GDEX Bhd Charts New Course with Dive into IT Services Amid Financial Challenges
Express delivery company GDEX Bhd is venturing into the IT sector to counter financial losses, with plans to diversify its revenue streams through investments in IT services and solutions. Despite experiencing losses in its express delivery business, GDEX remains optimistic about the growth potential of its IT segment. 17 April 2024 – Express delivery firm GDEX Bhd has announced its strategic move into the information technology...
Malaysia’s International Remittance Market Shows Strong Growth Trend
Malaysia’s international remittance market is experiencing robust growth, with both inbound and outbound transactions expected to expand through 2028. The analysis provides insights into transaction values, consumer demographics, and transactional flows, offering stakeholders strategic insights to capitalize on emerging opportunities in the evolving remittance landscape. 17 April 2024 – A recent in-depth analysis of...
Innovation Takes Center Stage at 135th Canton Fair: Showcasing New Quality Productive Forces
The 135th Canton Fair showcases pioneering advancements in electronics and appliances, highlighting the utilization of new quality productive forces to redefine industry standards. Exhibits include innovative VR devices, intelligent service robots, and cutting-edge video surveillance products, offering a glimpse into the future of technology-driven consumer experiences. 17 April 2024 – The 135th China Import and Export Fair,...
Netflix Earnings Report: Focus on Subscriber Growth Amidst Password Sharing Crackdown
Netflix prepares to release its earnings report, with attention on maintaining subscriber growth amidst challenges posed by password sharing crackdowns. Analysts scrutinize the streaming giant’s strategies, including the adoption of ad-supported tiers and expansion into sports entertainment. 17 April 2024 – As Netflix prepares to report its earnings on Thursday, attention is drawn to its strategy for sustaining subscriber...
Telegram Founder Pavel Durov Forecasts Rapid Growth Towards One Billion Users
Telegram founder Pavel Durov predicts the messaging app’s user base will soon exceed one billion, emphasizing its neutrality amidst geopolitical pressure and scrutiny. Despite challenges, including allegations of Russian influence, Durov remains committed to Telegram’s role as a platform for diverse communication. 17 April 2024 – Pavel Durov, the billionaire behind Telegram, anticipates the messaging app will soon...
Alliance to End Plastic Waste Releases Groundbreaking Solution Model Playbooks
The Alliance to End Plastic Waste launches innovative ‘Solution Model’ playbooks, providing actionable strategies for stakeholders to combat plastic pollution and promote circularity in the plastic economy. 17 April 2024 – The Alliance to End Plastic Waste has launched the first pair of ‘Solution Model’ playbooks, designed to provide insights and strategies for stakeholders across the plastic value chain....
Visa Unveils Advanced Payment Solutions to Empower Merchants in Evolving Retail Landscape
Visa unveils advanced payment solutions to support merchants in the evolving Click-and-Mortar™ shopping landscape, emphasizing simplified payment experiences and enhanced connectivity. Key enhancements include Developer Assist for partner integration, a revamped SMB platform by Authorize.net, and the expansion of Tap to Phone technology for mobile acceptance. 17 April 2024 – Visa, a global leader in digital payments, announces...
Bank Negara Malaysia to Hold 17th Auction of Special Serial Number Ringgit Banknotes
Bank Negara Malaysia is organizing its 17th Auction of ringgit banknotes featuring special serial numbers, with online bidding open from April 20th to April 27th, 2024, and onsite and live auctions occurring on April 27th, 2024, at Sasana Kijang, Bank Negara Malaysia. Unique serial number banknotes, including sets of the first 10 and super solid numbers, will be up for auction through BNM’s appointed auctioneer, MNP Auctioneers...
Cybersecurity Report Reveals Alarming Trends in Remote Desktop Protocol (RDP) Attacks
Sophos’s latest cybersecurity report reveals a concerning surge in remote desktop protocol (RDP) abuse, with RDP implicated in 90% of cyberattacks in 2023. Despite compromised credentials becoming the leading cause of attacks, many organizations still lack multi-factor authentication, highlighting critical vulnerabilities in their security infrastructure. 17 April 2024 – Sophos, a leading provider of cutting-edge...
Health Ministry Cracks Down on Tadalafil-Laced Ginseng Candy Sold on Lazada
The Health Ministry instructs Lazada to remove Kingu Ginseng Candy from its platform due to the presence of tadalafil, a prescription medication. The product’s labeling deficiencies and health risks associated with tadalafil prompt immediate action, with traders warned against selling items containing harmful ingredients. 16 April 2024 – E-commerce giant Lazada has been directed by the Health Ministry (MOH) to remove all...
Fintech Funding Declines in Asia Pacific, but Global Landscape Holds Promise: S&P Global Market Intelligence
Asia Pacific experiences the largest year-on-year decline in fintech funding, while global landscape shows promising signs with certain regions and segments experiencing growth, according to data from S&P Global Market Intelligence. Late-stage investing is on the rise, and there’s anticipation of fintech companies going public in the coming years. 16 April 2024 – In the first quarter of 2024, Asia Pacific witnessed the...
Juniper Research Predicts 41% Surge in Digital Money Transfers by 2028
Juniper Research forecasts a 41% increase in digital money transfers by 2028, driven by the adoption of mobile money in developing regions and instant payments in developed markets. The top 5 platform vendors for 2024, including Huawei and PayPal, are revealed, with an emphasis on the importance of innovation and a Payment-as-a-Service approach to stay ahead in the competitive landscape. 16 April 2024 – According to a new study...
ACE Programme Produces New Generation of Contractor Entrepreneurs in Sarawak
The ACE Programme in Sarawak celebrates the graduation of 11 successful participants, marking a milestone in nurturing knowledgeable and competitive contractor entrepreneurs for Malaysia’s construction industry. Officiated by Deputy Minister Ahmad Maslan, the ceremony underscores the programme’s effectiveness in driving innovation and fostering entrepreneurship, with plans for its continuation in June 2024. 16 April 2024...
Tencent Enhances Payment Experience for Visitors to Mainland China, Expands Weixin Pay Services for Cross-Border Tourism
Tencent introduces measures to enhance payment experience for visitors to mainland China, including streamlined registration and card linking processes on Weixin Pay, increased transaction limits, and partnerships for QR payment interoperability. The initiatives aim to facilitate cross-border tourism and support the growing trend of mobile payments among international visitors. 16 April 2024 – In a bid to promote cross-border...
AMD Unveils Cutting-Edge AI Chips for Business PCs, Set to Debut in HP and Lenovo Platforms
AMD introduces new series of AI-enabled chips tailored for business PCs, including the Ryzen PRO 8040 Series for laptops and mobile workstations, and the Ryzen PRO 8000 Series for desktops, set to launch in platforms from HP and Lenovo in the second quarter of 2024. 16 April 2024 – Advanced Micro Devices (AMD.O) announced on Tuesday the launch of its latest series of chips tailored for artificial intelligence-enabled personal...
Baidu’s Ernie Bot Dominates China’s AI Chatbot Market with 200 Million Users Amidst Rising Competition
Baidu’s Ernie Bot achieves a milestone with over 200 million users, facing stiff competition from emerging rivals like Moonshot AI’s Kimi in China’s AI chatbot market. Despite challenges, Ernie Bot continues to grow and serve a large base of enterprise clients. 16 April 2024 – Baidu, China’s leading technology company, announced on Tuesday that its artificial intelligence chatbot, “Ernie Bot,”...
What Drives Educators’ Online Safety Practices in Asia
A collaborative study by Kaspersky and Associate Professor Jiow Hee Jhee reveals the motivational drivers behind cybersecurity behaviors among educators in Asia, emphasizing the role of coping appraisal and positive messaging in promoting online safety. 16 April 2024 – A recent collaboration between cybersecurity firm Kaspersky and Associate Professor Jiow Hee Jhee from the Singapore Institute of Technology has shed light on the...
Apple Smartphone Shipments Drop 10% in Q1 2024 as Samsung Secures Top Spot Amidst Android Onslaught
Apple’s smartphone shipments experienced a 10% decline in Q1 2024, yielding the top spot to Samsung amidst heightened competition from Android manufacturers. With challenges in key markets like China, Apple faces pressure to innovate and address investor concerns regarding its AI development strategy. 15 April 2024 – According to data released by research firm IDC on Sunday, Apple’s smartphone shipments experienced a...
BrandShield Dismantles Over 250 Websites Trafficking Counterfeit GLP-1 Drugs, Raises Alarm on Patient Safety
Cybersecurity firm BrandShield shuts down over 250 websites selling counterfeit GLP-1 drugs, amid rising concerns about patient safety and public health risks associated with fake medications. 15 April 2024 – BrandShield, a leading cybersecurity firm, has successfully shut down more than 250 websites trafficking counterfeit versions of popular weight-loss and diabetes medications in the GLP-1 class, CEO Yoav Keren disclosed...
Adobe Unveils Integration of Third-Party AI Tools in Premiere Pro for Advanced Video Editing Capabilities
Adobe reveals plans to integrate third-party AI tools, like OpenAI, into its Premiere Pro software, aiming to introduce advanced features for automated video editing. 15 April 2024 – In a strategic move to enhance its widely used Premiere Pro application, Adobe (ADBE.O) has announced plans to integrate third-party generative artificial intelligence (AI) tools, including those from OpenAI and other startups. This initiative,...
