Items filtered by date: February 2018

Bayer Co. (Malaysia) Sdn Bhd (Bayer) launched Bayer Patient Assistance Program (BayPAP) Web App, an innovative, technology-driven tool to complement the patient assistance program for cancer patients, particularly those with liver cancer. 

The user-friendly BayPAP Web App, a collaboration between Bayer and healthcare services provider, Zuellig Pharma, provides patients and their physicians to access a specially-designed portal that provides both parties a ‘paperless’ experience and a holistic record of the patient’s treatment duration on Bayer’s medication as well as their history of redemption. This will allow the patients, together with the loved ones, to effectively monitor and diligently stay on course with their treatment.

Published in GENERAL
Wednesday, 07 February 2018 11:29

Industry Welcomes Malaysia-Singapore Connect

The local banking industry lauded the soon-to-be established Malaysia-Singapore Connect, as announced by the Prime Minister Datuk Seri Mohd Najib Razak at the World Market Capital Symposium yesterday.

Najib announced the establishment of the Malaysia-Singapore Connect, which will enable stock market investors from each country to trade in the other,seamlessly and enable investors from both countries to access into a market capitalisation (market cap) of over US$1.2 trillion, through over 1,600 public listed companies.

Published in MARKETS

After 10 years of continuously enriching communities in 

Malaysia, the former GAB Foundation recently unveiled its new identity - SPARK Foundation. Now, the Foundation comes with a renewed vision to grow with local communities in the a reas of environmental conservation and education through strategic partnerships for a better tomorrow.  

Published in GENERAL

The Royal Award for Islamic Finance announced a global search to honour an exceptional individual in the field of Islamic finance, with the opening of nominations for the fifth recipient of the Royal Award.

The Royal Award, inaugurated in 2010 as a biennial award, is an initiative spearheaded by Bank Negara Malaysia (BNM) and the Securities Commission Malaysia (SC) to recognise Islamic finance leaders and visionaries who contribute significantly to the growth of Islamic finance globally and social progress of communities around the world.

Published in GENERAL
Wednesday, 07 February 2018 11:22

Qatar Airways Flies to Penang

Qatar Airways’ first non-stop flight to Penang touched down today at Penang International Airport yesterday, inaugurating the airline’s second destination in Malaysia, as it continues its robust expansion plans throughout Southeast Asia.

Qatar Airways flight QR 850, operated by a Boeing 787 Dreamliner, departed Hamad International Airport on Tuesday at 02:30 am and arrived at Penang International Airport at 14:30 on Feb 6.

Published in GENERAL

Gas market reforms are critical to Malaysia’s long-term energy and economic security needs. 

The President of Malaysian Gas Association, Hazli Sham Kassim, said natural gas has always played a fundamental role in supporting Malaysia’s economic development.  

Published in GENERAL

The ASEAN Insurance Council (AIC) called on industry stakeholders throughout ASEAN to take an active role in driving local and regional economic growth by funding critical infrastructure developments through private-public partnerships at the recent World Economic Forum in Davos.

The projection is that ASEAN’s infrastructure development will require as much as US$3.1 trillion in investment by 2030. Malaysia comes in fourth highest after Thailand, with a total of US$30 billion of expected annual infrastructure spending.

Published in GENERAL

Standard Chartered Malaysia and its Islamic subsidiary, Standard Chartered Saadiq has raised the interest, financing and profit rates from Monday, 5 February 2018. 

The base rate (BR), base lending rate (BLR) and base financing rate (BFR) will be increased by 0.25% or 25 basis points (bps) to 3.77% and 6.95% respectively. The fixed deposit (FD) board rates will also increase by between 20bps to 25bps on the same day. 

Published in GENERAL
Wednesday, 07 February 2018 11:10

Hartalega Q3 PAT Up by 70%

Hartalega Holdings Berhad (Hartalega), the world’s largest synthetic glove manufacturer, recorded a profit after tax (PAT) of RM113.1 million for its third quarter ended 31 December .

This represents a 70.4% hike compared with RM66.4 million in the previous year’s corresponding quarter. Profit before tax (PBT) grew by 77.3% to RM138.9 million from RM78.3 million in the same quarter last year, while revenue rose by 32.2% to RM603.1 million. 

Published in CORPORATE

The Securities Commission Malaysia (SC) and the Monetary Authority of Singapore (MAS) will work together to facilitate the establishment of a stock market trading link between Bursa Malaysia (BM) and Singapore Exchange (SGX) by the end of this year. 

The trading link will allow investors to trade and settle shares listed on each other’s stock market in a more convenient and cost-efficient manner. Retail investors notably will benefit from such a link. 

Published in MARKETS
Page 9 of 11