Items filtered by date: July 2017
Friday, 28 July 2017 10:39

Frame Your TV as a Piece of Art 

Televisions today have transformed into works of art. As consumers focus more on design aesthetics, the entertainment staple has turned into a stylish overhaul to fit seamlessly into any lifestyle and routines. With an effort to make your television customisable to your space, Samsung Malaysia Electronic is proud to unveil The Frame in Malaysia.

This new lifestyle TV beautifies any living space, and is designed to live in harmony with the homeowner’s interior décor. Pushing the boundaries of traditional TV, The Frame provides homeowners more than just a screen to enjoy their favourite entertainment programme; it is also a statement piece likening the home to an upscale art gallery.

Published in GENERAL

Bosch, a leading global supplier of technology and services, ended its 2016 fiscal year with close to RM610 million (133 million euros) in consolidated sales, making Malaysia the second largest revenue contributor for Bosch in Southeast Asia for the second consecutive year. 

The company’s headcount in 2016 grew by four percent to around 2,700 associates. 

Simon Song, Managing Director of Bosch Malaysia, sees good opportunities for future business: “The progressive growth of the IoT industry means momentous change and huge new potential for businesses. In this area, Bosch is now making our products web-enabled and ready to provide our customers transformative solutions that help to make a difference in enhancing the competitiveness of their businesses. This will be key to Bosch to further our growth in the country.” 

Published in GENERAL

Sarawak Convention Bureau is determined to gather Business Event (BE) professionals to leave a lasting legacy in the shape of Corporate Social Responsibility (CSR) drives for isolated communities which need help in sustainable development. 

“Be it the local community, industry members, or the destination’s council, Business Events has the capacity to unite different communities to bring about a targeted, positive change under CSR activities, which amplifies the yield of the destination,” said Amelia Roziman, Chief Operating Officer of Sarawak Convention Bureau. 

Published in GENERAL

The fourth annual PropertyGuru Asia Property Awards (Malaysia), presented by Kohler, revealed the official shortlist of nominees who are competing for honours in the country’s most prestigious real estate awards ceremony.

A total of 18 deserving developers made the cut with projects ranging from residential, commercial, mixed-use and green developments across the country, from Kuala Lumpur to Penang and Iskandar.

Published in GENERAL

The Kuala Lumpur Convention Centre (the Centre) has established the Kuala Lumpur Convention Centre Business Events Alliance (KLCC BEA) in partnership with key business events players and stakeholders in the Kuala Lumpur City Centre (KLCC) precinct. 

The KLCC BEA is a powerful collective consisting of the Centre, leading hotels, professional event planners, shopping, dining, entertainment and transportation partners strategically located in the heart of the city, at the foot of the iconic PETRONAS Twin Towers and scenic KLCC Park.

Published in GENERAL

ACCA (the Association of Chartered Certified Accountants) has announced the launch of two new research papers into the impact of the Belt & Road initiative.

The research project examines how Belt & Road will affect the business infrastructure of China and a series of key economies including Malaysia along the proposed trade route. The research project is expected to last two years.

ACCA launched two new reports at the SNAI Conference in Shanghai. A new English-language report The Belt & Road Initiative Reshaping the global value chain, in partnership with Shanghai Stock Exchange, features a global review of the initiative and case studies into how seven Chinese companies are preparing for their involvement in the project.

Published in GENERAL
Friday, 28 July 2017 10:25

MISC Receives Seri Cempaka

Malaysia’s MISC Berhad (MISC), a world leading energy related maritime solutions and services provider has today taken delivery of Seri Cempaka, the third in a series of five Moss-Type Seri-C Class Liquefied Natural Gas (LNG) carriers. 

The 150,200 CBM LNG carrier has been built for MISC by Hyundai Heavy Industries (HHI), and benefits from an Integrated Hull Structure (IHS) with four spherical tanks shielded by a continuous cover, fortifying the vessel to allow for operation in even the harshest marine environments. 

Published in CORPORATE

PETRONAS' subsidiary PC Vietnam Limited (PCVL) will hand over Blocks 01 and 02, located at the Cuu Long basin, offshore Vietnam, to the host authority once the Production Sharing Contract (PSC) for the blocks expires on 9 September 2017. 

The 26-year PSC for the blocks took effect on 9 September 1991, and was PETRONAS’ first successful international venture. Following the natural expiry of the PSC, PCVL will cease its operations as stipulated by the contract terms.

Published in CORPORATE

PT Bank Maybank Indonesia Tbk announced that its profit after tax and minority interests (PATAMI) increased 16.3% to Rp998.5 billion for the first semester ended 30 June 2017 from Rp858.4 billion in the previous corresponding period ended 30 June 2016 on the back of overall improvement in its core banking business.

NII rose 7.0% to Rp3.8 trillion in the first semester 2017 from Rp3.6 trillion in first semester of 2016. The increase in NII was mainly a result of the Bank’s discipline in loan pricing and active funding management.  The Bank also reported an increase in its Net Interest Margin (NIM) to 5.3% in June 2017 compared with 5.0% in June 2016.

Published in CORPORATE

One Bukit Senyum, Johor’s upcoming RM5.4 billion administrative and commercial hub, has been granted node status – an area where the developer and promoted businesses can enjoy tax incentives – by Malaysia’s Ministry of Finance and Iskandar Regional Development Authority (IRDA), Astaka Holdings Limited (Astaka) announced yesterday.

Spanning 11.85 acres, One Bukit Senyum is tipped to play a key role in Johor’s transformation into a burgeoning metropolis of Malaysia. The node status accords Phase 2 of the project full income-tax exemption on proceeds from the sale and income derived from the leasing of all non-residential buildings.

Published in CORPORATE