Business http://malaysiandigest.com/business.html Tue, 23 Jan 2018 06:17:40 +0800 Joomla! - Open Source Content Management en-gb BNM's International Reserves Higher At US$103 Billion As At Jan 15, 2018 http://malaysiandigest.com/business/719336-bnm-s-international-reserves-higher-at-us-103-billion-as-at-jan-15-2018.html http://malaysiandigest.com/business/719336-bnm-s-international-reserves-higher-at-us-103-billion-as-at-jan-15-2018.html

Pic: Bernama

KUALA LUMPUR: Bank Negara Malaysia's (BNM) international reserves stood at US$103 billion as at Jan 15, 2018, higher than the US$102.4 billion recorded as at Dec 29, 2017.

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hanamaher@malaysiandigest.com (Hana) Business Mon, 22 Jan 2018 13:50:43 +0800
Amazon Opens A Supermarket With No Checkouts http://malaysiandigest.com/business/719335-amazon-opens-a-supermarket-with-no-checkouts.html http://malaysiandigest.com/business/719335-amazon-opens-a-supermarket-with-no-checkouts.html

Pic: Getty Images

In a move that could revolutionise the way we buy groceries, Amazon opens its first supermarket without checkouts - human or self-service - to shoppers on Monday.

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hanamaher@malaysiandigest.com (Hana) Business Mon, 22 Jan 2018 13:48:16 +0800
Axiata Invested US$200m In Fintech http://malaysiandigest.com/business/719306-axiata-invested-us-200m-in-fintech.html http://malaysiandigest.com/business/719306-axiata-invested-us-200m-in-fintech.html

KUALA LUMPUR: Axiata Group Bhd is in the process of building one of the largest fintech companies in Asia to include five micro services - payments, remittance, lending, savings, and insurance.

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hanamaher@malaysiandigest.com (Hana) Business Mon, 22 Jan 2018 10:37:34 +0800
Malaysia's Stats Dept Is World's First To Have Certified Data Scientists http://malaysiandigest.com/business/719305-malaysia-s-stats-dept-is-world-s-first-to-have-certified-data-scientists.html http://malaysiandigest.com/business/719305-malaysia-s-stats-dept-is-world-s-first-to-have-certified-data-scientists.html

Pic: NST (SAS Institute Sdn Bhd executive director operations Sheikh Manzoor Ghani (left), Malaysia’s chief statistician Datuk Seri Dr Mohd Uzir Mahidin and Malaysia Digital Economy Corp Sdn Bhd (MDEC) director of data economy Ir Dr Karl Ng announced Malaysia’s Statistics Department is the first of its agency in the world to have its staff certified as data scientists. They are now capable of leveraging on artificial inteligence and big data analytics to help goverment policy making.)

KUALA LUMPUR: Malaysia's Statistics Department has emerged as the world's first government agency to have its staff certified data scientists, thanks to collaboration with analytics expert SAS Institute Sdn Bhd.

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hanamaher@malaysiandigest.com (Hana) Business Mon, 22 Jan 2018 10:35:43 +0800
Halal Products Demand Grows On Expanding Muslim Population http://malaysiandigest.com/business/719255-halal-products-demand-grows-on-expanding-muslim-population.html http://malaysiandigest.com/business/719255-halal-products-demand-grows-on-expanding-muslim-population.html

KUALA LUMPUR -- Euromonitor International, a global market research company, shared the latest trends influencing the halal market as companies rush to benefit from a pool of untapped consumers.

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azzamsyafiq@malaysiandigest.com (Azzam ) Business Mon, 22 Jan 2018 06:43:18 +0800
Skyworld To Launch RM2 Bln GDV Projects This Year http://malaysiandigest.com/business/719254-skyworld-to-launch-rm2-bln-gdv-projects-this-year.html http://malaysiandigest.com/business/719254-skyworld-to-launch-rm2-bln-gdv-projects-this-year.html

KUALA LUMPUR: SkyWorld Development Group is set to launch projects with a gross development value (GDV) of RM2.0 billion this year, said Founder and Group Managing Director, Datuk Ng Thien Phing.

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syareenim@malaysiandigest.com (Syareen) Business Mon, 22 Jan 2018 06:22:47 +0800
Oil Rises As Saudi Arabia Says Producers Will Cooperate Beyond 2018 http://malaysiandigest.com/business/719248-oil-rises-as-saudi-arabia-says-producers-will-cooperate-beyond-2018.html http://malaysiandigest.com/business/719248-oil-rises-as-saudi-arabia-says-producers-will-cooperate-beyond-2018.html

Pic: Reuters

SINGAPORE: Oil prices climbed on Monday, pushed higher by comments from Saudi Arabia that cooperation between oil producers who are currently withholding supplies would continue beyond 2018.

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syareenim@malaysiandigest.com (Syareen) Business Mon, 22 Jan 2018 06:00:30 +0800
Petronas: LNG Cargo Deliveries Not Affected By Pipeline Leakage http://malaysiandigest.com/business/719233-petronas-lng-cargo-deliveries-not-affected-by-pipeline-leakage.html http://malaysiandigest.com/business/719233-petronas-lng-cargo-deliveries-not-affected-by-pipeline-leakage.html

KUALA LUMPUR – Petronas has confirmed that its liquefied natural gas (LNG) cargo deliveries are not affected by the gas leak incident at Sabah-Sarawak Gas Pipeline (SSGP) located in Long Luping, Lawas, Sarawak on January 10.

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azzamsyafiq@malaysiandigest.com (Azzam ) Business Mon, 22 Jan 2018 04:55:56 +0800
SC: Only 7 Companies Left With All-Male Boards http://malaysiandigest.com/business/719211-sc-only-7-companies-left-with-all-male-boards.html http://malaysiandigest.com/business/719211-sc-only-7-companies-left-with-all-male-boards.html

KUALA LUMPUR: The Securities Commission (SC) announced, as at Jan 17, 2018, there are only seven companies with all-male boards out of 100 top companies, a 65 per cent improvement from 20 companies as at Dec 31, 2016.

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syafiqsyazwan@malaysiandigest.com (Syafiq) Business Mon, 22 Jan 2018 03:04:42 +0800
Malaysia Airlines Needs To Tap Pilgrim Market 'Fast' — CEO http://malaysiandigest.com/business/719210-malaysia-airlines-needs-to-tap-pilgrim-market-fast-ceo.html http://malaysiandigest.com/business/719210-malaysia-airlines-needs-to-tap-pilgrim-market-fast-ceo.html

LONDON: Malaysia Airlines Bhd’s Airbus SE A380s are flying full on trial services taking Muslim pilgrims to Saudi Arabia, prompting the carrier to say it will establish the operation as a new division as early as the end of this year.

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syafiqsyazwan@malaysiandigest.com (Syafiq) Business Mon, 22 Jan 2018 02:58:21 +0800