Industry 4.0 – Page 46 – StartUp Borneo

20 Jun 2018

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

Aviation and Aerospace, Digital Economy, Entrepreneurs, General, Industry 4.0, Smart City

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…

20 Jun 2018

By Abdul Qaiyum Alidin

Jack Ma: It was Dr M’s MSC that inspired me to start Alibaba

Aviation and Aerospace, Digital Economy, Entrepreneurs, General, Industry 4.0, Smart City

Jack Ma: It was Dr M's MSC that inspired me to start Alibaba KUALA LUMPUR (18 Jun 2018): The inspiration to form Alibaba was inspired by Malaysia's Multimedia Super Corridor (MSC), says Jack Ma. The Alibaba founder and executive chairman said that he read about MSC in a newspaper 20 years ago and found the idea inspiring. "I thought, 'Wow, this is a genius idea. If Malaysia can do this, why can't China. Why can't I do this myself?' "So Malaysia inspired me to create Alibaba," he said during the launch of an Alibaba Group office in Kuala Lumpur on…

13 Jun 2018

By Abdul Qaiyum Alidin

Internet Access As Constitutional Right To Be Proposed To Cabinet Soon

Digital Economy, Entrepreneurs, General, Industry 4.0, Smart City

Communications and Multimedia Minister Gobind Singh Deo aimed at allowing Malaysians to benefit from the national e-economy and e-commerce. CYBERJAYA (11 June 2018): The proposal for internet access to be made a constitutional right would be brought to the Cabinet in the near future. Communications and Multimedia Minister Gobind Singh Deo said the proposal was aimed at allowing Malaysians to benefit from the national e-economy and e-commerce. Figure 1: Communications and Multimedia Minister Gobind Singh Deo said the proposal was aimed at allowing Malaysians to benefit from the national e-economy and e-commerce. “The proposal will bring about an abundance of…

03 Jun 2018

By Abdul Qaiyum Alidin

Kenanga Positive On Serba Dinamik Stake Purchase In CSE

Digital Economy, Entrepreneurs, Industry 4.0

Kenanga positive on Serba Dinamik stake purchase in CSE KUALA LUMPUR (16 Apr 2018): Kenanga Research is positive on Serba Dinamik Holdings Bhd's 24.8% stake acquisition in CSE Global Ltd for a total S$57.7mil cash. The research firm said the stake purchase in the Singapore-listed company will expand Serba Dinamik's geographical footprint given that it has a presence in more than 20 countries. "Post-acquisition, we adjusted our FY18-19E earnings by 1.4% while net gearing level remains healthy at 0.23x. All in, OP call maintained with higher TP of RM3.95/share, pegged to 15.0x FY18E PER," it said in its Monday report.…

03 Jun 2018

By Abdul Qaiyum Alidin

Govt Looking At Doubling Internet Speed At Half The Price: Gobind

Digital Economy, Industry 4.0, Smart City

Govt looking at doubling internet speed at half the price: Gobind KUALA LUMPUR (23 May 2018): New Communications and Multimedia Minister Gobind Singh Deo says he will work towards achieving broadband connections that are "double the speed, half the price" for the people. Figure 1: Gobind Singh Deo clocks in to work on his first day as the Communications and Multimedia Minister, on May 22, 2018. He said the public had been complaining about the quality of broadband in Malaysia, which was far inferior to other developed countries. Gobind, who started his first day in charge of the ministry yesterday…

02 Jun 2018

By Abdul Qaiyum Alidin

CM: Digital economy needs world-class ICT infrastructure

Digital Economy, General, Industry 4.0, Sarawak, Smart City

CM: Digital economy needs world-class ICT infrastructure KUCHING (4 April 2017): The state government is fully committed to developing digital economy despite Sarawak being far behind in the technology circle. In order to catch up, the state needs to build a world-class ICT infrastructure, Chief Minister Datuk Amar Abang Johari Tun Openg said. Figure 1: Chief Minister Datuk Amar Abang Johari Abang Openg today rolled out his development strategy to establish the state’s digital economy – a blueprint he dubs “Digital Sarawak”. For that to happen, he said the state government must take the lead in driving the development of…

01 Jun 2018

By Abdul Qaiyum Alidin

Internship Programmes Provide Job Opportunities

Aviation and Aerospace, Community Initiative, Industry 4.0, Our Community, Sarawak, Smart City

Internship programmes provide job opportunities MIRI (25 May 2017): Weststar Aviation Services (WAS) – as one of the leading oil and gas transportation service providers in South East Asia (SEA) – is providing job opportunities through internship programmes to locals where it operates. WAS domestic operations general manager, vice-admiral (R) Datuk Jamil Osman said as of 2017, a total of 750 graduates of mid and high education have undertaken the internship programmes with WAS – the outstanding ones absorbed into working for it. “Internship programmes are part of WAS’ strategies of investing in human resources, not only within the company but…

01 Jun 2018

By Abdul Qaiyum Alidin

Serba Dinamik In JV To Expand Offshore Business

Digital Economy, Entrepreneurs, General, Industry 4.0

The partnership with Mizuho would serve the purpose as the rm is now poised to tap into Mizuho’s network KUALA LUMPUR (7 May 2018): SERBA Dinamik Holdings Bhd is working with Mizuho Bank Ltd to expand its business capacity in offshore services. For a start, the company, via its wholly owned subsidiary Serba Dinamik International Ltd, signed an agreement of US$20 million (RM78.7 million) Islamic revolving credit facility with Mizuho’s local unit Mizuho Bank (M) Bhd, to facilitate the company’s offshore activities. “This joint venture (JV) with Mizuho is more than just a borrower-lender relationship. Mizuho will help us connect…

31 May 2018

By Abdul Qaiyum Alidin

Serba Dinamik Upbeat On Growing Order Book To RM7.5 Billion By Year-end

Entrepreneurs, Industry 4.0, Renewable Energy, Smart City

Serba Dinamik upbeat on growing order book to RM7.5 billion by year-end SHAH ALAM (14 May 2018): Oil and gas (O&G) engineering firm Serba Dinamik Holdings Bhd expects to grow its order book from the existing RM6.2 billion to RM7.5 billion by the end of the year. Figure 1: A photo of Group Chief Executive Officer/Group Managing Director of Serba Dinamik, Dato Dr. Ir. Mohd Abdul Karim Abdullah (right) and Datu Dr. Haji Sanib Bin Haji Said (left). Group managing director and chief executive officer Datuk Mohd Abdul Karim Abdullah said it was in discussions with multiple entities across the…

29 May 2018

By Abdul Qaiyum Alidin

Serba Dinamik Buys Stake In Singapore’s Technology Firm For RM170.6m

Digital Economy, Entrepreneurs, General, Industry 4.0, Renewable Energy, Smart City, StartUp Borneo Committee

Serba Dinamik buys stake in Singapore's technology firm for RM170.6m PETALING JAYA (13 April 2018): Serba Dinamik Holdings Bhd continued on the acquisition trail with the purchase of a 24.84% stake in Singapore's technology firm CSE Global Ltd for S$57.67 million (RM170.57 million) cash. Figure 1: A group photo of Group Chief Executive Officer/Group Managing Director of Serba Dinamik, Dato Dr. Ir. Mohd Abdul Karim Abdullah (second from right) and Chairman of StartUp Borneo, Abdul Qaiyum Alidin (third from right). CSE provides total integrated industrial automation, telecommunications and environmental solutions projects in US, Asia Pacific, Europe, Middle East and Africa. Serba…