MalaysianUpdates

Year: 2023

  • EXPERIENCES DELIGHT WITH SUNSHINE BREAD’S NEW SIGNATURE CREAM ROOLS SERIES: BELGIAN CHOCOLATE AND CREAM CHEESE & HOKKAIDO MILK FLAVORS.

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    Sunshine Bread proudly announces the launch of its latest creation – the SIGNATURE cream roll series, featuring tantalizing flavors such as Belgian Chocolate and Cream Cheese & Hokkaido Milk. These options, enriched with calcium, provide a convenient and delectable on-the-go option that is simultaneously nutritious.

    The Belgian chocolate is freshly baked with high-quality chocolate from Belgium and is indulgent in every bite. The cream cheese and hokkaido milk, baked with cream cheese and premium hokkaido milk known for their distinctive rich, milky aroma and creamy taste, will satisfy every cheese and hokkaido milk lover out there. Both SIGNATURE Sunshine Cream Rolls are high in calcium, aiding in the development of strong bones and teeth, and added with wholemeal flour to provide a good source of protein, iron, fiber, vitamin B1, and B2. The Signature series cream rolls make for an excellent, healthier option for those who are constantly on-the-go.

    Sunshine Bread Sdn Bhd CEO, Mr Michael Chew, said, “Sunshine Bakeries has crafted our Signature Cream Roll series with our consumers’ interests in mind. Our Signature range of Belgian Chocolate, Cream Cheese, and Hokkaido Milk flavors is not only delicious and indulgent snacks; it is also always our commitment to fill the gap for healthier, more convenient, on-the-go cream roll options for our fans. It is our hope that our fans will enjoy these new flavor additions from Sunshine Bakeries, and they can indulge in the Signature Cream Roll series anytime and anywhere.”

    Sunshine Bakeries’ Signature cream roll series brings a wider variety of indulgent flavors to the brand’s existing range of cream roll flavors, including Butter Sugar, Chocolate Hazelnut, Cookies & Cream, and Creamy Vanilla, which are also made from the finest quality ingredients sourced worldwide.

    In addition, Sunshine Bakeries offers healthier bread loaves that are loved by fans, including the 100% Australian Oat Wholemeal Bread, Bread with Wheat Germ and Bran, Soft White Bread, and Homestyle Pandan Bread, which are crafted with love, packed with 100% goodness, and have 0% trans-fat, 0% artificial coloring, 0% artificial flavoring, and 0% cholesterol.

    Sunshine’s Signature cream roll series retails at RM1.50 each. Beginning today, Klang Valley and Negeri Sembilan residents can find Sunshine’s Signature cream rolls at supermarkets and convenience stores, including selected AEON, AEON Big, BHPetromart, Giant, Jaya Grocer, Lotus’s, myNews, Petron Treats, Panda Mart, and Shell Select outlets in Negeri Sembilan and the Klang Valley.

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  • Majlis Pelancaran Filem Harimau Malaya The Untold Journey

    Harimau Malaya: The Untold Journey diinspirasikan daripada kisah di sebalik tabir Persatuan Bola Sepak Malaysia (FAM) selepas Tan Cheng Hoe meletakkan jawatan sebagai jurulatih skuad kebangsaan pada Januari 2022.

    Menyebut bola sepak dan nama pasukan Harimau Malaya adalah perkara yang sinonim bagi penggemar sukan bola sepak negara.

    Pasukan Harimau Malaya sentiasa menjadi kebanggaan bukan hanya dalam penggemar sukan bola sepak tetapi rakyat Malaysia kerana perjuangan tanpa berbelah bahagi yang ditonjolkan oleh setiap individu sama ada di belakang tabir sehingga ke barisan pemain yang silih berganti sejak berpuluh tahun lalu.

    Namun di sebalik apa yang ditonton umum di padang  lewat kelincahan para pemain, ada kisah tersembunyi yang tidak diketahui sepanjang ‘perjalanan’ orang di sekliling Harimau Malaya.

    Mengangkat perspektif yang belum pernah dikupas dalam mana-mana penghasilan karya membabitkan Harimau Malaya, 4ward Pictures Sdn.Bhd dengan bangga mempersembahkan filem terbitan mereka, Harimau Malaya: The Untold Journey.

    Filem yang dibawakan oleh Nashrul Nasir selaku Penerbit Eksekutif dan Alif Nabil sebagai Penerbit ini menerima sentuhan magis sutradara terkenal, Dato’ Afdlin Shauki yang juga merupakan penulis skrip Harimau Malaya: The Untold Journey.

    Penghasilan Harimau Malaya: The Untold Journey juga adalah sebuah apresiasi terhadap perjuangan skuad kebangsaan terutama selepas Berjaya menewaskan Bangladesh sekaligus layak ke Piala Asia selepas 42 tahun.

    Bagi Afdlin Shauki yang kali terakhir duduk di kerusi sutradara dua tahun lalu, kesempatan mengarahkan Harimau Malaya: The Untold Journey adalah platform yang digunakannya untuk mewujudkan kecintaan yang lebih besar bukan hanya terhadap sukan tetapi semangat setiakawan, pengorbanan dan patriotism yang sepatutnya ada dalam diri setiap rakyat Malaysia.

    “Selaku rakyat Malaysia saya tidak seharusnya menolak peluang menggarap dan mengarah Harimau Malaya: The Untold Journey.

    Harimau Malaya: The Untold Journey dibarisi pelakon hebat tanah air seperti Sophia Albarakbah, Zahirah Macwilson, Aiman Hakim Redza, Tony Eusoff, Vanidah Imran, Khir Rahman, Douglas Lim, Fattah Amin, Kavin Jay, Fazura, Namron,Bell Ngasri, Azhar Sulaiman dan ramai lagi.

    Filem ini menjalani pengambaran selama 35 hari di sekitar Lembah Klang. Tertanya-tanya bagaimana isi Harimau Malaya: The Untold Journey? Jangan lupa saksikan dan semarakkan kecintaan terhadap sukan dan negara dengan menyokong file mini sebaik ditayangkan di pawagam berhampiran anda kelak.

     

     

  • EMPOWERING WELLNESS: SURIA KLCC’S ‘YOUR MIND, YOUR JOURNEY’ INITIATIVE FOCUSES ON SELF-CARE.

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    For this year’s Mental Health Awareness campaign, Suria KLCC, the renowned shopping destination, sheds light on the crucial aspect of self-care.

    This campaign runs from October 6th to October 15th, spanning ten days. Building on the successes of the 2021 and 2022 mental health campaigns, Suria KLCC is dedicated to its long-standing efforts to support this important cause.

    In line with the World Federation for Mental Health’s theme, ‘Mental health is a universal human right’, this year’s campaign pivots around the theme of self-care. The tagline, ‘Your Mind, Your Journey’, underscores the paramount importance of emotional, physical, and social well-being in overall mental health.

    The mall’s Center Court will serve as the hub of this campaign, offering a myriad of engaging and interactive activities supported by Suria KLCC’s valued tenants and partners. The mall continues its meaningful collaboration with esteemed NGOs such as the Green Ribbon Group, Malaysian Mental Health Association, Befrienders KL, Mental Illness Awareness Support Association, and the newly onboarded Nyawa Organisation.

    The sale of the ‘Suria Ribbon Pin’ will remain a focal point for fundraising, with all proceeds contributing to the cause. The pins are available for RM10 each at the Concierge.

    Andrew Brien, CEO of Suria KLCC Sdn Bhd, said, “This campaign reflects our commitment to nurturing not only the physical but also the emotional and social well-being of our community. ‘Your Mind, Your Journey’ is an invitation to embark on a path of self-discovery and care.”

     

    Safe Space at Suria KLCC

    Suria KLCC is the first and only mall in Malaysia to take mental health awareness to the next level through the creation of a safe space for the community. This year, the space is divided into three zones: physical and spiritual, emotional and mental, and social and leisure. Each zone is designed to cater to specific aspects of self-care, offering visitors dedicated professionals and activities for holistic well-being.

    In the ‘Physical & Spiritual’ zone, Babel, an established gym and wellness sanctuary, is leading fitness and meditation sessions to foster physical well-being and mindfulness. Babel also holds activities in the park, encouraging visitors to reconnect with nature. Completing this self-care zone are beauty workshops and makeovers conducted by esteemed beauty partners.

    The ‘Emotional & Mental’ zone provides professional support through clinics, talks, and consultations facilitated by NGOs, ensuring individuals have access to expert guidance and assistance. The space is filled with uplifting messages as well as helpful facts to promote emotional well-being. This zone also features an immersive calming room for mental relaxation and serenity.

    The ‘Social & Leisure’ zone promises fun and engaging activities for visitors, fostering bonds and creating joyful experiences through crafting, painting, journaling, and group participation.

    Within this safe space located at the Center Court, Nyawa launched a journal on October 7. Following this, a mental health and self-care dialogue took place, featuring speakers such as celebrity mental health advocate Che Puan Sarimah Ibrahim and HELP University Psychology Department Associate Professor, Dr. Eugene Tee. Visitors then had the chance to participate in an art therapy workshop facilitated by a professional counselling psychologist.

    Throughout this campaign, Heritouch Gallery is showcasing artworks that revolve around the themes of reflection, healing, and the expression of emotions through art.

    Meanwhile, The Body Shop is organizing calming hand-pampering sessions every day at 5.30 pm.

    On October 14, Estée Lauder is hosting a health talk and makeover session. With a legacy of over three decades of championing breast cancer awareness, Estée Lauder shines a light on this disease and the profound impact it has on mental health.

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    “Arty Inflatable” Experience

    Complementing the activities, the Esplanade KLCC is hosting an interactive installation of giant inflatable flowers, aptly named the “Arty Inflatable” experience. Spanning from the 8th to the 22nd of

    In October, this inaugural 15-day spectacle is poised to secure its place in the Malaysian Book of Records as the biggest inflatable floral installation.

    This promises a novel and engaging encounter for shoppers, further solidifying Suria KLCC’s position as the quintessential experiential shopping haven for both locals and tourists.

    This installation seamlessly ties in with the mental health theme, as each flower is carefully selected to symbolize an aspect relating to mental health. For example, roses symbolise love and self-love, while sunflowers mean positivity and optimism.

     

    Alamanda Shopping Centre

    Alamanda Shopping Centre, in collaboration with the Federal Territories of Kuala Lumpur and Putrajaya health departments, is taking a significant step towards promoting mental health awareness.

    With mental illness ranking as the second highest health concern after heart disease, this initiative aims to raise awareness, disseminate crucial information, and foster a more supportive environment for those impacted by mental health issues.

    From October 20th to 22nd, the Center Court of Alamanda will transform into a hub of activities focused on mental health. This includes free health screenings for individuals aged 18 and above.

     

    In line with the event’s objectives, a diverse range of activities has been thoughtfully curated:

    Fitness Challenges: Engaging physical activities designed to promote overall fitness and well-being ‘Healthy Mind’ Exhibition: An informative space aimed at increasing awareness about the importance of mental health.

    Counseling Therapy Booth: Providing a confidential space for individuals to seek professional guidance and support

    Children’s Activities: A coloring contest for ages 5–6 and interactive storytelling sessions for ages 10–12, all with the theme of promoting a healthy mind and family.

    Youth Empowerment: Choral speaking sessions for schools in Putrajaya, focusing on instilling the value of a healthy mind among participants aged 13–17.

    Insightful Discussions: A Ted Talk session centered around various aspects of mental health.

    Mental Health Forum: A discussion featuring psychiatric experts and mental health clients, offering invaluable perspectives on mental well-being.

     

    Mesra Mall

    Meanwhile, Mesra Mall in Kemaman, Terengganu, is also proud to announce its Mental Health Awareness campaign, running from October 12th to 15th. Held in collaboration with the Psychiatry Department of Hospital Kemaman, this initiative is designed to create an interactive and informative space for the community.

    As a part of this campaign, Mesra Mall will offer free mental health consultations, providing expert guidance and support to visitors seeking assistance with their mental well-being.

    A mental health quiz will be conducted, featuring an interactive format aimed at testing knowledge and enhancing understanding of mental health issues among participants.

    Complementing the mental health initiatives, there will be complimentary physical health checks available, ensuring a holistic approach to well-being.

    Mesra Mall recognizes the power of art in promoting mental health. To engage shoppers effectively, an art wall will be on display, showcasing how art can help individuals manage a variety of mental health issues and psychological challenges.

    On October 12, Dr. Zaliha A. Rahman from the Psychiatry Department at Hospital Kemaman will conduct mental health talks and discussions. These sessions aim to provide shoppers with expert insights and guidance on understanding and managing mental health.

    In addition to informative talks, a series of engaging games and activities related to mental health awareness will be hosted to foster understanding and encourage participation.

     

    For more information and the latest updates, visit:

    1. Suria KLCC: www.suriaklcc.com.my or www.facebook.com/SuriaKLCCMall
    2. Alamanda: www.alamanda.com.my or www.facebook.com/AlamandaShoppingCentre
    3. Mesra Mall: www.mesramall.com or www.facebook.com/MyMesraMall

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  • UNVEILING SAFEE SALI’S ICONIC FOOTBALL LEGACY: ‘SEPULUH’ DOCUMENTARY.

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    Anticipation is building among Malaysian sports fans and film enthusiasts, as the long-awaited documentary series, “SEPULUH,” is set to take center stage, promising an engaging viewing experience.

    Produced by Astro Arena in collaboration with Prime Sports International, the six-part series is set to premiere on Astro Arena (Channel 801) every Friday at 9:00 p.m., starting on November 24, 2023.

    The documentary, a tribute to the legendary Safee Sali, unfolds the compelling narrative of his remarkable career in Malaysian football. Through a mix of captivating storytelling, exclusive interviews with key figures in Safee’s life, and never-before-seen footage, “SEPULUH” delves into Safee’s unwavering pursuit of excellence.

    Safee himself shared his thoughts on the series, stating, “This documentary is more than just my story; it’s proof that with hard work and determination, dreams can come true. I hope it will tell a story that will captivate everyone, not just sports fans.”

    As the series navigates through the uncertainties of Safee’s early career to his pinnacle as a football superstar and national icon, viewers will be taken back to the roots of Safee’s childhood, exploring the circumstances of the football scene before his arrival and unveiling the making of the man who secured victory in the 2010 AFF Suzuki Cup.

    Adding to the anticipation, the series is proud to announce RedONE as the presenting sponsor, further elevating the production to new heights.

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    Farid Yunus, Chief Executive Officer of redONE Network Sdn Bhd, expressed his enthusiasm for the collaboration, stating, “redONE is proud to be the presenting sponsor of ‘SEPULUH.’ Safee Sali’s journey is not just a story of triumph in football; it’s a testament to the indomitable spirit of Malaysians. We believe in the power of such narratives, and through our support, we aim to contribute to the celebration of excellence and determination. While we market our brand, one of our missions is to always be a telco company that gives back to the community, and that is why RedONE provides affordable and cheapest postpaid plans from as low as RM8 a month.”

    Nicholas John, Astro Head of Sports, expressed his excitement about the project, saying, “At Astro Arena, we have been longtime supporters of Safee Sali and have witnessed his journey from the inception of his career. We are genuinely thrilled to have been present during significant milestones in his life. Furthermore, extending beyond the football field, Safee has seized the opportunity to diversify his horizons within the realm of sports broadcasting, serving as a football pundit on Astro Arena.”

    The result is poised to become one of Malaysia’s most enthralling sports documentary series, promising a journey that transcends the boundaries of sports fandom. Don’t miss the full episodic documentary, set to air on Astro Arena as follows:

    **Every Friday night at 9:00 p.m., only on Astro Arena (Channel 801).

    Episode Date Channel
    Episode 1 24 November 2023 Astro Arena (Channel 801)
    Episode 2 1 December 2023
    Episode 3 8 December 2023
    Episode 4 15 December 2023
    Episode 5 22 December 2023
    Episode 6 29 December 2023

     

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  • ANDRA & THE BACKBONE: PENGALAMAN LUAR BIASA MENANTI PENONTON KUALA LUMPUR

    Walaupun Andra & The Backbone mungkin belum mencapai tahap ketenaran yang sama seperti Dewa 19 di kalangan peminat muzik Malaysia, terutamanya di kalangan kelompok peminat yang sering dipanggil Baladewa dan Baladewi, namun kini lebih banyak orang mulai menyedari keunikan dan pesona dalam muzik mereka.

    Dalam perjalanan muzik yang seringkali lebih berat daripada apa yang biasa mereka dengar, Andra & The Backbone menghadirkan lirik-lirik cinta yang puitis dan mendalam. Vokal Dedy yang unik dengan ciri ‘husky’nya turut memberikan dimensi tersendiri dalam pengalaman mendengar muzik mereka.

    Ketika melibatkan Stevie, anggota band death metal Deadsquad, kolaborasi mereka menghasilkan karya-karya yang menarik dan berani. Sudah tentu, konsert mendatang mereka akan menjadi satu pengalaman muzik yang istimewa yang tak boleh dilewatkan. Jadi, mari bergabung dengan kami dan sertai konsert yang akan datang untuk merasai keindahan muzik mereka yang unik.

    Mungkin ada yang tidak tahu, band yang ditubuhkan pada 2006 ini sudah enam kali membuat persembahan di Kuala Lumpur.  Kali terakhir mereka menggalas tugas sebagai ‘opening Act’ untuk konsert Dewa 19 yang berlangsung di Stadium Malawati Shah Alam pada tahun 2019.

    Setelah 17 tahun membina empayar, ‘Andra & The Backbone’ sekali lagi di beri ruang untuk ‘Sempurna Di Kuala Lumpur’.  Konsert anjuran Qew Communications Sdn Bhd atau Qew Comm itu di jadual bakal berlangsung di Zepp Kuala Lumpur pada 1 Disember nanti.

    Bagi pihak Qew Comm, pihaknya melahirkan rasa teruja kerana dapat bekerjasama dengan Andra yang juga merupakan salah seorang gitaris Dewa 19.  Selain itu mereka juga percaya bahawa Andra & The Backbone punya kelompok peminat mereka sendiri.

    Mereka juga percaya bukan hanya kelompok peminat rock tetapi peminat muzik ‘berat’ juga bakal hadir ke konsert itu nanti kerana ukhwah di kalangan mereka cukup kuat.

    Menerusi jenama Andra And The Backbone mereka telah mengeluarkan empat album iaitu “Andra and the Backbone” pada tahun 2007, “Season 2 ” (2008) , “Love, Faith & Hope” (2010) serta album kompilasi “The Best Of Republik Cinta” (2011) .

    Lagu hits mereka iaitu Sempurna yang diperkenalkan kembali oleh Gita Gutawa, “Lagi Dan Lagi”, “Dan Tidurlah”,  “Terdalam” , “Perih” , serta “Dengarkan Aku.

    Bagi anda yang menggemari lagu-lagu yang sarat dengan mesej tersirat, ini peluang untuk menyaksikan kehebatan Andra dengan lebih dekat, apatah lagi beliau memilih untuk jadi anggota paling pendiam jika beraksi bersama Dewa19.

    Konsert ‘Sempurna Di Kuala Lumpur’ bakal merungkai sisi sebenar Andra, Stevie dan Dedy yang pasti memberi momen indah dan lebih ‘intim’ sekaligus memaku kesempurnaan Andra & The Backbone.

    Tiket dengan harga RM169 (CAT 1), RM139 (CAT 2), RM289 (CAT 3), RM229 (CAT 4) dan RM4,000 (VIP) akan mula dijual bermula 12 Okt ini di myticket.asia

  • Advancing Finance with Values: World’s First Shariah-compliant Greentech Fund by Malaysian Green Technology and Ficus Capital

    Ficus Capital, a prominent investment firm focusing on Environmental, Social, and Governance (ESG) and Islamic investments, partnered with Malaysian Green Technology and Climate Change Corporation (MGTC) to pioneer the world’s first Shariah-compliant Greentech Fund. The initiative was officially launched during the International Greentech & Eco Products Exhibition & Conference Malaysia (IGEM 2023) at the Kuala Lumpur Convention Centre, with YB Dato’ Sri Huang Tiong, the Deputy Minister of NRECC, presiding over the ceremony.

    The primary objective of the Greentech Fund is to channel investments into green technology projects and enterprises that contribute to Malaysia’s ambition of achieving net-zero greenhouse gas emissions as early as 2050. The setup adheres to Securities Commission rules for Sustainable and Responsible Investment, which mandate that the fund incorporate sustainability considerations such as the Sustainable Development Goals (SDGs) or United Nations Global Impact (UNGC) Principles.

    The Greentech Fund is dedicated to promoting green growth in which investors will actively participate in GHG emissions reduction and avoidance as well as carbon offset schemes and reap financial rewards. This demonstrates how closely the fund adheres to ESG guidelines and highlights its potential to investors looking for financial gain and environmental impact.

    The investments are expected to reduce or avoid more than 9 million tons of greenhouse gas emissions through projects across various green industry sectors, such as Renewable Energy, Biofuel and Biomass Conversion, Waste Management and Biogas, Sustainable Agriculture and Forestry, Sustainable Transportation, and other environmental projects which complement several SDG pillars.

    Investing in green projects and companies harmonises perfectly with our ‘Madani Economy: Empowering the People’ framework, aiming to enhance lives and reshape our economic landscape.” said Ts Shamsul Bahar Mohd Nor, Group Chief Executive Officer of MGTC.

    Over the past 25 years, MGTC has led Malaysia’s green industry, bringing in substantial green investments worth over RM50 billion, that have reduced 16.4 million metric tonnes of GHG emissions and creating over 23,000 green jobs. Initiatives such as the Green Technology Financing Scheme (GTFS), MyHIJAU Mark, and Green Tax Incentives have catalysed positive change in the green economy sector.

    GTFS has played a pivotal role in propelling green technology development in Malaysia by providing essential financial backing. Yet, throughout its implementation since 2010, there is a notable financing gap of RM14.5 billion. The demand for green capital and green financing outweighs the supply. Greentech Fund can complement these efforts by providing equity-based financing to green companies and green projects. This approach can encourage innovation, entrepreneurship, and the growth of sustainable businesses in Malaysia, thereby expanding the landscape of sustainable funding options for green companies.

    “A tactical approach to address these financial gaps is establishing the Greentech Fund. This will support innovation, encourage entrepreneurship, and propel the expansion of sustainable enterprises in Malaysia by providing equity-based funding to green projects and businesses. It significantly expands the sustainable finance choices accessible to eco-friendly projects and businesses. This aligns with our goal of decreasing carbon emissions, contributing RM100 billion in green investment, and creating 230,000 green jobs by 2030.” Ts. Shamsul Bahar added.

    Ficus Capital recognises the vast potential within green investments, particularly in Southeast Asia, primarily focusing on Malaysia. “Our fund is strategically designed to offer attractive returns to investors while aligning with their growing interest in climate change mitigation opportunities. Partnership with MGTC is pivotal in advancing the growth of projects and companies in Malaysia while reinforcing our dedication to fostering sustainability and contributing to the nation’s green aspirations,” said Abdullah Hidayat, Co-Managing Partner of Ficus Capital.

    Unlike conventional financing, this fund adheres to Shariah principles, ensuring fair and transparent contracts for its fund’s projects and companies. Fair in this context means that the fund will not impose any interest charges in its investment agreements, and transparency shows that contracts are based on market prices and risk-sharing arrangements.

    The fund is fully aligned with ESG principles, making it a champion of responsible investing. The fund focuses on the Quadruple Bottom Line, encompassing People, Planet, Profit, and Principle. This framework is an integral part of the larger ESG-Islamic framework embraced by the fund, highlighting its dedication to holistic sustainability.

  • Leader Energy Forges Partnership with BMW Group Malaysia in New MOU

    Leader Energy Holding Berhad through its wholly-owned subsidiary, Leader EV Solutions Sdn Bhd , has formalized a Memorandum of Understanding, MOU with BMW Malaysia Sdn Bhd. The essence of the MOU is to feature the BMW brand across Leader EV’s Galaxy Charge network along the North-South Highway in Malaysia, and collaboratively launch campaigns to encourage vehicle charging for BMW-affiliated brands at Leader EV’s Galaxy Charge network. Leader Energy, along with its subsidiaries and jointly controlled entities, is an independent power producer primarily engaged in the development, ownership, operations, and maintenance of power assets and projects.

    Under the MOU, Leader EV will be responsible for the development, installation, operation and maintenance of the Galaxy Charge network. In addition, Leader EV is to actively promote and create awareness on electric vehicle charging technology while BMW is to fulfil the access of public charging solutions via a subscription or members programme through Leader EV’s Galaxy Charge network.

    Leader Energy’s Executive Deputy Chairman, Dato’ Sean H’ng said, “We are excited to embark on this journey with BMW Group Malaysia to further enhance the use and charging of electric vehicles through Leader EV’s Galaxy Charge network in Malaysia. With the consistent growth trajectory of Malaysia’s Electric Vehicles (“EV”) market, we anticipate higher demand for EV charging stations in the near future. Through this collaboration, we believe that we will be well-positioned to capture a larger share of the market with our EV charging infrastructure. Our charging projects on the North-South Highway is a stepping stone platform in growing our network across Malaysia. With the collective efforts of both parties involved, we are very optimistic in achieving a mutually beneficial outcome from this collaboration.”

    Head of Corporate Communications and Sustainability at BMW Group Malaysia, Sashi Ambi said, “As the leading provider of premium EVs in Malaysia, we are always looking out for strategic partnerships to drive the development of a thriving EV ecosystem forward. Our latest initiative with Leader Energy exemplifies both our shared commitments towards enhancing public access to charging infrastructure nationwide and alleviating range anxiety, especially on a long-distance journey. With this MOU, we look forward to expanding our charging network of over 1,000 facilities even further and providing our customers with a complete premium EV ownership experience.”

  • Leader Energy and Solarvest Team Up to Explore Regional Opportunities

    Leader Energy Holding Berhad (“Leader Energy”) and Solarvest Holdings Berhad (“Solarvest”) have officially solidified their commitment to exploring sustainability opportunities within the Southeast Asia (“SEA”) region through the signing of a Memorandum of Understanding (“MOU”). This strategic collaboration paves the way for the joint exploration of projects and initiatives that align with both companies’ sustainability goals, leveraging their collective expertise and resources to contribute to a more sustainable and environmentally conscious future. Leader Energy, along with its subsidiaries and jointly controlled entities, stands as a notable independent power producer, playing a crucial role in the development, ownership, operations, and maintenance of power assets and projects.

    Under the MOU, the collaboration will primarily focus on the exploration and development of renewable energy, including solar energy, battery energy storage systems, Energy-as-a-Service, as well as other sustainable energy applications. The partnership aims to leverage on the expertise of both parties to deliver innovative solutions within the SEA region and ultimately contribute to the achievement of net-zero emissions goal.

    Leader Energy’s Executive Deputy Chairman, Dato’ Sean H’ng said, “We are grateful to explore the opportunity to collaborate with Solarvest. Considering the ongoing decarbonisation efforts in the SEA region, where numerous countries have set ambitious net-zero targets, this potential collaboration enables us to bolster our footprint in the region. It will position us well to capture untapped opportunities with new green technologies within the region and maximise our contribution towards our net-zero emissions goal. With the collective efforts of both parties, we are optimistic of achieving a fruitful outcome from this collaboration.”

    Solarvest’s Executive Director and Group Chief Executive Officer, Mr. Davis Chong Chun Shiong, said the collaboration is the latest step in the company’s efforts to be a leading clean energy leader in the region. “Southeast Asia is arguably the most exciting region in the world now, with a relatively young, newly affluent, and increasingly eco-conscious consumer population. We are excited to be working with Leader Energy to deliver new and exciting energy solutions to a much broader group of consumers. Indeed, this collaboration is very well aligned with Solarvest’s own 5-Year Strategic Roadmap, aimed at positioning the company as an expert on clean, regenerative energy.”

  • What Is a Reserve Currency? U S. Dollar’s Role and History

    Most international debt is held in USD to maintain stability in lending costs and expected returns. Being the country issuing a reserve currency reduces transaction costs, since both sides of the transaction involve the same currency and one is yours. Reserve currency issuing countries are not exposed to the same level of exchange rate risk, especially when it comes to commodities, which are often quoted and settled in dollars.

    1. These reserve requirements are established by the Fed’s Board of Governors.
    2. As the United States printed more money to finance its spending, the gold backing behind the dollars diminished.
    3. We wish them luck in deciding between rate cuts and hikes if oil prices fall, hurting Russia while causing potential booms in India and China.
    4. The United States is also harmed by currency manipulation—when another country holds down the value of its currency to maintain a large trade surplus.

    “Sanctions are an effective tool, but we have to be careful,” CFR’s Benn Steil told NPR. Meanwhile, the Chinese renminbi has become the most-traded currency in Russia. The other fatal flaw, in our view, is that there is no viable replacement for the dollar, as has been discussed previously.

    How Do Currencies Gain Reserve Status?

    Most countries paid in gold, making the U.S. the owner of a majority of gold by the end of the war. A return to the gold standard became impossible as okcoin review countries depleted their reserves. Treasury Secretary Janet Yellen, say that the aggressive use of sanctions could threaten the dollar’s hegemony.

    What Is a Reserve Currency?

    The amount that a bank is required to hold in reserve fluctuates depending on the state of the economy and what the governing board determines as the optimal level. Nations across the world bulk up on reserve currency as a shock absorber against economic crisis. China has the beaxy exchange review largest reserves at $3,520.4 trillion followed by Japan at $1.321 trillion. Saudi Arabia has $580.7 billion while the Russia Federation has $407.3 billion. The Asia states of Hong Kong, Republic of Korea, and India have $380.3, $372.6, and $366.2 billion dollars respectively.

    Is the U.S. dollar still a viable reserve currency?

    Most major economies with flexible or floating exchange rate schemes clear excess supply and demand by buying or selling reserve currency. For instance, a country that wants to boost the value of its currency can repurchase its national currency with its foreign currency reserves. A large percentage of commodities, such as fp markets reviews gold and oil, are priced in the reserve currency, causing other countries to hold this currency to pay for these goods. Countries also keep an eye on major reserve currencies to ensure that their holdings aren’t adversely affected. For instance, strong inflation in the U.S. could cause a devaluation of the U.S. dollar.

    Starting in the mid-20th century, the U.S. dollar was set as the international reserve currency. Since then, strong economies in many countries have led to the rise of other international reserve currencies. Many of them are specifically designated as reserve currencies by the International Monetary Fund (IMF).

    For instance, if the value of the Brazilian real starts to fall during an economic downturn, the Central Bank of Brazil can step in and use its foreign reserves to bid up its value. Conversely, countries can intervene to stop their currencies from appreciating and make their exports cheaper. Reserve currency status isn’t without its drawbacks, and the problems issuing countries face underscore why mature economies tend to be the ones issuing widely held currencies. Low borrowing costs stemming from issuing a reserve currency may prompt loose spending by both the public and private sectors, which may result in asset bubbles and ballooning government debt. Stimulus spending in the U.S., for example, led Chinese leaders to fear a weak dollar since that would erode the country’s value of dollar-denominated debt.

  • PARTICIPATE IN THE ’99 NIGHTS IN POTRAIT 2.0′ CONTEST FOR A CHANCE TO WIN THE VIVO V29 5G!

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    To celebrate the launch of the vivo V29 5G, vivo Malaysia is introducing the ’99 Nights in Portrait 2.0′ photo contest. The primary aim is to showcase the exceptional Aura Light 2.0 feature of the vivo V29 5G and to uncover fresh talents adept at capturing striking portraits, even in challenging lighting environments.

    From October 9 to November 13, 2023, Vivo Malaysia extends an invitation to all Malaysians to submerge themselves in the captivating realm of night portrait photography. Each week will present a fresh theme, offering participants an opportunity to secure exciting prizes.

    Discover the weekly themes below:

    Theme

    Date
    • Night Music 
    		 9 – 15 October 2023
    • Night Market 
    		 16 – 22 October 2023
    • Halloween 
    		 23 – 31 October 2023
    • Night Fun 
    		 1 – 7 November 2023
    • Night Camping
    		 8 – 13 November 2023

     

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    Unlock the creativity in just three simple ways:

    • Capture and share any mesmerizing photos following the weekly theme on social media profiles and set them public.
    • Include the hashtags #vivoV295G, #AuraPortraitNowSmart, and #vivoV295G99NightsInPortrait in the posts.
    • Mention @vivo_Malaysia and tag two friends, inviting them to participate in the ’99 Nights in Portrait 2.0′ photo contest by vivo Malaysia.

    Participants have the opportunity to win fantastic prizes in the ’99 Nights in Portrait 2.0′ photo contest by Vivo Malaysia. The grand prize includes an exciting gift from Vivo Malaysia, and there’s a weekly prize from Joyoung up for grabs! Submit your photos and stand a chance to win a Vivo V29 5G and a Joyoung Electric Baking Pan.

    For more information and updates, stay tuned to the official Vivo Malaysia Facebook page.

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