Latest news with #NEO
New Straits Times
a day ago
- Business
- New Straits Times
Johor forges strategic pact with Japan's NEOJAPAN to build Asean digital talent hub
jashadiqe@ ISKANDAR PUTERI: Johor state government has taken a bold step to anchor itself as Asean's next digital powerhouse by sealing a strategic partnership with Japanese tech firm NEOJAPAN Inc today (June 19). The MoU inked between Invest Johor chief executive officer Natazha Harris and the Yokohama-based digital solutions provider president Akinori Saito, will pave the way for the Southeast Asian Centre of Excellence (SEA CoE) to be establish within the Johor-Singapore Special Economic Zone (JS-SEZ). Witnessed by Prime Minister Datuk Seri Anwar Ibrahim, Johor Menteri Besar Datuk Onn Hafiz Ghazi, Japan's Economy Minister Yoji Muto and Japanese ambassador to Malaysia Noriyuki Shikata, the agreement was formalised on the sidelines of the Nikkei Forum Medini Johor 2025. The SEA CoE will serve as a regional training and innovation hub, aiming to upskill more than 1,000 local tech talents in areas such as cloud infrastructure, multilingual IT support and no-code development. The initiative is also set to generate 300 high-skilled jobs, boosting Johor's position as a tech-driven investment destination. "This collaboration aligns perfectly with our goal of turning Johor into a regional hub for digital excellence," Onn Hafiz said. "By fostering innovation, talent development, and strategic investments, we believe the JS-SEZ can become a catalyst for Johor's digital economy." NEOJAPAN, listed on the Tokyo Stock Exchange, will contribute its expertise in cloud-based platforms and digital transformation tools, including desknet's NEO, AppSuite and NEOPORT. The partnership signals deepening Malaysia-Japan economic ties and supports Malaysia's wider digitalisation push under the Ministry of Investment, Trade and Industry's regional strategies.
New Straits Times
a day ago
- Business
- New Straits Times
Johor forges strategic pact with Japanese tech firm to build Asean digital talent hub
ISKANDAR PUTER: The Johor government has taken a bold step to anchor itself as Asean's next digital powerhouse by sealing a strategic partnership with Japanese tech firm NEOJAPAN Inc today (June 19). The MoU, inked between Invest Johor chief executive officer Natazha Harris and the Yokohama-based digital solutions provider president Akinori Saito, will pave the way for the Southeast Asian Centre of Excellence (SEA CoE) to be established in the Johor–Singapore Special Economic Zone (JS-SEZ). Witnessed by Prime Minister Datuk Seri Anwar Ibrahim, Johor Menteri Besar Datuk Onn Hafiz Ghazi, Japanese Economy Minister Yoji Muto and Japanese Ambassador to Malaysia Noriyuki Shikata, the agreement was formalised on the sidelines of the Nikkei Forum Medini Johor 2025. The SEA CoE will serve as a regional training and innovation hub, aiming to upskill more than 1,000 local tech talent in areas such as cloud infrastructure, multilingual IT support and no-code development. The initiative is also set to generate 300 high-skilled jobs, boosting Johor's position as a tech-driven investment destination. "This collaboration aligns perfectly with our goal of turning Johor into a regional hub for digital excellence," Onn Hafiz said. "By fostering innovation, talent development and strategic investments, we believe the JS-SEZ can become a catalyst for Johor's digital economy." NEOJAPAN, listed on the Tokyo Stock Exchange, will contribute its expertise in cloud-based platforms and digital transformation tools, including desknet's NEO, AppSuite and NEOPORT. The partnership signals deepening Malaysia-Japan economic ties and supports Malaysia's wider digitalisation push under the Investment, Trade and Industry Ministry's regional strategies.
Al Etihad
4 days ago
- Business
- Al Etihad
UAE tops global hiring outlook amid strong appetite for growth
17 June 2025 00:15 MAYS IBRAHIM (ABU DHABI)The UAE ranks first globally for hiring optimism heading into the third quarter of 2025, according to the latest Employment Outlook Survey (MEOS) released by the UAE-based recruitment company a Net Employment Outlook (NEO) of +48% - double the global average of +24% - the UAE's labour market demonstrates strength, agility, and forward survey, which polled over 530 UAE employers, revealed that 56% plan to increase hiring activity in the coming months, while only 8% expect a decrease."This positions the UAE as a clear leader in global hiring sentiment, further cementing its reputation as the top destination for career opportunities in the Middle East," the report hiring confidence in the Europe, Middle East, and Africa (EMEA) region as a whole is at 19%, according to the Rideau, Country Manager at ManpowerGroup Middle East, said in a statement: "With a Net Employment Outlook of +48%, the highest globally, our labour market is reflecting not just resilience, but a robust appetite for growth.""The transport, consumer goods, and energy sectors are driving this momentum, signalling a strong demand for skilled talent across industries."Among the top-performing sectors, transport, logistics, and automotive lead with a hiring outlook of +64% - the highest globally and 41 percentage points above the international surge is attributed to infrastructure investments, smart mobility initiatives, and strong demand for supply chain talent. The consumer goods and services sector also posted a +60% outlook, outperforming the global sector average by 27 to the report, this outlook reflects growing retail, FMCG, and tourism-related demand post-pandemic and ahead of seasonal demand the energy and utilities sector stands at +62%, outpacing the global average by 43 points, as a result of the UAE's ongoing diversification in energy investments and sustainable Q3 2025 survey ties the strong hiring activity to several strategic factors. Company expansion is the leading catalyst, cited by 38% of 32% pointed to technological advancements prompting businesses to hire talent with specialised skills, while 31% said hiring is linked to the development of new business roles aligned with emerging industries and innovation efforts. The survey also revealed trends related to workforce restructuring in the UAE. Thirty-three percent of employers are reducing roles to optimise processes, and 28% cite automation as a factor driving changes in workforce structure. Source: Aletihad - Abu Dhabi
Borneo Post
12-06-2025
- Business
- Borneo Post
Malaysia-Belgium ink MoU to boost social security, employment innovation
(From left) Vandenbergh, Sim, Cheong, and Mohd Khalid in a photo taken after the MoU signing. KUCHING (June 12): The Ministry of Human Resources (MoHR), through the Social Security Organisation (Socso), has inked a memorandum of understanding (MoU) with Belgium's National Employment Office (NEO), aimed at boosting Malaysia's social security protection and employment services ecosystem. The agreement, signed in Brussels on Wednesday, marks a significant step towards international cooperation in employment innovation, digital transformation, and social safety net enhancement. MoHR Minister Steven Sim emphasised the potential of this collaboration to drive innovation, enhance service quality, and facilitate knowledge-sharing between the two nations. 'This partnership underscores MoHR's commitment to adopting global best practices, especially in facing the fast-evolving demands of today's job market,' he said in a statement, issued following the exchange of the MoU. While acknowledging that Malaysia's social security system is still in development, particularly in employment insurance enforcement and integrations across formal and informal sectors, Sim said the MoU opens doors to proven Belgian expertise. 'Through this collaboration, Socso has the opportunity to explore digital transformation, strategies and developments implemented by NEO, in addition to deepening efforts to combat cross-border fraud at the global level. 'Belgium's strong social protection system – especially its unemployment benefits and retraining programmes – offers a valuable model,' he said. The NEO, he pointed out, is globally recognised for its vocational training excellence and technological expertise, and this will directly contribute to improving Socso's delivery of services and capability-building for Malaysian employment agencies. 'This collaboration extends beyond social security. It includes the high-tech and innovation sectors, which are keys to reinforcing employment strategies and ensuring the well-being of the people,' he stated. Under this partnership, Socso will have the opportunity to explore advanced strategies deployed by NEO, from combatting cross-border fraud to enhancing integration of digital tools for employment services. At the signing ceremony, Socso was represented by Deputy Chief Executive (Strategy and Corporate) Edmund Cheong Peck Huang, while NEO was represented by its Chief Executive Officer Dr Jean Marc Vandenbergh. Also in attendance were the Ambassador of Malaysia to Belgium, Luxembourg and the European Union Dato' Mohd Khalid Abbasi Abdul Razak, and Socso Head of Employment Services Division Gayathri Vadivel. Belgium employment MoU NEO socso steven sim
Yahoo
06-06-2025
- Business
- Yahoo
Neo Performance Materials stock surges on buyback plan
-- Shares of Neo Performance Materials Inc (TSX:NEO) climbed 7.1% following the announcement of a Normal Course Issuer Bid (NCIB) and the commencement of trading on the OTCQX market. The Toronto-based company, specializing in advanced rare earth materials, revealed that the Toronto Stock Exchange (TSX) has accepted its notice to repurchase up to 3,297,296 of its common shares, representing approximately 10% of the public float as of May 30, 2025. The buyback program is set to begin on June 11, 2025, and will extend until June 10, 2026, or until the bid is complete. Purchases will be made through the facilities of the TSX or alternative Canadian trading systems, with the price paid being the market price at the time of purchase. Shares acquired under the bid will be cancelled, potentially benefiting remaining shareholders by increasing their equity interest in the company. Neo Performance Materials believes that its shares have been trading at prices that do not fully reflect the company's value in relation to its business and future prospects. The company's management considers the repurchase of shares an attractive investment and a means to deliver value to its shareholders. In addition to the share buyback announcement, Neo has also commenced trading on the OTCQX Best Market under the symbol "NOPMF" on the same day. The OTCQX Best Market is the top tier of OTC Markets, which includes 12,000 U.S. and global securities. This move is expected to improve visibility and access for U.S. investors and comes as part of Neo's efforts to expand its shareholder base and support the growing demand for critical materials used in electrification and modern technologies. Neo's CEO, Rahim Suleman, commented on the company's strategic developments, stating, "We are pleased to begin trading on OTCQX, which enhances Neo's visibility and accessibility for U.S. investors. As a global leader in advanced rare earth materials, with a strong balance sheet and a growing magnetics business in Europe, we are well-positioned to support the accelerating demand for critical materials in electrification and other modern technologies. Trading on OTCQX provides an additional platform to broaden our shareholder base as we continue to execute on our strategic priorities and drive long-term value." Related articles Neo Performance Materials stock surges on buyback plan U.S. Treasury, Commerce secretaries and Trade Representative to meet Chinese reps BofA sees termination of Owens–Rotech deal as surprising but potentially positive 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
