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Astro ends ties with Bloomberg TV Malaysia

Pay-TV operator Astro Malaysia Holdings Bhd has stopped broadcasting Bloomberg TV Malaysia (BTVM) programmes on Channel 519 since the beginning of July.

Astro said BTVM’s two regular programmes – Moving Malaysia and Dashboard – would be replaced by other Bloomberg TV programmes.  According to an industry official, Astro had sent out a note to its operations staff informing them that BTVM would no longer be aired from early July.

Channel 519 also carries Bloomberg TV’s other programmes, including Bloomberg Markets and Daybreak Asia. BTVM’s slot was for a few hours in a day.

Industry sources said BTVM and Astro have disagreements over several issues that could possibly lead to legal suits.

BTVM chief executive officer Michael Chan when contacted declined to comment on the reasons for the severance with Astro as he said there could be potential legal repercussions. Sources said BTVM was expected to call for a meeting with its staff to brief them on the developments.

In the meantime, it is learnt that a number of people have left BTVM, including its chief operating officer Alain Roger Poirier.

BTVM’s Chan said BTVM content would be available on the impending MYTV platform.

“Its business as usual for us, waiting for MYTV to launch, which is delayed for a bit,” he said.

MYTV is a digital terrestrial television platform owned and operated by MYTV Broadcasting Sdn Bhd, a company that has been given the rights to operate digital terrestial infrastructure in the country but has yet to take off.

Currently, Telekom Malaysia Bhd’s HyppTV carries BTVM content, with the content also available on the BTVM website, YouTube and on mobile app.

Chan said that the potential larger reach of MYTV convinced BTVM on the need to move to another platform.

Replying to a question on whether weak advertising revenue was the reason for BTVM to pull out of the Astro platform, he said internal targets for advertising revenue has been exceeded while others have experienced cuts.

Enmedia Ventures Sdn Bhd, a private vehicle of Tan Sri Mohd Effendi Norwawi, a former politician from Sarawak and federal minister, own the rights to BTVM. It was first aired on channel 519 on April 11 last year with the digital platforms launching a month earlier.

There were some difficulties in getting it off the ground, with both Effendi, also BTVM’s chairman, and Chan planning to “go live” in late-February 2014. The partnership with Bloomberg LP was first announced in December 2013.

Bloomberg TV Indonesia (BTVI) folded last year August after running into financial difficulties, reports showed. BTVI was a joint venture set up in 2012 between Bloomberg and Idea Group.

Bloomberg itself has a presence in Singapore and last year in March signed a partnership with TV5 Network Inc and Cignal TV Inc, both under MediaQuest Holdings Inc, the media arm of PLDT Inc, the largest Filipino telecommunications and digital services provider.

source from<>http://www.thestar.com.my/business/business-news/2016/07/28/astro-ends-ties-with-bloomberg-malaysia/

Indian startup Practo expands to Malaysia

Bangalore-based health-tech startup Practo has launched its services in Malaysia, the fourth market in South-East Asia after Singapore, Philippines and Indonesia.

"We are really excited to enter Malaysia and help millions of consumers make better healthcare decisions. This is our fourth market in Southeast Asia after Singapore, Philippines and Indonesia," said Shashank N D, Founder & CEO, Practo.

The company has started with bringing online 350 clinics and 500 doctors on its platform in the city of Kuala Lumpur. It has a 15-member team in Kuala Lumpur and will expand it as it widens its footprint across Malaysia.

Going forward, Practo plans to list all private practitioners in Kuala Lumpur on its platform over the next few weeks and also roll out other health and wellness products for customers in Malaysia in the next few months.

source: business-standard

image source: knowstartup

JinkoSolar Holdings in Malaysia

JinkoSolar Holdings, the leading Chinese solar photovoltaic module and cell manufacturer has announced its plans to set up a new production facility in Malaysia.

The plant will be set up at 500 MW of solar PV module and 450 MW cell manufacturing unit in Penang, Malaysia. The initial phase is expected of 100 MW will be in operation by this may. The company has signed a tenancy agreement with Nation gate Technology.

Few solar PV module manufacturers has been shifted to Malaysia over the last few months. Hanwha Q Cells had announced job cuts at its German production units and shifting of the manufacturing base from Europe to Malaysia earlier this year.

Malaysia’s Sustainable Energy Development Authority (SEDA) has decided to attain the target of 5% to 24% of electricity generated from renewable energy sources by 2015to 2050.The  solar power is expected to the most dominant renewable energy technology in the country’s future energy mix.

As per the new tariff regulations of 2011, small-scale solar power projects are eligible for tariff of up to $0.34 per kWh while larger projects with capacity of over 1 MW are eligible to receive $0.23-0.26 per kWh.

Malaysia represents an excellent market opportunity in the stream of utility-scale projects and solar PV power projects in both small as large scale industries to bypass the anti-dumping duties levied by Europe and the US.

Earlier this week, JinkoSolar also announced a finance leasing deal with China Development Bank Leasing Limited to develop 1 GW of solar PV capacity over the next 5 years.

Source from: http://cleantechnica.com/

Importers Exporters Malaysia, Malaysian Importers Exporters, Malaysian importers Directory, Malaysian exporters Directory

The Malaysian exporters and the importers are found to be the emergent business partners for various countries. The target of the Malaysian exporters is to increase the economy of Malaysia. Mean while, the Malaysian importers target to purchase business goods or services from various countries to satisfy their business needs. Malaysia promotes their exports in their international global market place. So that, they can register their presence with the global public. 

The main exports of Malaysia are crude petroleum, copper, coal,electrical & electronic products, palm oil, liquefied natural gas, petroleum, chemicals, machinery, optical & scientific equipment, manufactures of metal, rubber, wood and wood products.
Malaysian export partners are Singapore, China,Japan, Thailand, Hongkong, United states, India and Australia. Singapore contributes the most with nearly 13% followed by china, japan and Thailand as per the recent survey.  

The main imports of Malaysia are electrical & electronic products, machinery, chemicals, petroleum, plastics, vehicles, manufactures of metal, iron and steel products. The main import partners of Malaysia are China, Singapore, japan, United states and Thailand where china contributes the most with nearly 14% as per the recent survey. Bizbilla have wide range of Malaysian importers and exporters to expand your business in the global b2b market place.