Tuesday, 24 October 2017

Danfoss  launches inaugural “Danfoss Drives Southeast Asia Energy Efficiency Tour” to Support Malaysia’s Industry 4.0 Plans

Danfoss, a key player in the energy efficiency space today launched its inaugural “Danfoss Drives Southeast Asia Energy Efficiency Tour” in Malaysia to raise awareness on the importance of energy efficiency and empower businesses to adopt brand new innovations in energy efficient technology. The Tour will travel to more than 20 cities across Malaysia, Singapore and Thailand.

ASEAN is a major global hub of manufacturing and trade where the manufacturing, industry and services sectors are increasing demand for electricity in Malaysia. As the ASEAN region is well on track to be the world's 4th-largest economy by 2050 and it is one of the fastest-growing consumer markets in the world, this presents an opportunity for Danfoss to help customers in energy intensive industries including manufacturing, buildings, cement, food and beverage and industry sectors implement energy efficiency solutions to enhance process optimisation for sustainable, reliable and efficient operations. 

Tuesday, 24 October 2017

High Illegal Cigarette Trade Incidence Continues To Dominate The Malaysian Market 

British American Tobacco (Malaysia) Berhad (The Group) today announced its financial results for the third quarter of the year ended 30 September 2017. 

The recovering volume trend as reported in Q2 2017 showed a stagnation in quarter 3 of this year, mainly due to a new illegal cigarette dynamic (legally perceived brands with fake tax stamps, introduced by certain local players), persistent pressure on consumer spending power and competitive entries in the legal low price segment (RM12). 

Monday, 23 October 2017

Sports Direct Unveils New Flagship Superstore In Bukit Bintang 

Through the loyal support of an expanding customer base, Sports Direct Malaysia launched its new 5-storey flagship superstore in Bukit Bintang, at the heart of Kuala Lumpur’s Golden Triangle. 

Marking the company’s unprecedented growth across Malaysia, Sports Direct now currently has 28 stores since making its way into the Malaysian market in 2011. 

Monday, 23 October 2017

Captain Izham Ismail is the New MAS CEO

Malaysia Airlines (MAS) announced on Friday (Oct 20) that it has appointed its current chief operating officer, former pilot Captain Izham Ismail as its new Group CEO to replace Peter Bellew, who is returning to Ryanair.

Capt Izham (pix), presently chief operating officer, will assume the new role on Dec 1 upon the departure of Peter Bellew who is currently on administrative leave. 

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