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Sapura Energy’s Thailand Subsidiary Clinches RM500mil In New Contracts

KUALA LUMPUR: Sapura Energy Bhd announced that its wholly-owned subsidiary, Sapura Energy (Thailand) Ltd, has secured a series of contracts in Thailand valued at a total of RM500 million. In a filing with Bursa Malaysia, the group said the contracts include a work order from Chevron Thailand Exploration and Production Ltd and Chevron Offshore (Thailand) Ltd, along with service orders from PTT Exploration and Production Public Company Ltd and PTTEP Energy Development Company Ltd. The work order commenced in the third quarter of 2025 and is scheduled for completion in the fourth quarter of 2026. Meanwhile, the service orders began in the second quarter of 2025 and will run for five months. Sapura Energy noted that the contracts are expected to positively impact its earnings for the financial year ending January 31, 2026, and beyond, until the completion of the respective agreements.

News

Rhone Ma Subsidiary Wins RM15.64mil Contract To Supply Milk Processing Line

PETALING JAYA: Rhone Ma Bhd’s wholly-owned unit, Link Ingredients Sdn Bhd (LISB), has accepted a RM15.64 million contract from Jemaluang Dairy Valley Sdn Bhd to supply, fabricate, install, and commission a milk processing line. In a filing with Bursa Malaysia, Rhone Ma said the project involves setting up a 4,000-litre-per-hour processing line for fresh and recombined milk at the Jemaluang Dairy Valley Complex in Mersing, Johor. Jemaluang Dairy Valley is a joint venture between A2 Fresh Holdings Sdn Bhd and Kulim (Malaysia) Bhd. Rhone Ma owns a 49% stake in A2 Fresh Holdings. The contract will begin upon the agreement’s signing and is expected to be completed within six months after the factory site is handed over to LISB, pending the completion of civil works, infrastructure, and utilities. The site handover is currently projected for 2026.

Media OutReach

VinFast Indonesia to expand dealership network to 85 showrooms nationwide

JAKARTA, INDONESIA – Media OutReach Newswire – 26 July 2025 – VinFast, the Vietnamese Nasdaq-listed EV manufacturer, has officially signed agreements with 20 new dealership partners during the Gaikindo Indonesia International Auto Show (GIIAS) 2025. These agreements will bring VinFast closer to its goal of operating 100 dealership showrooms this year. This marks a strategic advancement for VinFast in its journey to conquer the Indonesian market, and underscores its commitment to delivering superior products and services to consumers across the archipelago. VinFast Indonesia Signs Partnership with New Dealers at GIIAS 2025, Expanding Showroom Network Nationwide. The 20 new VinFast dealership partners are highly reputable and capable enterprises in Indonesia’s automotive sector. They include PT Auto Green AAS, PT Ivan Dijaja Mandiri, PT Bimmeroom Mobil Indonesia, PT Alto Anugerah Abadi, PT Prestisius Indonesia, and PT Mega Central Autoniaga, etc. Each partner was meticulously selected based on their strong market position and extensive experience in strategic regions. According to the signed dealer agreements and Memoranda of Understanding, the 20 new dealerships are expected to operate a total of 38 VinFast showrooms, which will progressively become operational from the time of signing until the end of 2026. Meanwhile, existing dealerships will open an additional 23 showrooms, bringing the total number of dealerships in VinFast’s retail network in Indonesia to 34 dealerships and expected 85 showrooms. The strategic collaboration with these trusted partners is expected to significantly accelerate VinFast’s expansion, swiftly establishing a comprehensive distribution and service network across Indonesia’s key regions, expanding VinFast’s presence to 19 provinces and 41 cities in Indonesia. This move aims to ensure VinFast’s smart EVs are readily accessible to a broad spectrum of Indonesian consumers, while simultaneously reinforcing an international-standard after-sales service system in pivotal population centers. Throughout the entire cooperation process, VinFast is committed to providing maximum support to its authorized dealers. This includes implementing comprehensive and continuous training programs for dealership personnel, equipping them with solid professional knowledge about products, technology, and maintenance and repair procedures in accordance with VinFast’s global standards. Mr. Ivan Farrel Djayaprawira, Director of PT Ivan Djaja Mandiri, stated: “As a strategic partner of VinFast, we are proud to contribute modern infrastructure, superior capabilities, established reputation, and deep understanding of the Indonesian market. Joining VinFast in its journey to accelerate the global green revolution, we have strong confidence in the explosive potential of electric vehicles and VinFast’s prospects here. We are committed to creating optimal value for a mutually beneficial partnership, thereby delivering top-quality electric vehicle products and services that best meet customer needs.” Mr. Kariyanto Hardjosoemarto, CEO of VinFast Indonesia, shared: “With VinFast’s comprehensive support for our dealership partners, we are committed to ensuring that every customer in Indonesia will always experience professional consulting services and outstanding after-sales policies, providing absolute peace of mind when purchasing and owning a vehicle. In the spirit of this strong cooperation, VinFast and our dealership network will unite to work towards the goal of creating a green mobility future for Indonesia, actively contributing to the nation’s EV development roadmap and delivering practical, meaningful value to society.” VinFast is accelerating its retail network expansion amidst a continuously growing range of products in the Indonesian market. In just over a year since officially entering the market, VinFast has swiftly introduced a diverse product lineup covering the most popular segments, from the VF 3, VF 5, VF 6 to the VF e34, and most recently, the VF 7. These products are all offered with exceptionally attractive sales and after-sales policies, such as complimentary charging at V-GREEN charging stations and 0% interest financing support for vehicle purchases. Simultaneously, VinFast continues to foster partnerships with after-sales service providers, workshops, and banks, maximizing convenience for Indonesian consumers transitioning to green mobility./. Hashtag: #VinFast https://vinfastauto.id/ The issuer is solely responsible for the content of this announcement.

Media OutReach

Trade smarter: using volatility to maximise potential on OctaTrader

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 26 July 2025 – Volatility is what makes trading possible. It fuels every market movement and creates opportunities where none existed a moment before. Without it, the concept of trading as it stands today would simply not exist. As the pulse of the market, volatility shapes the ebb and flow of price dynamics—sometimes driven by trading itself, sometimes setting the pace for it. This article explores what volatility is, why it matters, and how to harness it effectively with OctaTrader, the proprietary platform developed by the globally trusted broker, Octa. Volatility as a Key Trading Factor In simple terms, volatility measures how much a financial instrument’s price changes over a certain time period. Volatility is like the market’s heartbeat—a strong, fluctuating pulse indicates high volatility, while a slow, steady rhythm suggests low volatility. In the Forex market, volatility essentially tells a trader how much a currency pair like EUR/USD or GBP/JPY is bouncing around, and it is this movement that traders thrive on. In other words, volatility is not just a statistical measure: it’s the very essence of opportunity and risk. Whether scalping for quick pips, riding longer trends, or holding positions for weeks, volatility has a direct impact on trading strategies. Every trader should know or at least partly understand the level of volatility of the instrument that they are currently trading. This knowledge will enable a trader to: Maximise trading potential. Larger price swings mean more significant potential gains (or losses). High volatility can signal breakout opportunities or strong trends. Manage risk more effectively. Knowing volatility helps to set adequate stop-loss and take-profit orders. In a volatile market, a trader might need wider stops to avoid getting whipsawed. Improve entry time. Low volatility might mean a market is ‘resting’ before a big move, while high volatility could signal overbought or oversold conditions. When professional traders talk about volatility, they often refer to ‘implied annual volatility’. This is a forward-looking measure, representing the market’s expectation of how much an asset’s price will fluctuate over a year. It is derived from options prices and is annualised to a percentage. While calculating implied volatility often involves complex pricing models, a simpler way for a retail trader to grasp volatility is to look at historical price movements. For example, if a currency pair has consistently moved an average of 80 pips per day over the past month, its daily volatility for that period could be considered to be 80 pips. However, volatility isn’t just about raw price changes; it’s relative. A trader cannot just look at today’s price swings in isolation. Instead, comparing price movements against historical data helps determine whether the market is unusually calm or wildly active. For example, if EUR/USD moves 50 pips a day on average but suddenly jumps 150 pips, that’s high volatility compared to its norm. At the same time, a 100-pip move in a currency pair might be considered high volatility on a quiet trading day, but completely normal during a major economic data release. In other words, volatility can only truly be understood in relation to historical price action. Measure the pulse: volatility indicators on OctaTrader Calculating volatility manually requires determining the average closing price of a particular asset over a selected period, then measuring deviations by subtracting the average from the latest closing price, squaring the deviations to eliminate negative values, summing them, dividing the total by the number of periods analysed, and finally taking the square root. This method is not only complex but also time-consuming. Recognising the crucial role of volatility calculation, Octa, a globally regulated and trusted broker, has equipped its traders with the right tools. Specifically, Octa has developed a proprietary trading platform, OctaTrader, which not only allows traders to place orders in the market, but also provides robust analytical capabilities. For measuring market volatility, OctaTrader has integrated several popular and effective indicators that help a trader gauge the market’s pulse: Average True Range (ATR), Bollinger Bands (BB), and Standard Deviation (SD). Let’s break them down and see how they work in practice. OCTA TRADER INTERFACE – VOLATILITY INDICATORS (XAUUSD, 30-MINUTE TIMEFRAME) Bollinger Bands (BB): These bands consist of three lines: a simple moving average (the middle band) and two standard deviation lines (upper and lower bands) plotted above and below it. How it works: The bands widen when volatility spikes and contract when it drops, giving a trader a visual snapshot of market action. When prices touch or break out of the bands, it can signal overbought or oversold conditions, or the potential for a new trend. Practical use: BBs are great for spotting anomalous conditions in the market. If the price touches the upper band, it signals that a trading instrument could be overbought and due for a pullback. If it dips below the lower band, it could be oversold, signalling a potential rebound. In other words, BBs are useful for mean-reversion strategies, where traders expect prices to return to the moving average within the bands. Average True Range (ART): This indicator measures market volatility by calculating the average range between high, low, and closing prices over a specified period. It is called ‘true range’ because it accounts for gaps and wild price swings. How it works: ATR gives a trader a single number to gauge volatility, making it especially practical to set stop-losses. Practical use: A higher ATR means higher volatility and bigger price swings, so a trader would need to apply wider exit points to avoid getting stopped out prematurely. A lower ATR suggests lower volatility and narrower price ranges. If the ATR for XAU/USD is 25 pips, a trader might set a stop-loss 1-2 times the ATR (50-100 pips away from the entry point) to give the trade some room to run. ATR is also a great tool for understanding the ‘normal’ daily or hourly movement of a currency pair. Standard Deviation (SD): This is an advanced statistical indicator that measures how much a financial

Media OutReach

Interea Announces New Office Space to Support Growing Operations

SINGAPORE – Media OutReach Newswire – 26 July 2025 – Interea has announced its relocation to a new office and showroom located at 37 Jalan Pemimpin, Mapex #02-10. The move supports the interior design and renovation company’s operational expansion and offers improved facilities for both employees and clients. Cozy modern living room Designed by Interea Pte Ltd Features of the New Space The new space is approximately 2.5 times larger than the previous office and includes a showroom that allows homeowners to better visualise design concepts. Its proximity to public transport also makes it more accessible for client visits and consultations. This relocation aligns with Interea’s growing team size and project volume. The enhanced space is intended to support day-to-day design processes and operations while also providing an environment for staff to collaborate and recharge. “As our team continues to grow, it is important to move into a space that supports both our operations and our design process,” said Cris Cen, Manager from Interea. “The new showroom also gives clients a clearer sense of what their future space could look like, making discussions more productive and grounded.” An opening event is scheduled for 21 July 2025, with refreshments provided. The company has communicated the move via social media and direct outreach. All existing phone numbers and email addresses remain unchanged. Recognition by Sixides: Awarded Favourite ID of June 2025 Alongside the relocation, Interea was recently recognised by home renovation platform Sixides with two awards: Favourite ID of June 2025 Excellence in Interior Design and Renovation Sixides is known for its vetting of interior design firms, aims to help homeowners make informed decisions by highlighting firms that meet certain service and quality benchmarks. One firm is selected each month based on a combination of voting by homeowners and internal criteria set by Sixides. “Being recognised by a platform like Sixides is meaningful, especially because the selection is based on both homeowner feedback and clear quality standards,” said Cris Cen, Manager from Interea. “It reflects how we consistently weave in design processes that prioritise functionality, aesthetics, and client needs.” As of June, Interea was selected from a pool of over 140 listed firms. The recognition reflects ongoing efforts to deliver proper design processes and respond to client needs. While Interea is a relatively new entrant, its inclusion in the monthly selection is considered a notable development given the competitive nature of the platform. A feature about the award will be published on Sixides’ official social media channels. Interea will also provide updates through its own platforms to inform clients and partners. Hashtag: #IntereaPteLtd #InteriorDesign #ShowroomOpening #OfficeExpansion #SixidesAward https://www.facebook.com/intereasghttps://www.instagram.com/intereasg/ The issuer is solely responsible for the content of this announcement. About Interea Pte Ltd Interea specialises in bespoke interior design in Singapore. Established in 2021, it offers renovation and design services across a range of commercial and residential projects. It emphasises structured design processes to ensure both creativity and functionality in every space.

Energy & Technology

BYD Targets Budget EV Market With Atto 1 Launch In Indonesia

TANGERANG, Chinese electric vehicle manufacturer BYD has introduced its most affordable electric car to date, the Atto 1, in the Indonesian market. Unveiled at the Gaikindo Indonesia International Auto Show (GIIAS) on Wednesday, the compact EV is priced below Rp 200 million (approximately US$12,270). Also known globally as the BYD Seagull, the Atto 1 makes its ASEAN debut in Indonesia, which will serve as the launchpad for its regional expansion. The move reflects BYD’s strategy to capture demand in the underpenetrated entry-level EV segment across Southeast Asia. “This debut in Indonesia marks the Atto 1’s first appearance in ASEAN. Pre-orders are now open,” said Nathan Sun, Operations Director at BYD Motor Indonesia. The Atto 1 comes in two variants: Dynamic – Priced at Rp 195 million (~US$12,000), with a range of up to 300 km Premium – Priced at Rp 235 million (~US$14,800), with a range of up to 380 km These price points make the Atto 1 BYD’s most accessible model in Indonesia, significantly undercutting the prices of its existing models such as the Seal (from Rp 629 million), Atto 3 (Rp 515 million), and Dolphin (Rp 425 million). With competitive pricing and increasing consumer interest in EVs, the Atto 1 is expected to strengthen BYD’s foothold in Indonesia. EV adoption in the country—Southeast Asia’s largest automotive market—has doubled to 10% in the first half of 2025, up from 5% during the same period last year.

News

Alibaba Launches Strategic Initiative To Support Local SMEs In Expanding Globally

KUALA LUMPUR, Malaysian small and medium-sized enterprises (SMEs) looking to enter global markets are set to benefit from a new initiative by Alibaba Group, which has launched a targeted support package to accelerate their international growth. The e-commerce giant has introduced the Performance Guaranteed Package, aimed at helping newly onboarded Malaysian SMEs strengthen their footprint in global B2B trade. Rocky Lu, Head of Alibaba’s Malaysia business, said the initiative goes beyond a typical promotional campaign—it’s a strategic step to help local SMEs connect more effectively with international buyers. “With this package, we want to empower Malaysian suppliers to boost their presence in global trade and build greater resilience in today’s rapidly evolving supply chain environment,” he said in a statement. Exclusively available to Malaysian suppliers who joined Alibaba within the last three months, the package offers guaranteed product exposure, complimentary product optimisation, and priority access to training and support sessions. The initiative comes as global B2B e-commerce is projected to hit US$20.9 trillion (RM88.15 trillion) by 2027. Aligned with this trend, Malaysia has set a national target of RM1.65 trillion in e-commerce transaction value by 2025 under the National e-Commerce Strategic Roadmap led by Malaysia Digital Economy Corporation (MDEC). One of the early success stories from the package is Wemb’s Marketing (Malaysia) Sdn Bhd, a local food company that has grown its sales by over 70% since joining Alibaba. The company now exports to more than 30 countries and provides end-to-end services. “Our global reach was limited before. With Alibaba, our products quickly found new markets worldwide. The platform gave us visibility, tools, and support that allowed us to scale faster than we imagined,” said Director Goh Zhi Yan. “It truly made global digital B2B trade accessible for Malaysian SMEs like ours.”

News

Singapore’s Indonesia Airlines Still Awaiting Operating Permits, Says Transport Ministry

JAKARTA, Indonesia Airlines, a Singapore-based carrier backed by Calypte Holding, has not yet secured the necessary regulatory approvals to begin operations, according to Indonesia’s Ministry of Transportation. As a result, its planned soft launch this month has been delayed. The Directorate General of Civil Aviation (DGCA) stated that the airline has not completed the verification process for key standard certificates via the Online Single Submission (OSS) system and the Integrated Aviation Licensing System (SIPTAU). Without verified documents, the airline is not legally permitted to operate. “Unverified status indicates the process is still incomplete. Without the required documentation, no permits will be granted, and the airline cannot commence operations,” said DGCA Director General Lukman F. Laisa in a statement. A major missing requirement is a comprehensive business plan detailing the airline’s fleet acquisition strategy, operational areas, organizational structure, financial capacity, and service roadmap for the next five years. Without this, the ministry cannot move forward with verifying and approving the airline’s application. “There are no shortcuts to starting an airline. Beyond administrative paperwork, it’s about ensuring operational readiness and safety compliance,” Lukman stressed, underscoring the importance of public transparency. Indonesia Airlines, which plans to exclusively operate international routes and bypass the domestic market, originally targeted a November 2024 launch. However, earlier delays related to aircraft cabin modifications had already pushed that timeline back. CEO Iskandar Ismail previously said Calypte Holding signed a €46.2 million deal in March to acquire a majority stake in Indonesia Airlines, supported by a €12.8 billion funding commitment. The airline has also attracted investment interest from Australia, China, and Thailand. Its fleet plans include 20 modern aircraft—10 Airbus A321neo or A321LR for medium-haul routes, and 10 Airbus A350-900 and Boeing 787-9 aircraft for long-haul operations—as it seeks to challenge regional carriers with a bold, international-only model.

Investment & Market Trends

Nestlé Malaysia’s Q2 Profit Rises 20% On 9.5% Growth In Revenue

KUALA LUMPUR, Nestlé (Malaysia) Bhd recorded a 20% year-on-year increase in net profit to RM112.1 million for the second quarter ended June 30, 2025, up from RM93.6 million in the same quarter last year. The improved performance was driven by stronger sales and effective cost control. Quarterly revenue rose 9.5% to RM1.67 billion, compared to RM1.52 billion previously, supported by sustained domestic demand and robust export performance. In a filing with Bursa Malaysia, the company attributed the growth to its strong global standing, particularly as the Nestlé Group’s largest Halal manufacturing hub. It also cited continued focus on quality, taste, and nutrition as key factors behind its strong brand loyalty in a dynamic market environment. Nestlé Malaysia declared an interim dividend of 70 sen per share—unchanged from last year—with payment scheduled for October 2. Chief Executive Officer Juan Aranols expressed confidence in maintaining growth momentum and achieving further profit recovery in the second half of 2025 (2H25). “We remain alert to geopolitical uncertainties that may affect the business environment in Malaysia,” he said. “Nonetheless, we are fully committed to delivering high-quality, nutritious Halal products under the nation’s most trusted and beloved brands.” Aranols added that the company will continue to accelerate its digital transformation and enhance operational efficiency to support investments in branding and innovation. These efforts will be guided by a deep understanding of Malaysian consumer values and a strong commitment to community and environmental impact.

Energy & Technology

China’s Sinopec Inks Deal To Explore Gas Block In Algeria

SINGAPORE, Chinese state-owned oil and gas giant Sinopec Group has signed a contract to explore a natural gas block in Algeria that may hold significant shale gas reserves. The agreement, signed earlier this week between Sinopec International Petroleum Exploration & Production Corporation (SIPC) and Algeria’s state energy firm Sonatrach, covers the exploration and development of the Guern El Guessa II (GEG) block. The block spans 36,000 square kilometres in the Gourara-Timimoun Basin in southwestern Algeria and was awarded to Sinopec last month through an international tender. Sinopec, formerly known as China Petrochemical Corp, stated in June that while the GEG block has proven conventional gas resources, it also shows strong potential for shale gas development. Before submitting its bid, Sinopec conducted extensive evaluations of the block, drawing on its technical expertise and integrated capabilities in unconventional oil and gas exploration. The company is one of China’s pioneers in shale gas development, operating the Fuling field in southwest China — the country’s largest shale gas project. The GEG deal follows a previous US$850 million agreement in February, under which Sinopec and Sonatrach partnered to jointly develop the Hassi Berkane-North field. Separately, another Chinese energy firm, Zhongman Petroleum and Natural Gas Company (ZPEC), announced this week that it has also signed a contract to explore and develop Algeria’s Zerafa II natural gas block, after securing the tender last month, according to an official statement on its WeChat platform.

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