Southeast Asia’s first robot for material handling, inventory management, metal bending and metal cutting became the highlight of a visit by Johor State International Trade, Investment and Utility Committee Chairman Jimmy Puah Wee Tse to a foreign-owned factory in Frontier Industrial Park here.
Puah had stopped by Hup Fatt Brothers Engineering Sdn Bhd (HFBE) during his working visit last week to Frontier, a pioneer in the Gated, Guarded and Regulated (GGR) concept in Desa Cemerlang developed by WB Land Sdn Bhd.
Standard Chartered Saadiq Bhd is on the right track to being a digital bank with a human touch, with nearly half of all its’ clients embracing digital services for their banking needs.
Of Saadiq’s total client base, 45% use digital banking; and of these, 90% of their transactions are done digitally, via online or mobile banking, self-service ATMs and branch straight-through-processing, or branch automation.
As part of Great Eastern Takaful Berhad’s (GETB) Corporate Social Responsibility (CSR) strategy to demonstrate long-term impact in the communities it operates in, the company recently embarked on an initiative that provided Orang Asli villages in Pahang with energy and clean water.
In collaboration with Saora Industries, the company rallied volunteers consisting of staff and their family members into Kampung Sungai Gabong and Kampung Kepong in Bentong, Pahang to install solar powered lights and water purification systems in the villages.
Agilent Technologies Inc announced that it has been recognised as one of Aon’s Best Employers in Malaysia for 2018. Agilent received the honor from Aon at an award ceremony this week in Kuala Lumpur, Malaysia.
Aon is a leading global professional services firm that provides a broad range of risk, retirement, and health solutions through its flagship program Aon Best Employers.
TDM Bhd announced that it will undertake a debt rationalisation exercise which will involve the full settlement of the outstanding Indonesian Rupiah Notes (“IDR Notes”) held by the Group’s Indonesian subsidiary, PT Rafi Kamajaya Abadi (“PT RKA”).
Under the debt rationalisation exercise, the Group will utilize a USD105 million (equivalent to RM434.3 million based on exchange rate of US$1 : RM4.14) credit facility in the form of a Foreign Currency Revolving Credit-i (“FCRC-i”) Commodity Murabahah to fully settle the Group’s outstanding IDR Notes used for TDM’s plantation operations in Kalimantan, Indonesia.
Malaysia-based international offshore energy facilities and services provider Bumi Armada Berhad (“Bumi Armada” or “the Group”) last week announced that its Armada Kraken Floating Production Storage and Offloading (“FPSO”) vessel has been issued with the final acceptance certificate (“Final Acceptance”).
Final Acceptance was completed in accordance with the requirements set out in the bareboat charter contract dated 20 December 2013 (as supplemented by Amendment Agreement Number One, dated 19 August 2016, and Amendment Agreement Number Two, dated 27 August 2018) (“Bareboat Charter”).
Malaysia Airports and Malaysia Design Development Centre (DDEC) has joined forces to launch HIMPUN, a month-long campaign at KLIA.
The aim of this event is to boast the best of Malaysia fashion, craft, delicacies and beauty products to international audience.
Fortinet introduced a new network access control product that delivers network segmentation and automated responses for Internet of Things (IoT) security, FortiNAC.
FortiNAC provides enhanced visibility and control of IoT devices, automated response to threats and controls access at scale in multi-vendor environments.
BMW Malaysia has unveiled the First-Ever BMW 6 Series Gran Turismo, the new benchmark for unrivalled space, comfort, and functionality in the luxury vehicle class.
Badged as BMW 630i GT, the new vehicle is estimated to retail at RM 450,000.00.
Priceworth International Bhd’s posted a higher net profit by 196 per cent for financial year ended June 30, 2018 (FY18) to RM13.84 million from RM4.70 million a year ago.
The timber and forestry group said in a Bursa Malaysia filling, the surge in earnings was mainly due to higher other income and the improvement in revenue.
