Boeing relaunches its Malaysian manufacturing site as Boeing Composites Malaysia

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    Progress over past 77 ages, a recognition of aviation industry capabilities

  • Site is Boeing’s second absolutely owned manufacturing facility in Southeast Asia.

Boeing relaunches its Malaysian manufacturing site as Boeing Composites Malaysia

Boeing, a worldwide manufacturer of aircraft, has been operating in Malaysia for 77 years, expanding its presence there beyond its business office and sales and service team. It has both a manufacturing center in Kedah and a worldwide support service in Cyberjaya.

That production facility, Aerospace Composites Malaysia, first a joint venture with Indonesian companion, Hexcel Corporation, which Boing completely acquired in Dec 2023, was relaunched today as Boeing Composites Malaysia.

The service, which is Boeing’s primary absolutely owned manufacturing facility in Southeast Asia, offers hybrid products and subassemblies for all Boeing commercial aircraft models, including the 737 MAX and 787 Dreamliner. The page employs an all-Malaysian labor of about 1, 000 people. &nbsp,

” Malaysia needs both speed and scale to accelerate manufacturing practices and proactively develop the country’s aerospace industry” ,&nbsp, said Hairil Yahri Yaacob, Secretary General of Malaysia’s Ministry of Investment, Trade and Industry ( MITI).

” MITI, through MIDA and NAICO Malaysia, is committed in creating an environment that supports quick business development, especially in high-value areas like aircraft. We are thankful for Boeing’s devotion to Malaysia”.

Joining Hairil at the restart was United States Ambassador to Malaysia, Edgard D. Kagan, Boeing people, representatives from the Malaysian authorities and Boeing’s companions in Malaysia.

” I’m convinced that Boeing has found Malaysia more than able to support the intelligence needed to produce high-quality parts for your global consumers,” Hairil continued.

” Our superior service and talented team in Kedah play a vital role in Malaysia’s growing aircraft business”, said Penny Burtt, leader, Boeing Southeast Asia. We are “ecstatic to work with the Malaysian Investment Development Authority” and applaud Boeing Composites Malaysia’s outstanding safety and quality record.

Sikh Shamsul Majid, CEO of MIDA, said,” This is a strong testament to our skilled workforce and our strategic position in the aerospace industry. The global aerospace supply chain is fully supported by Boeing Composites Malaysia.

Boeing’s 77-years partnership with Malaysia which dates to 1947 when Malayan Airways Limited acquired its first Douglas DC-3, supports the development of aerospace and defense capabilities through safety training, sustainability workshops, supply chain development, university collaborations and community impact initiatives.

Together with the relaunch, Boeing also announced a US$ 10, 180 ( RM44, 000 ) higher education grant to the Institut Kemahiran Belia Negara ( National Youth Skills Institute ) in Jitra, Kedah to train 30 students in machining technology and fabrication, while guiding them toward employment possibilities in the aerospace industry.

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EDB commits additional US.5 million funding, facilitates partnerships with startups

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  • EDB has so far helped 24 firms build 14 projects, with more to travel
  • To work with 9 companies to reduce collaborations between S’pore companies &amp, business

EDB commits additional US$24.5 million funding, facilitates partnerships with startups

The Singapore Economic Development Board ( EDB) is committing US$ 24.5 million ( RM106 million ) in fresh funds over the next two years to continue driving corporate venturing in Singapore. The organization stated in a statement that the third edition of the Corporate Venture Launchpad ( CVL 3.0) also aims to facilitate the formation of partnerships with startups.

It added that, along with nine appointed CVL 3.0 lovers, EDB’s New Ventures team will work with selected firms to develop in new development areas. The partners will assist businesses in launching new businesses and establishing tools for successful corporate-startup cooperation.

The first edition of CVL was launched in May 2021 with US$ 7.6 million ( RM32.8 million ) in pilot funding. EDB expanded the program in July 2022 to include more businesses and committed additional funding of US$ 15 million ( RM 66 million ). Since the start of CVL, EDB has supported 24 firms in launching 14 new projects, with more projects in the pipeline.

]1 MYR = 0.231206 USD]

These endeavors are headquartered in Singapore, specific local markets, and make exciting career opportunities there. They have also received over US$ 53.7 million in follow-on revenue from existing and new owners. At least ten of these businesses are creating several businesses, with some establishing independent projects. Six of the new businesses are focusing on opportunities in development fields like AI and ecology.

EDB commits additional US$24.5 million funding, facilitates partnerships with startupsJacqueline Poh ( pic ), managing director of EDB, said:” The CVL programme has been a catalyst for companies to innovate for growth by leveraging Singapore’s world-class business ecosystem. The program confirms EDB’s dedication to working with businesses to create new ventures and foster mutually beneficial partnerships between corporations and companies.

Expanded program to assist corporate-startup partnerships

The expanded CVL 3.0 program may offer support for corporate-startup partnerships, providing an extra pathway for companies to get innovative products, services, and technology.

Instead of launching their own business, the businesses will collaborate with Open Innovation Partners to join with existing, top-notch startups and work together to achieve tangible business benefits. Such benefits include co-developing materials in Singapore to generate new revenue streams or adopting techniques that increase production and lower prices.

In order to boost the local innovative habitat, it added that companies will have more opportunities to grow by tapping into actual business need in Singapore.

Siemens ‘ collaboration with Artisan Green serves as an example of how corporate-startup partnerships can promote creativity and growth. Isabel Chong, senior vice president and head of Siemens Digital Industries in ASEAN, said:” Partnering with businesses is part of our long-term development plan at Siemens. For instance, our collaboration with the local horticultural farm Artisan Green makes use of our technology and digitalization tools to boost its output and scale operations. It exemplifies the interaction between Artisan Green’s strategy to industrial farming and our shared commitment to the production of high-quality, locally grown produce.

She added that she is pleased that EDB’s Business Venture Launchpad program is dedicating aid to nurturing corporate-startup collaboration and driving greater industry-wide engagement.

Ongoing focus on strengthening long-term opportunity creation capabilities

By establishing new businesses with a siège in Singapore, CVL 3.0 will continue to assist businesses in diversifying business prospects. In partnership with Venture Studio Partners, participating businesses will learn how to evaluate concepts within six-month sprints, as well as create sustained, long-term walk design capabilities.

After participating in CVL, world specialist engineering firm IMI plc established its in-house venturing division, IMI Venture Studio, to further produce green energy ventures. Marco Placidi, brain of Venture Studio at IMI corporation, said:” CVL has been a key element in IMI’s decision to build its enterprise studio in Singapore. EDB has created a strong ecosystem of business partners and corporations, which is enabling IMI to launch a number of ventures geared toward decarbonization and sustainability in the energy and commercial sectors.

He added that EDB’s expert help throughout the opportunity jumps and beyond has been crucial in establishing effective projects and attracting experienced, entrepreneurial ability. Through walk capital, IMI sees a lot of potential for new business expansion and technological advancement in the future, Placidi said.

Venture Studios and Open Innovation Partners make up the nine CVL lovers. They will offer tailored support based on the expertise level of each company, bringing their special capability-building products, procedures, skills, and assets.

Another aid characteristics of CVL 3.0 include:

  • EDB funding each idea validation sprint and business partnership initiative with up to 50 % of professional services and labor costs.
  • Find businesses will also be able to launch and level pilot projects that they co-developed with their startup partners and receive additional funding.
  • Where appropriate, EDB will build its enterprise builders and expert support to be part of the concept validation sprints and business partnership initiatives, both,
  • Potential access to a network of relevant VCs and family offices, as well as regional and global ecosystem connections, including investment opportunities from EDBI.

Companies can now submit applications to take part in CVL 3.0. Click here for more details.

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Pikom strengthens Malaysia’s digital economy through MoU with nasscom

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  • Partnership to enhance Malaysia’s digital market, promote global tech standing
  • 7 American firms in M’sia committed to education and hiring at least 5k&nbsp, individuals

From left: Rajesh Nambiar, chairperson of nasscom, Gobind Singh, Digital minister, Ong Chin Seong, chairman of Pikom

Pikom, the National Tech Association of Malaysia has announced the filing of a MoU&nbsp, with nasscom, the trade system and chamber of commerce of the software industry in New Delhi, India, on August 21. This agreement is set to create significant opportunities for Malaysia’s electronic economy, reinforcing the world’s sitting in the global tech environment, the organization said in a speech.

The MoU was signed during Anwar Ibrahim’s state visit, which highlighted the deepening relationships between Malaysia and India in the engineering industry. The occasion was graced by Gobind Singh Deo, Malaysia’s Digital Minister.

The Digital Ministry just announced that at least 5, 000 Malaysians will be trained and hired by seven international American firms with occurrence in the country. At the same time, at a conference in New Delhi, the Malaysia Digital Economy Corporation ( MDEC ) and nasscom signed a memorandum of understanding.

Pikom stated that it will use nasscom’s cooperation to help with this endeavor. The MoU marks a critical step in the agency’s efforts to further promote Malaysia’s modern business by fostering innovation, enhancing business admittance, and strengthening diplomatic relations between Malaysia and India.

The main areas of interest for this MoU include:

    Facilitating Mutual Exchange of Information: Both parties will exchange insights on the tech industry landscapes of India and Malaysia, including recent shifts, challenges, and potential growth areas. This exchange will help businesses in both countries learn how to navigate and understand one another’s markets.

  • Plans to organize and support collaborative events, both virtual and in-person, to increase collaboration between Malaysian and Indian technology companies.
  • Engaging Subject Matter Experts: Nasscom and Pikom will invite industry experts to share case studies and offer advice on growth strategies, best practices, and other relevant topics, assisting businesses in both nations to achieve greater success.
  • Fostering Networking Opportunities: The agreement includes provisions for organizing networking opportunities between Indian and Malaysian IT companies, focusing on collaboration, research and development, and joint go-to-market strategies.
  • Establishing Special Interest Groups: A Special Interest Group will be established to facilitate the Malaysian market’s use of joint industry positioning and promote collaborative efforts.

Ong Chin Seong, Pikom’s chairman, stated,” Pikom is thrilled to strengthen its cooperation with nasscom through this MoU. We aspire to develop this into a stronger, comprehensive strategic partnership in the same way that the relationship between Malaysia and India has evolved over time. Through knowledge sharing and joint initiatives, we aim to create a more vibrant and interconnected ecosystem”.

Meanwhile, Rajesh Nambiar, chairperson of nasscom, said,” This MoU signifies a new chapter in the relationship between the Indian and Malaysian tech industries. We are committed to expanding this collaboration, which will not only expand the scope of both countries ‘ markets but also encourage innovation and growth in the region.

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 MyIX launches second intake for talent development programme

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  • conducted with Forward College’s assistance in the program
  • Aims to provide grads, early-career professionals with critical industry skills

 MyIX launches second intake for talent development programme

The Malaysia Internet Exchange ( MyIX ) has announced the second intake of its Talent Development Programme, a crucial component of its corporate social responsibility efforts to train Malaysians in telecommunications and internet infrastructure.

The initiative, conducted in cooperation with Forward College, is designed to provide new graduates and early-career professionals with critical business skills. Individuals will gain expertise in fields like IP network ‘ system functions and AI-driven traffic analysis, which will prepare them for positions in the quickly expanding provider and data sectors.

Following the success of the initial intake earlier this year, MyIX chairman Chiew Kok Hin ( pic ) stated that the association continues to support Malaysia’s digital talent pool, responding to the growing need for skilled professionals in the telco and data industries.

” At MyIX, we think it’s important to give back to the community by creating a long-term skills network. This program is our commitment to preparing Malay for the modern future, making sure they have the knowledge and skills they need to excel in our nation’s rapidly expanding and evolving digital landscape,” he continued.

The demand for qualified professionals in the company and web sectors will only increase as the digital market grows year by year. Through this program, we aim to motivate members, giving them the tools they need to succeed”, Chiew said.

The project, which is totally free, offers a complete seven-day coaching program focusing on important areas such as Internet Networks, program operations management, and emerging technologies like AI in traffic analysis and DDoS mitigation. Effective applicants will research the intricate workings of contemporary telecommunications and computer system, including system and operations management, system and network components, and the backbone of data transmission and communication.

Additionally, members will know about developed issues like AI-driven traffic analysis and DDoS prevention, equipping them with cutting-edge information needed to excel in today’s company and information industries.

Through specialized knowledge in the company and information industries, increased networking opportunities with professionals, and practical skills that can be quickly applied in the workplace, joining in the program offers a path to career progression. Participants also stand to gain from both personal and professional growth by becoming more valuable assets to their employers and preparing them for exciting job opportunities by mastering complex technologies and promoting global connectivity.

While the programme does not guarantee job placement, outstanding graduates will be highlighted to MyIX members such as Maxis, Telekom Malaysia, Celcom Digi, AIMS, TIME, U Mobile, and many more.

The upcoming intake will be held from 2- 4 October and 7- 10 October 2024 at the MyIX corporate headquarters located in Puchong, Selangor. For more information, please visit: https ://myix .forward .edu.my/

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Jonathan Asherson appointed as Chairman of Polytron.AI and board member of Vizzio Technologies

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  • Appointment follows Eddie Chau, a known number in S’pore’s tech ecosystem
  • Career spans years in it &amp, architecture, marked by command at Rolls Royce

Jonathan Asherson appointed as Chairman of Polytron.AI and board member of Vizzio Technologies

Vizzio Technologies has announced the appointment of Jonathan Asherson ( pic ), former chairman of Rolls Royce Singapore for AsiaPac, to its prestigious Board of Directors. Additionally, Asherson may serve as Polytron’s chair. AI, a company of Vizzio Technologies. His contrast brings a wealth of experience and expertise that will significantly improve Vizzio’s leadership, management, and proper way.

According to the agency, Asherson’s career spans years in the technology and architectural industries, marked by his command at Rolls Royce. His visit underscores the bank’s commitment to attracting top-tier ability to generate Vizzio’s eyesight forward. As president of Polytron. AI, Asherson may play a vital role in guiding the subsidiary’s modern efforts and advancements in AI-powered camcorder systems for clever area, safe area, and round city initiatives.

Mohd Nor Abu Bakar, president of Vizzio Technologies, said,” Asherson’s extensive information and proven track record coincide perfectly with our goal to revolutionise the 3D business, supercharged by our quick 3D modeling workflow. This method establishes a new standard for quick digital twin techniques by lowering the cost of creating digital twins significantly and further underlines our superiority over conventional earth scanning techniques that rely on LIDAR technology.

His proper direction will be important as we continue to innovate and expand, he continued.” His belief in the power of our AI-powered 3D Modelling &amp, Visualization technology is inspiring.”

Mohd Nor added that Asherson’s business and architectural expertise comes at a crucial time as the business begins a new era of growth and innovation. ” With Asherson’s advice, we are assured in achieving substantial progress and reaching greater goals. His confidence in Vizzio’s features and dedication to steering the company towards accomplishment speaks volumes about his faith in Vizzio’s branded AI-powered 3D Mapping/Visualisation and Polytron’s real-time interactive 3D lens technologies”.

According to Asherson,” After speaking with the Vizzio Board and Management Team, it became clear that they are a company with potential within a strong growth industry.” I was moved by their commitment to innovation and delivery, and I’m confident that we can experience remarkable growth and success. I’m confident that the company is on the verge of a transformational journey because of this alignment of goals and drive.

He added that the collaboration between Polytron and Vizzio. AI epitomises the fusion of space technology, advanced generative AI in 3D modeling and visualisation, city-scale 3D digital twins, and its innovative LIVE 3D™. ” Together, we are poised to usher in a transformative era of AI-first products and solutions for real-world 3D projects, setting new standards in the industry”, Asherson said.

As a result of Asherson’s appointment, Vizzio will achieve a significant milestone in terms of both strengthening the company’s strategic direction and reaffirming its commitment to pushing the boundaries of technological innovation. His appointment follows the addition of Eddie Chau, a renowned figure in Singapore’s tech ecosystem, who joined the company’s Board last month.

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Solvarvest and AGMO form joint venture to lead digital revolution in clean energy sector 

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  • to contain Powerbee natural EV charging ecosystem and Vestech EcoHomes solutions andamp;
  • Will develop online applications that improve the performance, scalability of fresh energy solutions

Davis Chong Chun Shiong, executive director and group CEO of Solarvest Holdings Berhad; Hj. Mad Zaidi bin Mohd Karli, secretary general, Ministry of Energy Transition and Water Transformation, Malaysia; Fadillah Yusof, deputy prime minister, Minister of Energy Transition and Water Transformation, Malaysia; Ahmad Zairin Ismail, chairman of Sustainable Energy Development Authority (SEDA) Malaysia; Tan Aik Keong, non-independent executive director & CEO of Agmo Holdings Berhad at the joint venture signing ceremony between Solarvest and Agmo.

A proper joint venture between Solarvest Holdings Berhad and Agmo Holdings Berhad has been announced that aims to transform Malaysia’s clean energy industry through advanced online options. The partnership was unveiled during the 6th International Sustainable Energy Summit ( ISES ) 2024, with the Deputy Prime Minister, Haji Fadillah Bin Haji Yusof, in attendance.

Solarvest Energy Sdn. may be a part of this engagement. Bhd. ( a subsidiary of Solarvest ) and Agmo Capital Sdn. Bhd. Working together to create online applications that increase the effectiveness and scaleability of clean energy solutions. The initial focus will be on improving Solarvest’s existing offerings, including its Vestech EcoHomes solutions and the Powerbee green Electric Vehicle ( EV ) charging ecosystem.

Solarvest’s executive director and team CEO, Davis Chong Chun Shiong, emphasized that this relationship advances significantly their effort to create innovative products for the clean power sector. ” Our engagement with Agmo represents a major step forward in our pursuit of fostering development and conservation in the clean energy sector. The modern app we are creating will revolutionize how we scale and manage clean energy solutions by providing users with a smooth, integrated experience. This agreement demonstrates our commitment to advancing solar energy and demonstrates our strategic approach to meeting the needs of the sector. We are working together to improve the scaleability and effects of green power solutions, he said.

Agmo’s CEO, Tan Aik Keong, expressed joy for the engagement, highlighting the potential for their technical competence to improve clean energy accessibility. ” We are excited to begin this partnership with Solarvest, utilizing our technological prowess to advance the clean energy trend. This cutting-edge action in the clean energy industry demonstrates our determination to driving innovation in the sector. By combining Solarvest’s considerable experience in clean power with our innovative digital solutions, this program is poised to be a game-changer, offering a comprehensive program that makes clear energy more accessible and reasonable for both businesses and consumers, effectively supporting Malaysia’s sustainability goals” he added.

This program is anticipated to contribute significantly to meeting Malaysia’s sustainability goals by providing a smooth, integrated approach to tidy energy services as the sector continues to evolve. The JV’s announcement came at the recently concluded 6th International Sustainable Energy Summit ( ISES ) 2024, a crucial forum for dialogue and innovation on sustainable energy. The summit’s theme of” Accelerating Energy Transition Through Innovation,” which was hosted by the Ministry of Energy Transition and Water Transformation ( PETRA ), was organized by Malaysia’s Sustainable Energy Development Authority ( SEDA ) and was a result of Malaysia’s commitment to leading the ASEAN region in the global energy transition through innovative technologies and approaches.

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Elevate Programme graduates see capital market as viable fundraising channels to catalyse growth

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  • Graduating firms ‘ goals are to promote growth and expand their markets.
  • Aims to help SMEs, MTCs build capabilities for cash business funding

In the centre: Azalina Adham, managing director of Securities Commission Malaysia, Navina Balasingam, general manager of Capital Markets Malaysia and Bikesh Lakhmichand, founding partner & CEO of 1337 Ventures with the executive leadership of the companies that participated in the Elevate Programme.

The first cohort of Capital Markets Malaysia ( CMM), an affiliate of the Securities Commission Malaysia (SC), has completed its 2024 Elevate Program. This program aims to help the executive leadership of high-performing small and medium enterprises ( SMEs ) and mid-tier companies ( MTCs ) who want to accelerate growth. It teaches them how to effectively navigate and use fundraising options via the capital market.

CMM created the 10-day Elevate Programme to assist SMEs and MTCs in developing the skills and competencies necessary to meet the specific nuances of investment sector fundraising, whether through an Offering list or private equity investment, with the SC and Bursa Malaysia serving as strategic partners. In particular, the program’s goal is to help senior leaders describe their development vision by fostering investor confidence in their capability for scaling up.

SME and MTCs are essential to our business, and Navina Balasingam, General Manager of CMM, said it is important for us to facilitate available ways to raise funds that are necessary for these companies to grow. The Elevate Programme at CMM was created specifically for this purpose. Through this program, we hoped to help businesses that are prepared for the upcoming growth stage.

She continued, saying that if done correctly, this program will be crucial in developing a vibrant and dynamic network of businesses seeking to list or invest in private capital, while positioning Malaysia’s capital market as a top choice for both fundraising and investing.

This effort supports the nation’s ambitions, as underscored by the SC’s recently unveiled’ Catalysing MSME and MTC Access to the Capital Market: 5-Year Roadmap ( 2024–2028 )’, which sets out a goal of increasing MSME and MTC capital market fundraising by more than five-fold, from US$ 1.4 billion ( RM6.3 billion ) in 2023 to US$ 9.2 billion ( RM40 billion ) by 2028.

SNS Network Technologies, which listed on the ACE Market in September 2022 and completed its move to the Main Market in June this year, are significant graduates from previous Elevate groups, as well as YX Precious Metals Bhd, which listed on the ACE Market in 2022 and has begun the process of transferring to the Main Market.

The most recent Elevate Programme group graduated from the” Demo Day,” where participants presented their equity reports to potential investors and investment bank, putting the lessons learned from the four-month program into exercise. Apart from engaging with buyers, the companies obtained market-relevant, meaningful comments, enabling them to further enhance their plans and strategies to better status their businesses as beautiful investments. The college companies represent a diverse range of industries, including manufacturing, medical, financial, systems, and services, among others, all of which aim to amplify their growth direction and business reach.

The participating companies include Fipper Marketing Sdn Bhd, Gourmet Ingredients Sdn Bhd, Great Pyramid Sdn Bhd, i-Chem Solutions Sdn Bhd, Kasut U Sdn Bhd, Imetal ( M ) Sdn Bhd, and Tera Va Sdn Bhd, to name a few.

A equally diverse group of leaders of high-performing SMEs and MTCs is convened for the next Elevate Programme group, which is scheduled to begin in September 2024. Organizations seeking to meet potential groups may attend https ://www.capitalmarketsmalaysia.com/elevate-programme/ for more information on the project.

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SUSS, WiseNet Asia launch Success Academy in Malaysia to foster entrepreneurship, innovation & regional social impact

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  • Collaboration and the development of potential leaders will be promoted by the club.
  • Within 3 times, 4 more schools will start in Jakarta, Manila, and Mumbai

SUSS, WiseNet Asia launch Success Academy in Malaysia to foster entrepreneurship, innovation & regional social impact

The SUSS Success Academy in Kuala Lumpur, a talent solutions and consulting firm, has been launched by the Singapore University of Social Sciences ( SUSS) and WiseNet Asia, a talent management and consulting firm. This will open up new learning and training opportunities for students in Singapore and Malaysia.

The Academy will serve as a key nexus for academic and industry lovers from both places, fostering alliances and grooming well-rounded potential leaders worthy of excelling and making positive contributions to society. It will be grounded on SUSS’s commitment to learning for life and creating cultural influence.

Through the Academy’s two different paths, Personal Success and Professional Success, SUSS may provide opportunities for students from SUSS and various Singapore pre-tertiary and secondary to collaborate with Malaysian students to learn and create original content. This will include a number of complete programs, including student exchanges and multidisciplinary global learning programs. Also, SUSS students will have the opportunity to work at the same location and work as interns.

Important efforts include:

Student Leadership Development in Social Sustainability: In relationship Belum Eco Resort, SUSS will utilize the hotel’s facilities to produce a place-based learning programme and experienced site, known as Camp R. A. I. S. E. This programme will help students learn about economic stewardship and green practices, eco-preneurship, and well-being and mindfulness strategies.

More than 80 SUSS student-athletes may host games and coaching sessions with Indonesian athletes from various sporting groups in order to enhance their sports and cultural ties with the country. Beyond its undergraduate emphasis, the Academy, anchored on SUSS ‘ skills in adult and workplace learning, will also provide its dual purpose of creating specialized training and development solutions for industry partners, organisations, and institutions.

The ISC is a credit-bearing course that provides a platform for students from Singapore and Malaysia to collaborate on ideas, test, and pivot their proposal in a practical setting. The first of these partnerships, with Universiti Kebangsaan Malaysia, gives Singaporean and Malaysian students the opportunity to study and explore business concepts that are related to sustainability.

Participants in the SUSS Ecopreneur Innovation Programme ( EIP ) made a study trip to Perak in July. The trip aimed to facilitate interactions between the ecopreneurs and local businesses, as well as key players in the startup ecosystem, to explore potential collaborations. &nbsp,

To further advance its work and partnership in Perak, SUSS announced its MoU with Bonanza Educare and Perak Academy to promote knowledge exchange and innovation, internship opportunities, and co-design and co-delivery of experiential programmes.

According to the university, over the past two years, more than 60 SUSS students have engaged in collaborative learning with their Malaysian counterparts. In order to broaden intercultural skills, this initiative, in collaboration with Universiti Tunku Abdul Rahman and Universiti Sains Malaysia, aims to train students to become responsible and capable citizens of a diverse and inclusive world.

SUSS has also collaborated with the Ong Teng Cheong Labour Leadership Institute and the SUSS Center for Applied Research to create specialized training programs for union leaders in the transportation industry. These programmes focus on skills development and are being implemented in Kuala Lumpur, Manila, and India.

The SUSS Success Academy in Kuala Lumpur was inaugurated by Professor Tan Tai Yong, the organization’s president, as it was referred to as” Our collaborative spirit and commitment to providing our students and businesses with meaningful opportunities.” Our partnership with WiseNet Asia will give students in both countries a variety of opportunities to advance their mindsets and skills as part of our goal to be a university that inspires learning for life and has an impact on lives. The beneficial effects that this will have on both countries are exciting to us.

Meanwhile, Wesley Hui, founder of WiseNet Asia Pte Ltd, said:” The collaboration with SUSS is a pivotal step towards shaping the future of young talents, providing them with opportunities for early-stage development. It will allow us to cultivate and mentor young executives, equipping them to thrive in a dynamic world driven by innovation, cutting-edge technologies, and groundbreaking discoveries”.

The Success Academy in Kuala Lumpur marks the latest of a line of academy openings as SUSS continues to expand its educational reach throughout Asia. Last year, SUSS established three academies in Ho Chi Minh City, Beijing, and Shenzhen. In conjunction with Orange Cap Innovative and other partners, SUSS recently established an experiential learning facility for student leadership development with a focus on social sustainability in Bangkok. In the next three months, the university will inaugurate four more academies in Jakarta, Manila, and Mumbai, bringing the total to eight regional academies.

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CelcomDigi, Huawei Malaysia to elevate network productivity with AI-driven 5G network

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  • Collaboration does investigate AI software in CelcomDigi’s” IntelligentRAN
  • Celcom to utilize Huawei’s information for client insights, modern transformation

CelcomDigi’s CEO Idham Nawawi and Huawei Malaysia’s CEO Simon Sun formalising the collaboration between CelcomDigi and Huawei Malaysia.

CelcomDigi Bhd and Huawei Technologies ( Malaysia ) Sdn Bhd have formalised a Memorandum of Understanding ( MoU) to work together on integrating artificial intelligence ( AI ) into CelcomDigi’s network, paving the way to establish one of Malaysia’s most intelligent 4G and 5G-ready networks in the country.

The collaboration will explore applying AI capabilities to CelcomDigi’s Radio Access Network (RAN ) also known as” IntelligentRAN”. This includes the use of a digital baby system to facilitate the quick testing of novel network models, as well as the use of strategic network management capabilities through superior analytics, and the use of multiple support systems to carefully provision network services to enhance the customer experience.

Yet as network infrastructures become more sophisticated, AI and robotics can significantly increase network productivity and innovation. The company will be able to conduct extensive simulations in a virtual network replica due to dwell implementation, accelerating development at lower costs and causing little disruption to customers. Strategic system management, powered by forecast techniques, ensures a consistent and reliable client experience. Furthermore, customers will have access to more personalized and superior wireless services thanks to smart orchestration of 4G and 5G sources.

CelcomDigi’s CEO Idham Nawawi said”, The land is in a perfect place to be a local leader in both 5G and AI growth. In the midst of a fresh 5G-AI-powered era of “digital-everything,” we are actively investing to create the most advanced 4G and 5G system in the nation to realize this goal. With a strong AI-driven community, we believe we are best positioned to build a high-performance 5G system to power Malaysia’s online potential. ” &nbsp, &nbsp,

However, Simon Sun, CEO of Huawei Malaysia, emphasised that Malaysia is at the level of pronunciation for deploying system intelligence as AI systems advances.

Huawei Malaysia is evolving from being an It solutions provider to a collaborative engineer of AI-driven networks in order to accomplish this.” Our vision is to create brilliant networks across Malaysia. By combining the IntelligentRAN and CelcomDigi, we will unlock significant business value by enabling the full integration of AI capabilities across all wireless network layers and ensuring the success of the 5G business, he said.

In addition, in the collaboration, CelcomDigi and Huawei Malaysia will look at how to use cross-domain data convergence from Huawei platforms to gain a comprehensive view of the customer and service lifecycle, foster proactive user experience management, and facilitate seamless digital transformation across the company’s network operations.

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Serious roles demand professional processes and respect to the Chairmen/CEOs

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  • Authorities must be open and professional when choosing tech agency CEOs.
  • Respect the operation, honor the people picked to result to raise the bar on performance

Serious roles demand professional processes and respect to the Chairmen/CEOsLeading government organizations in the engineering industry have always been popular button seats that required tenacity and experience as CEOs.

But the often calm, some would say, mysterious way of picking these leaders leaves lots of room for rumor mongering, up cutting, maneuvering and lobbying. Unsurprisingly, this then leaves a problem level over the appointed individuals. Was the ideal candidate chosen for the position?

Before their official announcements were made, it has also affected the employment of at least two leaders, who were identified by media as incoming CEOs of Digital Nasional Bhd ( in 2023 ) and Cradle Fund Sdn Bhd ( 2022 ). Both provides were secretly rejected by a furious govt. Because nothing was officially announced in the first place, the separate departments, the Ministry of Finance for Digital Nasional and the Ministry of Science, Technology and Innovation for Cradle, were not required to make any presentations. However, one may picture the aggravation and suffering experienced by the affected functions.

One week before the official announcement on 8 October, Dr. Rais Hussin’s appointment as CEO of MRANTI ( now known as TiPM or Technology innovation Park Malaysia ) was also reported in the media. Thankfully, that did not have an impact on his appointment.

However, these appointments are currently being made in a major role that necessitates serious and transparent procedures.

Additionally, there is the lack of professional manner shown to some company managers when their treaties expire. The company market will explain to you in this situation that the Communication Ministry has been specifically at fault since the end of 2002. Nuraizah Abdul Halim, the president since 1998, requested an extension of her contract, but he only learned via telephone ( Gen Z visitors, Bing it please ) that she would not be renewed after 5 p.m. ( Gen Z visitors, Bing it!

On his last evening, Sharil Tarmizi, the then chairman and CEO of MCMC, was informed by email that he would not been renewed, which happened in December 2014. He was chosen in October 2011.

As a former MCMC chairman once said,” All meetings as president have a two-year time. The legislation allows for a maximum of five upgrades”.

All chairs arrive without the knowledge of when their last day in office will be. Your tenure ends naturally on the date specified, “until you get a new watikah ( as each appointment is referred to in the national language of Bahasa Melayu )”.

This president left on his final evening after 6 p.m. because he was unaware of any fresh watikah. He claimed that it was” really a regional service” that he did not get a notice thanking him for his services.

Finally, the Minister of Communications, Fahmi Fadzil, will raise the bar and make the procedure open and expert.

And there is at least one instance of such professionalism in 2015, when Irwan Serigar, the head of the MaGIC ( Malaysian Global Innovation and Creativity Centre ), announced publicly that they would be selecting a new MaGIC CEO to replace Cheryl Yeoh, who resigned before her contract was up. Serigar, who was also the ministry’s secretary-general, was also the secretary-general of the Ministry of Finance. The variety panel, which gave the government two names, ultimately chose Ashran Ghazi as the country’s majority first choice.

MDEC thrown out of control of its Director

And then I get to the major point of my remark. ( And yes, it has taken me a full 12 paras to do so. )

At least Mahadhir Aziz, the CEO of Malaysia Digital Economy Corporation, received better treatment. The Ministry of Finance Inc. ( MDEC, a division of MOF Inc. ), sent a letter to the MDEC chairman last month to officially inform him that his contract, which expires on August 31, will not be renewed. An MDEC professional may hold an unexpected town hall on Wednesday to make the announcement and thank the MDEC staff for their assistance, or Mahadhir or Madeq as he prefers.

Many of these employees have been teetering for the past few months as rumors have been rifling privately about whether Madeq may receive a contract extension or who will remove him. The MDEC Board is pleased with his effectiveness, the Board is not pleased, and then the Board informed Digital Minister Gobind Singh Deo, under whose government MDEC reports to and MOF Inc. that it supports a contract extension for Madeq.

This has unavoidably sparked rumors of some internal and external candidates being considered, Madeq acting out of character with those visible internal candidates, and internal views regarding how he has performed as CEO over the course of his three years in charge.

Although I’m not going there, I am aware that such rumors, which can start as soon as six months before a CEO’s deal expire, are neither positive nor negative for an organization. Particularly, a significant organization like MDEC, which has a staff of about 750 ( mostly full-time employees and about 300 are deal employees hired to carry out specific projects ), is spearheading an aggressive push by the government to become a leader in the digital economy. Even Prime Minister Anwar Ibrahim frequently mentions the need to advance in the digital economy as a pillar of the nation’s economic strength.

Allow Gobind be a significant factor in the next CEO.

As the new CEO will be working very closely with Gobind and the Digital Ministry, I hope that Gobind, who is a very serious person and is receiving high marks from business in his job as Digital Minister, has a solid state in who should direct MDEC second. It is MOF Inc. and, by extension, the Minister of Finance. Not the final say, as I understand that with how MDEC is incorporated, MOF Inc has that final say.

In terms of the current three names, there are familiar faces Dzuleira Abu Bakar, the former MRANTI CEO who is well-known in the startup ecosystem, Azizah Aziz, who is a rare breed of executive who has spent almost 27 years as the company’s COO, and Shah Sidek, who is a bit of a mystery as to why he is said to be in the running as well. His LinkedIN profile indicates that he is currently the Regional Director of ASEAN, the International Data Center Authority, and a Board member of Dataprep Holdings Bhd. His significant international experience might have caused his name to be suggested.

According to what I’ve been told, two of the three spoke with Gobind while one had an interview with MOF. One of them is also weighed down by their spouse’s negative online remarks about the government and Prime Minister Anwar.

Finally, I was informed that a decision should be made in the coming week and that it might not even be one of the three that is currently on display. So, your guess is as good as mine. And for such a significant role, we should n’t have to spend time looking up and making up rumors. Make the procedure clear and transparent. Enough of the rumors and undermining. Let’s get serious and professional.

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