First fintech in Malaysia to receive highest possible issue rating
Upgraded rating cements already established market confidence in M’sia, SEA
Boost, the fintech arm of Axiata, recently achieved a milestone by becoming the first digital financier in Malaysia to be upgraded to the highest investment-grade issue rating of AAA by RAM Ratings. The…Continue Reading
Led by 42XFund from Abu Dhabi, with Malaysia’s KWAP, 500 Global & others
eFishery contributed 1.55% of Indonesian aquaculture sector GDP in 2022
eFishery, an aquaculture company from Indonesia, announced it had raised US$200 million (RM931.6 million) in Series D funding last week to accelerate its target of developing the cultivator community in Indonesia and increasing…Continue Reading
65 students from the elective final year took the course
Is one of the modules for students in the faculty of Mechanical Engineering
The Malaysian Productivity Corporation (MPC) developed a new productivity-related module to strengthen students’ knowledge in achieving the government’s agenda to increase the nation’s productivity.
The new module is a collaboration between…Continue Reading
Participants from regulatory bodies, law enforcement, financial institutions, undergrads
Calls for relevant stakeholders to explore digital tools prototyped & combat financial crimes
Bank Negara Malaysia (BNM) has announced the winners of the Anti-Money Laundering/Counter Financing of Terrorism Hackathon 2023. The Hackathon was launched in April and attracted over 660 participants from 140 teams, representing more than 20 countries from the…Continue Reading
95% of security decision-makers lack senior leadership trust in protecting firms
Only 20% of security professionals with cyber-mature security ops have cyber insurance
Kroll, the leading independent provider of global risk and financial advisory solutions, announced the release of its report State of Cyber Defense 2023: The False-Positive of Trust.
In a statement the…Continue Reading
The first quarter of 2023 recorded a US$62.511 billion growth
Annual e-commerce income for 2022 was US$235.646 billion
Malaysia’s e-commerce income by establishment recorded a notable growth of 10.4% year-on-year in the first quarter of 2023, to reach US$62.511 billion (RM291.7 billion). This growth was primarily driven by Manufacturing and Services sectors. In…Continue Reading
Aims to bridge gap between traditional banking & Asia’s unbanked
Plans to expand across Asia via Visa’s cross-border capabilities, network
Paywatch, an Earned Wage Access (EWA) startup based in Malaysia, announced last week an MoU with Visa to promote financial inclusion among Asia’s workforce. In a statement, the firm said it aims to…Continue Reading
46 trillion cubic feet of potential carbon storage capacity identified
Tax incentives were announced in Budget 2023 to spur activity
Malaysia has pledged to cut carbon intensity against GDP by 45% by 2030 compared to 2005 levels, in line with its commitment to achieving carbon neutrality by 2050. As previously reported by…Continue Reading
Imri Mokhtar completes term, succeeded by Amar Huzaimi as Group CEO
Azlan Hashim finishes term, succeeded by Zainal Abidin Putih as Chairman
Telekom Malaysia Bhd (TM), has announced key changes in its leadership effective 1 Aug 2023. The change sees Amar Huzaimi Md Deris as the new Managing Director/Group CEO of TM, succeeding…Continue Reading
The team walked away with US$6,444, trophies, and certificates
of the 100 teams that participated, 10 were chosen for the final presentatio
Team DoBetter took home US$6,444 (MYR30,000) well as trophies and certificates as the champion at ImpactHack 2023 Hackathon by Standard Chartered. The team won for their prototype solution BizFlow, a centralised…Continue Reading