Business Schools Gear Up For GenAI Revolution - AACSB Survey

KUALA LUMPUR, Feb 4 (Bernama) -- Business school deans are generally more optimistic about the potential of generative AI (GenAI), while faculty tend to be more cautious, citing concerns about ethical implications and their institution’s readiness, according to AACSB International (AACSB)’s new report.

Despite these differences, both groups agree on the importance of integrating GenAI into teaching, research, and governance.

The report, titled GenAI Adoption in Business Schools: Deans and Faculty Respond, explores how these groups are navigating the opportunities and challenges of GenAI, focusing on its practical use in academic settings.

It offers valuable insights into global trends and strategic priorities for adopting GenAI in business schools, according to a statement.

The surveys, conducted separately among faculty and deans, reveal both shared and contrasting viewpoints, highlighting the need for coordinated efforts to drive GenAI adoption.

The report found that most respondents consider themselves novice or intermediate users of GenAI. Faculty primarily use GenAI for content creation and summarisation in teaching but are more hesitant about applying it to research tasks like data analysis due to concerns over data integrity.

Issues such as plagiarism, data privacy, and academic integrity are identified as major barriers to broader adoption. While nearly half of deans report having AI policies in place, many institutions lack clear guidance, highlighting a need for stronger governance frameworks.

Both faculty and deans acknowledge GenAI’s role in enhancing creativity and problem-solving but also recognise its risks to critical thinking. Striking a balance between AI integration and traditional pedagogy remains a key priority.

AACSB stresses the importance of fostering collaboration among educators, administrators, and institutional leaders to overcome challenges and effectively harness GenAI's potential.

The organisation is committed to supporting business schools with actionable insights to navigate the rapidly evolving AI landscape.

-- BERNAMA

MALAYSIA AND UZBEKISTAN FORGE STRATEGIC ALLIANCE IN SEMICONDUCTOR TECHNOLOGY

Mr Mirziyod Yunusov, Chairman of Uzeltexsanoat (left) and Dr Saat Shukri Embong (right), Acting President & Group Chief Executive Officer of MIMOS Berhad leading the charge in semiconductor innovation between Malaysia and Uzbekistan to accelerate industrial growth, and position both nations as global leaders in high-tech manufacturing.

BUKIT JALIL, Feb 5 (Bernama) -- In a ground-breaking move towards technological excellence, MIMOS Berhad, Malaysia, and Uzeltexsanoat, Uzbekistan, are set to forge a powerful alliance in the semiconductor industry, a sector rapidly shaping the global economy. The strategic partnership is anchored on a shared vision to drive semiconductor innovation, accelerate industrial growth, and position both nations as global leaders in high-tech manufacturing.

At the heart of this collaboration lies MIMOS Semiconductor Technology Centre in Bukit Jalil, Kuala Lumpur, Malaysia’s premier semiconductor innovation hub, renowned across Southeast Asia. With 40 years of pioneering advancements in Microelectronics and E&E, MIMOS has driven Malaysia’s rapid ascent in the semiconductor sector.

"At MIMOS, we are driven by a vision of technological excellence. This strategic alliance with Uzeltexsanoat allows us to share our expertise and world-class facilities, empowering Uzbekistan to rapidly advance its semiconductor industry while solidifying Malaysia's position as a global leader in this crucial sector,” said Dr Saat Shukri Embong, Acting President and Group Chief Executive Officer, MIMOS Berhad.

“Leveraging the strengths of both partners, we are creating a powerful engine for economic and technological growth. This partnership with Uzeltexsanoat is a bold step towards a future where Malaysia and Uzbekistan are recognised as semiconductor powerhouses. We are uniting our strengths to drive innovation, create opportunities, and shape the global tech landscape,” he continued.

Meanwhile, Uzbekistan’s Electronics and Cable Industry Governing Association (UzETS) is leading a high-tech industry worth US$2.4 billion, with exports spanning 72 countries worldwide. As Uzbekistan seeks to supercharge its semiconductor industry and unlock its vast technological potential, MIMOS emerges as the ideal strategic partner, bringing unparalleled expertise, world-class infrastructure, and a deep-rooted semiconductor research and development legacy.

Key pillars of this historic collaboration include:

· Bridging frontiers in Semiconductor Excellence: This partnership will harness the cutting-edge capabilities of MIMOS Semiconductor Technology Centre to accelerate Uzbekistan’s semiconductor industry and reinforce Malaysia’s global standing.
· Driving Economic and Technological Growth: The formation of a joint venture in Malaysia will create new opportunities in the E&E sector, fostering job creation, knowledge exchange, and technological leadership in both nations.
· A Shared Vision for the Future: Together, Malaysia and Uzbekistan will propel the semiconductor industry to new heights, ensuring that both nations remain at the forefront of the global tech revolution.

A New Era of Innovation Begins
This momentous collaboration marks the beginning of an era where Malaysia and Uzbekistan rise as powerhouse players in the global semiconductor arena. By uniting expertise, vision, and ambition, this partnership paves the way for a future driven by innovation, prosperity, and boundless opportunities.

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

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

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

SOURCE: MIMOS Berhad

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

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

--BERNAMA

UNLOCK YOUR TRADING EDGE WITH AXI AT THE 2025 MONEY EXPO MEXICO

Broker to showcase their capital allocation program, Axi Select, Manchester City memorabilia, and more

SYDNEY, Feb 5 (Bernama-GLOBE NEWSWIRE) -- Leading online FX and CFD broker Axi announced that it is attending this year’s Money Expo Mexico, taking place on February 26-27, 2025, at Centro Citibanamex.

Event attendees will have the opportunity to learn about Axi Select, Axi’s innovative capital allocation program designed to empower ambitious traders on their trading journey, as well as meet Axi Select traders who are well on their way to reaching the $1million milestone. “We invite all traders to visit our team at Booth 14 and uncover the future of trading with Axi,” says Greg Rubin, Head of Axi Select at Axi, before adding “We look forward to networking with fellow traders and showcasing the exceptional benefits of Axi Select. Our program features zero registration fees, capital funding of up to $1,000,000 USD, the opportunity to earn up to 90% of the profits, and advanced tools to accelerate traders’ trading potential.”

Additionally, visitors can explore their Introducing Broker (IB) and Affiliate programs or learn more about Axi’s longstanding partnership with Manchester City, Premier League Champions. Man City memorabilia and the club's mascots will be on-site for photos and attendees stand the chance to win exciting prizes from the broker, including signed player shirts and other merchandise.

The broker has a longstanding partnership with Premier League club, Manchester City FC, as well as LaLiga club, Girona FC, and Brazilian club, Esporte Clube Bahia. In 2023, they also announced England international John Stones as their Brand Ambassador. More recently, the broker was recognised with the ‘Innovator of the Year’ award at the 2024 Dubai Forex Expo, as well as being named ‘Most Innovative Proprietary Trading Firm’ by Finance Feeds.

The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available to AU, NZ, EU and UK residents. For more information, refer to our Terms of Service.

About Axi

Axi is a global online FX and CFD trading company, with thousands of customers in 100+ countries worldwide. Axi offers CFDs for several asset classes including Forex, Gold, Oil, and more.

For more information or additional comments from Axi, please contact: mediaenquiries@axi.com

SOURCE: AxiTrader 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

Hindustan Zinc Clocks Q3 With Highest Ever Revenue, Profit And Metal Production

KUALA LUMPUR, Feb 3 (Bernama) -- India-based Hindustan Zinc Limited (HZL), the integrated zinc and silver producer, has recorded its highest-ever nine months mined and refined metal production at 784 karat (kt) and 783 kt, respectively.

In a statement, the company reported its results for the third quarter (Q3) and nine months ended Dec 31, 2024, with Q3 revenue reaching US$1,020 million, reflecting an 18  per cent increase compared to the previous year. (US$1=RM4.47)

“Hindustan Zinc continues to execute its strategic priorities effectively while driving operational excellence with an emphasis on ESG demonstrating the underlying strength of our assets and consistent performance, all further supported by positive market trends.

“Reinforcing our position as a leader in the energy transition metals sector, I am proud to share that Hindustan Zinc has been recognised as the world's most sustainable metals and mining company for the second consecutive year by the S&P Global Corporate Sustainability Assessment 2024,” said its Chief Executive Officer, Arun Misra.

The company’s third quarter earnings before interest, taxes, depreciation, and amortisation (EBITDA) also reached a historic high of US$537 million, up 28 per cent, with an industry-leading EBITDA margin of approximately 53 per cent, nearly a 400 basis point increase year-on-year.

In addition, it also recorded its highest profit after tax (PAT) in the past nine quarters of US$317 million, up 32 per cent year on year, driven by metal volume and cost reduction.

The cost of production (COP) for the quarter also hit its lowest point in the past 15 quarters at US$1,041 per metric tonne. With a market capitalisation of US$22 billion, Hindustan Zinc continues to be one of India’s largest metal companies, delivering shareholder returns of approximately US$2.10 per share.

A Vedanta Group company and supplying to over 40 countries globally, Hindustan Zinc has been recognised as the world’s most sustainable company in the metals and mining category by the S&P Global CSA 2024.

-- BERNAMA

AI-Media To Showcase Innovative Solutions At ISE 2025 Beginning Feb 4

KUALA LUMPUR, Feb 3 (Bernama) -- AI-Media, a global leader in artificial intelligence (AI)-powered captioning and translation solutions, will debut at Integrated Systems Europe (ISE) 2025 for four days beginning Feb 4, in Barcelona.

At the world’s leading event for audio visual (AV) technology and integrated solutions, AI-Media will demonstrate its cutting-edge innovations that are revolutionising accessibility, enhancing audience engagement, and solidifying its expansion across Europe.

AI-Media Chief Sales Officer, James Ward in a statement said ISE 2025 is an incredible opportunity to showcase the transformative power of the company’s technology.

“By combining innovation with practicality, we deliver scalable solutions that empower broadcasters and AV professionals to reach diverse audiences, meet regulatory demands like the European Accessibility Act, and revolutionise how content is experienced,” added Ward.

With the European Accessibility Act (EAA) set to take effect on June 28, AI-Media’s advanced solutions will help broadcasters and AV professionals in ensuring accessibility compliance by offering seamless integration and scalability while elevating audience engagement.

The company’s debut at ISE underscores its commitment to innovation, collaboration, and leadership in the AV space, as the exhibition provides an unparalleled opportunity to connect with industry leaders, explore the latest trends, and build strategic partnerships with AV system integrators across Europe.

Visitors to the AI-Media booth will experience live demonstrations and learn how AI-Media is revolutionising accessibility and language strategies for broadcasters and AV professionals.

These include LEXI Live AI-Powered Captions, Multilingual Captioning and Translation, Industry-Leading Encoder Technology, and Exclusive First Look of LEXI Voice.

Founded in Australia in 2003, AI-Media is a pioneering technology company specialising in AI language and captioning workflow solutions. It empowers broadcasters, enterprises, and government agencies globally to ensure seamless accessibility and inclusivity of their content.

-- BERNAMA

EBC's CSR Initiative To Support Education, Empower Marginalised Communities In India

KUALA LUMPUR, Feb 3 (Bernama) -- EBC Financial Group (EBC), a global financial brokerage, has announced its latest Corporate Social Responsibility (CSR) initiative through a strategic partnership with the Shakti Empowerment Education Foundation, part of the Shakti Regeneration Institute (SRI).

EBC in a statement said this collaboration will support the Ramakrishna Vedanta Vidyapith school in West Bengal, India, providing 50 low-income students with access to essential educational materials, uniforms, vocational sewing classes, and extracurricular activities.

This partnership forms part of EBC’s broader CSR strategy, which complements its role as a global financial brokerage, enabling access to global markets while promoting equitable education and sustainable development in communities where economic opportunities are limited.

Moreover, EBC has also supported the University of Oxford’s What Economists Really Do public education series through the sponsorship of two episodes, namely The Economics of Tax Evasion in 2023 and Macroeconomics and Climate in November 2024.

These episodes explore how economics can address significant societal issues and reflect EBC’s broader mission of empowering informed decision-making, a principle that also drives its global brokerage services, enabling individuals and institutions to confidently navigate financial markets.

Together, these initiatives demonstrate EBC’s dedication to advancing educational access, promoting critical discourse, and addressing the interconnected challenges of socio-economic development and sustainability.

Shifting focus to India, EBC’s partnership with SRI reinforces its mission to drive long-term societal change at the local level, equipping individuals with the tools to thrive and contribute to the development of their communities while promoting sustainable development at the grassroots level.

In addition to this critical sponsorship, EBC’s leadership in global advocacy is reflected in its contributions to the upcoming documentary #TheRegenerationGeneration, an initiative of SRI directed by its founder, Indrani Pal-Chaudhuri.

The film, which addresses the urgent need for regenerative finance and education, highlights the efforts of Nobel Prize winners, innovators, business leaders, educators, and Indigenous leaders working together to protect vulnerable ecosystems and communities from the increasing threats of climate change.

Operating under top-tier regulation, EBC combines its mission to equip investors with access to global markets such as currencies, indices, and commodities with impactful social investments that contribute to community welfare and sustainability.

-- BERNAMA

GENERALI MALAYSIA APPOINTS NEW LEADERSHIP TEAM TO ACCELERATE GROWTH

Generali Malaysia is pleased to appoint Ms. Soo Wai Har as Chief Executive Officer of Generali Life Insurance Malaysia Berhad and Mr. Lee Chee Fooi as Chief Distribution Officer of Generali Insurance Malaysia Berhad.

KUALA LUMPUR, Feb 3 (Bernama) -- Generali Malaysia has announced the appointments of Soo Wai Har as the new Chief Executive Officer of Generali Life Insurance Malaysia Berhad, and Lee Chee Fooi as Chief Distribution Officer of Generali Insurance Malaysia Berhad. These new appointments are in alignment with Generali Malaysia’s strategy for sustainable growth and its aspiration to become a Lifetime Partner to its customers.

Prior to joining Generali Life Insurance Malaysia Berhad, Soo Wai Har served as the Chief Commercial Lines Officer at Generali Insurance Malaysia Berhad, holding over two decades of insurance industry experiences. Known for her dynamic leadership and deep industry knowledge, she has spearheaded innovation and operational excellence across various roles in Finance, Sales and Marketing, Distribution, and Operations. A passionate advocator for Diversity, Equity, and Inclusion (DEI), she has been pivotal in championing inclusive initiatives at Generali Malaysia. Soo Wai Har succeeds Rebecca Tan, who will be transitioning to the role of President Director & Chief Executive Officer PT Asuransi Jiwa Generali Indonesia.

Lee Chee Fooi brings with him a wealth of experiences in the general insurance industry, having helmed the role of Chief Agency Officer at Generali Insurance Malaysia Berhad. He has held various senior leadership roles across diversified distribution channels whilst building and leading high-performing insurance agency networks.

“Congratulations to Wai Har and Chee Fooi. As Generali Malaysia experiences significant profitable growth, it is prime time for us to invest in our People and strengthen our leadership in accordance with our Lifetime Partner commitment. I’m confident that Wai Har and Chee Fooi, both being seasoned industry professionals, have the proven leadership, strategic vision and unwavering commitment to drive Generali Malaysia’s strategic goals and future success,” said Fabrice Benard, Country Head of Generali entities in Malaysia.

Fabrice Benard will continue to serve as the Country Head overseeing both Generali entities in Malaysia, ensuring seamless leadership and execution of Generali Malaysia’s strategic priorities.

For more information, please visit www.generali.com.my.

SOURCE: Generali Insurance Malaysia Berhad

FOR MORE INFORMATION, PLEASE CONTACT:
Media Relations
Name: Sheena Ho (Brand Marketing & Communications)
Tel: 012-3091193
Email : sheena.ho@generali.com.my

Name: Samantha David (Brand Marketing & Communications)
Tel: +6016 314 1085
Email: samantha.david@generali.com.my

--BERNAMA