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Angkasa requests RM300m allocation in upcoming budget

Angkasa requests RM300m allocation in upcoming budget

PETALING JAYA: Angkatan Koperasi Kebangsaan Malaysia Bhd (Angkasa) is asking for an allocation of RM300 million in the upcoming Budget 2019, to be distributed to cooperatives across eight sectors to improve their efficiency. Angkasa’s president Datuk Abdul Fattah Abdullah said last year, it received RM100 million through the Cooperatives Commission and Koperasi Jayadiri Malaysia Bhd, […]

October 15, 2018 | By | Reply More
Ex-chief of China asset management firm prosecuted for graft

Ex-chief of China asset management firm prosecuted for graft

A man (bottom left) cycles past the No.1 Intermediate People’s Court in the northern city of Tianjin on April 12, 2018, where a former top Chinese Communist Party official who was once tipped for a leadership post pled guilty at his bribery trial. (AFP pic) BEIJING: The former chairman of a Chinese state-controlled asset management […]

October 15, 2018 | By | Reply More
Asian shares resume decline, Saudi tensions lift oil prices

Asian shares resume decline, Saudi tensions lift oil prices

Investors are in a buoyant mood as concerns about the China-US trade war make way for the strong US economy (AFP pic) TOKYO: Asian shares slipped on Monday as worries over Sino-U.S. trade disputes, a possible slowdown in the Chinese economy and higher U.S. borrowing costs tempered optimism despite a rebound in global equities late […]

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Bursa Malaysia turns lower at mid-afternoon

Bursa Malaysia turns lower at mid-afternoon

Bursa Malaysia (Bernama pic) KUALA LUMPUR: Bursa Malaysia turned lower at mid-afternoon today, weighed on by losses in selected index-linked counters. At 3.03pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,728.44, down 2.3 points from 1,730.74 on Friday, after opening 1.34 points weaker at 1,729.4. On the broader market, losers outpaced gainers […]

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Waze Appoints Kelvin Sim as New Country Manager for Malaysia

Waze Appoints Kelvin Sim as New Country Manager for Malaysia

Waze moves to strengthen its position as Malaysia’s go-to platform for bringing together communities on and off the road, with the appointment of Kelvin Sim as its new Country Manager for Malaysia. As the country’s new lead, Kelvin’s focus will be on growing the business, establishing local partnerships to improve the driving experience for all […]

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Fundaztic And PitchIN Enhancing The Alternative Funding Ecosystem

Fundaztic And PitchIN Enhancing The Alternative Funding Ecosystem

For the very first time, two crowdfunding platforms that are regulated as Recognised Market Operators (RMO) by the Securities Commission (SC) are forming an alliance with the aim of boosting awareness, trust and acceptance in the industry besides offering exciting fundable deals to investors. The alliance will see Fundaztic, the peer-to-peer (P2P) financing market leader […]

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Everise Acquires Hyperlab To Inject AI Into The BPO/Customer Service Industry

Everise Acquires Hyperlab To Inject AI Into The BPO/Customer Service Industry

Everise recently announced the acquisition of Hyperlab, Southeast Asia’s leading Conversational Artificial Intelligence (AI) company. The acquisition will see Everise take a majority stake in the Malaysia-based company, adding Hyperlab to its own suite of solutions that allow its clients to interact with their customers at a time, place and channel of their choosing. Through […]

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An apple a day

An apple a day

The Apple Fox Pinball Machines will be placed in select supermarkets. — Sunpix by Amirul Syafiq Mohd Din Apple Fox Cider on draught’s launch on Oct 12 saw a massive turnout, with Son Of A Policeman (L) serenading the crowd. — Sunpix by Amirul Syafiq Mohd Din There are several apple-themed activities lined up for […]

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Gogoprint Raises US$7.7 Million in Funding to Fuel Product Innovation and Drive Regional Expansion

Gogoprint Raises US$7.7 Million in Funding to Fuel Product Innovation and Drive Regional Expansion

Singapore-headquartered online printing startup, Gogoprint, has successfully raised US$7.7 million (S$10.56 million) from institutional and private investors. Series A funding was led by OPG (Online Printing Group), the investor and partner behind the success of Printi.com.br in Brazil. This round of financing will further accelerate Gogoprint’s product development roadmap and regional expansion into new markets: […]

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Sears files for bankruptcy

Sears files for bankruptcy

A Sears Essentials store in Palatine, Illinois. (AFP pic) HOFFMAN ESTATES: Sears Holdings Corp filed for Chapter 11 bankruptcy on Monday, throwing into doubt the future of the century-old retailer that once dominated US malls but has withered in the age of internet shopping. Sears listed assets in the range of US$1 billion (RM4.16 billion) […]

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