At Illinois Tech, energy innovation and entrepreneurship have new home

At Illinois Tech, energy innovation and entrepreneurship have new home

Illinois Institute of Technology's 70,000-square-foot, $37 million innovation center, the Kaplan Institute, opened last month. With a collaborative approach, the center’s leader aims to foster the development of ambitious clean energy solutions. Illinois Institute of Technology opened the doors to a 70,000-square-foot, $37 million innovation center last month that will be home to ambitious industrial collaborations, where engineering students will partner with faculty and businesses to collaborate on big-picture ideas — from electric cars and grid management to the internet of things. Leading the project is Howard Tullman, Chicago’s serial entrepreneur and longtime leader of 1871, another innovation center. He said…
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Political stability may be behind Shell’s recent shift to Sarawak, says analyst

Political stability may be behind Shell’s recent shift to Sarawak, says analyst

KOTA KINABALU: An analyst believes Shell’s decision to downsize its operations in Sabah and move its personnel into Sarawak was partly driven by the political stability in the latter. Sociopolitical analyst Awang Azman Pawi said the stability of the state government under the leadership of Chief Minister Abang Johari Openg has managed to instill foreign and local investors’ confidence in Sarawak. “This has (particularly) attracted foreign investors to pump more investments into Sarawak and this can also be attributed to this latest move by Shell (in Sabah),” he told FMT. “The repositioning of Shell’s focus (back) to Miri is because…
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Sesa laying framework for esports devt in Sarawak

Sesa laying framework for esports devt in Sarawak

KUCHING: Sarawak Esports Association (Sesa) yesterday appreciated the remarks of Youth and Sports Minister Datuk Seri Reezal Merican Naina Merican that Sarawak is serious in developing the esports industry in the state. The minister commended the initiative taken by Sesa and the private sector in setting up the Sesa Mini Esports Hub at D-Virtual Park in Kota Samarahan recently. “This esports arena covers 7,000 sq ft and is equipped with 60 gaming computers, six streaming rooms, as well as rooms for holding conferences, discussion and management,” Reezal said during his ministerial winding-up speech in Parliament on Wednesday. “Apart from the…
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Visi di sebalik penubuhan D-Virtual Park

Visi di sebalik penubuhan D-Virtual Park

‘D-Virtual Park’ Kota Samarahan merupakan taman tema maya yang pertama seumpamanya di rantau. Ia bakal memberikan pengalaman yang menarik kepada masyarakat Borneo mendalami lebih dekat kecanggihan teknologi digital dalam era Revolusi Perindustrian 4.0. Menelan kos bernilai RM13 juta D-Virtual Park telah membawa nama Sarawak ke peta dunia. Menerusi satu temu bual eksklusif wartawan Suara Sarawak ALWIN LAWRENCE bersama Pengarah Urusan dan Ketua Pegawai Eksekutif Serba Dinamik Holdings Bhd, DATUK DR IR MOHD ABDUL KARIM ABDULLAH, baru-baru ini yang berkongsikan matlamat, hala tuju dan pengalamannya membangunkan D-Virtual Park ini. SUARA SARAWAK: Disebabkan tempoh PKPP kini, bagaimana dan bila D-Virtual Park akan dapat…
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Serba Dinamik finds opportunities in the North Sea

Serba Dinamik finds opportunities in the North Sea

KUALA LUMPUR: Serba Dinamik Holdings Bhd's latest acquisition could serve as a cornerstone for the group to build its operations and penetrate the North Sea Market, says AmInvestment Bank research. The research house, which has a "buy" call and fair value of RM2.20 on Serba Dinamik, said the purchase of Wellahead Engineering is in line with the group's expansion strategy. "The group remains on the prowl for further value-enhancing acquisitions to expand its oil & gas maintenance-focused expertise and technical capabilities into existing markets while aggressively venturing into new geographical locations," it said. The UK's Daily Business reported that Serba…
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Petronas sells Teluk Ramunia yard to Serba Dinamik

Petronas sells Teluk Ramunia yard to Serba Dinamik

KUALA LUMPUR: Serba Dinamik Holdings Bhd has purchased Petroliam Nasional Bhd’s (Petronas) fabrication yard in Teluk Ramunia, Johor, for RM320 million. The global integrated engineering services provider said the 68.78-hectare yard had the capacity to perform steel fabrication of offshore platforms and other structures of up to 50,000 tonnes. “Due to its close proximity with Petronas’ Refinery and Petrochemical Integrated Development (RAPID), an integrated oil and gas hub in Pengerang, the proposed acquisition represents an opportunity for the Serba Dinamik group to venture into the marine and offshore services segment in a strategic location,” the offshore upstream player said in…
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World Business Council for Sustainable Development launches Malaysia chapter

World Business Council for Sustainable Development launches Malaysia chapter

Roberto Benetello KUALA LUMPUR (May 21): The Malaysian chapter of the Business Council for Sustainable Development (BCSD) has been launched. In a statement, BCSD Malaysia said it was launched today during a roundtable session attended by over fifty C-level representatives of large Malaysian companies. The local chapter of the World Business Council for Sustainable Development (WBCSD) — a CEO-led organisation of over 200 forward-thinking global companies, representing combined revenues of US$8.5 trillion and 19 million employees — aims to connect companies, sectors, and different stakeholders to deliver results that companies alone cannot deliver. With the wealth of knowledge and expertise…
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US$5 bil oil refinery, airport in Lawas to be game changer

US$5 bil oil refinery, airport in Lawas to be game changer

Source: Published by O&G LINKS from Borneo Post Online on November 30, 2019 KUCHING: The proposed US$ 5 billion oil refinery in Lawas would be a game changer for development in the northern region of Sarawak and Sarawak economy as a whole once completed, said Chief Minister Datuk Patinggi Abang Johari Tun Openg. Abang Johari said the refinery complex should be completed by 2022 if the current negotiation and preparations were proceeding as scheduled. He made these remarks during a briefing at the Sinopec oil refinery complex in Hainan today. A statement today said the chief minster was leading a…
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US$5 bil oil refinery, airport in Lawas to be game changer

US$5 bil oil refinery, airport in Lawas to be game changer

Source: Published by Lim How Pim from Borneo Post Online on November 30, 2019, Saturday at 5:07 PM. Abang Johari (front row, fourth right) and other members of his delegation pose for a group photo. KUCHING: The proposed US$ 5 billion oil refinery in Lawas would be a game changer for development in the northern region of Sarawak and Sarawak economy as a whole once completed, said Chief Minister Datuk Patinggi Abang Johari Tun Openg. Abang Johari said the refinery complex should be completed by 2022 if the current negotiation and preparations were proceeding as scheduled. He made these remarks…
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Borneo can be an economic powerhouse in Asia, says Shafie

Borneo can be an economic powerhouse in Asia, says Shafie

Sabah Chief Minister Datuk Seri Shafie Apdal said the island of Borneo, which is shared by three countries including Malaysia, has the potential to be an economic powerhouse in the Asian region. — Bernama pic TARAKAN (Indonesia), Oct 2 — The island of Borneo, which is shared by three countries including Malaysia, has the potential to be an economic powerhouse in the Asian region, said Sabah Chief Minister Datuk Seri Mohd Shafie Apdal. He said the area, covering Sabah dan Sarawak, Kalimantan dan Brunei, was rich with natural resources, particularly oil and gas. The island’s proximity to China and South…
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