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Category: General

Malaysia’s IPI Expands 5.3 pct In July, Driven By Strong Manufacturing Output – DOSM

KUALA LUMPUR, Malaysia’s Industrial Production Index (IPI) expanded by 5.3 per cent in July 2024, following 5.0 per cent growth in the previous month driven by a surge in manufacturing output, said the Department of Statistics (DOSM). In a statement today, chief statistician Datuk Seri Dr Mohd Uzir Mahidin said manufacturing output rose by 7.7 per cent in July 2024 compared to 5.2 per cent in the preceding month, and electricity output increased by 7.0 per cent compared to 3.5 per cent in June 2024. ‘Meanwhile, the mining sector’s production declined 5.0 per cent against a 4.9 per cent growth

Akur8 Expands Core Capabilities with Strategic Acquisition of Arius® Reserving Solution

PARIS, NEW YORK and ATLANTA, Akur8, the next generation insurance pricing solution powered by transparent machine learning, is thrilled to announce its acquisition of Arius®, an award-winning PandC reserving software for insurers and reinsurers, known for its innovative tools and methodologies that help insurers manage risk and improve financial performance. Boasting a robust U.S. presence and a reputation for excellence, Arius’s portfolio includes 150 insurance and consulting clients and over 1,500 users. More than one third of these clients are top-tier carriers in the U.S. and Canada, reflecting its strong foothold in the Tier 1 and Tier 2 market segments.

DepEd eyes to transition from making own books to title pre-selection

Manila: Department of Education (DepEd) Secretary Sonny Angara on Tuesday said they are looking at an “innovation” to hasten the procurement of textbooks for basic education learners. During the Senate deliberation of DepEd’s proposed 2025 budget, Angara told senators that they were eyeing title pre-selection as a system they want to duplicate from private schools or law schools. Under the system, students are given the titles they can buy from bookstores. “I think it will make things easier — to select from the available titles in the market, and it will also help perhaps our local publishers and the local

Comelec sets Sept. 12 deadline for Guo’s reply to poll rap

Manila: The Commission on Elections (Comelec) has granted anew the request of the camp of dismissed Bamban, Tarlac mayor Alice Guo for another extension to file her counter-affidavit to the material misrepresentation complaint she is facing. Comelec chairperson George Erwin Garcia said Tuesday the poll body’s law department approved a 10-day extension only. “Dapat natapos first extension ng Sept. 2. Humingi sila 15 days. Ten days (lang) binigay ng law department namin, Sept. 12 dapat deadline niya, 10 calendar days po. Kaya Sept. 2 ay hanggang Sept. 12 ang palugit na ibibigay sa kampo ni mayor Guo (The first extension

ASEAN Countries Must Speak With Coherent Voice On Climate Change – Nik Nazmi

KUALA LUMPUR, A unified stance among ASEAN member countries on climate change is crucial for the region to be taken more seriously on the global stage, said Natural Resources and Environmental Sustainability Minister Nik Nazmi Nik Ahmad. He said if ASEAN member countries work together and take advantage of its 670 million population as well as the region’s economic strength, their voice will be more respected. ‘Asean has 670 million (people). By 2030, we (Asean) will be the fourth biggest economy in the world. So I think that’s where we want to leverage from (ASEAN),’ he said during a press

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