Under the draft SHANTI rules, operators must hold an insurance policy, financial security or both, though those running Central Government-owned installations are exempt.
Malaysia is expected to expand its data centre capacity more than tenfold, ranking alongside India and Japan among the region’s fastest-growing AI infrastructure markets.
With more than 30 years of experience serving Korean and Asian shipping clients, Kim will lead the club's efforts to expand its membership base in Korea.
The Labuan-based reinsurer plans to deploy additional capital to fill capacity gaps left by competitors retreating from certain countries and regions amid a softening market.
The product provides protection against economic losses caused by navigation system disruption, including port-entry bans, vessel detention and delayed departures.
