UMW Holdings’ Net Profit Increased 16.8% To RM86.5 Million In 1Q19; Higher Revenue Achieved By All Three Core Businesses

KUALA LUMPUR, May 21 (Bernama) — UMW Holdings Berhad’s revenue from Continuing Operations rose 14.9% to RM2,774.8 million, propelled by better showing from all three core business segments.  The Automotive segment registered higher vehicle sales in the first quarter of 2019, while improving sales in the heavy equipment business boosted the…

Potboy First Launch of Drop Zone at Prima Avenue, Cyberjaya

CYBERJAYA, May 21 (Bernama) — Potboy Groceries, a homegrown online groceries platform, once again had brought an online to offline (O2O) grocery shopping for Malaysian consumer to experience and this time it called “Potboy Raya O2O” event. Alongside the Raya O2O event, Potboy Groceries has launched its first drop zone in…

NRI FT India and Digital Asset to Deliver DAML Driven Applications to Capital Markets

KOLKATA, India, May 21 (Bernama-BUSINESS WIRE) — Nomura Research Institute Financial Technologies India Pvt. Ltd. (NRI FT India), a wholly-owned subsidiary of Nomura Research Institute (NRI) (TOKYO: 4307), has partnered with Digital Asset to create innovative capital markets applications using DAML, the open source smart contract language created by Digital Asset…

PETRONAS Floating LNG Satu Achieves Its First LNG Drop Post Relocation

SABAH, May 21 (Bernama) — PETRONAS achieved its first liquefied natural gas (LNG) drop by its floating LNG facility, PETRONAS Floating LNG Satu (PFLNG Satu) at the Kebabangan cluster field, 90 kilometres offshore Sabah, recently. Operated by Kebabangan Petroleum Operating Company Sdn Bhd (KPOC), Kebabangan field is the second location for…

Best´s Market Segment Report: Growth Opportunities Abound in Hong Kong´s Health Insurance Market

HONG KONG, May 21 (Bernama-BUSINESS WIRE) — High out-of-pocket payments by patients at private hospitals and overwhelming demand for public health care underscores the need for further development of Hong Kong’s health insurance sector, according to a new AM Best market segment report. With the recently launched Voluntary Health Insurance Scheme (VHIS), which…

Asia-Pacific Economic Cooperation (APEC) 2019 25th APEC Ministers Responsible For Trade (MRT) Meeting

KUALA LUMPUR, May 21 (Bernama) — The 25th Asia Pacific Economic Cooperation (APEC) Ministers Responsible for Trade (MRT) Meeting was held on 17 and 18 May 2019 in the port city of Valparaiso, Chile. All 21 APEC Economies attended the Meeting, namely Australia, Brunei, Canada, Chile, China, Hong Kong China, Indonesia, Japan,…

​Trading Technologies Launches Connectivity To CoinFLEX, World’s First Physically Delivered Crypto Futures Exchange

SINGAPORE, May 21 (Bernama-BUSINESS WIRE) — Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, today announced that connectivity to CoinFLEX, the world’s first physically delivered bitcoin futures exchange, is now available to eligible professional and retail traders outside the U.S. through the…

Fusionex Ramps up Yield for Multinational Manufacturer with IR 4.0 Solutions

KUALA LUMPUR, Malaysia, May 21 (Bernama-BUSINESS WIRE) — Fusionex, a leading multi-award-winning data technology provider specializing in Big Data Analytics, Artificial Intelligence (AI), and Industrial Revolution (IR) 4.0 has clinched a multimillion-dollar contract to increase the productivity and harvest yield of a large manufacturer through the use of IR 4.0 technologies.Founded…

CapitalBay to Launch P2P Financing Platform that Provides Supply Chain Financing to Businesses

KUALA LUMPUR, May 17 (Bernama) — CapitalBay, an award-winning Malaysian multi-bank supply chain finance platform has received the approval from the Securities Commission Malaysia (SC) to operate a peer-to-peer (P2P) financing platform. The registration licence was presented today in a ceremony hosted by the Chairman of SC, YBhg Datuk Syed Zaid…

Agrobank Celebrates Asnaf Children With A Ramadan Treat

KUALA LUMPUR, May 17 (Bernama) — Agrobank organised Program Kasih Ramadan to celebrate asnaf children from Pertubuhan Baitul Ehsan Al-Khairi on 16 May 2019. The programme includes talk on financial management as well as shopping session for Raya preparation.Program started in the morning with “Celik Wang” session and a visit to the Bank…