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.Â
In a statement, the telco said it reported higher service revenue in the third quarter ended Sept…Continue Reading
Pikomâs 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
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
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
Aims to leverage tech to simplify buying process, make claims
Approval to test digital life insurance business for 12 months Tune Protect Ventures Sdn. Bhd. (TPV), a wholly owned subsidiary of Tune Protect Group Berhad (Tune Protect) has received conditional approval from Bank Negara Malaysia (BNM) to participate in the Financial Technology…Continue Reading
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, âHLB Jumpstart â…Continue Reading
Designed to optimise logistic operations, cost of offshore vessels
Significantly optimise operational costs, reduce carbon emissions by 15% Â Petronas, Accenture and Amazon Web Services (AWS) are collaborating to evaluate commercialisation opportunities globally for the cloud-based logistics solution and services platform Stear.Â
Developed by Petronas in partnership with Accenture in 2021, Stear is designed…Continue Reading
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
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 2023Â Japanâs international payment brand JCB Co Ltd (JCB) has launched the JCB Digital Currency (JCBDC) pilot project with identity technologies firm, IDEMIA and…Continue Reading
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 Malaysiaâs digital infrastructure and prepare digital talent for various industries.
In a statement, the IT…Continue Reading