SELANGOR INVESTMENT FORUM (SIF) 2026 CONNECTS INVESTORS WITH STRATEGIC PROJECTS AND INVESTMENT OPPORTUNITIES

Selangor Investment Forum (SIF) 2026 Connects Investors With Strategic Projects And Investment Opportunities

KUALA LUMPUR, Oct 16 (Bernama) -- The Selangor Investment Forum (SIF) 2026 took place yesterday as part of the 10th Selangor International Business Summit (SIBS) 2026, held at the Kuala Lumpur Convention Centre (KLCC). The forum brought together more than 300 participants including investors, industry leaders and key stakeholders, to explore strategic projects and investment opportunities in Selangor.

The forum opened with Welcome Remarks by YB Tuan Ng Sze Han, Selangor State Executive Councillor for Investment, Trade and Mobility, who highlighted Selangor’s strategic advantages amid the ongoing restructuring of global supply chains.

The programme continued with special remarks by YBhg. Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA). The programme also featured a Malaysia Investment Spotlight: Where Capital is Moving session presented by Mr. Christophe Vicic, Chief Growth Officer of JLL Malaysia Real Estate, offering perspectives on investment trends and capital flows.

Another key session focused on the Rancangan Selangor Kedua (RS-2) presented by Pn. Siti Nadira Binti Mohd Nor Assistant Director, Macro and Privatization Section, State Economic Planning Unit (UPEN). The session outlined Selangor’s long-term economic development priorities and highlighted the importance of aligning investment strategies with the state’s development direction.

The forum also addressed the practical requirements of establishing and expanding business operations in Malaysia through a technical session titled “Navigating Investment Approvals in Malaysia: Regulatory Processes and Technical Requirements”. The session cover SPEED Selangor by UPEN Selangor, Free Industrial Zones (FIZ), Free Trade Zones (FTZ), Licensed Manufacturing Warehouses (LMW) by the Royal Malaysian Customs Department, Certificates of Origin by MITI and Investment Incentives in Malaysia: Opportunities for Investors by MIDA.

The afternoon programme featured the Investable Projects Presentation Session: Unlocking Investment Opportunities: Strategic Projects by Selangor GLCs. The session showcased potential investment and collaboration opportunities through by Menteri Besar Selangor (Incorporation), the Kita Selangor Rail Line by UPEN Selangor and the Selangor Agenda for Green Economy (SAGE) by Worldwide Holdings Berhad.

The International Chambers Fireside Chat, themed Investor Perspectives: Opportunities and Challenges for Investing in Selangor and Malaysia brought together representatives from international business chambers, Ms. Kati Ferry, Chief Executive Officer EU- Malaysia Chamber of Commerce and Industry (EUROCHAM Malaysia); YBhg. Dato’ Siobhan Das, Chief Executive Officer, American Malaysian Chamber of Commerce (AMCHAM Malaysia) and Mr. Hakeem Yang, Vice National President, Taiwan Chamber of Commerce & Industry in Malaysia (TWCHAM). Moderated by YBhg. Datin Christina Cheah, Country Head of Corporate & Investment Banking, Wholesale Banking, UOB Malaysia, the discussion explored investor perspectives on the business environment, supply chain integration, talent development, cross-border logistics and operational challenges faced by foreign companies establishing and expanding their presence in Malaysia.

The forum also scheduled to feature the Launch of the Malaysia Digital Location Recognition (MDLR) initiative by the Malaysia Digital Economy Corporation (MDEC), marking a step towards strengthening Selangor’s digital investment ecosystem. The MDLR initiative provides a structured framework for recognising strategic digital locations under three categories: MD Hub, MD Nexus and MD Tech Zone. The framework aims to strengthen Malaysia’s digital ecosystem through quality infrastructure, innovation-driven environments and investment-ready locations.

Through this strategic collaboration, Selangor becomes the first state to embark on the MDLR initiative at the state level under the distinctive brand of MDLR@Selangor. This initiative reflects Selangor’s commitment to building a more visible, connected and investment-ready digital ecosystem.

To date, 26 buildings across Selangor have achieved MD Nexus recognition, positioning the state among Malaysia’s leading states in terms of the concentration of MD Nexus-recognised premises. In addition, 2 co-working spaces in Selangor have received MD Hub recognition.

The initiative also creates opportunities for closer collaboration between Invest Selangor and MDEC to identify suitable locations, enhance their readiness and investment value propositions, and facilitate engagement among investors, property developers, ecosystem partners and relevant government agencies.

SIF 2026 ended with “In Conversation with YAB Dato’ Seri Amirudin Shari, Dato’ Menteri Besar Selangor (Chief Minister of Selangor) sponsored by OCBC. The session explored Selangor’s role as a gateway to ASEAN and the state’s strategic direction under the Second Selangor Plan (RS-2) 2026–2030, with a focus on investment and industrial development.

The session highlighted RS-2’s six missions and 98 initiatives, with a target of RM330 billion in investments, focusing on five key sectors: electrical and electronics, aerospace, automotive, digital, and creative industries. It also underscored Selangor’s investment performance, with RM70.0 billion in approved investments across 835 projects in the first half of 2026, representing a 101% increase compared with the corresponding period last year, with the digital sector as a key contributor. The discussion further touched on efforts to strengthen the state’s economic resilience, including the RM355.06 million Selangor Resilience Strengthening Package, supported by the Ministry of Investment, Trade and Industry (MITI).

Through SIF 2026, Invest Selangor continues to strengthen its role in facilitating investment by connecting businesses with relevant government agencies, strategic projects and industry stakeholders. By bringing together policy insights, regulatory guidance, project opportunities and international investor perspectives, the forum supports informed investment decisions and helps create pathways for business expansion and sustainable economic growth in Selangor.

For programme details and updates, visit www.selangorsummit.com or follow @selangorsummit on social media.

About Invest Selangor

Invest Selangor Berhad is the Selangor State Government’s investment promotion agency, facilitating business growth and investment opportunities in Malaysia’s most developed and competitive state. As a one-stop centre, it provides advisory services, market insights, and facilitation for local and international investors looking to establish or expand in Selangor—the gateway to ASEAN.

With a strategic location, world-class infrastructure, and a thriving business ecosystem, Selangor continues to attract high-value investments across diverse industries, reinforcing its position as Malaysia’s economic powerhouse. Since 1999, Invest Selangor has successfully facilitated over 7,069 manufacturing projects, contributing to the creation of 508,316 jobs and securing more than RM256.6 billion in investments.

Invest Selangor also drives the Selangor International Business Summit (SIBS) and the Selangor Aerospace Summit (SAS), key platforms connecting industry leaders, policymakers, and entrepreneurs across ASEAN and beyond. Through strategic initiatives, it remains committed to a resilient, sustainable, and innovative economy, reinforcing Selangor as the preferred destination for global investors.

For Selangor investment enquiries, please visit www.investselangor.my

SOURCE: Invest Selangor Berhad​

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Nur Azyyana Abu Bakar
Email: azyyana@investselangor.my

Name: Maryani Binti Mat Saad
Email: maryani@investselangor.my

--BERNAMA

SELANGOR TARGETS HIGH-TECH WORKFORCE SURGE: SCOUT TALENT EXPO 2026 OPENS WITH 10,000 JOBS IN AEROSPACE, CHIPS, AND GREEN TECH

Selangor Targets High-Tech Workforce Surge: Scout Talent Expo 2026 Opens With 10,000 Jobs In Aerospace, Chips, And Green Tech

Anchored under the 10th Selangor International Business Summit (SIBS 2026), the three-day career showcase connects over 140 premier employers with Malaysian talent, featuring on-the-spot interviews and RM30,000 in incentives.

KUALA LUMPUR, Oct 16 (Bernama) -- The Selangor Career Outreach (SCOUT) Talent Expo 2026 launched yesterday at the Kuala Lumpur Convention Centre (KLCC), offering more than 140 participating companies, with over 2,000 positions available and 10,000 job vacancies specialised roles across high-growth industries.

Running from 15 to 17 October at Hall 7, Level 3, the three-day talent drive serves as a strategic cornerstone of the 10th Selangor International Business Summit (SIBS 2026). It aims to bridge the critical talent supply gap in high-value sectors, connecting fresh graduates, TVET candidates, and seasoned professionals directly with leading multinational and regional employers.

Participating industries reflect Selangor’s drive towards high-tech economic expansion, with opportunities spanning semiconductors, aerospace maintenance, repair and overhaul (MRO), rail transit, life sciences and industrial automation.

Speaking at the launch, YBhg. Dato' Amirul Azizan bin Abd. Rahim, Deputy State Secretary (Management) said, “Selangor’s continued economic growth and investment inflows are creating new opportunities for job creation. From January to June 2026, approved investments reached RM70 billion, with 60% comprising foreign investments and the remaining 40% coming from domestic investments. These investments have generated more than 23,000 job opportunities across various sectors and occupational fields.”

The expo hosts 121 exhibition booths featuring more than 140 industry leaders, including:

· Semiconductors & Deep Tech: Weeroc Space Sdn Bhd, NXP Malaysia Sdn Bhd
· Aerospace & Aviation MRO: SIA Engineering Company, AIROD Aerospace Technology
· Public Transit & Infrastructure: Prasarana Malaysia Berhad
· Life Sciences & Healthcare: Duopharma Biotech Berhad
· Automation & Clean Energy: Schneider Electric

Highlighting the expo’s focus on actionable employment, YBhg. Dato’ Hasan Azhari bin Hj. Idris, Chief Executive Officer of Invest Selangor Berhad, noted, “This programme is open to everyone, particularly Selangor residents and those from nearby regions including students, graduates, job seekers looking for new career opportunities, as well as individuals who have been retrenched. I hope that SCOUT Talent Expo will serve as a platform to strengthen the relationship between industry and the talent community, while creating more career opportunities in the future.”

Beyond direct recruitment, the three-day programme features comprehensive workforce-readiness initiatives delivered in partnership with public and private bodies:

· Walk-in CV Clinics & Guidance: Dedicated PERKESO booths offering personalised career assessments and CV reviews.
· LinkedIn Optimisation Hub: Hands-on sessions to boost candidate visibility amongst regional headhunters and corporate talent acquisition teams.
· Executive Industry Briefings: Recruitment demand insights from firms such as Linergy Power Sdn Bhd and Randstad Malaysia.
· Start-Up Innovation Showcase: An ASEM-curated semiconductor pitch contest showcasing homegrown deep-tech ventures to angel investors.
· Social Protection & Enterprise Transition: Briefings on MYFutureJobs, the EIS Act 2017 (Act 800), alongside digital entrepreneurship workshops hosted by Platform Selangor (PLATS).

To drive public participation, the event includes appearances by career personalities Zarul Umbrella, Aunty HR, Ansari Ramli and Mdnor, alongside lucky draws worth up to RM30,000. Prizes include Montigo drink bottles, JisuLife portable fans an iPad and a MacBook Neo.

Additionally, the first 3,000 attendees will receive RM10 in e-wallet credits, whilst up to 500 eligible PERKESO Employment Insurance System (EIS) recipients can claim RM100 in e-wallet relief (subject to terms and conditions).

SCOUT Talent Expo 2026 runs daily from 10:00 am to 6:00 pm through Saturday, 17 October 2026, at Hall 7, Level 3, Kuala Lumpur Convention Centre, Kuala Lumpur. Admission is free.

For registration details and event schedules, visit www.selangorsummit.com or follow @selangorsummit on social media.

About Invest Selangor

Invest Selangor Berhad is the Selangor State Government’s investment promotion agency, facilitating business growth and investment opportunities in Malaysia’s most developed and competitive state. As a one-stop centre, it provides advisory services, market insights, and facilitation for local and international investors looking to establish or expand in Selangor—the gateway to ASEAN.

With a strategic location, world-class infrastructure, and a thriving business ecosystem, Selangor continues to attract high-value investments across diverse industries, reinforcing its position as Malaysia’s economic powerhouse. Since 1999, Invest Selangor has successfully facilitated over 7,069 manufacturing projects, contributing to the creation of 508,316 jobs and securing more than RM256.6 billion in investments.

Invest Selangor also drives the Selangor International Business Summit (SIBS) and the Selangor Aerospace Summit (SAS), key platforms connecting industry leaders, policymakers, and entrepreneurs across ASEAN and beyond. Through strategic initiatives, it remains committed to a resilient, sustainable, and innovative economy, reinforcing Selangor as the preferred destination for global investors.

For Selangor investment enquiries, please visit www.investselangor.my

SOURCE: Invest Selangor Berhad​

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Nur Azyyana Abu Bakar
Email: azyyana@investselangor.my

Name: Maryani Binti Mat Saad
Email: maryani@investselangor.my

--BERNAMA

A.P. MOLLER CAPITAL TO BUY SINGAPORE PORT OPERATOR PORTEK

KUALA LUMPUR, Oct 16 (Bernama) -- A.P. Moller Capital, a global institutional fund manager, has agreed to acquire 100 per cent of Singapore-based ports operator Portek International Pte Ltd (Portek) from Japan’s Mitsui & Co Ltd (Mitsui) through its Emerging Markets Infrastructure Fund II (EMIF II).

“Portek is a strong fit with our investment strategy and active owner philosophy. It is an established business with a diversified portfolio of port operations serving important trade flows across three continents, supported by experienced local operating teams,” said A.P. Moller Capital Partner, Semih Gökmen.

A.P. Moller Capital in a statement said the acquisition is aligned with its focus on transport and logistics infrastructure and that it plans to focus on operational performance, governance, safety, capital discipline and environmental performance at Portek after completion.

The deal adds to A.P. Moller Capital’s investments in Philippines-based AC Logistics and Bergé Logistics, which operates in Spain and Latin America, as well as recently signed agreements to acquire majority stakes in Globex Investissement and Euroports.

Portek, founded in 1988, has interests in seven port terminals in Algeria, Gabon, Indonesia, Latvia, Malta and Vietnam, and provides port engineering and operations and maintenance services, mainly from Singapore and Indonesia.

It employs about 1,400 people, and its terminals handle around seven million tonnes of bulk cargo, 700,000 containers and 90,000 vehicles each year.

Financial terms were not disclosed. Completion is subject to customary conditions, including regulatory and third-party approvals.

-- BERNAMA

MHTC AND MAYBANK PARTNER TO BRING MALAYSIA HEALTHCARE CLOSER TO ASEAN CUSTOMERS

Multi-year collaboration combines Malaysia Healthcare ecosystem with Maybank’s regional reach to support a more connected healthcare and wellness journey across ASEAN

KUALA LUMPUR, Oct 15 (Bernama) -- Malaysia Healthcare Travel Council (MHTC) and Malayan Banking Berhad (Maybank) today formalised a multi-year strategic collaboration to bring the Malaysia Healthcare ecosystem closer to Maybank customers across ASEAN.

The collaboration brings together MHTC’s medical tourism ecosystem and Maybank’s regional network and customer reach, creating additional ways for customers and families to access healthcare and wellness information, relevant ecosystem opportunities, and supporting services. It also supports MHTC’s broader efforts under its “Healing Meets Hospitality” proposition.

Through this collaboration, MHTC brings together the country’s healthcare expertise, member hospital network, and industry ecosystem, while Maybank supports customer engagement through its regional presence and customer touchpoints. Together, the organisations aim to create a more connected pathway between customers across ASEAN and Malaysia’s healthcare ecosystem.

“Malaysia has built a strong healthcare ecosystem, and the opportunity now is to make that strength more accessible to people across the region,” said Dato’ Suriaghandi Suppiah, Chief Executive Officer, Malaysia Healthcare Travel Council. “MHTC brings the national healthcare mandate, the healthcare ecosystem and the connections across our member hospitals, while Maybank brings an established regional network and trusted customer relationships. This collaboration allows us to extend the reach of Malaysia Healthcare and create a more practical, customer-ready proposition across ASEAN. In simple terms, MHTC opens the destination. Maybank opens the door,” he added.

At the centre of the collaboration is Maybank’s regional healthcare and wellness initiative, a customer proposition that will be progressively developed with MHTC and rolled out across participating markets.

“Across ASEAN, our customers lead increasingly mobile lives, with needs and priorities that extend across markets. With a banking network spanning ten ASEAN countries, Maybank is well-positioned to meet these evolving needs in ways that go beyond traditional banking. This collaboration with MHTC is one example, connecting our customers and their families across the region with Malaysia’s healthcare travel ecosystem. By building partnerships around real customer needs, we continue to bring our purpose of humanising financial services to life,” said Syed Ahmad Taufik Albar, Group Chief Executive Officer, Community Financial Services, Maybank.

The collaboration will be progressively activated across selected ASEAN markets, building on initial engagement in Cambodia, with Indonesia, Philippines and Singapore also identified as priority markets. While Maybank’s regional healthcare and wellness initiative is retained as the common platform, activations will be tailored to local customer needs and applicable requirements.

In Cambodia, the collaboration supports Maybank Cambodia’s “Cross-Border Wealth to Cross-Border Wellbeing” direction, expanding its Premier wealth proposition beyond financial wellbeing and supporting customers as their needs evolve across different life stages. Premier clients can access relevant healthcare and wellness information and opportunities through MHTC’s ecosystem.

In Indonesia, the collaboration complements Maybank Indonesia’s Premier Banking proposition by extending the customer experience beyond traditional financial services. Through MHTC’s healthcare travel ecosystem, Premier clients and their families can access privileges and relevant support for themselves and their families’ wellbeing needs.

Across these markets, Maybank will facilitate access to relevant opportunities through its regional customer network, while MHTC provides the connection to Malaysia Healthcare ecosystem.

Please refer here for photo:
https://drive.google.com/drive/folders/1uozEQ9KxW5m_gX48Ucuj1-FZ6urYu-IS

SOURCE: Malaysia Healthcare Travel Council (MHTC)

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Muhammad Rasydan Bin Ma’at
Head of Unit, PR and Media Unit
Communications
Tel: +603 8776 6168
Email: rasydan.m@mhtc.org.my

Name: Mohamad Shahizam Fauzi
Head, Communications
Tel: +603 8776 6168
Email: shahizam.f@mhtc.org.my

Name: Pang Tun Yau
Head, PR, Content & Creative
Group Community Financial Services
Maybank
Email: tunyau.pang@maybank.com

--BERNAMA

AirAsia MOVE wins Asia’s Best Travel Booking App for the fourth consecutive year

Fourth consecutive traveller-voted win, reflecting MOVE’s expanded travel offerings, enhanced app experience and growing engagement, with monthly active users up 22%, and app journey searches up 14% year-on-year.

GREEN ISLAND, JAMAICA, Oct 15 (Bernama) -- AirAsia MOVE (MOVE) has been named Asia’s Best Travel Booking App for the fourth consecutive year at the World Travel Tech Awards 2026, reflecting its continued evolution and resilience as it adapts to shifting traveller expectations and challenges in the travel industry.

MOVE has evolved from a platform centered on flights and hotels to a broader travel and lifestyle app built around the full journey. Travellers can book across 700 airlines, over a million hotels, bundled flights and hotels with SNAP!, discover global attractions and experiences through GetYourGuide, and access live entertainment options through MOVETIX. Beyond expanding what travellers can book, MOVE continues to make the journey simpler through ongoing improvements to its booking flows and payment experience, alongside AskBo, its AI-powered chatbot.

This evolution is reflected in growing platform engagement, with monthly active users rising 22% year-on-year to nearly 17 million and app journey searches increasing 14% to 33 million.

Chan Kok Ding, Head of Commercial of AirAsia MOVE said, “Winning Asia’s Best Travel Booking App for the fourth consecutive year is a proud milestone for us at MOVE, especially as we continue to evolve alongside the ever- changing travel landscape.

“Our real measure of success, however, is what we make possible beyond the booking. By bringing travellers, our airline and hotel partners, tourism boards, and destinations together, we aim to turn more travel possibilities into real experiences, creating more opportunities for the wider travel industry and making it easier for people to explore the world.”

Graham E. Cooke, President and Founder of World Travel Awards, said: “Congratulations to AirAsia MOVE on this outstanding achievement at World Travel Tech Awards 2026. This fourth consecutive win as 'Asia’s Best Travel Booking App' recognises MOVE’s continued innovation, evolving travel offerings and commitment to creating a seamless experience for travellers. It is a testament to the dedication of the MOVE team and its role in shaping how travellers discover, plan and book their journeys.”

At the same award ceremony, MOVE, as the official booking platform for AirAsia, also secured this year’s awards for World’s Best Low-Cost Airline App and World’s Best Low-Cost Airline Website.

For the latest updates, follow @airasiamove on Instagram and TikTok. Download the app from the Apple App Store, Google Play Store, and Huawei App Gallery for a smooth and enhanced booking experience.

SOURCE: AirAsia MOVE (MOVE)

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Ryan Chan
Email: loionchanl@movetravel.com​

--BERNAMA

A Bittersweet Farewell to Bayview: Ascott Malaysia Unveils Transformation of Three Beloved Hotels into Distinct New Hospitality Experiences in Penang and Langkawi

A bittersweet farewell to Bayview Beach Resort Penang as it embarks on a new chapter as Ascott Batu Ferringhi Penang Resort

KUALA LUMPUR, Oct 15 (Bernama) -- Ascott Malaysia is embarking on transforming and rebranding three long-established Bayview properties in Penang and Langkawi into three distinct hospitality offerings, supported by an estimated reinvestment of approximately RM210 million and a phased reopening planned from early 2028.
The strategy sees Bayview Beach Resort Penang rebranded as Ascott Batu Ferringhi Penang Resort, Bayview Hotel Georgetown become Oakwood Georgetown Penang and Bayview Hotel Langkawi become Fox Hotel Langkawi. Together, the three properties represent 989 rooms across Penang and Langkawi and reflect a focused strategy of matching the three brands to suit their destinations and respective guest needs.

Ascott Batu Ferringhi Penang Resort will be Malaysia’s first beachfront resort under Ascott’s flagship brand. Set along the golden beach of Batu Ferringhi, Penang’s best-loved beach destination, the resort will be positioned for leisure and MICE travellers. Refurbishment works will cover the lobby, guest rooms, restaurants, swimming pool, wellness and spa outlet, and kids’ club. The banquet facilities, including the 1,000-seat grand ballroom, will also be upgraded, bringing a new level of experience to holidays, dining, meetings and events on Penang’s northern coastline.

In George Town, Oakwood Georgetown Penang will introduce the Oakwood brand’s “Home + Beyond” concept, offering a base designed for modern travellers looking to work and leisurely explore the city’s heritage attractions and food culture.

Fox Hotel Langkawi is the brand’s first property in Langkawi and one aimed at leisure holidaymakers and “bizcation” travellers seeking reliable service and strong local connections. Located in Kuah, the hotel is expected to appeal to style-conscious travellers exploring the island.

Bayview Hotel Georgetown, which operated for four decades, Bayview Hotel Langkawi and Bayview Beach Resort Penang have all ceased operations ahead of refurbishment works. Reopening of the transformed properties is expected from 2028 onwards.

“Bayview has been part of Penang and Langkawi’s hospitality landscape for many years, and we recognise the place these properties hold in the memories of guests and local communities,” said Adrian Chua, Area General Manager, Ascott Malaysia. “This transformation allows us to build on that legacy while introducing experiences that reflect how people travel today. By matching each destination with a distinct brand, we are creating offerings that serve both individual and group traveller requirements.”

The planned RM210 million reinvestment transformation of the three properties, owned by Oriental Holdings Berhad and operated by The Ascott Limited, comes at a time when Malaysia’s tourism sector continues to grow. According to the Ministry of Tourism, Arts and Culture in August, the country recorded 21.1 million international visitor arrivals in the first half of 2026, an increase of 2.5% over the same period last year.

For travellers, business event organisers and industry partners, the transformation will introduce new accommodation options across leisure, extended stays, business travel and events. More information on bookings, facilities and reopening timelines will be announced progressively as redevelopment works advance.

The three refurbished properties will join Ascott Malaysia’s active portfolio of 29 hotels and serviced residences across major cities and urban centres in Malaysia, with additional developments in the pipeline. The new properties support a broader growth strategy of bringing new multi-typology offerings, strategic property conversions and footprint extensions into emerging leisure and business destinations to create the greatest relevance for travellers and local communities.

For more information on Ascott Malaysia, please visit https://www.discoverasr.com/en/malaysia

Images:
https://drive.google.com/drive/folders/1nFFy4BC1XOZQcLKF8DvvJrEzsj8aLCjd?usp=drive_link

About The Ascott Limited
 
The Ascott Limited (Ascott) is driven by a vision to be the preferred hospitality company, enriching global living with heartfelt experiences. With a portfolio of more than 1,000 properties spanning over 230 cities across more than 40 countries, Ascott’s presence spans Asia Pacific, Central Asia, Europe, the Middle East, Africa and the USA. Its diverse collection of award-winning brands includes Ascott, Citadines, lyf, Oakwood Premier, Oakwood, Somerset, The Crest Collection, The Unlimited Collection, Adoor Apartment, Adoor Suites, Fox, Harris, POP!, Preference, Quest, Vertu and Yello.

Ascott specialises in managing and franchising a wide range of lodging options, including serviced residences, hotels, resorts, social living properties and branded residences, catering to the varying needs and preferences of global travellers. Through the Ascott Star Rewards (ASR) loyalty programme, members enjoy exclusive privileges and curated experiences, enhancing every aspect of their travel journey.
 
As a wholly owned business unit of CapitaLand Investment Limited, Ascott generates fee-related revenue by leveraging its expertise in both lodging management and investment management. It also drives the expansion of funds under management by growing its sponsored CapitaLand Ascott Trust and private funds.
 
For more information on Ascott and its sustainability programme, please visit www.discoverasr.com/the-ascott-limited. Alternatively, connect with Ascott on Facebook, Instagram, TikTok and LinkedIn.
 
About CapitaLand Investment Limited (SGX: 9CI)

CapitaLand Investment is a leading global real asset manager with a strong foothold in Asia. Headquartered and listed in Singapore, CLI connects institutional capital to real asset opportunities through its globally integrated fund management platforms. Operating in over 40 countries, CLI is focused on growing recurring fee earnings, recycling capital efficiently and delivering sustainable long-term value for shareholders through disciplined capital management and responsible investing. For more information, please visit: www.capitalandinvest.com. (Co. Regn.: 200308451M)

SOURCE: Ascott Malaysia

FOR MORE INFORMATION, PLEASE CONTACT:
Ab & Artho
Name: Cindy Yoong
Tel: +6016 207 9961
Email: cindy.yoong@abartho.com

Ascott Malaysia
Name: Ng Bee Fong, Country Director - Brand & Mktg
Tel: +6016 221 9878
Email: beefong.ng@the-ascott.com

--BERNAMA

NETBOX LABS SIGNS NVIDIA, GRAFANA LABS PARTNERSHIPS

KUALA LUMPUR, Oct 14 (Bernama) -- NetBox Labs, which develops the network and data centre management software NetBox, has announced partnerships with NVIDIA and Grafana Labs, along with new platform capabilities, at its first NetBox Evolve conference.

“Today NetBox is used by companies like Arm, CoreWeave, Kaiser Permanente and JPMorgan Chase to build, run and grow their networks and infrastructure.

“We are seeing tremendous growth, with more than 90 per cent of the top neoclouds using NetBox to design and scale their AI data centres, and we expect NetBox to power more than 100 GW of AI data centre capacity by 2030,” said NetBox Labs chief executive officer and co-founder, Kris Beevers in a statement.

Under the NVIDIA partnership, NetBox is now a native source of truth for NVIDIA Configuration Manager (NVCM), the network orchestration component of NVIDIA DSX OS. It provides the data that drives automated configuration across NVIDIA-native cluster fabrics.

NetBox Labs and Grafana Labs have also released a free, open-source NetBox plugin in the Grafana catalogue. The plugin brings live infrastructure details, such as site, role, tenant, rack, owner and lifecycle, into Grafana dashboards and alerts. According to the companies, it requires no pipeline changes, avoids stale labels and adds no metric cost.

Separately, NetBox Labs’ open-source Orb platform now supplies network flow and packet telemetry to Grafana Cloud users.

NetBox Labs has also expanded its Infrastructure Intelligence Platform. NetBox Designs, now in public preview, provides reusable templates for designing sites, racks and IP plans for large-scale deployments.

NetBox Agents adds pre-built AI agents for tasks including change request review, compliance and data quality management, also in public preview. A fully managed NetBox Platform MCP Server, now generally available, lets customers’ own AI agents query and change infrastructure in plain language.

NetBox Analytics, which has added new ready-made dashboards, and NetBox Visual Explorer will become generally available in November.

-- BERNAMA