Items filtered by date: November 2017

Buying a medical plan is often a complex and frustrating effort for diabetics due to the seriousness of the illness.  Worry no more. 

Allianz Life Insurance Malaysia Berhad’s brand new Allianz Diabetic Essential is especially designed for diabetics. The medical plan offers those with type 2 diabetes a chance to get medical coverage and make living with diabetes less of a struggle.

Published in GENERAL

The financial services industry is going through a period of extraordinary transformation. After centuries in which pen, paper and physical cash ruled banking interactions, digital technology is now bringing a new level of analysis, connectivity and transaction power literally to customers’ finger tips. 

These changes have happened in just the last few years – and they serve a new generation of customers, who have grown up in the digital world. They demand convenient services and new ways of accessing them, wherever and whenever they want. They need agile, rapid services operating in real time that are competitively priced and personalised. All of this needs to happen in a safe environment, where their data is protected. 

Published in FEATURES

BIMB Investment Management Berhad (BIMB Invest), a wholly-owned subsidiary of Bank Islam Malaysia Berhad, declared 7.5% income distribution yield for its income and growth fund, the BIMB i Dividend Fund (“the Fund”). 

Published in MARKETS

Berjaya Corporation Berhad yesterday announced that Tan Sri Dato’ Seri Vincent Tan Chee Yioun, the Founder and Adviser to the Berjaya Corporation group of companies, has returned to the Board of Directors of the Company and assumed the position of Executive Chairman with immediate effect.

Datuk Seri Robin Tan Yeong Ching will accordingly relinquish his position as Chairman of Berjaya Corporation Berhad and will continue to remain as the Chief Executive Officer of the Company.

Published in GENERAL
Thursday, 02 November 2017 11:57

AirAsia Group CEO Launches Memoirs

AirAsia Group CEO Tan Sri Tony Fernandes yesterday launched his memoirs, Flying High, a look back at his journey from music man to airline man.

The book was unveiled at a star-studded affair at Marini’s On 57 in Kuala Lumpur today, in the shadow of the Petronas Twin Towers.

Published in GENERAL

The World Bank's Doing Business Report 2018 (DB 2018) released today, continues to rank Malaysia among the top 25 economies in the world with a favourable business climate.  At 24th position among 190 economies, Malaysia’s ranking is marginally lower than the 23rd position last year. 

Despite the slight decline, Malaysia actually recorded an improvement by 0.96 in terms of overall distance to frontier (DTF) score, from 77.47 in the previous year to 78.43 this year. The drop in ranking was a result of reforms undertaken by the UAE translating to an increase in DTF score of 1.87, enabling them to leapfrog from 26th last year to a ranking of 21st this year.   

Published in GENERAL

Metro Parking (M) Sdn. Bhd. (“Metro Parking”), a wholly owned subsidiary of Damansara Realty Berhad (“Damansara Realty or the Group”), has been appointed to manage the parking facilities for Dataran Maybank, Etiqa Twins and Akademi Etiqa buildings in Kuala Lumpur. The parking facilities management contract won is valued at RM1.1million for a 36-months tenure.

Group Chief Executive Officer of Damansara Realty, Brian Iskandar Zulkarim said that the new contracts are a boost to Metro Parking’s growing order book for parking management services, not just in Malaysia but in the region. 

Published in GENERAL

Axis REIT Managers Berhad (ARMB), the Manager of Malaysia’s largest Islamic Business Space and Industrial Real Estate Investment Trust, as well as Malaysia’s first REIT to be listed on Bursa Malaysia Securities Berhad; the Axis Real Estate Investment Trust (Axis-REIT) announced that RHB Trustees Berhad, the Trustee of Axis-REIT on behalf of Axis-REIT has on 1 November 2017, entered into a sub-lease agreement with Malaysia Airports Holdings Berhad (MAHB) to lease 7.02 acres of vacant land in Subang for RM19,876,428 for a lease tenure of 49 years expiring on 30 December 2066.

The Project Land is located within the proposed Malaysia International Aerospace Centre (MIAC) Technology Park, Sultan Abdul Aziz Shah Airport, Subang. It is situated at the western side of Jalan Masjid, Off Jalan Lapangan Terbang Subang, Section U3, Subang, Selangor. The Sultan Abdul Aziz Shah Airport is approximately three kilometres away from the Project Land.

Published in CORPORATE

United Overseas Bank (Malaysia) Bhd (UOB Malaysia) has launched UOB Mighty, an all-in-one mobile banking app that enables customers to turn their smartphones into electronic wallets and to enjoy great dining deals in Malaysia and across the region. UOB Mighty is the first mobile banking app in Malaysia to incorporate banking, dining and payment features in a single app.  

To satisfy Malaysian consumers’ love of food and dining out, UOB Malaysia designed the UOB Mighty app to offer its customers a suite of dining-related services including a directory of more than 2,000 restaurants in Malaysia, Singapore and Thailand. Through the app, customers can search for restaurants, make a booking, submit a review and conveniently make cashless electronic transactions when they dine out. The features of the UOB Mighty app suit the lifestyles and preferences of Malaysian consumers.

Published in GENERAL

The Signature Group infuses contemporary Italian design and elegance in the local kitchen market with the debut of the MIAMI Kitchen, in collaboration with Biefbi Cucine and Bertone Design from Italy. 

As part of the Italian Festival 2017/18, the celebratory event held at the Signature Kitchen Lifestyle Gallery in Kota Damansara, was attended by distinguished guests, developers, architects, designers, media clients and graced by honorary guest, the Italian Ambassador in Kuala Lumpur, H.E Cristiano Maggipinto. Also present were Dr Samuele Porsia, the Italian Trade Commissioner, Mr Aldo Cingolani, CEO and founder of Bertone Design, and Biefbi Asia & Middle East Sales Director, Mr Francesco Battistelli. 

Published in GENERAL
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