ICAEW: Resilient economic momentum in Malaysia and SEA, but outlook ahead remains cautious

Oxford Economics projects Malaysian economy to grow by 4.3% in 2023
2024 Budget shows govt exercising fiscal discipline, reduce budget deficit

Economic momentum has picked up in Q3 2023 in Southeast Asia, but there are concerns about potential headwinds in 2024, finds Oxford Economics in its recent research commissioned by the Institute of…Continue Reading

Maxis extends deal to access access TM’s high-speed broadband premium services until 2029

Partnership expands Maxis’ high-speed internet reach to more premises
Maxis provides fibre connectivity to more than 700k homes and businesses

Maxis has extended its agreement with TM to access its high-speed broadband (HSBB) premium services until 2029. 
A joint statement by both parties said that with the extension, Maxis will continue to access TM’s national fibre network…Continue Reading

Sidec exposes 5 companies to cutting edge e-commerce with trip to Hangzhou

Participants from Selangor e-Commerce Xccelerator Programme 2023
Exposure inspires a founder to change mindset from local/SEA to global

The Selangor Information Technology and Digital Economy Corporation (Sidec), recently concluded an overseas trip, part of the Selangor E-Commerce Xccelerator Programme 2023 (ECX23). Taking place from 3 to 9 Dec, five companies from the programme took…Continue Reading

CGC Digital, MDEC and PayNet collaborate to bridge MSMEs’ US.17bil financing gap via innovative alternative credit scoring

Partnership signifies collective commitment to address a national-level problem statement
Revolutionising credit assessment methods which will be game changer for financial sector

CGC Digital Sdn Bhd, Malaysia Digital Economy Corporation (MDEC), and Payments Network Malaysia (PayNet) signed a collaboration agreement aimed at driving financial empowerment and fostering inclusivity among Micro, Small, and Medium Enterprises (MSMEs) in…Continue Reading

Western Digital partners with Tenaga Nasional to integrate renewable energy within its Malaysia operations

Company aims to achieve 100% renewal energy globally by 2030
Collaboration with TNB will help fulfil 25% of its domestic energy requirements

Western Digital has signed a collaboration with Tenaga Nasional Berhad (TNB) through its wholly-owned subsidiary, TNB Renewables Sdn. Bhd. to drive renewable energy implementation in its operations in Malaysia with the…Continue Reading

Action, accountability needed in Johor for state to realise digital economy future

Launch of Digital Johor Masterplan 2030 delayed till 1Q24
Can incoming Sultan, Tengku Ismail, inject urgency and drive state govt needs

Having run the Malaysian operations of European integrated device manufacturer, STMicroelectronics in Johor for the last 10 years, and growing headcount from under 2,000 to just under 5,000 people, Tan Chun Shang (pic,…Continue Reading

MyIX welcomes appointment of Gobind Singh Deo and Ugak Anak Kumbong

Addition of these ministries will accelerate digital transformation in Malaysia
Aligns with forecasted 25.5% GDP contribution of digital economy by 2025

Malaysia Internet Exchange(MyIX) welcomes the appointment of Gobind Singh Deo and Ugak Anak Kumbong as Malaysia’s new Digital minister and deputy minister, respectively.
The introduction of two ministries, the Digital Ministry and Communications…Continue Reading

Tsunami of AI-driven attacks anticipated in 2024

Trend Micro urges industry-led regulation and innovative defense strategies
Specialized cloud-based ML models may be singled out for data poisoning attacks

In its 2024 predictions, cybersecurity company, Trend Micro, warns of the transformative role of generative AI (GenAI) in the cyber threat landscape and a coming tsunami of sophisticated social engineering tactics and…Continue Reading

Malaysia’s DNB automates and optimizes network management with award winning Intent-Based Operations

Network management using AI, ML, automation to allocate resources
PoC wins the Glotel Awards in London which recognizes innovation and excellence

Ericsson and Malaysia’s Digital Nasional Bhd (DNB) have successfully conducted an award winning proof of concept (PoC) in the use of artificial intelligence (AI), machine learning (ML), and automation to simplify management…Continue Reading