Sunday, 17 August 2025

Titan Watches Sets the Stage for a Dynamic New Chapter in Malaysia


TITAN Watches Sets the Stage For A Dynamic New Chapter In Malaysia
Marking a Major Milestone, the Global Watchmaker Partners with Marco Worldwide to Bring World-class Design and Innovation to Malaysian Consumers

Titan Company Limited, the fifth-largest watch manufacturer in the world and a name synonymous with precision and style, brings its signature blend of craftsmanship and innovation to Malaysia, marking a significant milestone in its global expansion journey. Through a strategic partnership with Marco Worldwide Sdn. Bhd. (Marco Worldwide), customers can now purchase Titan watches at authorised Marco Worldwide dealers or online via the official brand website

A part of India’s prestigious TATA Group, Titan Company Limited has evolved into a global watch powerhouse, with a presence in over 25 countries and a watch sold every three seconds. In Malaysia, the brand offers an extensive line-up of designs across its diverse collections—catering to different styles, from minimalist everyday essentials to bold, high-concept statement pieces.

According to Mr Gaurav Midha, Head of Business, Titan Company Limited, the reintroduction of Titan in Malaysia marks a significant step in the brand’s global expansion strategy. With a rising demand for accessible luxury and fashion-forward accessories, Malaysia serves as a strategic gateway to deepen Titan’s footprint across the region.

“As one of Southeast Asia’s most vibrant and fast-evolving markets, Malaysia presents a unique blend of style-conscious consumers, a growing middle class, and an appreciation for quality craftsmanship—making it an ideal market for Titan’s diverse range of offerings,” added Mr Gaurav. 

The brand’s new chapter was further commemorated with an official signing ceremony between Titan Company Limited and Marco Worldwide, signifying the beginning of their strategic collaboration in Malaysia. Backed by Marco Worldwide’s strong retail expertise and deep understanding of the local market, Titan Company Limited is confident in establishing a stronger brand presence—one that is accessible, stylish, and deeply relevant to Malaysian consumers. 

"With Titan Company Limited’s global legacy and Marco Worldwide proven retail capabilities, this partnership sets the foundation for a bold new era in Malaysia’s watch landscape. Watches today are not just instruments of time, they are expressions of personality. Titan Company Limited understands that through this partnership, we’re proud to bring to Malaysians a brand that not only tells time but tells a story. We are truly excited to see what the future holds as we introduce more consumers to Titan’s unique blend of innovation and elegance,” said Mr SJ Ong, Executive Director, Marco Worldwide.

In celebration of this milestone, guests were treated to a curated fashion runway in collaboration with local designer brand Inisaya—renowned for its modern interpretations of traditional batik wear. The showcase artfully unveiled some of Titan’s notable creations, with each watch styled into a wearable statement that fused watch design with fashion identity — reinforcing Titan’s positioning as both a timekeeper and a style accessory. 

The runway spotlighted four standout offerings from Titan’s portfolio—Edge, an ultra-slim marvel of minimalist engineering and winner of multiple Red Dot Design awards; Raga, a refined expression of feminine strength and elegance; Titan Automatics, which reveal mechanical artistry through open-heart dials and kinetic movement; and Titan Stellar, a collection inspired by celestial elements, crafted with rare materials and intricate complications. Together, these lines showcased Titan’s diverse design language—where innovation, craftsmanship, and style converge.

Titan Company Limited’s global reputation is backed by award-winning design innovation, having received several international accolades including a nomination at the prestigious Grand Prix d' Horlogerie de Genève 2024 (GPHG). The brand’s commitment to timeless craftsmanship, modern aesthetics, and accessible luxury makes it a natural fit for Malaysia’s evolving fashion forward consumers. To find out more about Titan watches, visit Marco Worldwide authorised dealers or log on to https://titanwatches.my/

#END#

Sunday, 17 August 2025

Heineken Malaysia Reports 2Q & 1H FY2025 Results

 

 

HEINEKEN MALAYSIA REPORTS 2Q & 1H FY2025 RESULTS

The Group Remains Focused on Driving Growth by
Leveraging Strategic Commercial and Digital Opportunities while Improving Operational Efficiencies

________________________________________________________________________________________________

2QFY25 Results:

  1. Revenue decreased by 5% to RM540 million (2QFY24: RM565 million)
  2. Profit Before Tax (PBT) decreased by 9% to RM109 million (2QFY24: RM120 million)
  3. Net profit decreased by 9% to RM83 million (2QFY24: RM91 million)

 

1H FY25 Results:

  1. Revenue decreased by 4% to 30 billion (1HFY24: RM1.35 billion)
  2. PBT decreased by 4% to RM270 million (1HFY24: RM281 million)
  3. Net profit decreased by 4% to RM205 million (1HFY24: RM214 million)

 

Heineken Malaysia Berhad (HEINEKEN Malaysia) announced its financial results for the second quarter and half year ended 30 June 2025, reporting a minor decline in revenue and profit compared to the same period in 2024, amid evolving market dynamics. In the second quarter of 2025, the Group recorded revenue of RM540 million, a 5% decrease compared to 2024, reflecting a more cautious consumer sentiment. The Group’s PBT stood at RM109 million, a 9% decrease versus the same quarter last year, primarily due to softer revenue and increased cost pressures.

The Group continues to invest in commercial initiatives and digital infrastructure through the implementation of HEINEKEN’s Digital Backbone, a digital transformation programme designed to unlock the power of data, streamline processes and boost innovation to support long-term growth. This initiative is part of the Group’s EverGreen strategy to future-proof its business.

For the first half of 2025, the Group recorded revenue of RM1.30 billion, a 4% decrease when compared to the same period last year. PBT also eased by 4% year-on-year. This performance was attributable to a combination of factors including the timing of Chinese New Year, moderated consumer demand and the Group’s continued investments in commercial initiatives and digital infrastructure.

Commenting on the results, Martijn van Keulen, Managing Director of HEINEKEN Malaysia, said, "The first six months of 2025 have been marked by a dynamic and evolving market landscape. Although we saw a moderation in consumer demand following the festive season and more cautious spending, our focus remains clear as we are committed to delivering our EverGreen strategy. We will continue investing in our core brands, by driving innovation and impactful activations that deepen connection with our consumers and leveraging digital capabilities.”

Key activations include:

  • Heineken® Refresh Your Music: The event returned with Grammy-winner Zedd, drawing over 10,000 fans for unforgettable shared music moments.
  • Tiger Trafford Den Pop-Up: Asia’s first Tiger x Manchester United bar lit up KL with live screenings, exclusive meet-and-greets, and a finale featuring club legends.
  • Guinness Chief Pint Officer Campaign: The “Tilt Test” ignited excitement nationwide, inviting fans to pour the perfect pint and share it on social media.

 

The Board has declared a single tier interim dividend of 40 sen per stock unit for the financial year ending 31 December 2025 to be paid on 30 October 2025. The entitlement date for the dividend payment is 9 October 2025. Total dividend declared for the six months ended 30 June 2025 is 40 sen per stock unit.

On outlook, Martijn shared, “Despite the ongoing macroeconomic challenges, we remain agile and forward-looking by harnessing the power of digital solutions and data-driven decision- making. This approach strengthens HEINEKEN Malaysia’s long-term resilience to ensure we stay relevant to our customers and consumers in a dynamic market environment.”

The Group continues to prioritise its EverGreen strategy, which drives superior and balanced growth by aligning topline expansion, profitability, and capital efficiency with sustainable and responsible business practices. This integrated approach enables the Group to create long-term value for both shareholders and stakeholders, while contributing meaningfully to Malaysia’s broader socio-economic progress.

Reinforcing its sustainability leadership, the Company recently received several recognitions from the Sustainability & CSR Malaysia Awards 2025 and The Star ESG Positive Impact Awards 2024, including the coveted title of Most Outstanding ESG Initiative for Large Companies for its Water Management and Efficiency programme. In addition, HEINEKEN Malaysia was officially certified as a Great Place to Work®, affirming its people-first culture and dedication to employee engagement.

In terms of challenges, illicit alcohol continues to pose a significant challenge for the industry. The Group commends the ongoing enforcement efforts by the Royal Malaysian Customs to protect government revenue and safeguard consumers. Any increase in taxes could unintentionally drive demand for illicit products. HEINEKEN Malaysia will continue working closely with the authorities to combat illicit trade through collaboration and market education. For more information on HEINEKEN Malaysia, please visit www.heinekenmalaysia.com.

#END#

Sunday, 17 August 2025

Bolt Launches Smart Ride-Hailing Solution for Businesses in Malaysia

 

Bolt Launches Smart Ride-Hailing Solution for Businesses in Malaysia

Bolt Business launches in Malaysia to simplify employee travel for companies with no onboarding fees, centralised ride management, and automatic reporting to eliminate messy claims

Bolt, Europe’s leading mobility platform, has officially launched Bolt Business in Malaysia, offering a smarter, more efficient way for companies of all sizes to manage employee travel. With no onboarding fees, a centralised ride management dashboard, and automated reporting tools, Bolt Business helps companies eliminate the hassle of manual claims processes while gaining full visibility and control over employee rides.

Bolt Business is designed for modern workforces that require reliable and flexible mobility, whether for daily commuting, meetings, or on-ground operations. Through a user-friendly dashboard, companies can set ride limits, assign cost centres, track usage, and access real-time reports, all from a single account. This helps finance and HR teams streamline expense management, remove paperwork, and make data-driven decisions about business mobility.

Afzan Lutfi, General Manager of Bolt Malaysia, said:

We built Bolt Business to make life easier for both companies and their employees. A lot of businesses still struggle with messy claims and manual processes just to handle something as simple as a ride. With this launch, we’re giving them a smarter, more transparent way to manage travel, while creating more earning opportunities for local driver-partners. It’s a step forward not just for business mobility, but for our wider commitment to Malaysia.

Since launching in Malaysia in late 2024, Bolt has steadily expanded its presence in the Klang Valley including the introduction of toll-inclusive fares, launching the premium Bolt Executive category, and rapidly growing its driver-partner base. These milestones reflect the strong demand for a fairer, more flexible ride-hailing option. Bolt Business builds on this foundation by extending those same values to the workplace, offering companies a streamlined, stress-free way to manage employee travel while supporting local drivers with more consistent ride demand.

As Bolt deepens its presence in Malaysia, the launch of Bolt Business signals a longer-term commitment to practical, people-first innovation, not only simplifying how businesses move their teams, but also strengthening income pathways for local drivers. This milestone reflects Bolt’s ambition to shape a more connected, transparent, and inclusive urban mobility ecosystem — one that adapts to the real needs of Malaysia’s evolving workforce and cities.

- End -

 

Tuesday, 12 August 2025

SAMENTA and MPC Spearhead AI Empowerment for SMEs at SME AI Fest 2025

 

SAMENTA and MPC Spearhead AI Empowerment for SME AI Fest 2025

The Small and Medium Enterprises Association of Malaysia (SAMENTA), in partnership with the Malaysia Productivity Corporation (MPC), today launched the SME AI Festival 2025 at Dewan Produktiviti, Menara MATRADE, Kuala Lumpur; marking a major step forward in accelerating artificial intelligence (AI) adoption among Malaysian small and medium enterprises (SMEs).

 

The festival convenes SME leaders, government agencies, academia, and technology providers to explore how AI can transform productivity, foster innovation, and fuel sustainable growth for Malaysian businesses.

 

SAMENTA National President Datuk William Ng says the festival is not just an awareness event but a catalyst for mindset change.

 

"AI is no longer optional. It is existential. SMEs that don’t embrace it risk falling behind. Through this festival, we are demystifying AI and making it accessible for every SME, regardless of size," he said.

 

The festival features three thought-provoking panel discussions that dive into Malaysia’s evolving AI ecosystem, SME readiness across people, process and product, and practical strategies to supercharge growth with AI. Panellists include top executives from the National AI Office Malaysia, MyDigital Corporation, MDEC, TalentCorp Malaysia, Microsoft Malaysia, Alibaba, and other industry leaders.

 

Sir Jaya Singnam Rajoo, Senior Director of Multilateral Policy & Negotiation Division, Ministry of Investment, Trade and Industry (MITI) Malaysia, kicked off the SME AI Fest 2025 and underscored the government's commitment to driving AI adoption in the industry.

 

Also announced during the event are Memoranda of Understanding (MoUs) between SAMENTA and two universities: Asia Pacific University and Universiti Teknologi MARA (UiTM) to strengthen AI talent development, research, and industry-academia collaboration.

 

Another crowd-puller is the SME AI Prompt Competition, which challenges SMEs to experiment with prompt engineering to solve real-world business problems using AI. Winning teams are recognised during the closing session.

 

The SME AI Festival 2025 is part of a broader, sustained effort by SAMENTA and MPC to future-proof Malaysian SMEs by embedding AI and digital tools into their business DNA.
                                                                                

                                                                                                                   ###

 

Page 18 of 2224