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Business

Strong ‘A’ for Steven Sim’s First 100 Days, says SAMENTA

KUALA LUMPUR, April 6, 2026 — Small and Medium Enterprises Association (SAMENTA) has awarded a solid “A” to Steven Sim for his first 100 days as Minister of Entrepreneur Development .... read more

3–5 June 2026 | Kuala Lumpur Convention Centre, Malaysia

KUALA LUMPUR, 3–5 June 2026 – Artificial intelligence (AI) is set to redefine the future of energy, driving the next phase of global energy transition. Reflecting this shift, the Energy .... read more

Korea’s AI-Driven Healthcare Technologies Take Centre Stage at the upcoming WHX Bangkok 2026

BANGKOK, April 3, 2026 /PRNewswire/ — WHX Bangkok 2026 organised by Informa Markets is set to be a landmark trade event for showcasing Korea’s groundbreaking advancements in AI-driven healthcare and .... read more

Precision Aviation Group Expands Safran Electrical & Power Authorized Repair Center Network to Five Global Facilities

ATLANTA, April 3, 2026 /PRNewswire/ — Precision Aviation Group (PAG), a leading global provider of aftermarket aviation and aerospace services, today announced that EFIX and PAG Australia have been added .... read more

Young Financial Planners Association Hosts Inaugural Financial Education Forum with Over 170 Participants

HONG KONG, April 2, 2026 /PRNewswire/ — The Young Financial Planners Association (YFPA) successfully held its inaugural “YFPA Financial Education Forum – Money Monkey FinEd Forum” on 28 March 2026 .... read more

IBM Announces Strategic Collaboration with Arm to Shape the Future of Enterprise Computing

ARMONK, N.Y., April 2, 2026 /PRNewswire/ — IBM (NYSE: IBM) today announced a strategic collaboration with Arm to develop new dual‑architecture hardware that helps enterprises run future AI and data .... read more

Prudential Health Summit Unites Leaders to Enhance Patient Care in Hong Kong and Greater Bay Area

HONG KONG, April 1, 2026 /PRNewswire/ — Prudential Hong Kong Limited (“Prudential”) hosted the Prudential Health Summit: Improving care for every patient (“the Summit”) on 27 March, 2026. The Summit .... read more

KUALA LUMPUR, Jan 26 — Bank Negara has imposed a RM1 million administrative monetary penalty on entity-accent entity-underline inline cursor-pointer align-baseline Bank Kerjasama Rakyat Malaysia Berhad(Bank Rakyat) for failing to meet required cybersecurity and customer data protection standards. The central bank said the penalty, imposed on Jan 20, 2026, followed the discovery of multiple breaches under its Risk Management in Technology Policy Document (RMiT PD) and Management of Customer Information and Permitted Disclosures Policy Document (MCIPD PD). The violations were uncovered after a cybersecurity incident in which an external threat actor gained unauthorised access to the bank’s IT infrastructure. Investigations found that the breaches stemmed from inadequate cybersecurity controls and weaknesses in incident response. BNM said Bank Rakyat failed to implement robust cybersecurity measures and did not sufficiently safeguard customer information as required under regulatory guidelines. The bank has since taken remedial steps to strengthen its cybersecurity framework, including improvements to its information and communication technology (ICT) controls, resources and governance. In determining the penalty, BNM considered several factors, including the severity of the breaches, the bank’s lack of reasonable care in ensuring compliance, its existing control environment, past compliance record, and actions taken after the incident to prevent recurrence. Bank Rakyat paid the RM1 million penalty on Jan 26, 2026. BNM reiterated that all financial institutions must comply with its technology risk management and customer information policies, warning that it will take firm supervisory and enforcement action against any institution that fails to meet regulatory requirements.

BNM Fined Bank Rakyat RM1 Million Over Cybersecurity Breaches

KUALA LUMPUR — Bank Negara has imposed a RM1 million administrative monetary penalty on Bank Kerjasama Rakyat Malaysia Berhad(Bank Rakyat) for failing to meet required cybersecurity and customer data protection .... read more

NEC Appoints New Managing Director to Drive Next Phase of Growth in Malaysia

KUALA LUMPUR, Malaysia, April 1, 2026 /PRNewswire/ — NEC Corporation of Malaysia today announced the appointment of Takayuki Inaba as Managing Director, effective immediately. Inaba, who concurrently serves as President .... read more

Patient Trust and Quality Care Power Malaysia’s Rising Healthcare Reputation

KUALA LUMPUR, Malaysia, April 1, 2026 /PRNewswire/ — As Malaysia’s healthcare ecosystem continues to strengthen its reputation for quality and innovation, Pantai Hospital Kuala Lumpur (PHKL), part of the IHH .... read more

Latest News

PARIS, June 16 -- Vusion (VU - FR0010282822), the global leader in AI-powered digitalization solutions for physical commerce, today announced the expansion of its long-standing partnership with JYSK, one of Europe's leading home furnishing retailers, through a major new agreement supporting the retailer's next phase of store modernization and cloud transformation strategy.   The agreement includes the upgrade of electronic shelf labels across JYSK's already deployed 450 Nordic stores, the roll-out of Vusion solutions in 750 additional stores across Europe, and the full migration of JYSK's legacy on-premise platform to VusionCloud. By 2027, the deployment is expected to scale to approximately 2,500 stores across the Nordic, DACH and BENELUX regions. Through the transition to VusionCloud, JYSK will benefit from a more scalable and centralized platform enabling faster deployment cycles, simplified store operations, improved performance, and greater flexibility to support future retail innovation at scale. The cloud-based architecture will also strengthen operational consistency across markets while reducing infrastructure complexity. The project further reinforces Vusion's strategy to accelerate the migration of its installed base toward cloud-native solutions while deepening long-term customer relationships through operational excellence, local support, and continuous innovation. "JYSK has partnered with Vusion for more than 10 years, and this new agreement reflects both the strength of our collaboration and the value we see in moving to a more advanced cloud-based platform," said Carsten Nørgreen Weinkouff, Executive Vice President Retail Development, Marketing, E-commerce & Omnichannel at JYSK. "As we continue to modernize our stores across Europe, we are investing in solutions that provide greater scalability, operational efficiency, and flexibility for the future. Vusion's technology and teams have consistently demonstrated the reliability and support needed to accompany us at this scale." "This new milestone with JYSK demonstrates the strength of long-term customer partnerships and the accelerating shift toward cloud-native retail platforms," said Sébastien Fourcy, SEVP EMEA at Vusion. "By transitioning to VusionCloud, JYSK gains a scalable infrastructure designed to continuously improve operational efficiency and support innovation across thousands of stores. We are proud to support JYSK with a combination of technology leadership, local execution and long-term commitment." More about Vusion : www.vusion.com  -- PRNewswire -- Source: Vusion  

Vusion extends partnership with JYSK Across Europe

SINGAPORE, June 16, -- Galaxy Data Center ("Galaxy DC") today announced that it has secured US$250 million in an initial strategic financing round from a renowned international investment institution. The proceeds support the company's data center platform development in Southeast Asia, project execution, and deployment of high-density infrastructure for the AI era.    Galaxy DC is strategically leveraging its regional hub in Singapore to advance the multi-country deployment of GW-scale AIDC campuses across Southeast Asia. By employing diversified capital models and industrial ecosystem synergy strategies, the company delivers customized hyperscale AIDC infrastructure services to a broad range of clients. Galaxy DC believes that the demand for AI computing power is reshaping data centers from traditional facility assets toward a new phase of deep collaboration among energy strategy, engineering execution, operational resilience, and customer growth. The company will continue to strengthen its comprehensive capabilities in GW-scale AIDC across technology adaptability, power resources, green energy, localized rapid delivery, and low-carbon operations. It will also further enhance strategic capital partnerships, leveraging diversified capital models to position Southeast Asia as a key hub for global sustainable digital infrastructure. Arthur Yang, Co-founder and CEO of Galaxy DC, said: "This financing further strengthens Galaxy DC's regional platform capabilities. We are seeing rapidly evolving requirements from AI and cloud service clients — focusing not only on capacity, but also on delivery certainty, energy efficiency, operational resilience, and long-term scalability. Galaxy DC remains committed to leveraging cutting-edge, ever-evolving technology and synergistic sustainable energy solutions as its core, building future-ready GW-scale green computing infrastructure for our clients." Representatives from a world-renowned investment institution stated: "Galaxy DC has a clear development path in Southeast Asia as well as differentiated technical capabilities. We see long-term value in the company's high-density, green, and scalable data center platform, and look forward to supporting its role in regional digital infrastructure development." About Galaxy Data Center Galaxy Data Center (Galaxy DC) is a next-generation digital infrastructure platform built for the intelligent era, committed to becoming a continuously evolving global digital service provider. The company focuses on the growing computing demands of artificial intelligence (AI) and cloud computing, with hyperscale AI data centers (AIDCs) at the core of its offering. Galaxy DC builds digital infrastructure that is highly efficient, highly reliable, and highly scalable. Leveraging its unique strengths in sustainable design, resource-efficient deployment, and long-term operations, the company balances rapid compute capacity growth with environmental responsibility and lasting asset value. -- PRNewswire -- Source: Galaxy Data Center

Galaxy Data Center Secures US$250 Million in an Initial Strategic Financing Round to Build Next-Generation Green Compute Infrastructure in Southeast Asia

TANJUNG MALIM, JUNE 16 -- The establishment of a new political party in the country will not affect the chances of Barisan Nasional (BN) in the upcoming Johor and Negeri Sembilan state elections. BN Secretary-General Datuk Seri Zambry Abd Kadir said his party had made thorough preparations to face the two state elections by focusing fully on work in the areas that will be contested. He said that in a democratic system, every party has the right to establish a new political party, but BN remains consistent with the strategy and level of preparedness that has been planned. "UMNO and Johor BN have made thorough preparations. I am confident that the establishment of the new party will not affect BN based on the focus given to the work that has been arranged," he said. He said this to reporters when asked whether the existence of the National Vision Party and the United Malaysia Party (BERSAMA) could threaten BN's position in the Johor and Negeri Sembilan state elections. Earlier, Zambry, who is also the Minister of Higher Education, officiated the National Service Training Pilot Programme (PLKN) 3.0 at the Public University Level before attending the launch of the book titled 'Nahas Gerik: UPSI Berduka' at the Sultan Idris Education University (UPSI) here today. The Johor state election will be held on July 11, while the Negeri Sembilan state election will be held on August 1. The Johor State Legislative Assembly (DUN) has 56 seats with BN controlling 40 seats, followed by Pakatan Harapan (PH) with 12 seats, Perikatan Nasional (PN) with three seats and MUDA with one seat. For the Negeri Sembilan state assembly, PH has 17 out of 36 seats, followed by BN with 14 seats and PN with five seats. -- BERNAMA

BN not threatened by the existence of new political parties – Datuk Seri Zambry Abd Kadir

GEORGE TOWN, JUNE 16 -- Penang is working closely with the Federal Government and security agencies to ensure that the management of nearly 20,022 Rohingya refugees and asylum seekers in the state is carried out in an orderly, registered and controlled manner. Chief Minister Chow Kon Yeow said that based on data from the United Nations High Commission for Refugees (UNHCR) as of August 2023, an estimated 20,022 refugees and asylum seekers from the Rohingya community are in Penang and living in several areas in the state. "They live in the areas of Kepala Batas, Tasek Gelugor, Bagan, Permatang Pauh, Bukit Mertajam, Batu Kawan, Nibong Tebal, Bukit Bendera, Tanjong, Jelutong, Bukit Gelugor, Bayan Baru and Balik Pulau. "The state government has always taken a pragmatic, prudent and responsible approach in dealing with the issue of refugees and asylum seekers in the state, in line with the policies and decisions set by the Federal government," he told reporters after the 26th Annual General Meeting (AGM) of PBA Holdings Bhd (PBAHB) here today. He commented on the current situation and the number of Rohingya communities in Penang. Chow explained that matters relating to the entry of foreigners, recognition of refugee status, border control and immigration enforcement, fall under the jurisdiction of the Federal Government through the Ministry of Home Affairs (KDN), the Malaysian Immigration Department (JIM) and the National Security Council (MKN). Therefore, he said the state government always gives full support to the implementation of MKN Directive No. 23 (Revision 2023), including the Refugee Registration Document (DPP) mechanism which aims to ensure that refugee management is carried out in a more systematic, registered and controlled manner. "The DPP is not seen as a policy to increase the number of refugees in Penang, but as a mechanism for the Federal government to find out who they are, where they are and how they can be monitored more effectively," he said. He also stressed that the state government will not compromise on violations of the law with any criminal activity, misuse of documents, human trafficking, involvement in immoral activities or violations of immigration conditions, which will be dealt with by the authorities in accordance with the provisions of the law in force, without any exceptions. In another development, Chow described the memorandum of understanding (MoU) announced between the United States (US) and Iran to end the conflict between the two countries as a positive development that is expected to benefit the global economy, including Malaysia and Penang. He said the conflicts that had erupted previously had had a significant impact on various sectors of the world economy including energy supply, logistics, commodity prices and global supply chains due to geopolitical uncertainties. On Sunday, US President Donald Trump announced that a deal with Iran had been finalized and he ordered the reopening of the Strait of Hormuz and the lifting of US naval blockades. -- BERNAMA

Penang to cooperate with Federation to handle issue of 20,022 Rohingya refugees – Chow

ISTANBUL, JUNE 16 -- FIFA said on Monday that it found no evidence of a breach of the FIFA Disciplinary Code after Video Assistant Referee (VAR) official Shaun Evans made a hand signal before a recent World Cup match, Anadolu Ajansi reported. "FIFA's Independent Disciplinary Committee can confirm that after examining the matter involving Video Assistant Referee (VAR) officer Shaun Evans, it found no evidence of a breach of the FIFA Disciplinary Code," the organisation said. Evans, an Australian official, was seen on the broadcast of Germany's match against Curacao on Sunday making the "OK" hand sign, a gesture associated with white supremacy and classified as a hate symbol by the Anti-Defamation League in 2019. Evans strongly denied any malicious intent, describing the move as an "unconscious and unintentional reflex". He expressed regret over the perception that arose following the gesture, but stressed that he did not make the symbol "knowingly or intentionally", which first gained attention after it was used by attackers in the Christchurch mosque incident in 2019 that killed 51 Muslims. -- BERNAMA-ANADOLU

World Cup: Referee hand signal controversy, no evidence of disciplinary code violation – FIFA