Malaysian Business

Malaysian Business

The Open Vault, the FinTech and Innovation unit of OCBC Bank (Malaysia) Berhad has been official unveiled by Malaysia Digital Economy Corporation (MDEC) vice president of Growth Ecosystem Development, Norhizam Kadir.

Norhizam said the creation of the Bank’s unit on the 27th floor of Wisma Lee Rubber, Jalan Melaka, is expected to drive OCBC Bank’s progression into the digital era.

The Malaysian Institute of Estate Agents (MIEA) and AirAsia have announced their partnership through a Memorandum of Understanding (MoU) signing ceremony to offer greater travel flexibility for MIEA members.

The MoU was signed by MIEA President Eric Lim and AirAsia Group Head of Corporate Sales Alex Tan Heng Lay.

CIMB Group’s inaugural 3D Conquest hackathon recently shortlisted 35 teams from an initial list of 715 teams, comprising 3,000 university students.

Running on three tracks – Data Science, FinTech and Coding – the 3D Conquest was organised to identify the region’s young digital talents as part of CIMB’s contribution towards ASEAN’s future development.

Monday, 10 December 2018

Astro to Undertake VSS

Given the current challenging overall economic landscape, Astro Malaysia Holdings Berhad will be undertaking a Voluntary Separation Scheme (VSS) that will allow the Group to further simplify the organisation, enhance operational efficiency and reduce annual operating expenses.

The VSS is offered purely on a voluntary basis.

Three subsidiaries of Scomi Group Bhd have, on Dec 7, applied for Judicial Management via a Judicial Management Order (“JM Order”) from the High Court of Malaya, Shah Alam as part of its exercise to undergo a financial restructuring scheme to put it on a firm footing.

The three companies are Scomi Engineering Bhd (SEB, Scomi Rail Bhd (SRB) and Scomi Transit Project Brazil (Sao Paulo) Sdn Bhd (STPBSP).

Cycle & Carriage Bintang Berhad has launched the Mercedes-Benz Star Mobile, a first-of-its-kind in Malaysia.

The Mercedes-Benz Star Mobile, housed within a Mercedes-Benz Vito, is designed to give customers the luxury of convenience and hassle-free maintenance services for their cherished Mercedes-Benz vehicles.

Friday, 07 December 2018

Malindo Air Landed in Tawau

Malindo Air, a premium airline in Malaysia, has commence its inaugural flight to Tawau this morning. Flight OD1700 departed from Kota Kinabalu International Airport (KKIA) at 8:10a.m. and arrived Tawau Airport at 9:00a.m.

The returning flight OD1701 from Tawau is scheduled at 9:40a.m. and will arrive in KLIA at 10:40a.m. A narrow-body Boeing 737-800 aircraft, comprising of 12 Business Class and 150 Economy Class seats is deployed for the daily flight.

The Association of Malaysian Medical Industries (AMMI) announced its Medical Device Industry Status and Outlook Report 2018/2019 which is based on a survey completed by 46 AMMI members, constituting a 69% response rate.

The report contains comprehensive analysis of export overview, sourcing of raw materials and components, growth in cumulative investments and challenges faced by the industry as well as the medical device industry’s outlook for 2019.

As the Chinese New Year 2019 approach, Brands Suntory Malaysia introduces specially designed all-new Brand’s Essence of Chicken festive gift packs.

The cheerful designs are based on contemporary Chinese patterns with a modern twist. Combining bright colours and traditional motifs, the gift packs prominently display the word fú , a symbol that Brand’s helps you offer the blessing of health.

Driven by its digital transformation, out-of-home (OOH) advertising has become the fastest growing traditional media channel. However, the medium still lacks measurement to help marketers evaluate and improve their campaigns.

Moving Walls, an advertising technology company, is introducing billboard audience data for brands to evaluate and improve their media spends.

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