Malaysian Business

Malaysian Business

Eat Cake Today, Malaysia’s first online cake order and delivery portal, has unveiled an array of new trending cakes for their customers. 

Some of the newly introduced cakes on the portal were presented and demonstrated by three selected bakers namely Edwin Chan, founder of Elevete, Munshi from Cat and The Fiddle Malaysia and Cindy Chan, founder of Baker’s Art.

Samsung has kick-started its annual Employee Volunteer Program under the theme ‘Global Startup Acceleration Program’ for the year.

The program is a collaborative effort with the Ministry Youth and Sports Malaysia, International Youth Center (IYC) Kuala Lumpur, StartupMalaysia and Malaysian Youth Council.

Ford and its local distribution partner, Sime Darby Auto Connexion (SDAC), recently offered safe driver training and road safety awareness to corporate partners and members of the public through Ford’s global Driving Skills for Life (DSFL) programme.

More than 50 licensed drivers from corporate partners comprising telecommunications, highway maintenance and utilities companies participated in a free two half-day workshops at the Malaysia Agro Exposition Park Serdang (MAEPS).

Funding Societies Group have reached a total of more than RM600 million in disbursed working capital to nearly 7,000 SME (small and medium-sized enterprises) financing in Southeast Asia since its establishment.

The RM600 million milestone was achieved in July 2018; in only 6 months, the company doubled its total disbursement for SMEs in Malaysia, Singapore, and Indonesia. The platform provides a range of financing products to support SMEs, including invoice financing to address cash flow problems and micro-financing through its mobile app FS Bolt.

PETRONAS-licensed provider of products and services to the Oil & Gas and Petrochemical Industries, Alkahfi Lestari Oil & Gas Sdn Bhd is riding the high waves as it is set to introduce two brand new fast crewboats that will further spice up Malaysia’s offshore oil and gas industry.

To be launched in September, the Flex-42X crewboats (the 42-metre aluminium multi-role crewboats) are capable of transporting offshore workers and oilfield cargo at a speed of up to 30 knots – making them the fastest mid-sized crewboats in the world.

With rates similar to that of fixed deposits (FD), OCBC Bank (Malaysia) Berhad’s (OCBC Bank) freshly-minted Booster and Premier Booster savings accounts are set to become the new benchmark for flexible high-interest-yielding savings accounts.

OCBC Bank’s Booster account holders can enjoy a 3.25% per annum interest rate by maintaining an average balance of at least RM30,000; there is no cap to the balance. If the balance falls below RM30,000, the usual savings interest rate of 0.25% per annum will apply.

United Malayan Land Bhd (UMLand), a leading and award-winning property developer for over 20 years, officially launched Suasana Iskandar Malaysia (Suasana IM) yesterday.
As the latest landmark of Johor Bahru city and located right at the heart of the city centre, Suasana IM, an iconic mixed-use development with residential, hotel, and lifestyle components, is an integral part of the city’s progress as a modern, vibrant, and culturally-rich city in line with the state government’s Johor Bahru Transformation (JBT) Programme.

PETRONAS through its subsidiary PC Senegal Ltd, recently signed a Farm-in Agreement with TOTAL E&P Senegal SAS, a subsidiary of TOTAL, to acquire a 30% participating interest in the Rufisque Offshore Profond block, marking its entry into Senegal.

TOTAL will maintain operatorship with 60% equity alongside Société Nationale des Pétroles du Sénégal (Petrosen) which holds the remaining 10%.

PropSocial, Malaysia’s property website introduced its very first “The People’s Property Expo” at One World Hotel, Bandar Utama on August 8 to 12. 

The exhibition was joined by the nation’s renowned industry developers where the developers showcased their new launches and developments.

Sports Direct officially opened its largest store in Malaysia with 28,000 sq. ft., together with its sister company MST Golf, it is the largest sports and golf shopping destination in Malaysia with a combined size of over 43,000sq ft.

The latest generation flagship store is situated in the heart of Petaling Jaya along the Federal Highway with ample parking and the widest variety of International sports brands at the most competitive prices.

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