Saturday, 27 February 2021

Huawei: COVID-19 closed many doors, but innovation offers a window of hope

Shanghai, February 23, 2021: At the opening ceremony of Mobile World Congress Shanghai 2021, Huawei's Deputy Chairman Ken Hu spoke about the huge impact that COVID-19 has had on countries, enterprises, and people around the world, as well as the role technology plays in combatting the pandemic.

"Innovation isn't just about solving the challenges we face today," said Hu. "It's about lighting up tomorrow. Once we get the pandemic under control, we need to think hard about how we can innovate to improve quality of life, make businesses smarter, and create a more inclusive world." He explained that, while unequal access to digital technology and digital skills has widened the digital divide, the pandemic has made the situation significantly worse. "We have to focus innovation on bridging the gap between the haves and have-nots, and on driving digital inclusion".

Saturday, 27 February 2021

Philips meets its ‘Healthy people, Sustainable planet’ targets and forges ahead with integrated ESG framework

Kuala Lumpur, Malaysia – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that it successfully met all the targets set out in its 2016 - 2020 ‘Healthy people, Sustainable planet’ program. Key achievements of the program include carbon neutrality in its operations, 100% electricity from renewable sources, over 70% of sales from Green Products and Services [1], 15% of sales coming from circular revenues, recycling 90% of its operational waste, and sending zero waste to landfill. 

“I am pleased that we have delivered on all the targets set out in our Healthy people, Sustainable planet program, making Philips one of the first health technology companies in the world that has become carbon neutral in its operations,” said Frans van Houten, CEO of Royal Philips. “Our current integrated ESG framework builds on this success, and we are determined to join forces with all necessary stakeholders, public and private, to drive environmental, social and governance priorities and generate global impact. With the COVID-19 pandemic and climate change exposing the risks in terms of people’s health and access to quality healthcare, we are committed to building inclusive and resilient healthcare systems, while reducing our dependency on natural resources.”

Saturday, 27 February 2021

Malaysia’s Manufacturing Industry Urged to Leverage Automation to Reduce Workplace Injuries and Improve Employee Morale

MALAYSIA, 24 February 2021 - Universal Robots (UR), Denmark-based collaborative robots (cobots) technology market leader, today urged local manufacturers to accelerate robotic automation and increase productivity, while reducing workplace injuries. 

According to the Department of Occupational Safety and Health (DOSH) under Ministry of Human Resource, Malaysia recorded 5,422 occupational accidents from January to September 2020 alone with total deaths numbering 152. The accidents were most prevalent in manufacturing sector at 63.2%; agriculture, forestry and fisheries at 14.4%; and the remaining 22.4% across other industry sectors.

Most local manufacturers are currently facing a growing skilled talent shortage, which strains its overall productivity and growth. At the same time, employers are also facing immense costs associated with workp

Friday, 26 February 2021

TIME Records Sustained Growth for FY2020

Shah Alam, 26 February 2021 – TIME dotCom Berhad (“TIME” or “the Group”) recorded a consolidated Group revenue of RM1,223.2 million for the financial year ended 31 December 2020 (FY2020). This represents a 9.8% increase over the same period of the preceding year with Retail and Wholesale customer groups leading the contributions to revenue growth. The Group’s Data and Data Centre product groups recorded higher sales resulting in year-on-year revenue growth of 10.7% and 8.6%, respectively.

The Group’s consolidated profit before tax grew to RM423.1 million for the period under review, a RM95.0 million increase over the RM328.1 million recorded for the same period in FY2019. The increase can be attributed to higher overall revenue, higher dividend income and a higher share of profits from associates.

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