Two Malaysian companies are in Red Herring Top100 Asia Year 2012 list
Malaysia-based leading international mobile financial transactions hub operator, Tranglo was selected by Red Herring as award winner for Top 100 Asia year 2012. The award is in recognition of the leading private companies from Asia, celebrating their innovations and technologies across their respective industries and this award has become a mark of distinction for identifying promising new companies and entrepreneurs. Tranglo was...
Thailand’s online lottery will be revived and begin operating within six to eight months
The Director of Government Lottery Office (GLO), Pol Maj-Gen Atthakrit Thareechat said the GLO has been instructed to prepare for the online lottery sales which begin by year-end and this instruction is in line with the policy guidelines set by Deputy Finance Minister Tanusak Lek-uthai. According to Supat Kornchalakul, an executive of Loxley GTech Technology Co. Ltd. , the company can sell two- and three-digit lottery tickets online...
AirAsia offers free seats again
AirAsia will roll out its Free Seats promo again on 18 September 2012 at 00.00 a.m where travellers can travel within the country from an all-in-fare of RM26 onwards. Travellers just need to pay only the fees to cover the fuel surcharge and airport tax. The Free Seats promo will be available online at www.airasia.com from 18 – 23 September 2012, and traveller will be able to travel from 1 April 2012 to 30 September 2013. The...
Illegal online games found in Vietnam, hurting domestic games
100 per cent foreign-owned companies are not allowed to do business directly and publish online games in Vietnam according to the local’s law but recently few foreign companies found doing it in the country by releasing online games from mainland China and South Korea. Le Hong Minh, general director of VNG, the first company to launch licensed online games in Viet Nam said that Vietnam has great potential because it has 13 million...
The amendment of Evidence Act 1950 may protect us against cyber crime
The President of Young Journalists Club or Kelab Wartawan Muda Malaysia (KWMM), Dzulkarnain Taib commented that the Evidence Act 1950 Section 114A which was amended recently should be seen as providing legal protection to the people against cyber crime. He advised those against the amendment should not be unduly worried it since the country’s laws will evolve according to the changing times. He believed all aspects had been...
A woman lost RM1,200 in an online fraud
According to Royal Malaysian Police, a 20-year-old woman has lodged a report to them on a fraud case conducted by an online store. The district police chief Supt Wan Mohd Samsudin Wan Osman said that the victim failed to receive the product which is a digital single lens reflection (DLS) camera after deposited RM200 and RM1,000 into different two accounts. She told that the website is selling the product at RM2,500 and decided to...
AsiaEP may be delisted from Bursa Malaysia
The share price of AsiaEP Resources Bhd fell to one sen and its trading will be suspended from September 24. It is a possible delisting from Bursa Malaysia for AsiaEP on September 26 unless the company files an appeal before September 21. The ACE Market-listed e-commerce solutions provider has been in the red for the last three financial years. AsiaEP is a company offers a wide array of solutions ranged from eMarketplace service,...
Sacombank is collaborating with CyberSource to offer world class e-commerce payment services in Vietnam
Sacombank, one of the leading retail banks in Vietnam has entered a partnership with CyberSource to bring world class e-commerce payment services to Vietnam, which will help build continued confidence among the merchants who are launching their e-commerce businesses in the country. CyberSource provides transaction and fraud prevention solutions to Sacombank’s merchant customers, to safeguard them from fraud and also protect their...
Companies are more concerned about their employees’ performance than IT security
Keeping employers off certain sites and blocking the launch of third-party applications are among the most popular ways of ensuring IT security, a survey has found. According to a study conducted by B2B International in July 2012, companies are most likely to restrict access to online games, with 71% of the IT professionals surveyed saying this was part of their strategy. Slightly less popular methods include restricting or banning...
Myanmar Oriental Bank offers first Western Union service in Myanmar
The Western Union Company, a global leader in payments inked a partnership with Myanmar Oriental Bank, the leading domestic bank three months after countries led by the US, European Union and Australia decided to lift investment and trade bans against Myanmar. This partnership has made Western Union to become the first global money transfer company operated in Myanmar. Via its authorized agent, Myanmar Oriental Bank, the Myanmar...
