PETALING JAYA, Feb 3 (Bernama) -- Due to the outbreak of a new coronavirus pneumonia in Wuhan, China, Malindo Air is suspending temporarily two more international services between Malaysia and China, namely:
SHANGHAI, CHINA - Media OutReach - 3 February 2020 - Allianz (China) Insurance Holding Co. Ltd. announced today that the group's key institutions in mainland China and Allianz SE will jointly set up an emergency response fund to support China's fight against the coronavirus epidemic.
The initial pledge towards this fund is RMB 4 million (EUR 520,000), coming in part from Allianz SE's Disaster Recovery Fund and in part from Allianz's operating entities in China and the region.
Langkawi, 30 January 2020 – edotco Group, the Malaysia-based regional end-to-end integrated telecommunications infrastructure services company, recently debuted the first 5G private network at the Langkawi International Airport (LIA) in Langkawi, Kedah.
In collaboration with US-based Peatalk Corporation, edotco has installed a fully operating 5G network based on 3.5 GHz C-band spectrum to provide coverage inside Langkawi International Airport. In addition, the backhaul solution from Peatalk also includes millimetre wave transmission technology operating in the 70GHz band for over more than 10km without loss of signal integrity. The network is a software-defined network-setting reference point for the industry that can continue to facilitate future 5G rollouts.
Kuala Lumpur, January 2020 – TAUZIA Hotels, Indonesia’s recipient of the Most Innovative Business Award, and a member of The Ascott Limited, recently announced its foray into Malaysia with the launch of FOX Lite Hotel DPulze Cyberjaya, the first FOX branded hotel in the country. The rebranded hotel will bring an intuitive service attitude and relaxed, friendly style to the Malaysian hospitality scene, catering to a new generation of independently minded business and leisure travellers.
The FOX Hotels brand is inspired by the fictional persona Gipsy Fox, a traveller and an adventurer who travels across the world to revive hotels by creating a unique, eclectic and vibrant experience. FOX Hotels offer guests with efficiency and care, while also giving them informed access to the best a particular destination has to offer.
Kuala Lumpur, 16 January 2020 Ð A study by the Zurich Insurance Group (Zurich) and the Smith School of Enterprise and the Environment at the University of Oxford on agile workforce has found that 38% of the respondents in Malaysia who are currently in full-time employment, are looking to enter the gig economy in the next 12 months. This percentage is significantly higher than the global average of 20% recorded in the study.
The trend noted in the study substantiates Budget 2020 push for Malaysia's digital aspiration and charting of economic direction to be an Asean digital powerhouse. It aligns with the nation's focus of boosting economic growth in the New Economic and Digital Era' as outlined in Budget 2020 tabled in October 2019.
KUALA LUMPUR, 16 January 2020 – The high cost of living is still a bane for Malaysians alike. Many struggle to keep up with the high living expenses and are feeling the hardship as they continue with their daily endeavour. When it comes to saving, Shell believes every bit counts in the long run. With that, Shell Malaysia announced that effective today, 27 of its stations along the North-South Expressway (NSE) will waive the RM0.50 Touch ‘n Go top-up fee.
Shairan Huzani Husain, Managing Director of Shell Malaysia Trading Sdn Bhd and Shell Timur Sdn Bhd said, “Shell understands the challenge Malaysians face against the rising cost of living. We know it can be difficult to save when there are inclining necessary expenditures like food, transportation, utilities and education, which form a huge part of one’s expenditure. This drives us to help Malaysians save more and ultimately, get more out of their journeys. Hopefully, forgoing the Touch ‘n Go top-up charges at all stations along NSE, as a start, will give our customers one less worry when travelling or fueling up at Shell during long journeys.”
KUALA LUMPUR, 20 JANUARY 2020: - Kenanga is issuing its latest batch of 12 structured warrants including the only single-stock put warrant on the market. The Datasonic warrant is Kenanga’s maiden put warrant offering investors the platform to greatly benefit from a falling market, as opposed to short selling shares and its related costs. Put warrants give warrant holders the right (but not the obligation) to sell a given quantity of the underlying asset at a specified price, before the Expiry Date. Typically put warrant prices increase when the underlying share price decreases.
“Following our theme of long-dated warrants, this batch contains warrants of 11-month (call warrants) and an 8-month (put warrant). This is Kenanga’s inaugural put warrant and the only single-stock put warrant in the market currently. We even broadcast its fair price on our Live Matrix at www.NagaWarrants.com.” said Kenanga Investment Bank’s Head of Equity Derivatives, Philip Lim.
KUALA LUMPUR, 22 January 2020 – The world’s business leaders are increasingly embracing a new form of capitalism, moving from one focused primarily on shareholder value to one focused on serving the broader world, as the Fourth Industrial Revolution (also known as Industry 4.0) rewrites the role of business in society. Released today, Deloitte’s third annual Readiness Report, “The Fourth Industrial Revolution: At the intersection of readiness and responsibility,” identifies an evolving form of capitalism in which business leaders and organisations are starting to prioritise their responsibilities to societal stakeholders alongside profitability.
The survey of more than 2,000 C-suite executives across 19 countries affirms recent statements issued by the Business Roundtable and World Economic Forum, both of which stress that business should serve customers, employees, suppliers, and communities, in addition to shareholders.
PETALING JAYA, 15 January 2020 – Business models continue to evolve as companies become more determined to implement emerging technologies such as Artificial Intelligence (AI) and 5G in a bid to outpace their competition. This has far reaching implications not just in the way companies innovate within their own industries, but also in the way they disrupt and blur the lines between converging sectors.
Against this backdrop, KPMG’s Technology Industry Innovation Survey 2019 reveals that technology leaders around the world identified e-Commerce platforms as the most disruptive business model over the next three years. This is followed by social networking platforms (22%), digital payment platforms (17%), entertainment platforms (14%), ride sharing platforms (9%), autonomous transportation platforms (7%) and lodging platforms (4%).
Kuala Lumpur, Malaysia –– 20 January 2020
The PropertyGuru Asia Property Awards (Malaysia), presented by Kohler, reiterated the call for nominations to its seventh edition, ahead of the exclusive awards ceremony and black-tie gala dinner on Friday, 10 April 2020, at the Majestic Hotel Kuala Lumpur.
Malaysia’s premier real estate awards programme enjoins the general public to submit their candidates for the finest developers, developments and design in the country, representing not only Klang Valley but also the dynamic regions of Penang and Iskandar.
