AmBank and Maybank announce full compliance with BNM security measures

Both banks are taking similar steps to increase security
Banking apps on mobile will be the key to validate online transations

Maybank today announced that it has migrated to Secure2u for online banking services including bill payments and transactions involving DuitNow, FPX and IBG. This completes its implementation of measures to combat financial scams,…Continue Reading

PETRONAS FutureTech 3.0 shortlists 20 local Asia Pacific startups

Startups are from Malaysia, Singapore, India, Australia
Additional 5 startups from Petronas’ internal innovation programme

PETRONAS has announced the 20 startups from across the Asia Pacific selected to participate in the third edition of Petronas FutureTech intensive technology accelerator programme.
The 20 startups were selected from a pool of applicants representing Malaysia, Singapore, Indonesia, India,…Continue Reading

SC’s FIKRA ACE to Spur Islamic Fintech Innovation, Growth for ICM

The accelerator programme global call for applications starts today
It is organised in collaboration with the Malaysia Digital Economy Corporation (MDEC)

The Securities Commission Malaysia (SC) today announced the launch of FIKRA ACE. This fintech initiative aims to enhance the Islamic capital market (ICM) ecosystem by facilitating the development of Islamic fintech through…Continue Reading

Environmental Protection Expenditure report shows that Malaysia is alarmingly missing the forest for the trees

Loss of tree cover 2010-2021 has cost nation 4.99Gt of CO2 emissions
Carbon estimate from 2019 puts US$250bil price just to offset same amount

The Department of Statistics Malaysia (DOSM), last week, released the Environmental Protection Expenditure 2022 report (for reference year 2021). The report includes capital and operating expenditures for pollution management,…Continue Reading

iMotorbike Raises US.6mil in Series A Round

Operations in Malaysia and Vietnam on expansion path
Investments in technology and talent to drive growth

iMotorbike, today announced that it has raised RM12 million (US$2.6 million) in its Series A funding round led by Gobi Partners and Ondine Capital.
The funding round saw returning participation from Penjana Kapital, The Hive Southeast Asia, 500…Continue Reading

Maxis to provide TM with 4G and 2G domestic infrastructure

Maxis will provide 6,800 4G sites and 10,000 2G sites
Will increase Unifi Mobile’s population coverage to above 95%

TM will access Maxis’ 4G Multi Operator Core Network (MOCN) and 4G and 2G Domestic Roaming Services to enhance mobile connectivity. MOCN is a radio access network (RAN) sharing mechanism that allows different core networks…Continue Reading

Dzuleira Abu Bakar headed to aviation industry as CEO of regional airline SKS Airways, starts on 15 Sept

Described by SKS as transformative, purpose-driven leader with excellent track record
SKS leasing 10 Embraer E195-E2 single-aisle jets with operations from Subang Airport

SKS Airways announces the appointment of Dzuleira Abu Bakar as CEO following an extensive search process. Dzuleira will take over from the current acting CEO & Executive Director, Rohman Ahmad effective 15 September 2023. Rohman will…Continue Reading

Bridge Data Centres Expand Footprint At MRANTI Park

The expansion will add 48 MW to the  IT power capacity
In total, the BDC’s MY03 will provide a total IT power capacity of 64MW

Asia Pacific data centre solutions provider, Bridge Data Centres (BDC), has announced plans to expand its hyperscale data centre campus, MY03, located at MRANTI Park, Kuala Lumpur. This…Continue Reading