(IN BRIEF) Allianz Global Investors has agreed to acquire UOB Asset Management, the asset management arm of Singapore-based UOB Group, in a transaction aimed at accelerating AllianzGI’s growth across Asia Pacific. The deal includes a long-term strategic distribution agreement with … Read the full press release
Posted in Banks, Business, Financial, Germany, Investment, Management
Tagged 2027 completion, 400 regional branches, 8 million clients, active asset management, Allianz Global Investors, Allianz Global Investors and UOB Group Agree Strategic Asset Management Partnership, Allianz Global Investors Deepens Regional Investment Capabilities With UOBAM Agreement, AllianzGI, AllianzGI Singapore, AllianzGI to Expand Singapore and South-East Asia Presence Through UOBAM Deal, ASEAN, Asia Pacific, asset management, assets under management, Brunei, capital markets, client experience, distribution partnership, equity strategies, EUR 170 billion Asia Pacific client assets, EUR 28 billion UOBAM assets under management, EUR 376 million purchase price, global investment products, high-growth markets, Indonesia, investment management, investment platform, Investment Products, Japan, licensed presence, Malaysia, Munich, regional equity strategies, regulatory approvals, retail client network, retirement solutions, SGD 555 million purchase price, Shareholder Value, Sharia-compliant offerings, Singapore, Singapore asset management market, single-country equity strategies, South-East Asia, South-East Asian investment expertise, strategic distribution agreement, Taiwan, THAILAND, Tobias Pross, UOB, UOB Asset Management, UOB customers, UOB Group, UOBAM, Vietnam, wealth advisory, wealth solutions, Wee Ee Cheong
(IN BRIEF) ABL has secured an agreement with Oil Search (PNG) Limited, a subsidiary of Santos Ltd, to provide marine warranty survey services for a new floating storage and offloading facility offshore Papua New Guinea. The FSO will be deployed … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Security & Safety, Transportation & Logistics, United Kingdom
Tagged ABL, ABL Secures Key Role in Kumul Marine Terminal FSO Installation Project, ABL Supports Santos Subsidiary on Landmark Offshore Storage Project in Papua New Guinea, ABL to Oversee Marine Operations for Kutubu Pipeline System FSO Development, Aqualis ASA, associated gas, Australia, Batam, coated pipe, condensate, crude oil, energy consultancy, flexible riser, floating storage and offloading facility, FSO, FSO mooring, INDIA, Indonesia, Kumul Marine Terminal, Kutubu Pipeline System, liquid hydrocarbons, Malaysia, marine operations, Marine Warranty Survey, MWS, Newcastle, offshore installation, offshore Papua New Guinea, oil and gas, Oil Search PNG Limited, pipe load-out, pipelaying, pipeline-end manifolds, pipelines, PLEM, PNG LNG Project, PNG Oilfields Projects, riser pull-in, risk mitigation, Santos Ltd, Singapore, spools, subsea infrastructure, Sujith Mathew, Tim Field Dodgson, United Kingdom
(IN BRIEF) GKN Aerospace has secured a series of long-term repair agreements with Pratt & Whitney, an RTX business, covering more than 20 component types across the global GTF™ engine family. The agreements will run for the next five to … Read the full press release
Posted in Aviation & Aerospace, Business, Electronics & Machinery, Industrial, Sweden, Technology, United Kingdom
Tagged additive manufacturing, additive repair, advanced manufacturing, aerospace repair network, composite fan blades, DED, digital technologies, Directed Energy Deposition, EGV stators, engine cases, engine structures, Engine Systems, Exit Guide Vane stators, Farnborough Air Show, fleet availability, Gerald Coste, GKN Aerospace, GKN Aerospace Expands Global MRO Role for Pratt & Whitney GTF Engines, GKN Aerospace Wins Long-Term GTF Repair Work Covering More Than 20 Component Types, GTF engine components, GTF Engines, high-fidelity repair, Johor, lifecycle costs, maintenance repair and overhaul, Malaysia, MRO, Pratt & Whitney, Pratt & Whitney Awards GKN Aerospace Multi-Year GTF Engine Component Repair Contracts, PW1500G, PW1900G, repair solutions, rotating parts, RTX, San Diego, stator assembly repairs, sustainable repair alternatives, Sweden, thermal coatings, Trollhättan, ultrasonic shot peening, United States
(IN BRIEF) TotalEnergies has agreed to divest its 85% interest in Block 2E offshore Malaysia to INPEX for $350 million, representing a net 8.5% interest in the Marjoram gas field currently under development. The transaction allows TotalEnergies to realise the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, France, Infrastructure & Utilities, Investment
Tagged $350 million transaction, Asset Divestment, Block 2E, carbon dioxide storage, CO₂ storage, exploration and production, gas development, gas production, INPEX, INPEX to Acquire TotalEnergies’ Block 2E Interest Offshore Malaysia for $350 Million, Jerun field, low-cost energy, lower-emission projects, Malay Basin, Malaysia, Marjoram gas field, Masdar, Mitsui, natural gas, Nicolas Terraz, non-operated interest, offshore Malaysia, PETRONAS, portfolio management, renewable energy, Sabah, SapuraOMV Upstream, Sarawak, Southeast Asia, TotalEnergies, TotalEnergies Refocuses Malaysia Portfolio Through Marjoram Gas Project Divestment
(IN BRIEF) Rainbow Pellet Sdn Bhd has started commercial operations at what it describes as the world’s first Steam-Ex pellet plant for empty fruit bunches in Kuala Lipis, Malaysia. The facility uses ANDRITZ steam explosion pretreatment technology, automation and integration … Read the full press release
Posted in Agriculture, Austria, Business, Energy, Gas & Oil, Environment, Industrial, Technology
Tagged advanced solid biofuels, agricultural residues, Andritz, automation, bio-based materials, bioenergy, biomass feedstocks, biomass pellets, Biomass processing, coal replacement, empty fruit bunches, forest plantations, industrial energy, Kuala Lipis, Malaysia, Maximilian Lehr, New Malaysia Plant Converts Empty Fruit Bunches Into Advanced Industrial Biofuels, oil palm residues, Paul Wong, pellet plant, plant integration, pretreatment equipment, Rainbow Pellet, Rainbow Pellet Advances Commercial Use of Oil Palm Residues Through Steam Explosion Technology, Rainbow Pellet Sdn Bhd, Rainbow Pellet Starts Commercial Steam-Ex Plant for Empty Fruit Bunch Biofuel Production, renewable energy, renewable fuels, start-up services, steam explosion technology, Steam-Ex, Steam-Ex Pellet Facility Opens New Route for Higher-Value Biomass Fuel Production, sustainable resource utilisation
(IN BRIEF) Nokia has been selected by Symphony Communication Public Company Limited to upgrade the Malaysia-Cambodia-Thailand subsea cable system with Nokia’s Submarine Line Terminal Equipment and sixth-generation PSE-6 coherent optics. The modernised network will enable up to 30 Tbps of … Read the full press release
Posted in Artificial Intelligence (AI), Business, Energy, Gas & Oil, Environment, Infrastructure & Utilities, International Trade, Internet & Online, Sweden, Technology, Telecom
Tagged 30 Tbps per fibre pair, 5nm DSP technology, AI connectivity, AI inference, Ajay Sharma, Alex Loh, automation platform, carbon footprint, Cloud and Enterprise Digital Services, cloud bursting, cloud connectivity, coherent optics, cross-domain automation, data centres, digital infrastructure, Eastern Economic Corridor, EEC, high-capacity connectivity, hyperscalers, intelligent signal optimisation, low-latency connectivity, Malaysia, Malaysia-Cambodia-Thailand cable system, MCT subsea cable, mission-critical enterprise applications, multilayer network visibility, network resilience, network sustainability, Nokia, Nokia Modernises Symphony’s MCT Subsea Network with PSE-6 Optics to Deliver 30 Tbps per Fibre Pair, Nokia PSE-6 Coherent Optics to Cut Power Consumption and Triple Capacity on Symphony’s MCT Network, Nokia Upgrade to Boost MCT Cable Capacity and Support AI, Optical Network, OTT players, Photonic Service Engines, power consumption reduction, PSE-6, Rayong, regional connectivity corridor, Singapore, SLTE, Southeast Asia, sovereign connectivity, Submarine Line Terminal Equipment, subsea network, symphony, Symphony Communication Public Company Limited, THAILAND, WaveSuite
(IN BRIEF) ZEISS photographers are supporting vivo and UNESCO’s global Capture the Future initiative, a youth-focused visual storytelling programme created in partnership with the UNESCO Man and the Biosphere Programme. The initiative uses UNESCO’s academic and environmental networks to host … Read the full press release
Posted in Art & Culture, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, Marketing, Media, Technology
Tagged biodiversity, Biodiversity and Sustainability, Capture the Future, conservation, Corporate Social Responsibility, creative storytelling, CSR, Delta del Po Biosphere Reserve, Environmental Awareness, environmental initiatives, Francesco Gola, global youth engagement, imaging technology, Italy, Key Opinion Leaders, KOLs, Malaysia, mobile imaging, mobile photography, mobile storytelling, nature photography, optics expertise, Penang Hill Biosphere Reserve, People and Nature, smartphone photography, Solli Kanani, Solmaz Kanani Bahri, sustainability, sustainable development, sustainable livelihoods, UNESCO, UNESCO MAB, UNESCO MAB Global Youth Forum, UNESCO Man and Biosphere Programme, University of Milan, Urasha Jakkachaphol, visual storytelling, vivo, vivo and UNESCO Strengthen Youth Visual Storytelling Around Nature, vivo V70, vivo ZEISS Partnership Supports UNESCO Youth Programme Focused on Mobile Photography and Sustainable Storytelling, young participants, youth creators, ZEISS, ZEISS ambassadors, ZEISS photographers, ZEISS Photographers Bring Imaging Expertise to vivo and UNESCO Capture the Future Workshops Worldwide, ZEISS Photographers Support vivo and UNESCO Global Initiative to Empower Youth Storytelling Through Mobile Imaging, ZEISS Photographers Support vivo and UNESCO’s Global Capture the Future Initiative to Empower Youth Visual Storytelling, ZEISS Photonics and Optics
(IN BRIEF) Thales has announced a major expansion of its tactical communications capabilities for the Malaysian Armed Forces, including the establishment of a local assembly line for SYNAPS software-defined radios in Johor, the supply of more than 100 advanced radios … Read the full press release
Posted in Aviation & Aerospace, Defence, France, Government, Industrial, News, Security & Safety, Technology, Telecom
Tagged ADS, Advanced Defence Systems, AV4 programme, battlefield management systems, Defence Technology, Florian Riou, Johor, Malaysia, Malaysian Armed Forces, military modernization, Royal Malaysian Air Force, Segamat, software defined radio, SYNAPS radios, tactical communications, Thales, Thales Advances Malaysia Defence Modernisation with New Radio Assembly Line and Multi Domain Communication Solutions, Weststar
(IN BRIEF) The text argues that Pakistan has developed a systematic model of managing, rather than dismantling, extremist networks by providing tolerance, political cover, and indirect state support that allow violence-linked organizations to remain operational while avoiding international accountability. It … Read the full press release
Posted in Economy, European Union, Government, International Trade, Law, Politics
Tagged Abdullah Öcalan, Al-Qaeda ideology, Balochistan, CHINA, counterterrorism policy, Daura-e-Tarbiyah, defense cooperation, European Union, extremism, FATF, Financial Action Task Force, Garhi Habibullah, Hafiz Talha Saeed, ideological indoctrination, Indo-Pacific stability, Indonesia, international accountability, international sanctions, Iran, irregular migration, Jaish-e-Mohammad, Jamiat Ulema-e-Islam, JeM, Karachi, Lashkar-e-Taiba, LeT, Malaysia, Markaz Syedna Bilal, Masood Ilyas Kashmiri, Muzaffarabad, normalization of violence, Osama bin Laden, Pakistan, Pakistan Markazi Muslim League, Pakistan-administered Kashmir, PMML, political fronts, public rallies, Quetta, radicalization networks, regional security, Saudi Arabia, Sindh Police, state patronage, state tolerance, terrorist networks, trade corridors, Turkey, United States
(IN BRIEF) Nokia has partnered with Extreme Broadband (EBB) and its subsidiary Open DC to upgrade six AI data centers in Malaysia using its Data Center Gateway, Data Center Fabric, and quantum-safe networking technologies. The deployment will enhance network performance, … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, Marketing, News, Technology, Telecom
Tagged 7220 Interconnect Router, 7250 Interconnect Router, AI data centers, banking and finance, Data Center Fabric, Data Center Gateway, DDoS mitigation, digital infrastructure, EBB, enterprise connectivity, Extreme Broadband, Kent Wong, Malaysia, Multi-Cloud Connectivity, MYDIGITAL, National Cloud Computing Policy, Nokia, Open DC, partnership, quantum-safe networks, Wong Weng Yew
(IN BRIEF) Metso has received an order from Fortress Minerals to supply energy-efficient minerals processing equipment for the Bukit Besi iron ore and Mengapur copper projects in Malaysia. The delivery includes two HRC™ High Pressure Grinding Rolls, a Vertimill®, a … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Investment, Management, Marketing, Metals and Minerals, News, Technology
Tagged Asia Pacific mining, Bukit Besi, comminution solutions, copper, energy-efficient grinding, Fortress Minerals, HRC HPGR, iron ore, Kai Rönnberg, Malaysia, Mengapur, Metso, Metso Plus portfolio, MHC hydrocyclones, minerals processing, Ng Mun Fey, partnership, Stirred Media Detritor, sustainability, sustainable mining, TankCell flotation cells, Vertimill
(IN BRIEF) Prudential plc and its Prudence Foundation have partnered with Intellect to launch Talk It Out, a free mental health programme for underserved groups in Malaysia and Vietnam. Through the Intellect app—available in six local languages—users access self-help modules, … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Healthcare, Industrial, Investment, Management, Marketing, News, Non Profit, Technology, United Kingdom
Tagged 24/7 helpline, Arjan Toor, at-risk youth, CCLA Corporate Mental Health Benchmark, clinical psychologists, counsellors, Diana Guzman, digital mental health, displaced communities, Intellect, live consultations, low-income families, Malaysia, mental health literacy, mental health support, partnership, peace of mind, Prudence Foundation, Prudential plc, resilience, self-guided programmes, Southeast Asia, Talk It Out, Theodoric Chew, treatment gap, Vietnam
(IN BRIEF) The Environmental Investigation Agency (EIA) commends Malaysia’s July 1 enforcement of stricter import rules under the Customs (Prohibition of Imports) (Amendment) Order 2025, limiting plastic-waste imports to Basel Convention parties, raising contamination limits, and requiring pre-shipment inspections. The … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Law, Management, Marketing, News, Non Profit, Politics, Technology, United Kingdom
Tagged Amy Youngman, Basel Convention, contamination thresholds, Customs Prohibition of Imports Amendment Order 2025, domestic recycling infrastructure, EIA’s The Truth Behind Trash, EU export ban, Global Plastics Treaty, HS code 3915, Indonesia, Lauren Weir, Malaysia, National Sword policy, partnership, plastic-waste imports, pre-shipment inspection, Royal Malaysian Customs, SIRIM Berhad, sustainability, UK plastic exports, US plastic exports, waste colonialism
(IN BRIEF) Standard Chartered and ALTIOS have entered into a partnership to help SMEs set up and grow their overseas operations in Hong Kong, India, Mainland China, Malaysia, Singapore, and Vietnam. ALTIOS will provide market-entry strategies, incorporation services, partner and … Read the full press release
Posted in Banks, Business, Financial, Management, Small Business, United Kingdom
Tagged ALTIOS, Asia markets, Bruno Mascart, Clarissa Tee, company incorporation, cross-border advisory, distributor search, global network, Hong Kong, INDIA, international growth, Mainland China, Malaysia, market entry, operational support, Singapore, small and mid-cap companies, SME Banking, SME expansion, Standard Chartered, Vietnam, Xie Wen
(IN BRIEF) The 13th UBS OneASEAN Summit in Singapore brought together over 900 investors and policymakers to examine the evolving investment opportunities in Southeast Asia. UBS highlighted the region’s economic growth, particularly in sectors like Healthcare and Digital Infrastructure, driven … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, Media, News, Switzerland, Technology
Tagged ASEAN, ASEAN+3 Macroeconomic Research Office, Bambang Widianto., Brookings Institution, data centers, digital infrastructure, Dr. Axel Weber, foreign direct investment, Global Banking South-East Asia, global economic trends, government investments, Grace Lim, Healthcare, investment landscape, Johor-Singapore Special Economic Zone, Malaysia, Manufacturing, Marc Sumerlin, Nicolo Magni, OneASEAN Summit, PHILIPPINES, private consumption, Robin Brooks, S&P Global Ratings, Southeast Asia, THAILAND, Toshitaka Sekine, UBS, Vishrut Rana
(IN BRIEF) Arkema has achieved ISCC PLUS certification for its acrylic and liquid polyester resins production facility in Pasir Gudang, Malaysia, expanding its portfolio of bio-attributed materials. This certification is part of Arkema’s global Mass Balance initiative, aimed at offering … Read the full press release
Posted in Business, Chemicals, Environment, Financial, France, Government, Industrial, Investment, Management, News, Science, Technology
Tagged ACRM Coating Solutions Southeast Asia, adhesives, Arkema, Awards, bio-attributed resins, bio-based feedstock, biobased content, carbon footprint, coatings, Green mobility, high-solids resins, infrastructure efficiency, ISCC PLUS, leadership, living comfort, Malaysia, mass-balance, partnership, Pasir Gudang, polyester powders, renewable resources, specialty materials, sustainability, UV/LED/EB resins, waterborne resins, Yoon Hock CHONG
(IN BRIEF) Eni and PETRONAS have entered into an exclusive Memorandum of Understanding to establish a joint venture holding company focused on selected upstream assets in Malaysia and Indonesia. The partnership aims to drive growth in the region, targeting a … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Italy
Tagged energy transition, exploration, gas development, Indonesia, joint venture, LNG, Malaysia, PETRONAS, production, upstream assets
(IN BRIEF) Telenor Group has appointed Jon Omund Revhaug as Head of Telenor Asia and Sigvart Voss Eriksen as Head of Telenor Nordics, both of whom bring extensive telecommunications expertise to their new roles. Revhaug, a Telenor veteran with significant … Read the full press release
Posted in Business, Industrial, Infrastructure & Utilities, Management, News, Norway, Technology, Telecom
Tagged appointment, Bangladesh, Benedicte Schilbred Fasmer, CEO, Chief Communications Officer, customer-facing transformations, Cybersecurity, dtac, growth strategy, Jon Omund Revhaug, leadership, Malaysia, Omny, Operational Excellence, scaling operations, Sigvart Voss Eriksen, telecommunications expertise, Telenor Asia, Telenor Group, Telenor Myanmar, Telenor Nordics, Telenor's key markets, THAILAND, Thomas Midteide, TRUE
(IN BRIEF) Digital Nasional Berhad (DNB) and Ericsson have received the FutureNet Asia 2024 Award for their AI-powered intent-based operations (IBO) solution in Malaysia’s 5G network, recognized for advancing intelligent network management and resilience. This IBO solution leverages AI to … Read the full press release
Posted in Artificial Intelligence (AI), Awards, Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged 5G network, AI-Driven Solution, Award, David Hägerbro, Digital Nasional Berhad (DNB), efficiency, Ericsson, FutureNet Asia 2024 Award, Ken Tan, leadership, Malaysia, resilience
(IN BRIEF) Nokia has partnered with TM (Telekom Malaysia) to enhance its international optical network using advanced DWDM technology. This upgrade will support the growing demand for high-speed, low-latency connectivity driven by hyperscalers and cloud-based services. The new network will … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom
Tagged AI, DWDM technology, Hyperscaler Connectivity, John Harrington, Malaysia, Nokia, Optical Network, partnership, sustaianbaility, TM (Telekom Malaysia)
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