KUALA LUMPUR, 25 November 2019 – The Center of Applied Data Science (CADS), ASEAN’s first and only one stop platform and center of excellence for Data Science in the ASEAN region, and Malaysia Board of Technologists (MBOT) today formalized its collaboration in a Memorandum of Understanding (MoU) exchange session to promote data science accreditation within Malaysia along with knowledge and expertise sharing.
The MoU was signed and exchanged by Tan Sri Dato’ Academician (Dr.) Ts. Ahmad Zaidee Bin Laidin, FASc., President of MBOT and Sharala Axryd, Founder and Chief Executive Officer of CADS.
KUALA LUMPUR, 21 November, 2019 – The first Japanese Superstore in Malaysia, AEON Taman
Maluri Shopping Centre, previously known as Jaya Jusco which opened its doors 30 years ago, has grown by leaps and bounds. It has contributed immensely towards the growth of Cheras. AEON Taman Maluri Shopping Centre that is firmly recognized as a Cheras renowned landmark unveiled its new and refreshing look following a major two year-refurbishment exercise.
AEON was first established following the invitation by the Malaysian government for Jusco Japan (currently known as AEON Japan) to help modernise the retail industry. Today after 35 years, AEON continues to contribute towards the ever- challenging retail industry and is a success story of the Look East Policy enunciated by Tun Dr. Mahathir Mohamad end of 1981.
SEREMBAN - SEREMBAN 2, 21 NOVEMBER 2019 – After five months of intense competition across Malaysia, IJM Land Designer Awards 2019 (iLDA 2019) came to a close after a fierce battle amongst two shortlisted contestants who vied for the title of the Best Young Interior Designer of iLDA 2019 at Seremban 2 Sales Gallery.
Having received 116 preliminary entries, Lee Jun Yan and Boon Zi Yang, were shortlisted by a panel of judges to actualise their concept, ideas and plans for the competition themed, Modern Family & Spaces, at Kalista 2 Executive Apartments, Seremban 2. With only a five-week duration provided to execute their concepts in an empty unit from ground work up to the detailing of the apartment, the two contestants went head-to-head to ensure that their concepts were to a tee at every corner of the apartment.
KUALA LUMPUR: RHB Banking Group (RHB) strengthened its position as one of Malaysia’s top employers of choice at the recent Malaysia’s 100 Leading Graduate Employers Awards (M100). The Group moved up five spots to secure 2nd place in the M100 ranking in 2019 for Banking & Financial Services.
In terms of overall ranking, RHB’s position improved notably from 40th place to 13th place reflecting its strong branding amongst Malaysian graduates. The ranking process involves the tabulation of student votes from universities across the country, gathered via the M100 Survey, which is the largest and longest running study on graduate recruitment trends in Malaysia.
KUALA LUMPUR, 18 November 2019 – Global payment network UnionPay has partnered with Boost – a leading homegrown lifestyle e-wallet app, and GoPayz – a universal e-wallet developed by U Mobile, to enable more digital payment options for Malaysian consumers. Buoyed by the partnerships with two of the country’s leading e-wallet providers, consumers can now enjoy greater ease and convenience of payment with a wider range of cashless payment choices available as the nation accelerates its shift to a cashless society.
In recent years, UnionPay International (UPI) has been rapidly expanding its footprint in Malaysia. With over 90 percent of merchants in Malaysia now accepting payment via UnionPay Cards, the number of UnionPay Cards issued within the country has more than doubled in 2019, while mobile payment transactions made via UnionPay have been increasing rapidly in 2019 with the wide scale deployment of QR Code terminals in the market across diverse industries like retail, airport duty free, F&B, convenience stores and more.
KUALA LUMPUR, 18 November 2019 – Funding Societies Malaysia, the largest peer-to-peer (P2P) financing platform in the country and Southeast Asia, has announced its partnership with Carsome, the region’s largest used car trading platform to offer dealer financing, a financing product offered to local car dealers for the purchase of used motor vehicles. Through this collaboration, 1,600 used car dealers under Carsome could potentially benefit from a total financing amount of USD 200million.
The partnership is in line with both platforms’ mutual aim to empower Malaysia’s small and medium-sized enterprises (SMEs) with short-term financing to help expand their businesses, particularly the underserved local used car dealers. Registered used car dealers on Carsome’s platform are eligible for financing of up to 70 percent of the transaction value of the used cars via a seamless and fast process. One of the main advantages of the dealer financing offered by Funding Societies is that it is open for application to any type of businesses, from sole proprietorships and partnerships to private limited (Sdn Bhd) companies, through Carsome.
Kuala Lumpur, 5 November 2019 - Small and medium businesses (SMBs) in Malaysia are adopting digital technologies and hiring professionals with technology-related skills, according to data from LinkedIn, the world’s largest professional network. In Malaysia, there are more than 4 million members on the network.
LinkedIn has found that technology-related skills have the highest year-on-year growth among SMBs, indicating ongoing initiatives to improve their products, services, and operations. The fastest growing skills of SMBs in Malaysia are
Kuala Lumpur, X November 2019 – Kenanga Investors Berhad (“Kenanga Investors”) has launched Kenanga Global Unicorn 2 (“KGU2”, “the Fund”), the second tranche to the highly subscribed Kenanga Global Unicorn 1 (KGU1).
Similar to its predecessor, KGU2 aims to provide medium-term capital appreciation by investing primarily in the securities of globally recognised technology companies who have undergone transformational change from start-up to initial public offering (“IPO”) - ready entities, otherwise known as “unicorns. The Fund also targets to invest up to 10% of its remaining invested capital in equity securities of similar companies that have yet to reach the USD1billion valuation threshold, but will develop products, processes or services that provide or benefit from equivalent technology and innovations. The Fund will be feeding into the Ericsenz-K2 Global Unicorn Fund II (“Target Fund”) and has a targeted 12% internal rate of return per annum*.
Cyberjaya, Malaysia - 5 November 2019 - NTT Ltd. (NTT), a world-leading global technology services provider has today unveiled MYNAP (Malaysia Network Access Point) - a new private Internet Exchange (IX). MYNAP is the third IX in Malaysia, allowing NTT Ltd. to offer clients a holistic end-to-end solution of Data Center, Network, and Internet Exchange with unparalleled connectivity.
Hosted in NTT Ltd’s local data center in Cyberjaya, this wide reach, high availability IX is stable, cost-effective, and it is the only IX in Malaysia that resides in a TIA942 Rated-3 data center. MYNAP is also the first and only local IX to have peering with other regional IX providers within the NTT Group i.e. Japan Network Access Point (JPNAP) and Jakarta Internet Exchange (JKT-IX), allowing for faster, more affordable and reliable access to content.
KUALA LUMPUR, Malaysia, Nov. 5, 2019 /PRNewswire/ -- Labuan International Business and Financial Centre's (Labuan IBFC) position as a market leader in captive insurance is reinforced by the findings of a white paper by Captive Review titled "Driving Captive Transformation in Asia", which showed the jurisdiction having led by fifty percent in captive formations in Asia last year.
According to the white paper, the total number of captives in Asia grew by ten with Labuan IBFC leading the way with half of these incorporations domiciled in the jurisdiction. Singapore came in second with three formations compared to Labuan IBFC's five.
