PENANG, Malaysia, 17 November, 2020 – FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, today announced its new Batu Kawan station. The one-stop logistics facility in Penang, provides customers with extended connectivity to both land and air networks from the northern region of Malaysia to the world. The station is the second largest in in the area for FedEx which strengthens the company’s logistics network within the Northern Region of the country.
This facility is more than twice the size of its previous station location in Bayan Lepas and will benefit businesses aiming to expand across borders beyond Malaysia. The facility’s dedicated bonded warehouse space has a capacity of 1,951 square meters (21,000 square feet) that will greatly benefit customers who require domestic holding services for goods yet to be cleared by customs. At 3,902 square meters (42,000 square feet), this integrated warehouse and sorting facility is capable of handling up to 3,000 packages per hour.
Kuala Lumpur, 17 November 2020 – Mednefits, an employee medical benefits platform, today announced the raise of RM24 million (SGD8 million) in its Series A funding round, led by BLoyalty Sdn Bhd, owner-operator of B Infinite, a digital engagement platform that serves merchants from various industries and businesses. B-Infinite will also work with Mednefits to enhance and automate the medical benefits for its clients’ employees across Malaysia, amounting to RM55 million by 2021.
Mednefits connects companies and their employees directly to medical providers, through its platform that tracks and processes employees’ claims in real-time, thereby offering automated, affordable and accessible healthcare. To date, Mednefits has connected over 50,000 employees from 500 companies in Singapore and Malaysia — including 7-Eleven, Fish & Co, and ViewQwest — to over 2,000 healthcare providers.
Kuala Lumpur, 17 November 2020 – The Malaysia External Trade Development Corporation (MATRADE) has announced the return of the 17th Malaysia International Halal Showcase (MIHAS), which will take place from 9th to 12th September 2021, at the Malaysia International Trade and Exhibition Centre (MITEC), Kuala Lumpur. Organised by MATRADE under the patronage of Ministry of International Trade and Industry of Malaysia, MIHAS is the largest Halal trade event of its kind in the world.
Making the announcement, MATRADE’s Chief Executive Officer, Dato’ Wan Latiff Wan Musa, highlighted that Malaysia has long established a leading position as a global Halal player. “We also see opportunities driven by accelerated digitisation and changing consumer behaviours in the new normal and new world economy. The 17th MIHAS will place special emphasis on the agenda of helping local and international players look to innovation and sustainable initiatives to spearhead steady growth for the Halal economy.”