Malaysian Business

Malaysian Business

Cycle & Carriage or 合发, a leading regional automotive group in Southeast Asia with 10 brands operating in Singapore, Malaysia and Myanmar is launching a new brand promise – ‘Exceptional Journeys’.

Founded in 1899, Cycle & Carriage is celebrating its 120th anniversary in 2019 and the new brand builds on Cycle & Carriage’s passion for creating exceptional people-focused experiences.

Sustainable Energy Development Authority (SEDA) Malaysia announced the appointment of Ir. Dr. Sanjayan Velautham as the new chief executive officer with effect from January 9.

Prior to this, he served as the executive director of the ASEAN Centre for Energy (ACE) based in Jakarta, Indonesia since January 2015 reporting directly to the Governing Council consisting of Leaders of the Senior Offices on Energy from the ASEAN member states.

SAP Malaysia believes that, within today’s digital economy, customers have become more discerning with a preference for customised products to their individual taste and liking.

According to its managing director, Duncan Williamson, two main factors customers look for today are individualisation and speed.

Digi Telecommunications Sdn Bhd (Digi) announced its partnership with ManagePay Systems Berhad (MPay) and with Mastercard as a supporting payments technology partner, to offer a new payment proposition to meet the fast-evolving needs of Malaysia’s growing online community.

The partnership entails the development of a digital prepaid card, which will be made available to the public in the first half of this year, to enable access for more young Malaysians to make digital payments online and in-app across merchant locations that accept Mastercard worldwide.

The Human Resources Development Fund (HRDF) announced that Datuk Noor Farida Binti Mohd Ariffin has been named Chair of the Fund’s board of directors, effective January 1.

Datuk Farida has had a long and distinguished career in public service as a judge, legal adviser and diplomat, most notably as the Ambassador of Malaysia to Netherlands.

Permodalan Nasional Berhad (PNB) announces the retirement of its deputy president and Group chief operating officer (COO), Asset Management, Datuk Idris Kechot, effective December 31 2018.

Datuk Idris has been with the PNB Group, including with Amanah Saham Nasional Berhad (ASNB), a wholly owned unit trust management company of PNB, for more than 34 years

foodpanda, the on-demand international food delivery service kickstarts 2019 with lower delivery fees beginning January 1 nationwide.

Panasonic Malaysia launched the Panasonic Big Cubie Oven, model NU-SC300BMPQ, retailing at RM2,799 is a new addition to the extensive lineup of Panasonic Cooking product category.

Panasonic Cooking being the market leader in the Kitchen Appliances industry, Panasonic is the only brand that boasts the widest range of Cooking Appliances to suit every kitchen needs and all levels of expertise with ranges such as Panasonic smart kitchen companion.

Kenanga Investment Bank Bhd (KIBB) now offers structured warrants traders access to its latest tool Live Matrix which enables investors to view the live feed from Kenanga’s market making system, giving them easy access to real-time market data and flexibility to trade on-the-go.

According to KIBB, the volume and value being traded in structured warrants in Malaysia have grown rapidly and increased by 40.43 per cent in volume and 198 per cent in value year-on-year (Y-O-Y).

Bank Islam Malaysia Berhad has introduced a new mobile application called SnapNPay, for users to contribute to Sadaqa House, a social finance initiative that was launched by Bank Islam early this year.

In a statement, Bank Islam said SnapNpay is a mobile application developed by SnapNPay LLP which enables the public to make payments using the FPX engines by making use of the information or data listed by the customer (payee) in the mode of QR code or Barcode.

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