PETRONAS, currently the world’s third-largest LNG producer has urged producers and consumers of liquefied natural gas (LNG) to collaborate towards encouraging growth and sustainability of the industry.
Its President and Group CEO Wan Zulkiflee Wan Ariffin (pic) warned that while demand for LNG has grown, there is a possibility of industry stagnation if LNG prices do not encourage necessary investments to sustain the business.
Maxis and Transaction Network Services (TNS) have entered into a collaboration to offer best in class secure managed network for payments and financial institutions. With the combination of its superior high-speed network and TNS’ expertise in global secure payment solutions, Maxis will be able to provide a worry-free, fully managed offering to businesses.
Domestic demand remains the primary driver of Asia’s growth, despite sharp acceleration in exports growth at the start of the year, according to ICAEW’s latest Economic Insight: South-East Asia report. Exports continue to be an important factor, as healthy foreign trade underpins domestic consumption and investment, particularly in East Asia.
The region enjoyed robust GDP growth for the first half of 2017, driven mainly by domestic demand. In many countries, the contribution of net external trade to headline GDP growth was negative and was outpaced by import growth. Asia’s supply chain mechanisms and resilient domestic demand are likely to lead to import growth as exports and overall growth improve.
Financio, a wholly owned entity within Asian Business Software Solutions Sdn Bhd (ABSS) today signed a strategic agreement with Microsoft to empower micro SMEs in Malaysia and accelerate their digital transformation journey.
Designed for start-ups, small business owners and non-accountants, this unique platform will be the first freemium accounting application in Malaysia that has adopted Microsoft cloud services to provide end-to-end, scalable solutions for micro SMEs in the digital economy.
AIMS Group ‘AIMS), the country’s most interconnected carrier-neutral data centre, Group CEO, Chiew Kok Hin, who today shares his aspirations for Budget 2018, hopes the government will reclassify the data centre industry as a manufacturer to bring down the tariff of power for the industry which will lower the cost of our operations.
“These savings will be passed on to our customers, making Malaysia more attractive and economically viable option for global investment.”
MAN Truck and Bus (M) Sdn Bhd (MAN) announced it has started providing mobile service workshops to customers - where MAN brings the workshop to the customer’s doorsteps instead of requiring customers to bring their vehicles to the standard workshops for service and maintenance.
Thayalan Subramaniam, Head of After Sales, MAN Truck and Bus (M) Sdn Bhd said, “This is an ideal option for some of our customers who do not have easy access to regular service workshops, due to their location or other factors. By having our mobile workshops come to them, they can save travel time and cost and their drivers can be assigned to other vehicles while the service is being done at their facility, thereby improving uptime and overall productivity.”
Malaysia and ASEAN’s largest Islamic bank in terms of total assets, Maybank Islamic Berhad has emerged as the Best Global Islamic Financial Institution award, its first ever, at the Global Finance Awards 2017 ceremony, held in Washington last Saturday.
It was also recognised as the Best Global Sukuk Bank and Best Global Provider of Shariah-Compliant Short-Term Investments – the Bank’s second consecutive wins in both categories.
OCBC Bank (Malaysia) Berhad CEO Datuk Ong Eng Bin led the way as a hundred of his staff planted 80 hardwood and fruit-bearing trees at Field 43 of the Forest Research Institute of Malaysia (FRIM) recently.
The go-green initiative, spearheaded by a team of OCBC Young Bankers, saw saplings of trees such as cengal, merbau, rambai and jambu bol planted at the designated spots in the world-renowned man-made forest reserve.
In view of the upcoming Budget 2018, the National ICT Association of Malaysia (PIKOM) as the ‘Voice of the ICT Industry’ proposes the following recommendations to the Malaysian government for inclusion in the budgetary plans for the coming year.
These recommendations will provide a needed boost for the digital economy which comprise of a wide range of sub-sectors including ICT hardware, software, services, communications and e-commerce.
SIRIM, a leading research and technology agency under the Ministry of Science, Technology and Innovation (MOSTI), y signed seven Memorandums of Understanding (MoU) with various parties including institutions of higher education and private companies to enable collaborations in technology and commercialisation, in conjunction with the National Innovation and Creative Economy Expo (NICE) 2017 organised by MOSTI, here.
The MoU with Universiti Teknologi Petronas will enable both parties to explore collaboration in the fields of testing and analytics, joint research, consultancy services, practical training and technology transfer. SIRIM also signed an MoU with local innovation company, Zull Design Autotronic, for partnership in the areas of training, consultancy and technical guidance to produce skilled workforce in design and fabrication.