HIGHLIGHTS · Group Profit Before Zakat and Taxation (“PBZT”) was 7.5% lower at RM574.1 million.· Net Return on Equity (“ROE”) was 12.6%.· Bank Islam posted RM389.0 million in PBZT.· Takaful Malaysia’s PBZT was RM211.8 million. KUALA LUMPUR, Aug 27 (Bernama) — BIMB Holdings Berhad’s (“BHB”) warded off major challenges triggered by the COVID-19 pandemic, posting…

KUALA LUMPUR, Aug 27 (Bernama) — The voices of entrepreneurs in the East Coast can now not only be heard by the locals, but will also reach listeners in the Klang Valley, Johor Bahru, Kuching and Kota Kinabalu. This is made possible by a Memorandum of Understanding (MoU) signed today between…

CHICAGO, Aug 27 (Bernama-BUSINESS WIRE) — ADM (NYSE: ADM) today announced that it has completed the second of its two previously announced capital raising transactions: the issuance of $300 million aggregate principal amount of zero-coupon bonds, due in 2023 and exchangeable into Wilmar shares. When combined with ADM’s secondary block trade…

ESS by Rahi will deliver Flexibility, Platform As A Service and Global Deployment. FREMONT, Calif., Aug 27 (Bernama-BUSINESS WIRE) — Rahi announced today the launch of its new end-to-end global Platform as a Service (PaaS) called Elevate Subscription Services (ESS) by Rahi. The service will deliver elastic subscription-based technology frameworks that…

KUALA LUMPUR, Malaysia, Aug 27 (Bernama-PRNewswire) — ParkCity will be launching a first-of-its-kind condo development, Park Place, in Q3 of 2020. Spanning over 4.55 acres, the Park Place project will stand at 53 storeys high with a total of 537 units. Aiming to incorporate a fresh concept that includes public…

KUALA LUMPUR, Aug 26 (Bernama) — South Korea’sYanolja, a global top leisure platform, and Bnetworks, an incubatee of Technology Park Malaysia (TPM) Corporation, have established their partnership with a Strategic and Technology Development Agreement to expand its hotel solutions into the Southeast Asian market. According to the terms of the deal,…

KUALA LUMPUR, Aug 26 (Bernama) — Dato’ Sri Hajah Nancy Shukri, Minister of Tourism, Arts and Culture has launched the Cuti-Cuti Malaysia TV Promo Campaign at Dewan Tun Dr. Ismail, World Trade Center (WTC) Kuala Lumpur today. The Cuti-Cuti Malaysia TV Promo Campaign is one of Tourism Malaysia’s initiatives in…

KUALA LUMPUR, Aug 26 (Bernama) — Due to the ongoing pandemic, Malaysian Financial Planning Council (“MFPC” or the “Council”) has virtually organized its sixteenth Annual General Meeting (“16th AGM”) and this allow our National Council members, MFPC members, Chartered Promoter Organisation (ChPO), Financial Services Organisation (FSO), Chartered Financial Services Institution (ChFSI)…

PETALING JAYA, Aug 26 (Bernama) — Malaysia Productivity Corporation (MPC) with Retail and Food & Beverage Productivity Nexus has moved up the mentoring programme of the retail and food & beverage sector by leveraging on digital technology. The current approach entitled “Productivity Digitisation (Productivity 1010) Retail and F&B” is expected to…

ZHUHAI, China, Aug. 26, 2020 /Xinhua-AsiaNet/– China first started implementing Special Economic Zones(SEZ) in the year 1980 in southeastern coastal area, with Zhuhai being one of them. As a pilot area in reform and opening-up, beyond tax incentives to foreign investors, SEZs enjoy simplified customs procedures and fewer regulatory constraints.  This year marks…