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PETRONAS has released its 2024-2026 Activity Outlook, outlining forecasted activities which call for greater collaboration with the Oil and Gas Service and Equipment (OGSE) providers to ensure energy demand is met while ramping up its clean energy initiatives. Within the next three years, PETRONAS is committed to its long-term target of sustaining and growing Malaysia’s […]
Continue ReadingUMW Holdings Berhad (“UMW”) announced today that Sime Darby Berhad (“Sime Darby”) has completed the acquisition of its 61.2% stake, making Sime Darby the new major shareholder of UMW. In conjunction with the change in major shareholder which also resulted in changes to its board, UMW is looking forward to welcoming several new members comprising […]
Continue ReadingThe UMW Group recorded strong automotive sales for November 2023 with the registration of 42,315 vehicles, 8% higher than the 39,034 units delivered in November 2022, as both UMW Toyota Motor (“UMWT”) and UMW’s associate company, Perodua continue to deliver their outstanding orders. Accordingly, the Group’s automotive sales increased by 16% to 396,820 units for […]
Continue ReadingA leading medical technology company, B. Braun Medical Industries Sdn. Bhd. (“BMI”) reaffirmed its partnership with Penang Science Cluster (“PSC”) with the handover of the latest batch of the B. Braun Genetics Kits to PSC recently. The program, which saw an evolution from 2016 is aimed at igniting students’ interest in Life Sciences and Genetics […]
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Malaysia Internet Exchange (MyIX) has welcomed the appointment of Gobind Singh Deo and Datuk Ugak Anak Kumbong as Malaysia’s new Digital Minister and Deputy Minister, respectively. The introduction of two ministries, the Digital Ministry and Communications Ministry, as announced by Prime Minister Datuk Seri Anwar Ibrahim yesterday as part of the Cabinet reshuffle in place […]
Continue ReadingUWC Berhad recently received the prestigious PRISM Award in South Korea, cementing the company’s outstanding performance, ongoing advancement, and commendable contribution to Environmental, Social and Governance (ESG) practices. The company, which specializes in the design, production, sales, and maintenance of semiconductor wafer processing equipment used in the fabrication of semiconductor devices, was among the top […]
Continue ReadingThe National Tech Association of Malaysia (PIKOM) and e-Commerce Malaysia, a chapter of PIKOM, welcome the recent announcement by Communications and Digital Minister Fahmi Fadzil that the government does not intend to block or close social media and other related platforms, including TikTok’s marketplace in Malaysia, TikTok Shop when he spoke to the press after […]
Continue ReadingUMW Group’s wholly owned subsidiary, UMW Industrial Power Services Sdn. Bhd. (“UIPS”), an authorised distributor of INNIO’s Jenbacher engines in Malaysia, signed a Long-Term Service Agreement (“LTSA”) with IOI Corporation Berhad’s plantation business valued at RM50 million. The LTSA will see UIPS providing maintenance services for seven units of Jenbacher biogas engines installed at IOI […]
Continue ReadingChartered Institute of Islamic Finance Professionals (CIIF) today entered into a Memorandum of Understanding (MOU) with Jabatan Pendidikan Politeknik dan Kolej Komuniti (JPPKK), a department under the Ministry of Higher Education Malaysia to develop more versatile and competent talents in the country that would contribute substantially to the Islamic Finance industry. The MOU exchange between […]
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