUTRIUM and EVEANDBOY and have also entered Mannings stores in Hong Kong and Macao.

The "Botanee Week" initiative is seen as a significant step in strengthening the group’s market presence in Thailand while laying the groundwork for future expansion into neighbouring countries including Singapore, Malaysia and Vietnam.

Botanee Group remains committed to leveraging China’s scientific expertise to support its global growth and contribute to the international development of Chinese cosmetics.

-- BERNAMA

ENCORP NAMES YOUNG TALENT TO BOARD AS NON-INDEPENDENT NON-EXECUTIVE DIRECTOR

KOTA DAMANSARA, July 16 (Bernama) -- Encorp Berhad (ENCORP) announces the appointment of Encik Muhammad Fitri Othman as its new Non-Independent Non-Executive Director effective 15 July 2025. His appointment signals ENCORP’s commitment to introducing fresh perspectives and next-generation leadership to its Board.

Encik Fitri brings with him over 17 years of experience across financial services, government- linked investment entities and the corporate sector, both in Malaysia and abroad. He is currently serving as the Group Chief Executive Officer of Felda Investment Corporation (FIC), where he oversees strategic leadership, business growth and value creation across FIC’s core businesses in hospitality, trading, property management, real estate development and mining.

Prior to this, Encik Fitri served as the Chief Investment Officer of Lembaga Tabung Angkatan Tentera (LTAT), the retirement fund for the Malaysian Armed Forces. He was responsible for the fund’s overall investment strategy, including oversight of its strategic holdings in Affin Bank Berhad and Boustead Holdings Berhad. During his tenure, he was also a Director of Boustead Holdings Berhad, where he served as a member of the Group Board Sustainability Committee, providing oversight on ESG strategies and corporate transformation initiatives.

He also served as a Director of Affin Islamic Bank Berhad, where he provided guidance on the bank's strategic direction and governance as part of the Board, and was a member of the Group Board Compliance Committee, ensuring adherence to Shariah principles, regulatory standards and corporate governance best practices.

Encik Fitri has held numerous board and board committee roles in diverse sectors including banking, real estate, plantation, pharmaceuticals, downstream fuel and asset management. He has led strategic divestments, high-value corporate transactions and major portfolio restructurings.

He started his career as an investment analyst with Permodalan Nasional Berhad (PNB) and held various positions within the Group for over 11 years including stints at subsidiaries in London and Tokyo.

Encik Fitri holds a Bachelor of Science in Economics and Finance (First Class Honours) from the University of Southampton, United Kingdom, a Master of Science in Economics from the London School of Economics and Political Science, United Kingdom and is a Chartered Financial Analyst (CFA) charterholder accredited by the CFA Institute of USA. He also holds a Sustainable Investing Certificate from the CFA Institute of USA and has completed executive education programmes at INSEAD, France and Harvard Business School, USA.

Encik Fitri’s appointment reflects ENCORP’s focus on nurturing high-calibre talent and enhancing Board diversity with global thinkers who bring fresh energy and strategic foresight. It also underscores the Group’s continued commitment to forward-looking governance and sustainable value creation.

About Encorp Berhad
Listed on the Main Market of Bursa Malaysia (Ticker: ENCORP/6076), ENCORP is principally an investment-holding company. The Group is currently involved in three core businesses – property development, property investment and construction. For more information, visit www.encorp.com.my.

SOURCE: Encorp Berhad

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Saidah Umairah Binti Zul Azki
Tel: 03 6286 7777
Email: umairah@encorp.com.my

--BERNAMA

Bitget Launchpool to List Eclipse (E) with over 1.5M in Token Rewards

VICTORIA, Seychelles, July 16 (Bernama-GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange, and Web3 company has announced the listing of Eclipse (ES) in the Innovation Zone, for spot trading. Besides being available for spot trading, Bitget will launch an exclusive Launchpool rewards campaign with up to 1,511,494 ES up for grabs.

Spot trading for Eclipse (ES) under the ES/USDT trading pair will begin on 16 July 2025, 10:00 (UTC) with withdrawals will be available starting 17 July 2025, 11:00 (UTC).

To celebrate the listing, Bitget will launch a Launchpool campaign offering 1,295,600 ES in total rewards. Eligible users can participate by locking either BGB or ES tokens during the event, which runs from 17 July 2025, 10:00 to 21 July 2025, 10:00 (UTC). In the BGB pool, users can lock between 5 and 50,000 BGB, with maximum limits determined by their VIP tier, for a chance to earn a share of 1,261,000 ES. In the ES pool, participants can lock between 8 and 800,000 ES to receive a portion of 34,600 ES in rewards.

Additionally, Bitget will launch a CandyBomb campaign with 166,000 ES available through a trading-based airdrop. Of the total, 99,600 ES will be allocated to the ES trading pool, while 66,400 ES will be available in the combined BTC, SOL, and ES trading pool.

Bitget will also run an X Giveaway, where 750 qualified users will have the chance to win a share of 24,947 ES. The campaign runs from 16 July 2025, 10:00 to 23 July 2025, 10:00 (UTC). To participate, users must follow Bitget and Eclipse on X, quote the giveaway post with the hashtag #ESlistBitget, tag a friend, sign up, deposit or trade ES on Bitget, and complete the form linked in the post.

In addition, a community campaign will run during the same period, offering another 24,947 ES to be shared among 750 qualified users. To join, users need to become members of both the Bitget Discord and BGB Holders Group, sign up, make a net deposit of over 100 USDT, and complete any ES/USDT spot trade.

Eclipse is a modular L2 network built to deliver fast, low-cost, and scalable blockchain performance by integrating the strengths of multiple ecosystems. It leverages Ethereum for settlement, the Solana Virtual Machine (SVM) for speed, Celestia for data availability, and RISC Zero for zero-knowledge proofs. Positioning it to address the blockchain trilemma of scalability, security, and decentralization. With its developer-friendly design, Eclipse is optimized for high-performance use cases, from high-frequency DeFi transactions to complex decentralized applications, offering a seamless experience without compromising on speed or efficiency.

Bitget continues to solidify its role as a top-tier cryptocurrency exchange, offering over 800 listed tokens across spot and derivatives markets. The addition of Eclipse to Launchpool aligns with Bitget's ongoing effort to support innovative projects whose value continues to evolve the ecosystem.

Find more details on Eclipse, visit here.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange 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 leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.

Bitget is 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 markets, 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.

Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP™, one of the world’s most thrilling championships.

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/2be7c95b-4d40-4d41-be8b-b35d7e57d9aa

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

Saudi CMA Eases Investment Rules To Attract More Foreign Capital

RIYADH, Saudi Arabia, July 15 (Bernama-GLOBE NEWSWIRE) -- The Saudi Capital Market Authority (CMA) has approved a set of amendments that includes a set of facilitations related to the procedures for opening and operating investment accounts for certain categories of investors.The amendments aim to keep pace with regulatory and technological developments in the Kingdom of Saudi Arabia and to facilitate investment in the Saudi capital market by enhancing the procedures for opening and operating investment accounts, including the addition of new investor categories and regulating transactions related to those accounts. These changes are expected to strengthen the attractiveness of the Saudi capital market to both local and international investors, enhance investor protection, and reinforce the confidence of market participants.

According to the announcement by CMA, the requirements for opening an investment account for individual foreign investors residing in one of the GCC countries have been revised. Additionally, the scope of securities they can directly invest in has been expanded to include the shares of listed companies in the Saudi Main market (TASI). Prior to these facilitations, their access was limited to the debt instruments market, the Parallel Market (Nomu), investment funds, and the derivatives market. Furthermore, trading in the main market was previously restricted to being a final beneficiary under a swap agreement with a Capital Market Institution or as a client of a Capital Market Institution that made investment decisions on their behalf.

Additionally, the approved amendments introduce a new investment opportunity for who previously resided in the Kingdom or GCC countries. For the first time, these investors will continue operating their investment account and investing in listed shares in the main market even after their residency ends and they return to their home country. This change not only strengthens investor confidence but also reinforces the perception of Saudi Arabia as a long-term investment destination.

Notably, foreign investment in the Saudi capital market has seen significant growth over the past four years. The value of foreign ownership in the market reached over SAR 500 billion by the end of Q1 2025. Net foreign investment amounted to SAR 218 billion by the end of last year, up from SAR 140 billion in 2021. The value of sustainable investments held by QFI reached approximately SAR 7.8 billion by the end of 2024, an increase of 29% compared to 2023.

The CMA has previously introduced several improvements and development initiatives related to foreign investors, aiming to stimulate investment, enhance the market’s attractiveness and efficiency, and draw in greater foreign capital. Among the most notable of these initiatives is the announcement of allowing foreign investment in real estate listed companies operating in Makkah and Madinah.

Contact:
Capital Market Authority
Communication & Investor Protection Division
+966114906009
+966557666932
Media@cma.org.sa
www.cma.org.sa

SOURCE: Saudi Capital Market Authority CMA

--BERNAMA

Financial Planning for Professionals (FP4PRO) Roadshow

Programme highlights the basics of money management, investment and retirement by Licensed Financial Planners

KUALA LUMPUR, July 14 (Bernama) -- Financial Planning For Professionals (FP4PRO), returns for the 3rd year through a series of physical sessions. The sessions are being rolled out to strategically provide professionals with the basic knowledge of managing personal finances. The nationwide initiative conducted in collaboration between the Malaysian Financial Planning Council (MFPC), Capital Market Development Fund (CMDF), The Smart Investor (TSI) magazine, Private Pension Administrator (PPA) and WeBull Securities (M) Sdn Bhd, aims to strengthen the financial literacy foundation skills among professionals. The event is supported by the 23 professional members of Balai Ikhthisas Malaysia (BIM), the body for all professional organisations and a host of other professional bodies. The National Union of Journalists (NUJ) is also a collaborator for the 2025 edition.

The details of the roadshow are as follows:

No Programme Date/ Details Venue
1 Financial Planning for Professional Roadshow (Penang) 19th July 2025 Penang Institute, Penang
2. Financial Planning for Professional Roadshow (Ipoh) 2nd August 2025 The Haven, Ipoh
3. Financial Planning for Professional Roadshow (KL) 30th August 2025 AICB, KL
4. Financial Planning for Professional Roadshow (Virtual) 22nd November 2025 Zoom Events

The Financial Planning for Professionals (FP4PRO) marks a significant step in the Council’s commitment to address financial planning knowledge among professionals and is in line with the intent of the Government of ensuring that more professionals are aware of the need for planning ahead. This programme is designed to empower professionals, ensuring they remain at the forefront of attaining financial well-being. Securities Commission (SC) Malaysia and Bank Negara Malaysia (BNM) licensed financial planners and advisors will be available at the venue to provide consultation at no charge to the attendees.

Introduced in 2023, through funding by the Capital Market Development Fund (CMDF) on virtual sessions basis, FP4PRO programme has since grown into vital learning through physical sessions and soon to be made available online module. By empowering professionals with essential financial literacy knowledge, an action plan and ensuring equitable access to education on the topic by licensed intermediaries, and through strong partnerships with like-minded bodies, MFPC will continue to drive the importance of financial planning that could empower every Malaysian.

Financial well-being can best happen with the optimisation of one’s resources. This is knowledge many lack, including professionals. Amidst the swiftly changing economic landscape of today, individuals working in various fields encounter distinct financial obstacles. Strategic personal financial management has become more crucial than ever, from retirement planning to an array of investment options.

For more information on FP4PRO initiative, please visit https://www.mfpc.org.my/cpd-events/financialroadshow/

About MFPC

The Malaysian Financial Planning Council (MFPC) was set up in in 2004 with the objective of promoting nationwide development and enhancement of the financial planning profession. Our mission now includes raising the financial literacy of all Malaysians by being at the forefront of efforts to provide financial education to Malaysians from all walks of life. We do this by continuously conducting numerous financial education programmes for the public at no cost, reflecting our contribution to the positive development of Malaysians and ultimately the nation.
The RFP qualification has been approved by Bank Negara Malaysia (BNM) as a prerequisite to apply for a Financial Adviser License and a Financial Adviser Representative License. The RFP qualification has also been approved by the Securities Commission of Malaysia for the Capital Market Services License (CMSL) application in light of the introduction of the Capital Markets and Services Act 2007.
Our website: www.mfpc.org.my

SOURCE: The Malaysian Financial Planning Council (MFPC)

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Farhan Azizan
Tel: +6019 277 3521
Email: farhan@mfpc.org.my

Name: Syed Mohd Khalil
Tel: +6012 251 0807
Email: khalil@mfpc.org.my

--BERNAMA

Bitget Partners With UNTOLD Festival, Where Web3 Takes The Main Stage

CLUJ-NAPOCA, Romania, July 10 (Bernama-GLOBE NEWSWIRE) -- Bitget, the world’s leading cryptocurrency exchange and Web3 company, has collaborated with UNTOLD - one of the top three music festivals in the world to sync pop culture with Web3. With this, Bitget is now the official sponsor of UNTOLD X this August, with the partnership continuing at UNTOLD Dubai later this year. Over 400,000 music lovers will be attending the music festival, taking Bitget’s message to the mainstage and inviting the world to—Feel the ₿eat.

This partnership marks Bitget’s boldest move yet into the world of music and youth culture. Following headline-grabbing deals with LALIGA and MotoGP, the UNTOLD collaboration proves that Bitget isn’t just showing up; it’s stealing the spotlight. The goal? Bring Web3 to the front row, backstage, and every bass drop in between.

“We’ve partnered with athletes, champions, and now rockstars,” said Gracy Chen, CEO of Bitget. “UNTOLD speaks the language of the next generation. And so do we. Whether you're vibing in the crowd or trading on the go, Bitget is there to make every moment count. We’re here to connect, to move with the rhythm of pop culture, and to show that Web3 is the gateway to broadening horizons.”

Ranked #3 globally in DJ Mag’s Top 100 Festivals, UNTOLD has become a cultural landmark. It hosts live acts like Imagine Dragons, Lenny Kravitz, Bebe Rexha, Major Lazer, Charlie XCX, and Jason Derulo. Electronic giants like Martin Garrix, David Guetta, Armin van Buuren, Solomun, and Amelie Lens will also entertain the audience.

“We’re excited to welcome Bitget as a global partner of UNTOLD. This collaboration goes beyond sponsorship; it’s about building bridges between the world of music, culture, and the future of finance,” said Bogdan Rădulescu, Co-Founder & Chief Business Officer of UNTOLD Universe. “Together, we’ll create experiences that redefine how communities connect and celebrate across continents.”

The 10th anniversary edition promises to be legendary, with Post Malone, Armin van Buuren, Tiësto, and Martin Garrix leading the lineup. Bitget will be there every step (and step count) of the way, from immersive events to exclusive VIP experiences.

With front-row seats at UNTOLD, Bitget is turning up the volume on what it means to be a VIP. Think backstage access, ultra-exclusive lounges, and unforgettable moments, all reserved for those who live louder and demand the best.

The partnership kicks off at UNTOLD’s 10th anniversary in Cluj-Napoca. It will carry through to UNTOLD Dubai, where Bitget will once again bring the energy of emerging Web3 to one of the world’s most dynamic cultural stages.

As UNTOLD celebrates a decade of unforgettable music moments, Bitget steps into the spotlight to amplify what’s next. This partnership is about resonance. From Cluj to Dubai, Bitget is reimagining how a new generation connects with finance, culture, and each other.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. It also offers real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices.

Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.

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 markets, 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

About UNTOLD

UNTOLD Festival is one of the world’s largest music festivals, celebrating a decade this summer. Born in the heart of Transylvania, Romania, UNTOLD now ranks 3rd in the Top 100 Festivals by DJ Mag. In 2015, UNTOLD Festival won the award for the Best Major Festival in Europe, a premiere for a festival to receive this recognition after the first edition.

In 2025, UNTOLD celebrates 10 years with Post Malone, Metro Boomin, Anyma, Armin van Buuren, Martin Garrix with UNTOLD Special Set, FISHER, Tiësto Extended Set, Don Diablo Extended Set, Dom Dolla, Adriatique, and more. Over 430,000 fans worldwide are expected in Cluj-Napoca, from August 7 – 10, for the 10th anniversary of UNTOLD.

About UNTOLD Universe

UNTOLD Universe is one of the leading entertainment and live events groups in the world. Its portfolio includes UNTOLD Festival (ranked #3 in the Top 100 Festivals by DJ Mag), Neversea (#21), UNTOLD Dubai (#40), and Massif, a winter music experience in the Romanian mountains. Beyond festivals, UNTOLD Universe also creates cultural events, including Christmas markets, international partnerships, brand activations, communication, and movies.

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/45253b75-d3b8-4f34-ae98-50aaef502438

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

Bitget Wallet Partners with Mastercard and Immersve to Introduce Zero-Fee Crypto Card

SAN SALVADOR, El Salvador, July 7 (Bernama-GLOBE NEWSWIRE) -- Bitget Wallet has teamed up with payments leader Mastercard and infrastructure provider Immersve to launch a new crypto-linked card that allows users to make payments directly from their digital wallets at the more than 150 million merchants that accept Mastercard globally. The product aims to drive ease of use and efficiency in the crypto card space.

The card will be available through the Bitget Wallet app and supports real-time funding via onchain swaps and deposits. Leveraging Mastercard Digital First technology, users can apply for the card digitally and within minutes add it to their mobile wallets for use at both physical and online merchants.

Powered by Immersve, a Mastercard-licensed issuer, transactions are settled onchain through crypto to fiat conversion while adhering to Mastercard's regulatory framework, including KYC and AML requirements. The card will first be rolled out in the United Kingdom and European Union, with plans to expand to Latin America, Australia, and New Zealand in the coming months.

The launch comes amid continued interest in practical crypto applications and efforts by the payments ecosystem to connect blockchain-enabled solutions to the financial mainstream. Bitget Wallet, which reports over 80 million users globally, is positioning the card as a way to extend self-custodied assets into everyday commerce. The product also includes optional incentives such as transaction-based rewards, yield on idle balances in wallet, and one-time bonuses for completing identity verification.

"Crypto payments should be as seamless and secure as traditional transactions. With this partnership, Bitget Wallet users can now pay with crypto anywhere Mastercard is accepted," said Jamie Elkaleh, CMO at Bitget Wallet. "We're seeing massive demand for real-world crypto utility, and this collaboration with Mastercard and Immersve provides the infrastructure to make that vision a reality."

"Digital wallets are quickly becoming as ubiquitous as email addresses. At Mastercard, we're committed to working with innovative companies like Bitget Wallet and Immersve to make crypto transactions simple, secure, and accessible at scale," said Scott Abrahams executive vice president, Global Partnerships at Mastercard. "This is a critical step in bringing digital assets closer to mainstream utility."

"Partnering with forward-thinking teams like Mastercard and Bitget Wallet is exactly how we scale real-world crypto use," said Jerome Faury, CEO of Immersve. "We're bridging the gap between Web3 and traditional finance, allowing users to spend crypto as easily as they spend fiat—on a global scale."

For more information on how Bitget Wallet is enabling seamless crypto payments, visit Bitget Wallet website web3.bitget.com and blog.

About Bitget Wallet
Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple, seamless and secure for everyone. With over 80 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, a DApp browser, and crypto payment solutions. Supporting 130+ blockchains, 20,000+ DApps, and a million tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users' assets. Its vision is Crypto for Everyone — to make crypto simpler, safer, and part of everyday life for a billion people.

For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook

About Immersve
Immersve is a principal member of the Mastercard network. Its issuing-as-a-service platform supports both centralised and decentralised payment experiences. Exchanges, web3 wallets and DeFi protocols can easily integrate with Immersve's APIs and smart contracts to transact anywhere Mastercard is accepted. Immersve is a registered Financial Services Provider. For more information on the APIs go to docs.immersve.com.

Join our waitlist and Discord community for more information: https://discord.gg/HZZJjsBk

About Mastercard www.mastercard.com

Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re building a resilient economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.

Media Contacts:
Mastercard Communications Contact: Biz.Cozine@mastercard.com
Bitget Communications Contact: media.web3@bitget.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/eca20f1d-d156-4594-a96b-dc99ee024060

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