Procurement fraud and bribery emerge as Asia-Pacific’s top risks as AI-driven deception accelerates
KUALA LUMPUR, Nov 21 (Bernama) -- According to ACCA’s new report, ‘Combatting Fraud in a Perfect Storm’, organisations across Asia-Pacific are contending with a diverse and fast-evolving fraud landscape. The study identifies procurement fraud (34%) and bribery and corruption (20%) as the region’s dominant risks, accelerated by new vulnerabilities arising from rapid digitisation and AI-enabled deception. The Asia-Pacific region, including high-growth economies like Malaysia,
CIMB partners ASCARO to offer exclusive privileges and announces Padel Open tournament
KUALA LUMPUR, Nov 19 (Bernama) -- CIMB Bank Berhad and CIMB Islamic Bank Berhad (collectively “CIMB” or “the Bank”) announced its strategic partnership with ASCARO for the CIMB Padel Open marking its foray into padel, one of Malaysia’s fastest-growing racquet sports. While the padel tournament is scheduled for June 2026, CIMB customers can already enjoy exclusive perks at ASCARO padel courts at 1 Utama shopping mall, and also at more courts to be unveiled soon at TREC Kuala L
CSGI’S “CHAMPA BLOSSOMS” PROJECT BOOSTS LIVELIHOODS, EDUCATION IN LAOS
KUALA LUMPUR, Nov 19 (Bernama) -- China Southern Power Grid International (CSGI) has announced significant progress and impact from its long-running “Champa Blossoms” public welfare initiative in Laos, which has been supporting community development, poverty alleviation, and educational advancement since 2015. Over three years, the “Champa Blossoms” welfare team successfully relocated 10,523 residents across 14 resettlement sites and 37 villages near a hydropower station. Ess
UEM Edgenta Honours Bumiputera Vendors, Welcomes New Cohort to its Vendor Development Programme
Ahmad Fazril Fauzi, Chief Financial Officer, UEM Edgenta and Datuk Saidatu Akhma Hassan, Deputy Secretary-General (Entrepreneurship Development), Ministry of Entrepreneur and Cooperative Development together with the 15 Bumiputera vendors under UEM Edgenta’s Vendor Development Programme. KUALA LUMPUR, Nov 11 (Bernama) -- UEM Edgenta Berhad (“UEM Edgenta” or “the Company”), Malaysia’s leading Asset Management and Infrastructure Solutions company, celebrated the graduation of 1
BioVerde Technologies and Bioeconomy Corporation Move from Signing to Implementation to Strengthen Malaysia’s Sustainable Bioeconomy
(Centre) The Premier of Sarawak, The Right Honourable Datuk Patinggi Tan Sri (Dr) Abang Haji Abdul Rahman Zohari bin Tun Datuk Abang Haji Openg witnessed the exchange of memorandum of understanding between BioVerde Technologies Sdn Bhd - represented by its Chairman, YBhg Dato Sri Dr Wan Lizozman bin Wan Omar (front, far right) and Chief Executive Officer, Ts. Hazwan Razak (front, second from right) - and Malaysian Bioeconomy Development Corporation Sdn Bhd, represented by its
Xsolla Expands Local Payment Options To Boost Global Holiday Game Sales
KUALA LUMPUR, Nov 6 (Bernama) -- Xsolla has rolled out new local payment methods across Europe, Asia, Africa and Latin America to help game developers reduce checkout friction and capture growing holiday demand. “By adding preferred local payment methods players already trust from digital wallets across Africa and Latin America to BNPL options in Japan and mobile wallets in Taiwan and Portugal, we are helping studios turn festive demand into loyal long-term relationships,” sa
Northern Trust Expands Fund Services For Avanda Investment Management
KUALA LUMPUR, Nov 3 (Bernama) -- Northern Trust has expanded its fund services relationship with Avanda Investment Management, supporting its implementation of the mandate granted by the Monetary Authority of Singapore (MAS) as part of the Equity Market Development Programme (EQDP). “We are proud to support Avanda in this milestone under the EQDP initiative. This expansion reflects our commitment to delivering scalable, high-quality solutions that help asset managers grow and
BRINGING CHERAS COMMUNITY CLOSER TO MALAYAN TAPIRS
KUALA LUMPUR, Oct 27 (Bernama) -- Tapir Trails, a three-day tapir conservation awareness campaign, will be held from 31 October to 2 November 2025 at Cheras LeisureMall. The initiative is organised by PPB Properties, in collaboration with the Department of Wildlife and National Parks Peninsular Malaysia (PERHILITAN) and Peninsular Malaysia Forestry Department. According to PERHILITAN, the Malayan Tapir is classified as an endangered species, which has fewer than 1,500 remaini
Digital Longhua Supports a Spectacular Model (Aviation) Sport Competition of the 15th NG Mass Participation Events
Caption: Finals of the Model (Aviation) Sport of the 15th NG Mass Participation Events SHENZHEN, China, Oct. 31, 2025 /Xinhua-AsiaNet/-- In recent days, the Model (Aviation) Sport of the Mass Participation Events of the 15th National Games (NG) of China has held its finals in Longhua District, Shenzhen, which attracted aviation model enthusiasts from across the country. At the competition venue, players skillfully maneuvered their models between the sky and the ground, settin
Lendlease REIT Nears Completion Of Jem Office Divestment
KUALA LUMPUR, Nov 3 (Bernama) -- Lendlease Global Commercial Trust Management Pte Ltd, the manager of Lendlease Global Commercial REIT (Lendlease REIT), announced that the condition precedent for the divestment of the Jem office component has been fulfilled, with completion expected by Nov 12. Upon completion, the net sales proceeds will primarily be used to repay borrowings, reducing aggregate leverage to about 35 per cent on a pro forma basis and terminating associated hedg
