MITeC Expresses Interest In StartUp Borneo

MITeC Expresses Interest In StartUp Borneo

StartUp Borneo is set to be the driver to promote startup culture in Sarawak and across Borneo Figure 1: StartUp Borneo is set to be the driver to promote startup culture in Sarawak and across Borneo. KUCHING, 9 APR: StartUp Borneo committees were invited to present on vision and initiatives of StartUp Borneo. Ministry of International Trade & eCommerce Sarawak (MITeC) upon recommendation from University Malaysia Sarawak (UNIMAS) extended an invitation to StartUp Borneo to present to the State Government officials at Bangunan Baitulmakmur Medan Raya, Petra Jaya. The arrangement was done in order for MITeC to better understand the initiatives which StartUp Borneo has executed to benefit the local Sarawakians. The Sarawak State Government is supportive and looking forward to assist in the programme initiated by StartUp Borneo. On top of that, in order to show support, MITeC has planned to provide some funding opportunity as well as promoting StartUp Borneo through the various government bodies in order for more locals to participate and...
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Sarikei Innovation Centre hosts Elev8 entrepreneurship programme

Sarikei Innovation Centre hosts Elev8 entrepreneurship programme

SARIKEI (6 Aug 2018): The Sarikei Innovation Centre ( SiC) recently hosted some 150 participants for a three- day Elev8 entrepreneurship programme. Participants ranging from university students to civil servants and business owners were mainly from Sarikei with others from Bintangor, Meradong, Julau, Pakan and also Sibu. A series of workshops on optimising usage of technology such as YouTube, Google AdWords and AdSense as well as keynote sessions on E-Rezeki and Global Online Workforce, STEM ( science, technology, engineering and mathematics), drone application, social entrepreneurship, coding, tech and leadership enlightened participants. There were also fireside chats on ‘ The role of Government Agencies’ and ‘Journey of Sarawakian Startups’. Key speakers and panelists from startups and technology specialists in corporate and government agencies shared their knowledge and experience. University students Nur Zaihanirah Zaini and Elton Jong from Sibu said Elev8 not only helped them gain insight on startup ecosystem but also enriched them with new ideas. “It was worth the hour’s drive from Sibu,” they said. Managing...
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Serba Dinamik Holdings Bhd (Sept 4, RM3.84)

Serba Dinamik Holdings Bhd (Sept 4, RM3.84)

Serba Dinamik Holdings Bhd (Sept 4, RM3.84) KUALA LUMPUR (Sept 4): Maintain buy with an unchanged target price (TP) of RM4.72: Serba Dinamik Holdings Bhd continues to increase its exposure in various countries. To recap, it secured maiden contracts in Laos, Kazakhstan, and Tanzania back in 2017-2018. Going forward, its foothold in Africa via Tanzania allows it to bid for various projects in Guinea and Gabon. Furthermore, its acquisition of a 24.9% stake in CSE Global Ltd has enabled Serba to penetrate certain markets more easily. Management has revealed that a collaboration is underway to secure contracts in the Gulf of Mexico. Furthermore, Serba and CSE expect to cross-sell their products, offering an integrated solution for clients. To recap, Serba has purchased a 20% stake in La Rapida, a Swiss company that manufactures and supplies parts for the power-generation industry. We understand that La Rapida is a licensed original equipment manufacturing supplier for various brands such as General Electric. Management has revealed that internal...
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Serba Dinamik Bulking Up

Serba Dinamik Bulking Up

Serba Dinamik bulking up KUALA LUMPUR (June 2): IN a move that will fortify its position as a global, integrated engineering services provider, Serba Dinamik Holdings Bhd has been on a slew of mergers and acquisitions (M&A) in the first half of the year. This, coupled with a sustainable asset ownership model, will support Serba Dinamik’s growth going forward. Serba Dinamik is involved in operations and maintenance (O&M) as well as engineering, procurement, construction, and commissioning (EPCC) works. Serba Dinamik managing director and CEO Datuk Karim Abdullah tells StarBizWeek that the group intends to expand revenue contribution from its other segments, particularly power generation. “We have a hydropower plant project in Kota Marudu, Sabah, where the EPCC work is contributing a revenue of RM218mil. “We are also in the midst of working out the regulatory requirements on another hydropower plant project, which has a cumulative capacity of 60MW. “This EPCC contract is valued at RM560mil, which we are partnering with Maju Holdings Sdn Bhd and Perak Hydro...
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Aerospace Centre Plan For Sabah

Aerospace Centre Plan For Sabah

Aerospace Centre Plan For Sabah KOTA KINABALU (August 25): Sabah will soon have its own aerospace centre that will produce aircraft parts, among others, according to International Trade and Industry Minister Darell Leiking. "Aerospace industry in the country is monitored and coordinated by the National Aerospace Industry Coordinating Office (Naico) which is under the International Trade and Industry Ministry (MITI)," he said after a courtesy call on Chief Minister Datuk Seri Mohd Shafie Apdal, at the State Administrative Centre, Friday. "And this year, the industry managed to gain about RM13 billion in revenue. "As such, I am thinking of pushing to expand the aerospace industry here…it is almost come to materialisation. "And if this is successful, one day, we may be producing aircrafts parts." He said such centre has begun construction in Kota Kinabalu Industrial Park (KKIP) and it will be further expanded. "Let's wait until next month as we are in the process of a negotiation with a major company and if it yields positive result, then it is going...
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Darell Wants To Push For Aviation Centre in Kota Kinabalu

Darell Wants To Push For Aviation Centre in Kota Kinabalu

Darell Wants To Push For Aviation Centre in Kota Kinabalu KOTA KINABALU (August 24): The International Trade and Industry Ministry (MITI) is looking into the possibility of establishing an aviation centre in the state. If this takes place, its Minister, Darell Leiking, said today that Sabah would become an aircraft spareparts producing state. He said the country’s aerospace sector expected to generate about RM13 billion in revenue this year. “So, I’m thinking of pushing for an aviation centre at KKIP (Kota Kinabalu Industrial Park),” he said after paying a courtesy call to Chief Minister Datuk Seri Mohd Shafie Apdal at his office, here, today. “We might be producing aircraft spareparts one day. We will wait for September as we are currently having negotiations.” Darell said he would let Prime Minister Tun Dr Mahathir Mohamed sort out the matter. He added that Composites Technology Research Malaysia, which was based in the peninsula, was producing turbine casing and other spareparts for the aviation industry. “This is under Miti’s facilitation. I...
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FinTech4Good And Sarawak Announce Partnership Agreement at 13th World Islamic Economic Forum 2017

FinTech4Good And Sarawak Announce Partnership Agreement at 13th World Islamic Economic Forum 2017

A global blockchain acceleration network FinTech4Good becomes the first fintech platform in the world to partner with Sarawak in collaboration with RESONICS Consultancy (Kuching, Sarawak - 21 November 2017) – A global fintech and blockchain acceleration network FinTech4Good created tech startup history today, by partnering with RESONICS Consultancy on blockchain and fintech initiatives in East Malaysia region. RESONICS Consultancy is a consulting firm and an industry player operating in Kuching, Sarawak. The memorandum of understanding (MoU) was signed today at 13th WIEF 2017 conference in Borneo Convention Centre Kuching between representatives of FinTech4Good LLC and RESONICS Consultancy, Xiaochen Zhang and Abdul Qaiyum Alidin, and were witnessed by the Deputy Chief Minister of Sarawak, Datuk Amar Awang Tengah Ali Hasan and the Chairman of WIEF Foundation, Tun Musa Hitam. This MoU signing is to officiate the partnership between FinTech4Good and RESONICS Consultancy, to assist Sarawak on introducing fintech and blockchain as an alternative for traditional solutions, and to accelerate entrepreneurship and community development in...
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Umadx Creates Tech Startup History

Umadx Creates Tech Startup History

Reward-based crowdfunding platform Umadx becomes the first crowdfunding platform in the world to partner with Sarawak in collaboration with RESONICS Consultancy (Kuching, Sarawak - 21 November 2017) – Asian-based crowdfunding platform Umadx created tech startup history today, by partnering with RESONICS Consultancy on crowdfunding on-boarding activities for entrepreneurs in East Malaysia region. The memorandum of understanding (MoU) was signed today at 13th WIEF 2017 conference in Borneo Convention Centre Kuching between representatives of Umadx (Online) Malaysia and RESONICS Consultancy, Fadzli Rahim and Abdul Qaiyum Alidin, and were witnessed by the Deputy Chief Minister of Sarawak, Datuk Amar Awang Tengah Ali Hasan and the Chairman of WIEF Foundation, Tun Musa Hitam. This MoU signing is to officiate the partnership between Umadx and RESONICS Consultancy, to assist the state government of Sarawak on introducing rewards-based crowdfunding as an alternative fundraising method, and to promote crowdfund initiative for entrepreneurs and community development in Sarawak. This first-of-its-kind partnership for a tech platform will utilize the spaces in...
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MIA Appoints Salihin Abang As New President

MIA Appoints Salihin Abang As New President

MIA Appoints Salihin Abang As New President KUALA LUMPUR (25 August 2017): The Malaysian Institute of Accountants (MIA) has appointed Salihin Abang as President and Datuk Narendra Kumar Jasani as Vice-President, effective today. Figure 1: A group photo of Malaysian Institute of Accountants President, Salihin Abang (first from left), Sarawak State Secretary, Tan Sri Datuk Amar Haji Mohamad Morshidi Abdul Ghan (second from left), and StartUp Borneo Chairman, Abdul Qaiyum Alidin (first from right). "Salihin Abang succeeded Datuk Mohammad Faiz Azmi, whose term ended on July 26, 2017, while Narendra succeeded Datuk Zaiton Mohd Hassan, whose term ended on July 15, 2017," said MIA in a statement today. Salihin, who is the Founder and Managing Partner of SALIHIN, was elected as MIA Council member on Sept 19, 2015. He is also the president of the Malaysian Accounting Firms Association, a member of the Association of Malay Chartered Accountants Firms committee, a member of Malaysian Association of Tax Accountants, a fellow member of Chartered Tax Institute...
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StartUp Borneo and HIPMI KALBAR Strengthen Cooperation For Startup Community Empowerment in Borneo

StartUp Borneo and HIPMI KALBAR Strengthen Cooperation For Startup Community Empowerment in Borneo

HIPMI KALBAR and StartUp Borneo To Collaborate On Startup Community Development In Malaysia and Indonesia PONTIANAK (20 April 2018): StartUp Borneo first visits abroad to the neighboring country, Indonesia as the preferred first choice for its international engagement. Apart from the geographical state of the country which is adjacent to Malaysia, there is also a high value of entrepreneurship and creativity from the People of the Republic of Indonesia. Official visit by StartUp Borneo to the West Kalimantan, Pontianak Province was welcomed by the Association of Indonesian Young Entrepreneurs Association of West Kalimantan (Persatuan Himpunan Pengusaha Muda Indonesia Kalimantan Barat), HIPMI KALBAR, and many potential new collaborations explored by the two parties would be established especially in empowering Startup entrepreneurs in Borneo. The visit was attended by the StartUp Borneo delegates comprising of Abdul Qaiyum Alidin, Chairman, Mohd Nizam bin Ajim, Head of Corporate Relations and Foreign Relations Division, Mohd Safiq Saibi, Logistics Division. The collaboration between StartUp Borneo and HIPMI KALBAR is...
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