Thai milk tea franchise ChaTraMue opens first Malaysian outlet

PUTRAJAYA: The first outlet to serve top Thai milk tea brand ChaTraMue opened in IOI City Mall today. The IOI City Mall outlet is expected to be the first of 40 outlets planned by the Malaysian franchisee, Woodpeckers Group Sdn Bhd. “We’re thrilled to introduce Thailand’s top-ranking milk tea brand to discerning Malaysian consumers who … Read more

CelcomDigi provides communications connectivity to Petros’ oilfield

PETALING JAYA: CelcomDigi Bhd (CelcomDigi) is partnering with Petroleum Sarawak Bhd (Petros) to provide communications solution to connect the latter’s new onshore well drilling site located at Block SK433, which covers Miri-Marudi area in northern Sarawak. To support the need for a cost-effective connectivity solution in this area which before has little to no coverage, … Read more

Sime Darby Motors cultivates a greener future

PETALING JAYA: Sime Darby Motors, Retail and Distribution Malaysia, recently embarked on its “Seeds of Sustainability” initiative, aimed at fostering environmental preservation of natural ecosystems. In line with Sime Darby Motors’ commitment to Environmental, Social and Governance (ESG) principles, this saw more than 100 employee volunteers gathered at Sepang Gold Coast for tree planting activities, … Read more

Ramssol in tie-up with US’ GoSaaS to deliver Oracle solutions in region

PETALING JAYA: Rams Solutions Sdn Bhd (Ramssol), a wholly owned subsidiary of Ramssol Group Bhd principally involved in human capital management (HCM) solutions and technology provider, is collaborating with GoSaaS Inc USA, a leader in Oracle solutions. The collaboration solidifies Ramssol’s position as a provider of Oracle services, granting it access to GoSaaS’ business solutions. … Read more

DRB-Hicom, Geely sign deal to develop automotive hub in Tanjung Malim

PETALING JAYA: Industrial conglomerate DRB-Hicom Bhd and Chinese automobile manufacturer maker Zhejiang Geely Holding Group Co Ltd today signed a master collaboration agreement (MCA) for the development of the Automotive Hi-Tech Valley (AHTV) project in Tanjung Malim, Perak. The MCA sets out the underlying principles, governance framework and mutual commitment of the AHTV project, including … Read more

Sime Darby Motors, Gentari to expedite deployment of EV charging stations, infrastructure

PETALING JAYA: Automotive player Sime Darby Motors (SDM) has signed a Memorandum of Understanding (MoU) with Gentari Sdn Bhd through its subsidiary Gentari Green Mobility Sdn Bhd, to expedite the deployment of Electric Vehicle (EV) charging stations and infrastructure. The MoU will entail SDM and Gentari exploring opportunities to establish EV charging stations and related … Read more

PCG to build Asia’s largest advanced chemical recycling plant

PETALING JAYA: Petronas Chemicals Group Bhd (PCG) has reached the final investment decision (FID) to construct Asia’s largest advanced chemical recycling plant with a capacity of 33 kilo tonnes per annum. The plant, which will be located in Pengerang, Johor, is targeted to be operational by the first half of 2026. In a statement released … Read more

DNeX launches TradeSwift DAGANGNET, an all-in-one trade facilitation SuperApp

CYBERJAYA: Dagang NeXchange Berhad (DNeX), via its wholly-owned subsidiary Dagang Net Technologies Sdn Bhd (Dagang Net) has launched TradeSwift DAGANGNET, an all-in-one trade facilitation SuperApp. The SuperApp is a proprietary innovation by DNeX and represents a significant step forward in digital trade solutions. With TradeSwift DAGANGNET, manufacturers, small and medium enterprises (SMEs), importers and exporters, … Read more

Foreign net selling on Bursa picks up, RM1.16b outlfow last week

PETALING JAYA: Foreign investors continued to net sell on Bursa Malaysia, offloading RM1.16 billion worth of equities last week compared with RM44.7 million recorded in the week prior, according to MIDF Research. In its weekly fund flow report, the research house said foreign investors net bought RM20.6 million on Monday but net sold for the … Read more

Firefly launches direct flights from Penang to Bangkok

KLIA: Firefly, a subsidiary of Malaysia Aviation Group (MAG), is set to expand its connectivity from its Penang hub with the introduction of direct flights to Bangkok via Don Mueang International Airport (DMK) beginning Nov 3, 2023. Ticket sales are now open and travellers can take advantage of the special introductory fares starting from RM159 … Read more

CPE Technology signs underwriting deal with KAF Investment Bank

PETALING JAYA: CPE Technology Bhd and its subsidiary companies have signed an underwriting agreement with KAF Investment Bank Bhd (KAF IB) in conjunction with the group’s listing on the Main Market of Bursa Malaysia Securities. KAF IB is the principal adviser, underwriter and placement agent for CPE Technology’s initial public offering (IPO). The IPO will … Read more

Alliance Bank to move HQ to Oxley Towers

KUALA LUMPUR: Alliance Bank Malaysia Bhd (ABMB) will relocate to its new Malaysian headquarters at the Oxley Towers in Kuala Lumpur. In a filing to Bursa Malaysia today, ABMB said it had entered into a Sale and Purchase Agreement with Oxley Rising Sdn Bhd for the acquisition of office suites together with retail lots, all … Read more

Malaysia moves up to 18th in 2023 Global Financial Inclusion Index

PETALING JAYA: Malaysia is the 18th most financially inclusive market out of 42 markets analysed globally, according to the 2023 Global Financial Inclusion Index. This year’s ranking is an improvement of two places over 2022’s 20th spot. Malaysia improved in two of the three pillars of financial inclusion, ranking 22nd (up two places from 24th) … Read more