Items filtered by date: November 2017
Wednesday, 01 November 2017 17:23

Reebonz Boutique Opens In Kuala Lumpur

Reebonz recently opened their flagship store in Kuala Lumpur, Malaysia. Strategically located at the heart of the city’s shopping district, the newly opened 4,000 square feet physical store is the third in the world after their flagship stores in Singapore and Australia.

The store’s architecture reflects the brand’s take on modernity with a sleek minimalistic design and gold accents. Reebonz, being the largest luxury e-tailer in Southeast Asia, constantly innovates to provide their customers with consistent and complementary services across all touch points by anticipating their needs through holistic use of customer data and providing experiential relevance to targeted audience segments.

Published in GENERAL
Wednesday, 01 November 2017 17:22

Dr John Lee Hin Hock is new CEO Maybank Singapore

The current Maybank Group chief risk officer of Maybank Group Dr John Lee Hin will assume the post of CEO, Maybank Singapore, effective Dec 1, 2017. 

Lee will take over from Datuk Lim Hong Tat, the current CEO of Maybank Singapore and group head of Maybank’s Community Financial Services (CFS).

Published in GENERAL

In response to European Union Delegation to Malaysia’s comments on the EU Parliament Resolution on Palm Oil and Deforestation of Rainforests, Minister of Plantation Industries and Commodities, Datuk Seri Mah Siew Keong welcomes EU’s commitment to work together with Malaysia and other palm oil producing countries in a constructive way. 

The European Commission acknowledged that palm oil plays an important role in Malaysia’s economy, and it contributes directly and indirectly to lifting many smallholders out of poverty.  

Published in GENERAL

The Residenz Solution Sdn Bhd today launched a mobile application of its resident portal for condominiums and gated communities. The mobile app is for all residents at properties that use iResidenz portal. Android version of the app is now ready for download whereas an iOS version is targeted to be available very soon before end of the year. 

Prior to the release of iResidenz app the portal was accessible via web browsers only. iResidenz has introduced the app with an aim to enhance user experience. 

Published in GENERAL
Wednesday, 01 November 2017 17:17

Hilton Kuala Lumpur carries on its streak in 2017

Hilton Kuala Lumpur, Malaysia's 5-star luxury hotel was recently awarded the Best Business Hotel and Best Lifestyle Hotel in Malaysia at the Haute Grandeur Global Hotel Awards which took place over the weekend, along with the Hotel Awards, Hilton Kuala Lumpur's Spa & Gym further received the Best Beauty Spa in Malaysia.

The Haute Grandeur Global Hotel Awards is a prestigious globally trusted awards initiative and is one of the most important annual events on the hospitality calendar. This award brings Hilton Kuala Lumpur to a total of 11 awards in 2017 further setting the benchmark for hospitality in Malaysia and Southeast Asia.

Published in GENERAL

Tan Sri Azman Hashim, Chairman, AmBank Group has been conferred an Honorary Doctorate in Management Leadership by Universiti Teknologi Malaysia. 

The Chancellor of Universiti Teknologi Malaysia, Her Majesty Raja Zarith Sofiah ibni Almarhum Sultan Idris Shah, presented Tan Sri Azman with the Honorary Doctorate at UTM’s 59th Convocation Ceremony held on Saturday, 28 October 2017. 

Published in GENERAL
Wednesday, 01 November 2017 17:14

Crowdfunding Malaysia’s Sharing Economy 

A new research study launched today by the Asian Institute of Finance (AIF) reveals that crowdfunding is expected to accelerate in the near future as a critical source of alternative financing for micro, small and medium enterprises (SMEs) in Malaysia. 

Entitled “Crowdfunding Malaysia’s Sharing Economy: Alternative Financing for Micro, Small and Medium Enterprises”, the report describes a vibrant crowdfunding environment emerging in Malaysia following Bank Negara Malaysia’s (BNM) policy support for alternative financing and the Securities Commission Malaysia’s (SC) introduction of regulatory frameworks for equity crowdfunding (ECF) in 2015 and peer-to-peer financing (P2P) in 2016. 

Published in GENERAL

Vizione Holdings Bhd announced that its wholly owned subsidiary, Wira Syukur (M) Sdn. Bhd. received a letter of award (“LA”) for a total contract sum of Ringgit Malaysia Four Hundred and One Million Only (RM401,000,000) from Paragon Hemisphere Sdn. Bhd. for the construction of 4 blocks of office suites.

Published in CORPORATE

Sunway REIT started the financial year with an encouraging set of financial earnings in the first quarter of financial year ending 30 June 2018. Revenue increased by 9.5% year-on-year (y-o-y) to RM141.2 million, mainly contributed by higher revenue across all segments. Net property income (NPI) expanded at a stronger rate of 15.5% y-o-y to RM111.0 million on the back of higher revenue and lower property operating expenses. 

Published in CORPORATE
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