Latest news with #BCM
The Sun
13 hours ago
- Business
- The Sun
Malaysia sharpens its focus on becoming regional aerospace and shipbuilding hub
KUALA LUMPUR: Malaysia is sharpening its focus on becoming a regional aerospace and shipbuilding hub, banking on high value investment, technical capability and geostrategic positioning to elevate its industrial profile over the next decade. Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, chief executive officer of the Malaysian Investment Development Authority (MIDA), said the country is well positioned to serve as a competitive ASEAN aerospace base, driven by its strength in engineering, maintenance services and systems integration. 'At MIDA, our strategy hinges on high-quality investments, fostering local global partnerships and advancing key enablers such as industrial digitalisation and sustainability,' he said in an interview with Bernama. To date, Malaysia's aerospace sector has secured RM26 billion in approved investments, with more than 18,000 jobs generated, affirming the nation's growing significance in the regional aerospace value chain. In 2024 and the first quarter of 2025, the sector attracted RM1.5 billion spproved investments, of which 71.3 per cent was from foreign sources, with the remainder driven by domestic capital. These projects are expected to create more than 550 skilled jobs, primarily in aerospace manufacturing and maintenance, repair, and overhaul (MRO) services, particularly among Tier 1 and Tier 2 suppliers. Malaysia already hosts Boeing's only wholly owned manufacturing facility in Southeast Asia, Boeing Composites Malaysia (BCM), which produces composite parts for all Boeing commercial aircraft. President of Boeing Southeast Asia, Penny Burtt regards Malaysia as a valued partner across Boeing's commercial aviation, defence and services businesses. She said Boeing's efforts in Malaysia include advancing aviation safety, supporting sustainability initiatives, strengthening the supply chain, engaging the community and nurturing the aerospace workforce of the future. 'Boeing's 78-year presence in Malaysia is a testimony to our longstanding commitment to the country and the broader Southeast Asia region. BCM in Kedah, Boeing's first wholly owned manufacturing facility in Southeast Asia, taps the country's growing capabilities and talented workforce. 'Today, with all-Malaysian employees, BCM supplies composite products and subassemblies for all Boeing commercial airplanes,' she said. Strategic Shift to Maritime While aerospace remains the headline, Sikh Shamsul said Malaysia's ambitions extend offshore, while pointing to the shipbuilding and ship repair (SBSR) sector as an emerging pillar, underpinned by targeted investment and sustainability mandates. 'Malaysia should always remain vigilant of rising competition from lower cost yards in neighbouring economies such as Vietnam and Indonesia,' he said, adding that cost competitiveness alone will not secure the country's long-term standing. Instead, he said, Malaysia should start focusing on reducing reliance on foreign automation tools, by approaching local robotic manufacturing in Malaysia that could build a whole new automated system integration to improve productivity in the SBSR manufacturing landscape. Muhibbah Engineering (M) Bhd group managing director Mac Ngan Boon said Malaysia's geography gives the company a natural edge - over 4,600 kilometres of coastline and the domestic needs for various vessel and strategies. 'Innovation is central to our operations. We have adopted advanced technologies such as computer numerical control (CNC) laser cutting, virtual ship prototyping, and real-time simulations. These tools improve design precision, reduce production costs and enhance overall efficiency. 'We are also taking proactive steps towards sustainability, including exploring green vessel designs powered by solar and electric energy. These initiatives reflect our long-term commitment to building vessels that meet both market and environmental demands,' he said. Looking ahead, he said the group's upcoming Kuantan Maritime Hub will be a game-changer — featuring a larger shipyard, defence and training facilities, as well as maritime partners and vendors. 'This is part of our long-term strategy to strengthen the maritime ecosystem and position Malaysia as a future leader in the sector. 'We also aspire for Malaysia to place strong emphasis on developing the entire maritime industry — from establishing dedicated maritime institutes to cultivating the necessary talent and building a robust vendor and supply chain network' he said. Flagship Maritime Developments Taking Shape Malaysia is developing flagship projects such as Lumut Maritime Industrial City, Kuala Linggi International Port and Kuantan Maritime Hub to transition its maritime sector from traditional shipbuilding to advanced technologically integrated manufacturing and logistics, aiming to boost competitiveness, create jobs and foster sustainable practices. To date, MIDA has approved RM1 billion in investments for the SBSR sector. In the first quarter of 2025, the sector attracted an additional RM574.8 million, signalling sustained investor confidence. Industry growth has been driven largely by demand in the leisure and security vessel segments, with Malaysian yards now producing high specification yachts and defence-related boats. Exports have reached markets as diverse as Australia, Europe, Nigeria and Brazil. Charting a Dual-Engine Future With its twin ambitions in aerospace and maritime manufacturing, Malaysia is signalling a shift from cost-driven industrialisation to value-based engineering and strategic export leadership. As global supply chains recalibrate in response to geopolitical shocks and regional fragmentation, Malaysia must reframe its role as a high-trust systems integrator. This means anchoring local firms in design, integration, and value-added services — particularly for MRO, naval systems and advanced composite manufacturing. On the aerospace front, the country must accelerate its ambition to build sovereign capabilities in composite structures, avionics and sustainable aviation technologies. This requires stronger integration between SMEs and OEMs, not just as contract manufacturers but as co-development and IP-owning partners. Malaysia's strategy for these industries must adapt to global geopolitical changes, including; reconfiguring trade alliances, the emergence of dual-use technologies, and the trend of nearshoring, to define its desired strategic autonomy.
The Sun
13 hours ago
- Business
- The Sun
Malaysia sharpens its focus on becoming regional aerospace
KUALA LUMPUR: Malaysia is sharpening its focus on becoming a regional aerospace and shipbuilding hub, banking on high value investment, technical capability and geostrategic positioning to elevate its industrial profile over the next decade. Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, chief executive officer of the Malaysian Investment Development Authority (MIDA), said the country is well positioned to serve as a competitive ASEAN aerospace base, driven by its strength in engineering, maintenance services and systems integration. 'At MIDA, our strategy hinges on high-quality investments, fostering local global partnerships and advancing key enablers such as industrial digitalisation and sustainability,' he said in an interview with Bernama. To date, Malaysia's aerospace sector has secured RM26 billion in approved investments, with more than 18,000 jobs generated, affirming the nation's growing significance in the regional aerospace value chain. In 2024 and the first quarter of 2025, the sector attracted RM1.5 billion spproved investments, of which 71.3 per cent was from foreign sources, with the remainder driven by domestic capital. These projects are expected to create more than 550 skilled jobs, primarily in aerospace manufacturing and maintenance, repair, and overhaul (MRO) services, particularly among Tier 1 and Tier 2 suppliers. Malaysia already hosts Boeing's only wholly owned manufacturing facility in Southeast Asia, Boeing Composites Malaysia (BCM), which produces composite parts for all Boeing commercial aircraft. President of Boeing Southeast Asia, Penny Burtt regards Malaysia as a valued partner across Boeing's commercial aviation, defence and services businesses. She said Boeing's efforts in Malaysia include advancing aviation safety, supporting sustainability initiatives, strengthening the supply chain, engaging the community and nurturing the aerospace workforce of the future. 'Boeing's 78-year presence in Malaysia is a testimony to our longstanding commitment to the country and the broader Southeast Asia region. BCM in Kedah, Boeing's first wholly owned manufacturing facility in Southeast Asia, taps the country's growing capabilities and talented workforce. 'Today, with all-Malaysian employees, BCM supplies composite products and subassemblies for all Boeing commercial airplanes,' she said. Strategic Shift to Maritime While aerospace remains the headline, Sikh Shamsul said Malaysia's ambitions extend offshore, while pointing to the shipbuilding and ship repair (SBSR) sector as an emerging pillar, underpinned by targeted investment and sustainability mandates. 'Malaysia should always remain vigilant of rising competition from lower cost yards in neighbouring economies such as Vietnam and Indonesia,' he said, adding that cost competitiveness alone will not secure the country's long-term standing. Instead, he said, Malaysia should start focusing on reducing reliance on foreign automation tools, by approaching local robotic manufacturing in Malaysia that could build a whole new automated system integration to improve productivity in the SBSR manufacturing landscape. Muhibbah Engineering (M) Bhd group managing director Mac Ngan Boon said Malaysia's geography gives the company a natural edge - over 4,600 kilometres of coastline and the domestic needs for various vessel and strategies. 'Innovation is central to our operations. We have adopted advanced technologies such as computer numerical control (CNC) laser cutting, virtual ship prototyping, and real-time simulations. These tools improve design precision, reduce production costs and enhance overall efficiency. 'We are also taking proactive steps towards sustainability, including exploring green vessel designs powered by solar and electric energy. These initiatives reflect our long-term commitment to building vessels that meet both market and environmental demands,' he said. Looking ahead, he said the group's upcoming Kuantan Maritime Hub will be a game-changer — featuring a larger shipyard, defence and training facilities, as well as maritime partners and vendors. 'This is part of our long-term strategy to strengthen the maritime ecosystem and position Malaysia as a future leader in the sector. 'We also aspire for Malaysia to place strong emphasis on developing the entire maritime industry — from establishing dedicated maritime institutes to cultivating the necessary talent and building a robust vendor and supply chain network' he said. Flagship Maritime Developments Taking Shape Malaysia is developing flagship projects such as Lumut Maritime Industrial City, Kuala Linggi International Port and Kuantan Maritime Hub to transition its maritime sector from traditional shipbuilding to advanced technologically integrated manufacturing and logistics, aiming to boost competitiveness, create jobs and foster sustainable practices. To date, MIDA has approved RM1 billion in investments for the SBSR sector. In the first quarter of 2025, the sector attracted an additional RM574.8 million, signalling sustained investor confidence. Industry growth has been driven largely by demand in the leisure and security vessel segments, with Malaysian yards now producing high specification yachts and defence-related boats. Exports have reached markets as diverse as Australia, Europe, Nigeria and Brazil. Charting a Dual-Engine Future With its twin ambitions in aerospace and maritime manufacturing, Malaysia is signalling a shift from cost-driven industrialisation to value-based engineering and strategic export leadership. As global supply chains recalibrate in response to geopolitical shocks and regional fragmentation, Malaysia must reframe its role as a high-trust systems integrator. This means anchoring local firms in design, integration, and value-added services — particularly for MRO, naval systems and advanced composite manufacturing. On the aerospace front, the country must accelerate its ambition to build sovereign capabilities in composite structures, avionics and sustainable aviation technologies. This requires stronger integration between SMEs and OEMs, not just as contract manufacturers but as co-development and IP-owning partners. Malaysia's strategy for these industries must adapt to global geopolitical changes, including; reconfiguring trade alliances, the emergence of dual-use technologies, and the trend of nearshoring, to define its desired strategic autonomy.
Yahoo
2 days ago
- Business
- Yahoo
Boutique Agency Beeby Clark + Meyler Wins Prestigious AI Impact Award for Excellence in Consumer Targeting and Personalization
NEW YORK, June 18, 2025 /PRNewswire/ -- Beeby Clark + Meyler (BCM), a full-service AI-enabled performance marketing agency, proudly announces its recognition as the winner of the 2025 Newsweek AI Impact Award in the category of AI Marketing: Best Outcomes, Consumer Targeting and Personalization. This honor recognizes BCM's pioneering use of artificial intelligence to revolutionize marketing performance for brands in insurance, travel, entertainment, media, and IT. Transforming Advertising with AI-Driven PrecisionPresented by Newsweek, the AI Impact Awards celebrate organizations that use AI to produce meaningful business results. BCM's proprietary platform, Ventas AI, was designed to meet the growing demand for hyper-targeted, personalized, and performance-optimized marketing. Through advanced AI analytics, generative multivariate creative testing, and computer vision analysis, Ventas AI allows BCM to deliver more targeted and scalable advertising — driving superior outcomes for clients. "Winning the AI Impact Award is a testament to the power of combining cutting-edge AI with strategic insight," said Max Cammarota, Director of Performance Media at BCM. "Ventas AI has empowered our clients to achieve exceptional returns, streamline creative production, and engage new audiences more effectively. This recognition reflects our unwavering commitment to innovation and results-driven marketing." Ventas AI: Driving Measurable Marketing ResultsBCM's award-winning Ventas AI platform produces hundreds of optimized ad combinations using real-time creative analytics. Key client results include: Up to 30% lift in ROAS (Return on Ad Spend) Up to 13% increase in incremental revenue from non-click channels like Connected TV (CTV) and YouTube Up to 66% decrease in Cost Per Lead 229% year-over-year increase in creative output, delivering more diverse, effective ad variants tailored to distinct audience segments A Vision for AI-First MarketingBeeby Clark + Meyler continues to lead the integration of AI into performance marketing. The agency's approach doesn't just automate — it amplifies creativity, performance, and accountability through intelligent decision-making and machine learning. BCM will share further innovations at the 2025 Newsweek AI Impact Summit in Sonoma, California, on June 23rd where it joins top industry leaders in shaping the future of applied AI. About Beeby Clark + MeylerBeeby Clark + Meyler is an award-winning performance marketing agency that blends breakthrough creative strategy with proprietary AI solutions to drive measurable client success. With deep cross-industry expertise and a passion for innovation, BCM helps brands unlock transformative growth through data-informed marketing. Media Contact:Thomas BeebyPartner, Creative DirectorBeeby Clark + MeylerPhone: 914-400-4204Email: tbeeby@ Website: About the Newsweek AI Impact AwardsThe Newsweek AI Impact Awards honor organizations that are setting the standard for responsible and impactful use of AI across marketing, healthcare, finance, and more. Winners are selected for their innovation, implementation, and ability to drive real-world results. View original content to download multimedia: SOURCE Beeby Clark+Meyler Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Borneo Post
2 days ago
- Entertainment
- Borneo Post
Borneo Cultures Museum records 117,095 visitors from Jan-June 16 this year
Abdul Karim speaks to reporter. – Photo by Roystein Emmor KUCHING (June 18): The Borneo Cultures Museum (BCM) remains a key attraction in the state, having recorded 117,095 visitors from Jan-June 16, 2025, said State Tourism, Creative Industry and Performing Arts Minister, Dato Sri Abdul Karim Rahman Hamzah. He said since its official opening in 2022, the museum has welcomed a cumulative 1,354,275 visitors as of June 16 this year. Abdul Karim said other museums in the state such as the Petroleum Museum in Miri; the Islamic Heritage Museum; and Natural History Museum also contributed significantly to overall visitor numbers in Sarawak. 'As of June 16, these museums collectively recorded 79,575 visitors since January this year,' he told reporters after chairing a Sarawak Heritage Council meeting at a hotel here today. Abdul Karim said that each year, the Sarawak Museum Department strives to bring in world-class exhibitions that are both engaging and educational. 'These exhibitions are often intriguing, interactive and offer valuable learning experiences. Among the notable showcases previously hosted are 'The Moon', 'GAIA' and 'The Pristine Seas'. Each of these exhibitions has attracted thousands of visitors, and sparked curiosity across generations. 'Building on this momentum, the department is proud to unveil its next spectacular showcase: an exhibition on the sun titled 'Helios'. Set to launch in November, Helios promises to be a must-see highlight for science enthusiasts, families, and curious minds of all ages. 'With interactive elements, educational content and awe-inspiring displays, this exhibition will ignite wonder and spark conversations,' he said. On another note, he said the Sarawak Museum Department will participate in this year's national-level International Museum Day celebration in Kedah from July 23-29. 'This annual celebration aims to raise public awareness about the important role museums play in society's development. This year marks the 29th edition of the celebration, and a contingent of 34 staff members will represent the department. 'The contingent will set up an exhibition booth and participate in the inter-museum sports tournament, which involves museum staff from across Malaysia,' he said. Meanwhile, Abdul Karim said on Feb 12, 2025, the Sarawak Museum Department has successfully gazetted 14 historical sites, buildings, monuments and underwater spots as heritage sites under the Sarawak Heritage Ordinance 2019. These gazetted sites are Rumah Panjang Melanau Kampung Sok, Matu; Rumah Sri Tanjung, Tanjung Lobang in Miri; Sacred Heart Church, Sungai Bawan in Kanowit; Makam Dato Permaisuri, Miri; Pusara Ali Wallace, Kampung Jaie in Sadong Jaya; Kubur Shariff Skrang, Kampung Igan in Matu; Tapak Masjid Bandaraya Kuching; Tapak Pertempuran Beting Maro; Lombong Arang Batu Brook, Gunung Ngili in Simunjan; Batu Ritong in Pa Lungan, Bario; Tapak Pertempuran Kampung Jangkar, Lundu; Tuang Schist Semeba, Kuching; Folded Schist Demak, Kuching; and Japanese Landing Craft, Brighton Beach in Miri. Abdul Karim Rahman Hamzah Borneo Cultures Museum visitors
The Hindu
6 days ago
- Politics
- The Hindu
Panel constituted to examine Supreme Courts verdict's impact on recruitment process of the Tamil Nadu government
The State government has constituted a panel, headed by Justice (retd.) G.M. Akbar Ali, to examine the impact of the Supreme Court's verdict on its recruitment process and propose legal options to overcome issues arising out of the ruling. Traditionally, the State government had been preparing rank lists for government appointments, following a 200-point roster system. As part of the system, reservations were provided to candidates belonging to Backward Classes (BC), Backward Class Muslims (BCM), Most Backward Classes (MBC) and Denotified Communities (DNC), Scheduled Castes (SC), and Scheduled Tribes (ST). The system determined seniority and merit within the categories, giving regard for equitable treatment in promotion for all government employees. However, the practice was sought to be scrapped through the Supreme Court's direction on April 18, 2023. The State government had been asked by the Court to revise the seniority of the candidates directly recruited through the Tamil Nadu Public Services Commission (TNPSC) after March 10, 2003 on the basis of merit, as determined by the TNPSC in the selection process itself and not on the basis of roster point. Some of the government departments had begun complying with the Court's direction. To illustrate, in July and November 2023, the office of Commissioner of Treasuries and Accounts, issued orders revising the entry level seniority as per merit list sent by the TNPSC in respect of Accounts Officers who were directly recruited in the Tamil Nadu State Treasuries and Accounts Services (2007-2008). Hindering social justice opportunities However, concerns have been raised in certain quarters about 'hindering social justice opportunities' for various categories of government employees in promotion. Chief Minister M.K. Stalin, on April 29, made an announcement in the Assembly that a committee would be set up. To address these concerns, the panel will study the implications of the Supreme Court's direction and come up with solutions. It will have three months to prepare its report, according to an order issued by the State Human Resources Management department on June 11.
