PayPal appoints new VP of Asia Pacific Venture
The global online payment service provider PayPal has appointed 17-year financial services industry experience Lawrence Cheah as its new Vice President for Asia-Pacific New Ventures organisation as well as general manager for its Southeast Asia and India businesses. The roles of Chan in PayPal are to lead the company’s newest payment innovation, PayPal Here in the region and expand PayPal’s geographic reach in Southeast Asia and...
Secure yourself from the cyber world
An Internet Safety Workshop co-organized by New Straits Times and EC-Council Academy will be held on Oct 20 and 21 to educate the public on Internet security, in safeguarding them from the cyber threats such as identity theft, information manipulation, financial loss and virus attacks. EC-Council Academy’s Managing Director Wilson Wong said that awareness plays a huge role in overcoming scams and cyber crimes and knowledge is...
VISA: Facebook helps e-commerce growth in Indonesia
The recent survey conducted by VISA revealed that Indonesian spent as much as IDR4,850,000 (RM1,550) online for Christmas gifts last year. For the respondents aged from 35 to 55, married and with kids, they spent more than IDR5,320,000 (RM1,700). VISA Indonesia pointed that there are more than 47 million Facebook users in the country which makes it #4 in the ranking of all Facebook statistics by country, just after US, Brazil and...
Citibank: 5% growth rate for credit card market this year
Malaysia’s leading card issuer, Citibank anticipated the slow gross domestic (GDP) growth in the country which may only hit 5 per cent this year will affect the growth of credit card market. The credit card market is expected to grow 4 to 5 per cent this year. Citibank said the number of credit circulation in the country has fallen to 8 million accounts in July 2012 from 11.5 million accounts in 2009. However, the credit card sales...
Vietnam’s Customs department goes online
As per Vietnam’s Ministry of Finance plan in developing the information technology sector in the country, the Vietnam’s government will make all 33 Customs departments go online over the next three years, including setting up a Customs-information system, expanding import-export tax collection through e-banking nationwide. Currently, the ministry allows enterprises to do Customs declaration via e-portal and more than 55,000...
Not necessary all women like to shop
Do you agree women are shopaholic? I say not at all. If you are selling fashion clothes to women, you need to know why they don’t shop for more clothes: Their closets are full of clothes, how to add more in? The fashion trend changes too fast until they can’t make themselves to stay on top of the trend. Then, they prefer to stick with something is affordable for them. They do not know exactly what can make them look good. Busy...
Malaysia hosts the first Asia’s global forum on eID and ePassport
The global forum on the drivers behind the digitization of citizen ID documents, National eID and ePassport forum will be hosted in Sunway Resort Hotel & Spa from 8 to 9 October 2012, for first time in Asia. This 4th edition will bring 40 speakers and 300 experts, key industrial as well as top-level government representatives from over 40 countries over Asia, Africa and EU to gather for discussions on electronic identification,...
Wirecard enables easy mobile top-up for EZ-Link purse
Singapore’s largest Contactless e-Purse Application or CEPAS card issuer EZ-Link Pte Limited (EZ-Link) appointed Wirecard, the leading International full-service providers for E-Commerce businesses in enabling its customers to add money to their EZ-Link purse on the go using the Near Field Communication (NFC) enabled phone. EZ-Link’s chief executive officer Nicholas Lee said that EZ-Link is the first to launch the secure mobile top-up...
Malaysia’s first illegal IPTV service seized
12 suspects aged between 28 and 40 were arrested by police for conducting illegal Internet Pay Television (IPTV) namely MYIPTV in the country which has caused RM60 million losses to the local licensed TV networks. The syndicate was operating its IPTV service in Park View Tower condominium in Butterworth since one year ago. MYIPTV offered broadcasting movies from over hundred channels including Hong Kong, China, Thailand and Indonesia...
Partnership with AirAsia brings additional 100,000 card members to Citibank
Malaysia’s leading low-cost carrier AirAsia and the leading credit card issuer Citibank launched co-brand credit cards, AirAsia-Citibank Platinum Visa and AirAsia-Citibank Gold Visa that entitle the card members with free travel protection insurance, priority booking, more BIG points earned, free to pick a seat, free in-flight meals and more privileges as stated in www.citibank.com.my/airasia. The co-brand partnership is not new...
