Day: September 18, 2024

KUALA LUMPUR, Petronas has announced the sponsorship of RM320 million to 600 outstanding Sijil Pelajaran Malaysia (SPM) 2023 students from across Malaysia through its Powering Knowledge initiative. In a statement, Petronas said that selected from a competitive pool of 5,847 applicants, all 600 students were evaluated based on their academic excellence, leadership potential, and active involvement in co-curricular activities. ‘The scholarship recipients will pursue their education at renowned local and international universities, including those in the United States, United Kingdom, Australia, South Korea, and Japan,’ the statement said. Petronas Chairman Tan Sri Mohd Bakke Salleh as well as Vice President

HONG KONG, AM Best has maintained its stable outlook on China’s non-life insurance segment, citing several factors that include a supportive regulatory environment, increased health insurance awareness and strong growth potential in the electric vehicle insurance market. The Best’s Market Segment Report, ‘Market Segment Outlook: China Non-Life Insurance,’ notes that the segment’s solvency ratios under China Risk-Oriented Solvency System (C-ROSS) stabilised in 2023 and through the first half of 2024, following a decline in 2022. Large Chinese insurers have been able to raise funds from the domestic debt capital market at favourable financing costs by issuing capital supplementary bonds in

KUALA LUMPUR, Dr Shalini Devi Ramachandran, crowned Mrs Malaysia World 2024, is a remarkable individual who overcame diabetes, polycystic ovary syndrome (PCOS), and hypothyroidism through disciplined lifestyle changes. At 37 years old, the Selangor-born medical doctor, who resides in Klang, successfully reduced her weight from 124 kg to 60 kg, a testament to her perseverance and dedication. In addition to her medical profession, Dr Shalini Devi is a certified sports nutritionist and the founder of wellness studios in both Malaysia and Singapore. She also holds a diploma in dermatology, is a fitness enthusiast, and has a strong social media presence

NEW DELHI and SINGAPORE, People Matters, a people and work community platform, unveiled the largest HR industry study in APAC and ME. The report highlights the evolving state of HR and the strategic shifts expected in the next 12-18 months. It shows talent is among the top forces shaping business growth outlook, and a skilled, agile, and digitally ready workforce is critical to business success. To assess the impact of an evolving economic and technological environment on the HR industry, SHRPA Research 2024 surveyed 1300+ and interviewed 25+ CXOs, HR leaders, HR tech partners and investors across APAC and ME.

ALOR SETAR, Eight ferry trips on the Langkawi-Kuala Kedah-Langkawi route were cancelled today due to high waves. Konsortium Ferrylines Ventures general manager, Captain Dr Baharin Baharom said the cancellations affected five ferries from Langkawi to Kuala Kedah, impacting 2,013 passengers. “The cancelled trips from Langkawi to Kuala Kedah were scheduled for 11.00 am, 12.30 pm, 2.00 pm, 2.05 pm and 2.10 pm. ‘On the Kuala Kedah to Langkawi route, three ferries, carrying 937 passengers, were also affected. “These trips were set for 12.30 pm, 2.00 pm and 3.30 pm,” he said in a statement today. Baharin added that the ferry