Serba Dinamik Hits Record High of RM3.89

Serba Dinamik Hits Record High of RM3.89

Serba Dinamik hits record high of RM3.89 KUALA LUMPUR (July 26): Shares in Serba Dinamik Holdings Bhd hit a record high of RM3.89 this morning—its highest level since the group’s listing on Bursa Malaysia in February last year. Its share price of RM3.89 was 2.4% higher compared to its last closing price of RM3.80, and more than double of its initial public offering price of RM1.50. Last week, the group announced its first venture into Laos. The group had secured an engineering, procurement, construction and commissioning (EPCC) contract to build two hydro power plants in Laos, which will have the…
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StartUp Borneo Visits To Kalimantan Barat Could Attract New Investment For Malaysia and Indonesia

StartUp Borneo Visits To Kalimantan Barat Could Attract New Investment For Malaysia and Indonesia

KALIMANTAN BARAT (23 April 2018): StartUp Borneo visited the operation site for MyAgro, an integrated agro-business and agro-tourism center in Pontianak, Kalimantan Barat. The visit to MyAgro operation center was organized by Pak Uray Tiar Fahrozi. Pak Uray Tiar Fahrozi is the Chief Executive Officer of MyAgro and a member of HIPMI KALBAR (Himpunan Pengusaha Muda Indonesia - Kalimantan Barat). https://www.youtube.com/watch?v=bi6Ru9o9ZgY&feature=youtu.be The visit was set up in order to explore potential new collaboration between Malaysia and Indonesia. StartUp Borneo together with MyAgro had also conducted an extensive field visit to see a local breeder in Pontianak and a special dialogue…
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1st StartUp Borneo Pre-Pitching Hosted at International College of Advanced Technology Sarawak

1st StartUp Borneo Pre-Pitching Hosted at International College of Advanced Technology Sarawak

KUCHING (1 July 2018): On June 30th, StartUp Borneo held its first pre-pitching session of startups or a brief oral description of projects for investors. It is being set up as a startup community platform and a chance for startups to: Pitch new ideas and showcase innovative solution to specialists in Sarawak especially for digital technology applications. Receive constructive feedback from Ministry such as Ministry of International Trade and e-Commerce (MITeC), International College of Advanced Technology Sarawak (ICATS) as a Higher Education institution, industry players such as Digital Economy Hub and others. To match potential partners and obtain financing or matching…
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New Joint Venture Set To Boost Tech-Transformation In S’wak

New Joint Venture Set To Boost Tech-Transformation In S’wak

New joint venture set to boost tech-transformation in S’wak KUCHING (1 July 2018): Sarawak will see about US$25 million (over RM100 million) in investment following the setting up of Andasar Bhd, a locally-incorporated consortium. Figure 1: Uzlov with the ‘uprail’ model, featured during a recent exhibition. The company, a joint venture (JV) between MHN Ventures Sdb Bhd of Sarawak and Adgex Ltd, which is a public-listed company from Australia that is looking into turning Sarawak as its regional base for Asean. Andasar, through expertise from Adgex, is looking at transferring four of its core technologies here — the ‘Uprail’ high-speed…
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MITeC Steps Up Activities To Promote Digitalisation and Digital Economy

MITeC Steps Up Activities To Promote Digitalisation and Digital Economy

MITeC steps up activities to promote digitalisation and digital economy MIRI (31 May 2018): The Ministry of International Trade and eCommerce (MITeC) is intensifying its activities this year to enhance the state’s efforts to embrace digitalisation and embark on the digital economy. MITeC assistant secretary Catherine Lee said they are targetting 24 programmes for eCommerce programmes alone to benefit 5,000 people. Figure 1: Lee (back row centre) poses with speakers, participants and organising committee members at the conclusion of the seminar. These included programmes and training, courses, workshops and incubators, National and International Conference on e-Commerce, local and International expo…
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New Sarawak Ministry To Push Investments, International Trade

New Sarawak Ministry To Push Investments, International Trade

New Sarawak ministry to push investments, international trade KUCHING (19 May 2017): Sarawak’s new Ministry of International Trade and e-Commerce, created on May 7, will strive to make the state the investment destination of choice for investors. Datuk Seri Wong Soon Koh will be the minister in charge of the ministry and he will be assisted by Datuk Mohammad Naroden Majais. Addressing the state legislative assembly here yesterday, Wong said the ministry would plan, formulate, recommend and implement trade development and promotional policies for international trade, foreign direct investments (FDIs), e-commerce and international business collaboration. “We will plan, identify and…
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Guan Eng: MaGIC Has Role To Play In Malaysian Economy

Guan Eng: MaGIC Has Role To Play In Malaysian Economy

Guan Eng: MaGIC has role to play in Malaysian economy  CYBERJAYA (20 June 2018): Amid talks of the possible disbanding of the Malaysian Global Innovation & Creativity Centre (MaGIC), Finance minister Lim Guan Eng said the government agency has a role to play in the Malaysian economy as it helps to seek out future productivity centres to help the country. Lim who attended MaGIC’s Global Accelerator Programme launch yesterday noted that he is the first finance minister who had attended a MaGIC event. Figure 1: Lim who attended MaGIC’s Global Accelerator Programme launch yesterday noted that he is the first…
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Japan Start-up Mercari Soars In First Day of Tokyo Trade

Japan Start-up Mercari Soars In First Day of Tokyo Trade

Japan start-up Mercari soars in first day of Tokyo trade TOKYO (19 June 2018): Japanese flea market app Mercari soared yesterday as it debuted on the Tokyo Stock Exchange, a major success for the rare example of a Japanese ‘unicorn’ – a start-up valued over US$1 billion. The company initially priced its stock at 3,000 yen (US$27.30) a share, at the top of a prospective range. But that price was quickly surpassed on Tuesday, with shares trading around 5,300 yen at midday, putting the firm’s value at over 700 billion yen (US$6.37 billion). Figure 1: Mercari Inc. employees react as…
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Alibaba’s Jack Ma and Malaysia PM Mahathir Mohamad talk tech, jobs and future as China deals come under scrutiny

Alibaba’s Jack Ma and Malaysia PM Mahathir Mohamad talk tech, jobs and future as China deals come under scrutiny

Alibaba’s Jack Ma and Malaysia PM Mahathir Mohamad talk tech, jobs and future as China deals come under scrutiny KUALA LUMPUR (18 June 2018): Alibaba Group’s efforts to undertake an intensive transfer of technology and skills to Malaysia are aligned with Prime Minister Mahathir Mohamad’s hopes for the Southeast Asia economy to transit into high-income status quickly, the Chinese conglomerate’s co-founder Jack Ma said on Monday. Ma was speaking to the media after a meeting with Mahathir in Kuala Lumpur – the first by a Chinese entrepreneur since the country’s landmark election on May 9 in which the veteran politician…
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