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Malaysia Airports Inks MOU With MIDA

KUALA LUMPUR, July 13 (Bernama) -- Malaysia Airports Holdings Berhad (MAHB) inked a memorandum of understanding (MoU) with the Malaysian Investment Development Authority (MIDA) to further collaborate in the promotion and facilitation of activities relating to the KLIA Aeropolis and Subang Aerotech Park development. The signing agreement between YM Raja Azmi Raja Nazuddin, the acting Group Chief Executive Officer of Malaysia Airports and Datuk N. Rajendran, Deputy CEO of MIDA took place at the MIDA HQ earlier today.

The main objective of the MoU is to explore potential areas of collaboration between Malaysia Airports and MIDA to facilitate foreign direct investments into Malaysia via promotion and implementation of investments that would achieve value accretion to the national economy - focusing on the KLIA Aeropolis, a flagship airport city development within the 100-square kilometer of KLIA land in Sepang, Selangor, and the implementation of the Subang Airport Regeneration Initiative.


North America And Africa Lead The Way In Economic Confidence Despite Trade Wars Spooking Economic Sentiment, Finds ACCA And IMA Economic Survey

KUALA LUMPUR, July 13 (Bernama) -- The global economic recovery that started in late 2016 is starting to lose momentum, with global confidence in Q2 dipping from its Q1 high, finds the latest edition of ACCA (the Association of Chartered Certified Accountants) and IMA Global Economic Conditions survey.

Although it remains high by recent standards, the slight fall in confidence reflects increasing fears of a trade war between the US and China. This continues to effect global outlook, with China´s economic sentiment falling sharply.


Putra Business School Offers Two Day Course On Accounting & Financial Analysis For Non Accountants

SERDANG, July 13 (Bernama) -- Putra Business School, UPM (PBS) will be organizing a two day course on Accounting & Financial Analysis for Non-Accountants. This course is targeted towards all levels of management, department heads, entrepreneurs, business owners who need an understanding of the fundamentals of financial management. Participants will be able to interpret and analyse financial statements and essential financial ratios. They will also understand the value of a firm or project´s returns and performance and recognise the factors needed in financial analysis and know the limitations of the financial statement.

The facilitator for the course is Dr.Ahmed Razman Abdul Latiff, a senior lecturer at PBS with vast experience in training and consultations on risk management, institutional governance, corporate governance and internal control systems. He also regularly features on media i.e. radio, TV and print, giving commentaries on current issues relating to economics, finance, ethics and corporate governance.


Dashang Group Launches Digital shopping APP Tiangou Net, Making It Easier to Shop

SHENYANG, China, July 13 (Bernama) -- In late June this year, the China General Chamber of Commerce has released China's top 100 retailers in 2017. Dashang Group was in top three, just behind Tmall and JD. Being the largest department store group in Northeast China, Dashang Group has launched Tiangou Net, a digital shopping APP that attempts to make shopping easier.

When you go shopping in northern China, you can easily find a parking space through the APP in many cities. If you are not satisfied with the price of the selected clothes, you can upload a fitting photo to the APP to receive occassional price reduction messages in the future. Shop assistants will take pictures or videos of various interesting scenes and products in the store, so that you won't miss your favorite products. With artificial intelligence, you can also talk to a robot shopping guide in the shopping mall to get all the information you want to know.


​Squirrels Research Labs Announces Acorn Cryptocurrency Acceleration Hardware

NORTH CANTON, Ohio, July 13 (Bernama) -- Squirrels Research Labs today announced Acorn, a new hardware component that improves efficiency and effectiveness of cryptocurrency mining.

"We developed a piece of hardware called Acorn that increases the effectiveness of existing GPU mining operations without adding a significant cost, " Squirrels president David Stanfill said. "This is a brand new concept that´s never been done before. "


Kohler Co. Unveiled As Principal Partner Of Manchester United

MANCHESTER, England, July 13 (Bernama) -- (NYSE: MANU) Manchester United and Kohler, a global lifestyle brand headquartered in Kohler, Wisconsin-USA, have agreed to a multi-year global partnership. The KOHLER brand logo will feature on the sleeve of the most iconic and best selling club shirt, for both the men's and women's teams. The partnership also includes joint participation on game day activities, innovative improvements to club facilities, global sustainability and social responsibility projects and other partner collaborations with Manchester United fans and Kohler customers and associates.

Kohler Co. is a leader in the design and innovation of kitchen and bath products and one of the largest manufacturers of power systems in the world. Founded in 1873, the two organisations have been in existence for over 140 years, sharing a long history steeped in tradition, excellence and innovation, as well as a common vision to make a positive impact on the world.


MIA Launches Digital Technology Blueprint At AccTech Conference 2018

Blueprint seeks to prepare the Malaysian Accountancy Profession for the Digital Economy

KUALA LUMPUR, July 12 (Bernama) -- To help accountants manage sweeping changes arising from the digital economy and Industrial Revolution 4.0 (IR4.0), MIA launched its MIA Digital Technology Blueprint at its inaugural AccTech Conference 2018.

Both are part of the regulator´s ongoing digital initiatives as it seeks to future-proof the Malaysian accountancy profession and provide more value to the ecosystem.