Business

Sabasco: Sabah’s ‘Secret Sauce’ for all to Savour

Thanks to East Malaysia’s leading fast-food chain SugarBun and its parent company Borneo Oil Berhad (BornOil), Sabah’s ‘secret sauce’ of the ‘Momporok’ chilli is now available nationwide in the form of ‘Sabasco’ for all to savour. A media member was so impressed that he exclaimed: “I managed to score a bottle of the spicy along with […]

MyIX Unveils New Logo

The Malaysia Internet Exchange (MyIX) has unveiled a new logo to reflect Malaysia’s progression into a fully-fledged Digital Economy with internet connectivity being the key enabler. In a statement, the exchange said that the new logo, inspired by traditional Malaysian weave craft, represents the exchange’s values and brand promise. The overlapping lines and colours are […]

Financial Markets

BornOil Acquires 166m Shares in Verde Resoruces

In an announcement to Bursa Malaysia Securities today, Borneo Oil Berhad (Bornoil) said its indirect wholly-owned subsidiary, Borneo Energy Sdn Bhd (BOE), has entered into a sale and purchase agreement with Gold Billion Global Limited (GBG) for the disposal of technology assets and intellectual property rights for a total consideration of USD5 million. In return, BOE would […]

Regulators Urge Investor Caution on Social Media Influence

The 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 […]

CEOs’ Business Confidence Shaken in The Wake of COVID-19 Crisis

According to the 2020 KPMG Global CEO Outlook report, only 22 percent of CEOs in Asia Pacific remain confident about the growth prospects of the global economy over the next three years (a significant drop from 67 percent in January 2020). But on a more positive note, CEOs are much more assured in the resilience of their […]

Technology

SAP Reveals Winners of Best Run Awards 2021 SEA

SAP (NYSE: SAP) today announced winners of the SAP Best Run Awards 2021 for Southeast Asia (SEA). The SAP Best Run Awards, the first of its kind in the region, recognises and celebrates leading organisations in Southeast Asia that have harnessed innovations from across SAP’s ecosystem of products and services, turning insights into action to drive […]

Society

SDB Expands an Already Impressive CSR Lineup

As part of its corporate social responsibility (CSR) commitment, boutique property developer Selangor Dredging Berhad (SDB) continues to introduce initiatives that offer support and create opportunities for individuals with disabilities. Its group managing director Teh Lip Kim said that these initiatives are aimed at helping such people acquire skills that will prepare them for a […]

Effendi Jagan Reflects on Being a Man City Fan Through the Decades

Licensed Fifa Match Agent and Registered FA Malaysia Players Intermediary Effendi Jagan Abdullah shares what it’s like being a Man City fan all these decades. Having been a Manchester City fan for well over 50 years, it’s most gratifying now with City having established themselves as an European powerhouse.  In the late seventies and early eighties […]