Johor: Johor is set to become the production base for artificial intelligence (AI)-powered cleaning robots under a technology transfer partnership between a local company and a Chinese robotics firm. Indah Holding Venture (M) Sdn Bhd director Datuk B …
Hong kong: AM Best has upgraded the financial strength rating of The People’s Insurance Company of China (Hong Kong) Ltd (PICC HK) to A (Excellent) from A- (Excellent) and the long-term issuer credit rating to ‘a’ (Excellent) from ‘a-‘ (Excellent). Co…
Seoul: Global credit rating agency, AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of ‘aa-‘ (Superior) of South Korea’s DB Insurance Co Ltd (DBI).
According to BERNAMA News Agency, the outl…
Kuala lumpur: The government has assured that it will only approve data centre projects after ensuring that energy and water supply capacity is sufficient to meet the needs of the people and local industries.
According to BERNAMA News Agency, Deput…
Kuala lumpur: Gamuda Bhd’s shares rose 1.44 per cent in early trade on Thursday after its joint venture signed a bulk water supply agreement with Perbadanan Bekalan Air Pulau Pinang Sdn Bhd (PBAPP). The agreement is to supply treated water to Penang f…
Kuala lumpur: The government has no plans at present to implement a two per cent wealth tax on wealthy individuals to help finance government expenditure, said the Finance Ministry (MoF). It said the contribution from a wealth tax would not be signifi…