Wednesday, 26 February 2020

NTT Ltd. and Palo Alto Networks expand strategic partnership to further advance Secure by Design solutions

Kuala Lumpur, 26 February 2020 - NTT Ltd., a world-leading global technology services provider, and Palo Alto Networks, the global cybersecurity leader, today announced an expanded strategic partnership to offer a portfolio of intelligence-driven security products that will help clients minimize risk by reducing time to predict, detect, and respond to attacks. The new offering will bring together NTT Ltd.’s ‘Secure by Design’ services with Palo Alto Networks’ Prisma™ Access and Cortex™ XSOAR technologies and focus on intelligent workplace, intelligent infrastructure, and intelligent cybersecurity. The offering can integrate with existing digital workspaces and meet specific cybersecurity and network requirements. 

Wednesday, 26 February 2020

National Kidney Foundation Malaysia And Grab Combine Forces to Support Dialysis Patients

Kuala Lumpur, February 2020 – Following the success of the previous three campaigns, Grab Malaysia and the National Kidney Foundation (NKF) Malaysia are joining forces once again. The mission: to raise funds to purchase a new dialysis machine that will provide NKF’s underprivileged kidney failure patients with a higher quality of life. The pre-established collaboration between NKF and Malaysia’s homegrown everyday everything app, will enable Grab users to once use their GrabRewards to donate to NKF and support the fundraising effort.

From 29 January until 31 December 2020, Grab users in Malaysia can visit the GrabRewards catalogue in their Grab app and convert their points into donations. Every 600 GrabRewards points used will translate to a RM5 donation towards NKF.

Wednesday, 26 February 2020

WCT Records RM12 million in Net Profit for 4QFY2019

PETALING JAYA, Wednesday 26 February 2020 - WCT Holdings Berhad (“WCT” or “the Group), a leading engineering and construction as well as property company, recorded a revenue of RM461 million for its fourth quarter ended 31 December 2019 as compared to RM701 million in the preceding year’s corresponding quarter. The net profit attributable to equity holders is RM12 million, recording an increase from RM3 million1 registered in the preceding year’s corresponding quarter. 

The Group’s Engineering and Construction Division accounts for 57% of the Group’s consolidated revenue, while the Property Development and Property Investment & Management segments, contributed 32% and 11% to the Group’s consolidated revenue. 

Tuesday, 25 February 2020

Deloitte 2020 insurance outlook

KUALA LUMPUR, 25 February 2020 – Despite turbulence in the global economy, the insurance industry remains resilient by continuing to generate growth around the world and maintaining overall profitability.

According to the Life Insurance Association of Malaysia (LIAM), force premiums in Malaysia are experiencing growth. With this positive outlook on premiums, economists suggest that Malaysia will be making forward progress as trade tensions and monetary policies ease concurrently. “Although we are observing growth, any additional developments will still likely require additional effort by the insurance industry to accommodate looming consumer needs,” said Justin Ong, Financial and Regulatory Risk Leader, Deloitte Malaysia. “Insurers should put an emphasis on how to grow their companies, run it more efficiently and productively or meet rising regulatory compliance demands. Insurers should also consider how to reposition themselves for success throughout the next decade to adapt to changes in consumer purchasing preferences, property use, and work habits,” he added.

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