Tech and digitalisation key to Sabah’s economic growth

PETALING JAYA: Technological innovation and digitalisation will be the lynchpin to Sabah’s “green” economy of forestry and agriculture and “blue” economy comprising of ocean potential and tourism, according to Country Heights Holdings Bhd and Golden Horse Digital Investment Bank founder Tan Sri Lee Kim Yew. He believes “green” economy is a mainstay of the state’s … Read more

Seni Jaya debuts Malaysia’s first smart digital out-of-home ads

Seni Jaya debuts Malaysia’s first smart digital out-of-home ads PETALING JAYA: Seni Jaya Corp Bhd has unveiled Malaysia’s first programmatic digital out-of-home (pDOOH) advertising services on Jan 15 with collaboration with integrated car e-commerce platform Carsome. For the service debut, it had enlisted 50 cars from Carsome equipped with car top LED screens displaying advertisements … Read more

AmBank, Maybank enter into first MYOR interest rate swap deal

PETALING JAYA: AmBank Group and Malayan Banking (Maybank) have jointly entered into Malaysia’s first overnight rate (MYOR) interest rate swap transaction with a notional value of RM500 million in a further development towards adopting MYOR as the preferred benchmark for the ringgit cash and derivatives market. The deal marks the first use of MYOR, which … Read more

Titijaya Land, Penang Development Corp to develop RM9.9b Medi-Tech City in Batu Kawan

PETALING JAYA: Titijaya Land Bhd and Penang Development Corp (PDC) have signed a memorandum of understanding (MoU) for the development of a RM9.9 billion Medi-Tech City occupying a 230-acre land in Batu Kawan, Penang. This project is expected to complete in 10 years. Medi-Tech City is earmarked to be an integrated, sustainable and hi-technology medical … Read more

Gamuda launches Goosebumps Rope Course, Malaysia’s first-of-its-kind obstacle attraction

PETALING JAYA: Gamuda Land has launched the Goosebumps Rope Course in Discovery Park Gamuda Cove, driving tourism and footfall in Southern Klang Valley as demand for outdoor activities continues to grow post-lockdown. The largest of its kind in Malaysia as certified by the Malaysia Book of Records, Goosebumps Rope Course offers adrenaline junkies more than … Read more

7-Eleven Malaysia named Master Franchisee of the Year

KUALA LUMPUR: 7-Eleven Malaysia has been named Master Franchisee of the Year at the recent 23rd Malaysia Franchise Awards Night 2021 event as a recognition of its robust franchise system. Organised by the Malaysian Franchise Association (MFA), there were 13 categories of awards to celebrate franchisors, franchisees, master franchisees, media, organisations, and individuals who contributed … Read more

Rakuten Trade launches US share trading service

PETALING JAYA: Rakuten Trade Sdn Bhd today announced the expansion of its Cash Upfront Trading Account to include access into foreign markets beginning with the US. This decision was based on a high volume of requests that have been received since Rakuten Trade launched its business in 2017. As one of the early disruptors in … Read more

SYNC PR bags Best Startup PR Agency Southeast Asia award

KUALA LUMPUR: Leading startup public relations agency SYNC PR has been named Best Startup PR Agency Southeast Asia at the 2021 APAC Insider Business Awards. This caps a strong year for the PR and content marketing startup that has continued to expand and grow despite a slow recovery from the pandemic. The agency was chosen … Read more

FBE Ventures partners Pernas to catalyse Malaysia’s F&B, franchise industry

PETALING JAYA: Food and beverage (F&B) mergers and acquisitions company FBE Ventures (FBEV) has inked a partnership with Perbadanan Nasional Bhd (Pernas), a company owned by the Ministry of Finance Incorporated, to further catalyse the growth of Malaysia’s F&B and franchise industry to help local brands tap into the Asia Pacific F&B eating-out industry. The … Read more

BNM appoints Lim Chee Sing as MPC external member

PETALING JAYA: Bank Negara Malaysia (BNM) has appointed Lim Chee Sing (pix) as an external member of the Monetary Policy Committee (MPC). The appointment is for a two-year term, effective Jan 1, 2022. From 2013 until 2017, Lim served as RHB Research Institute Sdn Bhd executive director and chairman. He was also RHB Banking Group … Read more

RM62m foreign outflow on first week of 2022

PETALING JAYA: Foreign investor was net seller last week, with an outflow amounting to RM62.15 million. According to MIDF Research, the year started last Monday with foreign investors buying RM37.35 million net of local equities, while retailers and local institutions took up a net selling position with RM19.28 million and RM18.08 million, respectively. Foreigners were … Read more

Manufacturing sales hit new peak of RM142.4b in November

PETALING JAYA: Malaysia’s manufacturing sales in November 2021 rose 18.8% year-on-year (y-o-y) to an all time high of RM142.4 billion, while sales value increased 1.2% from the previous month attributed to the growth to petroleum, chemical, rubber & plastic products subsector (29%), especially in the manufacture of coke & refined petroleum products industries. “The expansion … Read more