NABEP STRENGTHENS SENIOR LEADERSHIP TEAM, LEGAL EXPERTISE WITH NEW APPOINTMENTS

Sara Chouraqui joins NABEP as its General Counsel, bringing decades of legal expertise.

KUALA LUMPUR, Aug 27 (Bernama) -- North American Blue Energy Partners (NABEP), an oil and gas exploration and production company, has appointed Sara Chouraqui as General Counsel, with Elizabeth Collery and Victoria Jacobson joining as Deputy General Counsel.

NABEP in a statement said the appointments significantly strengthen its senior leadership team and legal expertise as the company improves its operations, increases production and develops new strategic and commercial partnerships.

“Sara understands the complex legal and regulatory environment in which global businesses operate and, equally importantly, how a strong legal function can help a business grow, pursue opportunities and build lasting partnerships.

“This expertise will be critical as NABEP enters an important new phase of its development, expanding our operations and establishing new strategic relationships,” said NABEP Chief Executive Officer, Alejandro Betancourt.

Meanwhile, Chouraqui said the company remains committed to operating with integrity, upholding the highest legal and compliance standards and setting a benchmark for responsible leadership in the energy industry in Latin America, adding that she, Collery and Jacobson look forward to bringing their collective experience to support NABEP as it contributes to the revitalisation of the Venezuelan economy.

With her experience navigating complex cross-border legal and regulatory matters, Chouraqui will lead NABEP’s global legal function and advise the company’s leadership on legal, regulatory and corporate priorities, including major transactions and partnerships, governance, compliance and the management of legal and regulatory risk across its operations.

Chouraqui joins NABEP following a distinguished career at the United Kingdom’s Serious Fraud Office (SFO), where she served as Head of a Fraud, Bribery and Corruption division, overseeing some of the office’s most significant international investigations.

NABEP said Collery and Jacobson also held senior positions at the SFO, closely assisting Chouraqui in her work.

-- BERNAMA

Axi Refreshes Its Brand Identity with The Launch of a New Website

 

SYDNEY, Aug 26 (Bernama-GLOBE NEWSWIRE) -- Axi, a global online trading broker, today announces the launch of its refreshed brand identity, including a new website with a fully updated visual system designed to reflect the broker's position as a dedicated partner to traders across every market.

The refresh marks an evolution of Axi's identity, not a departure from it. The logo retains its recognised form, and the brand's signature red remains central to the new visual language. What has changed is the precision and cohesion with which every element comes together.

The new visual system introduces refined typography, a sharper and more modern design language, and a globally scalable character system that reflects the diversity of the markets and communities Axi serves. The updated website is the clearest expression of the new brand in action. The refresh will extend across Axi's full product ecosystem. The Axi app and client portal will carry the updated visual identity, giving traders a consistent brand experience across every platform they use.

Axi Select: a sharper look for a programme built on performance

Axi Select, Axi's capital allocation programme for qualifying traders, debuts a refreshed visual identity as part of the broader brand update. Designed for traders who are serious about their edge, Axi Select offers a structured six-stage progression model, giving participants a clear pathway to grow their trading capital. From the Seed stage through to professional-level funding of up to $1,000,000 of Axi's capital. With over 55,000 traders already on the programme, the refreshed look reflects the programme's ambition and the community it serves.

“A lot changed with this refresh, and that was intentional.”, said Julie Sharova, Global Head of Marketing at Axi, “But our DNA stays — the logo, the elements that make us us. It was about making sure our DNA speaks to more people, in more places. We wanted to feel modern and relatable across different audiences — because we believe you can be globally consistent and locally connected at the same time.”

Axi operates across multiple regions globally, serving retail and professional traders with access to forex, stocks, indices, and commodities. The brand refresh reflects the broker's continued investment in the trader experience, across every touchpoint, in every market.

About Axi

Axi is a global online trading broker providing retail and professional traders with access to forex, stocks, indices, and commodities. Through its trading platforms, educational resources, and market analysis tools, Axi helps traders navigate global financial markets with confidence.

Media enquiries: mediaenquiries@axi.com

The Axi Select program is only available to clients of AxiTrader LLC. CFDs carry a high risk of investment loss. This content may not be available in your region. For more information, refer to Axi's Terms of Service. Standard trading fees and minimum deposit apply. 

SOURCE: Axi Financial Services (UK) 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. 

INDONESIAN HEALTHCARE TRAVEL TO MALAYSIA HITS RECORD RM2.2 BILLION AS MHX RETURNS TO YOGYAKARTA

YOGYAKARTA, Aug 24 (Bernama) -- Malaysia Healthcare Travel Council (MHTC) once again strengthened Malaysia’s presence in Indonesia through MHX Yogyakarta 2026, held from 20 to 23 August 2026 at the Grand Atrium, Pakuwon Mall Jogja. The four-day event came on the back of a record year for the Indonesian market, which generated RM2.2 billion in healthcare travel revenue in 2025, marking a 24% year-on-year increase. The four-day healthcare consumer event underscores Malaysia Healthcare's commitment to bringing trusted, high-quality healthcare services closer to Indonesian communities while expanding its footprint in one of Indonesia's fastest-growing regional centres. Held under the Malaysia Year of Medical Tourism (MYMT) 2026 campaign themed Healing Meets Hospitality, MHX Yogyakarta 2026 reinforces Malaysia's position as the preferred destination for medical tourism by combining world-class medical expertise with compassionate patient care and seamless healthcare experiences.

Yogyakarta has emerged as a strategic market for Malaysia Healthcare, supported by a well-educated population, increasing demand for advanced specialty care, and convenient direct connectivity to Kuala Lumpur. These factors present strong opportunities to further strengthen healthcare collaboration between Malaysia and Indonesia and to provide greater access to specialised treatment options for Indonesian patients.

Speaking on the occasion, Rahmatullah Baragau, MHTC’s Head of Indonesia Market said: "Indonesia has always been Malaysia Healthcare's closest and most valued market, and Yogyakarta represents an exciting opportunity as healthcare awareness and demand for specialised treatments continue to grow. Through MHX Yogyakarta 2026, we aim to strengthen public confidence in Malaysia Healthcare while bringing our trusted healthcare ecosystem closer to local communities."

More than 15 member hospitals participated, showcasing Malaysia's strengths across various medical disciplines including cardiology, oncology, orthopaedics, fertility, health screening, gastroenterology, and other specialised services.

Participating list of hospitals:

1. Island Hospital Penang
2. Institut Jantung Negara
3. Mahkota Medical Centre
4. Subang Jaya Medical Centre
5. Alpha IVF & Women’s Specialists
6. Ampang Puteri Specialist Hospital
7. GenPrime Everlink Fertility Centre
8. Hospital Picaso
9. Damansara Specialist Hospital 2
10. KPJ Klang Specialist Hospital
11. MSU Medical Centre
12. Optimax Eye Specialist Centre
13. Pantai Hospital Kuala Lumpur
14. Pantai Hospital Penang
15. Penang Adventist Hospital
16. Sunway Medical Centre Damansara
17. Sunway Medical Centre Penang
18. Sunway Medical Centre Sunway City Kuala Lumpur
19. Thomson Hospital Kota Damansara

Indonesia continues to be Malaysia Healthcare's largest source market. Healthcare traveller arrivals from Indonesia reached 968,000 in 2025, a 16% increase from the previous year, reflecting sustained confidence among Indonesian patients in Malaysia's healthcare offerings. MHX Yogyakarta 2026 forms part of MHTC's broader strategy to strengthen long-term partnerships with communities, healthcare stakeholders, and local organisations across Indonesia, while supporting MYMT 2026’s goals to position Malaysia as the world's preferred medical tourism destination.

Photo can be found in this link:
https://drive.google.com/drive/folders/10AzLpq9bue6XIhyX-d36lQsp4iuq-lw5?usp=sharing

SOURCE: Malaysia Healthcare Travel Council (MHTC)

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Mohamad Shahizam Fauzi
Head, Communications
Tel: +603 8776 6168
Email: shahizam.f@mhtc.org.my

Name: Siti Hamidah Mohd Najib
Senior Executive, Communications
Tel: +603 8776 6168
Email: hamidah.m@mhtc.org.my

--BERNAMA

SHAPE MEMORY MEDICAL CLOSES US$10 MLN FINANCING FOR CLINICAL TRIALS

KUALA LUMPUR, Aug 24 (Bernama) -- Shape Memory Medical Inc, a California-based global medical device company, has closed a US$10 million convertible note financing led by new investor August Global Partners (AGP), joined by fellow new investor Taiwania Capital. (US$1=RM4.03)

The financing provides capital to support continued clinical development of the company’s aortic portfolio, including patient follow-up and data collection in the AAA-SHAPE Pivotal Trial, and advancement of the False Lumen Treatment for Prevention of Aortic Growth Using Shape Memory Polymer (FLAGSHIP) feasibility trial.

The company said it is backed by a global syndicate of healthcare investors, including HBM Healthcare Investments (Cayman) Ltd, Earlybird Venture Capital and WexMed II LLC. The financing was also supported by HEAL Venture Lab.

“With enrolment recently completed in our AAA-SHAPE Pivotal Trial and continued progress in FLAGSHIP, we are focused on generating the clinical evidence needed to support the broader adoption of our shape memory polymer technology in aortic applications,” said Shape Memory Medical President and Chief Executive Officer, Ted Ruppel.

He said the company was pleased to welcome AGP and Taiwania Capital as investors and appreciated the continued support of its existing shareholders.

The AAA‑SHAPE Pivotal Trial is evaluating the safety and effectiveness of the IMPEDE‑FX RapidFill Device when used alongside endovascular aneurysm repair (EVAR) to proactively manage the abdominal aortic aneurysm (AAA) sac.

Shape Memory Medical in a statement said the randomised, multicentre study recently completed enrolment and will follow patients for five years.

FLAGSHIP is a first-in-human clinical study evaluating the company’s investigational False Lumen Embolisation (FLE) System for treatment of aortic dissection false lumen. The study is designed to evaluate safety and preliminary signs of efficacy and will follow patients for two years.

AGP is a Singapore-based independent fund management firm investing across healthcare and advanced manufacturing, while Taiwania Capital is a venture capital firm focused on early- to growth-stage companies.

-- BERNAMA

NORAINI CALLS FOR GREATER INNOVATION AND MARKET ACCESS TO STRENGTHEN MALAYSIA’S RUBBER PRODUCTS INDUSTRY

KUALA LUMPUR, Aug 21 (Bernama) -- Malaysia’s rubber products industry must accelerate innovation, strengthen supply chain resilience and expand market access to remain competitive in a rapidly changing global economy, said Minister of Plantation and Commodities, YB Datuk Seri Dr. Noraini Ahmad.

Speaking at the inaugural Malaysian Rubber Council (MRC) Industry Leadership & Networking Dinner, she said the industry must build on its manufacturing strengths while responding to growing market expectations for sustainability, traceability and technology-driven solutions.

“We must build on our existing strengths and reinforce Malaysia’s position as a preferred global supplier of innovative, sustainable and high-quality rubber products. This is essential to securing the long-term growth and resilience of our industry,” she said.

Datuk Seri Dr. Noraini outlined three key priorities for the industry. These include accelerating innovation, automation and digital transformation, strengthening sustainable and resilient supply chains, and expanding market access for Malaysian rubber products.

She reaffirmed the Ministry’s commitment to providing a conducive policy and regulatory environment while continuing to engage closely with industry to understand operational challenges and develop practical solutions.

The Minister also welcomed MRC’s commitment to eliminating forced labour in the Malaysian rubber industry as part of its collaboration with the International Labour Organization. She called on industry players to support responsible labour practices and participate actively in MRC’s social compliance initiatives.

The event also saw MRC exchange five memoranda with its strategic partners to accelerate innovation, support the commercialisation of new technologies and develop higher-value rubber products.

Datuk Seri Dr. Noraini also presented the MRC Scholarship Awards and congratulated the recipients. She encouraged them to make full use of the opportunity and contribute their knowledge and leadership to Malaysia’s rubber industry.

The inaugural dinner brought together key industry stakeholders and reinforced the importance of close Government-industry collaboration, strategic partnerships and talent development in strengthening the future of Malaysia’s rubber products industry.

About MRC

The Malaysian Rubber Council (MRC), formerly known as the Malaysian Rubber Export Promotion Council, was incorporated on 14 April 2000 under the Companies Act 1965 as a company limited by guarantee under the Ministry of Plantation and Commodities (KPK). MRC is governed by a Board of Trustees appointed by KPK. MRC is tasked with undertaking market promotion of quality Malaysian rubber and rubber products in world markets. In getting more Malaysian rubber products to penetrate local and international markets successfully, MRC also provides various commercialisation supports to the industry. MRC has overseas offices in the US and India serving as hubs for information on Malaysian rubber and rubber products. These offices support Malaysian companies in expanding their business abroad, promote Malaysian rubber exports, monitor policy changes and regulations affecting rubber imports and usage, as well as facilitate joint ventures, and R&D collaborations.

SOURCE: Malaysian Rubber Council (MRC)

FOR MORE INFORMATION, PLEASE CONTACT:
Corporate Communications Division
Malaysian Rubber Council (MRC)
Tel: +603 2782 2100
Email: comms@myrubbercouncil.com
Visit our website: www.myrubbercouncil.com

Media Contacts
Name: Angela Chan
Tel: +60 16 280 7703
Name: Thania Ammanena
Tel: +60 19 218 3564
Name: 'Aisyah 'Izzati
Tel: +60 17 739 1219

--BERNAMA

RESULTICKS STRENGTHENS CHANNEL PARTNERSHIPS WITH PALLASENA V VISWANATH APPOINTMENT

 

KUALA LUMPUR, Aug 20 (Bernama) -- Resulticks has appointed Pallasena V Viswanath as Global Advisor, Channel Partnerships, to strengthen its global partner ecosystem and drive growth through strategic alliances.

Based in Singapore, Viswanath will focus on expanding Resulticks' partner network and accelerating channel partnerships across key markets, particularly in Asia Pacific and the Middle East and Africa (MEA), according to the company in a statement.

Resulticks Co-Founder and Chief Executive Officer, Redickaa Subrammanian said Viswanath brings strategic vision, industry relationships and execution expertise that will help deepen partner engagement and create new opportunities for customers and partners.

Meanwhile, Viswanath said he looks forward to working with the leadership team to strengthen partner collaborations, expand strategic alliances and support the company's next phase of growth.

Viswanath brings more than 40 years of experience across the solutions and distribution ecosystem, including senior roles with HP and Redington. He will work with Resulticks' leadership team to strengthen relationships with technology providers, system integrators, consulting firms and strategic partners.

RESULTICKS is a connected customer engagement platform that helps brands unify customer data, manage communications across channels and drive data-informed decisions through artificial intelligence (AI)-powered intelligence and analytics.

Headquartered in New York, the company serves enterprises across North America, Asia and the Middle East, with offices in India, Singapore and Dubai.

-- BERNAMA

HONG KONG CYCLOTHON OPENS REGISTRATION WITH NEW 56 KM ROUTE, UCI ROAD RACE

KUALA LUMPUR, Aug 20 (Bernama) -- The Hong Kong Tourism Board (HKTB) has announced the opening of public registration for the Sun Hung Kai Properties Hong Kong Cyclothon, which will take place on Oct 11.

This year’s event continues to promote the spirit of sports for charity and features several new elements, including a 56-kilometre (km) non-competitive ride on a “Five Tunnels, Three Bridges” route, while the popular 32 km ride will continue on the “Two Tunnels, Two Bridges” route. More than 6,500 places are available for the two non-competitive rides.

The Cyclothon will also feature the return of the Union Cycliste Internationale (UCI) Class 1.1 Road Race, with a new 100 km racecourse that will draw elite teams from around the world for competition in Hong Kong.

“Starting in mid-September, HKTB will roll out a series of mega events, with the Hong Kong Cyclothon standing out as one of the most energetic and dynamic international sporting spectacles on our calendar,” said HKTB Chairman, Dr Peter Lam in a statement.

HKTB said the popular non-competitive ride has been upgraded this year, with the previous 50 km route extended to 56 km and spanning six districts — Yau Tsim Mong, Sham Shui Po, Kwai Tsing, Tsuen Wan, Sha Tin and Kowloon City.

The 56 km route will take participants along the newly opened Central Kowloon Bypass for the first time, while the 32 km ride will maintain its “Two Tunnels, Two Bridges” route, incorporating Cheung Tsing Tunnel, Nam Wan Tunnel, Stonecutters Bridge and Ting Kau Bridge.

The starting and finishing lines will be relocated to Museum Drive in the West Kowloon Cultural District, with a dedicated viewing zone allowing locals and visitors to watch cyclists up close as they make their final dash to the finishing line. The new UCI route will also pass iconic landmarks, including the Hong Kong Palace Museum and the International Commerce Centre.

A new non-competitive World University Trophy will be introduced as part of the 56 km ride, bringing together university cyclists from Hong Kong, the Chinese Mainland and overseas institutions ranked among the world’s top 100 universities.

In addition, HKTB will stage a dedicated cycling-themed carnival at the Great Lawn of Art Park in the West Kowloon Cultural District, featuring sports, entertainment, family-friendly activities and culinary offerings.

-- BERNAMA

MIDF SUPPORTS GAPIMA’S EXPANSION WITH RM13.4 MILLION ISLAMIC FINANCING FOR NEW LOGISTICS FACILITY

Azizi Mustafa, Chief Executive Officer of MIDF

PETALING JAYA, Aug 20 (Bernama) -- Malaysian Industrial Development Finance Berhad (“MIDF”) has provided RM13.4 million in Islamic financing to GAPIMA Sdn Bhd (“GAPIMA”) under the Soft Financing Scheme for Automation and Modernisation (SFSAMi) to part-finance the acquisition of a new industrial property in Klang, Selangor.

The financing will support GAPIMA’s purchase of a semi-detached industrial building and factory located at 2A, Jalan Anding 3/KU5, with a total purchase price of RM14.896 million. The new facility forms part of GAPIMA’s ongoing upgrading and expansion programme, aimed at enhancing logistics efficiency, strengthening its warehousing capabilities and providing additional capacity to support the company’s continued growth.

Established in 1974, GAPIMA has evolved from its beginnings in forwarding and stevedoring at Penang Port into an integrated logistics provider offering project logistics, freight forwarding, multimodal transportation and warehousing solutions. Today, the company operates a network of 10 offices and warehouses nationwide, with its headquarters owned by the company and its other locations leased from third parties.

The acquisition represents an important step in GAPIMA’s efforts to strengthen its physical infrastructure alongside the continued development of its business. With operations spanning key locations across Peninsular and East Malaysia, the company continues to expand its operational capabilities while investing in its people and digital skills to support greater efficiency.

Azizi Mustafa, Chief Executive Officer of MIDF, said “GAPIMA’s investment in a new logistics facility is a good example of how strategic financing can help Malaysian businesses build the capacity required for sustainable growth. At MIDF, we remain committed to supporting businesses as they modernise their operations, strengthen their competitiveness and invest in the infrastructure and capabilities needed to capture future opportunities. We are pleased to support GAPIMA as it continues to expand its logistics capabilities and strengthen its presence across Malaysia.”

The RM13.4 million financing is provided under MIDF’s SFSAM-i, which supports eligible companies in modernising and upgrading their operations and capabilities, including the acquisition of commercial property.

Muhammad Taufiq bin Johari, Chief Executive Officer of GAPIMA Sdn Bhd, said “The acquisition of this new facility marks an important milestone in GAPIMA’s continued growth journey. As our operations and service capabilities expand, having the right infrastructure in place is increasingly important to support our customers and our people. This investment will strengthen our warehousing and logistics capabilities, improve operational efficiency and provide us with additional capacity as we continue to grow. We are incredibly grateful to MIDF for believing in our vision and helping us to take this next big step”

The new facility will complement GAPIMA’s nationwide network while strengthening its warehousing and operational capabilities. The investment supports the company’s continued growth as an end-to-end logistics provider, with expertise spanning oil and gas, infrastructure cargo, freight forwarding, warehousing and multimodal transportation.

About MBSB Berhad

MBSB Berhad (MBSB) is a dynamic financial services group with a longstanding role in supporting the nation’s financial system and economic development. MBSB is the holding company of MBSB Bank Berhad, MBSB Investment Bank Berhad, and Malaysian Industrial Development Finance Berhad (MIDF). MBSB Bank Berhad is a progressive Islamic bank offering comprehensive Shariah-compliant banking solutions to retail, SME, and corporate customers, with a strong emphasis on innovation and sustainable financing. MBSB Investment Bank Berhad serves as the Group’s investment banking and capital markets arm, providing advisory, research, equity brokerage, and capital markets services. MIDF plays a pivotal role in supporting business and industrial development through development finance, nurturing a resilient and thriving SME ecosystem.

SOURCE: MBSB Berhad (MBSB)

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Norsiah Juriani Johari
Group Head
Group Communications & Marketing Department
Group Corporate Strategy
Tel: +6012 900 1907
Email: norsiah.johari@mbsb.com

Name: Arna Farisa Binti Mohamad Isa
Senior Manager
Group Communications & Marketing Department
Group Corporate Strategy
Tel: +6013 394 2590
Email: arna.farisa@mbsb.com

--BERNAMA

Infineon Melaka entrusts CIMB with payroll banking for more than 10,000 employees

(From left) Florian Franz Herrmann, Vice President & Chief Financial Officer, Infineon Technologies (M) Sdn. Bhd., Eng Seng Meng, Senior Vice President & Managing Director, Infineon Technologies (M) Sdn. Bhd., Gurdip Singh Sidhu, Chief Executive Officer of CIMB Malaysia and CIMB Bank Berhad and Daniel Cheong, Head of Consumer Banking Malaysia, CIMB at the signing ceremony of the Payroll Collaboration between Infineon Technologies (M) Sdn. Bhd. and CIMB.

KUALA LUMPUR, Aug 20 (Bernama) -- CIMB Bank Berhad (“CIMB” or “the Bank”) has successfully onboarded Infineon Technologies (M) Sdn. Bhd. Melaka (“Infineon Melaka”) employees onto the CIMB@Work payroll banking solution. This milestone marks one of CIMB@Work’s largest payroll onboarding initiatives and underscores the strong collaboration between both organisations in delivering a seamless payroll transition and employee onboarding experience.

Through the collaboration, Infineon Melaka employees now have access to the broader CIMB@Work proposition, which offers a convenient salary banking experience alongside selected preferential privileges, lower entry requirements for selected CIMB credit cards and preferential rates on selected financing products.

Gurdip Singh Sidhu, Chief Executive Officer of CIMB Malaysia and CIMB Bank Berhad said, “This collaboration reflects our capability to deliver innovative large-scale payroll banking services that help organisations foster inclusivity within their workforce, in line with CIMB’s brand promise of Moving You Forward. Through the seamless, structured and scalable CIMB@Work solution, employees are able to access a broad ecosystem of banking, financing, protection and wealth management that holistically support their financial well-being at every stage of life.”

Eng Seng Meng, Senior Vice President & Managing Director of Infineon Melaka said, “Entrusting CIMB with the payroll banking transition for more than 10,000 employees marks an important milestone in our partnership. We are pleased to collaborate with a trusted banking partner that has delivered a seamless implementation while ensuring our employees have access to a comprehensive suite of financial solutions and value-added banking benefits. This collaboration reflects our shared commitment to enhancing the employee experience through greater convenience and we look forward to strengthening our partnership in the years ahead.”

Payroll banking has become an increasingly important enabler of financial inclusion, and CIMB aspires to be a leading financial institution in this space, supporting employers and employees across the country. CIMB@Work delivers an integrated payroll banking proposition that combines convenience, protections as well as other relevant financial solutions, helping employees manage their financial needs with greater confidence. This reflects CIMB’s purpose of advancing customers and society by delivering practical, customer-centric banking solutions that create meaningful and lasting value.

Additional benefits for employees enrolled into the CIMB@Work include 20% cashback on tolls and transits, as well as 20% cashback on overseas spend with the CIMB Visa Debit Card. Other benefits include lower income requirement for applications to selected CIMB credit cards while there is also no income document requirement for selected CIMB credit cards and the Cash Plus Personal Loan (“CPL”). Preferential financing rates for CPL, and Term-Financing-i secured by Amanah Saham Berhad (“ASB”) are also available for CIMB@Work customers. Outward Foreign Telegraphic Transfers performed at CIMB branches will enjoy preferential foreign exchange rates, and employees can manage their salary, savings and bills anytime through the CIMB OCTO app.

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 RM81.6 billion as at 31 March 2026. 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 across ASEAN in Malaysia, Indonesia, Singapore, Thailand, Cambodia, Vietnam and the 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 545 branches and over 33,000 employees as at 31 March 2026. 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 91.45% shareholder of Bank CIMB Niaga in Indonesia, and 94.83% shareholder of CIMB Thai in Thailand.

SOURCE: CIMB Bank 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
 

XSOLLA, ACCELBYTE UNVEIL INTEGRATED GAME BACKEND, PAYMENT SOLUTIONS

Graphic: Xsolla

 
KUALA LUMPUR, Aug 20 (Bernama) -- Xsolla, a global video game commerce company, has introduced integrated backend solutions for game developers through a founding partnership with AccelByte, a fully managed extensible games backend platform.

Concurrently, Xsolla has opened a closed testing programme for a combined solution that pairs AccelByte Gaming Services (AGS) with Xsolla's global payments and monetisation tools.

Select developers can now apply for early access and help shape the integration ahead of its broader launch, according to Xsolla in a statement.

“Our first test partners will help us prove that a studio can stand up backend services and global payments together, without staffing separate teams for each, and get to market faster as a result,” said Xsolla President, Chris Hewish.

Meanwhile, AccelByte Chief Executive Officer and Technical Director, Junaili Lie said: “We are excited to partner with Xsolla, which shares our belief in making powerful technology accessible to studios of every size. By combining our technology and expertise, we can help studios launch faster, operate smarter, and reach players globally.”

Under the partnership, Xsolla brings AccelByte's backend services together with its payments and monetisation solutions in one integrated stack, shaped by direct input from studios shipping live games. This allows studios to avoid stitching separate solutions together on their own.

During the closed testing period, partner studios will help validate the feature set and modular implementation options. AccelByte's backend services, including player management and matchmaking, will be combined with Xsolla's payment, subscription, monetisation and identity services in an interoperable layer.

In addition, studios can stand up and operate live game services without building backend infrastructure in-house or staffing dedicated LiveOps teams, reducing time-to-market and accelerating iteration cycles.

Through Xsolla's global game payment platform, participating studios gain access to more than 1,000 payment methods across over 200 geographies, opening new revenue channels for games.

-- BERNAMA

JPG’S 2QFY2026 REVENUE RISES 16.6% AS INTEGRATED GROWTH STRATEGY ADVANCES

JOHOR BAHRU, Aug 19 (Bernama) -- Johor Plantations Group Berhad (JPG or the Group) recorded revenue of RM415.8 million for the second quarter ended 30 June 2026 (2QFY2026), representing a 16.6% increase from the preceding quarter. The improvement was supported by higher fresh fruit bunch (FFB) processing volumes and increased external crop contribution.

Internal FFB production rose by 5.2% quarter-on-quarter, while external FFB intake increased by 28.4% as the Group optimised its available milling capacity following the seasonally softer first quarter. Total FFB processed was consequently 13.0% higher. The Group also benefited from favourable commodity prices, with average selling prices for crude palm oil (CPO) and palm kernel (PK) rising by 9.0% and 10.1% quarter-on-quarter, respectively.

For the six months ended 30 June 2026 (1HFY2026), the Group recorded revenue of RM772.5 million, representing growth of 4.6% compared with the corresponding period last year, while Profit After Tax (PAT) stood at RM101.6 million.

In line with the Group’s performance, the Board declared a second interim dividend of 1.10 sen per share for FY2026, reaffirming JPG’s commitment to delivering sustainable returns to shareholders.

JPG further widened its external certified crop-sourcing network through the Smallholder Inclusion Programme (SIP), which now brings together 390 RSPO-certified smallholders. The programme supports crop availability while advancing JPG’s long-term sustainable sourcing and social inclusion objectives, enabling greater participation by independent smallholders in the sustainable palm oil supply chain. It also enhances sourcing flexibility and mill utilisation, reinforcing JPG’s broader ecosystem approach to value creation.

The Group continues to focus on enhancing its upstream fundamentals through accelerated replanting, deployment of superior planting materials and ongoing estate improvement initiatives. These efforts are aimed at enhancing long-term crop resilience and supporting sustainable productivity growth over time.

“While crop production remains influenced by biological and seasonal factors, we continue to strengthen the foundations of the business through disciplined estate management, accelerated replanting, expansion of our external crop ecosystem and the ongoing development of Integrated Sustainable Palm Oil Complex (iSPOC). These initiatives reinforce our integrated value chain strategy and position JPG for sustainable long-term value creation,” said Mohd Faris Adli Shukery, Managing Director of JPG.

Phase 1 of iSPOC entered the commissioning phase in 3Q2026 and remains on track for commercial operations by year-end 2026, marking an important milestone in JPG’s downstream expansion and integrated growth strategy.

About Johor Plantations Group Berhad

Johor Plantations Group Berhad (JPG) is a Malaysian palm oil producer transforming into a nextgeneration integrated palm oil business. JPG is principally involved in the cultivation of oil palm and the production of crude palm oil (CPO) and palm kernels (PK). Its core operations focus on owning, managing, and harvesting fresh fruit bunches (FFB) from estates located primarily in the state of Johor. JPG’s subsidiaries support its upstream activities through the production of biomethane, sales of oil palm seedlings, trading of palm oil products, and the supply of agricultural machinery, plantation-related products, training, and safety services.

JPG was listed on the Main Market of Bursa Malaysia on 9 July 2024 with ultimate shareholding by Johor Corporation (JCorp). All of the Group's estates are fully certified under both the Roundtable on Sustainable Palm Oil (RSPO) and Malaysian Sustainable Palm Oil (MSPO) standards, and JPG is a constituent of the FTSE4Good Bursa Malaysia Index.

JPG's growth strategy is built on two pillars under its 10-year roadmap to 2033: Greenutrition, the production of sustainable oils and fats, and Greenergy, the generation of bioenergy from renewable and sustainable resources. Its flagship Integrated Sustainable Palm Oil Complex (iSPOC) Phase 1, which entered the commissioning phase in 3QFY2026, will advance a circular economy model powered entirely by renewable energy generated from palm oil mill by-products. Integrating a specialty oils and fats refinery, palm oil mill, palm kernel crushing plant, animal feed mill and bioenergy power plant, iSPOC will mark the Group's entry into the downstream value chain.

For more information, please visit www.johorplantations.com

SOURCE: Johor Plantations Group Berhad (JPG)

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Alya Kausar Shaharudin
Head, Sustainability & Communications
Tel: 07-363 2000
Email: alya@johorplantations.com

Name: Hamidah Ghazali
Deputy Manager, Sustainability & Communications
Tel: 07-363 2000
Email: hamida@johorplantations.com

--BERNAMA

TEMPLAFY LAUNCHES FREE AI AGENT FOR POWERPOINT PRESENTATIONS

KUALA LUMPUR, Aug 19 (Bernama) -- Templafy, the agentic document generation platform, has launched the Templafy Agent Add-In, a free artificial intelligence (AI) agent that enables users to create, edit and review presentations without leaving PowerPoint.

Available to download from Microsoft Marketplace and free for individual PowerPoint users, the add-in brings document agents directly into the presentation workflow, enabling both the creation of new presentations and editing tasks.

According to Templafy, users can ask the agent to create new slides, rewrite or translate a presentation, fix formatting, add editable charts and tables, as well as review content, through a conversational interface before it is shared.

“By bringing agents directly into PowerPoint, we are extending AI from creation into iteration, so users can keep working with the agent as their presentation evolves, inside the workflow they already know.

“When connected to Templafy, this becomes even more powerful as the agent is grounded in company knowledge and governed centrally, bringing the speed of AI together with the context and control enterprises need,” said Templafy Chief Product Officer, Oskar Konstantyner in a statement.

Templafy customers can connect the agent to approved company content and context, including templates and layouts, content libraries, brand rules, product information and business data. This enables teams to use AI while drawing on information and content their organisation already trusts.

Meanwhile, for enterprises, this can mean less time spent searching for the right slide, checking the latest messaging or correcting branding and formatting at the end of the process.

Templafy said Microsoft 365 administrators can also deploy the add-in to relevant users or groups across the organisation, in addition to centrally distributing rules governing AI document creation, reducing the need for complex prompting or configuration by individual users.

-- BERNAMA

XSOLLA ADDS OVER 15 PAYMENT METHODS TO EXPAND GLOBAL REACH

 

Graphic: Xsolla

KUALA LUMPUR, Aug 18 (Bernama) -- Xsolla, a global video game commerce company, has added more than 15 new payment methods to Xsolla Payments ahead of Gamescom 2026, spanning Asia and Oceania; Europe, the Middle East, and Africa (EMEA); and the Americas.

“Players in these markets are ready to spend. They just need to pay the way they already pay everywhere else. Every method we add is one more market where a developer can capture a sale they would have lost at checkout,” said Xsolla President, Chris Hewish.

Xsolla in a statement said game developers and publishers can now accept the local payment methods players already use across markets from Indonesia and the Philippines to Germany, France, and the United States, without additional integration.

According to Xsolla, the shift towards local payment methods is reshaping the digital payments landscape well beyond emerging markets. Across Europe, banks and regulators are building account-to-account and instant-payment alternatives to international cards, while the demand for local and instant payment options is growing worldwide.

Merchants that add a market’s top payment methods alongside cards have seen sales grow by up to 35 per cent, based on Xsolla data. Integrating more than 15 new methods helps developers capture previously unreachable revenue and reduce checkout abandonment, while allowing studios to expand their global reach without additional development complexity.

In Asia and Oceania, new methods include Mandiri in Indonesia, ShopeePay in the Philippines, LINE Pay in Taiwan, Octopus in Hong Kong, 7/11 (Konbini) in Japan and Zip Co in Australia. China UnionPay also expands its coverage into new regions and adds 35 local currencies.

Meanwhile, in EMEA, developers gain Wero in Germany and Belgium; Pay by Bank in Romania and Bulgaria; FLOA Pay, a buy-now, pay-later option in France; Bancomat Pay and MyBank in Italy; IRIS Commerce in Greece; and CliQ in Jordan.

In the United States (US), Aeropay brings Pay by Bank to Xsolla Payments, allowing players to pay directly from their bank accounts, one of the fastest-growing ways US consumers pay online.

The new methods are delivered through the existing Xsolla Payments integration, so developers already using the platform can enable options relevant to their markets without additional development work.

-- BERNAMA

HDC Strengthens Malaysia’s Halal Ecosystem by Facilitating Strategic Industry Linkages for International Market Entry

PETALING JAYA, Aug 17 (Bernama) -- The Halal Development Corporation Berhad (HDC), an agency under the Ministry of Investment, Trade and Industry (MITI), continues to reinforce its role as the central agency in driving Malaysia’s halal industry development by facilitating strategic industry linkages that enhance market access and strengthen the national halal ecosystem.

As part of its ongoing efforts to advance Malaysia’s position as a global halal hub, HDC has successfully coordinated a targeted business matching initiative connecting Malaysian halal-certified suppliers with an international food and beverage brand, Owh My Duck (OMD), which is set to commence operations at Ombak KLCC in August 2026.

This initiative shows HDC’s mandate to develop a robust, inclusive and globally competitive halal value chain, ensuring that foreign market entrants are seamlessly integrated into Malaysia’s well-regulated halal ecosystem while creating tangible opportunities for domestic industry players, as prescribed in the Halal Industry Master Plan 2030.

An expansion of a Jakarta-based restaurant brand, OMD is entering the Malaysian market with a commitment to obtain Malaysia Halal Certification within its initial phase of operations. In supporting this process, HDC worked closely with relevant stakeholders, including Hartaniaga Capital Berhad and UOB Malaysia to ensure that sourcing requirements are aligned with Malaysia’s halal standards and ecosystem capabilities.

Through HDC’s facilitation, local halal-certified companies have been successfully identified to meet OMD’s operational needs, enabling the sourcing of a comprehensive range of halal-certified products and services from Malaysian suppliers.

In line with its data-driven approach, HDC leveraged its Halal Integrated Platform (HIP), a centralised industry database, to identify qualified suppliers and coordinate participation in the sourcing programme held recently at UOB Plaza 1, Kuala Lumpur. The programme recorded strong participation, with 204 Malaysian companies demonstrating readiness and capability to support international supply chain requirements.

This structured engagement shows the depth and maturity of Malaysia’s halal industry, spanning key segments such as fresh produce, poultry, dry goods, and value-added food products, further supporting the country’s capacity to support global halal businesses.

HDC Interim Chief Executive Officer, Hanisofian Alias said, “HDC’s role is to ensure that Malaysia’s halal ecosystem remains integrated, competitive and responsive to global market needs. Through platforms such as HIP, we can systematically connect international demand with domestic capabilities, ensuring that Malaysian halal industry players are positioned to benefit from global market opportunities.”

"Facilitating cross-border expansion requires a reliable and compliant network, and Malaysia's halal ecosystem provided exactly that," stated Dr. Shahril Nizam, CEO of Hartaniaga Capital Berhad. "Our strategic collaboration with HDC and UOB Malaysia has significantly expedited and simplified the entire facilitation process, making it much easier and faster to achieve our objectives. By partnering with them to match OMD with local suppliers and central kitchens, we have ensured OMD's seamless entry into Malaysia while creating a win-win scenario that perfectly balances international expansion with local market empowerment."

To further strengthen industry readiness, HDC also collaborated with UOB Malaysia under its Go Halal program, launched in October 2025, to support participating SMEs through capacity-building initiatives, advisory support and access to tailored financial solutions, enabling them to scale and meet international business requirements. This collaborative approach is a whole-of-ecosystem effort to enhance the competitiveness and resilience of Malaysian halal enterprises.

The initiative demonstrates Malaysia’s continued leadership as a premier halal hub, where strong governance, established standards and coordinated industry development efforts create a conducive environment for both local and international stakeholders.

ABOUT HALAL DEVELOPMENT CORPORATION BERHAD (HDC)
HDC spearheads the development of Malaysia's integrated and comprehensive halal ecosystem and infrastructure to position Malaysia as the most competitive country leading the global halal industry. Established on 18 September 2006, HDC is also known as the central coordinator that promotes participation and facilitates the growth of industry players in the development of Malaysia’s Halal ecosystem and The Secretariat of Majlis Pembangunan Industri Halal Malaysia. An agency under the Ministry of Investment, Trade and Industry (MITI); it is the world’s first Government-backed halal industry development corporation. For more information, please visit HDC at - www.hdcglobal.com.

SOURCE: Halal Development Corporation Berhad (HDC)

FOR MORE INFORMATION, PLEASE CONTACT:
HDC PR & Media
Name: Norsida Ahmad
Tel: +6012 3249703
Email norsida.ahmad@hdcglobal.com

--BERNAMA

MoN Takanawa: The Museum of Narratives Launches New Season “Sound as Culture” Starting October 1

The season features two flagship programs: Animmersive Live: LAYRA inspired by BELLE and Feel the Sound.

- MoN Takanawa features a groundbreaking Animmersive ("anime" and "immersive") Live performance and a flagship exhibition co-produced with the Barbican Centre, providing multisensory experiences in Tokyo.

TOKYO, Aug 13 (Bernama-BUSINESS WIRE) -- MoN Takanawa: The Museum of Narratives, a new cultural hub within TAKANAWA GATEWAY CITY, will launch its new season on Thursday, October 1, under the theme “Sound as Culture.” The season will be defined by two flagship programs: “Animmersive Live: LAYRA inspired by BELLE” and the immersive exhibition “Feel the Sound. ”

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20260809989094/en/
 

 

Season Theme: “Sound as Culture”

The new season theme, “Sound as Culture” explores sound as a force that connects people and generates new cultural expressions. Through experimental programs where music, art, and technology intersect, MoN Takanawa invites visitors to immerse themselves in sound.

Two Flagship Programs

“Animmersive Live: LAYRA inspired by BELLE”
October 10 – November 15, 2026 | Box1000
Organized by: MoN Takanawa: The Museum of Narratives / The Production Committee for the Animmersive Live “LAYRA inspired by BELLE”
Support: Studio Chizu-LLP

Based on acclaimed animated film BELLE, by director Mamoru Hosoda (Mirai, Summer Wars), this “Animmersive Live” program blends animation, music, and internet culture into a new form of performance. Set five years after the film’s story, “Hiro-chan”—the producer behind the iconic singer Belle—returns to create a new diva within the vast virtual world of U. MoN Takanawa recreates the universe through an immersive environment where creators from across entertainment and digital culture fuse advanced visual, acoustic, and spatial technologies.

Exhibition “Feel the Sound”
Late November 2026 – Late March 2027 | Box1500
Hosted by MoN Takanawa: The Museum of Narratives
Exhibition curated and organised by Barbican Centre, co-produced by MoN Takanawa: The Museum of Narratives
Support: British Council

MoN Takanawa: The Museum of Narratives, in co-production with Barbican Centre (London, UK), will present Feel the Sound, an immersive exhibition that captivated audiences at the Barbican Centre in London. Through a diverse range of installations that bring together sound, vibration, music, and technology, the exhibition invites visitors to experience sound in entirely new ways—engaging not only the sense of hearing but the whole body through a rich, multisensory journey.

Additional Season Programs

The season will also feature an international music and audiovisual festival, experimental DJ performances, Japan’s ancient gagaku concerts, theatrical works, and hybrid programs that merge live performance with audiovisual experimentation.

About MoN Takanawa: The Museum of Narratives
https://montakanawa.jp/

Opened on March 28, 2026, within Tokyo's TAKANAWA GATEWAY CITY, MoN Takanawa is an experimental museum dedicated to "Transporting culture for the next hundred years." Operated by the East Japan Railway Foundation for Cultural Innovations, it hosts cross-disciplinary programs spanning arts, technology, and science. The greenery-wrapped spiral exterior was designed by KENGO KUMA & ASSOCIATES.

View source version on businesswire.com:
https://www.businesswire.com/news/home/20260809989094/en/ 

Contact

East Japan Railway Foundation for Cultural Innovations: press@montakanawa.jp 

Source : MoN Takanawa: The Museum of Narratives 

--BERNAMA 

IHERB MARKS 30TH ANNIVERSARY WITH GLOBAL SALE, PLATFORM EXPANSION

KUALA LUMPUR, Aug 13 (Bernama) -- iHerb, a global eCommerce retailer of vitamins, minerals, supplements and health and wellness products, is celebrating its 30th anniversary with its biggest sales event of the year and the addition of 10 newly supported languages to its shopping platform.

In a statement, the company said the milestone comes as it serves well over 16 million customers across approximately 180 countries, reflecting growing consumer interest in proactive health and wellness.

The anniversary promotions will begin on Aug 19 ahead of the company's September anniversary, offering discounts of up to 30 per cent across more than 600 brands, alongside daily flash deals and other customer rewards.

iHerb Chief Executive Officer, Emun Zabihi said the company's 30-year milestone reflects the growth of its customers and team members, adding that it remains focused on improving the customer experience and investing in trust, access and convenience.

The platform's newly supported languages include European Spanish, European Portuguese, Georgian, Bosnian, Azerbaijani, Kazakh, Armenian, Farsi, Hindi and Cantonese, bringing its total language offerings to 46.

iHerb said each language experience is localised to enable customers across the Americas, Europe, the Middle East and Asia to browse products and complete purchases in their preferred language.

Founded in 1996, iHerb has grown from selling its first supplement online from an apartment in Pasadena, California, into a global direct-to-consumer wellness platform, supported by a logistics network of climate-controlled and GMP and/or ISO-compliant facilities.

-- BERNAMA

Space42, Leonardo DRS Ink MoU To Advance UAE National Security Systems

KUALA LUMPUR, Aug 12 (Bernama) -- Space42, the United Arab Emirates (UAE)-based artificial intelligence (AI)-powered SpaceTech company has signed a memorandum of understanding with Leonardo DRS to explore integrated sovereign national security capabilities for the UAE.

Space42 in a statement said the agreement establishes a framework to integrate Leonardo DRS mission systems with its secure satellite connectivity, combining C5ISR mission systems with AI-enabled satellite communications and Beyond Line of Sight (BLOS) connectivity to strengthen secure communications, situational awareness and operational resilience.

“By combining our sovereign satellite infrastructure and AI-enabled communications capabilities with Leonardo DRS’s advanced mission systems, we are strengthening protected communications that advance the UAE’s national security ecosystem,” said Space42 Chief Commercial Officer – Government, Ahmed AlMehrzi.

Meanwhile, Leonardo DRS Senior Vice President and General Manager of Land Electronics business unit, Denny Crumley said the MoU represents a significant step in supporting UAE national security priorities with integrated capabilities designed to enable mission success in an evolving threat landscape.

As national security operations become increasingly complex and interconnected, the partnership brings together Leonardo DRS’s expertise in developing and integrating rugged, high-performance C5ISR technologies and mission-critical vehicle electronics with Space42’s sovereign satellite communications and space services.

Space42’s satellite services extend secure connectivity beyond terrestrial networks, supporting informed decision-making and operational resilience, while Leonardo DRS provides advanced mission management systems, network computing and vehicle integration capabilities for the United States military and allied forces worldwide.

Leonardo DRS also provides tactical computing, smart displays, AI-enabled processing and integrated C4/C5/C6ISR solutions designed to deliver real-time situational awareness in complex security environments.

Space42, formed in 2024 through the merger of Bayanat and Yahsat, serves governments, enterprises and communities globally, addressing their evolving needs through its Space Services and Smart Solutions businesses.

-- BERNAMA

IFCCI Recognised by ASEAN Records and Asia Records for Advancing Professional Financial Education Through Applied Research

IFCCI receives recognition from ASEAN Records and Asia Records for its contribution to professional financial education through applied financial market research, reinforcing its commitment to advancing professional standards, research excellence and financial competency across the region.

KUALA LUMPUR, Aug 12 (Bernama) -- The International Financial Consultant Certified Institute (IFCCI) has been recognised by ASEAN Records and Asia Records for its outstanding contribution to professional financial education through applied financial market research. The recognition follows the documented achievement of IFCCI’s Education and Research Unit 001 in producing verified annual research with a cumulative documented research value exceeding USD50 million. ASEAN Records and Asia Records Honour IFCCI for Outstanding Financial Market Research Achievement.

The recognition places IFCCI among professional institutions acknowledged for making measurable contributions towards education, applied research, competency development and industry advancement across the ASEAN and Asian regions.

As financial markets continue to evolve under the influence of global economic developments, technological innovation and changing regulatory environments, evidence-based research has become increasingly important in supporting responsible financial education and professional competency development. Recognising this need, IFCCI has continued to strengthen applied research as one of the core pillars of its professional education ecosystem.

According to IFCCI, quality financial education should be supported by credible research, objective analysis and practical application. The institute believes that combining education with structured research helps develop professionals who are capable of making informed, ethical and responsible financial decisions while contributing positively to the financial services industry.

The recognised research was conducted by Trading Castle, IFCCI’s designated Education and Research Unit 001, which supports the institute’s professional education, competency assessment, curriculum development and continuous professional learning initiatives.

Beyond recognising research excellence, the ASEAN Records and Asia Records acknowledgement reflects the growing importance of evidence-based financial education and demonstrates how independent professional institutions can contribute towards raising industry standards through structured research, competency development and responsible knowledge sharing.

IFCCI reaffirmed its commitment to maintaining internationally recognised standards while continuously enhancing the quality of its educational programmes, applied research, competency frameworks and industry collaboration initiatives. The institute also plans to further strengthen collaboration with academics, market practitioners and industry experts, while expanding professional certification programmes, research publications and regional knowledge-sharing initiatives.

The institute believes the recognition serves as an important milestone in its long-term mission of advancing financial education, strengthening professional competency and promoting greater transparency, professionalism and public confidence within the financial services industry.

With a continued focus on measurable impact, international collaboration and lifelong professional learning, IFCCI remains committed to contributing towards a more trusted, responsible and sustainable financial ecosystem across ASEAN and Asia.

SOURCE: International Financial Consultant Certified Institute (IFCCI)

FOR MORE INFORMATION, PLEASE CONTACT:
IFCCI
Tel: 03-78905451 (Office) / 012-2307618 (Mobile)
Email: hello@ifcci.org.my
Website: https://www.ifcci.org.my/
https://www.ifccinstitute.org.my/

--BERNAMA 

Axi Select Hosts Exclusive Madrid Gathering for Pro M Traders and Axi Leadership

SYDNEY, Aug 11 (Bernama-GLOBE NEWSWIRE) -- Ten of Axi Select’s $1M funded Pro M traders gathered in Madrid this July for an exclusive experience that brought together achievement, mentorship and meaningful dialogue with Axi’s executive leadership.

Having reached the prestigious Pro M tier (the highest level within Axi Select’s capital allocation programme), the traders travelled from across the globe to take part in an invitation-only event designed to recognise their success and strengthen the relationship between Axi and its top-performing trading talent.

Rather than a traditional conference or awards ceremony, the Madrid meet-up focused on genuine connection. At the heart of the programme were intimate fireside discussions, with Axi CEO Rajesh Yohannan and COO Gavin Ward, giving traders the opportunity to discuss their personal journeys, the realities of managing funded capital and the evolving demands of modern trading.

The discussions moved well beyond market strategies. Participants shared how trading with allocated capital differs psychologically from trading personal funds, the discipline required to remain consistently profitable, and the lessons learned while progressing through Axi Select’s funding milestones. The conversations became a genuine exchange of ideas, with Axi’s leadership hearing directly from the traders helping shape the future of funded trading.

Throughout the event, formal sessions were balanced with opportunities for informal conversation, including shared meals, one-to-one discussions, and social activities that allowed traders and executives to connect away from presentations and meeting rooms.

Rajesh Yohannan, Chief Executive Officer at Axi said:

“Spending time with the Pro M traders in Madrid reminded me that behind every funding milestone is a person who has put in years of discipline backed by enormous self-belief. Axi Select exists to back that kind of talent, and events like this keep us close to the people we’re building it for.”

Pro M Madrid Event Traders

• Sook Yen
• Francisco
• Alejandro
• Yoleny G
• Ramon
• Jaime
• Sergio
• Tomas
• Daniel
• Vincente

As Axi Select continues to expand globally, initiatives such as the Madrid meet-up demonstrate the company’s commitment to recognising excellence, creating opportunities for meaningful collaboration and putting traders at the centre of conversation.

About Axi

Axi is a global online trading provider offering access to forex, indices, commodities, and digital assets to clients in more than 100 countries. The company combines trading technology, education, and partnership initiatives to support trader development worldwide.

Media enquiries: mediaenquiries@axi.com

The Axi Select program is only available to clients of AxiTrader LLC. CFDs carry a high risk of investment loss. This content may not be available in your region. For more information, refer to Axi's Terms of Service. Standard trading fees and minimum deposit apply.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/97123a2a-bd9a-4d9c-b69d-8cf3e94eeed7

SOURCE: Axi Financial Services (UK) 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

MAVENIR APPOINTS JITIN BHANDARI AS EVP TO LEAD NEOCLOUD EXPANSION

KUALA LUMPUR, Aug 11 (Bernama) -- Mavenir has appointed Jitin Bhandari as Executive Vice President (EVP), NeoCloud Platform and Forward Deployment Engineering.

Mavenir in a statement said Bhandari will lead the company’s expansion into the growing NeoCloud market and establish a Forward Deployment Engineering practice serving its communications service provider and NeoCloud customer base.

He will report to the company’s President and Chief Executive Officer, Pardeep Kohli.

The appointment follows Mavenir’s recently announced AI-Integrated Platform and AI Service Assurance framework for communications service providers as the company extends its artificial intelligence (AI) platform, tools and cloud-native expertise to NeoCloud providers.

Kohli said Bhandari brings deep technical expertise, experience in scaling software portfolios and a vision for AI that will help the company expand its AI platform and capabilities into new markets and use cases.

Meanwhile, Bhandari said Mavenir is well positioned to lead the transition towards AI-by-design and agentic operations, adding that he looks forward to expanding the company’s AI platform, tools and Forward Deployment Engineering capabilities for communications service providers, NeoCloud providers and enterprises worldwide.

Bhandari joins Mavenir from Nokia, where he most recently served as Chief Technology Officer for Cloud and Network Services, overseeing technology strategy and innovation in cloud-native and AI-powered networking solutions.

He previously held executive positions at Nokia, including Chief Product Officer for Core Network Applications and Vice President and General Manager of Digital Networks. Earlier in his career, he held leadership roles at Oracle, Acme Packet and Alcatel-Lucent.

-- BERNAMA

SPACE42, AUTONOMOUS A2Z SIGN US$7 MLN AGREEMENT FOR UAE LEVEL-4 MOBILITY

KUALA LUMPUR, Aug 11 (Bernama) -- Space42, a United Arab Emirates (UAE)-based artificial intelligence (AI)-powered SpaceTech company, and South Korea’s Autonomous A2Z (A2Z) have signed a US$7 million commercial agreement to deploy Level-4 autonomous mobility solutions in the UAE. (US$1=RM4.09)

In a statement, the company said this is the first commercial agreement under the two companies’ broader partnership and is a direct supply contract separate from the joint venture announced in 2025 to support the long-term commercialisation of intelligent mobility solutions in the UAE.

The agreement combines A2Z’s Level-4 autonomous driving technology with Space42’s AI, geospatial and connectivity capabilities. For A2Z, the agreement marks a step in its international expansion, while Space42 said it advances its efforts to enable safe and reliable driverless vehicle operations at scale.

Space42 chief executive officer (CEO) of Smart Solutions, Hasan Al Hosani said autonomous mobility is critical infrastructure for smart city development and that the UAE has created conditions for its integration into everyday transport.

Meanwhile, A2Z CEO, Han Ji-hyung said the agreement demonstrates that autonomous driving technology developed and validated in South Korea is ready for international deployment.

Pilot robo-shuttle services using A2Z’s ‘ROii’, along with other modified and retrofitted autonomous vehicles, will undergo operational testing and demand assessment. The companies expect the rollout to expand into demand-responsive transport (DRT) and tourism shuttle operations.

The project aligns with the UAE’s broader efforts to advance AI-enabled transportation and intelligent mobility under its National Smart Mobility Strategy.

Space42 said its mobility portfolio includes TXAI, an autonomous taxi service that has travelled more than 600,000 kilometres (km) across 20,000 trips with zero recorded accidents since operations began in 2021.

A2Z has conducted autonomous driving trials across 13 cities and provinces in South Korea and operates 91 permitted autonomous vehicles with over 1.02 million km of cumulative driving experience. Commercial execution of the agreement was led by Autonomous to Global (A2G), A2Z’s Singapore-based joint venture with Kilsa Global.

-- BERNAMA

Tony Lin Appointed as CEO of Generali Life Insurance Malaysia Berhad

Generali Malaysia today announced the appointment of Tony Lin as Chief Executive Officer of Generali Life Insurance Malaysia Berhad.

KUALA LUMPUR, Aug 10 (Bernama) -- Generali Malaysia today announced the appointment of Tony Lin as Chief Executive Officer of Generali Life Insurance Malaysia Berhad.

The appointment follows a period in which Tony served as Officer-in-Charge of the life insurance business, having stepped into the interim role after the departure of former CEO Soo Wai Har. During his tenure as the Officer-in-Charge, he provided steady leadership and continuity for the life insurance business, ensuring the company remained focused on its strategic priorities and commitments to policyholders.

In his new role, Tony will report to Fabrice Benard, CEO of Generali Insurance Malaysia Berhad and Country Head of Generali Entities in Malaysia and will be responsible for driving the life insurance business’s growth agenda, operational excellence, customer-centric innovation.

“Congratulations to Tony on his appointment as the Chief Executive Officer of Generali Life Insurance Malaysia Berhad. Tony has demonstrated strong financial acumen and steady leadership during his time as Officer-in-Charge, and his deep understanding of our business gives us great confidence in this transition. I look forward to working closely with him as we continue to accelerate growth and deliver on our promise to be a Lifetime Partner to our customers,” said Fabrice Benard, CEO of Generali Insurance Malaysia Berhad and Country Head of Generali Entities in Malaysia.

Tony joined Generali Life Insurance Malaysia Berhad in February 2024 as Chief Financial Officer, bringing with him over 25 years of experience in the financial services industry across insurance and takaful. Prior to that, he served as Chief Financial Officer of Hong Leong MSIG Takaful from October 2018 to February 2024. He has also held senior finance and audit roles in various domestic and multinational life insurance companies in Malaysia.

Tony's appointment reflects Generali Malaysia's commitment to strong internal leadership succession and continued focus on delivering sustainable growth for its life insurance business.

SOURCE: Generali Insurance Malaysia Berhad

FOR MORE INFORMATION, PLEASE CONTACT:
Media Relations
Name: Sheena Ho
Email: sheena.ho@generali.com.my

Name: Samantha David
Email: samantha.david@generali.com.my

--BERNAMA

BASF PETRONAS Chemicals Welcomes More Than 1,500 Visitors at Open Day & Global Safety Days 2026

The official launch of Open Day & Global Safety Days 2026 was commemorated with a tree-planting ceremony, symbolising the growth of a strong safety culture and sustainable future.

KUANTAN, Malaysia, Aug 10 (Bernama) -- BASF PETRONAS Chemicals (BPC) successfully hosted its Open Day & Global Safety Days 2026 at the Kuantan Verbund Site, bringing together more than 1,500 visitors comprising employees and their families, government representatives, local authorities, industry partners, community members, and other key stakeholders.

Held under the theme "Jejak Kimia Di Desa Halaman: Think Safe, Act Safe, Win Together", the event underscored BPC's commitment to strengthening its safety culture, fostering transparency, and building meaningful relationships with stakeholders and the local community.

The event was officially inaugurated by YBrs. Tuan Ahmad Fauzi bin Awang, Pengarah Jabatan Keselamatan dan Kesihatan Pekerjaan (JKKP) Pahang, demonstrating the strong partnership between industry and regulators in advancing workplace safety excellence.

Among the key invitees were representatives from Majlis Bandaraya Kuantan (MBK), government agencies, industry partners, community leaders, educational institutions, and neighbouring communities, reflecting the broad stakeholder ecosystem that contributes to the company's long-term success.

Combining BPC's annual Global Safety Days celebration with its Open Day programme, the event provided visitors with a unique opportunity to gain deeper insights into the company's operations, safety standards, sustainability initiatives, and contributions to the economic and social development of the region.

The kampung-inspired "Desa Halaman" concept created a welcoming and inclusive environment that resonated with visitors of all ages. Throughout the day, participants enjoyed a variety of educational, interactive, and family-oriented activities designed to promote safety awareness while strengthening community connections.

Event Highlights

• Guided plant bus tours offering firsthand insights into BPC's operations and safety practices.

• Process and technology exhibitions showcasing BPC's manufacturing capabilities, products, and innovations.

• Hands-on STEM and Kids Lab activities aimed at inspiring young minds through science and engineering.

• ESG and sustainability showcases demonstrating BPC's commitment to responsible business practices.

• Global Safety Days exhibitions promoting safety awareness through showcases by government agencies and industry partners.

• Emergency response and safety demonstrations highlighting preparedness and operational excellence.

• Traditional games, cultural activities, food stalls, and family-friendly attractions that encouraged employee engagement and community bonding.

Speaking at the event, Tan Aik Meam, Managing Director of BASF PETRONAS Chemicals, said: "Events like Open Day and Global Safety Days allow us to engage openly with our stakeholders, reinforce our unwavering commitment to safety through interactive learning and meaningful experiences, and showcase how Chemistry Drives Sustainability through the work we do every day."

The event highlighted how Chemistry Drives Sustainability at BASF PETRONAS Chemicals through innovation, responsible operations, and community engagement. It also reaffirmed the company's commitment to safety, transparency, and meaningful stakeholder partnerships. As BPC looks to the future, it will continue fostering collaboration with employees, regulators, industry partners, and local communities to create lasting value through safe, sustainable, and responsible growth.

About BASF PETRONAS Chemicals Sdn. Bhd.
BASF PETRONAS Chemicals Sdn. Bhd. is a Malaysia-based joint venture between BASF and PETRONAS Chemicals Group Berhad (PCG) a subsidiary of Petroliam Nasional Berhad (PETRONAS), Malaysia’s fully integrated oil and gas multinational. Incorporated in 1997, the company operates an integrated Verbund site situated in the Gebeng Industrial Zone, Kuantan, Pahang. The company’s share capital is 60% held by BASF and 40% held by PCG. Key products include acrylic monomers, oxo products, 2-ethylhexanoic acid, highly reactive polyisobutene and aroma ingredients.

For more information, visit our website www.basf-petronas.com.my.

SOURCE: BASF PETRONAS Chemicals Sdn. Bhd. ​

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Sow Kheng Lee
Tel: +60 9585 5035 / +60 12 983 0250
Email: sowkheng.lee@basf-petronas.com.my

--BERNAMA

AM BEST: RECORD REINSURANCE CAPITAL TESTS UNDERWRITING DISCIPLINE

 

KUALA LUMPUR, Aug 10 (Bernama) -- Global reinsurers are facing increased pressure on pricing as strong earnings since 2023 have driven capital to record levels, raising questions over whether underwriting discipline can be maintained amid growing competition, according to a new report by AM Best.

The Best’s Market Segment Report, titled “Global Reinsurance at an Inflection Point: Can Discipline Survive the Temptation of Record Capital?”, stated that the global non-life reinsurance segment continues to benefit from strong capitalisation, favourable earnings generation and supportive market conditions.

However, growing competition is putting pressure on reinsurance pricing, particularly in property lines. Unlike previous hard markets, capital has largely accumulated within existing organisations rather than through a wave of new entrants, giving reinsurers multiple opportunities to deploy capital.

According to the report, casualty reinsurance is also emerging as an important strategic concern, with some reinsurers pursuing growth opportunities supported by enhanced rates, while others remain cautious amid uncertainty surrounding social inflation, litigation funding, larger jury awards and adverse legal environments.

“Casualty exposures often develop over many years, meaning that decisions being made today may not be fully understood until well into the next decade,” said AM Best director, Dan Hofmeister in a statement.

AM Best expects the non-life reinsurance market to maintain favourable earnings profiles barring an outsized catastrophe event, but says the ability to preserve underwriting discipline and pricing integrity amid record capital will be critical to sustaining recent profitability.

The report also noted that reinsurance renewal trends intensified during the April and midyear renewals, with United States (US) property catastrophe placements, led by Florida, recording widely estimated reductions of 15 per cent to 20 per cent.

Meanwhile, US and Bermuda reinsurers have improved their combined ratios to the mid-80s to low-90s range under US generally accepted accounting principles (GAAP) from an underwriting loss position in 2020.

Artificial intelligence (AI) is also increasingly expected to become a differentiating factor for reinsurers that successfully integrate the technology, although limited and inconsistent data can constrain model effectiveness while increasing exposure to cyber and systemic risks.

-- BERNAMA