Kuala Lumpur, 10 October 2019 – FWD Takaful Berhad (formerly known as HSBC Amanah Takaful (Malaysia) Berhad) (“FWD Takaful”) today launched its new online channel offering FWD Protect Direct, Malaysia’s first Takaful protection plan that can be participated online, covering up to four family members under one certificate with automatic underwriting. Marking the first phase of FWD Takaful’s digital distribution model, the channel allows customers to obtain Takaful protection online and receive immediate coverage.
Salim Majid Zain, FWD Takaful’s Chief Executive Officer said they are happy to be able to offer online Takaful plans at this early stage in FWD Takaful’s digitalisation journey to allow customers to easily obtain Takaful protection and receive coverage instantly.
Trend Micro applauds the government’s continued focus on driving Malaysia’s digital economy as revealed during the tabling of the National Budget 2020.
We are supportive of the current direction that our country is taking, and the new economic opportunities being realized from initiatives such as the National Fiberization and Connectivity Plan (NFCP). The allocation of RM21.6 billion towards the NFCP and the 5G Ecosystem Development Grant worth RM50 million will significantly enhance Malaysia’s economic competitiveness by bridging the digital gap, as well as improving the adoption of Industry 4.0-related technologies that will further ramp up the productivity of Malaysian businesses.
KUALA LUMPUR, Malaysia — 11 October 2019 — NetApp is pleased by the government’s ongoing commitment towards boosting Malaysia’s growth in a new economy and digital era. The Budget 2020 announcements will play a pivotal role in ensuring the nation continues to advance along its path to digitalization.
We believe that initiatives for small-medium enterprises (SMEs) such as the provision of the 50% matching grant of up to RM5,000 per company to adopt digitalization measures for their business operations will have a positive impact on Malaysia’s digital economy. The government’s incentivization towards the greater implementation of these services, which are powered by data, is integral to digital transformation.
Belanjawan 2020 exemplifies the government’s continued resolve to build the necessary foundation for Malaysians to capture the full potential of the fourth industrial revolution (4IR). We commend the supportive measures such as the smart automation matching grant of up to RM2 million for local manufacturers and services companies to embrace digitalisation. This, coupled with the tax incentives provided to the electrical and electronics (E&E) industry to facilitate investment in next generation technologies will definitely spur the pace of technological adoption, especially among manufacturers.
Etika Group of Companies (Etika) has won the Asia’s Best Employer Brand Awards 2019-2020 at the Employer Branding Awards 2019 held recently in Pan Pacific, Singapore.
This is the second year running that Etika has been recognized for its Employer Branding initiatives. Etika also clinched the Best Employee Referral Program 2019 – 2020 at the same event. Those combined achievements are a true recognition of the company’s people, who are their best assets. It also acknowledges that Etika is a great place to work and the company owes its successes to great teams and talents.
KUALA LUMPUR, 3 October 2019 – Despite its relatively short history in the country’s financial environment, alternative financing platform peer-to-peer (P2P) financing continues to gain upward momentum ever since its introduction by the Securities Commission in 2016. Evidently, close to RM377 million were successfully raised via the whole P2P financing industry as of June this year, benefitting over 1,100 small and medium enterprises (SMEs).
The introduction of P2P financing has no doubt helped to narrow the significant funding gap facing local SMEs by providing them an alternative source of capital to fund business expansion, finance working capital and meet other financial requirements. Contrary to traditional financing avenues, P2P financing is designed to improve efficiency and unnecessary “frictions” in the end-to-end financing application process, particularly for the often-needed short-term financing. These “frictions” range from arduous documentation and collateral requirements to long application process which present hurdles to the SMEs.
KUALA LUMPUR, 2 October 2019 - Citi, the largest pan-regional credit issuer, and Lazada Group, Southeast Asia’s leading e-commerce platform, today announced the launch of a new Lazada Citi credit card – the first e-Commerce co-brand credit card in the region. The Lazada Citi credit card is live in Malaysia and will be introduced to other markets in the region over the next six months.
For the first time ever, cardholders will enjoy the highest rewards points earning on Lazada purchases and Lazada Wallet top-up with 10X points in line with the card’s theme, “Play it Up”. Shopping with Lazada is now more rewarding with up to 20% cashback on Lazada Wallet top-ups and further savings by using points earned to offset Lazada spending. What’s more, earn 1,000 bonus points every month by using this card for all your retail purchases with minimum retail spend of RM1,500 per statement month.
KUALA LUMPUR, 30 September 2019 – World-renowned financial performance measurement guru Alan Miltz, famous for his “Cash Flow Story” innovation tool, will be in Malaysia on 4 October to address SMEs on cash flow mastery, a subject long-ignored by many small business owners but fast-becoming the downfall of otherwise solid enterprises.
The event is jointly organised by the YYC Group and OCBC Bank (Malaysia) Berhad.
MALAYSIA, 19th September 2019 – The Leadership Excellence Awards Gala Night attested to the presentation of 70 prestigious award titles to various entrepreneurs, businesses, and industry leaders from across Asia who achieved the accolades in different categories at One World Hotel, Kuala Lumpur, Malaysia.
Des Prix Infinitus Media Leadership Excellence Awards focuses on recognising the growth, development and achievements of trade and industry leaders throughout Asia, serving as a platform to give recognition to key leaders for their remarkable contributions and unassailable efforts in shaping and developing the market.
Malaysia, September 26, 2019 – Crown Worldwide Group, the world’s largest privately-held group of international relocation, logistics and related services companies, officially launched their new Crown Records Management facility in Iskandar Puteri, Johor today. The event saw the attendance of James E. Thompson, Founder and Chairman of Crown Worldwide Group, Ken Madrid, Group CEO of Crown Worldwide Group and Leon Hulme, Managing Director of Crown Worldwide Group Malaysia, as well as stakeholders from a range of industries.