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SME Bank is set to empower social enterprises and sustainable business for MSMEs following the announcement of Budget 2023: Building Malaysia MADANI, which consists of three new programmes amounting to RM31 million. The Government also re-announced RM1.34 billion for existing financing facilities and an additional RM9 million for other current entrepreneur programmes under SME Bank. […]
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Sports and youth minister Hannah Yeoh today encouraged the youth community to upskill and reskill, especially during weekends, so as to further enhance their skillsets while supplementing their incomes. She also urged youths to “follow their passions” while working to their strengths, adding that “no economic downturn can hinder when you have the appropriate skills”. […]
Continue ReadingPETRONAS and the Sabah State Government continue to expand the collaboration in the oil and gas industry through a Heads of Agreement (HOA) signed yesterday between PETRONAS Carigali Sdn Bhd (PCSB), a wholly-owned subsidiary of PETRONAS and SMJ Sdn Bhd (SMJSB), a company wholly-owned by the Sabah State. The HOA paves the way for SMJSB’s […]
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SAP SE (NYSE: SAP) today announced the appointment of Saqib Sabah (pic) as the new Managing Director of SAP Malaysia Sdn Bhd. Prior to his appointment, Saqib served as the Chief Operating Officer for three years in SAP Pakistan. Verena Siow, President and Managing Director, SAP South East Asia believes Sabah will lead SAP Malaysia to aid in accelerating Malaysia’s progress […]
Continue ReadingPETRONAS Dagangan Berhad (PDB) achieved a strong performance for the year ended 31 December 2022, boosting its full year revenue by 62 per cent to RM36.7 billion, on the back of higher sales volume and average selling price. Pre-tax profit for the year also rose by 53 per cent to RM1.1 billion, compared to RM740.8 […]
Continue ReadingThe MIE Racing Honda Team today announced its new title sponsor, PETRONAS, ahead of the 2023 FIM Superbike World Championship, which is set to begin this coming weekend at the Australian circuit of Phillip Island. The agreement with PETRONAS will enable Midori Moriwaki’s team to expand upon its projects and set itself some ambitious goals […]
Continue ReadingAfter a record-breaking achievement in 2022, the UMW Group started 2023 with delivery of 28,235 vehicles, 13% higher than the 24,972 units registered in the same month last year, as both UMW Toyota Motor (“UMWT”) and UMW’s associate company, Perodua continue to fulfil its encouraging outstanding bookings. UMWT started 2023 with the delivery of 6,786 […]
Continue ReadingLAUNDRYBAR’S Mudarabah Investment Scheme in 2022 continues to deliver consistent investment returns even after facing challenges from the previous COVID-19 pandemic. Investors of the Laundrybar Mudarabah Investment Scheme have continued to trust in the scheme and receive a high return on investment for the year 2022. As per the statement released by Laundrybar, investors received […]
Continue ReadingPETRONAS today launched the Malaysia Bid Round 2023 (MBR 2023), offering 10 exploration blocks and two clusters of Discovered Resource Opportunities (DRO). Themed “Winning the Energy Transition with our Advantaged Energy”, MBR 2023 saw the participation of more than 50 oil and gas companies, as well as government agencies, foreign trade attachés and energy market […]
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