An MTC programme to nurture future leaders in the timber industry
KUALA LUMPUR, Oct 26 (Bernama) -- YB Dato’ Sri Dr Wee Jeck Seng, Deputy Minister of Plantation Industries and Commodities, today launched the Young Entrepreneur Society (YES) programme in conjunction with the #KeluargaMalaysia: Minggu Agrikomoditi 2021@ MyKomoditi 2021, an online programme organised by the Ministry of Plantation Industries and Commodities (MPIC). Initiated by the Malaysian Timber Council (MTC), this YES programme is specially tailored to founders and successors of family-owned businesses to prepare for eventual succession in their family businesses. This is part of MTC’s efforts to nurture competent, knowledgeable, and successful leaders in the business management aspects in the timber industry. Said MTC CEO, Tuan Muhtar Suhaili, “There is no silver bullet to ensure a smooth transition but with careful and measured approaches, business succession planning is within the control of all businesses, regardless of size. For this programme, MTC has partnered with Vistage Malaysia by sponsoring 70% of the total training fee for both founders and successors.” Participants in this programme will meet once a month to exchange experiences, ideas, opinions, challenges and opportunities with the aim of providing each other with direct and honest feedback on vital management issues. The valuable insights received from these sessions will help them make the right major decisions, thus reducing much of the risks and uncertainties, he added. The YES programme commenced in June 2021 and to date, seven Founders and 23 Successors from the various sectors of the timber industry have participated in the programme. Through the interactive My Vistage platform, they could gain access to a global community of more than 23,000 members for best practices and benchmarking measures. As the third largest commodity sector after oil palm and rubber, the timber industry has become one of the main contributors to the country’s export revenue. Exports of timber and timber products have increased by 9.8% to RM12.9 billion in the first seven months of this year compared to the corresponding period in 2020. This shows that despite the challenges brought about by the COVID-19 pandemic, the timber industry remains resilient. In order to maintain such a performance, one of the things that should be emphasised is the aspect of business survival. Please click on the link below for picture of MTC CEO Tuan Muhtar Suhaili: http://mtc.com.my/i/corporate-mt-CEO.jpg About the Malaysian Timber Council The Malaysian Timber Council (MTC) was established in January 1992 to promote the development and growth of the Malaysian timber industry globally. MTC's main objectives are to promote the Malaysian timber trade and develop the market for timber products globally, to promote the development of the industry by upgrading the industry's manufacturing technology base, to augment the supply of raw materials, to provide information services and to protect and improve the Malaysian timber industry's global image. Further information on the Council’s activities can be obtained from www.mtc.com.my. Issued by the Malaysian Timber Council Source: Malaysian Timber Council FOR MORE INFORMATION, PLEASE CONTACT: Name: Noraihan Abdul Rahman Corporate Communications Division Tel: 03-92811999 Email : [email protected] --BERNAMA
0 Comments
Newly developed lead frame (Photo: Business Wire) - Verified the highest MSL 1 (≤30°C/85% RH unlimited) ranking - TOKYO, Oct 28 (Bernama-BUSINESS WIRE) -- Dai Nippon Printing Co., Ltd. (DNP, TOKYO: 7912) has developed a highly reliable manufacturing technology that configures a high definition silver plated area for lead frames that fix semiconductor chips and connects them externally. In addition, the new technology improves adhesiveness with a surface roughening technology of the highest industry standard that seals the copper surface to the mold compound. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211027005428/en/ By providing this high definition, highly reliable lead frame we aim to expand the use of semiconductor Quad Flat Non-leaded package (QFN) for vehicles. DNP Developed Lead Frame Features DNP has taken advantage of our microfabrication technology developed over many years to successfully achieve the configuration of lead frame silver plated area of ±25um. It has also been possible to maintain high level reliability by improving the adhesion of the mold compound and the lead frame. The Joint Electron Device Engineering Council (JEDEC) has established Moisture Sensitivity Levels (MSL) with the objective of preventing a variety of phenomena from volume expansion due to the absorption and vaporization of air-borne moisture in the mold compound. And DNP is pleased to announce that our newly developed product has been verified the highest MSL 1 ranking. Going Forward DNP will propose the newly developed high definition, highly reliable lead frame to post-processing manufacturers and expand this business. We will also strengthen our facilities to meet increasing demand, and plan to double our production capacity by FY 2023 compared to FY 2020. About DNP Since 1876, DNP is the worldwide leader in printing solutions and connects individuals and society, and provides new value. As a reliable partner DNP capitalizes on core competencies in microfabrication and precision coating technology to provide products for the display, electronic device and optical film markets, holding global top market share in Optical Film for displays and Photomask for semiconductors. We bring the next-generation communication solutions such as Vapor Chamber and Reflect Array to support a comfortable information society. View source version on businesswire.com: https://www.businesswire.com/news/home/20211027005428/en/ Contact Media contact: Yusuke Kitagawa, IR and Public Relations Division +81-3-6735-0101 [email protected] Source : Dai Nippon Printing Co., Ltd KUALA LUMPUR, Oct 26 -- Crocus Technology Inc, the leading supplier of disruptive Tunnel Magneto-Resistance XtremeSense® sensors, has announced the CT425, CT426, CT427 and CT428 isolated current sensors with less than one per cent total error over the full operating temperature range without sacrificing accuracy or bandwidth.
According to a statement, the high-speed operation and accurate output allow customers to optimise system design for smaller size and higher efficiency. “The expansion of this product family brings more options to our customers to experience the high precision performance of our XtremeSense TMR products in more demanding applications,” said President and Chief Executive Officer of Crocus Technology, Zack Deiri. The CT42x with less than 300 ns response time greatly simplifies the solution in EV Charging applications which are utilising GaN (Gallium Nitride) or SiC (Silicon Carbide) transistors to improve power density. Likewise, the CT42x offers improvements in terms of performance and size compared to the classic isolated current sense solutions which utilise a shunt resistor, amplifier, and digital isolator to sense the voltage and convert this signal into a current measurement. The CT42x directly senses the flow of current through the package avoiding errors in conversion and provides inherently faster and more accurate measurements. With industry leading response time of 300 ns, high power architectures like the CCM Totem-Pole PFC can provide higher power density solutions. Crocus’ proprietary TMR technology inherently offers a very high signal-to-noise ratio (SNR) which allows for high resolution measurements required for precision control or monitoring applications. More details at http://www.crocus-technology.com. -- BERNAMA KUALA LUMPUR, Oct 27 (Bernama) -- Wings Capital Partners LLC (Wings) has announced the purchase of three narrowbody commercial aircraft, adding two Boeing 737-800 aircraft and one Airbus A320-200 aircraft to its portfolio.
According to a statement, the aircraft are on lease to prominent United States and Europe airlines. “These purchases, along with our commitment to purchase two additional aircraft in the coming weeks, show Wings’ intention to continue to grow our portfolio with high quality assets,” said Nicolas P. Stable, Senior Vice President, Head of Aircraft Transactions. Wings is a private, full-service aircraft leasing platform primarily investing in single-aisle, in-production commercial jet aircraft on lease to airlines worldwide. Led by best-in-class management team with significant aviation leasing experience (33 years average for senior team) and long-standing airline, lessor, banking, investor, and legal relationships. Wings is owned by active investors, Corrum Capital Management, Sightway Capital, a Two Sigma Company, and the Wings Management Team. -- BERNAMA KUALA LUMPUR, Malaysia, Oct 27 (Bernama) -- In the past week, Zenly, a free mobile app that shows you a live map of your friends and family, jumped to the number 1 rank on the App Store in Malaysia, following viral success on TikTok. A new trend emerged where Zenly users showed screen recordings of loved ones moving on their map in real time, set to the song ‘Segala’ by Mohd Mentor (a song that recently came back into popularity thanks to TikTok). The trend showed how the app helps you look out for your loved ones and know what they are up to and ensure they are safe. The Zenly team confirmed that couples represent one of the top use cases for the app, alongside best friends, siblings, roommates, colleagues, who all use the app to know what their people are up to and spend more time with them. One of the original videos gained over 500,000 views, with the comments section attracting couples tagging each other to download the app together. The team at Zenly reported a 121% growth in active users in Malaysia following this trend. This isn’t the first time that they’ve seen the app skyrocket thanks to user-generated trends originating on TikTok. Videos mentioning the Zenly hashtag on TikTok have 128M accumulated views and the team at Zenly report seeing user-generated trends emerging almost every week in countries around the world. About Zenly Zenly is a start-up founded in Paris, France and counts 10s of millions of users around the world. Zenly is a top social app in countries such as Japan, Russia, Indonesia and France. Zenly is part of the Snap Inc. family, the same company that built Snapchat. Source: Zenly http://mrem.bernama.com/viewsm.php?idm=41383 AMSTERDAM, The Netherlands, Oct 27 (Bernama-GLOBE NEWSWIRE) -- The world’s leading provider of Global Internet, Cloud Access Optimization, SASE and SD-WAN services, Expereo, is proud to announce today that it has achieved 5G for Enterprise Branch Specialization from Cradlepoint, the global leader in cloud-delivered LTE and 5G wireless network edge solutions. The 5G for Enterprise Branch Specialization identifies and recognizes partner organizations that are leaders in positioning and selling Cradlepoint’s 5G for business solutions by meeting a series of sales, technical, and business proficiency criteria. By receiving the specialization, Expereo will support Cradlepoint’s efforts of selling the industry’s most comprehensive portfolio of 5G solutions to meet the business imperatives of availability, interoperability, security, and manageability. By leveraging Cradlepoint’s Netcloud solution, Expereo delivers portable network connections that can be used as primary, failover or underlay links. Having no physical transmission medium makes deployment easy with just a 4G/5G-enabled router and ready to use data SIM card(s) from Mobile Operators. This allows backup facilities or temporary offices to instantly connect to the internet and guarantees corporate network connection for when operations are disrupted as a result of disasters or contingency planning. Mobile Broadband can also be used to improve redundancy on SD-WAN and optimize application performance by adding more choice to the underlay, further diversifying current MPLS and Internet components within the SD-WAN environment. “Being recognized as a 5G Enterprise Branch specialization showcases Expereo’s commitment to using the best-of-breed technology as part of its service stack, as well as getting our customer path to 5G for business,” explains Catherine Lee, Director Service Development at Expereo. “Our customers get the most advanced mobile endpoint equipment there is, access to extra-mile support, and the assurance that the products and services we jointly provide with Cradlepoint will meet the needs enterprise network,” he continues. By combining its NetCloud platform with a clean-sheet-of-paper design for its new 5G modems and antenna systems, Cradlepoint is the first to deliver comprehensive 5G solutions for business. Specific capabilities include combining LTE, Gigabit-Class LTE, and 5G in a single wireless WAN; supporting all 5G spectrums, interoperating with existing customer SD-WAN and router infrastructures; and simplifying the entire network management lifecycle. “Cradlepoint is committed to leading the evolution of Wireless WAN and 5G and is both the first and best choice for customers in this space,” said Eric Purcell, senior vice president of global partner sales at Cradlepoint. “Our reseller, service provider, and technology partners play a crucial role in this mission. The addition of Expereo to our 5G for Enterprise Branch Specialization program is another important step in leading the path to 5G for business.” About Expereo Expereo is the leading provider of managed network solutions, including Global internet connectivity, SD-WAN, SASE, and Cloud Access Optimization services. Expereo is the trusted partner of 30% of Fortune 500 companies and powers enterprise and government sites worldwide, helping to enhance every business' productivity with flexible and optimal Internet performance. In Feb 2021, Vitruvian Partners international growth capital and buyout firm, acquired a majority stake holding in Expereo, alongside to the leading European private equity firm Apax Partners sas, and company management. About Cradlepoint Cradlepoint is a global leader in cloud-delivered LTE and 5G wireless network edge solutions for branch, mobile, and IoT networks. Cradlepoint NetCloud, the personification of the company’s Elastic Edge vision, is a subscription-based service with purpose-built endpoints that delivers a pervasive, secure, and software-defined Wireless WAN edge to connect people, places, and things over LTE and 5G cellular networks. More than 22,000 businesses and government agencies around the world rely on Cradlepoint to keep critical sites, points of commerce, field forces, vehicles, and IoT devices always connected and protected, including 75% of the world’s top retailers, 50% of the Fortune 100, and first responder agencies in 25 of the largest US cities. Major service providers use Cradlepoint solutions as the foundation for innovative managed services. Founded in 2006, Cradlepoint is a privately held company headquartered in Boise, Idaho, with a development center in Silicon Valley and international offices in the UK and Australia. Contact: Conor McGee [email protected] SOURCE : Expereo KUALA LUMPUR, Oct 26 (Bernama) -- Unique Network, a next generation NFT chain for Polkadot and Kusama, has announced raising US$11.3 million in the second round of its pre-sale, bringing its total raised to US$16 million. (US$1 = RM4.150)
The investment round was led by Web3 investment pioneers Outlier Ventures, who were joined by some of the most well-known NFT investors. The investors included The LAO, Flamingo, Nalu Capital and over 200 other investors, including a number of follow-on investments from its previous funding round, especially with the quality and quantity of investors involved, positioning Unique Network well for the upcoming launch of Quartz, its NFT chain for Kusama. “Despite all the current buzz around NFTs, there is still a massive barrier to entry,” said Unique Network co-founder and CEO Alexander Mitrovich in a statement. “Gas fees, the need to purchase cryptocurrencies, storage, and even the fact that NFTs have limited features for artists to express their vision, all hold the industry back. “Unique Network and our Kusama chain, Quartz, are built to solve the economic and storage problems with Ethereum-based NFTs and create new levels of interaction and malleability that will take NFTs to the next level.” Unique Network will participate in the upcoming parachain auctions for Kusama, during which they aim to secure a parachain slot for Quartz, their new canary network for Kusama. Beginning Oct 27, interested parties can participate in the crowdloan to help Quartz win the auction. In the five months since its first investment round, Unique Network has announced various partnerships including with the UN-led DigitalArt4Climate Campaign with GloCha, RMRK, Art Curators Grid, Forever Has Fallen, and more. With the impending launch of Quartz, Unique Network will be able to help even more projects and artists develop their NFT marketplaces and experiences. -- BERNAMA KUALA LUMPUR, Oct 25 -- EIG, a leading institutional investor to the global energy and infrastructure sectors, has entered into a definitive agreement under which it will acquire a 10 per cent interest in Australia Pacific LNG Pty Limited (APLNG or the Project) from Origin Energy Limited (Origin) for an equity purchase price of US$1.592 billion. (US$1 = RM4.150)
This innovative agreement represents the first ever acquisition of an interest in an operational integrated LNG project by a private equity sponsor, according to a statement. Chairman and Chief Executive Officer of EIG, R. Blair Thomas said: “This is a groundbreaking transaction that reflects our strong confidence in the asset, our partners, and the importance of LNG as a critical enabler of the energy transition.” A tier-one, integrated LNG project with an established liquefaction facility, APLNG is the largest LNG project by liquefaction capacity on Australia’s eastern seaboard and a major supplier of LNG to Asia and gas to Australia’s domestic market. The Project, which is located in Gladstone, Queensland, operates at globally competitive breakeven costs and is well positioned to meet growing LNG demand in the Asia-Pacific region. The Project is operated by ConocoPhillips (downstream operator) and Origin Energy (upstream operator) and maintains long-dated LNG contracts with two investment grade counterparties, Sinopec and Kansai Electric. Over the last 15 years, EIG has invested in nine separate LNG projects located in six countries, and this acquisition represents a continuation of its strategy to gain exposure to high-quality LNG assets. The acquisition also builds on EIG’s investment presence in Australia and provides EIG with a platform for future growth in global LNG. As part of the transaction, EIG will have the right to nominate one member to APLNG’s Board of Directors and will maintain customary shareholder rights and protections. The transaction has received approval from the Australian Foreign Investment Review Board and is subject to the waiving of pre-emptive rights by ConocoPhillips and Sinopec, as well as other customary completion conditions. More details at www.eigpartners.com. -- BERNAMA Publicity Department of Hainan Party Committee
HAIKOU, China, October 26, 2021 /Xinhua-AsiaNet/-- October 24th, aiming to recruit talents from over 1000 higher education institutions, students and scholars associations, social groups, and organizations, in China and abroad, the highest annual pay for the first batch of over 36,000 positions that have been released is more than $350,000, according to Publicity Department of Hainan Party Committee. Zhang Jinan, Head of the Ministry of Human Resources and Social Security of China, says that the 2021 Hainan Free Trade Port Worldwide Talent Attraction Program, co-hosted by the Ministry of Human Resources and Social Security of China and the People's Government of Hainan Province, is to recruit talents of all fields from around the world to meet the urgent needs of Hainan Free Trade Port. The recruitment is from October 2021 to June 2022, focusing on pillar industries with Hainan characteristics, strategic and emerging industries, and high-tech and cutting-edge industries, especially the three major industries -- tourism, modern services industries, and high-tech industries. Since the Master Plan for the Construction of Hainan Free Trade Port was released and started to be implemented in 2020, the main economic indicators of Hainan Province, including GDP of Hainan, fixed assets investment, total retail sales of consumer goods, have witnessed rapid growth. Xu Qifang, Head of the Organization Department of Hainan Party Committee, says that Hainan has introduced 260,000 talents since June 2020, a year-on-year increase of 391% compared with that before the release of the Master Plan. Xu Qifang adds that Hainan has issued a series of favorable policies in taxation, household registration, house purchase, car purchase, schooling support for children, and heathcare since 2018 to attract talents. To facilitate overseas talents to work in Hainan, Hainan has made 38 types of professional qualification examinations available to overseas talents including registered architect qualification and licensed pharmacist qualifcation, and has recognized 219 professional qualifications acquired overseas. Regarding taxation, the high-end talents and talents urgently needed in Hainan work in Hainan will only be taxed at a rate up to 15% for their actual tax burden of the individual income tax, if their actual tax rate is higher than 15%. In terms of healthcare, Hainan spends 3,000 to 10,000 yuan to purchase commercial health insurance for groups for every high-end talent working full time in Hainan. In addition, Hainan implements many attractive talents-related programs. Those teams rated as "Hainan Excellent Talents Teams" will be granted 10 to 30 million yuan as the construction fund. Shen Xiaoming, Secretary of Hainan Provincial Party Committee, says that it is now a critical period when Hainan is deepening the program and operating up in all-round way and constructing the free trade port. Hainan has a favorable environment for talents and looks forward to embracing talents from all over the world to make the best use of their talents. Source: Publicity Department of Hainan Party Committee. Image Attachments Links: Link: http://asianetnews.net/view-attachment?attach-id=405141 Caption: Publicity Department of Hainan Party Committee SHARJAH, United Arab Emirates, Oct 22 (Bernama-BUSINESS WIRE) -- The Hamriyah Free Zone Authority (HFZA) has added another industry leader to its investors base after ArcelorMittal Projects, part of the ArcelorMittal Group, the world’s leading Steel and Mining company, recently acquired the assets of a Pipe & Coating Mill located at Hamriyah Free Zone and leased 1.38 million square feet of Industrial land. The announcement was made during the signing of a memorandum of understanding (MoU) by HE Saud Salim Al Mazrouei, Director of Hamriyah Free Zone Authority, and Johannes De Schrijver, CEO of ArcelorMittal Projects. According to the agreement, the company shall provide complete, customized, and sustainable steel solutions and services via three specialized and project-related business lines: Foundation Solutions, Solar Projects, and Energy Projects (Anti-corrosion coating solutions), in addition to (Water Transmission Pipeline), Infrastructure (Sleeves, Construction). mrem.bernama.com/viewsm.php?idm=41348 |
Archives
April 2023
Categories |