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AmBank has formed a strategic partnership with Merchantrade Asia Sdn Bhd that will take the e-wallet landscape to the next level. This is by the enablement of Hybrid e-wallet as part of its FinTech driven initiatives. With this Hybrid e-wallet enablement, Merchantrades’ customers are able to enjoy a much larger e-wallet capacity while reaping the […]
Continue ReadingMalaysia’s leading independent investment bank, Kenanga Investment Bank Berhad (“Kenanga” or the “Group”) today announced a consolidated profit after tax and non-controlling interest (“PATNCI” or “net profit”) of RM102.1 million for the full year ended 31 December 2020 (“FY20”). The full year net profit almost quadrupled from the previous year and is the highest ever […]
Continue ReadingThe Malaysian Investment Development Authority (MIDA) organised a virtual Domestic Investment Webinar to urge domestic stakeholders to implement digitalisation values and adopt innovation in their business to remain resilient. The session themed “Innovation and Transition to New Business Models” was supported by the Department of Polytechnic and Community College Education (DPCCE) of the Ministry of […]
Continue ReadingCastrol Malaysia is proud to announce the introduction of the Castrol Service Package for car oil changes, which is now available via the Castrol Malaysia official e-store on Shopee. The initiative promises a hassle-free experience for customers purchasing this package with a 100 percent guarantee that their cars will be serviced with genuine Castrol lubricants. […]
Continue ReadingBaker Hughes and C3 AI announced an artificial intelligence (AI) collaboration with PETRONAS, a global energy and solutions company from Malaysia, to apply joint BakerHughesC3.ai (BHC3) technology across the company’s strategic digital transformation programs. As the custodian of Malaysia’s national oil and gas resources, PETRONAS runs an extensive digital transformation program across energy operations to […]
Continue ReadingThe UMW Group started 2021 on an encouraging note as both UMW Toyota Motor (UMWT) and its associate company, Perodua, registered healthy automotive sales in January. The sustained demand was due to the sales tax exemption incentive which has now been extended to 30 June 2021. UMWT achieved sales of 3,845 units in January 2021, […]
Continue ReadingAEON Malaysia (AEON) has signed an agreement with Boxed to utilise its state-of-the-art technology to accelerate AEON’s expansion into new retail offerings. A proven e-commerce platform in the United States of America (US) that was fully developed in-house, Boxed recorded an annual turnover of more than USD500 million. It has redefined the wholesale shopping experience […]
Continue ReadingCIMB Bank Berhad and CIMB Islamic Bank Berhad (collectively “CIMB” or “the Bank”) have launched CIMB GreenBizReady, a one-stop sustainability solution for Malaysian small and medium enterprises (‘SME”) looking to start and progress on their sustainability journey. With an allocation of RM250 million, SMEs will be empowered through financial solutions and incentives such as sustainability-linked […]
Continue ReadingThe Securities Commission Malaysia (SC) and Bursa Malaysia Berhad (Bursa Malaysia) are closely monitoring the local stock market in light of the current price surge of selected stocks in the US markets, fuelled by social media chatrooms against short-sellers. Malaysian investors are advised to be cautious of social media chatrooms that try to influence investors […]
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