Kuala Lumpur, 1 September 2020 – Alliance Bank Malaysia Berhad (“Alliance Bank” or the “Bank”) has launched a new digital solution – the Alliance BizSmart^® eTrade, Malaysia’s first mobile trade financing submission platform.

The Alliance BizSmart^® eTrade provides convenience, paperless, as well as fast approval and disbursement of funds into the customer’s account. It also enables business owners to submit Bankers’ Acceptance or Trust Receipts financing electronically via the BizSmart^® Mobile app. Approved trade proceeds will be credited into the customer’s account within 24 hours of approval.

Kuala Lumpur, 31 August 2020 - Zecon Berhad has returned to profitability to register a net profit of RM39.744 million attributable to shareholders in 2020 compared to a net loss of RM20.974 million a year before. For the financial year ended 30 June 2020, the property and construction firm recorded a higher revenue of RM507.514 million compared to RM370.442 million in the comparable year previously.

In the individual fourth quarter, the Sarawak-based Group also returned to the black to chalk in a net profit of RM2.6 million compared with a net loss of RM5.006 million in the same corresponding quater a year ago. Revenue for the quarter under review however dipped to RM40.2 million from RM78.2 million in 2019.

PETALING JAYA, 28 AUGUST 2020 - If the last few months of the movement control period has shown us anything, it is the fact that we are able to overcome any obstacle when we come together in solidarity as a nation. In the same spirit and in conjunction with Merdeka, Grab launched the ‘Grab ❤ Local Heroes’ initiative, offering RM2.5 million in advertising space to help up to 500 small and independent businesses increase their visibility on the Grab platform to boost their business. With the additional exposure, these businesses have seen an increase in sales of up to 43% since the launch of the initiative.

The different merchants cut across GrabFood, GrabMart and GrabPay and showcase Malaysia’s diverse and thriving local business scene, ranging from hawkers and neighbourhood cafes to fishmongers, spice sellers and much more. As part of the initiative, Grab also sponsored the cost incurred to produce the personalised ads. 

Kuala Lumpur, Malaysia, 28th Aug 2020 – TikTok, the short-form video app with a mission to inspire creativity and bring joy, has partnered with the Malaysia Digital Economy Corporation (MDEC) to co-launch the #YoungCreators campaign on TikTok. The campaign, an initiative under the MDEC’s #SayaDigital movement will provide an opportunity for young and budding content creators to learn how to leverage digital platforms as a means to upskill, empower their creativity and generate income.

Cheah Sheau Mei, User and Content Operations Manager, Malaysia elaborates, "TikTok is thrilled to be a part of the #YoungCreators initiative together with MDEC. We are excited to see the creative extent of Malaysian youth in producing informative, educational and entertaining content for their peers and fellow Malaysians to enjoy. We believe that learning does not end with school, and is a lifelong endeavor, made all the more fun with innovative technology which is safe, positive and inclusive!"