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Day: July 25, 2024

MEDIDATA AI-ENHANCED SOLUTION TO FAST-TRACK EISAI’S DATA REVIEW, RECONCILIATION BY 80 PCT

KUALA LUMPUR, Medidata has been selected by Eisai Inc (Eisai), the United States (US) pharmaceutical subsidiary of Tokyo-based Eisai Co Ltd, as one of the first customers to harness its recently announced artificial intelligence (AI)-driven Medidata Clinical Data Studio. Eisai will leverage this innovative data experience to gain unprecedented control over its clinical data, enable the execution of scalable and complex clinical trials, and enhance patient experience, according to Medidata in a statement. ‘Through Clinical Data Studio, Eisai is enabling healthcare stakeholders to overcome the complexities of modern clinical trials and foster collaboration on cleaner, more actionable data. ‘By delivering

AEON SIGNS FIRST COLLECTIVE AGREEMENT WITH WORKERS’ UNION

SHAH ALAM, AEON Co. (M) Bhd (AEON) today signed its first Collective Agreement with the AEON Workers’ Union, ensuring the welfare of over 10,000 employees within the retail and supermarket chain. Human Resources Minister Steven Sim Chee Keong witnessed the signing of this landmark agreement, which was signed by AEON deputy managing director Tsugutoshi Seko, Human Resources chief officer Dr Kasuma Satria Mat Jadi, AEON Workers’ Union president Hamidah Mohamad and its secretary-general Muhammad Fadhli Muhammad Zamsuri. Also present were AEON managing director Naoya Okada and UNI Malaysia Liaison Council (UNI MLC) president Datuk Mohamed Shafie BP Mammal. Under this

GOVT COMMITTED TO REDUCING NATIONAL DEBT, FISCAL DEFICIT — PM ANWAR

KUALA LUMPUR, Prime Minister Datuk Seri Anwar Ibrahim has refuted claims that the monetary, fiscal and budget policies have not been successful in achieving the government’s promise of debt and fiscal deficit reduction. He stressed that the government is committed to lowering the national debt, which is currently being done. Anwar said there has been some hue and cry in the past few weeks suggesting that the government was not telling the truth and has reneged on its promise. ‘We have been attacked on social media, but the information given is false,’ he said in a video posted on the

AFFIN BANK INKS MOU TO BOLSTER SME GROWTH IN SARAWAK

KUCHING, Affin Bank Bhd has inked a memorandum of understanding (MoU) with three local industry players, namely Sarawak Digital Economy Corporation Bhd (SDEC), Dewan Usahawan Bumiputera Sarawak Kuching Branch and Chemsain Sustainability Sdn Bhd, to expand its footprint to boost small and medium enterprises (SMEs) in Sarawak. The collaboration with local industry players aims to foster digital transformation and sustainable growth in the region, said Affin Islamic Bank Bhd chief executive officer Datuk Syed Mashafuddin Syed Badarudin. ‘Through these collaborations, we aim to provide comprehensive support for SMEs in their digital transformation journey and facilitate access to a collaborative ecosystem,

NESTLE MALAYSIA PROFIT NEARLY HALVED TO RM93.6 MLN IN 2Q

KUALA LUMPUR, Nestle (Malaysia) Bhd’s net profit almost halved to RM93.60 million in the second quarter (2Q) ended June 30, 2024, from RM180.92 million a year ago due to lower sales and its conscious choices regarding pricing. The food and beverage manufacturer said that as Malaysian families coped with rising food prices and other basic items, it made efforts to moderate the translation of external cost increases to its final prices by absorbing part of the costs and actively mitigating cost pressure through various actions. Meanwhile, revenue for the quarter under review fell to RM1.52 billion from a historic high