Injecting new energy into Minetech

[ NEWLY appointed chairman Abang Abdillah Izzarim Abang Abdul Rahman Zohari plans to usher Minetech Resources Bhd into a new era with a bold vision. His aim is clear – to bolster the company’s existing strengths in construction, manufacturing, renewable energy (RE), and oil and gas (O&G), while charting new territories in telecommunications and trans-border … Read more

Building confidence in e-payment services

[Digital payments are fast catching up among Malaysians as the country strives to go cashless. Undoubtedly, the Covid-19 pandemic has hastened this process. Read full story Read original article here Denial of responsibility! Genx Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. … Read more

EPF’s new CEO to take over in February

[ PETALING JAYA: The Employees Provident Fund (EPF) has appointed Ahmad Zulqarnain Onn as its new chief executive officer effective Feb 19, 2024. Ahmad Zulqarnian has resigned as president and group chief executive of Permodalan Nasional Bhd (PNB) to take up the position at the retirement savings fund which became vacant following the appointment of … Read more

Reinvention imperative | The Star

[ ‘CLICK TO ENLARGE’ THE impetus to reinvent is intensifying and those organisations that do not move faster in their reinvention journey, or do not change at all, may find themselves no longer economically viable in a decade. That is the thinking of nearly half of the global CEOs surveyed. Read original article here Denial … Read more

SCIB buys Kuching land for RM21.6 mil

[ KUALA LUMPUR: Sarawak Consolidated Industries Bhd (SCIB) is acquiring five industrial leasehold plots in the Demak Laut Industrial Park, Kuching, Sarawak for RM21.6mil cash. The industrialised building systems specialist, in a statement, said the acquisition, involving five lots of land, totalling 8.8544 hectares in the Muara Tebas Land District, represented a strategic expansion of … Read more

EPF appoints Ahmad Zulqarnain Onn as new CEO

[ KUALA LUMPUR: The board of the Employees Provident Fund (EPF) has appointed Ahmad Zulqarnain Onn as the pension fund’s new chief executive officer (CEO). According to the EPF, he will take up the position on Feb 19, 2024, following his resignation as president and group chief executive of Permodalan Nasional Bhd (PNB). He succeeds … Read more

Restructuring of state-owned enterprises high on agenda

[ Beijing: China will initiate restructuring and integration activities within its centrally administered state-owned enterprises (SOEs) this year, focusing on sectors such as information communications, new energy and equipment manufacturing, says the country’s top state-assets regulator. Speaking at a news conference in Beijing, Li Bing, deputy secretary-general of the State-owned Assets Supervision and Administration Commission … Read more

Chipmaker STMicro sees over 15% drop in Q1 sales after Q4 miss

[ EUROPEAN chipmaker STMicroelectronics on Thursday forecast an over 15% drop in first-quarter revenue, after its sales missed estimates in the fourth quarter on softer automotive growth and a further decline in orders from the industrial sector. Orders from the automotive industry have been helping chipmakers offset the impact from U.S.-China trade spats and sluggish … Read more

MISC Group adds two more vessels to fleet

[ KUALA LUMPUR: MISC Bhd has added two more assets to its current fleet. The latest additions are the floating production storage and offloading vessel Marechal Duque de Caxias, and Eagle Veracruz, its latest liquefied natural gas (LNG) dual-fuel very large crude carrier (VLCC) under wholly owned petroleum tanker arm AET. MISC president and group … Read more

Netflix pays US$5bil for ‘Raw’ in bet on live events

[ LOS ANGELES: Netflix on Tuesday blew past Wall Street subscriber estimates in the fourth quarter, driven by a strong slate of shows that included the final season of the long-running royal drama The Crown and David Fincher’s original film, The Killer. The company reported it added 13.1 million subscribers in the December quarter, its … Read more