Day: October 3, 2024

KUALA LUMPUR, Quantios, the global provider of Wealth and Corporate Services software as a service (SaaS) solutions, has completed the acquisition of Klea, an artificial intelligence (AI)-powered legal entity management (LEM) tool. Backed by Hg and EQT, in a statement, Quantios said it is committed to leading digital transformation for trust and corporate service providers (TCSPs). By combining Klea’s AI-enabled legal entity management tool with Quantios software, corporate legal teams and multi-client service providers will now have access to comprehensive automated workflow solutions. Quantios Chief Executive Officer (CEO), Guy Harrison said the combination of Klea and Quantios affirmed the company’s

KOTA TINGGI, The overall losses due to flooding across the country were successfully reduced to RM755 million last year, compared to RM1.03 billion in 2022, Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said. He said RM275 million reduction was achieved through efficient management and close cooperation among various parties via disaster risk reduction measures. ‘In 2022, we incurred losses and damages amounting to RM1.03 billion, but with the implementation of disaster risk reduction measures, the losses were successfully reduced by RM275 million,’ he told a press conference following the launch of the 2024 National Preparedness Month (BKN). He

PUTRAJAYA, The establishment of a Food Security Indicator Cluster Committee on the National Food Security Policy to facilitate the development, management and monitoring of data is one of the food security initiatives being refined. Minister of Agriculture and Food Security, Datuk Seri Mohamad Sabu said the matter was discussed in the Executive Committee on National Food Security Policy meeting today. In a statement today, he said other initiatives include empowering the aquaculture industry through the development of the Aquaculture Industry Zone (ZIA) to meet increased domestic demand and encourage exports through infrastructure upgrades and investment promotion. Besides, it also proposed

KUALA LUMPUR, The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended lower today. Spot month October 2024 and March 2025 shed 1.5 points each to 1,639.0 and 1,631.5, respectively, while November 2024 and December 2024 fell 2.0 points each to 1,640.5 and 1,643, respectively. Turnover rose to 6,827 lots from 4,743 on Wednesday, while open interest slipped to 47,874 contracts from 48,899 previously. The FBM KLCI ticked up 2.24 points, or 0.14 per cent, settling at 1,641.55 compared to Wednesday’s close of 1,639.31. Source: BERNAMA News Agency

KUALA LUMPUR, Teams from the Sungai Buloh Parliamentary Constituency Service Centre have been instructed to assess the flood situation in the area and cooperate with authorities to assist the victims. Deputy Minister of Entrepreneur Development and Cooperatives Datuk Seri R. Ramanan, who is also Sungai Buloh MP, said this is to ensure that in situations like this, all assistance can be provided with the cooperation of all parties. “I also visited the temporary relief centre (PPS) at Dewan Seri Pagi Paya Jaras to meet the victims and deliver the necessary aid. “We will ensure their welfare is well taken care

PUTRAJAYA, Implementation of the new student orientation week at institutions of higher learning (IPT) need not be discontinued, instead, the content of the programme should be adjusted to meet its original objectives, said Higher Education Minister Datuk Seri Zambry Abd Kadir. He said the implementation of the programme is still relevant because it aims to expose students to the new world of campus life and being away from their families. “This orientation week should be a programme to help students to adapt to the new life in university, college and so on for a long period, maybe four years, some