SIDC launches new certification programme in sustainable and responsible investment for the capital market

  • aims to improve SRI’s skills and combat ability shortages.
  • SRI money hold RM7.7 billion in net asset value at close 2023&nbsp, &nbsp, &nbsp, &nbsp, &nbsp,

L-R, Tunku Alizakri Alia, chairman, MAVCAP; Mohammad Faiz Azmi, chairman, Securities Commission Malaysia; Lim Hui Ying, deputy minister of Finance; Abdul Wahid Omar, chairman, Bursa Malaysia; Tengku Zarina Tengku Chik, CEO, SIDC. 

A new certification program is being developed by the Securities Industry Development Corporation ( SIDC ) and is intended for professionals in the financial and capital markets. The goal of the Licensed Capital Market Professional in Sustainable and Responsible Investment (CCMP- South ) qualification is to raise the bar for competence of professionals in the investment market in response to the growing demand for responsible and accountable investment.

According to SIDC, there were 68 sustainable and responsible investment ( SRI ) funds in Malaysia with net asset value of US$ 1.63 billion ( RM7.7 billion ) as of December 2023, a significant increase from just seven SRI funds in 2020 with net asset value of US$ 309 million ( RM1.46 billion ), citing the Securities Commission Malaysia’s annual reports.

” Over the past few years, there have been more responsible and accountable investments in Malaysia, and a number of green jobs have been put in place. According to Tengku Zarina Tengku Chik, CEO of SIDC, there is a growing need for experts who can effectively help and guide in responsible and accountable purchase goods.

In addition to completing a range of e-learning, webinars, workshops, and collaborative learning sessions, the CCMP-SRI certification program does combine education, webinars, workshops, and collaborative learning sessions to prepare graduates for positions that demand an understanding of both the overall effect of expense on society and the environment as well as the broader impact of investment.

” Ability shortages current major challenges across several aspects of nation- building, particularly in our goals towards sustainability. Malaysia has continue to expand access to capacity-building initiatives that are related to conservation. At the launch of the new certification program, Lim Hui Ying, deputy minister of finance, said,” We need all participants in our ecology to work together to make our labor ‘vibe-ready’ in sustainable funding features.

The development of the new certification program was aided by 74 industry experts, including members of the Curriculum Review Committee and the Assessment Review Committee. They are mapped to SIDC’s Industry Competency Framework ( ICF).

There are two constructed levels for the CCMP-SRI. The CCMP- SRI1 level is intended for professionals who want to advance their knowledge of SRI and lasting development in Malaysia’s capital market. The next stage, CCMP- SRI2, is for professionals with basic sustainability and SRI skills, aiming to enhance their knowledge in revolutionary sustainability development, ESG structuring, ESG and SRI structuring.

More details can be found at website. sidc.com. my/attend/ccmp- sri1/&nbsp, &nbsp, &nbsp, &nbsp, &nbsp, &nbsp, &nbsp,

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Pikom calls for stronger process at HRD Corp following audit findings

  • Claims that HRD Corp really evaluate its processes, management mechanisms
  • Commends the agency’s attempts, such as investing in new technology for faster offer approvals

Pikom calls for stronger process at HRD Corp following audit findings

The recent auditor-general’s findings at the Human Resource Development Corporation ( HRD Corp. ) represent a significant opportunity for organizational improvement, according to the National Tech Association of Malaysia ( Pikom ).

The firm suggested changing processes and increasing the use of technology to address the problems identified in a speech. Pikom stated that HRD Corp may acquire reassessing its operational structure, processes, and leadership systems, with a emphasis on transparency.

These might include more regular reviews, as well as periodic, thorough reviews. These assessments may contain financial, regulatory, and procedure compliance.

Also, Pikom advises that employers and stakeholders be urged to report any irregularities without fear of reprisal. For identifying and addressing invisible issues, effective journalist safety mechanisms are required.

Despite the difficulties, HRD Corp has just made remarkable efforts, such as investing in new systems to speed up grant programs ‘ approval in less than 24 hours. As a result, 354, 562 give applications were processed within that time frame in 2023, as per the Annual Report.

Pikom added that it recognises HRD Corp’s significant contributions to human resource development, noting the report tax series and, more importantly, tax consumption by companies for upskilling their employees.

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Raymond Davadass’ journey in GBS has been underwritten by technology

  • Saw opportunity to deliver better Customer&nbsp, Lifecycle Management via technical
  • Usually believed when you do what you need, in proper manner, money will come

Raymond Davadass: My advice to budding entrepreneurs: Go with your gut, back it up by as much information as possible, and always be honest about what you stand for.”

One of the most sought-after jobs for fresh graduates in the 2000s was in contact centers. Malaysia – KL, in particular – had become a regional hub for user support solutions, taking advantage of our fairly high English ability, technological advancements and business facilities.

Like all things tech, call centres have evolved significantly over the past several decades, transitioning from traditional telephone- based support to powerful, technology- driven contact centres.

Business process outsourcing ( BPO ) is the current branch of business process outsourcing in Malaysia, which is growing in Malaysia thanks to the same factors that fueled call centers almost 20 years ago: the country’s strategic investments in digital infrastructure and a highly skilled, multilingual talent pool, beyond just English. The government’s supportive policies and initiatives have likewise played a vital role in this transformation.

Tech businessman Raymond Davadass has been in the forefront of the development of this sector over the past 20 plus years. He is the founder of Daythree Digital Bhd, a company involved in the global business services ( GBS ) and customer lifecycle&nbsp, management ( CX Management ).

Under his leadership, Daythree has slowly expanded its offerings while utilizing the power of AI to streamline operations and increase customer performance.

Daythree went people last year, quick- forwarding its previously rapid growth. Davadass, whose remarkable salt and pepper moustache has become a personal look, is managing director.

Davadass was eager to study law, like many other young people of his creation in the 1990s, but he made a wrong turn when his three-month accounting trial course turned out to be more exciting. On entering the workforce, the Rawang local spent his early years in PwC, and left in 1997 to devote eight years working in Malaysia’s next- emerging technology scene.

He quotes his late father as saying,” That close affinity to technology has always been there, things I’ve always been fascinated with,” explaining how he came to terms with the transition and how he explained it to technical. He credits his late father for encouraging him to get extra-curricular lessons in BASIC software, deep II, and Lotus 123.

After working for others, Davadass, equipped with tech industry experience, accounting skills and a master’s degree in business administration, was ready to take the plunge.

” Between 2006 and mid 2009, I provided business consulting services. But that first attempt at being an entrepreneur definitely came with a lot of learning, I suppose. He said that some of the projects I was working on included how to finance technology.

He became the CEO of Kannal Solutions Sdn Bhd ( a subsidiary of Kannaltec Bhd, which was then listed on the ACE Market ). He joined the business in June 2009 and is now a director of Kannal Solutions Sdn Bhd.

The corporate journey continued for seven years before Davadass was given the choice to buy Kannal Solutions in 2016, which he chose, and which he did as a result of his second successful venture.

He changed the company from telemarketing, which was a commodity, low margin BPO space, to concentrate on the higher margin Customer Lifecyle Management and Digital Technologies segment. He changed the name to Daythree.

The new focus paid off. ” I started Daythree in April 2016 with a small team, and now here we are with almost 2, 000 staff ( 500 permanent and 1, 400 contract who enjoy full staff benefits as well )”. It recently reported Q1 24 revenue of US$ 5.03 million ( RM23.7 million ) with US$ 500, 000 ( RM2.38 million ) in profit before tax. Since Daythree was listed in July 2023, there is no comparison of the coresponding period.

a leader in digital CX; aspirations

The growth of Daythree is a testament to the evolution of the BPO industry, which has come a long way from its call center roots ( many of us will recall calling 755 2525 for pizza ) and has undergone numerous iterations to now become Global Business Services ( GBS ). The world today allows for multiple ways to reach the customer, from customers who only interact with service providers via phone. And vice versa, and with AI agents on the horizon! However, the challenge for businesses like Daythree is n’t just combining all the data in relation to a particular transaction with real-world storytelling.

” Before the GBS term, contact centres were part of business process outsourcing. However, if the focus of BPO was once on cost, which is why call centers were once so popular in India and the Philippines, there is now a shift to value. It is not just people behind a desk, but better access to quality technology. It also means managing the entire service interaction, supported by technology. And a lot of it”! Davadass says.

With the ( somewhat mouthful ) tagline” Customer Experience Lifecycle Management is our Forte.. with its ambitions of being a Digital CX Leader. &nbsp, Delivering Insights &amp, Innovation is our Differentiator”. Daythree’s service to the market is delivered through three digital tools, all developed in- house.

  • Faith is a platform designed to improve employee engagement by providing tools for streamlining scheduling, automating payroll processes, facilitating communication, and enhancing performance feedback.
  • Customer relationship management is integrated with robotic process automation ( RPA ).
  • Saige, which functions as the business intelligence tool for the organization, gathers real-time data from each customer interaction and stores it on a unified analytics platform. This allows for analysis, interpretation, and recommendations for improvement based on the collected data.

Davadass chose to build his own solutions, even though it would have been simple to purchase off-the-shelf solutions to shorten its time to market. We are the first to notice the gaps in the processes that cause consumer frustration because we manage customer front-end processes for a living.  Very frequently we see agents being lacked the necessary digital tools to get the data and information they need to make quick decisions. This resulted in us seeing the value of expanding the capabilities at Daythree and bringing an improved CX to the market, explains Davadass.

” We are on a relentless search to incorporate technology into every aspect of the business,” he continues. ” I need to be able to do more with less, and that is Daythree’s edge. Malaysia’s other advantage is that we have people who can speak 53 different languages and dialects. At Daythree alone, its 15 languages. India and the Philippines cannot compete with this in any way. Although, these days, less people call in and the focus is more on doing things via chat. One agent can manage four conversations at once, which is a more effective use of my resources.

Not just Daythree makes the most of Malaysia’s advantages as a BPO hub. ByteDance, which runs TikTok and AliBaba, are two notable examples of global tech companies that have tapped these resources. Both companies began with small teams, and over the years, ByteDance’s number has soared to over 4,000 in just four years.

AI or not, human touch will always be needed

According to the joke, Davadass is the last person to worry that robots will eventually rule the world because of how practical and optimistic she is about the future. ” A huge challenge now is generative AI, in the sense that people are concerned about how it will change things”, he says thoughtfully. I firmly believe that more transactional work will be handled by technology, so if you do n’t upskill now, you’ll be left behind. In our industry, we still need that human touch, and I believe we always will. In some situations, AI can perform the job, but in others, the client needs to experience genuine empathy. You need a human right now to find that balance.

Going from founding a tech company in 2016 and getting it listed in 2023 is an impressive feat, but success did n’t necessarily come easy for Davadass. ” I bootstrapped the business”, he laughs.

No banks wanted to lend money to him, and the early stages of the process were challenging. However, Malaysia Digital Economy Corporation ( MDEC ) assisted him in getting assistance. ” Through GAIN and many of their other programs, their support has been instrumental in guiding us in our growth journey”, he acknowledges. They have helped us gain brand visibility in the market where we do business, both regionally and globally, by exposing us on various platforms and forums, including business missions. This has helped us open new markets and&nbsp, find new partners. They have also offered advice and assistance in assisting us in developing our exclusive digital tools.

As the pandemic hit in 2020, &nbsp, Davadass realised that he&nbsp, had hit a glass ceiling. The realization hit in those early difficult days of the pandemic that Daythree could n’t be an entrepreneur-driven company any more. I needed money and adopt a more professional approach in order to grow. Hence our IPO journey started in 2020 itself, and we got listed in July 2023″, he said.

Relinquishing control of the company born from an idea you’ve had for many years is n’t easy, but in failing an an entrepreneur once before, Davadass, who owns 38 % of Daythree, was able to approach the entire process with a more open mindset: the benefits were very clear and fit into his plan for&nbsp, Daythree’s growth. Before the IPO, I lost a very big deal because we were n’t “big” enough even though we were technically more than qualified. Because I understood that this business was more than just about me, I had to go through with the IPO. It’s not been too long ( 10 months since listing ), but the difference is very clear – the pipelines I am able to build, and with so many new doors opening. When you can be a part of a much bigger pie, why fight for control over a small pie?

With the experience he has acquired, and looking back, would he have done anything differently? Davadass smiles. ” I do n’t know. There are no decisions I regret. In its own time, everything happened. If I’d done the IPO 10 years ago, I would be a different person today, for example. I think of myself as an accidental entrepreneur, the one who’s always taken the road less travelled– even though as an accountant you’re trained not to do that”, he quips.

His business and life lessons apply to both his business and life lessons. The pillar of doing business for me has always been integrity; I’ve never been one to chase profits. When do you need to, when do you need it, and in the right way, the money will arrive, in my opinion. Being sincere has always paid off, and putting that front and center means that money will come. I also believe humility is critical”.

The three words used a lot in the company are’ Alive’,’ Blessed and ‘ Grateful’.

Davadass looks outside his large office windows, and smiles. I’ve heard this advice to budding businesspeople:” Go with your gut, back it up with as much information as possible, and always be open about what you stand for.”

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Coworking space provider Sandbox finds its niche as a startup hub

  • 15 % increase of lively regular users from 2022 to mid 2024 time
  • Investor gave US$ 318k in 2021 to establish 2nd place in Bandar Sunway

Sandbox co-founders, Lye Yu Min (left) and Casper Foo. 

Although the Klang Valley’s traffic conditions demonstrate clearly that the work-from-office pre-pandemic rule has reaffirmed itself, that does not imply that the idea of the company has not changed.

For example, the demand for working has improved after the crisis, said Casper Foo, inc- chairman of coworking area Sandbox launched with his co- founder, Lye Yu Min in 2017 in Sri Petaling, a township in Kuala Lumpur. There was a second i- leader then and the group self- funded the opportunity to the rhythm of US$ 63, 705 ( RM300, 000 ). The next co- founder immediately left to pursue additional interests. &nbsp,

The traditional method of working with a fixed space and legal obligations to pay rent had been clearly demonstrated by the crisis. Numerous companies experienced major cash flow issues. &nbsp,

Renting an office in the post-pandemic era also involves signing a traditional two-year lease and then investing in repairs.

More people today prefer coworking spaces because of the flexibility they are offered, according to Casper, adding that because of the lessons they learned that” income is king,” people are afraid to make this determination. With all the competition out there, you do n’t even know whether you’re going to succeed when you start a business. Which is why choosing a working place to begin as your first business is a wise decision, he said.

Casper points out that one can start at a coworking space right away, and that one can leave after one month if they do n’t feel their idea is solid enough.

Found its market

As a provider of coworking space, Sandbox is small compared to market leaders WORQ ( eight locations ) and Common Ground ( 10 locations ), or other established players such as Colony ( four locations ), Co- Labs ( five locations ), Spaces ( three locations ) and Komune ( three locations ).

While industry leader WORQ has been making headlines with partnerships with mall operators and real estate investment firms to expand the scope of its offerings and proven business players are becoming more and more popular for coworking options, Casper believes he has found a niche with his 24/7 coworking space that attracts students, freelancers, distant workers, startups, and modern nomads.

We are more like a business hub, a stepping stone for those who come in with little ideas, maybe only one person, or even occasionally without an plan. So they must experiment with a lot of tests in our environment. That’s why we call ourselves Sandbox”, Casper explained.

In 2022, having proven its target market was viable, Casper, with a US$ 318, 400 ( RM1.5 million ) investment from a close friend opened a second branch in Bandar Sunway instead of the more popular coworking locations such as Bangsar South, Damansara, Bangsar proper or Subang. For us, he said,” Those places are very elegant and business.” &nbsp,

Before Sandbox

Before the concept of Sandbox, Casper had spent his previous 10 years working as a financial planner in economic advisory services, while Lye, his co-founder, spent 11 years as an basic insurance planner. Since their time together at Sunway University, they have been companions.

Casper always liked the idea of working in an office, so he decided to work from a shop, which piqued his interest in the working concept because he thought it was “very cool” but also useful, especially if one was an entrepreneur or modern nomad. &nbsp,

” You could get guidance from others in the same area because the relationship is really strong when you meet like-minded people, rather than working at the cafe only or starting some projects,” said one woman.

Casper’s normal shop, which served as his office, shut down without warning in 2017 and that was the catalyst for the launch of Sandbox.
 

Sandbox Sri Petaling.

Sri Petaling and Bandar Sunway, and the village think

It was simple to pick Sri Petaling as the starting spot. The founders wanted Sandbox to get located in small towns that had a town experience. Additionally, Sri Petaling is located near to their home.

” I also favor areas that are more geared toward the younger demographic, because businesses typically fall into the 20s to early 30s,” Casper continued.

2017 was a different occasion for coworking areas, as they were too costly, said Casper. ” When Sandbox first started out, our rates were low compared to our competition”.

Now, after seven years in activity, rates have remained the same at the Sri Petaling area.

Because I personally looked for a coworking space before but found it inexpensive, I want to support these startups and those who are starting their entrepreneurial journey. That’s why when we started I wanted to make sure that the costs was pleasant for everyone”, Casper explained.

While Bandar Sunway took a month, its Sri Petaling branch’s cash-flow broke yet six months into operation. Casper items to the gradual recovery that followed the longer period that Bandar Sunway had to make breakeven.

He is now looking to expand Bandar Sunway’s events organization by employing some people. &nbsp,
 

Tenants

While residents have come and gone, particularly during the epidemic,” Most folks that leave our place are for good reasons as they grew too great for us to accommodate”, he said, declining to give examples.

A team of four to eight is the common power, but at one place, Sandbox was able to accommodate a group of 30 people because they had expanded at Sri Petaling before the crisis struck.

Sandbox now hosts 70 to 100 active regular people in each area. Between 20 and 30 of the inhabitants are contractors, while the remaining 20 to 30 are between two and four. Since 2022, occupancy has increased by 15 %, and the two locations have a monthly occupancy rate of between 65 % and 80 %.
 

The prospect

Sandbox is requesting Malaysia Digital Hub ( MDH) status, a government-certification for coworking spaces that meet certain requirements that help their user community grow their businesses.

” We are truly in the midst of this process for getting licensed”, Casper added.

In terms of potential growth,” While we welcome investors, we likewise hope to develop this business spontaneously because we want to maintain our model and style as a center scale, community- driven coworking space”, Casper explained. &nbsp,

Any investor looking to form a partnership with Sandbox in order to expand to new locations must accept their brand. &nbsp,

Beyond investors, Casper is looking for corporate partners. We hope to work together with more businesses to synergize with us, he said. Recently, it recently collaborated with Asus to provide Sandbox with the most recent WiFi router technology.

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U Mobile, Edotco ink MOU to accelerate second 5G  network rollout in Malaysia 

  • For effective blog acquisition and approvals, both parties will employ AI and data.
  • For the 5G implementation, Edotco will grant U Mobile exposure to its castle facilities.

U Mobile signed an MoU with EDOTCO to accelerate the rollout of 5G network under the government’s dual network model. From left to right - Wong Heang Tuck, CEO of U Mobile, Woon Ooi Yuen, CTO of U Mobile, Gayan Koralage, director of Malaysia Business at EDOTCO, Adlan Tajudin, Group CEO at EDOTCO.

In order to speed up the deployment of the 5G system under the government’s two network design, U Mobile and Edotco have announced their strategic partnerships. The MoU affirms U Mobile’s commitment to a fast, powerful, and cost- successful deployment for the next 5G network by leveraging Edotco’s considerable tower footprint and expertise.

Under the MoU, Edotco may provide U Mobile with data and access to its castle facilities, tool eagerness, and expedited blog supply to help U Mobile’s 5G network implementation. Working with various state agencies, the parties will also work together to create a streamlined method to help identify the proper building locations and structures. This will enable faster and more effective webpage acquisition and permits.

This partnership will help new 5G sites have faster on-air time and increase policy more quickly. Moreover, the two parties will discuss professional arrangements for several infrastructure requirements, including built- to- suit sites, co- locations, site upgrades, and domestic coverage, with the goal of establishing a cost- efficient and competitive offering for fast rollout.

The collaboration was highlighted by Woon Ooi Yuen, U Mobile’s chief technology officer, who noted that” U Mobile is delighted to be able to use Edotco’s tower infrastructure footprint to accelerate implementation in line with the Indonesian government’s authority for two 5G systems to establish healthier competition in the telecommunications industry. This will make us more advantageous in deploying the second 5G network. We are eager to provide Malaysians with affordable, high-quality 5G services and to demonstrate the economic benefits that the technology will bring to the public, commercial, and private sectors.

Gayan Koralage, director of Malaysia Business at Edotco, said:” This partnership is indeed a pivotal step forward in accelerating Malaysia’s 5G future. We are working to improve connectivity across the country and establish Malaysia as the nation’s leader in 5G. We are the largest tower company in the country, and we are dedicated to working with MNOs to provide superior telecommunications solutions and influence the region’s future of connectivity.

Since its formation in 2012, U Mobile has been Edotco’s first non-Axiata commercial customer. The two have had a long-standing partnership that dates back more than ten years. U Mobile is currently completing a site consolidation plan that aims to improve aesthetics and lower network operating costs. It recently renewed its lease agreement with Edotco for another term. This will make 5G more widely available, making it even more important.

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Awantec awarded US.45mil contract from MOE to deliver Google Workspace to schools

  • a registration of a three-year contract to offer G Suite Enterprise Software
  • may provide cloud-based alternatives like Google Workspace for Education and Google Cloud.

Ministry of Education HQ in Putrajaya.

Awantec Technology Bhd announced today that it has been awarded a US$ 5.45 million ( RM25.68 million ) contract to deliver Google Workspace for Education Plus to schools under the Ministry of Education ( MOE).

According to Awantec, MOE issued the Letter of Award to its wholly- owned subsidiary, Awantec Systems Sdn Bhd ( ASSB ) on 1 July with ASSB accepting it today, 4th July. The standardization of the deal is taking place.

Awantec explained that the prize is a regeneration of the MOE’s G Suite Enterprise Software For Education, which ran from July 8th, 2021 to July 8th, 2024.

For a 36-month period beginning from 9 July to 8 July 2027, ASSB may offer cloud-based options like Google Workspace for Education and Google Cloud Platform to all MOE institutions.

Awantec anticipates that the contract’s award will have a beneficial effect on the company’s future earnings per share and shield tangible assets per share.

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KWAP and Universiti Malaysia Kelantan ink MoU to drive AI adoption

  • Explore funding for research for creating localized big language versions
  • KWAP’s determination to accelerate modern transformation in serving partners

Nik Amlizan Mohamed CEO of KWAP with Prof Dr Arham Abdullah, Deputy Vice Chancellor (Research And Innovation) of UMK.

Kumpulan Wang Persaraan ( Diperbadankan )]KWAP ] today signed a MoU with Universiti Malaysia Kelantan ( UMK) to propel Artificial Intelligence ( AI ) adoption, in line with MADANI’s framework, the Malaysia National Artificial Intelligence Roadmap 2021- 2025 ( A I- RMAP ) and KWAP’s internal AI Adoption Programme.

Through this MoU, KWAP will look into a number of possible collaborations, including funding for the development of localized large language models ( LLMs) that support the national language and the creation of an AI Governance Framework and Ethics. KWAP is even looking into information and expert exchanges to aid in developing Artificial apply cases, proofs of principle, and sandboxing, as well as establishing KWAP’s Gen- Artificial lab. Other places include, among others, encouraging college ability and student accessories at KWAP, collaboration in research journals, co-organizing occasions and learning courses, and co-ordinating events and learning courses.

Nik Amlizan Mohamed, CEO of KWAP, said,” As Malaysia’s largest income portfolio for public business seniors, KWAP recognises the importance of AI implementation in navigating our nation’s transition into an ageing society. As part of our commitment, KWAP aims to promote the online change, especially in digital resilience, digital management, company systems, technology platform, as well as data management. This collaboration aims to lay a solid foundation for the development and use of AI.

Expressing confidence in UMK’s expertise, Nik expects the collaboration will not only aid us in accomplishing both parties ‘ mutual objectives in AI adoption, including enhancing KWAP’s operations, but also contribute significantly to the nation’s advancement in this field, ensuring success and benefit for all stakeholders involved.

Prof. Ts. The collaboration between UMK and the Institute for Artificial Intelligence and Big Data ( AIBIG ) and KWAP, according to Dr. Arham Abdullah, Deputy Vice Chancellor ( Research And Innovation ) of the UMK, is a significant step in the direction of the development and research of responsible AI.

The scope of this collaboration includes sharing research and information, co-publishing in research journals, and organizing events like Ideathon and Hackathon using university resources to implement AI use. Additionally, he said, the exchange of information on research innovation, student development, and industry attachment/training programs for students and university staff is included.

Alongside this initiative, KWAP has increased its digital adoption. Important initiatives include the use of Robotic Process Automation ( RPA ) to replace repetitive and labor-intensive processes to increase efficiency. Additionally, it has developed the new Semakan Pesara portal at 146 government hospitals in collaboration with Jabatan Perkhidmatan Awam ( JPA ), 50 haemodialysis centers, and plans to expand this integration to more centers nationwide.

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Gentari partners with Virta to grow EV charging market in Southeast Asia 

  • Gentari integrates Virta’s systems, experience for EV charging system
  • aspires to have 2, 000 charging points added to the Gentari Go system by the year 2024.

Left to Right: Elias Pöyry, co-founder and chief business development officer of Virta, Shah Yang Razalli, deputy CEO of Gentari and CEO of Gentari Green Mobility and Aaron Sarma, Digital Ecosystem, Gentari

As a software partner, Gentari Sdn Bhd, a company of Malaysia’s Petronas Group, is working with Virta, a leading Volt charging company solution provider, to increase the EV charging network throughout Southeast Asia. &nbsp,

In a statement, the clean electricity solutions company said that through its conglomerate Gentari Green Mobility Sdn Bhd, it will utilize Virta’s digital app services, technology, and industry knowledge to help the rollout and function of EV charging system.

The lovers will also collaborate with third-party organizations to make it possible for EV charging to be interoperable in the area.

Gentari announced it is deploying technologically advanced EV charging companies throughout the area through its clean energy system – Gentari Go in line with its long-term goal to get Asia Pacific’s leading lover for efficient accessibility options. Gentari Go, which was introduced in Malaysia in February 2024, also provides access to batteries in Thailand and Singapore, strengthening Gentari’s status as a market leader in high-powered strong current paying. &nbsp,

More than 2,400 charging items are now operational in the three states, according to the company, and Gentari Go will add another 2, 000 charging details by the end of 2024.

Elias Pöyry, co-founder and key business development officer of Virta, stated that” this collaboration has a great ability to get the speed of the energy transition in Southeast Asia. In just a year and a half, Genetari Green Mobility has grown from its inception to a leading marketplace person in e-mobility, and we are pleased to support this progress with our market-tested end-to-end global EV charging solutions and expertise, including regionally in Singapore, Thailand, and Australia.

He added that the company’s customers and partners will gain from its ecosystemic approach, which” Powered by Virta” ( Powered by Virta ), which will speed up EV penetration throughout the entire region.

” I’m convinced that Gentari is well-positioned to lead the East Asian business.” We now have a sizable presence in the area and a thorough understanding of the needs of the local business and consumer objectives. We see this engagement as essential in carrying out our plans with the best speed and scale, according to Shah Yang Razalli, assistant CEO of Gentari and CEO of Gentari Green Mobility, recognising the value of partnering with a company that has international standards and business experience.

Virta, the leading European EV charging platform, brings its ten- year track record in EV charging services to the partnership, having enabled over 1, 000 charging networks to manage their charging business on Virta’s platform in 36 countries, including the most mature EV markets in Europe. Since 2022, Virtu has also established itself in Southeast Asia.

As Southeast Asia and Oceania increase in EV penetration, there is an increasing need for robust charging infrastructure right now. Additionally, several countries in the region are already showing double-digit EV share in new car sales.

The firms anticipate that the region’s market will grow much more quickly than the US and EU have so far because there are already a lot of EVs on the market thanks to local and Chinese EV manufacturers making affordable models to meet demand.

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Sunway partners European Union to advance sustainability initiatives

  • aims to spread awareness about lasting methods in Malaysia.
  • Collaboration aims to improve conservation through combined strengths, information &amp, funding

Delegation of the European Union to Malaysia Chargé d’affaires a.i Timo Goosmann (second from right) and Sunway Group executive director of chairman's office Ong Pang Yen (2nd from left) at the signing ceremony in Sunway City Kuala Lumpur

A strategic partnership between Sunway Group and the European Union delegation in Malaysia ( EUD) aims to advance joint sustainability initiatives. According to Sunway’s speech, this engagement between Southeast Asia’s largest trading bloc and the world’s largest conglomerate demonstrates their shared commitment to achieving a web zero potential.

Ambitious behavior on conservation are required in order to meet the urgent challenges that climate change poses. Through this agreement, Sunway and the EUD commitment to encourage a sustainable and greener coming by pooling their strengths, knowledge, money, and engaging in creative initiatives.

The European Union’s a. document. Timo Goosmann, a. d. e., drew attention to Malaysia by partnering with Sunway Group to increase awareness of green practices. The EU has exerted great effort to make economic conservation a common goal. It has adopted the Western Climate Law, which states that by 2050, all of Europe’s economies and societies must be climate natural.

Ong Pang Yen, senior director of Sunway Group’s president’s office, said,” This agreement reflects the nature and significance of UN-SDG 17, Partnership for the Objectives. Working together with the EU and its member states to achieve as many of the UN’s SDGs as possible here in Malaysia and throughout the area, is a priority for us.

At a signing ceremony held in Sunway City Kuala Lumpur on April 18, 2018, Ambassador of Belgium in Malaysia assistant mind of Mission Pierrick Massaux and Sunway Group CEO Evan Cheah witnessed the signing of the letter of intent.

In Malaysia, the EU works with various local organizations to promote sustainable practices like conservation of wildlife and intelligent cities. In addition, Sunway has committed to achieving net zero carbon emissions by 2050 and has implemented cutting-edge carbon reduction initiatives across its various business groups as well as a first-of-its-kind natural lease agreement program among residents and lessors through its Real Estate Investment Trust shoulder.

Sunway is kicking off the Desa Mentari Community Observatory project this year, which uses a data-driven, systematic approach to improve the quality of life for Subang Jaya’s people housing project’s almost 30 000 residents.

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Pomen introduces Engarage transforming workshop management with advanced SaaS solutions

  • aspires to have 3, 000 seminars registered in Malaysia by March 2025.
  • Goals an extra income of US$ 637, 000 through this modification

The Pomen team with Syed Zulhilmi Tuan Sharif, CEO & founder (Bottom row, 2nd from left) and Nazmi Najib CTO & co founder (Bottom row, 3rd from left)

A cloud-based SaaS Integrated Workshop Management System ( Egarage ), a business process management system developed by Pomen Autodata Sdn Bhd ( Pomen ), has been released. It aims to help automotive workshops and service centers build long-lasting client relationships and ensure repeat business through personalized interactions.

Derived from” Engage” and” Garage”, Engarage empowers workshops to understand and capture their target market, enhancing customer retention and business growth. This system provides complete, practical information on revenues, protect part inventory, marketing tools, customer data, operations, finance, mechanical performance, and governmental compliance, including the introduction of compulsory e- Invoicing by LHDN in the upcoming updates.

” This business extension aims to enroll 3, 000 workshops across Malaysia by March 2025, with a targeted additional revenue of US$ 637, 000 ( RM3, 000, 000 )”, said Syed Zulhilmi Tuan Sharif, CEO &amp, founder of Pomen.

He added that Engarage offers a smooth end- to- end user experience, managing every aspect from booking and quotation to inspection, task management, status tracking, invoicing, and payment processes. This allows factory owners to give their customers with the smoothest and best service possible.

The program offers business users real-time insight and analysis based on current and reliable data, enabling them to make informed decisions. This helps in identifying developments, improving procedures, and eventually driving business growth. Additionally, garage owners can use advertising materials to promote their products to their customers, built-in engineer presence tools, and analysis of parts movement data. Moreover, it comes with the Engarage mobile apps applicable for both Apple iOS and Android systems.

By utilizing current data, Engarage improves awareness of car repair and studio performance, according to Pomen. This clarity aids in the workshop’s and its personnel ‘ performance monitoring and management, improving the level of customer service. &nbsp,

Additionally, the program makes it possible to manage workshops everywhere. Because of its cloud-based character, factory owners can run their operations remotely, allowing for flexible and ongoing business management.

With Engarage, Syed Zulhilmi emphasized that “our goal is to transform the mechanical workshop industry by providing businesses with cutting-edge tools to thrive in a dynamic environment.” This method will inspire innovation and functional excellence and establish a new standard for workshop administration, not just in Malaysia but also around the world.

Pomen has recently received CIP Sprint, a commercialization grant from Cradle for the amount of US$ 106, 000 ( RM500, 000 ). The startup is one of the Top 11 for Cohort 2 ScaleUp Malaysia’s programme that received US$ 53, 000 ( RM250, 000 ) in investment. Due to that, Pomen won the SITEC Selangor Accelerator Programme Cohort 2.0, which Pomen won. In the past, it was a recipient of CIP Ignite ( II ) funds from Cradle, receiving US$ 106, 000 ( RM500, 000 ) and the winners of the Petronas FutureTech Accelerator Programme, which led to their selection for the Global Immersion Program in San Francisco.

Any studio owner can register for free access to the engarage at www. engarage. io&nbsp,

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