Thursday, August 6, 2020
KFit Holdings Pte Ltd (KFit) recently signed a deal to acquire Groupon Indonesia at an undisclosed fee. The acquisition will see KFit enter the Indonesian market with Groupon Indonesia as a wholly-owned subsidiary of KFit, while Groupon Inc will become a strategic shareholder of KFit. Groupon Indonesia is an established leader...
  Local SME Global Facilities Management Sdn Bhd (GFM) is targeting a revenue of between RM300 million and RM500 million by the year 2020 with its new solution, SAP S/4HANA Enterprise Management system. GFM, which earned RM70 million revenue in December 2015, offers the asset owners an integrated solution in the...
Tanjung Aru Eco Development (TAED) which is envisioned as a 348-hectare eco-friendly integrated waterfront, aims to enhance the Tanjung Aru vicinity through combining natural assets with new and exciting focal points for Sabahans. The development will entail the revitalization of Tanjung Aru Beach as well as the rejuvenation of Prince...
SME100 unveiled the top 100 small and medium enterprises (SME) in the country as ranked by growth and resilience. Winners of the award, organised by SME Magazine and Small and Medium Enterprises Association of Malaysia (SAMENTA), shown an average revenue growth in 2015 of 25.4 percent versus 13.9 percent...
Malaysia has made significant progress in the past six years in increasing the number of women in the workforce and in decision-making role in the corporate sector on the back of several Government initiatives rolled out to enhance the contribution of women to Malaysia’s economy and promote greater inclusiveness in the workforce, said YAB...
Times have changed. With today’s working culture shifting towards a more flexible working environment, and with businesses scaling back on operational costs, co-working spaces have become the preferred choice for many entrepreneurs and start-ups. In tandem with the rise of remote working demands and financial challenges faced by entrepreneurs in...
Eliminating barriers to greater women’s empowerment and inclusive growth in Pacific Rim economies will be the focus of actions taken by the region’s gender and economic development officials and business leaders during the 2016 APEC Women and the Economy Forum on 27-30 June in Lima, Peru. In an interview, Marcela...
With the surprising result from the recents referendum seeing the UK preparing to cut ties with the EU, CSG -- one of Hong Kong's leading marketing research firms - have teamed up with Toluna to conduct a quick poll to determine the sentiments amongst investors in the top financial...
Next bike Sdn Bhd which sold about 200 units of Ducati last year, aims to sell 1,000 units in 2012, an increase of 300 percent. General Manager C.W.Juan said the target is achievable in view of growing demand for the bikes, reflecting the economic prosperity and growing sophistication of Malaysian...
  The Malaysia Digital Economy Corporation (MDEC) and Telekom Malaysia Berhad (TM) via its wholly owned subsidiary VADS Lyfe Sdn Bhd which provides Smart City Services, have recently joined the LoRa Alliance, an open non-profit association for driving the adoption of Internet of Things (IoT). The collaboration is aimed at...
Leopad, a pioneer in Corrosion Protection Services for the Oil and Gas sector, has chosen to deploy IFS Applications 9 to consolidate operations and provide onshore and offshore project efficiencies. Leopad, headquartered in Malaysia, chose IFS Applications, including project management, financials, resource planning, sub-contractor management, asset management, and procurement, to...
  CIMB Group Holdings Berhad and Sompo Japan Nipponkoa Holdings, Inc have entered into a strategic non-life bancassurance partnership for Southeast Asia. Subject to the execution of in-country agreements, CIMB Group will distribute Sompo’s non-life insurance products through its extensive distribution network consisting of the Group’s branches, call centres and...