Thales announced on the 15th of September that it has signed a contract with a company named Global Komited to supply the Malaysian Armed Forces with two new air defence system missiles.
"ForceSHIELD will enable the Malaysian Armed Forces to replace the previously commissioned Thales STARBurst missile system. The STARStreak missile utilises the proven principle of high velocity to defeat threats with short unmasking time” media release said.
UK-based CEO Victor Chavez said he was delighted that Malaysia has decided to purchase ForceSHIELD as it will provide a world class, cutting edge capability.
Rail and Urban transport
The construction is expected to start as early as the first quarter of next year as the tender for the first package of construction will be out next month. The first package is for the 4km stretch to start from Sungai Buloh.
The 10 main construction packages of MRT 2 will consist of six in the open category and four in the bumiputra contractors category.
MALAYSIA’S high-speed rail (HSR) connecting Kuala Lumpur to Singapore is on track, with a new company under the Finance Ministry known as MyHSR Corp as the project owner and developer, SPAD remains as policymaker and regulator and continue on in active bilateral engagement with Singapore.
MyHSR Corp will provide G-to-G (government- to-government) support for SPAD in the bilateral discussions with Singapore to finalise the technical, commercial and bilateral agreement. Singapore and Malaysia will have immigration counters in Kuala Lumpur, Nusajaya and Singapore.
They will finalise the station and the alignment by performing a detailed environmental impact assessment, social impact assessment, soil investigation, and to perform land acquisition.
After getting input from all the stakeholders, MyHSR Corp will define the technical and service level specifications, and then translate them into the tender document for international open tender.
The tender for the HSR is expected to be done in two stages. The pre-qualifications are anticipated to be kicked off in the middle of next year, and the second stage will be towards the later part of next year.
They will also look at socioeconomic development opportunities to maximise the benefits of having HSR services and stations along the corridor, such as attract investments, employment and new, high-value industries.
MRCB George Kent Sdn Bhd will start awarding some 65 packages worth up to RM9 billion for the Light Rail Transit 3 (LRT3) project from early next year.
Pre-qualification for the main contractors is expected to open by February next year, followed by preliminary design work, design management and all procurement items.
The joint-venture company will call separately for tenders to appoint Bumiputera contractors for the LRT3.
Textile, Apparel, Fashion
Owned by Paris-based Jalou Media Group, this acclaimed and award-winning French title LOFFICIEL, renowned for its focus on high-end fashion and luxury lifestyle, was first launched in France over 90 years ago, and is now published in over 30 different countries around the world. Heart Media is the publisher of 8 fashion and luxury lifestyle titles including L’OFFICIEL Singapore.
Chief Executive Officer of Jalou Media Group Benjamin Eymere explains, “With a projected GDP growth of close to 6% in 2014, a population of 30 Million and a rising upper-middle class, Malaysia is establishing itself as a fashion and luxury shopping hub. True to its DNA, L’OFFICIEL is catering for sophisticated, wealthy and demanding consumers savvy with the latest fashion, jewellery & beauty news. Following the highly successful operation of LOFFICIEL Singapore, we trust that Heart Media who has established itself strongly throughout the region, will launch and position L’OFFICIEL Malaysia as a leading title in the country”.
The September 2015 issue of L’OFFICIEL Malaysia has been launched with a print-run of 25,000 copies together with a digital version.
Source : www.heart-media.com
PRASARANA Malaysia Bhd has appointed Malaysian Resources Corp Bhd (MRCB) and George Kent (M) Bhd as the project delivery partner (PDP) for the light rail transit three (LRT3), which is estimated to cost RM9bil. The tender for pre-qualification contractors would be opened in December.
Health, Medical devices
Sanofi and the life sciences team at Google announced their collaboration to improve care and outcomes for people with type 1 and type 2 diabetes. The collaboration will pair Sanofis leadership in diabetes treatments and devices with Googles expertise in analytics, miniaturized electronics and low power chip design. The companies will explore how to improve diabetes care by developing new tools that bring together many of the previously siloed pieces of diabetes management and enable new kinds of interventions. This includes health indicators such as blood glucose and hemoglobin A1c levels, patient-reported information, medication regimens and sensor devices.
Sanofi and the life sciences team at Google will combine their respective expertise in science and technology to work on better ways to collect, analyze and understand multiple sources of information impacting diabetes. The hope is that it will be easier for patients to successfully manage their diabetes, which would reduce the risk of complications, improve outcomes and ultimately lower costs.
UBIFRANCE, the French agency for international business development, comes under the aegis of France’s Ministry for the Economy, Industry & Employment. UBIFRANCE lies at the heart of France’s public-sector export support framework. With 64 Trade Commissions in 44 countries, UBIFRANCE offers a comprehensive range of products and services aimed at accompanying French-based companies in their development on export markets.