Fraser & Neave Holdings Bhd (F&NHB) posted a higher revenue of RM996.6 million for its fourth quarter ended 30 September, up 2.1 per cent with a significant improvement in the Group’s bottom line compared to same quarter in 2017.
For the Group’s segmental performance, Food & Beverage Malaysia (F&B Malaysia) recorded positive revenue gain for the third consecutive quarter, growing 1.9 per cent to RM545.4 million in its fourth quarter ended 30 September driven by improved local trade execution and higher exports sales, marking a return to stability post-reorganisation.
Allianz Malaysia is embarking on an exciting new partnership with DoctorOnCall to pro– vide innovative and convenient healthcare solutions to its corporate partners.
Through the partnership, Allianz Malaysia’s Employee Benefits services will be the first in the market to offer its partners this digital healthcare proposition. DoctorOnCall will provide Allianz corporate members access to qualified registered doctors at their convenience through text chat, phone call or video call.
Sapura Energy Berhad (Sapura Energy) and OMV have signed a Share Subscription Agreement and a Shareholders’ Agreement to form a strategic partnership.
Under the agreements, OMV Exploration and Production GmbH (OMV E&P), a wholly-owned subsidiary of OMV Aktiengesellschaft, will buy a 50 per cent stake of the enlarged issued share capital in a newly formed joint venture company, SEB Upstream Sdn Bhd (SUP), based on an enterprise value of up to U$D1.6 billion comprising an equity value of up to US$1,250 million and debt of US$350 million.
Entrepreneurs are urged to constantly learn in order to achieve their goals.
Minister of Entrepreneur Development Datuk Seri Mohd Redzuan Yusof says learning is not an option for entrepreneurs.
National applied research and development centre MIMOS can play an important role in the development of third national car envisioned by Prime Minister Tun Dr Mahathir Mohamad.
International Trade and Industry (MITI) Minister Datuk Darell Leiking said the third national car project can create new jobs and promote vendor development in automotive parts and components.
Malaysia Airports launches its annual one-month long KULinary campaign recently with KULinary Top Food Outlet Award 2018 – in recognition of its top 20 food outlets at the two terminals of KL International Airport (KLIA), KLIA and klia2 for their outstanding performance in food quality and overall dining experience.
For its 3rd year running, Malaysia Airports collaborates with an independent and notable Online Food Media company, Fried Chillies to make anonymous reviews of more than 100 food outlets and evaluate not only the dishes served but also the total dining experience, including the ambience and restaurant service.
The Government has good intentions in introducing property crowdfunding initiative, the first such financial innovation in the world, but proper studies need to be carried out, said the Council of Eminent Persons Chairman Tun Daim Zainuddin.
He said the peer-to-peer (P2P) home financing initiative, announced by Finance Minister Lim Guan Eng during the 2019 Budget tabling recently, was something new.
To build strong businesses, regulators need to put in place an effective oversight of business activities.
Speaking at the annual Asian Roundtable on Corporate Governance (ARCG) yesterday, Securities Commission Chairman Datuk Syed Zaid Albar says there is growing awareness amongst governments and regulators that sustainable economic growth requires a proactive regulatory approach.
Can you imagine an app that allows you to sell your old phone anytime, anywhere in less than 60 seconds, and you get paid instantly?
Sounds too good to be true, doesn’t it? But it isn’t!
Low Yat Group, one of the pioneers in Malaysia’s property and hospitality industries, considers the Budget 2019 presented on Friday as a key tool in improving Malaysia’s economic wellbeing while overcoming inherited debts from the past government.
The Group’s Executive Director, Low Su Ming commented, “This is a good head start given the underlying challenges faced by our new government. I am pleased that the government didn't present an austerity budget even though the government finances are stretched. The rakyat's income will increase only with an improving economy and the aids handed out are also more targeted to ensure misappropriation is avoided.”
