Latest news with #RTP
Borneo Post
12 hours ago
- Health
- Borneo Post
RM200,000 allocated under RTP 2026 for further upgrades at Kota Sentosa Hospital
Yap (front, sixth left) gets ready to lead the ribbon-cutting ceremony. KUCHING (June 21): An allocation of RM200,000 under the Rural Transformation Programme (RTP) 2026 grant has been disbursed for further upgrading works on Kota Sentosa Hospital. This was announced by Kota Sentosa assemblyman Wilfred Yap at a recent ceremony held to mark the completion of an earlier RTP project worth RM400,000 at the hospital. 'This project may seem modest in scale, but its impact has been truly significant, addressing two critical needs of the hospital that have long required urgent attention,' he said. The completed project involved the construction of 40 new carpark spots complete with earthworks, bitumen-surfacing, carpark line painting, and drainage works, resolving a long-standing parking shortage for staff and visitors. Additionally, the occupational therapy and rehabilitation hall was comprehensively upgraded with full electrical rewiring, 11 new split-unit air-conditioners, new windows, a renovated stage and backdrop, a brick wall partition for an office and counselling room, and repainting throughout the facility. 'These improvements have created a more conducive, safe, and comfortable environment for both staff and patients,' added Yap. The assemblyman also expressed appreciation to the Padawan Municipal Council (MPP), the implementing agency, for completing the project on time and in accordance with the set specifications. 'As the elected representative for Kota Sentosa, I remain deeply committed to fighting for more funding to ensure that our public health facilities are not left behind,' he said. Yap stressed that another RM200,000 would be channelled under RTP 2026 for additional urgent works on the hospital. Kota Sentosa Hospital lead RTP upgrade Wilfred Yap
Malaysia Sun
20 hours ago
- General
- Malaysia Sun
IAEA Mission Observes Commitment to Safety at Research Reactor in Malaysia, Recommends Further Improvement
An IAEA team of experts visited Malaysia's nuclear research reactor, the Reaktor TRIGA PUSPATI, during an Integrated Safety Assessment for Research Reactors mission. (Photo: Nuklear Malaysia) An International Atomic Energy Agency (IAEA) team of experts said Malaysia is committed to the safe operation of its sole nuclear research reactor, the Reaktor TRIGA PUSPATI (RTP). The team also identified the need to further enhance the effectiveness of the reactor's safety committee, the management of refurbishment and modernization of the reactor's safety systems and components, and operating procedures. The five-day Integrated Safety Assessment for Research Reactors (INSARR) mission to the RTP facility, which concluded on 20 June, was conducted at the request of Malaysian Nuclear Agency (Nuklear Malaysia). The mission team comprised three experts from Slovenia, South Africa, and Thailand, and two IAEA staff. RTP is located in Bangi, Selangor, about 30 kilometres south of Kuala Lumpur. Two INSARR missions were conducted at RTP in 1997 and 2014. Since then, the reactor has undergone modifications, including replacement of the rotary rack, refurbishment of the supervisory control and data acquisition (SCADA) systems and the upgrading of the stack monitoring system. RTP was constructed in 1979 and began operation in 1982. RTP was designed for various fields of nuclear research, education and training, and it incorporates facilities for neutron and gamma radiation studies, as well as isotope production and sample activation. The INSARR team visited the reactor and its associated facilities and met with the research reactor staff and management. "Nuklear Malaysia has shown a commitment to safety by requesting an IAEA INSARR mission," said Kaichao Sun, team leader and Nuclear Safety Officer at the IAEA. "Ageing management of reactor systems and components that are important to safety can be challenging. Effective application of the IAEA safety standards, including the establishment of effective leadership and management for safety and the utilization of operating experience feedback, helps address this challenge." The mission team made recommendations and suggestions to Nuklear Malaysia for further improvements, including the need for: "The INSARR mission is a valuable opportunity for us to engage in a peer-review process," said Julia Abdul Karim, Director of Technical Support Division at Nuklear Malaysia. "It enables us to benchmark our programmes and activities against the IAEA safety standards and the international best practices and to strengthen our operational safety of our research reactor." Background INSARR missions are an IAEA peer review service, conducted at the request of a Member State, to assess and evaluate the safety of research reactors based on IAEA safety standards. Follow-up missions are standard components of the INSARR programme and are typically conducted within two years of the initial mission. General information about INSARR missions can be found on the IAEA website. The IAEA Safety Standards provide a robust framework of fundamental principles, requirements, and guidance to ensure safety. They reflect an international consensus and serve as a global reference for protecting people and the environment from the harmful effects of ionizing radiation. Source: IAEA
Business Wire
2 days ago
- Business
- Business Wire
FICO Survey: UK Consumers Trail Europeans in Real-Time Payments
LONDON--(BUSINESS WIRE)--An international survey on the uptake, trust, and future of real-time payments (RTP) from global analytics software leader FICO suggests that UK consumers are behind other European markets. Of the five surveyed countries in EMEA, the UK had the smallest number of consumers who had sent an RTP. Key Findings: 79% of UK consumers have sent RTP, compared with 94% in Sweden and 83% in Germany 35% of UK consumers consider RTP to be more secure than a credit card, compared to the global average of 51% Only 25% of Dutch consumers consider RTP to be more secure than a credit card; 28% of Germans, 29% of Swedish consumers and 40% of Spanish shoppers More information: At 79%, while representing the majority, RTP usage in the UK is not up to the high usage levels in Sweden, Germany, the Netherlands and Spain. 'This highlights the need for UK banks to focus on building confidence in the security of the payment method,' said James Roche, principal fraud consultant for FICO in EMEA. 'Nearly a quarter of Brits (23%) say they do not know if RTP processes include enough security checks.' FICO's survey of 12,000 individuals across 14 countries revealed that only 35% of UK consumers consider RTP to be more secure than a credit card, well below the global average of 51%. This may reflect consumers' awareness of scam losses, which UK Finance recently reported exceeded £450 million in 2024. 'Our research suggests that consumers are very wary, given the high rate of authorised push payment fraud and the potential for losses,' commented Roche. 'It's imperative for banks to communicate risks and warnings to their customers while providing a strong scam defence. 'Banks that use scam protection technology will put themselves and their customers in the best position to protect their finances,' Roche added. 'Additionally, they need to be flexible and customer-focused in their use of communication channels. As RTP usage continues to grow, consumers will expect their banks to equip them with the tools, education, and automated fail-safes to help prevent scam losses.' About FICO FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, insurance, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 80 countries do everything from protecting 4 billion payment cards from fraud, to improving financial inclusion, to increasing supply chain resiliency. The FICO® Score, used by 90% of top US lenders, is the standard measure of consumer credit risk in the US and has been made available in over 40 other countries, improving risk management, credit access and transparency. FICO is a registered trademark of Fair Isaac Corporation in the U.S. and other countries.
Straits Times
2 days ago
- Straits Times
2 Singaporeans among 3 arrested in Thailand in joint anti-vice sweep
Investigations began in 2023 into the vice syndicate, which allegedly recruited foreign women and sent them to Singapore to work as vice workers. PHOTO: SINGAPORE POLICE FORCE SINGAPORE - Two Singaporean men were among three arrested in Thailand for their alleged involvement in operating a transnational vice syndicate, said the Singapore Police Force (SPF) on June 19. The Singaporean suspects, aged 36 and 38, as well as a 50-year-old Thai man , were arrested on June 17 in a cross-border operation with the Royal Thai Police (RTP). Assets worth more than 20 million Thai baht (S$790,600), comprising cash in bank accounts and two condominium units, together with laptops, mobile phones, hard drives, bank cards and SIM cards, were also seized by the RTP when the trio was arrested on June 17 . The SPF also froze more than $1.26 million of suspected criminal proceeds from the Singapore bank accounts of the 38-year-old man. According to a June 18 report from Thai news website Khaosod English, one of the Singaporean men was arrested at Bangkok's Suvarnabhumi Airport, having arrived on a flight from Singapore. The Thai police had acted on information of the man's arrival, and the man had multiple arrest warrants, according to the news outlet. The Straits Times has learned that the 38-year-old Singaporean was arrested at the airport, while the 36-year-old man was arrested at his Thai residence. The cross-border anti-vice operation was executed in Thailand by the Royal Thai Police. PHOTOS: SINGAPORE POLICE FORCE Investigations began in 2023 into the vice syndicate, which allegedly recruited foreign women and sent them to Singapore to work as vice workers, SPF said . At least 76 vice workers, who were allegedly managed by the syndicate, were arrested f rom April 2023 to May 2025 , and the resulting investigations 'established useful information' against the syndicate, SPF added. The identities of the three suspects were established after police o fficers from Thailand and Singapore shared their findings on the syndicate. The 38-year-old man allegedly used a complex network of bank accounts to remit the prostitution earnings of the vice workers from Singapore to Thailand, while the 36-year-old man allegedly supported the syndicate in the transnational vice operations, said the Singapore police. Investigations are ongoing. Photos from past anti-vice ops related to the syndicate. PHOTOS: SINGAPORE POLICE FORCE In the statement, Singapore's Senior Assistant Commissioner of Police (SAC) Yeo Yee Chuan stressed the importance of cooperation in areas such as information sharing, operations and investigations, in combating transnational syndicated crime. 'The SPF is committed to working closely with our regional partners, and we thank the RTP for their invaluable collaboration in dismantling this criminal network to prevent the exploitation of women, stem the scourge of transnational crimes and take affirmative actions against the laundering of criminal proceeds,' said SAC Yeo, who is the deputy director of the Criminal Investigation Department. Thailand's Police Lieutenant General Jirabhop Bhuridej added: 'The dedication and professionalism of the SPF and RTP officers were instrumental in the successful cross-border operational collaboration which led to the apprehension of the transnational criminal syndicate.' Additional reporting by Lok Jian Wen Join ST's WhatsApp Channel and get the latest news and must-reads.
Yahoo
4 days ago
- Business
- Yahoo
BofA Clients Embrace the Latest $10 Million Limit on US Real-Time Payments
Bank of America Corporation (NYSE:BAC) is among the 11 Best Financial Services Stocks to Buy Right Now. It has made it possible for business clients to use the new $10 million limit for real-time payments on the RTP® network. A professional banker providing consultation to a customer in the security of his office. This comes after The Clearing House recently raised the ceiling from $1 million. More than half of Bank of America Corporation (NYSE:BAC)'s real-time payment value in the United States now consists of transactions totaling over $1 million in just six weeks. The bank played a key role in the development of the RTP network as a co-owner of The Clearing House. The increased transaction cap expands BofA clients' use cases to include real estate closings and corporate deal settlements. Bank of America Corporation (NYSE:BAC)'s head of Global Payments Products, AJ McCray, stated the wider uses and effectiveness that instant payments allow. GPS Global Corporate Sales co-head Jay Davenport identified advantages like increased cash flow and transparency. The RTP network offers instant settlement and remittance communications and operates around the clock in accordance with ISO 20022 standards. Bank of America Corporation (NYSE:BAC)'s corporate reach spans 94% of the Fortune 500 and 73% of the global Fortune 500. While we acknowledge the potential of BAC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025. Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
