Business News
Plexus breaks ground for facility in Penang, its sixth in Malaysia
Plexus Corp invests RM1 billion in a new 20-acre facility in Penang, creating 1,800 jobs and supporting Malaysia’s Industrial Master Plan 2030.
Category: Company
Business News
Nestle Malaysia H1 results: Strong market leadership maintained
Nestlé Malaysia's H1 2024 sales fell 8% to RM3.3 billion due to subdued consumer sentiment. Profit remained healthy, with efforts to moderate price increases
Business News
Company News: Engineering contracts and new shares
MN Holdings Bhd has secured a substation engineering contract worth RM136.2mil in Johor
Business News
Analysts on Gamuda’s AUD1.6 Billion Perth Rail Project As Order Book Soars
Gamuda secures a AUD1.6b rail project in Perth, boosting its order book to RM26.5b, with a maintained BUY rating at RM7.50.
Business News
Moody’s Ratings Affirms PETRONAS and PETRONAS LNG Ratings; Outlook Stable
Moody's affirmed PETRONAS' A2 ratings for both local and foreign currency, citing strong credit metrics, large hydrocarbon reserves, and excellent liquidity.
Business News
VinFast opens three dealerships in the Philippines
VinFast opens three dealerships in Manila, launching the VF 5 electric SUV and expanding its network to support the Philippines' shift to electric vehicles.
Business News
Swing & Pillows Expands with Acquisition of 5 Hotels in Bukit Bintang
Swing & Pillows expands into Bukit Bintang, acquiring five hotels, solidifying its position as Malaysia's largest co-living and hotel chain operator.Swing & Pillows expands…
Business News
JomDonate at the centre of the probe on influencer couple
JomDonate.com faces scrutiny over donation misuse and alleged political ties, involving influencers Aisyah Hijanah Azhari, Aliff Teega, and Jom Digital Sdn Bhd.
Company
David Wang: Huawei Advancing 5.5G and Shaping the Mobile AI Era
Kuala Lumpur, 09 July 2024 – Over the past five years, 5G has significantly impacted the global mobile industry, enhancing global services, increasing speeds,…
Business News
AIRSCREAM UK Reaffirms Safety Commitment with SIRIM Certifications
AIRSCREAM UK said that the MS SIRIM marking will be placed on its certified vape devices, spare parts and on the packaging of the devices to be easily…
Artificial Intelligence
High-Growth Supply Chain Businesses Adopting AI and Machine Learning at Faster Pace than Competitors, Epicor Study Finds
Businesses are also implementing machine learning most frequently in inventory optimization (45 percent) and demand forecasting (40 percent), underlining the critical role of these…
Business News
HRD Corp Spending Under Scrutiny
MACC investigates HRD Corp for financial mismanagement after audit report reveals non-compliance, high-risk investments, and politically motivated spending, including RM1.5 million Tapah project.
Company
The Return of The Beloved Physical Keyboard with Clicks
Gadway says it is very simple to slide the iPhone into clicks and you get a full keyboard that gives you the full real…
Business News
Zoomlion Expands Global Footprint with Over 140 Countries
Zoomlion has 6S stores in Thailand, with new subsidiaries established in key markets such as Malaysia, Nigeria, and Oman.
Appoinments
Supermom appoints Hellen Katherina as country director of Indonesia
With the appointment of Hellen Katherina and the launch of our ambitious Project 1MPACT, we are geared to activate over 1 million ‘Key Opinion…