Global ESG Monitor: Banks and insurance companies show progress in climate reporting

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  • Banks and insurance companies received a score of just under 50 %, which is substantially above the national average.
  • Financial institutions are aware of climate issues, but they do not provide in-depth monitoring.

Global ESG Monitor: Banks and insurance companies show progress in climate reporting

According to the most recent assessment from the Global ESG Monitor ( GEM) 2024, banks and insurance companies are reporting on climate issues but still need improvement. The study analysed the non-financial reporting of 194 companies, including 10 large insurers and 10 banks, with a focus on European Sustainability Reporting Standards ( ESRS ).

The financial industry, comprising banks and insurance companies, achieved only under 50 % of possible positions in reporting value, somewhat surpassing the total sample average of 45 %. This functionality both points to progress and highlights possible improvements.

Michael Diegelmann, co-founder of GEM and co-CEO of cometis, an IR and ESG firm, said,” Banks and insurance companies you tap into additional future-proof investment and profit opportunities in the long term through the stress they generate. They may also continue to raise the caliber of their reporting. There is still a lot of possible these, according to the best methods of the sector’s pioneers.

Financial institutions exhibit proper consciousness of pressing climate issues, according to the evaluation. They excelled in a number of ways, including demonstrating their devotion to the Paris Climate Agreement, making range emissions public, and presenting transition plans. However, there were significant gaps in the climate change reportage regarding endurance and the economic effects.

In resilience reporting, both sectors scored just under 60 % of points, outperforming the overall sample average of 38 %. But, endurance analyses were simply made available by about half of the nine major organizations, according to the European Central Bank. Companies only received 15 % of the possible points for reporting on the financial effects of climate change, which is mainly small.

Ariane Hofstetter, co-founder of GEM and committee member of cometis, emphasized the importance of open reporting:” Climate change is now causing huge costs today. Transparent monitoring is so important, because it is about more than just documented duty, but about the green transition of the market”.

The study also assessed ESRS compliance, where banks and insurers scored below 50 %. In light of their position as significant partners and stakeholders for a number of companies, this suggests that more open communication is required.

The International ESG Monitor, an impartial consider tank, has analysed over 1, 300 information from more than 500 firms globally since its foundation in 2020. Rules and criteria from numerous international requirements and frameworks are incorporated into its approach.

Click below to get the statement.

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Want to win the AI revolution? Study up on cybernetics – Asia Times

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Significant differences in attitudes toward artificial intelligence ( AI ) are found in advanced and developing economies, according to a recent study from Queensland University and KPMG. The difference between K-12 education and AI may be filled by teaching it as a subset of cybernetics. In a larger Business 4.0 environment, Cybernetics declassifies AI and situates it.

Artificial Knowledge raises some questions, mainly in the Western world. Does it kill work? Can it be abused and does it have ethical guidelines? Had AI eventually rule our lives?

Most people agree that AI will transform cultures, which raises another question: Why is AI not a compulsory subject in major knowledge? According to experts, 65 % of today’s students will work in occupations that have not yet been created.

No fresh, people are concerned about the impact of new technologies. Weavers in France and England ( Luddites ) opposed the development of tools like the spinning jenny in the 19th century. They feared that their art would be valued less by the machines. Blacksmiths who were experts in horseshoeing ( farriers ) in the US feared that automobiles would sabotage their jobs.

AI is used in a variety of professions, including stevedores and skilled individuals. Today’s kids are acquiring information that could be severely undervalued by AI when they are ready to enter the workplace. According to some experts, 65 % of today’s students will work in occupations that have not yet been created.

Not all students should learn computer password in order to prepare for a world where AI is increasingly important. Rather, students should be taught the foundational ( cybernetic ) principles underlying AI and the larger ( Industry 4.0) framework in which AI will be deployed.

Although the development of AI has altered how we perceive, evaluate, and interact with it, individuals is frequently struggle to comprehend its roots and ideas.

By integrating the principles of robotics into K-12 training, individuals gain a more solid basis in understanding AI concepts, their applications, and social implications. In today’s society, cognitive science is crucial for understanding and teaching AI, which established a comprehensive strategy to linear technology through the work of philosophers like Gottfried Leibniz, George Boole, and Claude Shannon.

The story of the nature of linear computing

One of the first frameworks to offer a clear view of technology and technology was cybernetics, which came into being. Rooted in the thoughts of Leibniz, Boole, and Shannon, robotics built a foundation based on the exploitation of linear information—essentially, people and zeros—that allowed for structured, natural processes.

Boole created Boolean algebra, a codified system that used natural operators, while Leibniz created a linear system for presenting complicated concepts in a streamlined format. Eventually, Shannon established the foundation for online computing by demonstrating how binary systems could be effectively used in electronic circuits.

Understanding this heritage provides kids with traditional context and a logical framework for comprehending computational processes in K-12 settings. By demonstrating how plain building blocks, such as logic gates, combine to create complex programs, the AI is rooted in binary-Boolean operations, which de-mystifies difficult concepts.

These thoughts likewise make AI’s” thinking” approach feel more substantial and less transparent. Rather than seeing AI as an almost magical knowledge, students may begin to understand AI as a method of organized rules, following the same reasoning that powers computers, and discover how AI decision-making builds upon these principles.

Cybernetics is not only about computing, it’s about control and feedback. The term originates from the Greek kybernetes, meaning” steersman” or “governor”, emphasizing the idea of systems regulating themselves based on input and feedback.

This principle has profound implications for AI and its applications, and it aligns well with how humans naturally learn—through observation, response, and adaptation. The three-step cybernetic process—plan, quantify, and steer—essentially describes a feedback loop where actions are monitored, measured, and adjusted based on the outcomes they produce.

This cycle is crucial for understanding how sophisticated systems “learn” and “fine” their responses.

In K-12 classrooms, students can apply this concept through practical exercises. Students could create simple robots that follow a line or avoid obstacles with sensor feedback, allowing them to observe cybernetic principles in action, for instance, in a robotics project.

These exercises can demonstrate how a system takes input ( like a sensor reading ), adjusts its path accordingly, and repeats the process. By understanding that AI, in essence, is a complex network of such feedback mechanisms, students gain insights into how AI operates, makes decisions, and even “learns” from past actions.

From the simplest machine learning algorithms to the more complex neural networks, feedback and regulation are essential to all types of intelligent systems.

By introducing students to cybernetics ‘ regulatory principles, educators can give students a practical understanding of AI’s structure—showing that AI is n’t an abstract black box but a systematic approach to receiving, analyzing, and responding to data.

Furthermore, this understanding can also help students critically examine the potential implications of autonomous systems and AI in real-world applications, leading to more informed and responsible use of technology.

Binary logic

Bridging the gap between abstract ideas and practical understanding is one of AI education’s biggest challenges. A basic knowledge of cybernetic principles, specifically binary-Boolean logic, makes AI far more accessible.

Binary-Boolean logic, which defines all computational processes in terms of “on” ( 1 ) and “off” ( 0 ) states, is not only foundational to computer science but is also at the core of AI. This logic governs everything from straightforward computer calculations to complex AI decision-making procedures.

When students understand how Boolean logic operates, they are better equipped to grasp how AI works, especially at its decision-making level. Boolean logic, for instance, allows students to visualize decision trees and straightforward machine learning models under the guidance of “if-then” statements used frequently in programming and AI.

Suppose K-12 educators introduce cybernetics ‘ binary-Boolean logic as a preliminary step. In that situation, students are more likely to comprehend why certain outcomes are reached in accordance with a set of rules and how AI makes decisions.

Furthermore, cybernetics provides students with a lens to view AI as a form of self-learning and self-regulating system. Just as a thermostat “learns” and adjusts temperature based on external conditions, AI systems can analyze data, adjust algorithms, and improve performance over time.

This self-improvement capability aligns closely with the feedback-based governance that cybernetics emphasizes, making cybernetics a natural foundation for AI concepts. When students see AI as a structured, logical process of regulation and adaptation, the mystique around AI fades, and they can approach the subject more confidently and curiously.

Industry 4.0

In teaching AI, cybernetics opens the door to a number of theoretical and practical advantages. First, it offers a structured approach that aligns with how students naturally learn—through planning, experimenting, and iterating. Students will likely not be intimidated by complex AI concepts because they view them as approachable and instead view AI as an extension of this well-known process.

Second, cybernetics lays the groundwork for understanding AI and related areas such as data science, robotics, and systems engineering. A foundation in cybernetics would lead to a deeper understanding of STEM fields because all of these fields depend on feedback mechanisms and binary logic.

Education can provide students with a coherent foundation for furthering their technical and engineering interests by starting with cybernetic principles.

Critical thinking and ethical awareness are promoted in an AI curriculum grounded in cybernetic principles. As students learn about AI through the lens of cybernetics, they are naturally encouraged to consider questions about feedback, autonomy, and responsibility.

For instance, if a system self-regulates, what are the limits of that regulation? What happens when AI systems make decisions with real-world consequences? By framing AI within cybernetics, educators can encourage a more thoughtful and morally grounded perspective on technology.

By delving into computational concepts, putting emphasis on regulatory feedback, and creating a binary-Boolean logic framework, cybernetics serves as the ideal framework for the introduction of AI in K-12 education. In addition to being a theoretical framework for the creation of AI, cybernetics is a practical and accessible method for understanding how intelligent systems operate.

By grounding AI education in cybernetic principles, students gain a logical, intuitive, and structured framework for understanding AI as a regulation, decision-making, and learning process. Cybernetics can help prepare young learners for the future of intelligent systems by enabling them to learn AI and foster a generation of technologically literate, ethical, and critical thinkers.

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Budget 2025: Falling short on economic dignity

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  • Capex products: What the government will choose to spend money on and what the state will get.
  • Unless SMEs become more successful, pay will stay low for most staff

Often, we hear of the mismatch in salary expectations of fresh job seekers and starting salaries. The sad truth is that 60.8% of fresh graduates earned RM2,000 or less in 2010, and by 2021 – a good 11 years later – starting salaries were still RM2,000 or less for 59.6% of fresh graduates.

Budget 2025: Falling short on economic dignityThe 2025 resources is full of opinions and observations. What else can I contribute to what has already been said, then?

Maybe a reminder of what a resources, beyond the great bright numbers, really ought to reflect.

The latest administration, which had already established its principles in the Malaysia Madani perspective, emphasize six fundamental principles: sustainability, prosperity, development, respect, trust, and compassion, is currently in transition. However, Malaysia Madani was an “effort to travel and reestablish Malaysia’s dignity and splendor,” according to Prime Minister Anwar Ibrahim right away. “.

Anwar’s next year in business, with this being his second expenditure as prime minister and finance minister, was just one month away from releasing the 2025 Budget. The budget’s central point should then be financial dignity, &nbsp.

The typical prevent most commentaries pick on is the minimal fiscal room, with never-ending treatments of what the government ought to do to lessen the imbalance.

Despite our best efforts, we should remember that opex, which is the government’s obligation to pay for its businesses, including salaries and pensions, may be decreased in the near future. No matter how much, these obligations may be paid for. Therefore, the only series items that are of genuine effect moving forward would be the budget items – what the state is choosing to spend on, and what the nation will experience in return.

Choice issues, and the decisions made by this administration should be measured against the key factor, which is respect.

restoring what really counts

Lasting income:

The average wage of the bottom 50% of wage earners only went up by RM56 annually between 2010-2019. Economically speaking, this is society clearly signaling a depreciation for human capital.

Only the best 30 % of homeowners spend on ambitious goods and services, according to a recent statement from Khazanah Research Institute. If 70 % of us are merely trying to survive day by day, we may have a successful business.

Typically, we hear of the imbalance in earnings expectations of new job seekers and starting salaries. The sad truth is that 59.6 % of new graduates ‘ starting salaries were still RM2, 000 or less in 2010 and that 60.8 % of them earned less than that in 2021, which is still reasonably optimistic. Employers ( Okay, boomers ): are quick to point out that Gen Z are merely being impossible.

However, when inflation and living expenses are taken into account, we are basically telling our younger generation that they are for about half what they were in the previous century. Another depressing statistic is that between 2010 and 2019, the average salary for the lower 50 % of wage earners only increased by RM56 yearly. Financially speaking, this is community plainly signaling a loss for human funds.

The government attempts to control this by establishing a minimum wage, which is proposed in Budget 2025 to be increased to RM1, 700 per month starting on February 1st, 2025. Although RM1 700 is still far below what is considered to be a respectable wage, employers are now retaliating, as is expected.

]RM1 = US$ 0.227]

Most commentators fail to take into account the fact that pushing for higher wages is eventually hurt labor by encouraging companies to automate tasks that were previously performed by low-skilled workers ( For more information, see Alesina et al. Chu et al. ( 2018 ) ( 2020 ), Eckardt and Steffen ( 2021 ).

The state will need to reinvest yet more money in replacing the employees who have been replaced, which is a complex cycle. Although this should not serve as a cause for people to remain in low-skilled jobs, it does reduce the options for government legislation.

On the flip side, one should also consider if companies are only penny-pinching. According to data from the Department of Statistics Malaysia’s 2023 database, a fairer view may suggest that 96.9 % of our business organizations are unable to get much-needed capital.

Consider the fact that, according to Bank Negara Malaysia’s Monthly Highlights &amp, Statistics release, there were RM5.98 billion in mortgage programs for the manufacturing industry overall in September 2024. That is a RM2 billion gap in needed cash in just one month. It follows a similar style across various industries and through time.

This is in line with the rise in alternative fundraising ( i .e., peer-to-peer lending, equity crowdfunding, and venture capital ), which was valued at RM3.8 billion in 2023. The Securities Commission views this as a good, and rightfully so, but let’s also make sure we understand that these are RM3.8 billion worth of required funds that our businesses were never willing to fund.

The danger that lenders were unwilling to bear for P2P borrowing has now been transferred to the individual investors, who typically fall into the upper middle class and are above that level. Since P2P’s inception in Malaysia in 2017, regular people have provided SMEs with RM5.96 billion in total, with 98 % of the loans being working capital, compared to 2 % for business expansion. This may be no comfort if you are struggling with your pay test, but odds are your company is struggling also.

In summary, most of our workers wo n’t make much money unless our SMEs gain access to more capital and become more productive. Other than the request to restore small and medium banks, the budget specifically addresses these issues. The online banks may possibly fill these gaps, as several of them have announced the oncoming release of their company bank solutions specifically for SMEs.

Unsustainable family debts

The finance ministry is n’t all that worried, though, as our household debts totaled RM1.57 trillion as of June 2024, which is about 83.8 % of GDP. Countries like Australia, South Korea and Canada have household bills that exceed 100 % of GDP. However, no all debts are created equal.

Debts can be used as leverage to increase money for high-wage workers. With more Malaysians taking on next work, debt is good being used to finance fundamental needs. The funds grants additional cash assistance through the BUDI MADANI software despite numerous attempts to address this problem. One of a long series of overlapping social welfare programs, including those led by multiple functions, is this one. The best-case situation is these programmes provide some inhaling room but only a big programme like a Universal Basic Income can help restore the economic disparity within our society.

Given that our debt to GDP is now close to the self-imposed cap, the cost of funding for a program may be lower. I can just quote John Maynard Keynes ‘ wise statement,” Anything we can do, we may afford.”

Tax as an opportunity opposed duty as a sentence

Economics has a well-known proverb that says you get less from what you income. The idea is based on the idea that some activities can be dissuaded by income. By imposing levies on certain activities or goods, the government properly increases their charge, making them less appealing to individuals and businesses.

  1. Respect at work

Consider the proposal to provide a tax incentive for employers who adopt flexible working arrangements. Employees are clear that they strongly prefer flexible work arrangements. However, the findings are inconsistent. This is the a-wine-a-day research conundrum, in my opinion. For every research that says a glass of wine is good for you, you will be able to find another research that says otherwise. There are so many more benefits to providing a flexible work arrangement by default than just offering an office maintenance fee, the cost of commuter work, and the time and cost savings saved by parents with care-giving responsibilities. Instead of paying taxes on the ( few ) that choose to offer these incentives, the government should tax those who do n’t.

  1. Increasing productivity by maximising our human capital

Additionally, imposing a tax penalty will help with hiring women to work again. We should tax bad behavior rather than encourage good behavior. Not hiring a person because she has not worked for a certain period and has a gap in her resume is discrimination. Another issue is the specific tax incentive that applies to software costs when “implementing flexible work arrangements” is implemented. The government should n’t encourage remote employee monitoring with intrusive software.

  1. Carbon tax

The carbon tax’s introduction is both opportune and welcomed. With the introduction of the EU Carbon Border Adjustment Mechanism ( CBAM ), particularly for our steel industry, carbon taxes will be a burden on us in some way or another.

If we are going to have to pay, we might as well collect it ourselves. It is proposed that the proceeds from this carbon tax will support the development of decarbonization research. Without any information on the tax rate, it is impossible to predict the amount of revenue this will generate. Singapore imposes a carbon tax of SG$ 25/tCO2e currently, but started off at just SG$ 5/tCO2e. If we introduce a rate of RM5/tCO2e ( which is incredibly low ), the energy sector will receive about RM1.4 billion in tax revenue based on emissions from 2022.

The Federation of Malaysian Manufacturers ( FMM) has already expressed concern about the potential rise in electricity tariffs, but more details on the carbon tax should be forthcoming. &nbsp,

I do n’t understand how energy producers can absorb this without passing some of it on to consumers, given that 81 % of our electricity still comes from fossil fuel sources. Given that our energy mix is so low in carbon, there may be a carbon tax that can be levied at the production, distribution, or consumption stages.

Other areas worth mentioning

The Budget 2025 participants in the EV infrastructure industry probably feel a little underwhelmed. Other than the announcement of a sub-RM100k EV, there was no mention at all on further incentives for building out our EV charging infrastructure.

  1. Charge Point Operators experience no love.

The Budget 2025 participants in the EV infrastructure industry probably feel a little underwhelmed. Other than the announcement of a sub-RM100k EV, there was no mention at all on further incentives for building out our EV charging infrastructure.

I’ve previously covered the industry gripes, but my colleagues have a different perspective. A transition to electric vehicles is almost unavoidable, it is safe to say. That being so, we should be able to anticipate that all these vehicles need to be charged while idle ( i. e. overnight, while parked ), and not during transit.

I doubt any of these players will realize a return on their investments due to the rush to construct EV chargers along highways and in public spaces. Most people do n’t seem to understand this, but imagine a time when all EVs will be used in cars. Everyone is going to expect that they can charge their vehicles overnight, the same way we charge our phones and laptops to have it ready to go again the next day.

The main issue will be having enough energy capacity to charge millions of cars overnight, despite the fact that we can outfit every parking bay in every condominium and apartment building in the nation. Energy production and grid capacity are both at issue, not charging-pillar issues.

Ecological fiscal transfer gets a boost

    Half of the Ecological Fiscal Transfer Fund allocation - RM125 million- will be contingent on the performance of state government expenditures related to environmental preservation.

    The Ecological Fiscal Transfer Fund is proposed to increase from RM200 million to RM250 million, which is a 25 % increase, in Budget 2025. This boost is intended to aid state initiatives to protect wildlife and forests. Half of the allocation ( RM125 million ) will be contingent on the performance of state government expenditures related to environmental preservation. Additionally, the Orang Asli community received RM80 million to train and hire 2,500 forest rangers. a positive move.

    Overall, I feel the government is attempting to be bold but is doing it in liberal doses. Will this budget encourage everyone’s economic dignity and help them hit the reset button? Not entirely. In fact, I think many people will have further concerns on how the subsidy rationalisation will affect them, partly self-inflicted by announcements of the plan, without the actual plan itself in place.

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    Sunway iLabs-Jetro partnership secured US.2 mil for Japanese startup global expansion 

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    • Both events have accelerated 30 companies &amp, launched 15 captain projects&nbsp,
    • Through Sunway City Kuala Lumpur, a partnership connects Chinese startups to SEA.

    Sunway iLabs-Jetro partnership secured US$2.2 mil for Japanese startup global expansion 

    Five years of cooperation between Sunway iLabs and the Japan External Trade Organization ( Jetro ) Kuala Lumpur have fueled cross-border innovation and strengthened the startup ecosystem in Malaysia and Japan.

    Both parties stated in a speech that Sunway City Kuala Lumpur’s attractive ecosystem serves as a launcher for entry into the South Eastern market by this long-standing alliance, which has brought up leading Chinese startups and scale-ups in modern transformation and sustainability.

    The partnership has achieved notable milestones, including accelerating 30 startups, launching 15 pilot projects, and securing over US$ 2.2 million ( RM10 million ) in funding for technology localisation, development, and commercialisation in Malaysia and beyond.

    Sunway iLabs-Jetro partnership secured US$2.2 mil for Japanese startup global expansion According to Matt van Leeuwen, CEO of Sunway iLabs and general development officer of Sunway Group,” Innovation and sustainable development are in Sunway Group’s DNA. That’s how Sunway transformed an abandoned tin-mining area into Malaysia’s second incorporated bright and lasting city, Sunway City Kuala Lumpur, where collaborations have led our partnership journey.”

    ” 2024 marks a major step with Jetro as we celebrate five decades of association. Collectively, we’ve fuelled cross-border development, helped businesses thrive, and witnessed effect across several sectors”, van Leeuwen added.

    However, Koichi Takano, managing chairman of Jetro Kuala Lumpur, commented,” Our relationship with Sunway iLabs has enabled Chinese companies to explore the Malay business. It also facilitates information exchange, pilot tasks, and long-term cooperation, advancing important targets like green transition and net-zero target”.

    Toybox Creations and Technology Sdn Bhd ( Toy Eight ), an AI-driven edtech startup that established its Malaysian business presence in 2020, expanded into neighboring nations, and won the Best Startup at the 2024 One Asean Startup Award, is a notable student of the Sunway-Jetro Accelerator.

    In collaboration with Sunway Group and its partners, the Sunway iLabs–Jetro Green Transformation Accelerator ( GXA ) Programme focuses on sustainability and provides startups with an immersive platform within the Malaysian business ecosystem.

    The program was renamed in response to its move toward green technology and commitment to Malaysia’s net-zero goal by 2050. It was previously known as the Digital Transformation Accelerator ( DXA ).

    Five vetted startups with specialized conservation knowledge just completed the second GXA large and are now working on pilot projects in Malaysia. These include:

      Ocean Eyes: This business enhances fishing performance with its” Fishing Navi” B2B SaaS, which provides Fish Earth and Sea Condition projections. Learn more here: https ://oceaneyes.co.jp/en/home-2

    • Innoqua: Using AI/IoT, Innoqua recreates coastal communities on land to help types duplication and research, such as studying repellent effects on coral. Learn more here: http ://corp.innoqua .jp/en
    • Godot: The AI-driven platform of Godot helps identify behavioral gaps that promote green growth and innovation in healthcare. Learn more here: https ://godot.inc/en/
    • PNH ( AirX Coffee ): AirX Coffee produces bioplastics from coffee grounds, reducing plastic pollution. Biochar is produced effectively for fertiliser and clean energy thanks to the CarboneX initiative. Learn more here: https ://airxcoffee .jp/en/, https ://upcycletech .jp/en/top-en/
    • PtBio: PtBio addresses social issues through genome analysis and enhancement of organism functionality. Learn more here: https ://www.pt-bio.com/en

    The GXA programme attracted Sunway Group’s business units and corporate partners, including private and government-linked companies, all committed to green transformation. Malaysia’s government organizations, including the Selangor Information Technology and Digital Economy Corporation ( SIDEc ), and the Malaysia Research Accelerator for Technology & Innovation ( Mranti). At the Selangor Smart City &amp, Digital Economy Convention at KLCC on October 17, 2024, the five startups pitched and networked.

    Through its Greater KL Live Lab initiatives, with which Sunway iLabs has been a key partner since 2019, InvestKL has assisted Japanese startups in advising them on how to start a business in Malaysia.

    After five impactful years, Sunway iLabs and Jetro Kuala Lumpur stated that they remain committed to advancing innovation, sustainability, and cross-border growth.

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    TM Global expands data centres in Cyberjaya and Johor to strengthen nation’s digital transformation 

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    • Scheduled for 2025, the 2nd stage will put a combined IT weight of&nbsp, 20MW
    • The expansion may be compliant with LEED Silver and Tier III criteria set forth by Uptime Institute.

    TM Global expands data centres in Cyberjaya and Johor to strengthen nation’s digital transformation 

    To meet the growing demand for domestic and international data hosting services, TM Global, the company’s wholesale business arm, will expand its KVDCs in Cyberjaya and Iskandar Puteri Data Center ( IPDC ) in Johor.

    The company stated in a speech that this is the start of TM’s strategic plan to develop its system ecosystem and make Malaysia a desired online gateway in Southeast Asia, keeping with its 2030 goal to become a Digital Powerhouse. These developments, along with TM’s collaboration with Nxera to develop a novel, hyperconnected, AI-ready information center, lay the foundation for online services such as fog, advanced analytics, unnatural intelligence, and the Internet of Things.

    The second phase of both KVDC and IPDC will have a combined IT weight of about 20MW when business activities are scheduled for 2025. The expansion will meet Uptime Institute’s Tier-II I standards and the Leadership in Energy and Environmental Design ( LEED ) Silver rating for long-term sustainability, a globally recognised green building certification.

    Khairul Liza Ibrahim ( pic ), TM Global’s executive vice president, said,” KVDC and IPDC are integral infrastructures in Malaysia’s digital ecosystem, serving as international gateways and interconnected points to support 5G networks. This next phase of our data centre development will have lasting designs, boosting our capacity to support hyperscalers, OTT players, fog and next-generation AI providers, as well as enterprises”.

    TM Global claims that its information centers are complemented by seven provincial Edge Facilities spread out across the nation. These help high-performance processing and co-location services, bringing material closer to end-users with little latency.

    With the recent merger of the Facilities-Based Operator license in Singapore, which enables us to offer smooth, secure data center-to-data center connectivity through our extensive local fiber optic network and global submarine cable systems,” we have more enhanced our data hosting services.” This enables us to meet the growing communication needs across the area, linking info areas from Thailand to Malaysia, Singapore, and Batam in Indonesia”, Khairul Liza emphasised.

    TM Global offers a complete set of platform-based companies, including Multi-Edge Computing and Content Delivery, to enhance data hosting options. These companies are tailored to optimise performance and efficiency, ensuring a solid and dependable data-driven system for consumers. &nbsp,

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    Ant International launches sustainability scorecard for MSMEs

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    • GCash to captain effort, with Gprnt serving as it partner
    • seeks to assist MSMEs in monitoring social and environmental effects

    Ant International launches sustainability scorecard for MSMEs

    Ant International, in collaboration with industry partners, has announced the development of the MSME Sustainability Impact Scorecard ( MSME S-Card ), a digital solution designed to help Micro, Small, and Medium Enterprises ( MSMEs ) in Asia track their environmental and social impact.

    The MSME S-Card is a component of Ant International’s Programme Sirius, which was launched in March 2024 to assist MSMEs in moving toward conservation. To establish solid ESG qualifications and unlock fresh economic opportunities, the scorecard aims to offer a refined electronic solution to MSMEs.

    Leiming Chen, chief sustainability officer at Ant International, stated,” We hope that the MSME S-Card, the second initiative under Programme Sirius, will provide a benchmark for MSMEs and financial institutions to work together to support MSMEs ‘ sustainability journey, enabling them to lead to a shared vision for a better future while gaining practical benefits from green payments, ESG reporting, and natural financing”.

    Gprnt, a online program for ESG monitoring and data, will serve as the tech partner for the effort. The start of the MSME S-Card, which coincides with Gprnt’s release of its own integrated Reporting and Marketplace equipment, which are designed to connect businesses to an ecosystem of solutions to support their funding and decarbonization needs, could not have come at a better time, according to Lionel Wong, executive producer of Gprnt.

    GCash, a digital finance platform from the Philippines, will be the pilot participant for the MSME S-Card. According to Winsley Bangit, VP for New Businesses at GCash,” MSMEs will benefit from GCash’s partnerships with global leaders like Ant International, promoting responsible growth in line with GCash’s goal to uplift Filipinos ‘ everyday lives,” “GCash’s partnerships with global leaders such as Ant International will help enable MSMEs to access both capital and practical support.”

    The initiative aims to address several issues that MSMEs face when adopting sustainable practices, including the insufficient knowledge of ESG practices, limited resources for sustainability initiatives, and limited supply of customized financial products for smaller businesses.

    MSMEs can report and transform information using the MSME S-Card using digital platforms. The scorecard provides MSMEs with actionable insights to align with sustainability standards and strengthen their ESG credibility by integrating ESG metrics in a streamlined and digital manner.

    Next year’s GCash pilot project is anticipated to launch, with additional customization of the Philippines ‘ scorecard benchmarks based on local needs.

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    Collektr secures US.3mil in pre-series A funding led by AC Ventures Malaysia

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    • Set to grow throughout Asia and transform the souvenirs industry.
    • The Hive Southeast Asia, Creador Foundation &amp, 18 god owners take piece

    Collektr said it has achieved strong growth, surpassing over 10,000 monthly active users.

    Collektr, the first and premier livestream collectibles platform in the Asia-Pacific ( APAC ) region, has secured its pre-Series A funding round, bringing its total investment to US$ 1.3 million ( RM5.74 million ) to date. With its goal to change the collectibles marketplace across APAC, Collektr‘s modern role in the growing livestream commerce sector is highlighted by the investment.

    Led by AC Ventures Malaysia, this square also saw contribution from The Hive Southeast Asia, Creador Foundation, and 18 popular angel investors, including seasoned managers and owners from different companies.

    Building on the speed of Collektr’s plant large led by First Move, the new investment may fuel Collektr’s progress across the APAC area.

    ” We are honoured by the trust our investors have placed in Collektr’s vision to spearhead the future of collectibles and livestream commerce”, said Adlin Yusman ( pic, below ), CEO of Collektr. This funding enables us to expand rapidly throughout the APAC area, starting with Singapore, while also continuing to provide collectors with a powerful and stable platform. We invite regional businesses and retailers to meet us in creating a radiant ecosystem where enthusiasts can discover, link, and indulge their passions through creative livestream auctions.

    Adlin Yusman making his pitch at the MDEC organised, Level Up Play in KL.

    Ng Yi Chung ( pic ), Partner at AC Ventures Malaysia said,” Livestream commerce is a multi-billion industry that is growing rapidly. Collektr’s daring, revolutionary approach with the ability to perform live-bidding has really revolutionized how to delight and excite customers.Collektr secures US$1.3mil in pre-series A funding led by AC Ventures Malaysiacaptured the interest of regional buyers. We think they are heading in the right direction to fundamentally alter the world of souvenirs and live-streaming. This investment is n’t just about fueling growth, it’s about backing Collektr to take risks, break the mould, and set a new standard for online auctions and marketplaces”.

    Since its album in April 2023, Collektr claims it has emerged as APAC’s top video app for items. It offers over 100, 000 special, authorized products from a fast growing community of trusted dealers across high-demand groups like Trading Card Games, Comics, Sneakers, Handbags, and Art. Collektr’s commitment to quality, accountability, and safety sets it apart in the industry, with a thorough screening process for every seller and a strong dispute resolution system that ensures trust in every transaction.

    Collektr reported that its growth rate exceeded the engagement metrics used by traditional e-commerce startups, surpassing over 10,000 monthly active users, and exceeded those of Collektr. Its expanding seller base and user loyalty strengthen its position as the market’s leader in an ever-evolving market, while its dynamic approach to livestream commerce has made it the go-to destination for collectors. It is actively seeking strategic partnerships with sellers, merchants, and collaborators to enrich its marketplace with exclusive, rare, and unique items.

    The startup is working hard to create a safe, entertaining, and rewarding marketplace for all by creating a vibrant collector community across APAC and invites sellers and potential partners from across APAC and beyond to participate in its journey.

    Adlin (4th from left) with the Collektr team. Co-founder Saida Azizi is 2nd from right.

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    Unifi Business, TNG Digital announce collaboration to accelerate 5G adoption among MSMEs 

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    • Partnership provides tools and connectivity for MSMEs to live in the modern economy.
    • Unifi may provide high-speed, low-latency 5G for increased communication, payment

    Left to Right: Mohamad Yusman Ammeran, VP Unifi Business, Kelvin Lee Tsuan Chin, general manager for Fixed Mobile Convergence Unifi, Mohd Hanif Bin Mat Nor, manager, Commercial Marketing, TNG Digital and Freddie Lee, head of Merchant Services TNG Digital, during the MoU Signing

    Unifi Business and TNG Digital have made an announcement to help Malaysian micro, small, and medium e-wallet ( MSMEs ) adopt 5G more quickly and effectively. Over one million Enterprises across the country will be able to access UNI5G Postpaid Biz and Touch’n Get app Soundbox deals through in-app press and Vodafone stores as a result of this partnership.

    Unifi Business did give high-speed, low-latency 5G communication, enhancing both communication and electronic payments for businesses through its UNI5G Postpaid Biz solutions, 5G-enabled devices, and the Touch ‘ n Get eWallet Soundbox. These services are in line with TM’s strategy of becoming a modern superstar by 2030, which will advance MSMEs in the modern economy.

    The relationship was formalised with an MoU signed by Kelvin Lee, Unifi’s general manager for Fixed Mobile Convergence, and Emilio Sta Maria, TNG Digital’s brain of Loyalty &amp, Engagement. The occasion was witnessed by Mohamad Yusman Ammeran, Unifi Business ‘ vice president and Freddie Lee, TNG Digital’s brain of Merchant Services.

    Shanti Jusnita Johari, Unifi’s chief commercial agent, stated:” As the preferred online companion to MSMEs statewide, Unifi Business empowers them with innovative communication and modern solutions. The inclusion of UNI5G Biz and TNG Digital’s app Soundbox creates a 5G mobile and eWallet package, improving accessibility and electronic payments for a better client experience.

    ” In addition to digital repayments, UNI5G Biz capabilities our collection of offerings, from online marketing to cloud storage, retail Hub and security. Unifi Business is also certified to offer the government’s Geran Digital PMKS Madani ( GDPM), making these solutions available to MSMEs of all sizes. Through our global connection, qualified consultants, and leading support, Unifi Business continues to raise MSMEs in the nation’s online economy”, she added.

    Touch ‘ n Go eWallet Soundbox has become an important merchant tool, offering quick words alerts for payments, adding protection against pay scams, and supporting real-time notifications. Starting at US$ 2.28 ( RM10 ) per month, merchants benefit from fraud protection and secure connectivity through Unifi’s UNI5G integration, enabling seamless operations from any location.

    ” At TNG Digital, we are committed to enhancing the business operations of our merchants, by empowering businesses with seamless, secure, and reliable cashless solutions. By integrating Unifi’s advanced UNI5G capabilities into our Touch ‘ n Go eWallet Soundbox, we are not only enhancing the way merchants manage their transactions, but also reinforcing our commitment to driving innovation and financial inclusivity”, Alan Ni, CEO of TNG Digital. &nbsp,

    He added that this partnership protects merchants of the company from payment scams by ensuring that MSMEs, including MSMEs, have access to essential tools and connectivity to thrive in the digital economy.

    New and existing Unifi Business and TNG Digital customers will have access to the following offers:

    • Bundled Unifi Business Fibre 300Mbps and UNI5G Postpaid Biz 65 plans for only US$ 45 ( RM199 ) a month
    • Free 5G-enabled device bundles from US$ 11 ( RM49 ) a month
    • Special Unifi Business and TNG Digital’s eWallet Soundbox bundles, including:

    a ) WiFi only without UNI5G SIM card for only US$ 50.20 ( RM220 ) (originally priced at US$ 59 ( RM260 ) )

    b ) WiFi with UNI5G SIM card for only US$ 68 ( RM300 ) (originally priced at US$ 77.50 ( RM340 ) )

    • The largest business networking and knowledge hub for MSMEs in Malaysia, the Unifi Business Club, is a member-only organization with exclusive access to the Unifi Business Club.

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    Kakitangan.com, INTI International University & Colleges partner to empower SMEs through upskilling and reskilling initiatives 

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    • Both functions may work together to help SMEs increase and reskill their workplace.
    • Collaboration supports the govt’s visit to improve workplace knowledge profitability

    Zetty Shazlin, marketing manager of Kakitangan.com, Effon Khoo, co-founder and CEO of Kakitangan.com, Professor Dr. Shamsul Nahar Abdullah, iInterim pro vice-chancellor of Academic Operations, INTI International University and Naomi Yang, assistant vice president (Career Services), INTI International University & Colleges)

    Leading Indonesian software for individual tool options, Kakitangan.com, has announced a collaboration with INTI International University &amp, Colleges to provide important coaching programs for Malaysian SMEs. This partnership responds to the president’s request for better workplace skills in order to remain competitive on a global scale.

    Under the Memorandum of Understanding, Kakitangan.com and INTI may share resources to teach SMEs on the importance of upskilling and reskilling their workforce, mostly targeting SMEs that may not have previously had access to university-level education.

    With over a decade of experience in HR and payroll, and a user base exceeding 150, 000, Kakitangan.com stated that it is well-positioned to address the unique needs of SMEs, tailoring training programmes to support the specific challenges of Malaysian businesses.

    Founded in 1986, INTI stands among Malaysia’s top educational institutions, attracting students from over 100 countries and earning recognition as a QS Rising Star. INTI quickly rose to prominence and is now a preferred destination for international students. It was first ranked in the QS World University Rankings in 2024.

    ” We’re excited to partner with INTI, an institution renowned for its quality courses. This partnership will give SMEs the training they need to strengthen their workforce and advance their businesses, according to Effon Khoo, CEO of Kakitangan.com.

    ” The partnership aligns with Kakitangan.com’s mission to strengthen national competitiveness in an evolving global market, echoing the government’s focus on workforce development”, he added.

    Professor Dr. Shamsul Nahar Abdullah, interim pro vice-chancellor of academic operations at INTI, highlighted the partnership’s transformative impact, noting that such collaborations go beyond traditional models to inspire growth and reshape the future of work and education. He claimed that the practical exposure students will receive from Kakitangan.com will advance their understanding of the workforce and digital landscapes.

    INTI shares Kakitangan.com’s commitment to enhancing students ‘ industrial exposure and practical learning. ” Partnerships are the backbone of progress. When institutions like INTI and innovative platforms like Kakitangan.com join forces, it goes beyond collaboration—it’s about opening doors, inspiring growth, and shaping the future of work and education together”, Professor Dr. Shamsul added.

    ” This hands-on exposure with Kakitangan.com is set to deepen students ‘ understanding of digital solutions and workforce management”, he said.

    Kakitangan.com users will also benefit from INTI’s resources, including complimentary access to select high-quality training courses. ” We are committed to supporting Kakitangan.com’s growth”, Dr. Shamsul added, noting that INTI will offer professional development resources, such as free i-MOOC training, micro-credential courses, and tailored workshops. These opportunities are intended to enhance the professional and technical abilities of both Kakitangan.com’s employees and users.

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    Bizcap announces plans for Singapore expansion, appoints Joseph Lim as Asia managing partner to drive SME growth

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    • selects Lim to lay the groundwork for Bizcap’s expansion throughout Asia.
    • Provides SME funding from US$ 3, 780- US$ 378, 000 with certifications in time

    Bizcap announces plans for Singapore expansion, appoints Joseph Lim as Asia managing partner to drive SME growth

    Bizcap, an Australia-headquartered finance chief in strong and flexible business financing across Australia, New Zealand, and the U. K., has announced its development plans into Singapore, along with the visit of Joseph Lim as Asia managing partner.

    The company announced its development into Singapore in Q1 2025 to address a crucial difference in the SME financing landscape, namely the difficulty of getting quick and flexible funding. It was noted that many of Singapore’s 300, 000 SMEs struggle to obtain conventional financing, frequently due to a weak financial track record or limited security. The Singapore Department of Statistics highlighted&nbsp, that just 27 % of SMEs in Singapore are able to secure bank funding, while 40 % rely on personal savings or money from family and friends.

    According to Bizcap, it provides financing solutions ranging from US$ 3, 780 ( RM16, 500 ) to US$ 378, 000 ( RM1.6 million ), with approvals within hours, no upfront credit checks, a low documentation process, and fund disbursement within 24 hours. This strategy helps businesses get access to proper funds to meet urgent needs in an exceedingly digitalized market in response to the growing demand for alternative financing.

    ]RM1 = US$ 0.227]

    To guide this fresh venture, the firm has appointed Joseph Lim as Asia managing companion. He has been instrumental in generating US$ 50-$ 70 million periodically and has led stream and strong distribution groups of over 120 people across APAC with over 13 years of experience in financial services and a proven track record of driving progress in competitive markets. Also, Lim played a key role in significant transactions, including the purchase of OneSource to Dunn &amp, Bradstreet Australia ( now’ illion’ ) in 2016 and the acquisition of the Zip Business product reserve in 2023.

    Lim will be central in Bizcap’s expansion, working closely with advisers, lenders, and referral partners to establish a strong foundation for the company’s growth across Asia. He will concentrate on fostering strategic partnerships, overseeing market entry initiatives, and ensuring local market requirements are met in a way that supports regional growth.

    ” Lim’s appointment marks a key milestone in our international growth strategy”, said Abraham White, co-CEO of Bizcap. His deep financial services background and a passion for innovation will be essential as we fulfill our promise to provide SMEs in the region with quick, trustworthy funding. We anticipate that the Singapore market will be a successful first entry point for Bizcap into Asia.

    With an estimated GDP growth forecast of 2.6 % in 2024, SMEs are showing increased optimism as they pursue growth and expansion opportunities, driving demand for quick, flexible funding options to fuel development, hire skilled labour, and invest in equipment. Bizcap will focus on supporting SME growth in sectors such as wholesale, retail, manufacturing, professional services, construction, and hospitality.

    Among the key characteristics of Bizcap’s financing solutions for Singapore-based SMEs are:

      Fast Processing: Approvals are processed within hours, with funds typically dispersed within 24 hours, enabling SMEs to capitalise on urgent business opportunities in Singapore’s competitive sectors.

    • Flexible Standards: Bizcap tailors its lending strategy based on each SME’s unique circumstances, enabling businesses that might not adhere to stringent traditional standards to obtain the funding they need.
    • Low-Documentation Requirements: By minimising paperwork and upfront requirements, Bizcap’s streamlined application process removes common administrative barriers, making access to funds quicker and simpler for SMEs.
    • Transparency: With clear, straightforward terms and no hidden fees, Bizcap provides SMEs the ability to make informed financial decisions.

    Since its founding in 2019, Bizcap has provided over$ 1 billion in funding to more than 25, 000 SMEs across Australia, New Zealand, and the U. K.

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