SUBANG JAYA, 23 January 2020 - Digi Telecommunications Sdn Bhd (Digi) and TIME dotCom (TIME) today announced a collaboration that marks another milestone in Digi’s commitment to provide more connectivity options across the country. This announcement also signifies both companies’ continuous commitment to support the National Fiberisation and Connectivity Plan (NFCP) that aims to provide Malaysians with better access to affordable and high-quality connectivity.

Under this deal, Digi will leverage on TIME’s fibre broadband infrastructure to extend its Digi Home Broadband offerings to more Malaysians especially those residing in residential condominiums and apartments.

The Securities Commission Malaysia (SC) today published the Guidelines on Digital Assets (Guidelines) that outlines the framework for fundraising through digital token offering in Malaysia. 

As stated in the SC’s earlier consultation paper on the “Proposed Regulatory Framework for The Issuance of Digital Assets Through Initial Coin Offerings”, an Initial Coin Offering allows a company with an innovative business proposal to raise capital before it is able to do so through venture capitalists or lenders. It also allows the company to raise funds without selling their equity or taking out a debt while developing their innovative ideas.

Attributed to Iskandar Ezzahuddin, Chief Executive Officer of Setel

Over the past few years, e-wallets have become widely used in Malaysia, with 2019 being a watershed year of growth. This comes as no surprise, as Malaysia has evolved to become a prime market for fintech. Such growth is driven by a strong infrastructure development and high penetration in mobile and internet services amongst the population. According to the Malaysian Communications and Multimedia Commission (MCMC), Malaysia has a mobile penetration of over 130% and an internet broadband penetration of over 120%. Since e-wallets were first introduced in the country, over 40 e-wallet licenses have been issued by Bank Negara Malaysia to date.

Kuala Lumpur, 13 January 2020 – Kenanga Investors Berhad (“Kenanga Investors”) the asset management arm of Kenanga Investment Bank Berhad announced the listing of OneETF by Kenanga (“OneETF”) on the Main Market of Bursa Malaysia Securities Berhad, which signals the company’s first foray into exchange-traded funds (“ETF”) by means of leveraged and inverse ETFs. The Kenanga KLCI Daily 2X Leveraged ETF (KLCI2XL) and the Kenanga KLCI Daily (-1X) Inverse ETF (KLCI1XI) are the first L&I ETFs to be benchmarked against the FTSE Bursa KLCI (“KLCI”) and the first  ETF listing of the new decade on the local bourse.

Both KLCI2XL and KLCI1XI adopt a futures-based replication investment strategy in order to provide daily performance that closely corresponds to their respective tracked indexes.

Kuala Lumpur, 14 January 2020 – Alliance Bank Malaysia Berhad (“Alliance Bank”) ended 2019 on a high note with a total of seven prestigious awards received throughout the year for its innovative products and solutions that are aligned to customers’ needs.

One such recognition was the Red Hat Innovation APAC Awards 2019 Digital Transformation award which was accorded to the Bank for its Branch-in-Tablet innovation which pushed the envelope on optimising customer journeys digitally. With the Branch-in-Tablet solution, customers can open a bank account, activate their banking services including debit card and online banking, as well as access mobile banking services, in as little as 15 minutes. Similarly, this digital innovation is applied to the Bank’s enterprise solution, as it enables business owners to open a business banking account within one-day and one-visit, with minimal documentation.

14 January 2020: Professional services firm Deloitte announced today that the founder and staff of a boutique cyber advisory firm, SecurePath Sdn Bhd, have joined the firm’s Risk Advisory practice in Malaysia.

Thio Tse Gan, Deloitte South East Asia Cyber Leader said: “SecurePath’s capability will scale up and accelerate Deloitte’s cyber risk services, particularly enhancing our ability to offer clients expertise in data loss prevention, cyber threat defence and other cyber related services.”

KUALA LUMPUR, 8 January 2020 – The new year started on a high for four Shell loyalists as they were announced grand prize winners of the ‘Nak Ekstra RM20,000?’, a weekly campaign aimed at turning Malaysians’ everyday journeys into rewarding experiences. The campaign is in its sixth week and will continue to reward Malaysians for five more weeks until 9 February 2020.

This campaign rewards one grand prize winner with RM20,000 and 20 consolation prize winners with RM1,000 weekly. A total of 84 winners have been rewarded and there are 126 grand prize and consolation prize winners to be announced until the end of the campaign period.

Kuala Lumpur, 14th January 2020 - Over the last month, there has been an increase in influenza and respiratory infection cases in Malaysia^[1]. That, coupled with the fact that Malaysians have been found to be overworked, sleep-deprived and unhealthy^[2], has led to an increase in work-related stress and medical health conditions. In the rush to clear up work ahead of the Chinese New Year celebration, it is now more important than ever for employees to go for medical check-ups, receive necessary vaccinations and practice good hygiene habits to better enjoy the upcoming festivities with loved ones.

On that note, it is also vital that companies take the necessary steps in safeguarding their employees against illnesses and any stress-related medical conditions. After all, a happy workforce is the key driver of workplace productivity^[3]. With that being said, are companies aware of the illnesses frequently faced by employees in Malaysia?

KUALA LUMPUR, 9 January 2020 - Shopee welcomes 2020 with its Chinese New Year (CNY) Sale, setting the tone for a greater year of deals and discounts for Malaysians. Running till 28 January, the campaign features a wide array of new products, RM18 free shipping, a suite of new services as well as new games and entertainment - all to be enjoyed both on and off the platform. 

Users will not want to miss the RM8 prosperity deals on CNY Hampers, 24-can Coca-Cola, Tefal Cookware set, Cheongsam, Khind stand fans and more. Premium gold bars are also up for grabs at RM1. Some CNY offerings to look out for include Mandarin Orange-flavoured KIT-KAT, Eu Yan Sang Bird’s Nest Mouse Gift Box, Carlsberg beer, exclusive pineapple flower for prayers and bakkwa.

Putrajaya, 7 January 2020 – Alliance Islamic Bank Berhad (“Alliance Islamic Bank”), a subsidiary of Alliance Bank Malaysia Berhad, today launched its Halal in One Programme, a Halal enterprise ecosystem that aims to help small-and-medium enterprises (SMEs) capitalise on opportunities in the said-segment.

The Programme offers business owners venturing into the Halal space end-to-end solutions including business advisory, business matching services, and shariah-compliant financing.