BANLE GROUP HIGHLIGHTS SUSTAINABLE GROWTH STRATEGIES AT INVESTOR WEBINAR

KUALA LUMPUR, April 26 (Bernama) -- Banle Group, a reputable marine fuel logistics company in the Asia Pacific region, hosted an Investor Webinar, on April 23.

Its Chairman and Chief Executive Officer, Teck Lim Chia, along with Chief Financial Officer, Raymond Chiu, discussed the group’s business strategies to sustain its leading position in the Asia Pacific market and further expand into the European market.

They also shared the healthy and highly liquid nature of its capital structure, as well as its initiatives in exploring the supply of alternative fuels.

Chia said the group has seen continual growth over the years thanks to its niche position in the bunkering industry, agile operation, prudent financial management as well as its industry reputation and knowledge.

“Going forward, further expansion of service network in both the Asia Pacific and Europe will give impetus to our sustainable growth. We will also take proactive steps in exploring alternative fuel options so as to swiftly respond to market demand changes.

“My ultimate goal is to lead the group to new heights and create greater value for our shareholders,” he said in a statement.

Banle Group is dedicated to delivering exceptional bunkering services that cater to the evolving needs of the maritime industry. As the group focuses on expanding its operations in Europe, it continues to forge strategic partnerships and explore new opportunities to provide efficient and reliable solutions.

Established in 2015, CBL International Limited is the listing vehicle of Banle Group, which is actively promoting the use of alternative fuels.

-- BERNAMA

UAE’S ASPIRE REDEFINES EXTREME AUTONOMOUS SPORTS WITH MAIDEN A2RL

Making History: ASPIRE to Launch Inaugural ‘Abu Dhabi Autonomous Racing League’ Redefining Future of Extreme Sport on April 27 (Photo: AETOSWire)

KUALA LUMPUR, April 24 (Bernama) -- Abu Dhabi will host a groundbreaking event, welcoming 10,000 spectators to witness the inaugural ASPIRE Abu Dhabi Autonomous Racing League (A2RL) at the iconic Yas Marina Circuit, on April 27.

This brand-new autonomous racing competition marks a significant milestone in motorsport history, billed as the largest league of its kind globally, according to a statement.

For the first time, the race format is poised to feature four autonomous cars driving on the racetrack simultaneously, with eight international teams competing for US$2.25 million prize pool. (US$1=RM4.77)

“A2RL is more than just a race, it is a platform for testing and optimising autonomous vehicle technologies, enhancing safety and reliability on public roads. With the support of local and international partners, we are bringing the mobility future, closer,” said A2RL Organiser, ASPIRE Chief Executive Officer, Stephane Timpano.

Meanwhile, ASPIRE’s parent entity Advanced Technology Research Council, Secretary General, and Advisor to the United Arab Emirates (UAE) President on Strategic Research and Advanced Technology Affairs, Faisal Al Bannai said this reimagined racing paradigm harnessed the pinnacle of coding skills, artificial intelligence (AI) algorithms, and software development prowess, the very skill sets of the future.

The inaugural race has attracted a diverse array of sponsors, each contributing their expertise and resources to ensure the success of the development of the cutting-edge autonomised cars. ADNOC has come on board as title sponsor, providing crucial support, underscoring the widespread enthusiasm for advancing autonomous racing technology.

Additionally, an AI versus human car race will unfold, with Technology Innovation Institute (TII) embracing the electrifying challenge of pitting their autonomous car against former Formula 1 driver, Daniil Kvyat, in which TII will aim to get as close as possible to the human lap time and will also demonstrate the autonomous car’s ability to drive without global positioning system (GPS) assistance.

The Race Day will be accessible via various live streaming channels, including A2RL’s official YouTube and Twitch channels, motorsport.tv and the A2RL app.

-- BERNAMA

PLUXEE RAISES OUTLOOK ON SOLID H1 FY 2024 RESULTS

KUALA LUMPUR, April 19 (Bernama) -- Pluxee has posted a net profit of 68 million euros in the first half fiscal 2024 (H1 FY 2024), compared to 92 million euros, same period last year, primarily resulting from the one-off increase in other operating expenses and higher net financial expenses in relation to the new capital structure. (1 euro = RM5.09)

Within this, net profit attributable to equity shareholders was 66 million euros and earnings per share (EPS) attributable to equity shareholders was 0.45 euros in H1 FY 2024 based on the basic weighted average number of shares of 146.890457 million as of Feb 29.

Meanwhile, revenue jumped 21.5 per cent to 593 million euros in H1 FY 2024, while organic growth was also up 24.0 per cent, for the same period.

Pluxee Chief Executive Officer, Aurélien Sonet said its first results as a standalone listed company demonstrated good progress in delivering the group strategic growth plan as well as on its financial objectives.

“Our recent successful listing and inaugural bond issue have enabled Pluxee to take a significant step towards realising our long-standing vision of being a leading global pure player in Employee Benefits & Engagement.

“Given our strong start to the year, we are raising our fiscal 2024 organic growth and EBITDA margin objectives while reiterating our mid-term targets, reflecting our confidence in the second half of fiscal 2024 and beyond,” he added in a statement.

A global player in employee benefits and engagement operating in 31 countries, Pluxee successfully completed its spin-off and listing on Euronext Paris with a technical reference price of 26 euros per share on Feb 1, while recurring earnings before interest, taxes, depreciation and amortisation (EBITDA) reached 201 million euros in H1 FY 2024, up 23 per cent year-on-year and 28 per cent organically.

In addition, recurring cash conversion rate was 113 per cent in H1 FY 2024 compared to 163 per cent, same period last year excluding the prior transfer of receivables, and net financial cash position strengthened at 1,065 million euros versus 859 million euros at Aug 31, 2023, reflecting strong cash flow generation.

During its Capital Markets Day, the group set out fiscal 2024 and 2026 financial objectives focusing on delivering sustainable organic revenue growth, improving recurring EBITDA margin and maintaining strong cash conversion.

Based on the strong financial performance delivered in H1 FY 2024, Pluxee is raising its financial objectives for fiscal 2024, targeting a 15 per cent to 17 per cent increase in organic revenue growth, and recurring EBITDA margin expected to reach at least 35 per cent.

-- BERNAMA

HORIZON QUANTUM COMPUTING TO ESTABLISH FIRST-OF-A-KIND HARDWARE TESTBED

 

Illustration of Triple Alpha web-based IDE and compiler suite from Horizon Quantum Computing, along with backend server, integrated with a Novera™ quantum processor from Rigetti Computing and OPX1000, the processor-based quantum controller from Quantum Machines (Graphic: Business Wire)

·  Horizon to create testbed to integrate its software stack Triple Alpha with quantum computing hardware
·  Testbed will have capacity for multiple quantum computers, with Rigetti Computing and Quantum Machines selected to supply components for first system
·  Horizon to become one of the first pure-play quantum software companies operating their own quantum computers
 
SINGAPORE, April 19 (Bernama-BUSINESS WIRE) -- Horizon Quantum Computing, a company building software development tools for quantum computers, today announced that it is establishing a first-of-a-kind testbed for integrating quantum computing hardware with its software stack, Triple Alpha. The testbed, which will be set up at Horizon’s Singapore headquarters, will have the capacity to host multiple quantum computers. By acquiring its own hardware, Horizon gains full control over both hardware and software stacks, allowing it to push the frontiers of quantum computing.
 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240418068549/en/

A key aspect of Horizon’s quantum computing testbed is its modular multi-vendor approach. Rather than utilising a single-vendor solution, the company has purposely selected best-in-class components from different providers. This modularity allows Horizon to integrate its software stack with different hardware configurations and upgrade the system over time.

The first system will be based on a Novera™ quantum processor from Rigetti Computing and OPX1000, the processor-based quantum controller from Quantum Machines. The integrated system is expected to be installed by early 2025.

“Recent progress on quantum processors and error correction has underscored the rapid pace of progress in the field. We are taking the step of creating this testbed because we believe that tight integration between hardware and software is the shortest path to truly useful quantum computing,” said Dr Joe Fitzsimons, Founder & CEO at Horizon Quantum Computing. “We are delighted to work with Rigetti Computing and Quantum Machines on our first system.”

“We are thrilled that Horizon has selected the Novera QPU for their first quantum computing system. Establishing high performing on-premise quantum computing capabilities is key for working towards useful quantum computing,” said Dr Subodh Kulkarni, CEO at Rigetti Computing. “We can’t wait to witness what the Horizon team accomplishes with a quantum computing system powered by the Novera QPU and Quantum Machines’ control system.”

“We’re excited to partner with Horizon Quantum Computing and Rigetti Computing in this pioneering initiative. Our approach has always emphasized scalability, interoperability and modularity, principles that resonate with Horizon’s Triple Alpha,” said Dr Itamar Sivan, co-founder and CEO of Quantum Machines. “This collaboration with industry pioneers like Horizon and Rigetti not only showcases the adaptability and effectiveness of our processor-based OPX1000 controller in diverse setups, but also marks a significant step forward in the collective journey towards useful quantum computers.”

http://mrem.bernama.com/viewsm.php?idm=48421

CHEAH CHYUAN YONG LEADS ISI IN LAUNCHING INITIATIVES TO BOOST MALAYSIAN BUSINESSES GLOBALLY

KUALA LUMPUR, Malaysia, April 19 (Bernama-PRNewswire) -- Cheah Chyuan Yong, Chairman of the International Strategy Institute (ISI) is set to unveil a series of initiatives to strengthen global economic ties and elevate Malaysian businesses on the international stage. ISI is poised to foster unparalleled international collaborations and ethical business practices, building on the success of pivotal forums such as the Inter-Regional Business Forum (IRBF), the World Anti-Corruption Conference (WACC) and the World Chinese Economic Forum (WCEF).

With a distinguished track record of facilitating meaningful dialogues and partnerships across continents, ISI, under Cheah Chyuan Yong's guidance, is dedicated to bridging the gap between Malaysian enterprises and potential global markets. This initiative underscores Malaysia's growing global economic influence and commitment to sustainable and ethical business practices.

The forthcoming phase of ISI's journey includes an expanded roster of international forums designed to address critical global economic challenges while unlocking new opportunities for Malaysian businesses. These forums will catalyze innovation, trade, and investment and connect Malaysian entrepreneurs with a network of international partners and resources.

"As we look ahead to 2024, the forecast for Malaysia's economy is encouraging, with anticipated GDP growth driven by robust domestic demand and strategic national infrastructure projects. This positive outlook is further bolstered by the expected recovery in our exports, particularly in high-demand sectors like technology, which is crucial for our nation's economic resilience. ISI is committed to leveraging these opportunities to support Malaysian entrepreneurs, fostering an environment where they can thrive and contribute to our country's prosperous future", said Cheah Chyuan Yong.

As ISI continues to expand its reach and impact, Cheah Chyuan Yong invites businesses, governments, and civil society organizations to join this transformative journey, forging a future of innovation, collaboration, and shared prosperity.

About the International Strategy Institute (ISI):

The International Strategy Institute (ISI) is a distinguished not-for-profit organization headquartered in Kuala Lumpur. ISI serves as a vital conduit, seamlessly connecting governments and businesses across Asia and beyond. Our ethos is rooted in core ethical business principles, championing equality, transparency, fair trade, and sustainable development. Beyond fostering international ties, ISI emerges as a hub for strategic studies, providing an unmatched platform for capital raising and investment initiatives in Asia.

For a more comprehensive insight into our endeavours, kindly visit www.istrategyglobal.org.

Source: International Strategy Institute (ISI)

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Ms. Lily Chin
Email: lily@istrategyglobal.org.

--BERNAMA

BGLC: RM1.2 MLN INVESTMENT IN AISB TO ADVANCE AI ADOPTION, REVOLUTIONISING HEALTHCARE

KUALA LUMPUR, April 19 (Bernama) -- BioNexus Gene Lab Corporation (BGLC) has announced a strategic investment by its wholly owned subsidiary, MRNA Scientific Sdn Bhd, in Ascension Innovation Sdn Bhd (AISB), a privately held Malaysian company.

According to a statement, this investment underscores BGLC’s commitment to advancing healthcare solutions through cutting-edge artificial intelligence (AI) and predictive analytics.

“Our investment in AISB reflects our belief in their transformative healthcare solutions. Together, we aim to revolutionise patient care through predictive and generative AI,” said BGLC Chief Executive Officer (CEO), Sam Tan.

Meanwhile, AISB CEO, Andrew Teng said: “We welcome MRNA Scientific’s support and looked forward to leveraging their expertise. The future of healthcare lies in predictive analytics and personalised solutions.”

MRNA Scientific’s investment of RM1.2 million (approximately US$250,000) will occur in two tranches and it has made an initial payment of approximately RM100,000 to be followed by a final payment of RM1.1 million, subject to a formal agreement.

The investment in AISB signifies a strategic move to accelerate healthcare innovation and is expected to constitute an indicative equity of approximately 10 per cent of the ordinary shares in AISB upon completion.

The infusion of capital will further AISB’s development and accelerate its AI rollout including AI Assistance in the clinic and on-app as well as predictive analytics and personalised solutions.

MRNA Scientific and BGLC believe that this strategic investment will allow BGLC’s Blood-based Genomic Screening liquid biopsies and other diagnostic services to be better marketed and accessible to a wider range of customers and healthcare providers.

A wholly-owned subsidiary of BGLC, MRNA Scientific specialises in blood-based genomic screening and dynamic genome profiling in which its innovative techniques enable early disease detection, personalised health management, as well as AI-driven insights.

-- BERNAMA

LONG TALE GAMES RELAUNCHES LIFE IS FEUDAL: MMO VIA STEAM

 

(Graphic: Business Wire)

KUALA LUMPUR, April 19 (Bernama) -- Long Tale Games (LTG) has announced the Steam relaunch of Life is Feudal: MMO, alongside the Balance Restoration Campaign launch, a special event aimed at the game's original players.

For the forthcoming relaunch and the accompanying campaign, LTG Publishing Director, Evgenii Romin in a statement said the company is incredibly excited to introduce 'Life is Feudal: MMO' to a broader audience via Steam.

“In addition, we are eager to show our gratitude towards our community through the balance restoration campaign. This endeavour demonstrates our appreciation for our players' support and mirrors our dedication to ensuring a fair and rewarding gaming experience.”

Since the relaunch in June 2023, Life is Feudal: MMO has transitioned to a subscription-based model, removing all pay-to-win features to ensure a level playing field for all players, fostering fairness as success in the game now fully depends on the player's skill and effort.

Until now, the game has only been distributed via the publisher's personal gaming platform, thus with this launch, LTG is now expanding its presence to other stores, starting with Steam.

Life is Feudal: MMO has been significantly refined through relentless development, targeted rebalancing, and the elimination of bugs while maintaining a strong bond with its community, with a special nod to the contributions of modders.

The game has experienced a renaissance with over 150 updates to its content, including new items, buildings, professions, and gameplay mechanics, along with the introduction of much-anticipated features like in-game voice chat, anti-cheat systems, and additional content.

Looking ahead, the roadmap for Life is Feudal: MMO includes major updates inspired by the community's feedback, such as a new map and many game improvements scheduled for mid-2024, underscoring LTG's commitment to develop the game in close cooperation with the community.

Life is Feudal: MMO is a sandbox massively multiplayer online role-playing game (MMORPG) set in a gritty medieval world called Abella, where players find themselves in this strange new world with no memory of their past and must quickly learn the basics of survival.

-- BERNAMA

Estonian Ministry, Zero Terrain Ink MoU To Build Pumped-Hydro Energy Storage

KUALA LUMPUR, April 17 (Bernama) -- The Estonian Ministry of Climate has signed the Memorandum of Understanding (MoU) with energy company Zero Terrain to construct a pumped-hydro energy storage (PHS) project in the country.

According to a statement, this cooperation will help Estonia achieve its 100 per cent renewable energy goal by 2030, and Zero Terrain is collaborating closely with the government to devise solutions to enable the realisation of the PHS project.

Zero Terrain Founder and Chief Executive Officer, Peep Siitam said signing the MoU is a significant step forward in Zero Terrain's journey towards a clean and secure energy future.

“This collaboration signifies the cooperation and a commitment to driving positive change in the Estonian renewable energy landscape,” he said.

Additionally, Zero Terrain receives a grant of 1.98 million euros from the state’s applied research programme to support its project development in Estonia and technology export. (1 euro = RM 5.08)

Siitam added that the grant will be used to develop Zero Terrain modular design, start development activities in other countries, and involve new investors in Zero Terrain Paldiski, Estonia.

The Zero Terrain Paldiski 500 megawatt (MW) underground long-duration energy storage plant is a significant advancement of the conventional PHS technology, making it possible to build anywhere, even on flat land.

Paldiski PHS plant is an European Union (EU) Project of Common Interest (PCI). It is the only greenfield PHS project in the Northern Baltic region and will also be the largest facility in the country.

Estonia´s first long-duration energy storage project, Zero Terrain Paldiski, obtained the main building permits in December 2022, and construction will begin in 2025. During the nominal operating cycle of 12 hours, Zero Terrain Paldiski generates six Gigawatt hour (GWh) of power to the grid.

Zero Terrain is jointly owned by the Estonian energy company AS Alexela, Baltic-Polish renewable energy company Sunly AS, Vool OÜ, Combiwood Grupp OÜ, Warmeston OÜ, and Ronnivara OÜ.

-- BERNAMA

Recursion Taps Najat Khan To Pioneer Burgeoning TechBio Sector

KUALA LUMPUR, April 17 (Bernama) -- Recursion, a clinical stage TechBio company has appointed Dr Najat Khan as Chief R&D Officer and Chief Commercial Officer, to lead its research and development, and build its emerging commercial capabilities.

According to Recursion in a statement, Dr Khan has also been appointed to the company’s Board of Directors.

“Najat brings a unique blend of leadership in biological, chemical, and medical sciences, data science, and business. More importantly, she has a vision and passion for transforming drug discovery and development that complements ours and she has a strong sense of urgency to accelerate the industry’s future.

“We are excited to welcome her as a Recursionaut to drive our portfolio pipeline, as well as create commercial strategies as we continue to industrialise the creation of high impact medicines,” said Recursion Co-Founder and Chief Executive Officer, Chris Gibson.

Meanwhile, Dr Khan said: “My mission and focus has been to harness the power of science, data, and AI to revolutionise the way we discover, develop, and deliver transformative medicines for patients.

“This seamlessly aligns with Recursion’s goal to pioneer the burgeoning TechBio sector and decode biology and chemistry to radically improve lives. I believe their approach represents the future of our industry, and sets Recursion to be at the forefront to deliver on this vision.”

Dr Khan has deep expertise in the pharmaceutical and healthcare industry, spanning biological, chemical, and medical science, computational and data science, and general business leadership, with a focus on driving substantial patient and business value. 

She also serves as a board member for Alliance for Artificial Intelligence in Healthcare and is a Steering Committee member of the White House’s Moonshot CancerX programme to enhance outcomes for cancer patients. 

-- BERNAMA

ONE DUCK CREEK SUMMIT TO FOSTER CULTURE OF BELONGING, RESPECT AMONG EMPLOYEES

KUALA LUMPUR, April 18 (Bernama) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, hosted its One Duck Creek Summit in Columbia, South Carolina, bringing employees together from across the globe.

According to the company in a statement, attendees are recognised for their roles in the many councils and programmes that help Duck Creek create a culture of excellence in insurance and technology.

The diverse group will convene over the next two days to discuss the past year’s goals and objectives as well as plan for the future to continue enhancing the company’s award-winning culture, as it endeavours to foster a culture of belonging and respect, where every voice is heard and valued.

Duck Creek Global Director of DE&I, Engagement & Culture, Amy Bayer said as a global company, it recognised the importance of having a diverse and inclusive workforce that reflects the communities and customers it served.

“We believe our DE&I programmes are imperative for our employees, but also a strategic advantage that enables us to innovate, collaborate, and deliver better solutions for our clients.

“The One Duck Creek Summit is a great opportunity to celebrate our achievements, share best practices, and inspire each other to continue building a great culture,” she said.

The summit kicks off with its Chief Executive Officer, Mike Jackowski highlighting the importance of promoting strong company values that focus on diversity, equity, inclusion and belonging (DEI&B) and a positive employee experience.

It also features keynote speakers which empower employees to connect and learn about other successful workplaces and cultures.

One of the highlights of the annual summit is a social impact event, in which, this year, Duck Creek has partnered with Ronald McDonald House Charities in Columbia.

Summit attendees will support their Pack-a-Smile programme, offering close family members of children receiving care at local hospitals a quick, nutritious bagged lunch, which enables family members not to have to leave the bedside or wonder when or where their next meal will come from.

-- BERNAMA

DALI Alliance Unveils DALI+ Test, Certification Specifications

KUALA LUMPUR, April 17 (Bernama) -- The DALI Alliance, the international authority in lighting technology standardisation, has unveiled much-anticipated certification details for its wireless specification, DALI+ over Thread.

As lighting specifications increasingly seek smarter, sustainable and interoperable solutions, DALI+ emerges as a crucial enabler of standardised wireless or internet protocol (IP)-based lighting systems.

Collaboration with partners such as Thread Group has resulted in the integration of enhanced security and encryption solutions, ensuring the integrity and confidentiality of data transmission within DALI+ networks.

“This represents a significant advancement in DALI-enabled technology. Our members and users will experience the benefits of enhanced wireless interoperability and strengthened sustainability credentials.

“By leveraging the potential of DALI technology, we are not only revolutionising lighting controls but also laying the groundwork for a more sustainable future for generations to come,” said DALI Alliance General Manager, Paul Drosihn in a statement.

Meanwhile, Thread Vice President Commercial Buildings, Klaus Waechter said this partnership underscores the company’s commitment to advancing wireless connectivity and interoperability for commercial grade markets and the lighting industry in general.

Key features of DALI+ with Thread include an IP version 6 (IPv6) based wireless mesh network created by Thread, in which off-the-shelf Thread border routers can also be used to connect multiple Thread networks through IP technologies, such as Ethernet or Wi-Fi.

Furthermore, DALI+ supports a wide array of control devices, including occupancy sensors, light sensors, switches, sliders, rotaries  as well as pushbuttons, while control gear support currently includes LED drivers with the three optional data parts namely luminaire data, power and energy, as well as diagnostics data.

-- BERNAMA

700 LOCAL FAMILIES BENEFIT FROM LYNAS MALAYSIA'S BACK-TO-SCHOOL PROGRAMME

Lynas Malaysia Back-to School Programme Sekolah Kebangsaan Pelabuhan

KUANTAN, April 17 (Bernama) -- The Lynas Malaysia Back-to-School programme has supported the education goals of local communities around Kuantan each year for the past 13 years. This year, 18 local schools participated in the programme.

The Back-to-School programme was designed to provide local families on low incomes with practical assistance in the form of school uniforms, shoes, bags and stationery supplies.

Vice President of People and Culture at Lynas, Mimi Afzan Afza, said, “Education has always been an important component of our community outreach. Our Back-to-School programme has run for 13 years without fail, even during the challenging years of the Covid-19 lockdown. We are proud to say that this year, 700 families have benefitted from the programme through the 18 participating schools. This represents the highest number of schools participating since the programme started over a decade ago.”

Lynas cares for its local communities and takes an active role in building better communities. The company aims to share the sustainable benefits of its operations by making a positive contribution to local employment, skills and education, health and wellbeing, and the environment.

Budget 2024 saw the Madani Government placing education at the forefront, which highlights the importance of human talent development and Malaysia’s goal on improving its Human Development Index currently ranked at 62nd in the world. With the Back-to-School programme, Lynas Malaysia hopes to encourage children in local communities to learn and pursue further education, and provide assistance to local families to ensure they are able to send their children to school.

Mimi Afzan said, “Education is important. We understand that there are those who feel the burden and we want the children within the local communities near us to be happy when they attend school as that will contribute to better results and ultimately a better community.”

She also highlighted that in Malaysia 98 per cent of the company’s workforce are Malaysians, out of which 73 per cent come from local communities in Pahang and another 20 percent are from Kemaman, Terengganu, which is close to the border of Pahang.

Mimi Afzan concluded, “The Back-to-School programme is a targeted approach to ensure the surrounding communities are resilient now and the next generation is stronger. This year the programme ran over three days with participation of Lynas staff from all levels of the organisation, to whom we express profound gratitude for their invaluable efforts in the success of the programme.

‘’It is important that our team understand they are not only producing critical components for high-tech global supply chains but are building the local community as well. We would also like to extend our appreciation to the management of Sekolah Kebangsaan Chengal Lempong, who have been very supportive of our activities and granted us the opportunity to organise the Back-to-School programme in their school grounds, here in Kuantan.”

The 18 schools participating in the 2024 Lynas Back-to-School programme included:

1. Sekolah Kebangsaan Chengal Lempong
2. Sekolah Kebangsaan Pelabuhan
3. Sekolah Jenis Kebangsaan (Cina) Semambu
4. Sekolah Kebangsaan Sungai Baging
5. Sekolah Kebangsaan Balok
6. Sekolah Kebangsaan Balok Baru
7. Sekolah Kebangsaan Balok Makmur
8. Sekolah Kebangsaan Beserah
9. Sekolah Kebangsaan Sungai Karang
10. Sekolah Kebangsaan Cherating
11. Sekolah Kebangsaan Tanjung Lumpur
12. Sekolah Kebangsaan Kampong Baharu Felda Neram 1
13. Sekolah Kebangsaan Felda Neram 1
14. Sekolah Kebangsaan Sungai Ular
15. Sekolah Kebangsaan Air Putih
16. Sekolah Kebangsaan Jabor
17. Sekolah Kebangsaan Lembah Jabor
18. Sekolah Jenis Kebangsaan (T) Ladang Jeram

In addition to the Back-to-School programme, Lynas Malaysia continues to contribute to local community children’s centres and pre-schools.

About Lynas

As an ethical and environmentally responsible producer of rare earth materials. Lynas is passionate about having a positive effect on its people, customers and suppliers, communities and the environment. In 2019, Lynas became a signatory to the United Nations Global Compact (UNGC). Lynas is also a supporter of the Taskforce for Climate-Related Financial Disclosures (TCFD). Lynas’ Environmental, Social and Governance (ESG) Report is available at LynasRareEarths.com and outlines the Company’s ongoing progress towards the principles of the United Nations Global Compact (UNGC) and towards achieving the UN Sustainable Development Goals.

SOURCE: Lynas Malaysia

FOR MORE INFORMATION PLEASE CONTACT:
Name: Mimi Afzan binti Afza
Email: Mimi.afzan@lynasre.com

--BERNAMA

WELLS FARGO TO LEVERAGE TRADESUN’S SOLUTION FOR NEW BUSINESS GROWTH

KUALA LUMPUR, April 17 (Bernama) -- TradeSun, the artificial intelligence (AI) leader in global trade and Wells Fargo, a financial services company, have entered into an agreement that will enable Wells Fargo to leverage the industry leading trade finance and compliance digitisation solution from TradeSun.

In a statement, TradeSun said its trade-focused AI will help deliver Wells Fargo’s goals by automating manual processes that will increase capacity to drive new business.

“Through our voyage with Wells Fargo, we have learned how efficiently they operate. I am personally driven to ensure the TradeSun AI platform continues to accelerate their leadership in the market.

“At TradeSun, we are inspired by Wells Fargo’s decision to invest in this relationship. It is a powerful validation of TradeSun’s innovation in digitising global trade finance,” said TradeSun Founder and Chief Executive Officer, Nigel Hook.

Meanwhile, Wells Fargo Head of Commercial Banking Client Insights and Commercial Lending Product Management group, Kiran Vuppu said the company is designing and delivering innovative products to serve its clients in a more streamlined way across all channels.

“One way our team is leading this work is by leveraging AI to enhance our clients’ experience and working with TradeSun is a key part of that strategy,” he added.

Wells Fargo will utilise the TradeSun AI platform to digitise, extract, validate as well as classify unstructured data for use with compliance and document checking.

TradeSun’s major new release is reinventing trade finance digitalisation as it breaks new ground in the world of cognitive data capture and intelligent process automation and takes compliance screening and document checking to new levels.

-- BERNAMA

FC BARCELONA AND EBC FINANCIAL GROUP TO ESTABLISH OFFICIAL FOREIGN EXCHANGE PARTNERSHIP FOR THE NEXT 3.5 YEARS

Originating from London, EBC Financial Group aims to build leadership in finance through becoming the Club's official foreign exchange partner across Asia, Central and South America, the Middle East, Africa, and Oceania. 

BARCELONA, April 15 (Bernama-GLOBE NEWSWIRE) -- FC Barcelona and EBC Financial Group (EBC) are pleased to announce their partnership in the foreign exchange sector across multiple regions for 3.5 years, commencing today. This partnership designates EBC as FC Barcelona’s official Partner in Foreign Exchange, with coverage extending to regions including APAC, LATAM, the Middle East, and Africa.  

This partnership marks a significant milestone for EBC, aligning the brand with the respected legacy and global reach of FC Barcelona. Under this exclusive agreement, EBC is granted the unique privilege to engage in specialized business activities within the foreign exchange domain. The partnership encompasses a range of services, including foreign exchange transactions, trading, brokering (including CFDs), and advisory services.

Through this alliance, EBC is set to innovate and inspire, drawing on the club's rich cultural heritage and passionate fanbase to cultivate meaningful engagement and establish a lasting presence in key regions with a brand-new audience, fostering connections with a vibrant, global community that transcend traditional market boundaries. It is also an unparalleled opportunity to bring FC Barcelona closer to its partners, supporters, and Culers in these regions, alongside its global expansion strategy to grow and continue to lead the industry via exploring the right partners in different sectors.

EBC Financial Group, founded in the esteemed financial centre of London, is a comprehensive financial services group renowned for its expertise in online trading, asset management and investment consultation. With offices strategically located in prominent financial centres, such as London, Hong Kong, Tokyo, Sydney, the Cayman Islands, Singapore, Bangkok, Limassol, and more, EBC caters to a diverse clientele of retail, professional and institutional investors worldwide. Known for its institutional-grade trading environment, the group provides tailor-made financial brokerage, trading services, and an extensive array of investment solutions.

A signing event to commemorate this significant milestone between the Club and EBC will be held at the revamped Spotify Camp Nou at a later date.  

http://mrem.bernama.com/viewsm.php?idm=48364

NX Group Now Offers NX-GREEN SAF Program In Japan

KUALA LUMPUR, April 15 (Bernama) -- Nippon Express Holdings Inc has started offering the NX-GREEN SAF Program in Japan, enabling its valued customers to purchase the environmental attributes derived from sustainable aviation fuel (SAF) to reduce carbon dioxide (CO2) emissions in customers' supply chains.

The programme which began service at NX Europe in July last year was a carbon-insetting programme that can be used to reduce CO2 emissions from all air transport services provided by the NX Group.

According to a statement, air transport utilising SAF can reduce CO2 emissions by about 80 per cent compared to conventional fossil fuels.

The programme is available for transport services arranged by the NX Group, which is the first Japanese forwarder to offer such a service without restrictions on the choice of airlines.

Customers participating in the programme will be issued with a CO2 reduction verification statement verified by SGS, one of the world's largest certification bodies, that can be used in information disclosure required by the Task Force on Climate-related Financial Disclosures (TCFD) and CDP (formerly Carbon Disclosure Project).

To address climate change, the NX Group has set the goals of reducing its own CO2 emissions (Scope 1 and 2) by 50 per cent from 2013 levels by 2030, and of helping realise carbon-neutral societies by 2050 (Scope 1, 2 and 3).

The NX Group will continue practicing sustainability management from a long-term perspective and contributing to better lives for people and the development of sustainable societies by addressing climate change through its business.

-- BERNAMA

 

EBC FINANCIAL GROUP, UNITED TO BEAT MALARIA JOIN FORCES TO IMPACTFULLY END MALARIA

KUALA LUMPUR, April 16 (Bernama) -- EBC Financial Group (EBC) announced a new partnership with United to Beat Malaria (Beat Malaria), a United Nations Foundation’s (UN Foundation) campaign, aimed at protecting those most vulnerable from malaria – a mosquito-borne disease that claims over 600,000 lives annually.

According to a statement, this partnership provides support for Beat Malaria campaign, which works to improve access to malaria prevention and essential health services in support of the UN Foundation’s goal of achieving a healthier and more equitable world.

“Seeing firsthand the impact that EBC Group can have by actively engaging with organisations like United to Beat Malaria reaffirms our commitment to making a difference in the communities we serve,” said EBC Financial Group (UK) Ltd, the British entity of EBC, Chief Executive Officer, David Barrett.

Meanwhile, Beat Malaria Executive Director, Margaret McDonnell said: “Our partnership with EBC Group is built on a shared commitment to protect the world’s most vulnerable children and families from this deadly yet preventable disease.

“EBC’s support will enable our campaign to reach at-risk communities and deliver life-saving interventions in malaria endemic countries to save and improve lives.”

This partnership reflects EBC’s dedication to corporate social responsibility and support to underprivileged children. EBC recognises the profound impact of malaria on the health and well-being of poverty-stricken regions, and the subsequent economic repercussions, particularly in exacerbating the disparity between developed and underprivileged regions.

In addition to financial support, EBC also seeks to educate its employees about malaria and encourage them to get involved. Last month, its APAC Director of Operations, Samuel Hertz alongside Barrett, joined over 100 malaria advocates, experts, and leaders at Beat Malaria’s annual Leadership Summit in Washington DC.

Furthermore, EBC employees will participate in the upcoming Move Against Malaria 5K, a virtual event held worldwide to raise awareness and funds to support lifesaving malaria treatment tools and programmes, slated from April 25 to May 5.

Looking ahead, EBC plans to forge deeper collaborations with UN-related charitable organisations and global partners to bolster health systems worldwide. Through these efforts and its commitment to corporate social responsibility, EBC aims to raise awareness about health disparities and promote inclusivity on a global scale.

-- BERNAMA

DONATION IN SUPPORT OF P. RAMLEE'S LEGACY

ENCORP's Chairman Yusmadi Yusoff donating to Sazali P. Ramlee

KOTA DAMANSARA, Selangor , April 15 (Bernama) -- The Old Frees Association, comprised of alumni from Penang Free School students in Singapore, has collected donations for the family of Tan Sri P. Ramlee. Apart from the alumni several prominent personalities such as the Honorable George Yeo, former foreign minister of Singapore and prominent architect and scholar Professor Tay Kheng Soon, have also contributed to the donation. Recognising the contribution of the legendry Tan Sri P. Ramlee, a singer, actor, composer and director, who was also an alumnus from Penang Free School, the Old Frees Association based in Singapore has decided to initiate this donation as a token of appreciation for Tan Sri P. Ramlee’s descendants.

This donation was entrusted to Yusmadi Yusoff, former senator and member of Parliament of Balik Pulau, and currently Chairman of Encorp Berhad (ENCORP). Pursuant to that, ENCORP who believes in the role of culture in development and promoting understanding amongst people in this country and the region, also contributed RM2,000, making the donation total RM4,100.

ENCORP’s Chairman, Yusmadi Yusoff said “We believe an effort such as this among private citizens and corporations, should be encouraged further to the highest level of leadership between the two countries, Malaysia and Singapore considering the influence and impact of Tan Sri P. Ramlee.”

Yusmadi Yusoff added “It is our hope that issues such as Royalty of Tan Sri P. Ramlee’s work should be addressed not only from legal perspective but from social, cultural and humanity. For us, Tan Sri P. Ramlee’s work goes beyond commercial and traditional parameters. It has potential to be a catalyst in promoting cultural understanding among people of the two countries in particular ASEAN. It appears that Tan Sri P. Ramlee is a shared common ground to nurture bilateral and regional understanding among the two countries and ASEAN.”

The more meaningful efforts or initiatives such as this be detected at the highest level of the top leadership of both countries towards acknowledging and recognising the importance of P. Ramlee as an ASEAN icon of cultural diplomacy, which has promoted cultural and mutual understanding between the two countries and the region. Moreover, it is essential that due consideration is given to supporting the descendants of P. Ramlee, ensuring that their rightful inheritance from his legacy is duly honored.”

The donation has been distributed to Sazali P. Ramlee, the son of the late great artist Tan Sri P. Ramlee.

Listed on the Main Market of Bursa Malaysia (Ticker: ENCORP/6076). For more information, visit www.encorp.com.my or facebook: @encorpbhd.

Source: Encorp Berhad

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Pauline S Lalung
Tel: 03 6286 7777
Email: pauline@encorp.com.my

--BERNAMA

XSOLLA CURINE ACADEMY, UNIVERSITI MALAYA PARTNER TO ADVANCE DIGITAL INNOVATIONS

 

Left: Mr. Kaveh Wong Tz Toe, Founder / Director of Xsolla Curine Academy Sdn. Bhd.; Right: Professor Dr. Chan Chee Seng, Dean of Faculty of Computer Science & Information Technology (FCSIT) UM, shake hands after signing the Letter of Intent for joint collaboration. (Photo: Business Wire)

KUALA LUMPUR, April 15 (Bernama) -- Xsolla Curine Academy, a leader in fostering digital innovation and excellence, has announced a research collaboration and joint initiatives with Universiti Malaya focusing on the burgeoning fields of Computer Games, Animation, and Virtual/Augmented Reality (VR/AR).

This strategic emphasis on Computer Games, Animation, and VR/AR aligns with the rapidly evolving digital landscape and reflects the growing importance of these technologies in various industries.

By pooling their expertise in these areas, Xsolla Curine Academy and Universiti Malaya aim to drive innovation, create impactful projects, and nurture talent with specialised skills tailored to meet future demands.

“This partnership represents a commitment to excellence, innovation, and the shared pursuit of knowledge. Together, we aim to contribute significantly to advancing research and training, fostering an environment where creativity thrives,” said Xsolla President, David Stelzer in a statement.

Meanwhile, Universiti Malaya Dean for Faculty of Computer Science and Information Technology, Professor Dr Chan Chee Seng said: “By combining the academic rigour of Universiti Malaya with the industry insights of Xsolla Curine Academy, we anticipate producing impactful research and fostering an environment that prepares students for future challenges.”

“Through this collaboration, Xsolla Curine Academy will also be invited to the Elite@UM programme. Students will engage in cutting-edge research, gain hands-on experience, and receive mentorship from industry experts,” he added.

As the collaboration between Xsolla Curine Academy and Universiti Malaya develops, both organisations are committed to making a long-term effect on the landscape of research, teaching, and innovation.

The collaboration aims to lay the path for future breakthroughs and contribute to the growth of a knowledge-based society.

-- BERNAMA

IONEER MOVES TOWARD CONSTRUCTION AT ITS RHYOLITE RIDGE PROJECT

Image 1: Revised Plan Based on Stakeholder Feedback: 2020 Proposed Plan of Operations: 292.9 acres of disturbance within critical habitat before concurrent reclamation to establish functional pollinator habitat. 2.98 acres of direct impact to Tiehm’s buckwheat subpopulations. Subpopulations 4, 5, 6a, 6b, and 7 affected.(Graphic: Business Wire)

KUALA LUMPUR, April 15 (Bernama) -- Ioneer Ltd (Ioneer) has moved one step closer toward construction at its Rhyolite Ridge Lithium-Boron site, following the Bureau of Land Management’s (BLM) planned issuance of the project’s draft Environmental Impact Statement (EIS), as referenced in the BLM’s statement on April 12.

The pending release of this draft EIS is the first to be issued from the Biden Administration as part of its efforts to accelerate domestic lithium production, which is the result of years of effective collaboration between Ioneer and federal, state and local agencies and Tribal Nations.

It marks a key milestone in the environmental permitting review process for the proposed greenfield project in Esmeralda County, Nevada, set to inject a critical supply of integral transition materials into the United States (US) electric vehicle (EV) battery production supply chain.

The draft document will include Ioneer’s efforts to redesign and relocate proposed project activity away from Tiehm’s buckwheat, an endangered species classified by the US Fish and Wildlife Service (FWS) in December 2022.

According to Ioneer in a statement, the draft EIS will also detail the company’s investments as part of a formal protection plan and propagation strategy for the Nevada plant.

The draft EIS will be available for public comment beginning April 19. Reaching this stage of the National Environmental Policy Act (NEPA) permitting process reflects federal inter-agency collaboration and agreement that the draft document is ready for public input.

“The forthcoming release of the draft EIS represents six years of hard work to help build America’s critical minerals supply chain and reaffirms the viability of our investment in Nevada. Rhyolite Ridge will help accelerate the electric vehicle transition and secure a cleaner future for our children and grandchildren,” said Ioneer Executive Chairman, James Calaway.

Once operational, Ioneer’s Rhyolite Ridge Lithium-Boron Project will be a leading example of responsible and sustainable mining. In July 2022, Ioneer submitted a revised plan of operations for federal permitting review, to avoid any direct impact to Tiehm’s buckwheat.

After listing and designation of critical habitat, which the company supported, Ioneer worked closely with the agencies and stakeholders to develop a third iteration to detail plans to further reduce indirect impacts to the plant and reduce activity within designated critical habitat.

-- BERNAMA

Giesecke+Devrient Achieves Record-breaking Revenues Of 3-bln Euro

KUALA LUMPUR, April 15 (Bernama) -- Giesecke+Devrient (G+D) revenue for 2023 reached three billion euros for the first time, surpassing its previous record from 2022 by 18 per cent. (1 euro = RM5.07)

In a statement, G+D said its annual net income has also increased by 14 per cent to 92 million euros.

"We have achieved the most successful fiscal year in the company's history and are now entering a new phase in our development.

"This gives us a strong basis for further strategic development as a SecurityTech company and for making the lives of billions of people more secure with our products and solutions," said G+D Group Chief Executive Officer, Ralf Wintergerst.

Earnings before interest, taxes, depreciation and amortisation (EBITDA) rose by 17 per cent to 347 million euros, the highest figure in the company's history, while its high volume of incoming orders, standing at 3.2 billion euros, points to continued future success.

Despite the challenging global situation, G+D is consistently investing in the expansion of its portfolio and the group’s development, whereby in 2023, it invested an unprecedented 490 million euros, an increase of 44 per cent compared to 2022.

The group's future-proof portfolio proved to be a strong driver of business success. In its three segments Digital Security, Financial Platforms and Currency Technology, G+D offers innovative physical and digital solutions tailored to customer and market needs, making the lives of billions of people more secure.

With sales of around one billion euros each, all three pillars contributed equally to the best financial result in the company's history.

The SecurityTech company is well positioned for the future driven by its three strong segments as it entered a new phase in the company's development in 2023. Therefore, G+D is confident about the fiscal year 2024 and expects a further increase in sales.

-- BERNAMA

Smith+Nephew To Distribute Navigation Solution For Hip Arthroplasty In Australia

KUALA LUMPUR, April 12 (Bernama) -- Smith+Nephew, the global medical technology company, has entered an agreement with NAVBIT to exclusively distribute the NAVBIT SPRINT in Australia during the recent Australian Orthopedics Association Centre of Excellence (COE) Meeting in Sydney.

A single-use, sterile navigation system with everything provided in a small carton, NAVBIT SPRINT is designed to suit busy surgeons, and its convenient product format makes it extremely practical and cost efficient for hospitals and day surgery environments.

This exclusive distribution builds upon the agreement Smith+Nephew announced for Japan in April 2023, according to the company in a statement.

“We are seeing the positive impact that NAVBIT SPRINT offers our customers in Japan and look to experience the same results in the Australian market.

“Many customers are seeking innovative solutions for THA planning and execution and NAVBIT will help us serve that specific market segment,” said Smith+Nephew International, Senior Vice President and General Manager, Kenneth Garcia. 

Meanwhile, NAVBIT Chief Executive Officer, Lynette Walter said: “We are committed to supporting and serving our great Australian surgeons with smart, useful technologies - and we look forward to complementing the Smith+Nephew implant range with this very neat navigation technology.”  

Post-operative dislocation remains the second most common reason for revision of a total hip replacement in registries worldwide as data suggests only 49 per cent of acetabular cups are accurately aligned when using manual instrumentation.

Hence, this compact, single-use, and simple-to-use technology offers surgeons a fast, reliable navigation solution for hip arthroplasty.

NAVBIT SPRINT is available through Smith+Nephew in Japan and Australia and has two product variants, for supine and lateral patient position; making it suitable for a range of surgical approaches, including the direct anterior approach and the posterior approach.

-- BERNAMA

Banle Group To File 2023 Financial Report, Host Investor Webinar

KUALA LUMPUR, April 12 (Bernama) -- Banle Group, a reputable marine fuel logistics company in the Asia Pacific, announced it will file its annual report on Form 20-F for the year ended Dec 31, 2023 on April 18.

According to a statement, Banle Group will also host an Investor Webinar on April 23, which is now open for registration.

Banle Chairman & Chief Executive Officer, Teck Lim Chia together with its Chief Financial Officer Raymond Chiu, will discuss the group’s business strategies and recent developments during the webinar.

Established in 2015, CBL International Limited is the listing vehicle of Banle Group, is committed to providing customers with one stop solution for vessel refuelling, primarily focused in over 55 major ports worldwide.

-- BERNAMA

Blood Glycans May Accelerate Biological Ageing In HIV Patients - Wistar Findings

KUALA LUMPUR, April 12 (Bernama) -- The Wistar Institute’s associate professor Mohamed Abdel-Mohsen, along with his team and collaborators, has identified sugar abnormalities in the blood that may promote biological ageing and inflammation in people living with HIV (PLWH).

The findings, taken from a large data study comprising more than 1,200 participants, are detailed in the new paper, “Immunoglobulin G N-glycan Markers of Accelerated Biological Aging During Chronic HIV Infection”, published in the journal Nature Communications.

According to a statement, Abdel-Mohsen seeks to understand how chronic viral infection causes this accelerated biological ageing, which refers to the body ageing faster than one’s chronological years would typically indicate.

By understanding the molecular mechanisms behind accelerated biological ageing in people living with chronic viral infections, scientists can begin to formulate strategies to mitigate the negative effects.

Abdel-Mohsen said utilising glycan signatures to predict early onset of diseases in people living with HIV marks a pivotal shift towards proactive healthcare.

“This could significantly alter clinical outcomes, allowing for timely interventions and personalised treatment plans. The impact on treatment and management in the HIV community could be revolutionary.

“Beyond biomarkers, antibodies glycoengineered to mimic biologically younger glycans offer a new therapeutic avenue. This method could enhance immune responses, paving the way for innovative treatments,” he added.

Abdel-Mohsen's research investigates whether living with a chronic viral infection, such as HIV infection, exacerbates these changes, leading to premature ageing and related diseases.

By comparing glycan profiles in over 1,200 individuals, both with and without HIV, the team discovered that PLWH exhibit elevated levels of inflammatory and pro-ageing IgG glycan signatures.

In a remarkable step forward, the team developed a machine-learning model that uses these glycan signatures to estimate the biological age of PLWH and assess the rate of ageing acceleration. This glycan signature also has the potential to predict the onset of comorbid conditions in PLWH, such as cancer, years in advance.

-- BERNAMA

AKWEL REVENUE UP 7.8 PCT TO 1.0664 BLN EUROS FOR 2023

KUALA LUMPUR, April 5 (Bernama) -- AKWEL, an automotive and heavy goods vehicle equipment and systems manufacturer, has posted a consolidated revenue of 1.0664 billion euros for 2023, up 7.8 per cent, compared to the prior year. (1 euro = RM5.13)

In a statement, the French-based company said its current operating income has also grown 64 per cent to 61 million euros, driven by positive business developments and the gradual impact of some price rises.

A provision of 9.4 million euros associated with the exceptional costs of restructuring the Gournay (France) site weighed on the operating income.

The group’s self-financing capacity was 84.7 million euros, while the working capital requirement (WCR) rose to 20.7 million euros. With investments up sharply to 59.3 million euros, AKWEL has generated free cash flow of 4.6 million euros and net cash position of 105 million euros, compared with 113.7 million euros at the end of 2022.

Meanwhile, the distribution of a dividend of 0.30 euros per share for 2023 will be proposed at the Annual General Meeting to be held on May 23.

The group set itself ambitious corporate social responsibility (CSR) goals to achieve by 2028, focusing on employee engagement, customer satisfaction and respect for the environment.

In 2023, there was significant progress in these areas, notably with a marked reduction in the frequency and severity of workplace accidents, a 10.8 per cent reduction in carbon emissions and a 14 per cent reduction in water consumption.

The automotive production is expected to be stable across European and North American markets in 2024, AKWEL anticipates similar levels of activity for this financial year as for 2023.

Also a specialist in fluid management, mechanisms and structural parts for electric vehicles, AKWEL operates in 20 countries across five continent, employing 9,600 people worldwide.

-- BERNAMA

TRAVELOKA PARTNERS WITH HONG KONG TOURISM BOARD TO EXPAND TRAVEL EXPERIENCES IN SOUTHEAST ASIA

Traveloka partners with HKTB

JAKARTA, April 5 (Bernama) --Traveloka, Southeast Asia’s leading travel platform, announced a strategic collaboration with the Hong Kong Tourism Board (HKTB) to strengthen its position as a trusted travel partner in Southeast Asia.

As part of the collaboration, Traveloka will showcase the charm and beauty of Hong Kong to travelers across Southeast Asia and invite them to experience everything the city has to offer. This collaboration is expected to boost tourism growth in Hong Kong further and position the city as a premier destination for Southeast Asian travelers.

Hong Kong’s tourism sector has steadily climbed since the reopening of international borders. Data released by HKTB showed that from January to December 2023, the number of international tourists arriving in Hong Kong surged to 33 million, marking a 60-fold increase compared to the same period in 2022[1]. Over 3.7 million of these visitors came from Southeast Asian and East Asian countries.

Caesar Indra, President of Traveloka, expressed enthusiasm about the collaboration with HKTB, stating, "Hong Kong is among the popular destinations on our platform, with sales of flight tickets to the city almost quadrupling in the fourth quarter of 2023 compared to the same period last year. Establishing a partnership between Traveloka and HKTB will further reinforce our dedication to promote global destinations on our platform, and encourage travelers to explore new experiences.”

Liew Chian Jia, Regional Director, Southeast Asia of Hong Kong Tourism Board, said, "Partnering with Traveloka is pivotal for us as it unlocks the tourism potential in Hong Kong and helps us understand consumers better. Therefore, we aspire to this collaboration not only to attract more travelers from Southeast Asia to explore the charms of Hong Kong but also to contribute positively to the aviation and hospitality industries in the region."

Create an Unforgettable Hong Kong Experience on Traveloka
Known as Asia’s World City, Hong Kong is home to renowned attractions such as Hong Kong Disneyland, Ocean Park Hong Kong, Ngong Ping 360, Madame Tussauds Hong Kong, and LEGOLAND Discovery Centre Hong Kong.

For outdoor sports enthusiasts, Hong Kong offers trekking experiences with stunning scenery, including Dragon’s Back and Lamma Islands. Foodies will find Hong Kong a gastronomic heaven, with the all-time favorite local cuisine such as dim sum, roasted goose, and BBQ meats never further than a block away. Culture lovers can join in year-round festivities such as the Dragon Boat Festival in June and Mid-Autumn Festival in September.

To enjoy the ultimate Hong Kong experience, travelers can seize the captivating Hello Hong Kong Campaign deals running from February 5, 2024, to May 12, 2024, on the Traveloka app. These alluring offers span Flights, Hotels, and Travel Activities, and are all conveniently located in one single app to help Traveloka customers with tailored itineraries and seamless trip planning.

About Traveloka
Traveloka is Southeast Asia’s leading travel platform that enables consumers to access, discover, and purchase a wide range of transport, accommodation, and travel activities products. Our comprehensive product portfolio includes transport booking services such as flight tickets, buses, trains, car rentals, airport transfers, and Southeast Asia's largest accommodation inventory, including hotels, apartments, guest houses, homestays, resorts, and villas. Additionally, Traveloka offers a variety of local attractions to make the most of your trip, including theme parks, museums, day tours, and many more. Established in Indonesia in 2012, we have expanded to five Southeast Asian countries: Thailand, Vietnam, Singapore, Malaysia, and the Philippines.

Traveloka is a key player in the region, offering reservations for various local attractions and activities. Traveloka offers easy financing options for customers’ travel with various payment methods to facilitate their transactions and insurance products to help Southeast Asian consumers fulfill their aspirations. Traveloka provides 24/7 customer service in local languages as well as more than 30 different local payment methods. The Traveloka app has been downloaded more than 130 million times and has over 40 million Monthly Active Users, making it the most popular travel platform in Southeast Asia.

For further information, please head to: www.traveloka.com

[1] Hong Kong Tourism Statistics

Source: Traveloka

FOR MORE INFORMATION, PLEASE CONTACT:
Traveloka Communications Team
Email: pr@traveloka.com

--BERNAMA

BBFW 2024 Takes Centre Stage, Celebrating Excellence In Global Bridal Fashion

KUALA LUMPUR, April 4 (Bernama) -- Barcelona Bridal Fashion Week (BBFW) 2024 is set to become one of the most outstanding editions to date, with 37 major brands taking the catwalk and over 400 firms participating in the trade show.

The event, organised by Fira de Barcelona with the support of the Catalan Ministry of Business and Labor, has become a key meeting point for designers and professionals from the bridal fashion world, according to a statement.

BBFW 2024 promises to be a showcase of excellence and creativity in bridal fashion from April 17 to 21, with a 14 per cent increase in the number of brands and a record figure of 80 per cent of internationality with firms from over 35 countries.

BBFW Director, Albasarí Caro emphasises the importance of an edition that will "bring together the most prestigious designers in the industry and transform Barcelona, more than ever, into the world epicentre for business and trends in the industry".

In addition, the world-famous haute couture and ready-to-wear designer Giambattista Valli will be the star of the Barcelona Bridal Night with the presentation of his third "Love Collection" 2025, which will also be the first exclusively bridal fashion show in the firm’s history.

The show will also feature couture brands like Zuhair Murad, Elie Saab, Stephane Rolland and Viktor&Rolf, as well as other fully established international designers including Jenny Packham, Tony Ward and Ines Di Santo, joined for the first time in this edition by Georges Hobeika.

The event will open to the city with the Barcelona Goes Bridal! art installation, which will represent the cycle of the bridal fashion industry and will showcase dresses from local brands.

It will not only focus on fashion and trends, but also on business, with an ambitious plan to attract key international buyers. More than 80 countries will be represented, with a large presence from key markets such as Europe, the United States, Japan, South Korea and Latin America.

An award ceremony will round off the event recognising the talent and creativity of designers, as well as their commitment to innovation, sustainability, and inclusivity in their collections.

-- BERNAMA

MARY KAY VANGUARD OF OCEAN CONSERVATION EFFORTS AT WORLD OCEAN SUMMIT

 

Sandra Silva, General Manager of Mary Kay in Portugal, shared insights on the crucial need for collaborative efforts in marine conservation and highlighted the impact of incorporating gender perspectives in initiatives tackling climate change challenges and biodiversity loss. (Photo: Mary Kay Inc.)

KUALA LUMPUR, April 4 (Bernama) -- Beauty brand Mary Kay Inc is once again at the forefront of global ocean conservation efforts, with its participation at the 11th Annual World Ocean Summit & Expo, held in Lisbon, Portugal, from March 11 to 13.

As a bronze level sponsor for the second consecutive year, Mary Kay demonstrated its unwavering commitment to fostering a sustainable blue economy as a private sector representative and through its long-standing collaboration with The Nature Conservancy (TNC).

The annual event, organised by Economist Impact, convened over 200 expert speakers and a diverse international audience to engage in meaningful discussions, workshops, and "How to" sessions, focusing on actionable solutions to some of the most pressing oceanic challenges, underlining the importance of collaborative efforts across sectors.

Mary Kay Portugal General Manager, Sandra Silva took an active role in the panel discussion titled "Developing Blue Nature-based Projects", sharing insights on the crucial need for collaborative efforts in marine conservation and highlighting the impact of incorporating gender perspectives in initiatives tackling climate change challenges and biodiversity loss.

“Mary Kay's participation at this year's World Ocean Summit was not only about reinforcing our dedication to ocean conservation, but also about spotlighting the essential role of women in these efforts.

“We believe that our collective actions today are pivotal for the preservation of marine ecosystems. All stakeholders left the summit with a clear vision on new synergies, a focus on actionable strategies, and soundproof solutions to enhance ocean stewardship,” she said in a statement.

Meanwhile, TNC Global Ocean Director, Dr. Lizzie Mcleod, expressed gratitude for their long-term and impactful relationship with the beauty brand.

“Our strong collaboration stands as a testament to the power of joining forces across the scientific community and the private sector to improve ocean health,” said Dr. Mcleod.

A global leader in women’s empowerment and staunch advocate for sustainability, Mary Kay has been working to elevate ocean health and coral reef awareness through its support of TNC for 37 years.

Some of the most recent projects include the Super Reef restoration in the Asia Pacific region and other projects in Hawaii, Palau, the Marshall Islands, and Belize, whereby these projects align with Mary Kay's mission to not only enrich lives but also to ensure the longevity and health of marine environments for future generations.

-- BERNAMA

CAPCOM DRAGON’S DOGMA 2 SALES EXCEED 2.5 MLN UNITS

Dragon's Dogma 2 is the latest game in Capcom's beloved action RPG series. (Graphic: Business Wire)

KUALA LUMPUR, April 3 (Bernama) -- Capcom Co Ltd, a leading developer, publisher and distributor of interactive entertainment, announced its Dragon’s Dogma 2 has sold over 2.5 million units worldwide, bringing franchise’s total sales to over 10 million units.

According to the company in a statement, released twelve years after the original, Dragon’s Dogma 2 is an action game set in a sprawling open world with a high degree of freedom.

The game allows players to enjoy an intricately crafted, all-too-real fantasy setting while providing a taste of adventuring in a group of up to four people all while playing solo thanks to artificial intelligence (AI)-controlled pawn characters that act as travelling companions.

Capcom carried out various global-facing promotional activities with the aim of attracting not only long-time fans of the series but newcomers as well, including the launch of a free application that let users create their player avatars prior to the game’s release, as well as in-game pawns made in collaboration with celebrities in various countries and Japanese national athletes.

Updates regarding additions and changes to some specifications for Dragon’s Dogma 2 are being made on an ongoing basis, and details can be found on the game’s official homepage.

Capcom remains firmly committed to satisfying the expectations of all stakeholders by leveraging its industry-leading game development capabilities in order to create highly entertaining gameplay experiences.

Founded in 1983, with corporate headquarters located in Osaka, Japan, Capcom has created hundreds of games, including groundbreaking franchises Resident Evil, Monster Hunter, Street Fighter, Mega Man, Devil May Cry and Ace Attorney.

-- BERNAMA

 

St Kitts And Nevis Sets To Host Investment Gateway Summit This May

KUALA LUMPUR, April 1 (Bernama) -- St. Kitts and Nevis is gearing up to host its inaugural Investment Gateway Summit, a once-in-a-lifetime experience for economic citizens to ‘connect, collaborate and celebrate’ with like-minded global investors.

The summit will take place from May 11 to 15 at the St. Kitts Marriott Resort, displaying world-class sustainable business and investment development practices in the twin-federation, according to a statement.

The St. Kitts and Nevis Investment Gateway Summit is about real conversations and tangible opportunities that global citizens can explore, offering a range of opportunities to connect with industry leaders and fellow entrepreneurs.

With hundreds of attendees from countries spanning the globe, including the United Arab Emirates, Nigeria, Egypt, South Africa, Singapore, and China, the summit promises unparalleled networking prospects.

The five-day event will bring together economic citizens, policymakers, corporate leaders, business delegations, academia, and think tanks from across the globe to collectively explore business opportunities and forge new partnerships.

Local exhibitors and international sponsors will have a unique opportunity to showcase  businesses and promote brands to this niche audience.

The Investment Gateway Summit is an opportunity for key stakeholders from businesspeople, economic citizens and governments to collaborate in sustainable development and connect for long-term collaborations, whereby participants will gain exclusive access to expertise and invaluable resources from reputable global leaders and investors.

Each day the detailed agenda is packed with exciting events, such as an exclusive opportunity to celebrate with the St. Kitts and Nevis Prime Minister, Honourable Dr Terrance Drew in a private Gala Dinner, alongside other economic citizens and special guests.

The programme includes unique opportunities for its guests to explore the idyllic island through events such as the St. Kitts Scenic Railway, create a memorable cultural experience on the Frigate Bay Strip, and learn about one of UNESCO’s World Heritage Sites, the historical Brimstone Fortress.

-- BERNAMA

MIDEA GROUP'S MAIDEN ESG BRAND STORY SHOWCASES COMMITMENT TO SUSTAINABILITY

KUALA LUMPUR, March 29 (Bernama) -- Midea Group, a global technology group, recently released its 2023 Environmental, Social, and Governance (ESG) Report with ambitious sustainable development goals set for 2030.

It includes achieving over 500 megawatts of photovoltaic power generation, reducing greenhouse gas emission intensity (scopes 1 and 2) by 0.040, securing Energy Management System Certification for 50 factories, and achieving 100 per cent carbon footprint accounting for major categories of smart home appliances.

This is aligned with the Sustainable Development Report Standards of the Global Report Standards of the Global Reporting Initiative (GRI), according to the group in a statement.

The new report and campaign focuses on four dimensions, namely Protect the Blue Planet; Build a Harmonious Community; Practise 'Bring Great Innovations to Life'; and Jointly Create the Prosperous Ecology.

In order to communicate to a wider audience, Midea produced its first-ever ESG brand film and with this in mind, a narrative based film was created telling the story of a factory visit featuring Midea‘s most prominent VIPs which is the next generation.

This creative juxtaposition highlights kids as VIPs as well as future beneficiaries of its ESG initiatives. Their characters bring a warmth, simplicity, and charm only kids can provide, allowing the brand to deliver hard facts with a soft touch.

The film was launched globally on March 28, across Linkedin, Facebook, X, Youtube platforms, and with its unwavering commitment to sustainability, Midea Group is well-positioned to continue leading the way towards a greener and more sustainable future.

Currently, the group boasts five Global Lighthouse factories and 28 factories with national-level green factory titles; provides a multi-channel talent development system and cross-cultural exchange activities for its 190,000 employees; and plans to invest 140 million Chinese yuan towards education development in local communities. (100 Chinese yuan = RM65.45)

As a globally responsible citizen, Midea Group aims to support the United Nations Sustainable - Development Goals (SDGs) and has joined the United Nations Global Compact organisation. Its dedication to sustainability has also been recognised by Forbes, listing the group as one of the World’s Top Companies for Women in 2023.

-- BERNAMA

TOSHIBA DEBUTS PRODUCT OFFERING SENSORLESS CONTROL OF THREE-PHASE BRUSHLESS DC MOTORS

 

Toshiba: SmartMCD™ Series gate driver ICs with embedded microcontroller (Graphic: Business Wire)

KUALA LUMPUR, March 29 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has started volume shipments of its SmartMCD Series of gate driver ICs with embedded microcontroller (MCU).

The first product, "TB9M003FG", is suitable for sensorless control of three-phase brushless direct current (DC) motors used in automotive applications, including water and oil pumps, fans and blowers, according to a statement.

TB9M003FG combines a microcontroller (Arm Cortex-M0), flash memory, power control functions and communications interface functions into a gate driver that controls and drives N-ch power metal-oxide-semiconductor field-effect transistors (MOSFETs) for three-phase brushless DC motor drives.

This integration will reduce system sizes and component counts while realising advanced and complex motor control for a wide variety of automotive motor applications.

The new product also incorporates Toshiba's proprietary vector engine, hardware for sensorless sinewave control, reducing the load on the microcontroller, and the size of the software.

The expanding market for electric vehicles requires electrification, component integration, downsized electronic control units (ECUs), and quieter motors.

In response, the new product contributes to downsizing of ECUs by integrating a microcontroller into the gate driver, and to quieter motors by using vector control.

A supplier of advanced semiconductor and storage solutions, Toshiba looks forward to building and contributing to a better future for people everywhere.

-- BERNAMA

Threatlocker Expands Endpoint Security Services To Australia, Advancing Cybersecurity

KUALA LUMPUR, March 26 (Bernama) -- ThreatLocker, a cybersecurity solution provider, has launched its advanced data centre in Sydney, Australia, just over a year after the grand opening of its second headquarters in Dublin, Ireland.

According to a statement, this strategic move aims to enhance cybersecurity capabilities across various sectors in Australia, including the private sector, commonwealth, state, territory, and local governments.

The expansion of ThreatLocker will assist Australian entities in complying with the urgently recommended Australian Cyber Security Strategy implemented by the Australian Government.

Additionally, ThreatLocker offers Zero Trust Application Controls and Ringfencing capabilities that align almost any organisation with requirements presented by the Australian Cyber Security Centre’s Essential Eight Maturity Model.

Its Chief Executive Officer (CEO) and Co-Founder Danny Jenkins said: "Zero Trust is a mindset, and I admire the Australian government's holistic approach, involving the wider community to tackle a modern-day threat.

"As one of the top vendors assisting businesses with Essential Eight guidelines, we are thrilled to strengthen our collaboration with Australia through this centre, bolstering their data protection and compliance initiatives."

ThreatLocker, founded in 2017 by its CEO Jenkins, Chief Operation Officer Sami Jenkins, and Vice President of Quality Assurance John Carolan, protects over two million endpoints across more than 40,000 organisations globally.

The company offers a powerful Zero Trust endpoint protection platform that enables organisations to stop ransomware and other cyberattacks by controlling what software can run in their environments.

-- BERNAMA

MAJORITY BUSINESS SCHOOL ASPIRANTS WANT AI, INCLUSION, SUSTAINABILITY PROGRAMMES

KUALA LUMPUR, March 27 (Bernama) -- Equity, inclusion and sustainability programmes are essential for a huge majority of prospective students in graduate business education, and most would not even consider applying to schools that do not have them, according to a survey by the Graduate Management Admission Council (GMAC).

The annual survey of global prospective students of business school shows more than two-thirds of potential students agreed that equity and inclusion, as well as sustainability, are important or very important to their academic experience, according to GMAC in a statement.

In addition, three-quarters of candidates say efforts around well-being — defined by the United Nations Sustainable Development Goals of no poverty, zero hunger, clean water and sanitation, and decent work and economic growth —are important to them when pursuing higher education, to the point that many would eliminate schools from their consideration if these themes were not incorporated in the curriculum.

“The 2024 survey of prospective students reveals that candidates expect graduate business education to help equip them to advance social impact as a component of their professional and personal goals.

“Their strong desire to build evergreen skills like leadership in an uncertain world, data-driven problem-solving, and effective technology and human capital management persists, even though their preferences for delivery formats and study destinations may shift,” said GMAC Chief Executive Officer, Joy Jones.

Also driving the interest in advanced business education of would-be students is the transformative technology of generative artificial intelligence (AI). Their demand for it grew 38 per cent year-over-year, with two-fifths now saying it is essential to their curricula.

Interest was the highest among those from the Middle East and Latin America as well as among millennials and men. Global interest in science, technology, engineering, and mathematics (STEM)-certified business programmes also grew 38 per cent in five years, and to new heights in Asia, driven by demand in India and Greater China.

GMAC also found that candidates’ preference for hybrid programmes is growing. Over the past five years, interest in hybrid learning has grown globally at the expense of in-person learning, with most hybrid candidates wanting to spend half or more of their class time in-person and the rest online.

While the United States (US) remains the top study destination for most business school candidates globally, multi-year survey data shows that more candidates than ever before plan to apply to study within their country of citizenship instead of internationally, particularly in Asia, Latin America, and Eastern Europe.

This year’s summary report considers data collected in the 2023 calendar year from 4,105 respondents in 132 countries worldwide. Among them, 42 per cent were female, 61 per cent were Gen Z, and 29 per cent of the US sample were from underrepresented populations.

-- BERNAMA

KFSH&RC Scientists Discover New Bacteria Species To Combat Antibiotic-Resistant Bacteria

KUALA LUMPUR, March 26 (Bernama) -- In a ground-breaking development, scientists at King Faisal Specialist Hospital and Research Centre (KFSH&RC) have identified a new species of bacteria, referred to as "Stenotrophomonas Riyadhensis" through the application of whole-genome sequencing (WGS) technology.

According to KFSH&RC in a statement, this discovery signifies a major advancement in understanding how bacteria interact with existing drugs, paving the way for innovative therapeutic strategies.

Such efforts are essential in the global fight against antibiotic-resistant bacteria, highlighting KFSH&RC’s advanced research capabilities and its leading role in fostering scientific discoveries and enhancing patient care.

KFSH&RC research centre Head of the Infectious Disease and Immunity Department, Dr Ahmad Al Qahtani said: “Traditional bacterial identification methods may lead to misidentification, in contrast, WGS analysis offers a precise and targeted approach that ensures accurate identification and provides detailed insights into resistance mechanisms, proving its significance in disease outbreak investigations and patient care improvements.”

Meanwhile, its Head of Transplant Infectious Diseases at the Organ Transplant Centre of Excellence, Dr Reem Almaghrabi said the discovery’s importance in advocating for continuous monitoring and the use of advanced technologies such as WGS in developing faster and more accurate diagnostic methods.

The discovery of "Riyadhensis" reinforces the potential of genomic tests in innovating promising diagnostic and therapeutic methods, as well as deepening the understanding of bacterial resistance mechanisms, particularly in sensitive environments like intensive care units (ICU) and among patients with compromised immune systems.

This represents substantial progress in combatting antibiotic resistance, developing pharmaceuticals, and preventing the spread of diseases.

This newly identified bacteria was discovered amid an in-depth investigation into a suspected outbreak in the ICU of KFSH&RC in 2019, highlighting challenges previously unrecognised by the global scientific and medical communities in pinpointing and countering new bacterial strains.

Understanding the nuances of new bacterial species, particularly their antibiotic resistance, is crucial in modern healthcare and serves as the primary means of combatting bacterial infections. As these bacteria continuously evolve their resistance, they pose a significant and ongoing threat to human health.

-- BERNAMA

PHLEXCELL SDN BHD, A NANOMALAYSIA BERHAD COMPANY AND PARTNER UNVEIL TRANSFORMATIVE NEW FLEXIBLE DYE-SENSITISED SOLAR CELL (FLEXIBLE DSSC)

KUALA LUMPUR, March 26 (Bernama) -- PhlexCell Sdn Bhd from NanoMalaysia Group of Companies and Universiti Teknologi Petronas, proudly announces the successful development of the Flexible Dye-Sensitised Solar Cell (Flexible DSSC), marking a significant milestone in renewable energy innovation. This breakthrough technology is poised to revolutionise the energy landscape, offering versatile and sustainable solutions for various applications, both indoors and outdoors.
NanoMalaysia Berhad CEO, Dr Rezal Khairi Ahmad, spoke on the project's completion, stating, "Bendable solar panel provides isolated energy versatility and independence for electronic devise thus the exponential growth projected in the Internet of Things (IoT) and smart sensor markets underscores the immense potential for our Flexible DSSC. With IoT devices set to triple by 2023 and the global IoT market forecasted to reach a staggering US$ 1.6 trillion by 2025, our technology stands ready to transform energy solutions within these rapidly growing sectors."

"As we witness a rapid shift towards renewable energy, the commercial landscape for dye-sensitised solar cells (DSSCs) is ripe with opportunity. With a projected CAGR of 12.4% from 2020 to 2027 and Malaysia's solar energy capacity expected to more than double by 2026, our Flexible DSSCs are positioned at the forefront of this transformative journey. The cost-effectiveness and impressive performance metrics of DSSCs are primed to catalyse significant demand, effectively addressing the essential requirements of economic affordability, energy reliability, and environmental preservation. The very nature of DSSCs to absorb a wider spectrum range including indoor lightings coupled with physical flexibility opens up a multitude potential of industrial and user applications".

There is a large market for flexible DSSCs in both the public and commercial sectors. For consumers, it is a leap toward energy independence, driving technological progress in everyday devices. Meanwhile, for businesses, embracing Flexible DSSC technology can lead to reduced operational costs and adherence to sustainability objectives, ultimately positioning them as leaders in innovation.

The Flexible DSSCs with sufficient light-to-electricity efficiency have a wide range of applications, powering communication devices like LoRA backscatter, RFID, passive Wi-Fi, and Bluetooth Low Energy (BLE), as well as personal and household gadgets such as wristwatches, small calculators, digital thermometers, smoke detectors, and wall clocks.

The Flexible DSSC aims to demonstrate the viability and efficiency of harnessing solar energy in diverse settings, promoting the adoption of renewable energy sources as an alternative to conventional silicon-based solar panels, which only work well under direct sunlight settings. Its flexibility enables seamless integration into various indoor applications, contributing to the advancement of green technologies.

This innovative breakthrough aligns with government priorities, which emphasise renewable energy and the advancement of eco-friendly technologies. It facilitates the transition towards a low-carbon economy with the eventuality of reaching net zero as early as 2050. NanoMalaysia's dedication in this field supports the country’s National Energy Policy and National Energy Transition Road Map. It resonates with global efforts to combat climate change while promoting the adoption of sustainable energy sources.

In line with Malaysia's National Energy Transition Roadmap (NETR) goals aiming for 70% renewable energy by 2050 and the cessation of new coal power plants, the groundbreaking DSSCs technology tailored for indoor use expedites Malaysia's transition to sustainable energy. It underscores NanoMalaysia’s commitment to a low-carbon future, bolstering the nation's ambitious renewable energy objectives and fostering the proliferation of indoor renewable energy solutions. The DSSCs for indoor applications serve as a pivotal innovation, aligning with Malaysia's New Industrial Master Plan, which propels the country's agenda for sustainable industrial growth by integrating state-of-the-art renewable energy solutions into its industrial framework and the 10x10 mySTIE policy on advanced materials as a driver of science and technology, contributing to Malaysia's socio-economic advancement through environmental sustainability and biodiversity conservation.

Introducing Flexible DSSCs under Phlexcell Sdn Bhd marks a pivotal moment in Malaysia's journey towards sustainable energy solutions and creating new business and job opportunities via the development of relevant domestic value and supply chains. This is evidenced by entirely different yet recyclable raw materials as a by-product of existing industry and new processing techniques required for industrial-scale manufacturing. With its potential to drive economic growth, enhance energy security, and mitigate environmental impact, this technology represents a significant step forward in achieving national and international goals for a cleaner, greener future.

About NanoMalaysia, PhlexCell, and UTP Tripartite Alliance

In a significant move to advance innovation in solar technology and flexible electronics, NanoMalaysia has entered into a tripartite Memorandum of Understanding (MoU) with PhlexCell and the University Teknologi Petronas (UTP), specifically with the Centre of Innovative Nanostructures & Nanodevices (COINN). This collaboration marks the establishment of a Centre of Excellence (CoE) aimed at developing new technologies, devices, and solutions through industry and research institution partnerships. The CoE will also offer training and short courses in rigid and flexible solar technologies, provide consultancy to the research and industrial ecosystems, and offer comprehensive services, including characterisation, testing, and R&D in solar technology and flexible devices.

SOURCE : NanoMalaysia Berhad

FOR MORE INFORMATION, PLEASE CONTACT:
NanoMalaysia Berhad
Name: Ameerul Ashraff
Tel: +6017 358 5127
Email: ameerul@nanomalaysia.com.my
corporateaffairs@nanomalaysia.com.my
Website: www.nanomalaysia.com.my

--BERNAMA