Wednesday, April 5, 2023

ENTER THE BLACK DRAGON: WEMADE MIR4 UNLOCKS MYSTERIOUS ‘TOWER OF BLACK DRAGON’ 4TH FLOOR

MIR4 reveals the 4th floor of the ‘Tower of Black Dragon’ on April 4th (Graphic: Wemade)

KUALA LUMPUR, April 5 (Bernama) -- Wemade Co Ltd announced its blockbuster massively multiplayer online role-playing game (MMORPG) MIR4 has updated the fourth floor of the Tower of Black Dragon on April 4.

According to the South Korean online game developer in a statement, the fourth floor of the Tower of Black Dragon is available to characters of level 135 or higher.

These characters can enter the fourth floor once a day through the Domination Server, which opens three times a day whereby users can gain lots of EXP by fighting even more powerful field bosses and monsters up to level 180.

In addition, the Dragon Forge system has been added allowing users to increase the stats of Tier 4 Legendary equipment.

Equipment can be forged up to stage 7 using resources and “Legendary Dragon Material”, “Legendary Dragon Sphere”, “Legendary White Dragon Essence”, and “Legendary Black Dragon Essence”.

A new Epic Forest Spirit named "Dark Assassin Zakhan", has been introduced. Characters with Dark Assassin Zakhan can increase their spell attack damage, whereby the spirit provides various skills helpful in battles and adventures.

-- BERNAMA


 

MALAYSIA GLOBAL BUSINESS FORUM IDENTIFIED KEY AREAS OF GROWTH FOR THE MALAYSIAN DIGITAL ECONOMY

Panellists speaking during the moderated discussion on 'Addressing Cyber Threats to Develop an Investor-Friendly Country' at the recent Malaysia Global Business Forum (MGBF) held in Kuala Lumpur themed 'Designing the Future of the Digital Economy'. From left: Vicks Kanagasingam, Chief Executive Officer of Censof Digital Sdn Bhd; Shin Mei Lee, Head of Enterprise Business for Google Cloud; Murugason R. Thangaratnam, Chief Executive Officer of Novem CS Sdn Bhd; and Ruzanna Muhammad, Editor-at-Large for News Hub Asia. | Photo by Malaysia Global Business Forum (MGBF)

KUALA LUMPUR, April 4 (Bernama) -- The Malaysia Global Business Forum (MGBF) recently held a high-level roundtable themed ‘Designing the Future of the Digital Economy’, attended by industry leaders and business associations. The guest of honour was Yang Berhormat Syerleena Abdul Rashid, the Member of Parliament (MP) for Bukit Bendera in Penang.


The MP’s Special Session with YB Syerleena focused on understanding the intersection of the digital economy and the creative industry, and the way forward. Many consumers experience the digital economy through the efforts of creative content producers; as such, the interdependence of the digital economy and creative industries is a potential engine for economic growth and job creation in Malaysia.

Held at the Common Ground Damansara Heights in Kuala Lumpur, MGBF identified several key areas for growth in the Malaysian digital economy:

1. The need for a “Resilient Digital Infrastructure” which, in the near future, should include an integrated rollout of 5G communications that empower communication within industry supply chains. While enhanced by 5G, this new ecosystem must be able to withstand the vast majority of cyber-attacks.
2. The clear integration of Artificial Intelligence (AI) into daily work and models of productivity. This needs to include a rationalisation of which AI is used by the corporate sector and governments alike. Training and upskilling will ensure that humans will always remain relevant.
3. The need for greater amount of digital content production domestically to take advantage of an empowered ecosystem. This content needs to include entertainment, news and enhanced learning, which should include augmented reality.

Nordin Abdullah, the Founding Chairman of the Malaysia Global Business Forum, said, “As the digital economy evolves, the concept of sovereign risk, which was once limited to geographical and political concerns faced in a given jurisdiction, has become something that needs managing on the individual, corporate and government levels. Business leaders need to actively manage the cyberspace in which their supply chains operate. An inability to manage these threats and communicate to customers that they are managed, will lead to a loss of market share.”

MGBF Co-Chairman, Rizal Kamaruzzaman, said, “Malaysia has the opportunity to make a paradigm shift into the global digital economy, bringing with it high-paying jobs and business opportunities that will reinvigorate the Malaysian economy. Data-driven decisions that address the challenges of the community will be the innovations that attract the most capital and the requisite critical mass of consumers. The government should look for these kinds of companies to push on the regional and global markets.”

Nordin added, “Based on various reports, there is a shortage of two to four million cybersecurity workforce globally. In the Malaysian context, this equates to approximately 10,000 to 20,000 individuals required to make the business ecosystem sufficiently cyber resilient. On the strategic level, this does not mean that enough resources have been allocated to deal with targeted attacks on specific infrastructure or critical organisations.”

Speakers at the event include Haresh Deol, Deputy President of the National Press Club of Malaysia; Datin Faridah Iriani, Director of BDEC Malaysia; Chris Seto, Managing Director of Dataxet Malaysia Sdn Bhd; Murugason R. Thangaratnam, CEO of Novem CS Sdn Bhd; Shin Mei Lee, Head of Enterprise Business, Google Cloud; Vicks Kanagasingam, CEO of Censof Digital Sdn Bhd; Matthew Barsing, Chief Commercial Officer of EPS Consultants; Sheriza Zakaria, CEO of Big Dataworks Sdn Bhd; and Bobby Varanasi, Founder of Matryzel Consulting.

Gerard Ratnam, Producer and TV Host for Bernama TV, moderated the Member of Parliament’s Special Session with YB Syerleena. Moderators for the remaining panel sessions were MGBF’s Nordin Abdullah, TV Host for Bernama TV Jessy Chahal, and Ruzanna Muhammad, Editor-at-Large for News Hub Asia.

MGBF was established to empower stakeholders at the intersection of international and Malaysian business. Through government relations, business intelligence, advocacy, media engagement, market research, networking, advisory and business matching, MGBF will continue to explore threats and opportunities with industry leaders and policy makers to ensure that Malaysia becomes a leader in the context of Asia.

For more information, visit www.MalaysiaGlobalBusinessForum.com.

About Malaysia Global Business Forum
The Malaysia Global Business Forum (MGBF) was established to empower stakeholders at the intersection of international and Malaysian business. Through government relations, business intelligence, advocacy, media engagement, market research, networking, advisory and business matching, MGBF delivers results for individuals, corporations, trade and business associations, as well as national and state governments.

For more information visit www.MalaysiaGlobalBusinessForum.com.

SOURCE : Glenreagh Sdn Bhd

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Noorsyafikah Efa
PR and Communications
Glenreagh Sdn Bhd
Tel: +6011 2151 4756
Email: syafikahefa1@gmail.com /
admin@malaysiaglobalbusinessforum.com


--BERNAMA

CertiK Unveils Skynet for Community Web3 Ecosystem Platform

KUALA LUMPUR, April 4 (Bernama) -- CertiK, the blockchain security solutions provider has launched Skynet for Community, an all-in-one security, due diligence and insights platform for the Web3 ecosystem.

According to a statement, Skynet for Community empowers users, investors and community members to make informed decisions about Web3 projects by providing a comprehensive set of tools for research, analysis and monitoring.

“Skynet for Community is a revolutionary product that leverages CertiK's expertise in blockchain security to provide an independent, transparent and comprehensive evaluation of Web3 projects.

“We are excited to launch this product and offer the Web3 community a powerful tool that makes it easy to do your own research,” said CertiK co-founder and chief executive officer, Professor Ronghui Gu.

Skynet for Community’s rich data-driven insights help users to discover new projects, conduct due diligence on projects of interest, and keep up to date on the latest news and developments in the Web3 space.

The platform puts security front and centre, with the Security Leaderboard ranking projects according to their Security Score and market performance.

Skynet for Community evaluates the security of Web3 projects via both manual and automated measures, in which the platform covers the majority of all Web3 projects using transparent metrics, regardless of their relationship with CertiK.

The launch of Skynet for Community marks a new era of transparency and accountability for the Web3 world as it provides a comprehensive evaluation of projects' security in real-time.

With its uniquely comprehensive approach of combining manual and automated measures, CertiK's Security Score provides an independent lens through which all Web3 projects can be evaluated.

-- BERNAMA

Tuesday, April 4, 2023

QUANTEXA COMPLETES US$129 MLN SERIES E FUNDING ROUND SECURING UNICORN STATUS

KUALA LUMPUR, April 4 (Bernama) – Quantexa, a global leader in Decision Intelligence (DI) solutions for the public and private sectors, announced it has completed a US$129 million Series E funding round. (US$1= RM4.40)

According to Quantexa in a statement, the latest investment round secures the British tech company’s unicorn status with a valuation of US$1.8 billion. This new capital will ensure the company continues to grow its global presence and invest in its world-class engineering talent.

Quantexa Chief Executive Officer, Vishal Marria said: “After closing our Series D investment round, Quantexa has been on a transformational journey, accelerating the growth of our global software business and firmly establishing our leadership position in the emerging DI category.

“It is a real testament to our vision and trajectory to have such a significant contribution from our new investor, GIC and the majority of our Series D investors, in our latest round.”

The round was led by GIC, a global institutional investor, and existing investors also participated, including Warburg Pincus, Dawn Capital, British Patient Capital, Evolution Equity Partners, HSBC, BNY Mellon, ABN AMRO Ventures and AlbionVC.

This investment comes less than 18 months after Quantexa closed its US$157 million Series D funding round in July 2021 and just weeks after its acquisition of Aylien, a Dublin-based leader in natural language processing (NLP) and advanced artificial intelligence (AI).

Quantexa also plans to use the funding to boost technology innovation efforts and strengthen its DI Platform capabilities in low-code data fusion, graph analytics, machine learning (ML), NLP and AI.

Additionally, Quantexa will increase focus on accelerating joint go-to-market efforts with its flagship partners which include Google, Moody’s, Accenture, KPMG, Deloitte and Ernst and Young.

Deployed in more than 70 countries, Quantexa’s growing customer-base includes BNY Mellon, HSBC, Standard Chartered, Danske Bank, Vodafone and The Public Sector Fraud Authority in the United Kingdom Cabinet Office.

-- BERNAMA

ALLIANZ MALAYSIA CELEBRATES IWD BY WORKING WITH PEWTER AT ROYAL SELANGOR

KUALA LUMPUR, April 4 (Bernama) -- Allianz Malaysia Berhad (Allianz Malaysia) celebrated International Women’s Day by bringing employees to the Royal Selangor Visitor Centre for a fun time working with pewter. The event included workshops to create a pewter dish at the School of Hard Knocks and a pewter accessory at The Foundry. Participants enjoyed a guided tour of the centre and received an apron and a certificate. Allianz Malaysia Chief Executive Officer, Sean Wang, said: “It’s wonderful to be celebrating International Women’s Day with our employees again. To thank and recognise the women in our company for their hard work and dedication. This year, we’re doing this a little differently by getting them out of the office and into a pewter workshop where they can flex their muscle, be creative and take home some nice mementos!”About Allianz in Malaysia
The investment holding company, Allianz Malaysia Berhad, a subsidiary of Allianz SE, has two insurance subsidiaries - Allianz General Insurance Company (Malaysia) Berhad (“Allianz General”) and Allianz Life Insurance Malaysia Berhad (“Allianz Life”).

Allianz General is one of the leading general insurers in Malaysia and has a broad spectrum of services in personal lines, small to medium enterprise business and large industrial risks. The GWP for general insurance business for financial year 2022 reached a mark of RM2.66 billion. Allianz Life offers a comprehensive range of life and health insurance and investment-linked products and for the financial year 2022, Allianz Life recorded a GWP of RM3.37 billion and is one of the fastest growing life insurers in Malaysia.

Allianz Malaysia has 31 branches nationwide.

In 2021, Allianz Malaysia won The Edge Billion Ringgit Club (BRC) Financial Services (below RM10 billion market capitalisation) award for the highest growth in profit after tax (PBT) over three years. The Company also bagged the Malaysia International Business Awards 2021 (Life Insurance category) and three awards at the Global Banking & Finance Awards: Insurance Brand of the Year Malaysia 2021; Best General Insurance Product Malaysia 2021; and Best Insurance Social Media Engagement Malaysia 2021.

To learn more about Allianz Malaysia, visit allianz.com.my
Facebook: facebook.com/AllianzMalaysia/
Instagram: instagram.com/allianzmalaysia/
LinkedIn: linkedin.com/company/allianzmalaysia/

About Allianz
The Allianz Group is one of the world's leading insurers and asset managers with more than 122 million* private and corporate customers in more than 70 countries. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life, and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 683 billion euros** on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage about 1.6 trillion euros of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we are among the leaders in the insurance industry in the Dow Jones Sustainability Index. In 2022, over 159,000 employees achieved total revenues of 152.7 billion euros and an operating profit of 14.2 billion euros for the group.

*Including non-consolidated entities with Allianz customers.
** As of December 31, 2022

SOURCE : Allianz Malaysia Berhad

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Shamala Gopalan
Group Head
Corporate Communications Department
Allianz Malaysia Berhad
Tel: 016.285.0685
Email: shamala.gopalan@allianz.com.my

Name: Gary Mark Nagan
Manager
Corporate Communications Department
Allianz Malaysia Berhad
Tel: 012.367.1450
Email: gary.nagan@allianz.com.my

--BERNAMA

HUAWEI 2022 ANNUAL REPORT INDICATES STEADY OPERATIONS

 


KUALA LUMPUR, April 3 (Bernama) -- Huawei has released its 2022 Annual Report, reporting steady operations throughout 2022, having generated 642.3 billion Chinese Yuan in revenue and 35.6 billion Yuan in net profits. (100 Yuan = RM64.21)

Huawei continues to strengthen investment in R&D, with an annual expenditure of 161.5 billion Yuan in 2022, representing 25.1 per cent of the company's annual revenue and bringing its total R&D expenditure over the past 10 years to more than 977.3 billion Yuan.

"In 2022, a challenging external environment and non-market factors continued to take a toll on Huawei's operations", said Eric Xu, Huawei's Rotating Chairman, at the company's annual report press conference, according to a statement.

"In the midst of this storm, we kept racing ahead, doing everything in our power to maintain business continuity and serve our customers. We also went to great lengths to grow the harvest – generating a steady stream of revenue to sustain our survival and lay the groundwork for future development.

“2023 will be crucial to Huawei's sustainable survival and development. While it's true that we have considerable pressure ahead of us, we have what it takes to come out the other end – with opportunities to grow, a resilient business portfolio, a unique competitive edge, the enduring trust of our customers and partners, and the courage to invest heavily in R&D.”

In 2022, revenue from Huawei's carrier, enterprise, and consumer businesses was 284 billion Yuan, 133.2 billion Yuan, and 214.5 billion Yuan, respectively.

Huawei is a strong proponent of growing together with its ecosystem partners, and believes that openness and collaboration lead to shared success.

The company has continued to open up its platform capabilities across its HarmonyOS, Kunpeng, Ascend, and cloud portfolio, focusing on improving developer experience as well as enabling and supporting its ecosystem partners on all fronts.

-- BERNAMA

Monday, April 3, 2023

2023 DIGITAL THERAPEUTICS ALLIANCE INAUGURAL SUMMIT: DTX INDUSTRY LEADERS GATHER TO TRANSFORM GLOBAL HEALTHCARE

Held at the Washington D.C. Marriott at Metro Center June 7 - 9, 2023.The 3-day Summit programming will be facilitated by leaders from all facets of the DTx industry, including policymakers, manufacturers, payors, and other experts to guide innovation and equity in healthcare.

Arlington, VA, March 31 (Bernama-GLOBE NEWSWIRE) -- The Digital Therapeutics Alliance (DTA) is hosting its Inaugural Summit on June 7-9, 2023 at the Washington Marriott at Metro Center. Leaders from all facets of the digital therapeutics (DTx) ecosystem, including policymakers, clinicians, and payors, will join DTA members to discuss the challenges and opportunities of DTx integration into the healthcare system and identify optimized policy, reimbursement, and regulatory pathways to accelerate adoption. 

The 3-day Summit programming will be facilitated by Andy Molnar, Chief Executive Officer of DTA, and feature keynote presentations, panel discussions, and interactive sessions that cover the advancement of DTx, the impact of healthcare policy, reimbursement and regulatory pathways, clinical evidence requirements, and patient access optimization. 

DTA’s Chief Executive Officer, Andy Molnar states: “We are here to transform healthcare and deliver a new category of medicine to patients to improve their lives. The 2023 DTA Inaugural Summit brings together the leaders in healthcare innovation that are making these monumental changes. We are building viable frameworks with partners from Capitol Hill, the investment ecosystem, clinicians, health plans, patients, and caregivers.”