Air France Industries, Enginnering to handle maintenace for MASwings aircraft

Air France Industries, Enginnering to handle maintenace for MASwings aircraft

Aviation and Aerospace, Digital Economy, Sabah, Smart City
Aminuddin and Dominik exchanging the documents, witnessed by Madius. KOTA KINABALU: Malaysia Airlines regional sister company, MASwings, entrusted its ATR72-500 fleet to Air France Industries (AFI) KLM Engineering & Maintenance for component support. Maintenance for 10 MASwings aircraft would be handled at the Singapore Service Center and in the new Singapore Component Solutions shop, opened in February 2018 by AFI KLM E&M. This followed key performance indicators (KPIs) set by the Ministry of Transport on MASwings’ performance in delivering its services, after it was given the mandate to continue serving rural air services under the new Public Service Obligation (PSO) Agreement for Rural Air Services, effective January 2019 till December 31, 2024. MASwings chief executive officer (CEO) Aminuddin Zakaria said the signing of power-by-the-hour agreement between MASwings and Societe Air…
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Strand Aerospace, Samad Aerospace to develop eVTOL aircraft

Strand Aerospace, Samad Aerospace to develop eVTOL aircraft

Aviation and Aerospace, Digital Economy, Industry 4.0, Smart City
LANGKAWI (March 29): Aerospace engineering company Strand Aerospace Malaysia (SAM) Sdn Bhd has signed a Memorandum of Understanding (MoU) with UK-based aerospace company Samad Aerospace Ltd to jointly develop an electronic vertical take-off and landing (eVTOL) aircraft. SAM business development manager Afif Badrulhisham said the MoU would pave the way for the company to be involved in eVTOL which is gaining popularity in the aerospace industry. “Right now, the aircraft is still in the development phase, whereby it has to undergo design, engineering and certification, which is SAM’s speciality,” he told reporters after signing the MoU at the Langkawi International Maritime and Aerospace Exhibition 2019 (LIMA'19) here today. He said collaboration with Samad Aerospace would also help develop the industry in Malaysia. “Currently, SAM is the only company that has…
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Hubline ventures into Sarawak’s aviation space

Hubline ventures into Sarawak’s aviation space

Aviation and Aerospace, Digital Economy, Entrepreneurs, Industry 4.0, Sarawak, Smart City
With the acquisition of 51 per cent of Layang Layang Aerospace Sdn Bhd, Hubline expects to have a positive contribution to the group and Hubline is confident of the potential expansion in the general air charter, flying academy and the oil and gas sector in the near future. KUCHING: Sarawak-based shipping company Hubline Bhd has now ventured into the aviation business with the acquisition of 51 per cent of Layang Layang Aerospace Sdn Bhd (Layang Layang). Layang Layang started its operation in 1994 in Miri, Sarawak by an aircraft engineer turned entrepreneur Johan Poong Abudllah. The company, recently celebrating its silver jubilee, initially was focused in providing that very important air link to connect the rural areas of Sarawak and Sabah. Layang Layang is a registered service provider for Petronas…
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BEYOND PARADIGM SUMMIT 2019

BEYOND PARADIGM SUMMIT 2019

Aviation and Aerospace, Community Initiative, Creative Arts & Design, Digital Economy, Entrepreneurs, Farming & Agriculture, FinTech, Fishing, Industry 4.0, Our Community, Sarawak, Smart City
BEYOND PARADIGM SUMMIT 2019 [embed]http://www.beyondparadigmsummit.com/img/video/SophiaFull_016_1080p_Compress.mp4[/embed] Creating Distinctive Digitally Transforming Solutions Industries worldwide are undergoing profound changes that are pushing the limits of technology, strategy, and commercial models in order to meet global energy demands. From enhancing digital solutions to radicalising existing technological landscapes, Industrial Revolution 4.0 is positioning innovation at the forefront of the digital transformation era. Upheaval is paramount in order to propel these industries forward. By delivering global household names within the ICT ecosystem, the Beyond Paradigm Summit 2019 serves to offer a fresh perspective to merge uncharted territories with existing visions in order to support and drive techonological prosperity. I'M INTERESTED [Admin]
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S’wakian mothers can expect good news from CM during State Budget this year end

S’wakian mothers can expect good news from CM during State Budget this year end

Community Initiative, Creative Arts & Design, Digital Economy, Entrepreneurs, Farming & Agriculture, FinTech, Fishing, Industry 4.0, Our Community, Renewable Energy, Sarawak, Smart City
Abang Johari taking a look at some of the Kampung Heritage products while accompanied by the event’s organising chairman Abdul Samat Gany (left), Mydin project manager Ganesh Chinniah (second left) and Universiti Malaysia Sarawak vice-chancellor Prof Datuk Dr Mohammad Kadim Suaidi (right). KUCHING: Sarawakian mothers who have just given birth can expect good news from Chief Minister Datuk Patinggi Abang Johari Tun Openg during the State Budget this year end. This was the “sneak peek” he gave reporters when asked to comment on when he would be announcing the upcoming assistance to help the welfare and lessen the burden of mothers. “Just wait. I will announce later. I will let u know,” he said when met after launching the Kampung Heritage Product Launch at Mydin Petra Jaya today. According to…
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Sarawak all set for 2030 developed state status, says CM

Sarawak all set for 2030 developed state status, says CM

Community Initiative, Creative Arts & Design, Digital Economy, Entrepreneurs, Farming & Agriculture, FinTech, Fishing, Industry 4.0, Our Community, Renewable Energy, Sarawak, Smart City
Abang Johari (second left) accepts a memento from Centre for Asia Leadership president Samuel Kims.  KUCHING: Sarawak will strive to develop its talents and infrastructure towards achieving its vision of becoming a developed state by 2030. In stating this assurance, Chief Minister Datuk Patinggi Abang Johari Tun Openg points out that the Sarawak government has put in place the necessary infrastructure, with more initiatives to follow, towards attaining this goal. The chief minister, who is also the chairman of Sarawak’s ruling coalition Gabungan Parti Sarawak (GPS), says his administration aspires to develop smart cities in Sarawak, besides working on bridging the development gap between the urban and rural areas. “Sarawak targets 2030 to become a developed state. That is the vision we have. Along the way, we have to prepare…
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SMK Tinggi Sarikei wins two gold medals at 3rd WYIE in KLCC

SMK Tinggi Sarikei wins two gold medals at 3rd WYIE in KLCC

Digital Economy, Entrepreneurs, Industry 4.0, Sarawak, Smart City
SMK Tinggi Sarikei teams with (fifth and sixth from left) Leong and Joyce after the prize-presentationceremony in Kuala Lumpur. SARIKEI: Two groups from SMK Tinggi Sarikei won gold medals during the 3rd World Young Inventors Exhibition (WYIE), held at the Kuala Lumpur Convention Centre from May 2 to 4 this year. Their inventions ‘Bamboo Shoot Peeler’ and ‘Flexy Sock Aider’ won two gold medals in the industrial design category. According to the school’s principal, Ting Sing Teck, their two teams comprising 15 students were among eight teams from Sarawak competing against teams from 21 countries including China, Australia, Taiwan, Hong Kong, Indonesia and Thailand, . “This competition was organised by the International Invention, Innovation and Technology Exhibition Malaysia,” he said. “It served as a platform to develop 21st century thinking…
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Cuatro Services signed agreement w X-Fab Sarawak

Cuatro Services signed agreement w X-Fab Sarawak

Digital Economy, Entrepreneurs, Industry 4.0, Sarawak, Smart City
CUATRO SERVICES SDN BHD today announced that it has signed a Service Agreement with X-FAB SARAWAK SDN BHD at SEMICON South East Asia 2019 which is being held at MITEC, Kuala Lumpur. The Service Agreement is for Cuatro Services Sdn. Bhd. to provide Artificial Intelligence Deep Learning models for picture-based defect classification. This solution will be used in X-FAB’s semiconductor fabrication facility in order to replace manual classification. By implementing this AI Deep Learning based solution, X-FAB will be able to obtain substantial savings in operation cost and will help in improving the production flow of their wafer production. Cuatro Services is selected after a thorough evaluation of its Proof of Concept (POC), including its ability to exceed X-FAB’s service level expectation. Cuatro will provide an AI Deep Learning based…
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Serba Dinamik sees positive outlook with digitalisation

Serba Dinamik sees positive outlook with digitalisation

Digital Economy, Entrepreneurs, FinTech, Industry 4.0, Our Community, Sarawak, Smart City
KUALA LUMPUR: Serba Dinamik Holdings Bhd is confident of its prospects on the back of increased digitalisation in its operations and management (O&M) segment which will bring about effective cost-savings. O&M currently contributes about 86% to Serba Dinamik’s revenue as at end of financial year 2017. Group chief executive officer Datuk Dr Mohd Abdul Karim Abdullah said the group will be spending about RM2 million this quarter on a proof of concept exercise to pilot digital services on a plant turnaround and routine maintenance management of the group’s PT Serba Dinamik Indonesia plant. Serba Dinamik yesterday signed a memorandum of understanding (MoU) with Microsoft APAC Digital Advisory Services to collaborate on this initiative that is expected to last 16 business weeks. Microsoft will contribute by working together with the group…
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Serba Dinamik to raise up to RM1b, Amlnvest Research retains buy

Serba Dinamik to raise up to RM1b, Amlnvest Research retains buy

Digital Economy, Entrepreneurs, FinTech, Industry 4.0, Our Community, Sarawak, Smart City
KUALA LUMPUR :  Serba Dinamik is planning to raise a sukuk issuance worth US$200mil to US$250mil (RM826mil to RM1bil) for a tenure of three years to refinance its existing foreign loans and international projects. Amlnvestment Research is maintaining its buy call with unchanged forecasts and sum-of-parts-based (SOP) fair value of RM6.50 a share, which implies an FY19F PE of 20 times or 33% below Dialog's 30 times, the company's closest peer in Malaysia. It saud in Wednesday Serba Dinamik's foreign debt accounts for 40% of gross debt of RM1.7bil as at Dec 31, 2018, of which RM496mil (US$120mil) is scheduled to be repaid this year. ''Hence, the group is earmarking US$80mil to US$130mil for engineering , procurement and construction projects in Laos, Tanzania and Uzbekhistan, as well as working capital…
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