AMSTERDAM, Sept 1 (Bernama-BUSINESS WIRE)– Tommy Hilfiger, which is owned by PVH Corp. [NYSE:PVH] announces Make it Possible, a bold approach to environmental and social sustainability that reinforces the organization’s commitment to create fashion that ‘Wastes Nothing and Welcomes All’. With Make it Possible, Tommy Hilfiger is initially committing to 24 ambitious targets…

Acquisition of Innovix will accelerate Tech Data’s growth as a leading end-to-end solutions aggregator in Asia Pacific. SINGAPORE, Sept 1 (Bernama-BUSINESS WIRE) — Tech Data today announced it has entered into an agreement to acquire Innovix Distribution, a leading technology distributor that will grow Tech Data’s presence across the Asia Pacific region…

KUALA LUMPUR, Malaysia, Sept 1 (Bernama-PRNewswire) — Amadeus, an industry-leading provider of hospitality technology solutions, has announced a new agreement with Sunway Hotels & Resorts, one of Asia’s most prominent international hotel groups, to deliver a comprehensive technology solution enabling them to streamline reservations and loyalty programs across Sunway’s 11…

KUALA LUMPUR, Sept 1 (Bernama) — The Inland Revenue Board of Malaysia (IRBM) wishes to inform that the Federal Court in a landmark decision on 26 August 2020 quashes the Bintulu Lumber Development Sdn Bhd’s bid in challenging the IRBM’s assessments by way of Judicial Review. After hearing vigorous arguments and…

The Group targets an absolute cost reduction of around RM500 million or 5% for FY20 through rigorous cost optimisation measures to mitigate the challenging economic environment.  – 1H20 PBT of RM910 million and Net Profit of RM785 million with lower annualised ROE of 2.8% due to elevated loan provisions and…

KUALA LUMPUR, Aug 28 (Bernama) — August 31st is the great national holiday of Malaysia and Kyrgyzstan, two countries with a long history of friendship and cooperation.Even though Malaysians live in the most southeastern part of Asia and are separated with Kyrgyzstan by thousands of kilometers, they are united by a single…

PETALING JAYA, Aug 28 (Bernama) — In line with the government efforts to leverage on digital skills in the age of technology, Machinery and Equipment Productivity Nexus (MEPN), fully supported by Malaysia Productivity Corporation (MPC) is introducing PRODUCTIVITY1010 (Productivity through Digitisation) via Business Virtual Mentoring Services (BVAM) to assist companies in developing individual digitisation…

• Disrupted supply and weaker demand affected manufacturing business, with heavy expenses thinning operating profits• Impairment loss recognised on asset held for disposal and investment property• Long-term business strategy and value creation plans expected to leap Group prospect beyond 2020. SHAH ALAM, Aug 28 (Bernama) — Kumpulan Perangsang Selangor Berhad (“KPS”…

KUALA LUMPUR, Aug 27 (Bernama) — The prolonged Covid-19 pandemic had a significant impact on UMW Holdings Berhad’s financial results for the first six months of 2020. The Group’s revenue reduced by 36.6% to RM3,648.9 million. The Group was also impacted by share of losses of RM44.1 million from one of…