Tec D Malaysia, Cloudera to help enterprises address data in motion gaps

KUALA LUMPUR: Tec D Malaysia, a TD Synnex company will deepen its long-standing strategic partnership with hybrid data company Cloudera in Malaysia. Cloudera empowers businesses to transform complex data into clear and actionable insights with its hybrid data platform. Under this alliance, Tec D Malaysia will leverage Cloudera’s real-time insights capabilities to enable enterprises to … Read more

MN Holdings partners Shanghai DC-Science for US$600m data centre in Johor

KUALA LUMPUR: Underground utilities and substation engineering specialist MN Holdings Bhd is partnering China’s Shanghai DC-Science Co Ltd (DCS) to develop a high-performance data centre in Malaysia. The project, with an overall estimated value of US$600 million (RM2.65 billion) – projection from DC-Science – sees MN Holdings emerging as the Malaysian partner for DC-Science, under … Read more

Prepare early for electronic invoicing, KPMG advises Malaysian businesses

PETALING JAYA: The introduction of an electronic invoicing (e-invoicing) system is an indication of the Malaysian government and tax authorities’ digitisation advancements. Inland Revenue Board CEO Datuk Dr Mohd Nizom Sairi was recently quoted as aspiring to implement e-invoicing for businesses as early as the first quarter of next year. KPMG’s Head of Tax in … Read more

Edelteq signs underwriting deal with UOB Kay Hian Securities for IPO

PETALING JAYA: Engineering support provider for integrated circuit (IC) assembly and test processes in the semiconductor industry Edelteq Holdings has entered into an underwriting agreement with UOB Kay Hian Securities (M) Sdn Bhd as part of its upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities. The IPO will involve a … Read more

DHL Express taps Shell’s expertise to speed up decarbonisation agenda

KUALA LUMPUR: Shell Malaysia Trading Sdn Bhd, through its business mobility division Shell Fleet Solutions, has entered into a strategic partnership to support DHL Express Malaysia’s sustainability journey in reducing emissions across their fleet operations. DHL Express has signed up with Shell Fleet Solutions’ Accelerate to Zero (A2Z) programme which brings together Shell’s full range … Read more

SNS Network posts RM16.77m Q4 net profit, declares 0.25 sen dividend

PETALING JAYA: SNS Network Technology Bhd, an ICT products, services and solutions provider, yesterday announced that group profit after tax (PAT) for the fourth quarter ended Jan 31, 2023 (Q4’23) increased by 40.5% to RM16.77 million compared with RM11.94 million in the preceding quarter (Q3’23). SNS Network recorded revenue that gained 46.2% to RM509.86 million … Read more

RM1.35b sales in first four months of FY23

PETALING JAYA: Eco World Development Group Bhd recorded RM1.35 billion sales in the first four months of financial year 2023, representing 38.5% of its target of RM3.5 billion for FY23. President and CEO Datuk Chang Khim Wah said the impressive performance is due to the group’s highly diversified product range, which now includes sizeable industrial … Read more

Bursa Malaysia cautions public on investment scams

KUALA LUMPUR: Bursa Malaysia is urging the public to be wary of and alert to investment scams as it has noted an increase in reports of such cases, with scammers using various social media channels, including popular chat applications such as Whatsapp, Telegram and iMessage, to lure unsuspecting members of the public to participate in … Read more

Top Glove remains steadfast in challenging times

SHAH ALAM: In announcing its financial results for the second quarter ended Feb 28, 2023 (Q2’23) today, Top Glove Corporation Bhd said its taking the challenging environment in stride and maintaining a positive long-term outlook. For Q2’23, the group’s results were largely flattish against Q1’23, with revenue of RM618 million and loss after tax of … Read more

Matrade boosts Malaysia’s export competitiveness via NTBp

PETALING JAYA: Malaysia has established itself as one of the most trade-friendly countries in the world, exporting a competitive range of products to more than 200 global markets. In 2022, Malaysia’s trade registered a historic performance with trade, exports, imports and trade surplus reaching an all-time high. Last year, the country’s trade to GDP (gross … Read more

Malaysian Recycling Alliance appoints CEO

PETALING JAYA:: The Malaysian Recycling Alliance (Marea) has appointed Roberto Benetello as CEO effective March 6, following the retirement of general manager, Pauline Goh. Prior to joining Marea, Benetello was the executive director of the Business Council for Sustainable Development Malaysia, a Global Network partner of the World Business Council for Sustainable Development. Over 25 … Read more

Gibraltar BSN enables purchase of insurance policies via chatbot

PETALING JAYA: Gibraltar BSN Life Bhd has unveiled the latest enhancement to its intelligent chatbot – GINA (Gibraltar INtelligent Assistant), becoming the first insurer in Malaysia that allows customers to purchase protection solutions through such technology. Gibraltar BSN CEO Lee Kok Wah said, “User experience is key and with the newly enhanced GINA, not only … Read more

Malaysian labour market on uptrend as economy improves

PETALING JAYA: Malaysia’s labour market is seeing an upward trend following improvement in the country’s economic position, keeping with the expansion of the global economic, according to Chief Statistician Malaysia Datuk Sri Dr Mohd Uzir Mahidin. Releasing the Statistics of Labour Force, Malaysia today, he said the labour force in January increased by 0.2% month-on-month … Read more