Items filtered by date: April 2018

Tariff negotiations have yet to start and broader equity market swings have become a new way of life. If the United States follows through on President Donald Trump’s threat to slap tariffs on an additional $100 billion of Chinese goods, investors fear that this tit-for-tat action could escalate. Fortunately for call warrant traders, volatility is always welcome.

“Responding to market demand, these 24 new warrants from 6 sectors will provide trading opportunities in a volatile market,” said Kenanga Investment Bank Berhad executive director and head of group equity broking, Lee Kok Khee.

Published in MARKETS

YTL Power International Berhad (YTL Power) today signed a Collaboration Agreement with Agensi Inovasi Malaysia (AIM) and the Global Peace Foundation (GPF) to provide RM184,600 of funding into the Communities Unite for Purewater (CUP) social intervention programme run by the Global Peace Foundation. 

CUP seeks to provide clean and safe water to uplift the welfare of targeted rural and underserved communities, particularly Orang Asli communities in West Malaysia and other indigenous communities in East Malaysia. Based on the latest estimates from WHO/UNICEF Joint Monitoring Programme 2017, it has shown that 3 in 10 people worldwide, or 2.1 billion, lack access to safe, readily available water at home, and 6 in 10, or 4.5 billion, lack safely managed sanitation.

Published in GENERAL

AirAsia X Malaysia has received its third biennial IATA Operational Safety Audit (IOSA) registration, affirming its commitment to the highest standards of operational safety.

IOSA is an internationally recognised and accepted evaluation system designed to assess an airline’s operational management and control systems, and is regarded by the industry as the global benchmark for safety management.

Published in GENERAL

Fortinet, a global leader in broad, integrated and automated cybersecurity solutions, today called for established financial institutions and their fintech partners to jointly address critical cybersecurity needs in order to forge successful collaborations. 

The general lack cybersecurity safeguards in fintech companies has raised serious concerns around data protection and compliance, especially with the implementation of EU’s GDPR in May 2018. The recent spate of global cyberattacks has also emphasized the need for application security and cloud protection.

Published in FEATURES

The ASEAN Data Startup Accelerator (ADSA), a programme by the Malaysia Digital Economy Corporation (MDEC) in partnership with the Open Data Institute (ODI), saw to the graduation of its first 19 data driven startups, solidifying MDEC’s commitment towards the growth of big data in Malaysia and the region.

ADSA is a six-month accelerator programme designed to help startups in the ASEAN region to cultivate network, business and data skills; through a series of intensive boot camps conducted in ASEAN Data Analytics Exchange (ADAX). Participants will be able to work in a community of startups that allows for peer learning and support, access a global network of mentors and previous ODI startups, as well as exposure to a wide curriculum of startup trainings. ADSA startups will also receive hands-on support on the area of business development and get a head start on building valuable relationships with MDEC and ODI at the early phases of their careers.

Published in GENERAL

Sarawak Shell Berhad and its partners PETRONAS Carigali Sdn Bhd. and Sapura Exploration and Production (Sarawak) Inc. (Sapura E&P) are pleased to announce that following Field Development Plan approval from PETRONAS they have taken Final Investment Decision (FID) on the development of the Gorek, Larak and Bakong fields in the SK408 Production Sharing Contract.

The fields will be developed as three separate wellhead platforms tied back to the existing Sarawak Shell Berhad operated F6 processing facility. 

Published in CORPORATE

Sapura Energy Bhd today announced that its wholly-owned subsidiary, Sapura Exploration and Production (Sarawak) Inc. (formerly known as SapuraKencana Energy Sarawak Inc.; “Sapura E&P”) and its partners, PETRONAS Carigali Sdn Bhd and Sarawak Shell Berhad, have taken Final Investment Decision (“FID”) to develop the Gorek, Larak and Bakong fields as phase 1 in the SK408 Production Sharing Contract. 

The FID follows the Field Development Plan approval from Petroliam Nasional Berhad and concurrently, the signing of the key terms to the gas sales agreement for phase 1 of the SK408 gas field development. 

Published in CORPORATE

HMD Global announced that the Nokia 1 and Nokia 7 plus are now available from all Nokia retailers nationwide beginning April 13 and April 20 respectively.

Nokia 1 - Quality of Nokia smartphones for everyone

A breakthrough in accessible technology, the Nokia 1 delivers smartphone essentials, in a refreshingly familiar design and the reassuring quality of a Nokia phone to fans. Running the latest Android Oreo™ (Go edition), a version of Android for devices with 1GB RAM or less, the Nokia 1 delivers extraordinary value with an exceptional experience encompassing all the features you’d expect from a quality smartphone.

Published in GENERAL
Tuesday, 10 April 2018 15:05

Malaysians To Vote on May 9

Malaysians will go to the polls on May 9, which falls on a Wednesday, the Election Commission (EC) announced earlier this morning.

This marks the fourth time in the country’s history that polling day is held on weekday.

Published in GENERAL

Continental, the technology company and premium tire manufacturer, has launched its ContiConnect digital tire monitoring platform. 

The tire manufacturer has created a solution for tire problems for the entire fleet in a single web portal, everytime the trucks return to the fleet yard.

Published in GENERAL
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