Broadridge appoints David Runacres as President of APAC

  • brings with her three decades of experience in the APAC area to the position.
  • For the London Stock Exchange Group, mind of Japan position for 12 times.

Broadridge appoints David Runacres as President of APAC

Global Fintech leader Broadridge Financial Solutions, Inc. has announced the appointment of David Runacres ( pic ) as President of Asia-Pacific ( APAC ), effective immediately. Based in Tokyo, Runacres will spike Broadridge’s Asian local businesses. He may also assume the role of Senior Country Officer, Japan, overseeing all actions in a business that is a vital part of Broadridge’s funding and development plan.

Runacres previously served as the head of Japan for 12 years at the London Stock Exchange Group ( LSEG).

” Runacres brings over three decades of experience in the APAC area and a proven track record of producing excellent results for users and leading groups,” said Broadridge International President Mike Sleightholme. ” His strong understanding of the market, coupled with his ability to navigate difficult regulatory situations and experience in leading cross-business activities, makes him truly positioned to lead Broadridge’s expansion activities in the region to help our clients operate, develop, and grow”.

” I’m thrilled to meet Broadridge at such a fantastic time, and I look forward to supporting the company’s growth strategy in the APAC place,” Runacres said. ” By leveraging Broadridge’s innovative solutions, heavy industry experience, and regional presence, I aim to strengthen our market position and provide unprecedented value to our clients. Collectively, we may develop on Broadridge’s solid foundation in APAC as a trusted it partner to travel the next phase of success, helping our clients invent by modernising, improving, and optimising their business”.

Runacres was successful at LSEG in leading a number of significant tasks, including the growth of LSEG’s regional imprint and the inclusion of Refinitiv in Japan. Due to his time at LSEG, he held important sales roles at recognized organisations such as SunGard Systems and Thomson Financial, where he honed his skills in business development, client management, and operational excellence. He has been based in Hong Kong, Singapore, and Tokyo over that period.

Runacres holds a Bachelor of Applied Sciences ( Computing ) from Monash University in Australia.

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Sarawak in-principle approves Planet QEOS’s innovative Baram Agrovoltaic proposal

  • Practicality study &nbsp, for generating 500 MWac-4000 MWac of renewable energy via solar
  • UEM Lestra&nbsp, Phase 1 lover which is expected to cost&nbsp, up to US$ 428m, completed by 2026

Abang Johari (centre), Premier of Sarawak with (to his Left); Attorney General of Sarawak, Saferi Ali; Director of the State Economic Planning Unit, Lester Mathew; and other state executives. (right of Abang Jo); Utility and Telecommunications Minister, Julaihi Narawi; Chairman of UEM Group, Amran Hafiz Affifudin; Executive Chairman of Planet QEOS, Dino Bidari; Acting CEO of UEM Lestra Bhd, Harman Faiz Habib Muhamad; CEO Planet QEOS, Dr Gabriel Walter; COO Planet QEOS, Lam Poh Lian; Director (Investments), Khazanah Nasional Bhd, Mohd Firdaus Hisham; and Head of Business Development, UEM Lestra, Noor Hafifi Jalal.

In a special meeting chaired by Sarawak Premier Abang Johari, the Sarawak Government has in-principle, approved Planet QEOS Sdn Bhd’s groundbreaking Solar Agrovoltaic project&nbsp, in Sarawak, where just Phase 1 is expected to cost US$ 428 million ( RM2 billion ) and be completed by 2026. Dino Bidari, Chairman of Planet QEOS, Dr. Gabriel Walter, CEO of Planet QEOS and Lam Poh Lian, COO of Planet QEOS attended the meeting as well.

The project, according to Planet QEOS, aims to create thousands of new jobs in the Baram region in alternative energy and food technology while also revolutionizing how solar energy is produced and addresses crucial issues relating to food security.

The Sarawak Government ‘s&nbsp, in-principle approval is subject to&nbsp, Planet QEOS&nbsp, conducting a feasibility study &nbsp, as part of Phase 1 for generating between 500 MWac ( megawatt of power with alternating current ) to 4000 MWac of renewable power through solar energy in Baram.

A dedicated 180 km Green Energy Grid will also be established along the abandoned Sabah Sarawak Gas Pipeline, ensuring effective distribution and use along the route that will connect solar power from Baram to Tanjung Kidurong, Bintulu. The project’s ambitious vision includes the installation of up to 20 GWp ( gigawatt-peak ) of solar capacity and potentially up to 40 GWhr ( gigawatt hours ) of battery storage by 2030.

UEM Lestra Sdn Bhd, a important person in Malaysia’s renewable energy sector, is the Phase 1 lover for Planet QEOS and did lead&nbsp, the financing efforts along with QEOS and other associates. In the interim, the feasibility study will be completed, and the initial focus will be on developing 500 MWac of solar energy that will seamlessly integrate with Sarawak Energy Bhd’s ( SEB ) main grid.

Amran Hafiz Affif, the president of UEM Group, stated,” We are quite pleased to have the opportunity to provide our request to the Sarawak Government, and the Premier has formally agreed to continue this task. This cutting-edge venture, in our opinion, may change the way Sarawak’s government, Sarawak’s citizens, and Malaysian society benefit.

Dino emphasized the site’s main mission:” This is Sarawak architecture at its best. We created the Solar Agrovoltaic with the intention of achieving a more equitable distribution of wealth among Sarawak’s population, particularly Baram. We want to create thousands of specialized and secure jobs over the next 30 years by including elements that encourage economic participation from rural communities.

Dino also pointed out that the land use has a multiplicity of socioeconomic effects when compared to oil palm. This has a small influence on remote property while also having a significant economic impact on rural communities.

” It’s a winning formula for the rural areas of Sarawak”, he stressed.

Planet QEOS’s Solar Agrovoltaic job is a testament to Sarawak’s commitment to sustainable development, renewable energy, and community empowerment which are pillars of Abang Johari’s vision for a designed Sarawak.

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CelcomDigi’s network modernisation surpasses 50%, set to reach 75% by end 2024

  • promises to be the best option to create a second channel using the most cutting-edge 5G networks.
  • Partner habitat with international players to drive implementation, development &amp, adoption&nbsp,

"Presently, 13 out of 45 showcased solutions at the CelcomDigi AI Experience Centre (AiX) are in live pilots with our enterprise customers showing great promise for adoption," said Idham Nawawi, CEO of CelcomDigi, seen here speaking to a customer.

CelcomDigi Bhd announced today that it has completed improvements in Penang and passed the halfway stage country as part of its post-merger system integration and modernization, moving it ahead of schedule in constructing Malaysia’s most advanced digital system.
Penangites now enjoy improved service experiences across the state, most notably in signal strength and network throughput, where CelcomDigi’s 4G LTE and 4G LTE-A coverage serves close 99 % and 98 % of the states ‘ populated areas respectively. The rest of the Northeastern region is seeing strong progress with networking integration and modernization projects, passing 50 % of the bank’s planned implementation in Perak, Kedah, and Perlis, which will be finished by 2025. &nbsp,

Execution of a planned 3-year switch exercise quickly
Moving at rate, within a month, CelcomDigi has achieved more than 50 % of its intended global improvements, in what was expected to be a 3-year training. &nbsp,
CelcomDigi factors to this as evidence of its ability to quickly and level projects involving wireless networking equipment. At the present run-rate, it is set to complete 75 % of community improvements by ending 2024, placing the business in the perfect place to build Malaysia’s second 5G network it declared.
Idham Nawawi, CelcomDigi’s CEO said,” We remain extremely devoted to developing and growing Malaysia’s 5G habitat, both on the system and software level. By ending 2024, more than two-thirds of our community may be modernised making it the largest, most contemporary digital system in the country. This 5G-ready network is set to become one of the largest independent 5G systems in the region and is set to help the rapid deployment of 5G and 5G-Advanced engineering across our large footprint.
” Looking towards Malaysia’s future, we are forging ahead to accelerate a 5G-AI powered digital nation and believe the CelcomDigi AI Experience Centre ( AiX ) will be the epicenter to fuel this ambition”, Idham added. &nbsp,
Over 40 global and local technical partners, who have invested RM55 million in the state-of-the-art service to encourage swift development of 5G and AI solutions, make up the AiX’s broad habitat. &nbsp,
” Currently, 13 out of 45 showed options are in live planes with our business customers showing great promise for implementation. These efforts underscore the solid foundation we have built to enable the rapid and effective deployment of Malaysia’s following 5G network, making us the best choice for rollout and a catalyst for the country’s transition to a 5G-AI-powered online society, Idham said. &nbsp,

Solid foundation for quick and effective implementation of Malaysia’s next 5G network
CelcomDigi operates the widest 4G LTE and 4G LTE-A network in the country, covering 97 % of populated areas nationwide, outpacing other mobile network operators ‘ site count by at least 50 % it claimed. &nbsp,
The firm said it has modernised all aspects of its community, particularly RAN, core, and transport, with 5G-ready equipment, with over 90 % of its network websites today 5G-ready. The company has the ability to synergise its 4G upgrades and 5G activation efforts in a single visit thanks to its ongoing integration and modernization exercise, which is the most affordable, efficient, and quick way to roll out a 5G network for the nation.
Additionally, CelcomDigi has long-term partnerships with over 100 tower and state back companies in both the Peninsula and East Malaysia, such as EDOTCO, Edgepoint Towers Sdn Bhd, SACOFA Sdn Bhd, to name a few. &nbsp,
These win-win collaborations were strengthened following the merger, it said, highlighting the robust partnership ecosystem with a sizable network tower footprint that can quickly deploy new and upgrade existing sites to create a world-class second 5G network for the country.
CelcomDigi has deployed specialized teams of network engineers, collectively known as Skuad 5G, to hard test its network across the country to make sure service levels match its desired goals for customer experience and quality. In addition to the already-configured post-consolidation network optimization and ongoing network monitoring activities, Skuad 5G efforts are being carried out. &nbsp,

growing 5G adoption and a 5G network rollout are both contributing factors.
CelcomDigi continues to lead 5G leadership by streamlining its product portfolios to offer a complete suite of new CelcomDigi Postpaid 5G, Prepaid 5G, and Home &amp, Fibre products in addition to launching its AiX last week to accelerate the development of 5G-AI solutions. According to the statement, the customer confidence in these offers has increased as 5G services become more popular, which suggests there may be some opportunities for 5G adoption in the future.

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Universiti Malaysia Terengganu partners pitchIN to boost fundraising for its spin-offs

  • programs to recruit students from UMT to make investments in the businesses
  • PitchIN’s motivation to get as many institutions as possible on panel

(from left): Dzulkifi Mahmud, Chairman of UMTJ Committee; Prof Dr Marinah Mohd Ariffin, UMT Deputy Vice-Chancellor of Research & Innovation; Dr Ahmad Ramzi Mohamad Zubir, CEO of UMTJ; Sam Shafie, CEO of pitchIN; Xelia Tong, COO of pitchIN.

Universiti Malaysia Terengganu’s ( UMT ) wholly-owned subsidiary UMT Jaya Holdings Sdn Bhd ( UMTJ) signed a Memorandum of Agreement with Pitch Platforms Sdn Bhd ( pitchIN ) last week to help UMT’s spin-offs to raise funds through the equity crowdfunding (ECF ) platform.

UMT is the first to fully agree to work with us, focusing on boosting purchases made by UMT instructors and individuals into spin-off companies, according to Sam Shafie, CEO of PitchIN.

With colleges having their own domestic processes, various that pitchIN has engaged with are in the final phases of agreeing to a related association, such as Universiti Malaya, Universiti Sains Malaysia, and Universiti Teknologi Petronas.

Dr Ahmad Ramzi Mohamad Zubir, CEO of UMTJ said that the school’s intellectual property investment comprises patents, business designs, technology utilities, trademarks, custom rights, and industry secrets that are ripe for commercialisation. In 2023 alone, UMT registered a total of 60 intellectual property assets, including 40 products as proprietary rights, 13 as trade secrets, four registered patents, with the three others under other categorizations of intellectual property.

These university intellectual assets are still significantly underused and not producing commercial returns, which is a loss for UMT and the country as a whole, as is common throughout academia in Malaysia.

Therefore, partnering and co-operating with universities makes sense, and we’ve been trying to do this for a long time, but the bureaucracy was very cumbersome until I met Ramzi, Sam said.

PitchIN-UMT partner campaign and targeting&nbsp, alumni as potential investors

Through this agreement, UMTJ will serve as a bridge linking UMT’s spin-offs with potential investors via the pitchIN platform.

” Those spin-off companies will later be featured on our microsites ( partner campaigns ) on PitchIN, where partners like the university will curate the companies they select for fundraising on the platform”, Sam said.

In the case of UMT, all spin-offs will be housed under its own microsite. Additionally, PitchIN intends to work with UMT to engage its alumni and introduce them to investment opportunities offered by their alma mater.

The firstgroup of companies UTM is considering consist&nbsp, of spin-offs focusing on renewable energy, green hydrogen, and oil and gas industry.

A company with an oil & gas focus and two researchers who created an oil-absorbent material was chosen as the first candidate for listing. Ramzi criticized the founders for being among the top 1 % of world researchers, denying their claim to own the business.

” We’re going to pitch for funding and also go for the secondary market as well”, he added, referring to pitchIN’s secondary ECF trading market ( PSTX ) which went live on July 10, which&nbsp, allows people to trade shares of companies that have raised funding on the platform.

We’ll try to get the company listed before the end of Q3 or the beginning of Q4, according to Sam, because we’re going to begin our due diligence and compliance on the company soon. We’re also aiming to encourage institutional investors to make an investment in this business.

The spin-offs of UMT will be guided by Fundraising Accelerator ( FA ), a startup initiative launched by pitchIN Academy in October 2022, as part of the MoA. For its spinoff founders to successfully raise money, FA will provide the necessary guidance and skills.

Some of the other partners that have their micro-sites on pitchIN.

What’s next for pitchIN&nbsp,

With over 177 successful ECF campaigns and more than US$ 69.6 million ( RM325 million ) raised for issuers in Malaysia, what’s next for pitchIN, industry observers have wondered.

” Well, we have no immediate plans for listing as we still have a long way to go”, said Sam, sharing that the revenue target for this year is US$ 429, 000 ( RM2 million ).

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Iskandar Investment Berhad launches Tech Medini to enhance the JS-SEZ digital economy

  • Aims to help businesses choose innovations, drive green growth
  • Initiative aims to generate US$ 1.9 billion in funding and make 65, 000 work

Left to Right: Roslina Arbak, director of IIB, Ng Kuan Khai, consulate general of The Republic of Singapore in Johor Bahru, Idzham Mohd Hashim, president & CEO, IIB & Marhani Md Jelani, director of Ministry of Investmentment

Tech Medini was launched by Iskandar Investment Berhad ( IIB ), a significant step in bolstering Medini’s position as Johor’s top digital and innovation hub.

Tech Medini, a 160-acre development area, is set to become a technical gateway where habitat players can create emerging technologies with innovators from fields such as AI, automatic drones, robotics, cybersecurity, bioengineering, quantum computing, interactive reality, space technology, and more. This initiative aligns with IIB’s goal of driving US$ 1.9 billion ( RM9 billion ) in investments and creating 65, 000 jobs in the Medini area, contributing to Malaysia’s evolution into a high-income nation in the era of Industry 4.0.

Idzham Mohd Hashim, president/CEO of IIB, stated,” With a strategic focus on supporting the Johor-Singapore Special Economic Zone ( JS-SEZ ) framework, Tech Medini aims to position Medini as a premier destination for investors, offering a cost-efficient business environment for the region”. He continued,” Tech Medini aims to enable organizations in adopting new inventions and accelerating digitalization to generate sustainable growth in the region by leveraging emerging technology and fostering creative collaborations.” This serves as a catalyst for our Medini revitalization plan, which aims to attract qualified and high-tech professionals and create a sustainable and prosperous metropolis.

Building on the success of existing efforts like Global Business Services Iskandar@Medini, Drone and Robotics Zone, Iskandar, and Blockchain Village@Medini, Tech Medini serves as a centre designed to empower companies and promote their progress. The Medini Nexus and Medini Soft Landing Programme are two of the advancement programs and assistance services offered by Tech Medini.

The Medini Nexus provides businesses with an street to ideate, expand, and validate their suggestions. It offers access to co-working areas, coaching by experienced entrepreneurs, innovation programs, and analyze site environments, enabling startups to establish a solid foundation for success.

The Medini Soft Landing Programme helps global startups set up their business in Medini by offering support services that comfortable market access, including guided conversation on business membership, business spaces, accommodation options, talent requirements, and localisation services.

Additionally, IIB supports the Dana Impak initiative under Khazanah’s Future Malaysia Programme, which aims to nurture and boost the startup ecosystem with a commitment of US$ 1.2 billion ( RM6 billion ) in funds over five years. Dana Impak is a key foundation under Khazanah’s Advancing Malaysia approach, investing across six elements: Digital Society and Technology, Quality Health and Education for all, Decent Work and Social Mobility, Food and Energy Security, Building Climate Resilience, and Competing in Global Markets.

By expanding their investment portfolio and optimizing the region’s worth development, IIB invites potential VC partners to add the money ecosystem. Additionally, the company urges more collaborators to support the development of Johor’s most important innovation and modern hub, contributing to the development of the next wave of innovation. For more information on Tech Medini, attend www. techmedini.com.

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JIA Asset Management partners Vynn Capital to propel Southeast Asia’s startup growth

  • Does utilize Vynn Capital’s system &amp, insights to help promising startups
  • Partnership aims to push growth, foster development in SEA’s business ecology

JIA Asset Management partners Vynn Capital to propel Southeast Asia's startup growth

By participating as a limited companion in the Vynn Capital Progression Fund, Vynn Capital’s flexibility and provide chain-focused bank, JIA Asset Management Sdn Bhd has made it known that it has a strategic partnership with Vynn Capital. The company stated in a statement that this collaboration represents a major step forward in its dedication to fostering innovation and growth within Southeast Asia’s active startup ecosystem.

JIA Asset Management, a licensed shops portfolio management firm that offers portfolio and wealth management services, is a registered business. It focuses on offering its clients a completely customized money management expertise that is customized to their requirements. The business is dedicated to offering its clients more than just results, but also benefit and opportunities to be at the vanguard of the investment landscape.

By granting JIA Asset Management access to high-potential growth opportunities in the state’s appealing business environment, it was noted that the relationship with Vynn Capital furthers this dedication.

JIA Asset Management continued to stand out in the Malaysian private wealth management market by offering customised and consolidated external asset management solutions that are customized to clients ‘ needs and interests for the year 2023. For the year, JIA Asset Management generated high investment returns for its private mandate clients.

Vynn Capital’s experience in early-stage opportunities, especially in the supply network and freedom sectors, and their emphasis on bridging classic industries with emerging

economy align completely with JIA Asset Management’s perspective. Through this agreement, the company hopes to use Vynn Capital’s extensive network and experience to help identify and help startups that are on the verge of victory.

The partnership with Vynn Capital’s Progression Fund is a testament to our commitment to fostering long-term development and delivering value to our clients, according to CEO JIA Asset Management Emmanuel Burdet. He added that by partnering with Vynn Capital, the company is on the verge of discovering appealing investment opportunities that will bring long-term value to their customers.

JIA Asset Management intends to expand its customer base while maintaining top-notch support and portfolio management for High-Net-Worth People as well as Institutional Investors.

In order to meet the demand for private stocks, the business is also planning to start a general Malaysian fund. Along with Vynn Capital, it is committed to identifying and supporting companies focusing on important areas such as smart mobility, travel, transportation, and supply chain efficiency.

Also, this partnership strengthens the firm’s position as a leader in Southeast Asia, ensuring that they continue to offer their clients access to the most promising growth opportunities.

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Why is Princeton Digital Group’s flagship AI data centre in Johor a boost for Malaysia?

  • 150MW JH1 posts Malaysia as a local hotspot for AI-ready information centres
  • combines native talent with tech innovation to promote the nation’s modern growth

Why is Princeton Digital Group's flagship AI data centre in Johor a boost for Malaysia?

The recent unveiling of the first phase of Princeton Digital Group’s ( PDG) JH1 data center campus in Johor, the state with the southernmost state in Malaysia, marks a significant milestone in the country’s digital infrastructure landscape. With the aid of this growth, the nation becomes a strong competitor in the country’s rapidly expanding AI and cloud computing industries. However, the swift execution of this 52MW job, part of a larger 150MW complex, demonstrates PDG’s execution capabilities and Malaysia’s willingness to embrace and promote cutting-edge professional investments.

Located in Sedenak Tech Park (STeP ), PDG’s JH1 college is dubbed as one of Southeast Asia’s largest data center services. It serves as PDG’s flagship AI-ready center in Malaysia and caters to international hyperscalers and businesses with demanding mathematical requirements. This service is piece of PDG’s broader Asian collection, which spans 21 data centres across 15 cities in 6 countries, positioning the business as a critical infrastructure provider in the region’s fast growing modern economies. &nbsp,

In a media briefing held at the campus last week, Asher Ling&nbsp,, chief technology officer and managing director Of PDG Singapore ( pic ) told reporters that the Johor campus benefits from excellent connectivity, access to multipleWhy is Princeton Digital Group's flagship AI data centre in Johor a boost for Malaysia?fabric roads, and proximity to key local data systems. ” Johor offers a unique blend of communication, system, and ability, making it an ideal place for our latest data center campus”, he impressed.

Ping highlighted that while standard factors like electricity, land, and space remain important, two new considerations have emerged as important: access to alternative energy and scalability. Ling praised Malaysia’s forward-looking National Energy Transition ( NET ) plan, noting its alignment with regional sustainability goals.

The NETR sets ambitious goals for Malaysia, aiming to achieve net-zero emissions by 2050. The plan outlines a gradual increase in renewable energy shares, targeting 31 % by 2025, 40 % by 2035, and an impressive 70 % by 2050.

The service, completed within 12 months of starting building in 2023, is also part of PDG’s modern SG ® approach which aims to create a seamlessly integrated information centre habitat spanning Singapore, Batam, and Johor. This approach gives large enterprises and hyperscalers unprecedented flexibility when deploying their infrastructure.

Ling also emphasized the importance of scale, pointing out that to meet the growing demand for AI and digital services, modern data centers require significantly larger parcels of land. ” The JH1 facility is designed to meet the increasing demands for high-performance computing and data storage, driven by the rapid growth of AI and digital services”, Ling added, underlying PDG’s commitment to future-proofing their infrastructure.

For context, STeP is located in Johor’s Kulai district, just 70 kilometres north of Singapore. It provides low-latency connectivity to key markets for park-based data centers. This prime positioning, abundant land, and cheaper power have attracted major players like Nvidia, AirTrunk, GDS International, and YTL Power alongside PDG. Southern Johor is emerging as a regional data center hub, which places Malaysia at the forefront of the AI revolution and draws in international tech investments.

What sets JH1 apart?

The JH1 campus features cutting-edge cooling technologies that strike a balance between performance and sustainability because it was designed to handle the intense workloads of AI. Ling emphasised the facility’s cutting-edge capabilities, noting,” We’re pushing the boundaries of air-cooled solutions, with our server racks capable of handling up to 40 kilowatts of power consumption and heat dissipation per rack. This is far beyond the typical 5 to 10 kilowatts per rack that many data centers use.

Advanced air cooling systems are used by JH1’s high-density computing environment to effectively manage the significant power requirements of AI processing while minimizing the impact on the environment. In May, before launching the first 52MW phase of JH1, PDG secured a RM1.28 billion green loan from Maybank, Standard Chartered Bank, and UOB Malaysia. This loan, PDG’s first aligned with its green finance framework, marks a significant step towards reducing resource consumption and emissions in regional AI infrastructure. In designing and running data centers for AI and high-performance computing, PDG’s commitment to sustainability is demonstrated.

When asked how PDG had integrated sustainability into the company’s core design, Ling explained that they have installed solar panels on the roofs and will continue to do so for the upcoming phases, utilizing Malaysia’s abundant sunlight to generate renewable energy on-site. This demonstrates PDG’s commitment to lowering its operations ‘ carbon footprint and aligns with the nation’s National Energy Transition Roadmap.

Furthermore, the facility incorporates energy-efficient chillers and other state-of-the-art cooling technologies. Even though they come with a higher upfront cost, we have chosen the most effective chillers available. The long-term benefits of energy savings and reduced environmental impact make it worthwhile”, Ling noted.

Another feature of the JH1’s design is how it incorporates flexibility for upcoming upgrades. As demand for AI computing grows,” We’ve developed the flexibility to accommodate next-generation liquid cooling solutions,” Ling said. Strategically speaking, a forward-thinking approach ensures that JH1 can adapt to emerging technologies, making it a long-term asset for Malaysia’s digital economy.

The current economic impact

The economic effects of PDG’s investment go far beyond the facility itself. As Ling revealed, PDG has employed about 90 staff. ” And we’re going to grow between 300 and 400 in the very, very near future”, he said, adding that this job creation, particularly in high-skilled tech roles, is a significant boost to Malaysia’s workforce development in the digital sector.

Moreover, PDG’s commitment to nurturing local talent is evident in its hiring practices and training initiatives. Ling proudly shared,” When we first started, we had no Malaysian staff. Today, on our PDG Malaysia team, I am proud to share that 70 % of our team are Malaysians”.

Ling claims that the focus on local talent extends to all the essential areas for data center operations. Ling elaborated on the diverse skill sets required:” We need mechanical engineers, electrical engineers, IT engineers, network engineers, and project managers who know how to do a build. And then you have a distinct team that is adept at running things.”

PDG’s talent development approach is multifaceted, combining immediate hiring strategies with long-term talent pipeline development. Specifically, PDG has been innovative in identifying and attracting talent from adjacent industries. PDG has established partnerships with local educational institutions in order to recognize the need to develop the next generation of data center professionals.

With UTM in Johor, we’ve started a graduate engineering training program, which is similar to an apprenticeship model in that it involves working in a live data center with top mentors who can advise and instruct you, and perhaps help with the advancement of a career,” Ling said.

Overall, the launch of PDG’s JH1 campus represents more than just a new data centre in Malaysia. It signifies a pivotal moment in the country’s digital transformation journey. By combining cutting-edge AI capabilities, sustainable design, and a strong focus on local talent development, projects like JH1 are laying the groundwork for Malaysia to become a key player in the global digital economy.

Southern Johor, Malaysia’s emerging data center hub, could have a significant impact on shaping the region’s technological landscape as the demand for AI and cloud computing grows. In order to create a robust ecosystem that can support long-term growth and innovation in the tech sector, such projects will likely need to continue to collaborate with government-supported educational institutions, private sector investments, and other sources of funding.

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Salesforce builds on commitment to Indonesia with new country leader and office

  • Over 30 years experience in Indonesia’s software market &nbsp,
  • Tasked with leading business growth, profits &amp, growing the Indonesian business

Sujith Abraham, senior vice president and general manager, Salesforce Asean (Left) & Iman Muhammad, regional vice president and country director, Salesforce Indonesia

Iman Muhammad’s nomination as Salesforce’s first Indonesian state leader and the beginning of a new workplace in Jakarta, Indonesia, are announced. Following the launch of its Indonesian subsidiary in August 2023, the agency’s commitment to strengthening its management and businesses in the market is further demonstrated by this action.

The Amazon team will benefit from the new office’s location at One Pacific Place in Jakarta’s Sudirman Central Business District by better supporting Indonesian businesses through their journeys through electronic transformation, allowing for greater growth opportunities through CRM, AI, Data, and Trust.

Iman Muhammad may lead the organization growth, sales, and client success teams to help Salesforce’s customers succeed and grow in Indonesia. He has over 30 years of experience in the Indonesian technology sector.

With the opening of a new business in Jakarta and the nomination of Iman Muhammad as country lead, Salesforce Asean’s speed in Asean continues to grow, according to Sujith Abraham, senior vice president and general manager. Leading Indonesian businesses are turning to Salesforce as a trusted online consultant to help them connect with their customers in completely new methods.

” Indonesia is fast emerging as an economic superpower in the Asean place, and there’s substantial option for businesses around to harness the power of CRM AI Data Trust for growth”, said Iman Muhammad, local vice chairman and state producer, Salesforce Indonesia. Working closely with our partners and team to promote creativity and provide our clients in Indonesia with outstanding value, I look forward to working with them.

Salesforce’s customer footprints continues to grow, with Indosat Ooredoo Hutchison, Eraspace, Lion Parcel, and United Tractors choosing Amazon as a trusted assistant on their online conversion adventures. The company has quickly grown to over 30 people in a year in order to meet customer demand, and plans to keep hiring.

Through its staff voluntary time off program, the company helps the native Indonesian community. This year, employees from across the ASEAN region have contributed over 7, 300 volunteering hours and have given over US$ 110, 000 ( RM515, 000 ) in donations to local nonprofits.

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2024 Scam Report: Malaysians still susceptible to scams with 64% not aware of National Scam Response Centre

  • Report by CelcomDigi shows powerful &nbsp, knowledge, risk with calls for action
  • Urgent need for whole-of-society approach to address this cultural illness

2024 Scam Report: Malaysians still susceptible to scams with 64% not aware of National Scam Response Centre

The powerful tales of recognition, risk, and the need to take proactive measures to stop scams and deceptive activities were recently highlighted in the National Scam Awareness Survey 2024 statement from CelcomDigi Bhd. &nbsp,
It revealed that Malaysia is progressing as a highly digitalized country, as 91 % of respondents frequently use society computer centers for a wide range of online services. Malaysians are more easily vulnerable to fraud threats because of the great internet usage. This underscores the need to take more security precautions in order to build a secure and reliable online society.
Idham Nawawi, CelcomDigi CEO &nbsp, said,” Now, while we enjoy the benefits of electronic communication, we face a real where frauds and scams have become one of the most pressing social diseases today. The first National Scam Awareness Survey 2024 statement from Commodigi provides actiona ble data and insights that you inform more strategic and focused strategies to combat fraud and scams. Guided by the record, we can handle the gaps in mitigating this incident, develop confidence, and develop a more secure online environment for Malaysians”.

Over the past year, 87 % of the 10, 893 polled across the country, have been more aware of scams and were able to information and explain the nature of the scam they were exposed to. Respondents also acknowledged that it’s dangerous to click unverified references and that exposing personal information can be used against them. Additional features of the review: &nbsp,
73 % of people are aware of the dangers of sharing and revealing personal information via social media.
65 % indicated they would confirm any backlinks received before clicking them, whereas
Prior to sharing them, 52 % of people would screen their private information.
These indicate that the majority of respondents follow standard procedures for protecting their personal information. &nbsp,

However, two-thirds ( 66 % ) of them have encountered some form of scam attempts or situation. These efforts, numbering a remarkable 17, 912, shows that an individual can experience numerous types of frauds through various stations. Voice phone calls ( 76 % ) were the most common type of scam, with pretending to be bank or government representatives or officers. Artificial staff are employed in the scam attempts:
Asking respondents for their personal information ( 31 % ),
causing concern that respondents ‘ bank accounts may be in trouble and threatening respondents to make a specific payment ( 23 % ),  
offering government assistance and requesting personal or bank information ( 23 % ).

Additionally, the report noted a tendency of con artists swindling patients who have higher education and income levels. Comparing demographic factors revealed that those with higher education levels had higher rates of attempted schemes than those with just secondary or elementary education or those who made RM1, 000 or less per month. &nbsp,

The survey also assessed Malaysians ‘ awareness on the 997 hotline of the National Scam Response Centre ( NSRC ) for scam reporting, in addition to raising public awareness of the types of scams and scam tactics. 64 % of respondents were unaware they may report schemes to the NSRC line, according to research. Also, the level of knowledge among those who are reportedly in financial distress is the lowest, with 67 % of those who claim to have received insufficient income to pay their monthly expenses no being familiar with the NSRC hotline as a reporting tool for scams.

A quick course of action is a crucial stage for scam victims. However, the report makes it clear that respondents may not have the same levels of resilience to scams, especially when it comes to taking preventative and mitigating measures:
52 % blocked the telephone numbers of scam or suspected swindlers,
32 % advised family or friends, while
19 % either closed their bank accounts, cancelled their credit cards or did nothing. &nbsp,

In response to these studies, the document indicates an urgent need for a whole-of-society approach to actively address this cultural illness. The advice include:
At the federal level, there have been more scam awareness campaigns across several channels, and there has been a greater emphasis on the role of NSRC, which includes allowing more Malaysians to learn from its services,
For the private sectors: To incorporate fraud risk management into company strategy while creating more innovative facilities to protect customers ‘ interests.
Public-private collaborations to choose a multi-pronged strategy to build an environment for a more holistic and strategic precautionary measures. &nbsp,
The review is part of CelcomDigi’s continued battle against scams and fraudulent activities. It is obtainable around &nbsp, and on social media platforms for the consumer. &nbsp,

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pitchIN launches first token crowdfunding deal with BidNow

  • The BidNow platform’s primary mode of change will be the bidNow gift.
  • TCF raises funds via online key issuing, offering flexibility, exit opportunities

(Left to right, stranding): Sean Lee (BidNow), Liang Wooi Gee (BidNow), Ivan Goh (BidNow), Nicholas Chong (pitchIN), Marcus Tan (Gambit), Chris Yong (BidNow), Clifford Hii (Gambit), Steve Siew (BidNow), Jarvis Wong (BidNow), Kelvin Cheong (Gambit), Linus Loh (BidNow). (seated left to right): Frankie Goh (BidNow); Sam Shafie (pitchIN) and Dr. Mohamed Azahari (BidNow).

PitchIN, Malaysia’s leading digital fundraising&nbsp, hub, announced&nbsp, the launch of its maiden deal for Token Crowdfunding (TCF), a US$ 2.13 million ( RM10 million ) primary offering of utility tokens by Bid Now, an online auction platform. Based on&nbsp, regulations in&nbsp, Malaysia, TCF&nbsp, is also referred to as an Initial Exchange Offering ( IEO ).

The primary form of exchange for all services on the BidNow platform will be the BidNow token ($ BID ). It can also be utilised for loyalty rewards, account membership, and in the BidNow NFT Marketplace. Moreover, it offers permissions for its key holders beyond key utility, such as reduced fees and higher percentage payouts.

Sam Shafie, the co-founder and CEO of pitchIN, said,” It truly is a historical moment for pitchIN. This is a significant milestone for us because we are the pioneers in Malaysia’s digital resource funding and investment ecosystem. We applaud the Malaysian Securities Commission for their direction and management. Investors have the option to make bold digital investments through an approved channel thanks to PitchIN’s girl TCF offer.

He noted&nbsp, that there are not many other entirely regulated TCF deals&nbsp, in Malaysia.

According to pitchIN, TCF is an innovative way for businesses to raise funds from the people through online key release, &nbsp, offering more flexibility, company coverage, and leave opportunities. TCF typically offers both guaranteed investment results and exclusive access to the company’s upcoming goods and services.

TCF provides owners access to early-stage digital currencies through a regulatory-compliant program with the chance to expand their investment portfolio and enhance&nbsp, earnings.

Nicholas Chong, the head of Token Crowdfunding at pitchIN&nbsp, said, &nbsp,” Bid Now’s deal is the first of many to come. We do include a few more in the pipeline. Our team is making an effort to make sure that the best interests of the firms raising money and the owners are being properly considered. It is quite a difficult process, but with the help of the SC, it is very likely that we will see more Metres offers listed&nbsp, in the coming month. Gratitude to&nbsp, the BidNow group on being the first offer on the pitchIN TCF platform”.

BidNow is then pre-live on pitchIN. For more information on the package, please visit: www. pitchin. my/token

BidNow has already exceeded the minimum amount it was hoping to raise.

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