Mary Blight – Page 6

Ant International launches sustainability scorecard for MSMEs

On: November 12, 2024

GCash to captain effort, with Gprnt serving as it partner
seeks to assist MSMEs in monitoring social and environmental effects

Ant International launches sustainability scorecard for MSMEs

Ant International, in collaboration with industry partners, has announced the development of the MSME Sustainability Impact Scorecard ( MSME S-Card ), a digital solution designed to help Micro, Small, and Medium Enterprises ( MSMEs ) in Asia track their environmental and social impact.

The MSME S-Card is a component of Ant International’s Programme Sirius, which was launched in March 2024 to assist MSMEs in moving toward conservation. To establish solid ESG qualifications and unlock fresh economic opportunities, the scorecard aims to offer a refined electronic solution to MSMEs.

Leiming Chen, chief sustainability officer at Ant International, stated,” We hope that the MSME S-Card, the second initiative under Programme Sirius, will provide a benchmark for MSMEs and financial institutions to work together to support MSMEs ‘ sustainability journey, enabling them to lead to a shared vision for a better future while gaining practical benefits from green payments, ESG reporting, and natural financing”.

Gprnt, a online program for ESG monitoring and data, will serve as the tech partner for the effort. The start of the MSME S-Card, which coincides with Gprnt’s release of its own integrated Reporting and Marketplace equipment, which are designed to connect businesses to an ecosystem of solutions to support their funding and decarbonization needs, could not have come at a better time, according to Lionel Wong, executive producer of Gprnt.

GCash, a digital finance platform from the Philippines, will be the pilot participant for the MSME S-Card. According to Winsley Bangit, VP for New Businesses at GCash,” MSMEs will benefit from GCash’s partnerships with global leaders like Ant International, promoting responsible growth in line with GCash’s goal to uplift Filipinos ‘ everyday lives,” “GCash’s partnerships with global leaders such as Ant International will help enable MSMEs to access both capital and practical support.”

The initiative aims to address several issues that MSMEs face when adopting sustainable practices, including the insufficient knowledge of ESG practices, limited resources for sustainability initiatives, and limited supply of customized financial products for smaller businesses.

MSMEs can report and transform information using the MSME S-Card using digital platforms. The scorecard provides MSMEs with actionable insights to align with sustainability standards and strengthen their ESG credibility by integrating ESG metrics in a streamlined and digital manner.

Next year’s GCash pilot project is anticipated to launch, with additional customization of the Philippines ‘ scorecard benchmarks based on local needs.

Collektr secures US.3mil in pre-series A funding led by AC Ventures Malaysia

Collektr secures US$1.3mil in pre-series A funding led by AC Ventures Malaysia

By: Mary Blight

On: November 11, 2024

In: Technology

Set to grow throughout Asia and transform the souvenirs industry.
The Hive Southeast Asia, Creador Foundation &amp, 18 god owners take piece

Collektr said it has achieved strong growth, surpassing over 10,000 monthly active users.

Collektr, the first and premier livestream collectibles platform in the Asia-Pacific ( APAC ) region, has secured its pre-Series A funding round, bringing its total investment to US$ 1.3 million ( RM5.74 million ) to date. With its goal to change the collectibles marketplace across APAC, Collektr‘s modern role in the growing livestream commerce sector is highlighted by the investment.

Led by AC Ventures Malaysia, this square also saw contribution from The Hive Southeast Asia, Creador Foundation, and 18 popular angel investors, including seasoned managers and owners from different companies.

Building on the speed of Collektr’s plant large led by First Move, the new investment may fuel Collektr’s progress across the APAC area.

” We are honoured by the trust our investors have placed in Collektr’s vision to spearhead the future of collectibles and livestream commerce”, said Adlin Yusman ( pic, below ), CEO of Collektr. This funding enables us to expand rapidly throughout the APAC area, starting with Singapore, while also continuing to provide collectors with a powerful and stable platform. We invite regional businesses and retailers to meet us in creating a radiant ecosystem where enthusiasts can discover, link, and indulge their passions through creative livestream auctions.

Adlin Yusman making his pitch at the MDEC organised, Level Up Play in KL.

Ng Yi Chung ( pic ), Partner at AC Ventures Malaysia said,” Livestream commerce is a multi-billion industry that is growing rapidly. Collektr’s daring, revolutionary approach with the ability to perform live-bidding has really revolutionized how to delight and excite customers. Collektr secures US$1.3mil in pre-series A funding led by AC Ventures Malaysia captured the interest of regional buyers. We think they are heading in the right direction to fundamentally alter the world of souvenirs and live-streaming. This investment is n’t just about fueling growth, it’s about backing Collektr to take risks, break the mould, and set a new standard for online auctions and marketplaces”.

Since its album in April 2023, Collektr claims it has emerged as APAC’s top video app for items. It offers over 100, 000 special, authorized products from a fast growing community of trusted dealers across high-demand groups like Trading Card Games, Comics, Sneakers, Handbags, and Art. Collektr’s commitment to quality, accountability, and safety sets it apart in the industry, with a thorough screening process for every seller and a strong dispute resolution system that ensures trust in every transaction.

Collektr reported that its growth rate exceeded the engagement metrics used by traditional e-commerce startups, surpassing over 10,000 monthly active users, and exceeded those of Collektr. Its expanding seller base and user loyalty strengthen its position as the market’s leader in an ever-evolving market, while its dynamic approach to livestream commerce has made it the go-to destination for collectors. It is actively seeking strategic partnerships with sellers, merchants, and collaborators to enrich its marketplace with exclusive, rare, and unique items.

The startup is working hard to create a safe, entertaining, and rewarding marketplace for all by creating a vibrant collector community across APAC and invites sellers and potential partners from across APAC and beyond to participate in its journey.

Adlin (4th from left) with the Collektr team. Co-founder Saida Azizi is 2nd from right.

Unifi Business, TNG Digital announce collaboration to accelerate 5G adoption among MSMEs

By: Mary Blight

On: November 8, 2024

In: Technology

Partnership provides tools and connectivity for MSMEs to live in the modern economy.
Unifi may provide high-speed, low-latency 5G for increased communication, payment

Left to Right: Mohamad Yusman Ammeran, VP Unifi Business, Kelvin Lee Tsuan Chin, general manager for Fixed Mobile Convergence Unifi, Mohd Hanif Bin Mat Nor, manager, Commercial Marketing, TNG Digital and Freddie Lee, head of Merchant Services TNG Digital, during the MoU Signing

Unifi Business and TNG Digital have made an announcement to help Malaysian micro, small, and medium e-wallet ( MSMEs ) adopt 5G more quickly and effectively. Over one million Enterprises across the country will be able to access UNI5G Postpaid Biz and Touch’n Get app Soundbox deals through in-app press and Vodafone stores as a result of this partnership.

Unifi Business did give high-speed, low-latency 5G communication, enhancing both communication and electronic payments for businesses through its UNI5G Postpaid Biz solutions, 5G-enabled devices, and the Touch ‘ n Get eWallet Soundbox. These services are in line with TM’s strategy of becoming a modern superstar by 2030, which will advance MSMEs in the modern economy.

The relationship was formalised with an MoU signed by Kelvin Lee, Unifi’s general manager for Fixed Mobile Convergence, and Emilio Sta Maria, TNG Digital’s brain of Loyalty &amp, Engagement. The occasion was witnessed by Mohamad Yusman Ammeran, Unifi Business ‘ vice president and Freddie Lee, TNG Digital’s brain of Merchant Services.

Shanti Jusnita Johari, Unifi’s chief commercial agent, stated:” As the preferred online companion to MSMEs statewide, Unifi Business empowers them with innovative communication and modern solutions. The inclusion of UNI5G Biz and TNG Digital’s app Soundbox creates a 5G mobile and eWallet package, improving accessibility and electronic payments for a better client experience.

” In addition to digital repayments, UNI5G Biz capabilities our collection of offerings, from online marketing to cloud storage, retail Hub and security. Unifi Business is also certified to offer the government’s Geran Digital PMKS Madani ( GDPM), making these solutions available to MSMEs of all sizes. Through our global connection, qualified consultants, and leading support, Unifi Business continues to raise MSMEs in the nation’s online economy”, she added.

Touch ‘ n Go eWallet Soundbox has become an important merchant tool, offering quick words alerts for payments, adding protection against pay scams, and supporting real-time notifications. Starting at US$ 2.28 ( RM10 ) per month, merchants benefit from fraud protection and secure connectivity through Unifi’s UNI5G integration, enabling seamless operations from any location.

” At TNG Digital, we are committed to enhancing the business operations of our merchants, by empowering businesses with seamless, secure, and reliable cashless solutions. By integrating Unifi’s advanced UNI5G capabilities into our Touch ‘ n Go eWallet Soundbox, we are not only enhancing the way merchants manage their transactions, but also reinforcing our commitment to driving innovation and financial inclusivity”, Alan Ni, CEO of TNG Digital. &nbsp,

He added that this partnership protects merchants of the company from payment scams by ensuring that MSMEs, including MSMEs, have access to essential tools and connectivity to thrive in the digital economy.

New and existing Unifi Business and TNG Digital customers will have access to the following offers:

Bundled Unifi Business Fibre 300Mbps and UNI5G Postpaid Biz 65 plans for only US$ 45 ( RM199 ) a month
Free 5G-enabled device bundles from US$ 11 ( RM49 ) a month
Special Unifi Business and TNG Digital’s eWallet Soundbox bundles, including:

a ) WiFi only without UNI5G SIM card for only US$ 50.20 ( RM220 ) (originally priced at US$ 59 ( RM260 ) )

b ) WiFi with UNI5G SIM card for only US$ 68 ( RM300 ) (originally priced at US$ 77.50 ( RM340 ) )

The largest business networking and knowledge hub for MSMEs in Malaysia, the Unifi Business Club, is a member-only organization with exclusive access to the Unifi Business Club.

Kakitangan.com, INTI International University & Colleges partner to empower SMEs through upskilling and reskilling initiatives

By: Mary Blight

On: November 8, 2024

In: Technology

Both functions may work together to help SMEs increase and reskill their workplace.
Collaboration supports the govt’s visit to improve workplace knowledge profitability

Zetty Shazlin, marketing manager of Kakitangan.com, Effon Khoo, co-founder and CEO of Kakitangan.com, Professor Dr. Shamsul Nahar Abdullah, iInterim pro vice-chancellor of Academic Operations, INTI International University and Naomi Yang, assistant vice president (Career Services), INTI International University & Colleges)

Leading Indonesian software for individual tool options, Kakitangan.com, has announced a collaboration with INTI International University &amp, Colleges to provide important coaching programs for Malaysian SMEs. This partnership responds to the president’s request for better workplace skills in order to remain competitive on a global scale.

Under the Memorandum of Understanding, Kakitangan.com and INTI may share resources to teach SMEs on the importance of upskilling and reskilling their workforce, mostly targeting SMEs that may not have previously had access to university-level education.

With over a decade of experience in HR and payroll, and a user base exceeding 150, 000, Kakitangan.com stated that it is well-positioned to address the unique needs of SMEs, tailoring training programmes to support the specific challenges of Malaysian businesses.

Founded in 1986, INTI stands among Malaysia’s top educational institutions, attracting students from over 100 countries and earning recognition as a QS Rising Star. INTI quickly rose to prominence and is now a preferred destination for international students. It was first ranked in the QS World University Rankings in 2024.

” We’re excited to partner with INTI, an institution renowned for its quality courses. This partnership will give SMEs the training they need to strengthen their workforce and advance their businesses, according to Effon Khoo, CEO of Kakitangan.com.

” The partnership aligns with Kakitangan.com’s mission to strengthen national competitiveness in an evolving global market, echoing the government’s focus on workforce development”, he added.

Professor Dr. Shamsul Nahar Abdullah, interim pro vice-chancellor of academic operations at INTI, highlighted the partnership’s transformative impact, noting that such collaborations go beyond traditional models to inspire growth and reshape the future of work and education. He claimed that the practical exposure students will receive from Kakitangan.com will advance their understanding of the workforce and digital landscapes.

INTI shares Kakitangan.com’s commitment to enhancing students ‘ industrial exposure and practical learning. ” Partnerships are the backbone of progress. When institutions like INTI and innovative platforms like Kakitangan.com join forces, it goes beyond collaboration—it’s about opening doors, inspiring growth, and shaping the future of work and education together”, Professor Dr. Shamsul added.

” This hands-on exposure with Kakitangan.com is set to deepen students ‘ understanding of digital solutions and workforce management”, he said.

Kakitangan.com users will also benefit from INTI’s resources, including complimentary access to select high-quality training courses. ” We are committed to supporting Kakitangan.com’s growth”, Dr. Shamsul added, noting that INTI will offer professional development resources, such as free i-MOOC training, micro-credential courses, and tailored workshops. These opportunities are intended to enhance the professional and technical abilities of both Kakitangan.com’s employees and users.

Bizcap announces plans for Singapore expansion, appoints Joseph Lim as Asia managing partner to drive SME growth

By: Mary Blight

On: November 8, 2024

In: Technology

selects Lim to lay the groundwork for Bizcap’s expansion throughout Asia.
Provides SME funding from US$ 3, 780- US$ 378, 000 with certifications in time

Bizcap announces plans for Singapore expansion, appoints Joseph Lim as Asia managing partner to drive SME growth

Bizcap, an Australia-headquartered finance chief in strong and flexible business financing across Australia, New Zealand, and the U. K., has announced its development plans into Singapore, along with the visit of Joseph Lim as Asia managing partner.

The company announced its development into Singapore in Q1 2025 to address a crucial difference in the SME financing landscape, namely the difficulty of getting quick and flexible funding. It was noted that many of Singapore’s 300, 000 SMEs struggle to obtain conventional financing, frequently due to a weak financial track record or limited security. The Singapore Department of Statistics highlighted&nbsp, that just 27 % of SMEs in Singapore are able to secure bank funding, while 40 % rely on personal savings or money from family and friends.

According to Bizcap, it provides financing solutions ranging from US$ 3, 780 ( RM16, 500 ) to US$ 378, 000 ( RM1.6 million ), with approvals within hours, no upfront credit checks, a low documentation process, and fund disbursement within 24 hours. This strategy helps businesses get access to proper funds to meet urgent needs in an exceedingly digitalized market in response to the growing demand for alternative financing.

]RM1 = US$ 0.227]

To guide this fresh venture, the firm has appointed Joseph Lim as Asia managing companion. He has been instrumental in generating US$ 50-$ 70 million periodically and has led stream and strong distribution groups of over 120 people across APAC with over 13 years of experience in financial services and a proven track record of driving progress in competitive markets. Also, Lim played a key role in significant transactions, including the purchase of OneSource to Dunn &amp, Bradstreet Australia ( now’ illion’ ) in 2016 and the acquisition of the Zip Business product reserve in 2023.

Lim will be central in Bizcap’s expansion, working closely with advisers, lenders, and referral partners to establish a strong foundation for the company’s growth across Asia. He will concentrate on fostering strategic partnerships, overseeing market entry initiatives, and ensuring local market requirements are met in a way that supports regional growth.

” Lim’s appointment marks a key milestone in our international growth strategy”, said Abraham White, co-CEO of Bizcap. His deep financial services background and a passion for innovation will be essential as we fulfill our promise to provide SMEs in the region with quick, trustworthy funding. We anticipate that the Singapore market will be a successful first entry point for Bizcap into Asia.

With an estimated GDP growth forecast of 2.6 % in 2024, SMEs are showing increased optimism as they pursue growth and expansion opportunities, driving demand for quick, flexible funding options to fuel development, hire skilled labour, and invest in equipment. Bizcap will focus on supporting SME growth in sectors such as wholesale, retail, manufacturing, professional services, construction, and hospitality.

Among the key characteristics of Bizcap’s financing solutions for Singapore-based SMEs are:

Flexible Standards: Bizcap tailors its lending strategy based on each SME’s unique circumstances, enabling businesses that might not adhere to stringent traditional standards to obtain the funding they need.
Low-Documentation Requirements: By minimising paperwork and upfront requirements, Bizcap’s streamlined application process removes common administrative barriers, making access to funds quicker and simpler for SMEs.
Transparency: With clear, straightforward terms and no hidden fees, Bizcap provides SMEs the ability to make informed financial decisions.

Since its founding in 2019, Bizcap has provided over$ 1 billion in funding to more than 25, 000 SMEs across Australia, New Zealand, and the U. K.

AvePoint launches AI Lab in Singapore to drive industry-focused innovation

By: Mary Blight

On: November 7, 2024

In: Technology

The AI Lab will generate world Artificial studies with industry-focused R&amp, D
strategies to employ through 25 AI specialists and researchers over the next three years.

The Singapore Economic Development Board ( EDB) supported the release of AvePoint’s AI Lab to advance AI-driven research and innovation in the cutting-edge areas of artificial intelligence and machine learning. The company is the world leader in information management and data management. The AI Lab is said to be addressing global business issues through the development of new research and the integration of AI across the AvePoint Confidence Platform in a speech.

It added that the AI Lab may serve as a main hub for high-impact studies in AI, focusing on spurring industry-relevant R&amp, D with a global reach. Scientists, drawn from both local and international expertise lakes, will have the opportunity to operate with AvePoint’s international teams on employ cases from different countries, ensuring an international exchange of knowledge and insights.

In the next three decades, the test will employ across 25 AI researchers and program specialists to help these initiatives, which will encourage AI innovation both locally and globally. Through a global circular programme at AvePoint’s headquarters, it will allow regional PhD-qualified experts to collaborate with top international researchers. Also, the facility will offer opportunities for collaboration with a system of universities and the company’s global item teams.

” We are excited to start the AvePoint AI Lab, which will be instrumental in advancing AI-driven analysis and addressing market requires”, said Wei Chen, mind of R&amp, D at AvePoint. With this facility, we aim to create effective solutions that benefit global industries while improving our SaaS products.

With its global trade element, the AvePoint AI Lab will produce AI-driven solutions for important industries, including:

FinTech: AI will improve finance operations by combining advanced information formation and fraud detection with Know Your Client solutions to improve financial product recommendations.

The laboratory will also create impressive suggestion systems for profession development and lifelong learning that are relevant to a worldwide audience. These solutions include enhancing collaboration and knowledge management through AI.

Philbert Gomez, senior producer &amp, head of Digital Industry Singapore, said, “EDB is committed to fostering Artificial technology that addresses real-world business issues. We are pleased to back AvePoint’s AI Lab in Singapore, which may improve cutting-edge AI research and help convert these discoveries into useful solutions for worldwide markets. This program is in line with our intention of positioning Singapore as a center for AI ability and development, creating valuable job opportunities, and promoting the development of AI applications that can increase productivity and competitiveness across different sectors worldwide.

The AI Lab’s main objectives are to expand the company’s SaaS merchandise while expanding its existing product lines to meet changing needs in the world market.

Wei Chen continued,” Our focus is always going to be translating these achievements into practical programs for our customers worldwide,” adding that” The Lab enables us to work on a global level, ensuring that the improvements we develop here in Singapore can have an effect on industries around the world.

Breaking away from commission-based fees, Mereka opts for subscription model for its talent marketplace of experts

By: Mary Blight

On: November 6, 2024

In: Technology

Charging regular cost of US$ 20 for piano, &nbsp, US$ 40 for team
Model is expected to remove the need for skill to keep the platform&nbsp, &nbsp,

Rashvin, co-founder and CEO of Mereka making his pitch at the 2024 MBAN Summit held in KL in Sept.

” You are the one delivering the job, you should get paid the full amount for that work”, said Rashvin Pal Singh, team CEO of Mereka, an education tech company. &nbsp,

He refers to knowledge-based gig workers rather than delivery and rideshare, where the business models of platforms like Upwork and Fiverr are set to take a cut, ranging from 10 % to 20 % from each job the workers receive through the platforms. One platform, Toptal which connects businesses with software engineers, designers, finance experts, product managers, and project managers, charges up to 40 %. &nbsp,

With the launch of its subscription-based skill marketplace platform in June, where talent do not have to give the platform for the number of work they get, Rashvin found this to be fundamentally unjust because” the person delivering the service is the expert, but the system as an entity takes a big slice of their income.” Rather users pay a US$ 20 ( RM88 ) monthly fee for individuals or US$ 40 ( RM176 ) for teams. ” You pay us for access, versus the other way around where you come on board the platforms for free, but they keep taking 20 % to 40 % of what you earn” .&nbsp,

Some points made by Rashvin. Mereka has launched an ownership fundraising strategy on pitchIN with the aim of raising RM1.5 million in addition to the launch of the skills system. As of 6 Nov, it has reached RM800, 700, primarily from existing owners from its 2018 battle that raised over RM1.6 million. &nbsp,

]RM1 = US$ 0.227]

The money will solve Rashvin’s two main issues. Finding the balance between having an impact and being equitable while simultaneously addressing its individual business needs is a high wire work, like all socially-driven effect companies. If the money is depleted, it will work as a security net.

The second is that a seven-person software team requires ongoing investment in software development in order to achieve long-term results as opposed to balancing cash circulation for the current year. &nbsp,

” We want to improve our technical advancement”, Rashvin said.

Having said that, Mereka has had a positive cash flow for the past three decades.

changing the subscriber type

To be sure, when the program initially launched in 2021, it did not begin with the subscription model. Although it provided career matching and training programs, it primarily served as a resource management platform that made it possible for users to book both the Mereka training programs and the huge makerspace’s rental facilities. Additionally, it partnered with Taylor’s University and a few TVET/vocational center in Kuala Lumpur to record their services for rent. &nbsp,

Because it posed the least obstacle to entrance and was the norm in the market, it decided to adopt the commission model. &nbsp,

Despite seeing 220, 000 learners access various courses ( from 2021 to 2023 ), 80 % of those who attended the Skills for Jobs Indonesia program with Mereka serving as implementing partners had a bad year.

Rashvin even noticed the problem with all programs that match gig workers to jobs, with employees leaving the platforms to deal with clients immediately. ” There was no commitment to the systems, but I understood this”, said Rashvin. The problem with transaction-based models is that once you start finding a few projects on the program, you will typically find a way to keep because you would like to avoid paying the fee per job.

The subscription design, which allows ability to retain all of their earnings, not only generates good publicity, but it also helps to foster loyalty and lessens the likelihood of talent wanting to deal with clients outside of their own country.

” We will also continue to add value to our customers by providing them with access to our university courses and putting them in work via our work board. We can stick to our motto, “Skills to Income,” by strengthening our brand and making the system more equal, said Rashvin.

The phrase “expert” is used to describe the skills is intentional because the market does not only target knowledge employees but also those who are experts in their fields, ex-craftsmen, even though this group only accounts for 5 % of the ability.

With the job market in Southeast Asia valued at US$ 3 billion, said Rashvin, Mereka is targeting to sign-up 50, 000 authorities on the software over the next eight years.

The discrimination in compensation between workers and knowledge-based job

Rashvin, a co-founder and CEO of Biji-Biji Initiative, was first exposed to the unfairness of compensating skills. Biji-Biji, a social organization founded in 2013 by some companions, focuses on sustainable development through education and technology in Malaysia.

During the first three years of Biji-Biji, although they were doing production work like woodworking, metal fabrication, handmade bags for women, the challenge faced was being valued as mere’ labor’ work. They were not being compensated fairly for what Rashvin claims was skilled labor that was being paid between RM100 and RM150 per day.

He only realized this when Biji-Biji began providing educational programs in 2015 and this realization only hit him. We realized that customers who were learning from instructors were receiving RM150 to RM200 per hour, as opposed to the same rate per day for any production work, according to Rushvin.

Mereka, a division of Biji-Biji Initiative, established as a result of this glaring pay gap in 2017, which aims to provide higher-quality education and coaching to businesses. &nbsp,

Seven years later, Mereka has evolved into a talent development ecosystem that trains artists, professionals, and businesspeople for the future of the workforce. Through our talent marketplace, Rashvin stated,” We give our learners access to digital entrepreneurship content and opportunities to make money,”

He anticipates a positive response from the market for the model. Because the money is yours, there is no incentive for you to transact off-platform. ” &nbsp,

He anticipates the business to be viable because Mereka will earn recurring income while talent who joins the platform will have access to two things: ongoing income-generating opportunities and job opportunities ( which they have to pay for ).

Mereka will launch a free tier in January, where users can access the platform’s digital content but not its income-generating opportunities.

Mdec, DNB and MyDigital display Malaysia’s innovations at SCEWC BARCELONA 2024

By: Mary Blight

On: November 6, 2024

In: Technology

In September 2025, M’sia will be the first network of the Smart City Expo at SEA.
Show highlights M’sia’s commitment to modern cities &amp, international collaboration

Smart City Expo World Congress (SCEWC 2024) in Fira Barcelona Gran Via, Spain.

The Malaysian Pavilion will be displayed at the Smart City Expo World Congress (SCEWC 2024 ) in Fira Barcelona Gran Via, Spain, along with Digital Nasional Berhad and MyDigital Corporation. The parties stated in a joint statement that this exhibition highlights Malaysia’s unwavering commitment to supporting foreign collaborations and advancing online city initiatives to promote urban development and sustainability.

The Malaysia Pavilion, officiated by Gobind Singh Deo, Malaysia’s Digital secretary, showcases a diverse collection of Malaysian companies leading in modern city options. With 11 organisations presenting their technologies and innovative products and services, attendees may participate directly with Malaysian innovators, explore creative ventures, and practice the transformative possibility of Malaysia’s modern business first.

SCEWC 2024 is a global system combining business leaders, politicians, and inventors, which emphasises Malaysia’s corporate vision to utilize digital technologies for enhancing urban living and improving citizens ‘ online experiences. The Malaysia Pavilion serves as a forum for stimulating conversations on the future of online locations and showcasing the country’s cutting-edge options.

MDEC’s CEO, Anuar Fariz Fadzil, expressed excitement about the Malaysia Pavilion, stating,” We’re showcasing our innovations to encourage engagement, dialogue, and partnerships that may shape the future of online urban living, and learning German best practices in modern city governance. We are also forming strong alliances to increase Malaysian digital exports and investments.

The Ministry of Digital also announced that Malaysia will be the first nation in Southeast Asia to host the Smart City Expo Kuala Lumpur in September 2025, continuing its commitment to Barcelona. Malaysia will lead efforts to bring the region together with the most recent innovations, promoting the creation of more effective and sustainable cities throughout the region, as chair of ASEAN in the upcoming year.

Azman Ismail, the CEO of Digital Nasional Berhad, highlighted the potential of smart city applications powered by 5G to improve urban living. ” Smart city solutions, including autonomous vehicles and advanced public transportation systems, smart lighting integrated with real-time surveillance, real-time traffic management, and intelligent water and waste management, significantly improve the safety, security, comfort, and convenience for urban residents. These applications leverage AI and IoT devices, which depend on high-speed, ultra-low latency connectivity. As Malaysia’s 5G wholesale network provider, DNB is proud to be the backbone of the nation’s digital city transformation”.

Adrian Marcellus, the CEO of MyDigital Corporation, said,” We envision creating cities that are both inclusive and sustainable by using digital technologies to bring about meaningful change for everyone.” Through global collaboration, we aim to address our cities ‘ most urgent challenges—improving quality of life, enhancing resilience, and fostering equitable opportunities for all”.

Together, he said,” We can create urban environments where technology supports sustainable growth and ensures that no one is forgotten,” which shows ASEAN’s commitment to inclusivity and resilience for a better tomorrow.

These initiatives highlight the Ministry of Digital’s ongoing commitment to creating a robust digital economy. By harnessing innovative technologies and encouraging international collaboration, Malaysia aims to set new standards in urban living, drive sustainable growth, and preserve the environment.

Meraque supports social reintegration under Budget 2025 by hiring rehabilitated individuals as drone pilots

By: Mary Blight

On: November 6, 2024

In: Technology

aims to impart knowledge to assist people who have been rehabilitated in resuming their life.
Plans to manage 10-20 pilot jobs in Selangor &amp, Johor by Q1 2025

Left to Right: Representatives from Jabatan Penjara Malaysia, Suria Hani Affandi Chew, COO Meraque (third from left) and representatives from Perkeso

In partnership with Perkeso and Jabatan Penjara Malaysia, Meraque Group, a manufacturer of technology solutions, has launched its Social Reintegration Programme. This program aims to train and give back to formerly homeless people who have had a positive impact on society.

Aligned with Malaysia’s new Budget 2025 initiatives to enhance job opportunities for vulnerable organizations, including ex-convicts, Meraque’s program offers functional training and job jobs as drone pilots. Prime Minister Anwar Ibrahim, in his new budget display, noted government efforts to support these groups through MyFutureJobs, MySTEP, and more SOCSO incentives. This includes a US$ 344 ( RM1, 500 ) monthly allowance for six months, designed to assist employers in integrating over 3, 300 job seekers from vulnerable backgrounds, supported by a dedicated US$ 6.8 million ( RM30 million ) allocation.

Meraque intends to dedicate 10 to 20 pilot jobs in Selangor and Johor, with the goal of deployment in Q1 2025. The program aims to provide potential additions for participants who demonstrate outstanding performance, paving the way for a significant and long-term reconciliation.

” Our perspective is to give people from different backgrounds, including rehabilitated people, the opportunity to get qualified aircraft engineers and operators”, said Razalee Ismail, CEO of Meraque.

I was born with modest foundations, so I now have the desire to grow and advance. By offering a second chance to ex-convicts, we are not only transforming their life but even building a stronger, more diverse workforce. I’m committed to putting this vision into practice and supporting these people as they head off on a new route toward important and effective careers,” he continued.

Since 2017, Malaysia’s Corporate Smart Internship ( CSI) initiative for the Parole Programme has provided both theoretical and practical training to increase employability and helped District Parole and Community Service Officers secure job opportunities for those on parole. The partnership between Mérida and CSI, which began in September of this year, demonstrates a commitment to empower former convicts by training them to fly drones as experienced, which both aids in their rehabilitation and even supports community integration and professional development over the long term.

Through extensive training as experienced helicopter pilots, Meraque contributes to the cultural reunification of ex-convicts, giving them a renewed chance at life. This collaboration promotes specific treatment and promotes community integration and professional advancement.

Razer Gold received in-principle approval from the Monetary Authority of Singapore to be a major payment institution under the Payment Services Act

By: Mary Blight

On: November 5, 2024

In: Technology

Provides safer, trusted payment running for players and designers
Approval allows Razer Gold to expand its reach, help the game industry

Razer Gold received in-principle approval from the Monetary Authority of Singapore to be a major payment institution under the Payment Services Act

The Monetary Authority of Singapore ( MAS ) has granted the company’s founders ‘ approval to operate as a major payment institution, according to Razer Gold, the unified virtual currency used by gamers worldwide. This allows Razer Gold to develop its product range and offerings while offering frictionless payment options for gaming platforms.

Razer Gold has been conducting business as part of a temporary provision as part of the transitory arrangements made since the Payment Services Act’s inception. This initial acceptance represents a significant step in the development of its status as a big pay organization. Once it has obtained the licence, Razer Gold may be authorised to offer restricted payment services, including account issuance, facilitating both private and cross-border money transfers, merchant acquisition, and providing e-money issuance services—all of which are necessary for supporting the dynamic and fast growing gaming industry.

Razer is celebrating a major step by obtaining this in-principle consent from MAS. It reflects our unwavering commitment to upholding the highest standards for conformity and advancing our long-term goals for sustainable development. It strongly positions Razer as a trusted spouse in Singapore’s online economy”, said Adisorn Phonnarut, International Head of Razer Gold.

The thoroughness of the licensing procedure and the initial approval show how dedicated our team was to creating a solid compliance framework. We look forward to improving our techniques and working with MAS, our partners, and the gaming industry to create a safe, trustworthy transaction ecosystem that meets the changing needs of the sector, he continued.

Razer Gold will continue to offer players and game developers faster, safer, and more trustworthy transaction processing as the company continues to innovate and adapt to the changing demands of the gaming industry.

As a member of Razer, the world’s leading global life product for players, Razer Gold provides one-stop access to full coverage of both online and off-line channels in Singapore and emerging markets. It is accessible in more than 50 000 sports and entertainment titles, and players may use Razer Gold to buy in-game items like Razer Silver and unique deal deals.

For more information on Razer Gold, please visit https ://gold .razer.com

Mary Blight (Page 6)