MIDA organized a virtual Domestic Investment Webinar to urge domestic stakeholders to implement digitalisation initiatives and adopt innovation in their business to remain resilient.

MIDA Encourages Companies to Adopt Digitalization and Innovation Initiatives

The 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 […]

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Castrol Malaysia announces Castrol Service Package for car oil changes, which is available via Shopee

Castrol Service Package Available Online

Castrol 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. […]

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PETRONAS confirms first gas production, off the coast of Sabah, augmenting Malaysia’s petroleum investment potential.

First Deepwater Gas Production Upgrades Malaysia

PETRONAS confirms first gas production from the Rotan and Buluh fields in Block H, off the coast of Sabah, offshore Malaysia, on 6 February 2021, augmenting Malaysia’s petroleum investment potential. PTTEP Sabah Oil Limited, a subsidiary of PTT Exploration and Production Public Company Limited (PTTEP) is the operator for Block H, partnering with PT Pertamina […]

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Baker Hughes and C3 AI announced an AI collaboration with PETRONAS, in the company’s strategic digital transformation programs

Baker Hughes & C3 AI in Collaboration with Petronas

Baker 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 […]

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Petronas & Sumitomo Signs Memorandum to jointly market LNG Bunker Supply

Petronas & Sumitomo Partner in LNG Bunker Supply

Petroliam Nasional Berhad (PETRONAS), under its wholly owned subsidiary PETRONAS Trading Corporation Sdn Bhd (PETCO) and Sumitomo Corporation (Sumitomo) signed a Memorandum of Collaboration (MoC) to jointly market and supply LNG bunker and related services through the PETRONAS Marine brand in both Malaysia and Tokyo Bay, Japan. The MoC serves to build industrial platforms and […]

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The UMW Group started 2021 on an encouraging note with Perodua

UMW Group Reaps Healthy Sales

The 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, […]

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AVM to Leverage TIME Partnership for Regional Boost

AVM Cloud, which had been recently acquired by TIME dotcom, plans to unleash further product offerings, commercial models, and partnerships to enable customers’ cloud migration efforts at an unprecedented scale against growing market demand. Its CEO David Chan (pic above) said that the company can also now further their market reach through TIME’s existing regional […]

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AEON collaborates with Boxed to expand its retail offerings

AEON & Boxed on New Retail Ecosystem

AEON 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 […]

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Top(L-R): Mohd Mustafa Abdul Aziz, CEO, Malaysia External Trade Development Corporation (MATRADE); Shamsul Bahar Mohd Nor, CEO, Malaysian Green Technology and Climate Change Centre (MGTC) and Dato’ Azman Mahmud, CEO, Malaysian Investment Development Authority (MIDA). Bottom(L-R): Ahmad Shahriman Mohd Shariff, CEO, CIMB Islamic Bank Berhad and Ahmad Shazli Kamarulzaman, Deputy CEO, Group Commercial Banking, CIMB Bank Berhad.

CIMB Launches One-Stop Sustainability Solution

CIMB 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 […]

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