Business

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 […]

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. […]

Financial Markets

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 […]

SAP Intends Qualtrics IPO to Boost Market Potential

SAP SE (NYSE: SAP) recently announced its intent to take Qualtrics public through an initial public offering (IPO) in the United States. Qualtrics is the market leader and creator of the Experience Management (XM) category, a large, fast growing and rapidly evolving market. SAP intends to remain the majority owner of Qualtrics. SAP’s primary objective for […]

Technology

Bank Islam Adopts SAP SuccessFactors for Better HCM

Malaysia’s biggest standalone Islamic bank, Bank Islam Malaysia Berhad, has embraced SAP SuccessFactors to bring its human capital management (HCM) efforts to the next level while improving employee productivity in the ‘new norm’. Its Chief Executive Officer, Mohd Muazzam Mohamed, said, “Bank Islam is a firm believer of technology and how digital transformation yields greater […]

Society

SBD Moves on New CSR Activities

Selangor Dredging Berhad (SDB) recently embarked on a Corporate Social Responsibility (CSR) programme for young adults with disabilities called One-Two-Boost (OTB). Under this CSR initiative, SDB is collaborating with TCM (Traditional Chinese medicine) practitioners Ms. Lin Cze-Pern and Mr Go Pei Heng who are also graduates from the Nanjing University of Chinese Medicine to create […]

Celebrate Chinese New Year With a Feast From Hotel Maya

Hotel Maya Kuala Lumpur is bringing the festivities of the Year of the Ox directly into the hearts and homes in the Klang Valley this Chinese New Year. “With the Movement Control Order in force, we understand many locals will not be able to host their reunion and celebratory dinners amongst family and friends. We […]