News & Reviews:   OPERATIONS

MBO Cinemas has officially announced that it will cease operations permanently, marking the end of one of Malaysia’s long-running cinema chains. In a public statement shared with customers, the company said it was making the announcement with heavy hearts after many years of serving moviegoers across the country.

Since early this year, the Sarawak government has taken over MASWings and renamed it AirBorneo. It will take a few more months for the airline to be fully operational, as according to Tan Sri Abang Johari Tun Openg at a recent corporate dinner event, it will begin regional jet operations by July 2026.

A few hours ago, our Prime Minister Anwar Ibrahim made a social post about Intel Corporation's latest investment. According to the Prime Minister, Malaysia’s semiconductor landscape received another major boost as Intel confirmed a new RM860 million investment to expand its installation and testing operations in the country.

2024 may seem like a year of recovery after the pandemic but that's not quite the case. A few hours ago, Reuters reported that Samsung Electronics will be cutting up to 30% of its overseas staff across various divisions, according to three sources from the industry.

Nikon Malaysia has officially announced on their Facebook page, stating that they will ceasing operations in Malaysia starting from 1 January 2021. With that being said, Nikon will appoint Futuromic Photo AV Sdn. Bhd. as well as QES (Asia Pacific) Sdn. Bdh. as their official sales, after-sales service, as well as distributor in Malaysia.