Items filtered by date: August 2017

One of the most influential, iconic and award-winning fashion designers in Malaysia and the region, Melinda Looi and Epson Malaysia (www.epson.com.my) – a global leader in digital imaging and printing solutions, came together on the runway of the Kuala Lumpur Fashion Week (KLFW) 2017 to showcase an innovative collaboration – THE INTERIORS.  

Drawing inspiration from the decorative elements and components of interior space, THE INTERIORS collection looks at the curation of space with an eclectic mix of textures, patterns and colours. What makes this collection even more special is the use of Epson’s digital textile printing for the 20 creations in Melinda Looi’s 2018 collection that was first showcased at the KLFW 2017.  

Published in GENERAL

IKEA, the world’s largest furniture retailer headquartered in the Netherlands, has made a strategic decision to establish its Regional Distribution and Supply Chain Centre for ASEAN in Malaysia. 

The Centre, which will adopt the structure and technology of IKEA’s biggest Regional Distribution Centre in Germany, will also be among the top 10 largest Regional Distribution Centres of IKEA Group globally. 

Published in GENERAL

It is full speed ahead for Cyberview Sdn Bhd’s push to elevate Cyberjaya’s offerings as a model for Smart City developments nationwide. Through its partnership with two innovation challenges targeted at Malaysian STEM students in July and hosted at Cyberjaya, the Tech Hub Enabler gave challenge participants a glimpse of the work that goes into formulating solutions for Smart City issues.

Participants in the Cyberview track of Innovate Malaysia Design Competition 2017 were challenged to propose Internet of Things (IoT) solutions to improve city traffic management issues including urban parking and traffic flow management. For the Selangor leg of the Young Innovators Challenge 2017, Cyberview sponsored 8 schools in preparation for the competition with the assistance of some 20 Cyberjaya Ambassadors – students hand-picked to contribute towards Cyberjaya’s continued development. 

Published in GENERAL

Deepening individual capital markets will help address critical funding gaps in ASEAN, including infrastructure development needs, by allowing issuers to raise affordable capital at scale and providing investors with viable and diverse options to deploy short- and long-term domestic savings. This is a prerequisite to address the disparity in maturity of capital markets across the region and promote better ASEAN capital market integration.

These issues were discussed during a roundtable titled, “Deepening Capital Markets in ASEAN: Opportunities and Challenges” which was organised by CIMB ASEAN Research Institute (CARI) today, in collaboration with the ASEAN Business Club and McKinsey & Company (McKinsey). 

Published in GENERAL

Veteran building contractor Inta Bina Group Bhd plans to establish a footprint in the affordable housing segment after listing.

The Company is expected to take a more active approach in tendering for affordable housing projects in the Klang Valley from private housing developers under the federal and state affordable housing scheme.

Published in CORPORATE

PETRONAS Dagangan Berhad (PDB) registered profit before tax of RM317.2 million for the second quarter of the year, a 27% increase compared to the corresponding quarter last year of RM 249.7 million. The increase is attributable to higher gross profit and other income, as well as lower operating expenditure.

Revenue for the quarter ended 30 June 2017 was RM6,505.3 million, a 22%  increase compared to the corresponding period last year. The result was achieved due to a 28% higher selling price, following higher average Mean of Platts Singapore prices.

Published in CORPORATE

Overseas Assurance Corporation (Malaysia) Berhad (OACM), has been rebranded Great Eastern General Insurance (Malaysia) Berhad (GEGM). 

With the rebranding, GEGM is poised to further grow and strengthen its customer propositions, leveraging Great Eastern’s long standing legacy and heritage in Malaysia. 

Published in CORPORATE

The Dubai Gold & Commodities Exchange (DGCX) and Ayedh Dejem Group, a conglomerate from Saudi Arabia, have agreed to develop and launch the Middle East’s first-ever Sharia compliant Spot Gold contract to be traded on an international exchange. 

The partnership enables both entities to increase their presence in the Saudi Arabian and wider GCC Islamic Finance market, and attract the interest of regional Islamic financial institutions and banks.

Published in MARKETS

AirAsia celebrated its new direct route from Langkawi to Shenzhen, with an officiating ceremony by Datuk Seri Mohd Najib bin Tun Haji Abdul Razak, Prime Minister of Malaysia at Kompleks Lang Merah, Langkawi International Airport last Saturday.

This new direct flight which will be operating three times a week, is poised to further boost the tourism on the island, in line with the Langkawi Development Authority’s (LADA) mission to tap into new foreign markets. This new unique route to China enables Langkawi to be even further developed as a world-class tourist destination.

Published in GENERAL

Razer, the leading global lifestyle brand for gamers, officially launched the zGold-MOLPoints in Malaysia last Sasturday.

To celebrate the launch, Razer and MOL hosted zGold-MOLPoints AFK @ Malaysia, a two-day gamer focused event that gives fans the chance to experience the full range of award-winning hardware, software and services that make up the Razer ecosystem.

Published in GENERAL
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