Category: General

KUALA LUMPUR, The Life Insurance Association of Malaysia (LIAM) today launched the Starter Pack Insurance Fund (SPIF) through its i-MULA 50 initiative, designed to make life insurance more accessible and affordable for 100,000 eligible Malaysians. LIAM chief executive officer Mark O’Dell said the initiative provides a one-off RM50 subsidy for each qualifying life insurance policy, with coverage including benefits for death, total and permanent disability, critical illness, medical expenses and hospital income. ‘With SPIF, we are allocating RM5 million fund to benefit 100,000 eligible Malaysians, focusing on youth, young families and first-time buyers to own a life insurance protection plan

KUALA LUMPUR, Police are currently investigating 454 fraud cases believed to involve deepfake technology, including voice impersonation, which have resulted in losses amounting to RM2.72 million since the beginning of this year. Bukit Aman Commercial Crime Investigation Department (CCID) director Datuk Seri Ramli Mohamed Yoosuf said these scams typically involve sending WhatsApp messages while impersonating the victim’s acquaintances, claiming to be in trouble and requesting a loan. ‘Victims are then instructed to transfer money to a specific account, which is actually a mule account,’ he told a press conference today. He cited a case involving a travel agent in Kuala

KUALA LUMPUR, Bursa Malaysia defied the regional downturn with the benchmark index climbing 1.37 per cent in the morning session on stronger corporate earnings, particularly in the banking sector. At 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) surpassed the 1,670 mark, rising 22.70 points to 1,674.99 from Tuesday’s close of 1,652.29. The FBM KLCI exceeded its previous 44-month high of 1,674.35 recorded on Dec 17, 2020. The index opened 5.48 points higher at 1,657.77, its low for the session, and peaked at 1,681.37 at around noon. However, the broader market was negative as losers led gainers by 559

OSAKA, Japan, Gunze Limited (Headquarters: Osaka, Japan, President: Toshiyasu Saguchi) [TOKYO:3002] is pleased to announce that the renewal of its ultra-thin and tough blown film, Purewrap, specifically designed for food products requiring transportation in frozen environments. The company introduced two new types, FS35NB and FS40NB, which are compatible for boiling applications. These innovative additions retain the ultra-thin and tough characteristics that have defined the series to date, making them more convenient for use in central kitchens and other food processing facilities. They also contribute to environmental sustainability by reducing the use of plastic by approximately 50%. About product launch The

MACHANG, The Prisons Department is planning to open tahfiz classes or schools in all prison institutions across the country following the successful implementation of the school in Kelantan and Johor prisons, said the deputy commissioner general of prisons (security and correctional) Datuk Abdul Aziz Abdul Razak. He said the Tahfiz Al Quran Al Furqan school in the Machang Moral Rehabilitation Centre has become a benchmark for establishing such schools in most prison institutions. Abdul Aziz said establishing tahfiz classes in prison institutions in each state requires cooperation between the department and state religious authorities. ‘I have been informed that the