Petronas, Accenture, AWS to commercialise logistics platform

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Designed to optimise logistic operations, cost of offshore vessels
Significantly optimise operational costs, reduce carbon emissions by 15%  Petronas, Accenture and Amazon Web Services (AWS) are collaborating to evaluate commercialisation opportunities globally for the cloud-based logistics solution and services platform Stear. 
Developed by Petronas in partnership with Accenture in 2021, Stear is designed…Continue Reading

SC, Agro-based Agencies Eye Alternative Financing for Agriculture Sector

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Better uptake of ECF campaigns in the farming sectorAlternative financing to address financing requirements in agriculture The Securities Commission Malaysia (SC) and important agriculture agencies have got discussed ways to tackle financing gaps experienced by micro, small and medium-sized businesses (MSMEs) involved in the agriculture sector in a bid to boost…Continue Reading

​​JCB, IDEMIA, Soft Space to launch CBDC pilot

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Having been widely tested, the CBDC is expected to be accepted by consumers, merchants
Payment system to be developed by late 2022 & tested on merchants till March 2023  Japan’s international payment brand JCB Co Ltd (JCB) has launched the JCB Digital Currency (JCBDC) pilot project with identity technologies firm, IDEMIA and…Continue Reading

NEC Malaysia, MyDigital to develop digital infrastructure, talent

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Support MyDigital Catalytic Project to provide consultancy
To receive counsel on adoption IoT, AI, blockchain, cloud, analytics NEC Corporation of Malaysia Sdn Bhd (NEC Malaysia) has formed a collaborative partnership with MyDigital Corporation to enable the development of Malaysia’s digital infrastructure and prepare digital talent for various industries.
In a statement, the IT…Continue Reading

SME Malaysia, Fusionex unveil data-driven ecosystem for SMEs

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Mission to transform SMEs into economic powerhouses of M’sia
SMEs to manage online interactions, make data-driven decisions SME Malaysia has unveiled what it claimed to be the first-of-a-kind business ecosystem, called the SME Business Facilitation Hub. 
Recognising the need to support local SMEs due to increased competition, shifting market demands and global trade complexities,…Continue Reading

TM officially launches first phase 5G services

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Telekom Malaysia Bhd (TM) has launched the first phase of its 5G services called UNI5G unlimited 5G data to existing Unifi Mobile Postpaid, new postpaid and prepaid customers.
In a statement, the telco said prepaid customers subscribe to the Unifi Bebas Monthly pass at US$7.35 (RM35) per month and claim the Unlimited…Continue Reading

Alta acquires Hg Exchange shortly after rebrand

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Lists Phillip Securities, Nomura Holdings, Integra Partners as shareholders
Goal is to connect promising new opportunities with capital, investing in alternatives Singapore based Alta Group (formally Fundnel), recently announced its acquisition of Hg Exchange (HGX), a private digital securities exchange.
The acquisition allows Alta to support the tokenisation and digital custody of alternative…Continue Reading

Maxis, MDEC collaborate to support new tech startups and foster innovation

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IdeaKita aims to create, foster 200 brand new tech companies by the end of the yearProgramme enables aspiring innovators, entrepreneurs to start their own tech firms Maxis and Malaysia Digital Economy Corporation (MDEC) are collaborating to foster greater creativity and tech breakthroughs among startups through MDEC’s IdeaKita programme. ÂIn a statement,…Continue Reading

Asia Mobiliti raises US.06mil pre-A funding to scale Mobility-as-a-Service in SEA

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Existing investor DVE Sapta leads round, with Gamlite IT, private investors
Grow team across engineering & business functions, scale beyond Malaysia Asia Mobility Technologies Sdn Bhd, a leading mobility-as-a-service (MaaS) and Internet of Things (IoT) solutions provider, today announced the closing of a pre-series A investment round of US$1.06 million (RM5 million),…Continue Reading