Thu, 22 Aug 2019, 2:01 AM
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Topic: CEO

Digital News Asia:
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SOUTHEAST Asian venture capital firm East Ventures announced on Aug 21, the close of its sixth fund at US$75 million (RM313.41 million), more than double the firm’s initial US$30 million target (RM1...
The Edge Markets:
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KUALA LUMPUR (Aug 21): Singapore-based insurtech firm Axinan, through its subsidiary Axinan Labuan Ltd, has secured a combined General and Reinsurance licence, issued by the Labuan Financial Services ...
The Star:
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PETALING JAYA: Lembaga Tabung Haji (TH), which has been on a transformation programme in the last 13 months under the stewardship of Datuk Seri Zukri Samat(pic), is expected to post a higher profit this year.
Malay Mail:
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FRANKFURT AM MAIN, Aug 20 — Only a dozen airlines will eventually share the aviation market for major international routes, predicts Lufthansa’s CEO, while a possible future economic crisis could ...
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General Motors chairman and CEO Mary Barra (left) interacting with plant employees and managers in this April 2019 file pic.
The Edge Markets:
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DATUK Wira Boo Kuang Loon, CEO and executive director of Yong Tai Bhd, warns against being too optimistic.
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KUALA LUMPUR (Aug 20): AIA Bhd has appointed Ben Ng as its new chief executive officer (CEO) to help the global insurance company optimise its growth in Malaysia.
The Edge Markets:
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This article first appeared in The Edge Malaysia Weekly as "KTMB CEO said to be stepping down next month", on August 12, 2019 - August 18, 2019.
Malay Mail:
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KUALA LUMPUR, Aug 20 — Lembaga Tabung Haji (TH) CEO Datuk Seri Zukri Samat is expected to cut short his two-year tenure due to health reasons, The Malaysian Reserve (TMR) reported yesterday, citing ...
Malay Mail:
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KUALA LUMPUR, Aug 20 — Lembaga Tabung Haji (TH) CEO Datuk Seri Zukri Samat is expected to cut short his two-year tenure due to health reasons, The Malaysian Reserve (TMR) reported yesterday, citing ...
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KUALA LUMPUR (Aug 19): Former prime minister Datuk Seri Najib Razak had never denied that the signatures on the documents related to his personal AmBank accounts which received and transferred the RM4...
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KERETAPI Tanah Melayu Bhd (KTMB) CEO Mohd Rani Hisham Samsudin will be stepping down after two years at the helm when his current contract expires next month, sources say.
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Bank Pembangunan Malaysia Bhd recently uploaded its audited financial statements for the financial year ended Dec 31, 2018 (FY2018). What stood out is the development financial institution’s high gr...
The Star:
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An environment lacking in compassion is not good for business and the country in the long run.
Digital News Asia:
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In line with its drive towards building trust in the cybersecurity industry, Kaspersky on Fri Aug 16 announced the opening of its first Transparency Center in Asia Pacific, in partnership with CyberSe...
The Star:
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SEPANG: AirAsia Group Bhd has announced a leadership reorganisation in support of its transformation into a travel and financial platform company and to build airasia.com into a lifestyle brand.
Malay Mail:
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KUALA LUMPUR, Aug 16 — AirAsia Group Bhd chief executive officer (CEO) Tan Sri Tony Fernandes has been appointed as the CEO of airasia.com, the low-cost airline’s travel and lifestyle e-commerce p...
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KUALA LUMPUR: AirAsia Group Bhd reorganises its leadership to support airasia.com, as the budget airline shows off the future of air travel
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KUALA LUMPUR (Aug 16): In support of its transformation into a travel and financial platform company, AirAsia Group Bhd said it has reorganised its leadership team to spearhead the changes.
kopiandproperty.com:
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When people are not buying properties, the developers will provide more freebies.
SoyaCincau.com:
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It appears that Huawei is pushing back the release of its Mate X. Initially scheduled to be available in September, the foldable device that can transform from a smartphone into a tablet form factor, ...
The Star:
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KUANTAN: Lynas Malaysia is confident of obtaining consent for the location of a permanent deposit facility (PDF) for its water leach purification (WLP) residue within six months.
The Star:
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PETALING JAYA: Sarawak Consolidated Industries Bhd (SCIB) has received a conditional mandatory general offer (MGO) from its major shareholder, Datuk Mohd Abdul Karim Abdullah.
The Star:
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KUALA LUMPUR: Serba Dinamik Bhd founder and CEO Datuk Mohd Abdul Karim Abdullah has made a conditional mandatory takeover offer for shares he does not already own in Sarawak Consolidated Industries Bhd (SCIB) at RM1.10 a share.KUALA LUMPUR: Serba Dinamik Bhd founder and CEO Datuk Mohd Abdul Karim Abdullah has made a conditional mandatory general offer for a shares in Sarawak Consolidated Industries Bhd (SCIB) at RM1.10 a share.
Tech in Asia:
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This article is from an episode on Disrupting Japan.
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Myanmar-based property portal Shwe Property raised US$3 million in a series B round led by Singapore private equity fund manager Emerging Markets Investment Advisors.
Malay Mail:
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WASHINGTON, Aug 15 — The top executives at large US companies are paid 278 times more than their company’s workers and the gap continues to widen, according to a study published yesterday.
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LATE last month, PT Eagle High Plantations Tbk appointed Malaysian national Ramesh Veloo as its president director, or basically CEO in Indonesian parlance.
The Star:
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KUALA LUMPUR: Cagamas Bhd issued its three-year RM400mil Islamic medium term notes (IMTN) at a competitive rate of 3.5%.
Channel NewsAsia:
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Boboiboy Movie 2 has raked in RM9.9m (S$3.27m) at the box office after just five days.
Malay Mail:
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NEW YORK, Aug 13 — CBS Corp and Viacom Inc have reached an agreement in principle, sources familiar with the matter told Reuters today, taking one step closer to reuniting media mogul Sumner Redston...
Malay Mail:
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HONG KONG, Aug 13 — The top shareholder and manager of Cathay Pacific Airways condemned protests in Hong Kong and vowed to follow China’s aviation regulations, after the airline suspended a second...
theSun:
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KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) has met former CEO of SRC International Sdn Bhd, Nik Faisal Ariff Kamil, and fugitive businessman Low Taek Jho, better known as Jho Low, o...
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KUALA LUMPUR (Aug 13): In just six months after opening its doors for business, CIMB Bank Philippines (CIMB Bank PH) has secured a total of 500,000 customers.
Tech in Asia:
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Pakistani mobility startup Airlift Technologies has raised over US$2.2 million in seed funding from Fatima Ventures and Gobi Partners through their Techxila Fund I and Indus Valley Capital.
Tech in Asia:
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Singapore-based fintech startup Koku announced plans to expand into Indonesia following a US$2 million pre-series A funding round led by Decent Capital earlier this year.
Malay Mail:
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KUALA LUMPUR, Aug 13 — Penang-born financier Low Taek Jho and former CEO of SRC International Sdn Bhd Nik Faisal Ariff Kamil met the Malaysian Anti-Corruption Commission (MACC) in 2015 and even prom...
The Star:
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KUALA LUMPUR: CIMB Bank Philippines (CIMB Bank PH) has garnered 500, 000 customers, about six months since it started operations in the Philippines.
CarSifu:
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DUBAI: W Motors has announced that all 10 of its ultra-exclusive Fenyr SuperSport Launch Editions have been sold.
Tech in Asia:
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China-based digital payments firm QFPay has received US$20 million in funding to further drive its global expansion efforts.
The Edge Markets:
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As it turns out, DreamEDGE Sdn Bhd — the Cyberjaya-based company spearheading the new national car project — used to be 52.63%-owned by VentureTECH Sdn Bhd, a unit of government agency Malaysian I...
The Edge Markets:
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DreamEDGE Sdn Bhd — the Cyberjaya-based company leading the third national car project alongside Japanese carmaker Daihatsu Motor Co Ltd — is previously majority-owned by government-controlled Mal...
Tech in Asia:
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BeliMobilGue, an Indonesian online marketplace for used cars, has received a US$30 million commitment from Berlin-based joint venture partner Frontier Car Group for the next two years to help drive it...
The Star:
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BANGALURU: Facebook Inc is participating in a US$125mil (RM525mil) fundraising for an Indian startup that is aiming to bring more commerce to social networks like, well, Facebook.
The Star:
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SMALL and medium-sized companies with high revenue growth in the period between 2015-2018 currently have the chance to apply for inclusion in the ranking Malaysia’s Growth Champions.
The Star:
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Big Tech companies like Facebook, Twitter and YouTube have content moderation policies warning users against uploading or posting “extremist” or “hateful” content. Every day, tech companies’ algorithms flag posts and videos and tweets, some of which are taken down for violating those policies.
The Star:
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San FRANCISCO: Broadcom Inc said it agreed to buy Symantec Corp’s division that serves business customers for US$10.7bil in cash, adding software designed to keep hackers out of corporate systems.
Malaysiakini:
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KINI ROUNDUP | Key headlines you may have missed yesterday, in brief.
EdgeProp.my:
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KUALA LUMPUR (Aug 10): Five witnesses in the ongoing trial of Datuk Seri Najib Razak (pictured) on the alleged misappropriation of RM42 million from SRC international Sdn Bhd have passed away, the inv...
EdgeProp.my:
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PETALING JAYA: Thailand-based hospitality management group ONYX Hospitality Group (ONYX) targets to manage at least 10 hotels across its hotel brands in Malaysia by 2024.
The Edge Markets:
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KUALA LUMPUR (Aug 9): DreamEDGE Sdn Bhd — the Cyberjaya-based company leading the third national car project alongside Japanese auto company Daihatsu Motor Co Ltd — is majority-owned by Government...
The Edge Markets:
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KUALA LUMPUR (Aug 9): Five witnesses in the ongoing trial of Datuk Seri Najib Razak on the alleged misappropriation of RM42 million from SRC international Sdn Bhd have passed away, the investigating o...
CarSifu:
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From left: Hulu Selangor District Council corporate communications officer Junainah Abdullah, Perodua Sales transformation director JH Rozman Jaafar, Hulu Selangor District Council Shukri Mohamad Hami...
Channel NewsAsia:
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KUALA LUMPUR: Malaysia filed criminal charges against 17 current and former directors at subsidiaries of Goldman Sachs Group Inc over the multi-billion dollar corruption probe at state fund 1MDB, the...
Channel NewsAsia:
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KUALA LUMPUR: Malaysia filed criminal charges against 17 current and former directors at subsidiaries of Goldman Sachs Group Inc over the multi-billion dollar corruption probe at state fund 1MDB, the ...
The Straits Times:
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KUALA LUMPUR (REUTERS) - Malaysia filed criminal charges against 17 current and former directors at subsidiaries of Goldman Sachs Group over the multi-billion dollar corruption probe at state fund 1MD...
Malay Mail:
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WASHINGTON, Aug 9 ― Broadcom announced plans yesterday to buy the enterprise unit of cybersecurity firm Symantec Corp for US$10.7 billion (RM44.8 billion) in a move to further diversify the US semic...
Free Malaysia Today:
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The Edge Markets:
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AT least RM12.38 million in cash was deposited in several transactions into Datuk Seri Najib Razak’s bank accounts at AmBank between June 2014 and March 2015, to ensure that the cheques written by t...
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KUALA LUMPUR (Aug 8): The Energy Commission has appointed Abdul Razib Dawood as its new chief executive officer effective Aug 1, 2019.
Malay Mail:
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JAKARTA, Aug 8 — The former CEO of Indonesian carrier Garuda has been arrested on money-laundering charges linked to a major corruption scandal that saw British engine-maker Rolls-Royce pay more tha...
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PETALING JAYA: For the up-coming Kuching Marathon 2019, not only will Isuzu have a large presence as the event’s main sponsor, a team led by Isuzu Malaysia’s CEO will be participating in the event...
SoyaCincau.com:
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Alongside the Galaxy Note 10 series, Samsung introduced the Galaxy Book S at the Galaxy Unpacked 2019 event earlier this morning.
Tech in Asia:
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Digital marketing agency Hashmeta has acquired Singapore-based fashion marketplace ShopperBoard for an undisclosed sum.
SoyaCincau.com:
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Xiaomi’s sub-brand, Redmi, is expected to announce a new smartphone that will utilise Samsung’s 64MP GW1 ISOCELL image sensor.
The Edge Markets:
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KUALA LUMPUR (Aug 7): The newly-forged CIMB Islamic Bank Bhd-Takaful Ikhlas General Bhd partnership is targeting RM168 million in gross contribution from the sale of Islamic insurance or takaful produ...
Vulcan Post:
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If you’ve ever despaired over the stereotype that you have to be employed in a multinational company or the Big Four to be considered successful, know that you’re not alone.
Vulcan Post:
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WOBB is a Malaysia-based job portal founded in 2014 that targets Gen Y and Gen Z job hunters.
e27:
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WOBB, a job search portal targeting Generation Y and Z job seekers in Malaysia, announced that it has received US$1.3 million pre-Series A investment from CAC Capital, Accord Ventures, and Actcelerate...
CarSifu:
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PORT LOUIS (Mauritius): Perodua has launched the third-generation Perodua Myvi in Mauritius.
Tech in Asia:
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Singapore-based wholesale automotive marketplace Carro has raised an additional US$30 million on top of an earlier US$60 million in an extended series B round.
The Edge Markets:
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KUALA LUMPUR (Aug 6): Global sales of semiconductors fell 16.8% year-on-year in the second quarter of 2019 to US$98.2 billion, according to the US-based  Semiconductor Industry Association (SIA). In ...
Tech in Asia:
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Didi Chuxing has formed an independent company for its automated driving division in a bid to focus on research and development, product application, and business development in the sector, the Chines...
Digital News Asia:
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WOBB, the leading Gen Y specialised job portal in Malaysia, has announced a pre-Series A investment of US$1.3 million (RM5.4 million) from CAC Capital Investment Limited Partnership (CAC Capital), Acc...
Fintech News Malaysia:
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TNG Digital a Malaysian e-wallet formed as a result of a joint-venture between  Touch ‘n Go and Ant Financial Group, announced today that it has appointed Ignatius Ong as its new Chief Executive Of...
Digital News Asia:
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TNG Digital Sdn Bhd (TNG Digital), a joint-venture between Touch ‘n Go Sdn Bhd (Touch ‘n Go) and Ant Financial Group, announced today the appointment of Ignatius Ong as its new chief executive off...
AutoBuzz.my:
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Proton recently announced their sales performance for the first seven months of 2019 and despite shifting over 17,000 units of the Proton X70, it is still not the most popular SUV in Malaysia.
PaulTan.org:
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The waiting period for the Perodua Aruz seven-seater is now from one to 1.5 months, depending on variant.
Tech in Asia:
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Singapore-based Honestbee, an online grocery and food delivery service provider, has filed an application with the country’s High Court to start a court-supervised restructuring process and get a re...
Malaysiakini:
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LETTER | The Deputy Minister of Economic Affairs Mohd Radzi Md Jidin was recently quoted as saying that the rejection of the three resolutions on the payment of fees and benefits to directors of FGV H...
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An employee is seen in one of the corridors at the new Amazon warehouse on the outskirts of Mexico City.
Tech in Asia:
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Aspire, a startup providing banking solutions to small and medium-sized enterprises, raised US$32.5 million in a series A round led by MassMutual Ventures.
The Edge Markets:
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KUALA LUMPUR (Aug 1): Day 46 of the SRC International Sdn Bhd trial will see Datuk Seri Najib Razak's defence team continue to interrogate 54th prosecution witness Joanna Yu (pictured), the former rel...
CarSifu:
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SAN FRANCISCO/CHICAGO: US private equity investment firm Thoma Bravo announced it has reached an agreement to acquire J.D. Power, a global leader in data analytics and consumer intelligence, resulting...
e27:
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He was fed up with the experiences of waiting in serpentine queues at local banks in his home country Thailand.
Malay Mail:
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FRANKFURT AM MAIN, July 31 — Former Audi chief executive Rupert Stadler could become the first auto boss to stand trial in Germany over the “dieselgate” emissions cheating scandal, four years an...
Tech in Asia:
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Indonesian ecommerce unicorn Bukalapak has released several key figures for the first half of 2019.
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Indonesian unicorn Traveloka is ramping up its push into the experiences market by investing in the series B round of PouchNation, a Singapore-based startup that offers tech-based solutions for event ...
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Bambu, a Singapore-based startup providing digital wealth management solutions, has secured US$10 million in a series B funding round.
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THE multibillion-ringgit Integrated Immigration System (IIS) tender — which commenced in mid-May and is slated to close on Aug 19 — is likely to be awarded to a single company, a source from the M...
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KUALA LUMPUR (July 31) - On Monday the High Court saw mystery witness namely lawyer Ranjit Singh, who appeared for former Transport Minister Tun Dr Ling Liong Sik, testify as the 55th witness.
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Chatbots are taking over the hospitality industry, particularly when it comes to concierge services.
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BANK Muamalat Malaysia Bhd CEO Datuk Mohd Redza Shah Abdul Wahid will be leaving the bank at the end of October after 11 years at the helm, sources say.
EdgeProp.my:
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KUALA LUMPUR (July 30): M+S Pte Ltd, a 60:40 joint venture between Khazanah Nasional Bhd and Singapore's Temasek, is disposing of its entire stake in Ophir-Rochor Commercial Pte Ltd (ORC) for S$1.575 ...
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KUALA LUMPUR (July 29): M+S Pte Ltd, a 60:40 joint venture between Khazanah Nasional Bhd and Singapore's Temasek, is disposing of its entire stake in Ophir-Rochor Commercial Pte Ltd (ORC) for S$1.575 ...
Malay Mail:
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NEW YORK, July 29 — Pfizer announced today it will merge its off-patent drug business with generic drugmaker Mylan to create a global leader in low-cost treatment, a business that faces significant ...
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Southeast Asian ride-hailing giant Grab is set to invest US$2 billion into Indonesia over a five-year period with capital from Japan’s SoftBank to accelerate the development of the country’s digit...
The Star:
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Cattle have long been considered a measure of wealth across Africa – but it is not just farmers cashing in.
The Straits Times:
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KUALA LUMPUR (BLOOMBERG) - Former Malaysian leader Najib Razak's 1MDB trial sheds light on his links to fugitive financier Jho Low in deals involving a former unit of the troubled state fund.
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Online food and grocery service Honestbee has appointed Lay Ann Ong to serve as the company’s CEO effective July 15.