Business

KUALA LUMPUR, Selangor remains focused on maintaining its performance as the country’s largest investment contributor by state through the organisation of the Selangor International Business Summit (SIBC 2024), said Selangor Menteri Besar Datuk Seri Amirudin Shari. For the first quarter, Selangor was in third place with an investment of RM12 billion, while for the whole of 2023, Selangor was in second place with an investment of RM55 billion “So the target this time is to maintain the large amount of investment and create significant economic opportunities for the people,” said Amirudin following the opening of the 8th SIBC at the

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

KUALA LUMPUR, The Malaysian Investment Development Authority (MIDA) and Invest Selangor Bhd (ISB) have co-hosted the MIDA Invest Series – Selangor: ‘Unfolding Its Business Potential’ to showcase Selangor’s investment landscape and opportunities. MIDA chief executive officer Sikh Shamsul Ibrahim Sikh Abdul Majid said the event, which attracted 200 participants, reflected MIDA’s commitment to engage with local investors and explore the vast opportunities available within Selangor. ‘This effort underscores MIDA’s pivotal role as a facilitator, connecting investors with promising opportunities and fostering a robust investment environment in Malaysia. ‘Following the success of the first Invest Selangor series in August 2019, we

KUALA LUMPUR, Kolmar BNH, a Korean health functional food Original Development Manufacturing (ODM) firm, has sped up its expansion efforts into the Southeast Asian and European markets with HemoHIM G, a product designed for the global arena. HemoHIM G (Global) is the international version of ‘HemoHIM’, Korea’s first individually-approved immune-boosting health supplement developed by Kolmar BNH over an eight-year period. According to Kolmar BNH in a statement, the formulation has been tailored to comply with the food regulations of various countries, with adjustments made to raw materials and ingredient ratios. The product features angelica sinensis, ligusticum chuanxiong, paeonia lactiflora, all

KUALA LUMPUR, Ahmad Zaki Resources Bhd’s wholly owned unit Ahmad Zaki Sdn Bhd has bagged a RM152 million contract from the Public Works Department (JKR). In a filing with Bursa Malaysia today, Ahmad Zaki Resources said under the letter of acceptance received on July 24, Ahmad Zaki Sdn Bhd will design and build the Port Dickson specialist hospital in Negeri Sembilan. “The contract duration of 156 weeks from Aug 6, 2024 and is expected to contribute positively to the group’s future earnings,” said the engineering and construction group. Source: BERNAMA News Agency