Day: July 17, 2024

MELAKA, The body of an unidentified man was found floating in Sungai Malim here yesterday, said Melaka Tengah district police chief ACP Christopher Patit. He said that a team comprising police and firefighters from the Jalan Kubu Fire and Rescue Station (BBP) responded promptly to a call received at 4.16 pm. ‘Upon initial examination, the victim’s body lacked any form of identification except for a tie made from nylon rope wrapped in black plastic around his waist,’ he said in a statement today. He added that the body was also fastened with a stone tied to a rope measuring approximately

KUALA LUMPUR, Maxis Bhd’s shares rose during the morning trading session following reports that the company is considering acquiring U Mobile Sdn Bhd to expand its presence in the domestic market. At 10.51 am, the telecommunication firm rose five sen to RM3.52, with 165,900 shares traded. According to recent reports, Maxis has expressed its interest in U Mobile with talks still in the early stages. Among U Mobile’s major shareholders are tycoon Tan Sri Vincent Tan and Temasek Holdings Pte-backed Singapore Technologies Telemedia Pte. However, Tan said U Mobile was rejecting the buyout offer and planning to file for an

SEOUL, South Korea, Kolmar Korea (KRX: 161890) is speeding up its global expansion by appointing experts in the global cosmetics industry to its North American subsidiary. With the plan to build its second U.S. plant early next year, the company has appointed a new head for its North American operations and a Global Chief Commercial Officer (GCCO). It has also set up a strategic framework that integrates production, sales, and RandD to better penetrate the local market. This plan includes creating an RandD team for North America and appointing a new manager. Kolmar Korea announced that it has named President

LOS ANGELES, Xsolla, a global video game commerce company, announces the launch of Xsolla Backend, an innovative solution designed to help developers of all sizes, especially indie and midsize teams, work across various gaming platforms. Xsolla Backend makes their games more accessible by allowing developers to unite their audience across all platforms: PC, console, mobile, and the web. This addresses audience fragmentation common to most games and enables developers to save costs while creating deeper engagement as they grow their gaming business. Xsolla Backend offers developers a scalable and affordable solution to enhance game functionality and player engagement across all

PETALING JAYA, A global survey by KPMG International reveals that 10 percent of companies have widely adopted artificial intelligence (AI) in financial reporting, while nearly three-quarters (72 percent) are piloting or using it selectively. In three years, 99 percent of organizations will be adopting AI into their financial reporting processes. Published in the AI in financial reporting and audit: Navigating the new era report, this survey underscores AI’s transformative potential across business models, particularly in financial reporting and auditing. Drawing insights from financial reporting executives and board members across 1,800 companies in six industries and 10 countries, the survey explores