MALAYSIA, 14 May 2020: Universal Robots, Denmark-based collaborative robots (cobots) technology market leader, today urged Malaysia’s SMEs (small and medium enterprises) to accelerate the adoption of robotic automation in order to remain competitive and efficient ahead of tough economic times.                                                                 

With volatile market conditions and constant disruption, leveraging automation to optimise production is a constant challenge. A new class of robots, dubbed “collaborative robots” aims to bridge the gap between fully-manual assembly and fully-automated manufacturing lines. Universal Robots highlights that cobots could potentially improve productivity for Malaysian SMEs in the manufacturing sector by up to 30 percent.

Kuala Lumpur, 14 May 2020 – Alliance Bank Malaysia Berhad (“Alliance Bank” or the “Bank”) today announced that it will reduce its Base Rate (“BR”), Base Lending Rate (“BLR”), and Base Financing Rate (“BFR”) by 50 basis points effective 15 May 2020.

The Bank’s Base Rate will be lowered from 3.32% p.a. to 2.82% p.a., and Base Lending Rate and Base Financing Rate from 6.17% p.a. to 5.67% p.a. The revision applies to all existing loans and/or financing pegged to the Base Rate, Base Lending Rate, and Base Financing Rate. To align with these changes, the deposit rates will also be revised on the same effective date.

SUBANG JAYA, 13 MAY 2020 – Digi Telecommunications Sdn Bhd (Digi) is calling for digitally-savvy and innovative young Malaysians to join its exclusive annual CXO Apprentice Programme. 

Now in its fifth year, the programme is designed to inspire the next generation of leaders by empowering them with a unique and transformative experience of being mentored directly by Chief Officers (CXOs), while working at a leading and progressive digital company.

New York, May 13, 2020 –Bloomberg announced today that it has released major upgrades to Enterprise Access Point, the company’s ready-to-use data website, with a new self-service marketplace that empowers Data License clients to more easily discover, access and immediately use high quality, market leading content from both Bloomberg and third parties.

The front office is now more data-driven than ever, as financial firms adopt new technologies in AI, machine learning and automation. These technologies need vast quantities of complex data and firms are looking for simpler ways to find, access and integrate that data. In particular, quants and researchers need application-ready data that is immediately usable without “wrangling”.