Kuala Lumpur Hosts ASEAN-China Summit on Innovation and Industry Growth
The ASEAN (Malaysia)-China Conference on Emerging Industries opened in Kuala Lumpur, emphasizing enhanced cooperation in new energy, digital technology, and cultural industries. Over 300 participants attended, highlighting strategic partnerships and exploring new growth opportunities in Malaysia. 11 June 2024 – On June 5, Kuala Lumpur hosted the opening ceremony of the ASEAN (Malaysia)-China Conference on Emerging Industries....
PUC Bhd to Acquire Alevate Capital and Alevate Solutions for RM200 Million in Strategic Fintech Expansion
PUC Bhd has agreed to acquire Alevate Capital Sdn Bhd and Alevate Solutions Sdn Bhd for RM200 million, aiming to enhance its fintech capabilities and expand its market presence. 10 June 2024 – PUC Bhd has entered into a heads of agreement to acquire the entire equity stakes in Alevate Capital Sdn Bhd and Alevate Solutions Sdn Bhd for RM200 million, a deal to be settled in cash and shares. The vendors of the companies, Eatcosys...
DA Launches First Advanced Implant Strategies Centre of Excellence in Penang, Setting a New Standard for Dental Care in Asia
Dontia Alliance Pte. Ltd. has launched its first Advanced Implant Strategies Centre of Excellence in Penang, Malaysia, in collaboration with SmileBay Dental, marking the beginning of a planned network of premier dental implant centres across Asia. This initiative aims to enhance clinical excellence, patient care, and accessibility to implant treatments throughout the region. 10 June 2024 – Dontia Alliance Pte. Ltd....
DJI’s Groundbreaking Drone Deliveries on Mount Everest Revolutionize Mountaineering Logistics
DJI’s groundbreaking drone delivery trials on Mount Everest demonstrated the DJI FlyCart 30’s ability to transport supplies and waste in extreme conditions, potentially revolutionizing mountaineering logistics and enhancing safety for Sherpas. This innovation highlights the future potential of drone technology in high-altitude operations and environmental conservation. 5 June 2024 – DJI has successfully completed the...
MGBF and Nikkei scoutAsia Unveil Future of Media and Business Intelligence
The Malaysia Global Business Forum (MGBF) and Nikkei scoutAsia hosted a roundtable event on the “Strategic Convergence of Media and Business Intelligence,” bringing together experts to discuss how integrating media insights with business intelligence can drive strategic growth. Key topics included identifying market opportunities through real-time media insights and addressing strategic gaps using comprehensive...
TalentCorp Reinforces Global Commitment Through MyHeart Initiative with Strategic Partnerships in Japan
TalentCorp, under the Ministry of Human Resources, reinforces its commitment to leveraging Malaysian talent abroad through the MyHeart initiative. With strategic partnerships in Japan, including support for the MJVC2024 conference, TalentCorp continues to engage and empower the Malaysian diaspora for national development. 5 June 2024 – Talent Corporation Malaysia Berhad (TalentCorp), operating under the Ministry of Human...
Shopee Launches 6.6 Mid-Year Fashion Sale: Unbeatable Deals, Free Shipping, and Exciting Prizes Await
Shopee’s 6.6 Mid-Year Fashion Sale, running from May 31 to June 9, 2024, offers unparalleled fashion deals, daily Free Shipping vouchers, RM1 fashion must-haves, and risk-free shopping with 15 Days Free Returns. Shoppers can also win up to RM3,000 cash and an Ora Good Cat electric car. 5 June 2024 – Shopee is set to captivate fashion enthusiasts with its 6.6 Mid-Year Fashion Sale, the largest fashion event in Shopee’s...
Malaysia Unveils Groundbreaking Tax Incentive Scheme to Boost Digital Economy
Malaysia has introduced a new tax incentive scheme for digital companies, offering reduced corporate tax rates and investment tax allowances to attract high-growth, high-value sector investments. This initiative aims to solidify Malaysia’s position as a digital hub and stimulate economic growth. 31 May 2024 – The Malaysia Digital Economy Corporation (MDEC), in collaboration with the Ministry of Digital (KD) and the...
Forrester Forecasts $6.8 Trillion in Global Online Retail Sales by 2028, Emphasizes Omnichannel Strategies
Global online retail sales are forecasted to grow from $4.4 trillion in 2023 to $6.8 trillion by 2028, with significant regional variations in e-commerce maturity and growth. Despite the rise of e-commerce, 76% of global retail sales will still be offline in 2028, emphasizing the need for robust omnichannel strategies. 30 May 2024 – Forrester has forecasted that global online retail sales will rise significantly from $4.4...
Honoring Excellence: SHIPBA 2024 Recognizes Malaysian Entrepreneurs and Businesses
SHIPBA 2024, hosted by ShangHai Business Media, celebrated the accomplishments of Malaysian entrepreneurs and businesses, underscoring their significance in driving economic growth and innovation. 29 May 2024 – On May 16, 2024, the prestigious “ShangHai International Prestige Business Awards (SHIPBA) 2024” banquet ceremony took place at One World Hotel, organized by ShangHai Business Media. The event served as a...
Shopee Launches Affordable Muslimah Fashion Capsule Collection in Partnership with Local SMEs
Shopee partners with Malaysian Muslimah fashion SMEs to launch the affordable 6.6 GayaLitLit #ShopeeHaul collection, offering versatile styles for under RM40 to support local sellers and boost women’s confidence. The initiative enhances the shopping experience with improved delivery options and a hassle-free returns policy. 29 May 2024 – Shopee has announced a new partnership with diverse Malaysian Muslimah fashion SMEs to...
MiR and KVC Revolutionize Malaysian Manufacturing with AI-Powered AMRs at SEMICON SEA 2024
MiR and KVC Industrial Supplies introduced the AI-powered MiR1200 Pallet Jack and compact MiR250 at SEMICON SEA 2024, aiming to enhance productivity and safety in Malaysia’s manufacturing sector through advanced automation. This partnership aligns with Malaysia’s digital transformation goals, addressing labor shortages and operational efficiency. 29 May 2024 – Mobile Industrial Robots (MiR) and KVC Industrial...
Access Group Launches Free eInvoicing Feature for UBS Software Ahead of Malaysia’s New Regulations
The Access Group has announced the introduction of eInvoicing for UBS software in Malaysia, aligning with new LHDN regulations starting in August 2024. This feature will be offered free to active UBS users and aims to enhance digital invoicing capabilities while ensuring compliance and efficiency. 28 May 2024 – The Access Group (Access) today announced the rollout of an eInvoicing feature specifically designed for its UBS...
Equinix Unveils Cutting-Edge Data Centers in Malaysia to Propel Digital Transformation and Economic Growth
Equinix, Inc. has opened two new IBX® data centers in Johor and Kuala Lumpur, enhancing Malaysia’s digital infrastructure and supporting its ambition to become a regional digital hub. These facilities will provide businesses with advanced connectivity and support Malaysia’s digital transformation goals under the MyDIGITAL initiative. 27 May 2024 – Equinix, Inc., the global leader in digital infrastructure, has inaugurated...
David Beckham Joins AliExpress as Global Ambassador for UEFA EURO 2024™ Campaign
AliExpress has announced David Beckham as its global brand ambassador to promote its UEFA EURO 2024™ campaign, enhancing fan engagement through interactive games and exclusive prizes. The campaign highlights AliExpress’s commitment to global consumer experience and investment. 27 May 2024 – Following its announcement in March of becoming the exclusive global e-commerce partner of UEFA EURO 2024™, AliExpress has now officially...
BEST Express Malaysia Celebrates 50 Years of Malaysia-China Relations with Commitment to Innovation and Community Development in Melaka
BEST Express Malaysia, celebrating the 50th anniversary of Malaysia-China diplomatic relations, emphasizes its commitment to providing innovative logistics solutions in Melaka, supporting local businesses, and fostering economic growth. CEO Gavin Lu highlights the company’s dedication to blending Melaka’s rich cultural heritage with modern logistics, ensuring top-notch services and community development. 27 May 2024...
Securities Commission Expands Adviser Eligibility for LEAP Market to Boost SME Listings
The Securities Commission is considering allowing a broader range of advisers, including startup accelerators and venture capitalists, for LEAP Market listings on Bursa Malaysia, aiming to diversify and enhance advisory support for SMEs as part of its 2024-2028 roadmap. 23 May 2024 – The Securities Commission (SC) is contemplating a significant change in the advisory landscape for LEAP Market listings on Bursa Malaysia by...
AI+ Taipei Startup Pitch Contest Invites Global Innovators to Shape the Future of AI
The Taipei Entrepreneurs Hub invites AI startups globally to join the “AI+ Taipei Startup Pitch Contest,” offering a platform for innovators to present their ideas and collaborate with partners in Taipei, with applications open until June 28, 2024. 23 May 2024 – The Taipei Entrepreneurs Hub (TEH), under the Taipei City Department of Economic Development (DOED), is calling all AI startups worldwide to participate in...
Inaugural AI Summit Singapore to Drive Innovation and Collaboration in AI
The AI Summit Singapore, part of the renowned AI Summit Series, will make its debut at The Singapore EXPO from May 29-31, 2024, as the anchor flagship event of ATxEnterprise within Asia Tech x Singapore (ATxSG). This premier gathering will unite industry leaders to discuss the latest advancements in AI and emerging technologies, shaping the future of innovation in Asia’s AI landscape. 21 May 2024 – The AI Summit Singapore,...
Success at the 2nd China-ASEAN Innovation and Entrepreneurship Competition in Jakarta
The 2nd China-ASEAN Innovation and Entrepreneurship Competition concluded successfully in Jakarta, fostering dialogue and cooperation in scientific and technological innovation between ASEAN countries and China. With a focus on the digital economy, the competition showcased outstanding projects from across the region, with top winners awarded in both the Team and Enterprise Groups. 19 May 2024 – The final round of the 2nd...
