Items filtered by date: May 2018

The Green Technology Financing Scheme (GTFS) 2.0 was launched in Kudat, Sabah by Datuk Seri Panglima Dr. Maximus Johnity Ongkili, the Minister of Energy, Green Technology & Water to accelerate the growth of green technology industry in Malaysia. 

GTFS was introduced by the Government in 2010 aimed at encouraging local companies and entrepreneurs to be involved in green technology-based projects to support the national green technology agenda. 

Published in GENERAL

The Asian Institute of Alternative Dispute Resolution (AiADR) was officially launched in conjunction with the Asian International Arbitration Centre (AIAC)’s Asia ADR Week 2018. 

The launch was officiated by H.E. Professor Dr. Kennedy Gastorn, the Asian-African Legal Consultative Organization (AALCO) Secretary-General and Dato’ Quek Ngee Meng, Malaysia-China Business Council Director and AiADR Vice President, at the AIAC’s 40th Anniversary Gala Dinner held at the Grand Hyatt, Kuala Lumpur.

Published in GENERAL

OCBC Al-Amin Bank Bhd (OCBC Al-Amin) registered a 27% increase in net profit from RM151 million in 2016 to RM192 million last year, its ninth full year of operation. 

With this OCBC Al-Amin has increased its net profit more than 11 times since its first full year of operations when it registered a net profit of RM17 million in 2009. 

Published in CORPORATE

Fraser & Neave Holdings Bhd aims to expand its share in the ready-to-drink market with the introduction of a broader portfolio of healthier choice products while supporting Government’s call for lower sugar content in beverages. 

The Group’s newest introduction – 100PLUS Reduced Sugar (with only four per cent sugar, the lowest in the industry and WITHOUT any alternative or artificial sweetener), will boost 100PLUS’ total healthier choice portfolio and expand the brand’s reach beyond traditional user occasions. 

Published in CORPORATE

Award-winning author Datuk Dr Mohd Daud Bakar has launched two of his latest books at the ongoing Kuala Lumpur International Book Fair at the Putra World Trade Centre on May 1, 2018.

The Amanie Group chairman and Malaysian Business Editor-In-Chief unveiled the two books, titled Shariah Is Life and Pulun, at the main stage of the PWTC in front of a full house attendants.

Published in GENERAL
Friday, 04 May 2018 13:10

ZeptoExpress Expands to East Malaysia

ZeptoExpress recently expanded its high-technology delivery solutions to Sabah, East Malaysia, through the signing of a memorandum of understanding (MOU) with EPost during GREAT 2018.

Permanent Secretary of Ministry of Industrial Development, Datuk Haji Hashim Paijian; PUMM National Vice President, Sabah State Chairman and GA Group CEO Dato’ George Lim; NCT Group CEO Thomas Ng; and MaGIC CEO Ashran Dato’ Ghazi witnessed the MOU exchange between EPost Director and NCT Group Business Development Director Tobin Ng, ZeptoExpress CEO and Co-Founder Izzairi Yamin as well as ZeptoExpress COO and Co-Founder Syairil Reza.

Published in GENERAL

The Securities Commission Malaysia (SC) yesterday called upon venture capital (VC) management companies to apply for the RM1 billion fund committed by major institutional investors, as announced in Budget 2018.

The Venture Capital Fund Co-ordination Committee, comprising senior representatives from major institutional investors and chaired by the SC, has been established to co-ordinate the assessment and selection process of potential submissions by VC management companies. 

Published in MARKETS

Hijauan on Cavenagh a development by SDB Asia Pte Ltd, a wholly owned subsidiary of Selangor Dredging Berhad (SDB), has won the World Silver Winner of FIABCI World Prix d’Excellence Awards 2018 in the Residential (Mid-Rise) category.

Hijauan on Cavenagh comprises 41 residential units, located in the prime and green tree-lined Cavenagh Road. It is located adjacent to the grounds of the Istana, yet just a short walk away to the shopping belt of Orchard Road and the Somerset MRT station, via a pedestrian link bridge.

Published in GENERAL

BMW Group Malaysia and Sime Darby Auto Engineering (SDAE), a division of Sime Darby Motors today opened the doors to the new SDAE Engine Assembly Facility in Kulim, Kedah.

Speaking at the opening ceremony, Datin K. Talagavathi, Deputy Secretary General (Industry) of Ministry of International Trade and Industry Malaysia said, “I am pleased to officiate the opening of the new Sime Darby Auto Engineering Engine Assembly Facility here in Kulim, Kedah today. The new engine assembly facility developed through the partnership and initiatives of Sime Darby Motors and the BMW Group, will not only boost the local capabilities and regional competitiveness of the country but will also create employment opportunities and raise technical competency skills for Malaysians.” 

Published in GENERAL

Aberdeen Asset Management Sdn Bhd, a wholly-owned subsidiary of Aberdeen Asset Management plc who in turn held by Standard Life Aberdeen plc, announced the launch of its first diversified multiasset strategy in Malaysia on 17 April 2018. 

The Aberdeen Global Diversified Growth Fund is the Group’s first feeder fund that invests in a Luxembourg-domiciled fund to be available through intermediaries for sophisticated investors in Malaysia. It is currently distributed by Standard Chartered Bank Malaysia Berhad.

Published in GENERAL
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