Malaysia Seeks Foreign Investors in High-Value Industries, Focusing on Electric Vehicles and Semiconductors
Malaysia is actively courting foreign investors in high-value sectors, with a strong focus on electric vehicles and semiconductors, aiming to elevate its industries and move up the value chain. The country’s expertise in semiconductor chips and its plans to expand into integrated circuit design make it a key player in the global supply chain, while also exploring opportunities in carbon capture, aerospace, petrochemicals,...
South Korea’s Online Shopping Soars in September Fueled by Travel and E-Coupon Services
South Korea’s online shopping sector saw a remarkable 9.6% growth in September, with strong demand for travel, e-coupon services, and food contributing to the surge. The data revealed significant increases in online transactions for these categories, with mobile shopping through smartphones also on the rise, indicating changing consumer preferences and the continued growth of e-commerce in the country. 4 November 2023 –...
Vietnamese Consumers Embrace Digital Banking and New Payment Modes, Reports UOB
A report by the United Overseas Bank (UOB) has highlighted a growing preference for digital banking and emerging payment methods among Vietnamese consumers. The study reveals that e-wallets and mobile banking apps, particularly Momo, are gaining popularity, with four in five consumers in Vietnam using e-wallets weekly, and 54% increasing their use of mobile banking apps in the past year. 4 November 2023 – Vietnamese consumers...
Malicious WhatsApp Spy Mod Spreads to Telegram, Affecting Global Users
Kaspersky has discovered a malicious WhatsApp spy mod that has now infiltrated Telegram, affecting over 340,000 users in a month. The malware targets users who communicate in Arabic and Azeri, harvesting personal information while offering additional features, highlighting the need for caution with third-party software and the importance of using reputable security solutions. 4 November 2023 – Cybersecurity researchers at...
A Perfect Blend of Iconic Sound and Cutting-Edge Tech
Marshall Malaysia has launched the Motif II ANC earphones, combining the brand’s iconic sound with cutting-edge technology, including active noise cancellation and BT LE Audio connectivity. These sleek earphones offer an extended playtime, sustainability features, and the renowned Marshall signature sound, setting a new standard for audio experiences on the go. 4 November 2023 – Marshall Malaysia, renowned for its iconic...
Cybercriminals Successfully Encrypt Data in 75% of Cases
A Sophos survey reveals that ransomware attacks in the healthcare sector are on the rise, with cybercriminals successfully encrypting data in 75% of cases, a significant increase from the previous year. Only 24% of healthcare organizations managed to halt these attacks before data encryption, underlining the urgent need for enhanced cybersecurity measures in the healthcare industry. 4 November 2023 – In a recent sector survey,...
Indonesia Exempts Books, Films, and More from $100 Import Ban on E-commerce
Indonesia has excluded books, films, software, and music from its $100 import ban on e-commerce platforms, aiming to accommodate specific goods. This decision impacts the country’s vibrant e-commerce market, with a significant population that embraces online shopping and transactions. 2 November 2023 – Indonesia has decided to exempt books, films, software, and music from its recent ban on the import of products priced...
Southeast Asia’s Digital Economy Thrives Amid Global Headwinds, Poised to Reach $218 Billion in Transactions
Southeast Asia’s digital economies are defying global macroeconomic challenges, with a projected total transaction value of $218 billion this year, an 11% increase from the previous year. The region’s digital economy is experiencing significant growth, especially in terms of revenue, as companies shift their focus towards profitability. 2 November 2023 – A new report jointly conducted by Google, Temasek, and Bain...
Treasure Global and UCSI Hospital Join Forces to Promote Malaysia Healthcare Tourism and Wellness Innovations
Treasure Global and UCSI Hospital have signed an MoU to collaborate on promoting the Malaysia Healthcare Tourism program. This partnership, featuring enogy’s health and wellness products, is expected to boost revenue and offer cutting-edge healthcare solutions, with the potential for a 100% monthly growth in overall gross profits. 2 November 2023 – Treasure Global Inc, a pioneering technology solutions provider, has...
Qatar and Singapore Join Forces in Historic Innovation Challenge at SWITCH 2023
The Qatar Research, Development, and Innovation Council and Enterprise Singapore have launched the Qatar – Singapore Joint Innovation Challenge (QSJIC) during SWITCH 2023, signifying a historic moment in global innovation collaboration. The initiative calls for innovative solutions in areas like energy, sustainability, and insurtech and aims to foster partnerships between Qatar and Singapore. 2 November 2023 – The Qatar...
