Global insolvencies a time bomb!
Two out of three countries will post a stronger rise in insolvencies in 2020 than in 2021 – notably the US, Brazil, China, Spain and Italy
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Month: July 2020
IJM Land pushes for home-ownership during pandemic uncertainties
KUALA LUMPUR, Malaysia, July 27 (Bernama) — To instil customer confidence and provide them with an opportunity to own a home of their dreams with ease, IJM Land has introduced a flexible ownership campaign ‘Now You Can’ for prospective homebuyers during this backdrop of a challenging financing landscape arising from COVID-19. Ongoing until 31st October 2020, ‘Now You Can’ aims to alleviate customers’
Nuffnang Live Commerce enables Group to capitalise on growing industry trend
KUALA LUMPUR, July 24 (Bernama) — Netccentric Limited (NCL) Group advises that as part of a progressive transformation of its existing services-based business model to a platform-centric one, it has entered into a joint venture agreement (Agreement) with Commerce DotAsia Ventures Sdn. Bhd. (Commerce.Asia) and Docono Holdings Sdn. Bhd. (Docono) to operate a live streaming e-commerce
Maxis posts strong Q2 performance
Maxis says it has a stable underlying service revenue (excluding wholesale) at RM1.9 billion driven by positive growth in convergence offsetting the negative impacts of Covid-19. It saw continued growth of subscribers for postpaid (+9.7% year-on-year) and fiber (+32.6% year-on-year). The company is in a strong liquidity position with operating free cash flow at RM936
Discovery APAC launches Asian food network’s website in Malay
KUALA LUMPUR, 23 July 2020 – Asian Food Network (AFN), the region’s leading TV and online food channel that celebrates unique Asian culinary and cultural experiences, has launched a Bahasa Malaysia-language website to cater to Malaysia’s population of over 30 million people, and the Malay diaspora in the region. AFN is committed to delivering a
Virgin Hyperloop appoints Raja Narayanan as CFO
LOS ANGELES, July 23 (Bernama) — Today, Virgin Hyperloop announced the appointment of Raja Narayanan as Chief Financial Officer. Raja will oversee all finance and business development functions for Virgin Hyperloop as the company drives hyperloop technology towards commercialization. “Raja has an unprecedented background in creating value in disruptive transportation opportunities and operationalizing large scale industrial
Petronas New Energy, Nefin Group to power Tesco Stores with renewable energy
Kuala Lumpur, 20 July 2020: Following the launch of its first solar rooftop solution, M+ by PETRONAS last year, PETRONAS New Energy is now set to grow in the domestic renewable energy space with its first commercial customer, Tesco Stores (Malaysia) Sdn Bhd (Tesco). In delivering its commitment to Tesco, PETRONAS New Energy has collaborated
BMW Malaysia Unveils the All-New Boss via Augmented Reality Experience.
Premium automaker implements first-ever augmented reality (AR) experience of the All-New BMW X5 xDrive45e M Sport for a real time, real life experience. Kuala Lumpur, 20th July 2020 – BMW Malaysia today introduced an electrifying web-based AR experience for its recently unveiled All-New BMW X5 xDrive45e M Sport – a first for the BMW portfolio