Maxis records solid Q3 performance, delivering growth across all segments

EBITDA increased 3.0% due to continued cost management initiatives
Profit after tax, US$66 mil, 3.1% lower despite solid EBITDA, Maxis continued to deliver growth across all segments, driven by performance of its consumer and enterprise businesses. 
In a statement, the telco said it reported higher service revenue in the third quarter ended Sept…Continue Reading

Malaysian companies bag six awards at Asocio Awards

Pikom’s councillor Stan Singh elected vice chairman of Asocio
Awards recognise individuals, organisations that have impacted society Six Malaysian companies clinched various the Asocio Tech Excellence Awards at the recently concluded Asian Oceanian Computing Industry Organisation summit held on Oct 28.
Hosted by SGTech, the event saw participation from member economies, regional tech…Continue Reading

New era upside of Meta’s share price collapse

Facebook may not be the original social media platform but it has stood the test of time – until recently. Meta, the company that owns Facebook, Instagram and WhatsApp, saw its value plummet by around US$80 billion in just one day at the end of October, after its third-quarter profits halved amid the global slowdown. […]Continue Reading

Alibaba Cloud announces final nominees for AsiaStar 10×10 campaign to recognize innovation in Southeast Asia

11 out of 100 awardees are based in Malaysia including Saora Industries
Part of Project AsiaForward initiative to celebrate tech led entities in SEA As part of its Project AsiaForward initiative, Alibaba Cloud has teamed up with tech ecosystem partners to celebrate the diverse achievements of tech-driven entities in Southeast Asia.
Known as…Continue Reading

HLB Jumpstart to provide financing for micro entrepreneurs

Funding will be dispensed through MADCash, AlfieTech
Opened  to individuals who lack credit history, full-time employment With social finance slated to play a greater role in advancing financial inclusion and enabling social development in Malaysia, Hong Leong Islamic Bank (HLISB) has rolled out a brand new social finance programme, ‘HLB Jumpstart –…Continue Reading

Petronas, Accenture, AWS to commercialise logistics platform

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

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

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

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