Category: General

KUALA LUMPUR, Acting deputy director-general of operations of the Malaysian Maritime Enforcement Agency (MMEA), Rear Admiral (Maritime) Datuk Mohd Rosli Abdullah, has been appointed as the seventh MMEA director-general, effective yesterday. MMEA said in a statement today that he has nearly three decades of experience in maritime security and is an expert in planning and executing maritime operations, particularly in combating cross-border crimes such as illegal immigration, drug and contraband smuggling, and sea piracy. “One of his major achievements was leading Ops Pelantar Merah, which resulted in high-profile arrests and a reduction in crime around the oil platforms in the

KUALA LUMPUR, As the world grapples with the pressing issue of climate change, Malaysia is taking a significant step towards a sustainable future. The Malaysian Investment Development Authority (MIDA) and Alliance Bank Malaysia Berhad (Alliance Bank) have successfully hosted the inaugural Carbon Border Adjustment Mechanism (CBAM) workshop, a groundbreaking event that brings together industry leaders, and an environmental expert from Riverstone Environmental Sdn. Bhd. to explore the potential of CBAM in revolutionising sustainable industrial practices. CBAM is a carbon border tax designed to address the growing concern of carbon leakage by putting a fair price on the carbon emitted during

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, The number of flood victims relocated to temporary relief centres in Kedah and Penang has risen this morning, with Perlis also opening its relief centres in response to the growing number of flood-affected individuals. In KEDAH, the number of victims has surged to 2,194 as of 8 am, up from 675 reported at 5 pm yesterday. State Social Welfare Department director Datuk Zulkhairi Zainol Abidin said these victims, from 388 families across six districts – Kubang Pasu, Pendang, Kulim, Pokok Sena, Kuala Muda and Kota Setar, have been moved to 11 relief centres. ‘Pokok Sena has been the

NEWARK, Calif., SMART Modular Technologies, Inc. (‘SMART’), a division of SGH (Nasdaq: SGH) and a global leader in memory solutions, solid-state drives, and advanced memory, announces a proprietary technology to mitigate the adverse impact of single event upsets (SEUs) in high-reliability flash-memory based systems. SMART Modular’s MP3000 NVMe SSD products with SEU mitigation reduce annual failure rates from as high as 17.5k/Mu (million units) to less than 10/Mu and can save hundreds of thousands of dollars in potential service costs by helping to ensure hundreds of hours of uninterrupted uptime, especially important for tough-to-repair remote deployments. ‘Our industry standard SATA