Hewlett Packard Enterprise Enhances Enterprise Connectivity with New Wi-Fi 7 Access Points
Hewlett Packard Enterprise has launched Wi-Fi 7 access points offering increased capacity, security, and location-based services for enterprise applications. 24 April 2024 = Hewlett Packard Enterprise (NYSE: HPE) has announced the launch of Wi-Fi 7 access points (APs), offering up to 30% more capacity for wireless traffic compared to competitors. These APs, part of the HPE Aruba Networking portfolio, also enhance network security and...
Brother Malaysia Partners with Sunway College to Empower Individuals with Disabilities through Sewing Initiative
Brother International Malaysia partners with Sunway College & Stylo, Fashion Design Technology Hub to support the Spastic Children’s Association of Selangor and Federal Territory, providing sewing machines and training to empower individuals with spastic disabilities. The initiative aims to foster creativity and self-reliance, creating opportunities for independence and skill development. 23 April 2024 – Brother...
Mox Bank Named Among Fastest-Growing Digital Banks Globally by Oliver Wyman
Mox Bank Limited has been recognized as one of the fastest-growing digital banks globally by Oliver Wyman. The acknowledgment highlights Mox’s remarkable growth and innovative product offerings, with its CEO emphasizing a commitment to customer needs and agility in delivering solutions. 23 April 2024 – Mox Bank Limited (“Mox”) has earned recognition from global management consulting firm Oliver Wyman as one of...
Islamic Banking on the Rise: Mambu Study Reveals Growing Trend Among Millennials and Gen Z in Southeast Asia
Mambu’s research reveals that millennial and Gen Z Muslims in Southeast Asia, particularly in Malaysia and Indonesia, are increasingly embracing Islamic banking, with significant interest in Shariah-compliant products. The study underscores the importance of technology and ethical investments in banking services. 23 April 2024 – A recent study conducted by Mambu, a leading SaaS cloud banking platform, has unveiled a...
Malaysia Launches Unicorn Golden Pass to Attract Global Tech Giants and Foster Innovation
Malaysia launches Unicorn Golden Pass initiative to attract global tech giants, offering incentives for setting up in the country. The KL20 Action Plan outlines measures to accelerate the startup ecosystem, focusing on capital, talent, and quality of startups. 22 April 2024 – Malaysia is set to launch the Unicorn Golden Pass initiative, aiming to attract global unicorns and create high-skilled, high-value jobs, as announced by...
Malaysia Commits RM1 Billion to Boost Start-ups and Innovation: KL20 Summit Unveils Ambitious Plans
Malaysia earmarks RM1 billion for a “National Fund-of-Funds” to support start-ups and drive innovation. Additionally, agreements with 25 entities from various sectors aim to foster cutting-edge technology ventures, while plans for a city-to-city connection between Kuala Lumpur and Hangzhou are set to enhance Malaysia’s connectivity and access to major economies. 22 April 2024 – In a bid to drive innovation and...
Malaysia’s KL20 Summit: Ambitious Reforms to Drive Investment and Tech Growth
Malaysia’s KL20 Summit introduces reforms to attract investments and empower local entrepreneurs amidst global challenges. 22 April 2024 – Malaysia’s Prime Minister, Datuk Seri Anwar Ibrahim, unveiled ambitious reforms at the KL20 Summit 2024, aimed at attracting high-quality investments and empowering local entrepreneurs. Anwar emphasized Malaysia’s stable government, good governance, and pro-trade legacy,...
Shopee Unveils Insights into Generation Z Shopping Trends in the Digital Era
Shopee’s survey reveals Generation Z’s preferences for user-friendly platforms, comprehensive product information, and value maximization strategies, highlighting the importance of these factors in capturing their attention in the digital era. 19 April 2024 – Shopee, a leading e-commerce platform, has released findings from its survey titled “Engaging Generation Z Shoppers in the Digital Era,” shedding...
MATRADE and Amazon Global Selling Collaborate to Boost Malaysian SMEs in Cross-Border E-commerce
MATRADE and Amazon Global Selling have joined forces to boost Malaysian SMEs in cross-border e-commerce, offering comprehensive training and support to empower local entrepreneurs. With a focus on leveraging Amazon’s global platform, the collaboration aims to facilitate international success for Malaysian brands. 18 April 2024 – In response to the increasing demand from Malaysian businesses, MATRADE (Malaysia External...
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...
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...
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...
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...
Shopee Leads Safety Ratings as Facebook Faces Surge in E-commerce Scams
Shopee achieves top safety rating in e-commerce, alongside Amazon and Lazada, while Facebook sees a surge in reported scams, underscoring the need for enhanced safety measures and collaborative efforts to combat online fraud effectively. 13 April 2024 – Shopee has emerged as a top performer in the E-commerce Marketplace Transaction Safety Ratings (TSR), achieving a full four ticks alongside industry giants like Amazon, Lazada,...
Malaysia Unveils Single Window Initiative to Enhance Startup Ecosystem Ahead of KL20 Summit
Malaysia’s Ministry of Science, Technology, and Innovation unveils the Single Window Initiative to simplify processes and provide comprehensive support for startups, aligning with the objectives of the upcoming KL20 Summit to propel the country’s startup ecosystem to new heights. 13 April 2024 – Malaysia’s Ministry of Science, Technology, and Innovation (MOSTI) has announced the launch of the Single Window...
Alibaba Cloud Slashes Prices to Woo AI Developers in Global Market Battle
Alibaba Cloud announces significant price reductions for products hosted on its offshore data centers, aiming to attract AI software developers amidst intensifying competition. This strategic move reflects Alibaba’s commitment to enhancing its global competitiveness and fostering innovation in the cloud computing sector. 8 April 2024 – Alibaba Cloud, the cloud computing arm of Chinese e-commerce giant Alibaba Group...
AutoCount Unveils Cutting-Edge e-Invoice Platform Ahead of Malaysia’s Mandate
AutoCount launches its innovative AutoCount e-Invoice Platform (AIP) ahead of Malaysia’s e-Invoicing mandate, offering seamless integration with the LHDN MyInvois system and advanced features to streamline business operations and ensure compliance. 8 April 2024 – AutoCount, a leading provider of business software solutions, has taken a pioneering step in Malaysia’s digital transformation journey by unveiling its...
Shopee Unveiled as Title Partner for Inaugural ASEAN Club Championship, Pioneering the Shopee Cup in Southeast Asia
The ASEAN Football Federation (AFF) partners with Shopee for the inaugural ASEAN Club Championship, to be titled the Shopee Cup. Set to commence on July 17, the tournament will feature 14 ASEAN clubs in a league format, aiming to elevate ASEAN club football and engage football fans across the region. 5 April 2024 – The ASEAN Football Federation (AFF) has unveiled Shopee as the title partner for the inaugural ASEAN Club...
Singapore Emerges as Top Startup Investment Hub in Southeast Asia, Attracting US$6.1 Billion in Funding in 2023
Singapore emerges as the leading startup investment hub in Southeast Asia, attracting a record US$6.1 billion in funding in 2023, as reported by Enterprise Singapore. Early-stage funding dominates the investment landscape, showcasing Singapore’s resilience amidst a global decline in startup funding. 5 April 2024 – Singapore solidified its position as the premier destination for startup investments in Southeast Asia, with a...
Malaysian Small Businesses Eye Strong Growth in 2024 Amid Optimism and Tech Adoption
CPA Australia’s survey reveals robust growth prospects for Malaysian small businesses in 2024, with 78% anticipating growth, fueled by confidence in the economy and increased technology adoption. While concerns persist regarding rising business costs and cybersecurity risks, there is a growing focus on innovation, ESG practices, and government support to drive sustainable growth and competitiveness. 3 April 2024 – A recent...
