Day: October 3, 2024

KUALA LUMPUR, Allianz Life Insurance Malaysia Berhad (Allianz Life) and the Malaysian Financial Planning Council (MFPC) celebrated the achievements of 143 qualifiers from the Professional Estate Planning Adviser Programme (PEPAP) at a recent graduation ceremony held at the Asian Institute of Chartered Bankers in Kuala Lumpur. The event marked a significant milestone as Allianz Life recognised its latest cohort of certified estate planners. Over the past two years, the Company has seen a consistent number of agents graduating from its professional estate planning course. Whilst the numbers have remained stable, the focus has been on deepening the expertise of experienced

RICHARDSON, Texas, Mavenir, the cloud-native network infrastructure provider building the future of networks, has won the Leading Lights Network Energy Efficiency Award for its Energy-Efficient 5G User Plane Function (UPF) solution. Delivering substantial energy savings, operational efficiency, and enhanced performance for its mobile network operator customers, Mavenir has demonstrated remarkable success with its UPF solution. With a significant 40% power saving even under the most demanding conditions, such as a 100% traffic load, this impressive efficiency is due in part to Mavenir’s utilization of NVIDIA ASAP2 Accelerated Switching and Packet ProcessingS technology, which allows Mavenir to accelerate the UPF- data

BOSTON, Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (PandC) and general insurance, today introduced its latest insurance-focused payments solution, the Duck Creek Payments Facilitator. This modern, end-to-end payment solution caters to the nuances of payments within insurance by providing carriers with access to digital payment methods for both collecting and disbursing funds. Duck Creek Payments Facilitator delivers a global solution, combining real-time capabilities, like FedNow, with traditional payments services and Banking as a Service (BaaS) functionalities, such as transactions via push-to-card or digital wallets. Now insurers can collect or pay out to policyholders

BUSAN, Communications Minister Fahmi Fadzil’s three-day working visit to South Korea which ended yesterday, gave added value to Malaysia to optimise the application of artificial intelligence (AI) in telecommunications network, as well as obtaining ‘tips’ to improve the quality of the country’s film industry. Even thought it was short, the working visit which started on Monday, was seen to have yielded positive results through several meetings and the signing of a memorandum of understanding (MoU) with telecommunication companies. Malaysia and South Korea, among others, agreed to improve the essence of the MoU involving bilateral cooperation in the field of information

LABUAN, The second phase of the Kina Benuwa Mangrove Park Eco-Tourism Development Project here has been completed and handed over to the Ministry of Tourism, Arts, and Culture (MOTAC). Labuan Public Works Department (PWD) director Mohd Faizul Mohd Ali Hanapiah said the RM1.68 million project was officially handed over to MOTAC on Sept 25. Mohd Faizul said the PWD, which oversaw the project, is committed to ensuring all developments in Labuan meet high standards for the benefit of the public and the growing tourism sector. ‘The latest phase included repairing signboards, landscaping, upgrading wooden walkways and constructing a floating jetty.

KUALA LUMPUR, Five individuals, including a boy, were rescued by the fire department after being trapped in a water surge in Kampung Batu 10, Cheras-Kajang Highway, near here, yesterday. Selangor Fire and Rescue Department assistant director of operations Ahmad Mukhlis Mukhtar said they were alerted to the incident at 9.05 pm. He said a fire engine along with six personnel from the Bandar Tun Hussein Onn fire station was dispatched to the scene. ‘The operations commander reported that five victims, consisting of three men, one woman and a boy, were trapped across the river due to the headwater phenomenon. ‘The