Moomoo Malaysia Empowers Investors with Fractional Shares Access
Moomoo Malaysia introduces fractional shares for over 500 US stocks and ETFs, aiming to make investment opportunities more accessible to modern Malaysian investors. This initiative facilitates portfolio diversification and informed decision-making through comprehensive resources and investor education. 18 May 2024 – Moomoo Malaysia has announced a significant enhancement to its trading platform, now offering fractional shares of...
Octa Launches STATUS 200 Coding Bootcamp to Empower Underprivileged Students in Kuala Lumpur
Octa is sponsoring the STATUS 200 coding bootcamp at Ideas Academy in Kuala Lumpur, starting June 17, 2024, to provide foundational coding skills to underprivileged youth, supporting Octa’s mission of enhancing financial literacy and educational opportunities in Malaysia. 18 May 2024 – As part of its ongoing commitment to enhancing educational opportunities for diverse social groups, Octa is sponsoring a coding bootcamp...
Rising Cyberattacks in 2023: Kaspersky Report Highlights Trust Exploitation and Prolonged Threats
The Kaspersky Incident Response 2023 report indicates a significant rise in long-lasting cyberattacks, with trusted relationships emerging as a key vector. Organizations are urged to enhance their security measures to combat these sophisticated threats. 17 May 2024 – In its annual Incident Response report for 2023, Kaspersky has revealed that over 21.85% of cyberattacks persisted for more than a month, marking a 5.55% increase...
RAM Ratings and Labuan IBFC Inc. Host Insightful Event on Captive Insurance Solutions
RAM Ratings and Labuan IBFC Inc. hosted an event to explore self-insurance structures, emphasizing the benefits of Labuan captives for risk management, and introduced RAM’s bespoke LECA® service for financial transparency. 17 May 2024 – RAM Rating Services Berhad (RAM Ratings), Malaysia’s premier rating agency, and Labuan IBFC Incorporated Sdn Bhd (Labuan IBFC Inc.), the official marketing agency for Labuan...
IBPO Group Berhad and TIME dotCom Partner to Enhance Data Security in Fusion Finance
IBPO Group Berhad and TIME dotCom Berhad have partnered to enhance data security in the fusion financial sector, integrating IBPO’s Fusion Financial System and ANIKA chatbot into Time’s secure network. The partnership emphasizes robust data security, scalable cloud hosting, and excellent broadband services. 16 May 2024 – In a significant move to strengthen data security in the fusion finance sector, IBPO Group Berhad...
METALTECH & AUTOMEX 2024: Pioneering the Future of Manufacturing in Southeast Asia
METALTECH & AUTOMEX 2024 has begun at MITEC, Kuala Lumpur, showcasing Industry 4.0 innovations and driving Malaysia’s manufacturing sector towards a sustainable future. The event features over 1,500 brands and companies from 40 countries, highlighting the importance of advanced technologies in smart manufacturing. 16 May 2024 – The future of manufacturing has arrived as METALTECH & AUTOMEX 2024, Southeast...
dobiQueen Transforms Malaysian Laundry Industry with Innovation and Sustainability
dobiQueen is revolutionizing the Malaysian laundry industry by expanding its services and incorporating sustainable practices, significantly easing household burdens, particularly for women. The chain plans to continue its growth while supporting mental health and community development. 16 May 2024 – The Malaysian laundry industry is on the cusp of rapid growth, propelled by technological advancements, evolving consumer...
Hong Leong Bank Launches HLB LaunchPad 2024 to Foster Circular Economy Innovations
Hong Leong Bank’s HLB LaunchPad 2024 invites startups to pitch circular economy solutions, offering mentorship and potential partnerships to drive sustainable business innovation. Top winners will receive cash prizes and funding opportunities. 15 May 2024 – Hong Leong Bank (HLB) has announced the return of its HLB LaunchPad program for its sixth edition, aimed at fostering innovative business solutions that contribute to a...
Shopee Enhances User Experience with New ’15 Days Free Returns’ Program
Shopee has introduced the ’15 Days Free Returns’ program, allowing users to return eligible items for free within 15 days with no questions asked, enhancing shopping flexibility and trust. This initiative aligns with consumer preferences for value maximization and convenience in online shopping. 15 May 2024 – Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, has launched its ‘15 Days Free Returns’...
Eq8 Capital Rebrands and Partners with PhillipCapital to Enhance ETF Access
Eq8 Capital has rebranded and partnered with PhillipCapital to provide greater access to its top-performing EQ8US50 ETF through EPF’s i-Invest portal. This collaboration aims to enhance investment opportunities and expand the ETF market in Malaysia. 15 May 2024 – Eq8 Capital Sdn Bhd (“Eq8”), formerly known as i-VCAP Management Sdn Bhd and Malaysia’s leading equity Exchange Traded Fund (ETF) manager, has...
Epson Launches First Solution Center in Kuching, Unveils New Sustainable Printer Series
Epson has opened its first Solution Center in Kuching, Sarawak, promoting collaboration and showcasing its commitment to innovation and sustainability. The launch featured the introduction of the new, energy-efficient WorkForce Enterprise AM-Series A4 inkjet printers. 15 May 2024 – Epson, a renowned global technology provider, has inaugurated its first Solution Center in Kuching, Sarawak. This cutting-edge facility is designed...
Labuan IBFC and Qatar Financial Centre Release Joint Publication Promoting Collaboration in Islamic Finance
Labuan IBFC and Qatar Financial Centre (QFC) have jointly launched a publication titled “Mutual Cooperation Towards Global Connectivity”, following an MoU signed last year. The publication highlights potential areas for collaboration in Islamic finance, emphasizing the pivotal roles both jurisdictions play in advancing digitalization and globalization in the industry. 14 May 2024 – Labuan International Business and...
FWD Insurance and BSN Introduce Qaseh Bakti Plus Microinsurance for Underserved Communities in Malaysia
FWD Insurance and BSN have launched Qaseh Bakti Plus, a microinsurance product tailored for underserved communities in Malaysia, offering income replacement in case of hospitalization. This initiative aims to promote financial literacy and inclusion while providing affordable insurance solutions to over three million B40 households. 14 May 2024 – FWD Insurance Berhad (“FWD Insurance”) has collaborated with Bank...
Incubase Studio Revolutionizes Southeast Asia’s Entertainment with Iconic Touring Exhibitions
Incubase Studio is revolutionizing Southeast Asia’s entertainment scene with innovative touring exhibitions of iconic franchises like One Piece, Attack on Titan, and The Conjuring Universe. Their unique model and ambitious plans position them for significant growth in the region. 14 May 2024 – Incubase Studio, an ambitious entertainment producer based in Hong Kong, is revolutionizing the Southeast Asian entertainment scene...
Brother Malaysia and PWD Smart FarmAbility Join Forces to Promote Sustainable Agriculture and Combat Food Insecurity
Brother International Malaysia partners with PWD Smart FarmAbility to provide organic regenerative vegetable terrariums to special needs schools, promoting sustainable farming and better nutrition. This initiative aims to combat food insecurity and enhance community well-being through regenerative agriculture. 14 May 2024 – Brother International Malaysia, a leading provider of innovative printing, labelling, and sewing...
Cuscapi’s MX Global Approved to Trade Worldcoin Token by Securities Commission Malaysia
Cuscapi’s associate MX Global receives approval from Securities Commission Malaysia to trade Worldcoin (WLD) token, which joins the list of permitted digital assets alongside major cryptocurrencies. Worldcoin, an iris biometric cryptocurrency, aims to provide secure online authentication despite facing privacy concerns. 13 May 2024 – Cuscapi Bhd, a digital business solutions provider, has announced that the Securities...
Vietnam and Malaysia Forge Strategic Partnership in Emerging Industries
Vietnam and Malaysia are set to enhance collaboration in emerging industries, leveraging their complementary strengths in digital transformation, semiconductor, artificial intelligence, and electric vehicle (EV) production. This partnership aims to foster economic growth and development in both countries. 12 May 2024 – Vietnam and Malaysia are poised to strengthen collaboration in various emerging industries, including digital...
Malaysia’s Services Sector Records Strong Growth in Q1 2024, Driven by Multiple Segments
Malaysia’s services sector saw a strong growth of 6.1% in Q1 2024, with revenue reaching RM594.5 billion, driven by multiple segments including wholesale and retail trade, food and beverages, and accommodation. E-commerce income experienced a slight year-on-year increase, while the number of individuals engaged in the sector rose by 1.7%. The volume index of services also showed positive growth, driven by various segments,...
HLIB Introduces Brokerage Fee Waiver on Shopee to Enhance Accessibility to Investments
Hong Leong Investment Bank Bhd (HLIB) has introduced a brokerage fee waiver on Shopee, offering up to RM100 to new customers opening accounts, making it the first bank in Malaysia to do so on the platform. The move is part of HLIB’s commitment to improving accessibility and convenience to investment products, reflecting its efforts to meet customers where they are, particularly in the online space amidst the rise of e-commerce....
Habib Jewels Slapped with RM96,250 Fine for AMLA Violation: BNM’s Crackdown on Financial Crime
Habib Jewels Sdn. Bhd. was fined RM96,250 by BNM for failing to report suspicious transactions as required by AMLA, despite internal red flags. The incident highlights the importance of prompt reporting to mitigate financial crimes and underscores the need for strict compliance within the industry. 10 May 2024 – Bank Negara Malaysia (BNM) has imposed a compound of RM96,250 on Habib Jewels Sdn. Bhd. for its failure to promptly...
