Moomoo Malaysia to Launch Unit Trust Fund Distribution via Investment App
Moomoo Malaysia will start offering unit trust funds through its investment app within the next two months, having rapidly expanded its offerings since launching in February. The app, already used by 100,000 investors, will soon allow users to invest in unit trust funds. 5 July 2024 – Moomoo Malaysia is set to begin distributing unit trust funds via its online investment and trading app within the next one to two months,...
SNS Network Technology Secures RM85.52 Million AI Super Server Deal Amid Growing Market Demand
SNS Network Technology Bhd has secured an RM85.52 million order for AI super servers from a leading e-commerce platform, with delivery set for August 2024. Despite a decline in first-quarter revenue and profit, the company remains optimistic about its future, driven by growing demand for AI solutions. 4 July 2024 – SNS Network Technology Bhd, an internet service provider, has secured a significant purchase order valued at...
foodpanda and Carlsberg Asia Expand Partnership to Elevate Beer Purchasing Experience Across Asia
foodpanda and Carlsberg Asia have expanded their partnership to enhance the accessibility and appeal of Carlsberg beers through personalized recommendations and special promotions, leveraging foodpanda’s extensive network. This collaboration aims to offer a seamless and enjoyable beer purchasing experience for consumers across Asia. 4 July 2024 – foodpanda, Asia’s leading food and grocery delivery platform, has...
Tiong Nam Hospitality Group Launches State-of-the-Art Marina at Pinetree Marina & Resort
Tiong Nam Hospitality Group has expanded into the marina industry by adding a state-of-the-art marina to Pinetree Marina & Resort, offering a strategic location and premium amenities for various vessels. This move aims to position the resort as a premier destination for yachting enthusiasts, leisure seekers, and business travelers. 4 July 2024 – Tiong Nam Hospitality Group has officially ventured into the marina industry,...
Essential Tips to Stay Safe on Public Wi-Fi
Public Wi-Fi poses significant security risks, but Kaspersky experts recommend using it sparingly, verifying network authenticity, avoiding sensitive transactions, and using a VPN for enhanced protection. Continuous VPN use is advised to ensure ongoing data security and privacy. 4 July 2024 – Public Wi-Fi has become an essential service in places like cafes, airports, and shopping malls, enabling individuals to stay connected...
MyEG Services Collaborates with Credit Bureau Malaysia to Provide MySCoRE Credit Reports Online
MyEG Services Bhd has partnered with Credit Bureau Malaysia to offer MySCoRE credit reports on the MyEG portal, providing users with comprehensive financial information to support various needs without additional charges. This partnership aims to enhance accessibility to critical credit data for better financial planning. 3 July 2024 – MyEG Services Bhd (KL: MYEG) announced its collaboration with Credit Bureau Malaysia Sdn Bhd...
Presto and PLUSMiles Partner to Enhance Rewards for Malaysian Expressway Travelers
Presto and PLUSMiles have partnered to provide extensive redemption rewards for PLUSMiles users through a new product catalog in the PLUS App, with plans to integrate PLUSMiles into the Presto App by year-end. This collaboration aims to enhance travel and redemption options for PLUSMiles’ 3.1 million members. 2 July 2024 – Presto, Malaysia’s first and largest loyalty e-commerce aggregator, is excited to announce a...
Shopee Unveils #ShopeeHaul Gaya Lagi Lit to Empower Malaysian Women with Versatile and Inclusive Fashion
Shopee has launched #ShopeeHaul Gaya Lagi Lit, a versatile capsule wardrobe empowering Malaysian women through self-expression, featuring modest pieces for various body types and styles. The collection supports local fashion brands and aims to reach a broader audience with affordable and stylish options. 2 July 2024 – Shopee, the premier e-commerce platform in Southeast Asia and Taiwan, has unveiled #ShopeeHaul Gaya Lagi Lit, a...
TNG Digital Launches A New Gold Investment Product for eWallet Users
TNG Digital Sdn Bhd has launched e-Mas, a gold investment product via its e-wallet, aiming to democratize digital financial offerings and expecting to reach 500,000 subscribers by year-end. Supported by CIMB Bank Bhd, e-Mas allows users to invest in gold starting from RM10 without hidden fees. 2 July 2024 – TNG Digital Sdn Bhd has launched a gold investment product, e-Mas, accessible via its e-wallet, providing an easy avenue...
Rising Cybercrime on Telegram: Kaspersky Report Highlights Surge in Illicit Activities
Cybercriminal activity on Telegram has surged, with a 53% increase in illicit posts from May to June 2024, driven by the platform’s popularity and perceived security. Kaspersky Digital Footprint Intelligence offers a playbook to help enterprises manage these risks. 2 July 2024 – The Kaspersky Digital Footprint Intelligence team has identified a worrying trend of increased cybercriminal activity on Telegram, as shadow...
MOSTI Launches Pioneering Tech Hubs to Boost Malaysia’s Innovation and Economic Growth
MOSTI has launched the Industry Technology Innovation Centre, the Semiconductor Research Consortium, and Mimos Academy at Mimos Bhd to drive technological advancements and economic stability in Malaysia. These initiatives aim to enhance local innovation, reduce import reliance, and foster talent development, positioning Malaysia as a global technology leader. 1 July 2024 – The Ministry of Science, Technology and Innovation...
Jirnexu Sdn Bhd Acquires CompareHero, Enhancing Leadership in Malaysian Fintech Sector
Jirnexu Sdn Bhd, parent company of RinggitPlus, is acquiring CompareHero from MoneyHero Limited, enhancing its leadership in the Malaysian fintech sector. This strategic move will expand Jirnexu’s reach and capabilities, while MoneyHero transitions to an investor role in Jirnexu. 1 July 2024 – Jirnexu Sdn Bhd, the parent company of RinggitPlus, has announced its acquisition of CompareHero, the Malaysian arm of...
IBPO Group Berhad Partners with Triathlon Star Ann Pow to Champion Financial Empowerment
IBPO Group Berhad has appointed Malaysian triathlete Ann Pow as its first brand ambassador, aiming to inspire and empower young athletes and women through its innovative financial solutions. Ann Pow, a celebrated triathlete, will promote IBPO’s values and technology, including the ANIKA AI-powered financial consultant. 1 July 2024 – IBPO Group Berhad (IBPO), a premier fusion financial company, has proudly announced the...
BIS Advances Global Payment Connectivity with Project Nexus Phase Four Expansion
The BIS and partners have completed the blueprint for phase three of Project Nexus, moving closer to seamless global instant payment connectivity. Phase four will see India’s UPI joining, significantly expanding the user base. 1 July 2024 – The Bank for International Settlements (BIS) and its partners have successfully completed the comprehensive blueprint for phase three of Project Nexus, marking a significant step...
Malaysia Shines at Annecy Festival with Groundbreaking Animation Achievements and Strategic Partnerships
The Malaysia Digital Economy Corporation (MDEC) celebrated its 10th year at the Annecy International Animation Film Festival, showcasing 15 companies and signing a significant MoU to enhance Southeast Asia’s digital content industry. This marks a notable step in positioning Malaysia as a digital hub in ASEAN. 1 July 2024 – The Malaysia Digital Economy Corporation (MDEC) has celebrated its 10th year of participation at the...
MOSTI Launches Supercharger Series 2024 to Drive Innovation and Economic Growth in Malaysia
MOSTI inaugurates the Supercharger Series 2024, aiming to boost Malaysia’s innovation ecosystem by advancing pre-commercialisation of R&D projects, fostering collaboration, and driving economic growth through technological innovation. 29 June 2024 – The Ministry of Science, Technology and Innovation (MOSTI) officially launched the Supercharger Series 2024 today, under the theme “Visions to Venture: The...
Alibaba.com Advances MSME Empowerment with Enhanced AI Tools and Expanded Global Reach
Alibaba.com launches an initiative to empower MSMEs globally with enhanced AI tools, aiming to boost trade opportunities and expand its supplier network, supporting over 30,000 businesses ahead of MSME Day 2024. 29 June 2024 – Alibaba.com, a leading B2B e-commerce platform under the Alibaba International Digital Commerce Group, has launched a new initiative in honor of MSME Day aimed at bolstering global trade opportunities and...
Retail Giant Mydin Launches MydinPay
Mydin has launched MydinPay, Malaysia’s first e-wallet app by a wholesaler and retailer chain, offering RM5 vouchers and cashback incentives to early users. Powered by Wavpay, MydinPay aims to enhance customer convenience and engagement through personalized promotions and seamless digital transactions. 29 June 2024 – Mydin Mohamed Holdings Berhad (Mydin) has officially introduced MydinPay, a cutting-edge e-wallet app poised to...
Labuan IBFC Hosts Successful Symposium on Wealth Management and Estate Planning
Labuan IBFC Inc. and STEP Malaysia organized a symposium on wealth management and estate planning in Malaysia and Labuan IBFC, highlighting the jurisdiction’s robust ecosystem, regulatory framework, and significant growth in assets under management. The event fostered discussions among stakeholders on various aspects of estate planning, taxation, and strategies for family businesses, affirming Labuan IBFC’s position as a...
MDEC and KPT Sign MoU to Boost Malaysia’s Digital Development
MDEC and KPT have signed an MoU to strengthen digital development in Malaysia through various collaborative initiatives, including enhancing student skills via the Premier Digital Tech Institution (PDTI) Tech Club. This partnership aims to bolster local digital talent and improve graduate employability in digital technology and entrepreneurship. 28 June 2024 – The Ministry of Digital, through the Malaysia Digital Economy...
