KUALA LUMPUR, Aug 26 (Bernama) — A total of 20 Malaysian startups have been selected to participate in the second edition of PETRONAS FutureTech 2.0, an intensive technology accelerator programme led by the national energy company in collaboration with Telekom Malaysia Bhd (TM), Sime Darby Plantation Bhd (SDP) and global venture…

SAN CARLOS, Calif., Aug 26 (Bernama-BUSINESS WIRE) — RubrYc Therapeutics, Inc. (“RubrYc”) and iBio, Inc. (“iBio”, NYSEA: IBIO) announced today the closing of RubrYc’s Series A2 Preferred Financing, and concomitant License and Collaboration Agreements directed towards the research, development, and commercialization of epitope-targeted antibody therapeutics. With this transaction, iBio becomes…

SINGAPORE, Aug 26 (Bernama-BUSINESS WIRE) — Therecent agreement to acquire AXA Insurance Pte Ltd (AXA Singapore) by HSBC Insurance (Asia-Pacific) Holdings Ltd (HSBC Insurance) demonstrates the continued growth potential of Singapore’s life insurance segment, according to a new AM Best commentary. In its new Best’s Commentary, “HSBC’s Acquisition of AXA Singapore Highlights Singapore Life…

SYDNEY, Aug 26 (Bernama-BUSINESS WIRE) — Appen Limited (ASX:APX), the leading provider of high-quality training data for organizations that build effective AI systems at scale, today announced it has signed a definitive agreement to acquire Quadrant, a global leader in mobile location data, Point-of-Interest data, and corresponding compliance services. Quadrant and…

KUALA LUMPUR, Aug 18 (Bernama) — PETRONAS has completed the delivery of its maiden carbon neutral liquefied natural gas (LNG) cargo to Shikoku Electric. The cargo was delivered from the PETRONAS LNG Complex (PLC) in Bintulu and was received yesterday at the Sakaide LNG terminal in Shikoku Island, Japan. PETRONAS has offset…

· Plant Utilisation at 97%·EBITDA Margin at 38%·Interim Dividend of RM1.84 billion KUALA LUMPUR, Aug 25 (Bernama) — PETRONAS Chemicals Group Berhad (PCG) delivered strong quarterly revenue and profits for 2Q 2021. Its performance was boosted by significant jump in petrochemical product prices fuelled by rising crude oil prices and strong rebound in…

PETALING JAYA, Aug 25 (Bernama) — Tan Sri Dato’ Seri Mohd Zuki Ali, Chief Secretary to the Government of Malaysia, recently launched the National Policy on Good Regulatory Practice (NPGRP), an affirmative action in national regulatory reform agenda. Malaysia Productivity Corporation (MPC) is mandated to drive the implementation on NPGRP…

TEMECULA, Calif., Aug 25 (Bernama-GLOBE NEWSWIRE) — Nikkiso Cryogenic Industries’ Clean Energy & Industrial Gases Group (Group), a subsidiary of Nikkiso Co., Ltd (Japan), is pleased to announce that Etan Hon has been appointed Product Manager of Turbo Aftermarket Services (AMS) for the Nikkiso Cryogenic Services unit (NCS). This addition…

NEW YORK, Aug 25 (Bernama-GLOBE NEWSWIRE) —Grafana Labs, the company behind the world’s most ubiquitous open and composable operational dashboards, today announced a $220 million Series C investment round, co-led by new investors Sequoia Capital and Coatue, with participation from existing investors Lightspeed Venture Partners, Lead Edge Capital, and GIC.…

PETALING JAYA, Aug 25 (Bernama) — The adoption of digital technology and digital transformation in the industry presents an underlying tension in the careers of the future. With Industry 4.0 gathering momentum, economic changes through automation and globalization are transforming businesses. As the workforce trends shift, there comes pressure in staying…