Several banks in Malaysia have been actively looking into Islamic digital banking. Compared to normal banking services, Islamic banking has been proven to be favorable among consumers not just in Malaysia, but globally as well. As such, Al Rajhi Bank Malaysia (ARBM), a wholly-owned subsidiary of the world’s largest Islamic bank by assets, Al Rajhi... Read more » Read more ›
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Digital Payment system BI-FAST supports a robust and competitive financial system Bank Indonesia and ACI implemented BI-FAST in less than nine months, making it one of the fastest countrywide implementations on record Roland Berger expects banks in the region to reduce the number of their branches by 18% by 2030. The reductions are forecast to... Read more » Read more ›
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Shein, the fast fashion retailer is reviving plans to list in New York this year. The founder of Shein is even considering a citizenship change in Singapore to overcome the foreign IPO obstacle set by the Chinese regulators. If the IPO really happens, it is the first big Chinese firm to list in the US... Read more » Read more ›
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It is widely known that Lunar New Year is China’s largest holiday — and also where major supply chains are affected by shipping firms shutting operations down. What is lesser-known however, is that this time around, some of them will be suspending their services and operations even earlier than before. This scenario could only mean... Read more » Read more ›
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Semiconductors are increasingly in demand globally. With chips being key components in most new gadgets, devices, and vehicles today, keeping the semiconductor supply chain undisrupted is a prerogative for organizations around the world. According to Deloitte’s 2022 semiconductor industry outlook, the global semiconductor chip industry is expected to reach US$600 billion in 2022. The report... Read more » Read more ›
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6G technology is the next big buzzword when it comes to connectivity. With the first commercial launches of 6G networks expected to happen towards the end of the decade, several countries have already begun research and development on 6G technology. China, which was the first country to launch the world’s first 6G satellite into space... Read more » Read more ›
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“Little Giants”, startups in strategically important sectors of interest to China, are poised to be the new frontline fighters of the Asian nation’s tech war with the US, replacing the behemoths that were the apple of China’s eye for the past few years. The title of “little giant” comes from a program by the Chinese... Read more » Read more ›
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Twitter will double its engineering and product headcount to over 100 staff by next year in its Singapore regional office. The technical hires include roles in engineering, data science, machine learning and product management. In 2021, Twitter announced a year-long partnership with the Government of Singapore that focuses on upskilling Singapore’s workforce Despite concerns of... Read more » Read more ›
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COVID-19 related phishing attacks have been making headlines around the world as many have found themselves falling victim to such scams. Whenever a new variant is reported, cybercriminals make the most of the opportunity to wreak havoc on victims since most of them will be curious to find the latest information and such. According to... Read more » Read more ›
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Globe is the first mobile operator in Asia to roll out innovative technology, contributing to environmental sustainability The cards are made of 100% recycled materials, including polystyrene waste from refrigerators and it was deployed last year Global “SIM Cards Market” Report 2021 predicted that the market revenue will reach US$4428 million in 2025 Globe Telecom... Read more » Read more ›
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The move marks Malaysia’s national car company’s first step in the local EV market. The smart electric vehicles to be distributed in Malaysia will be engineered by Geely with Mercedes in charge of the design. When it comes to adoption of electric vehicles (EVs), Malaysia has been pretty slow in the race as opposed to... Read more » Read more ›
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Keppel Data Centers (Keppel DC) has announced a collaboration with AsiaPac Technology. Partnership allows businesses to take full advantage of a secure hybrid multi-cloud framework from a variety of providers for greater agility and resiliency. Keppel Data Centre can enhance its suite of services to offer clients turnkey cloud implementation solutions. Businesses around the world... Read more » Read more ›
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As we enter 2022, all signs indicate hybrid working is here to stay. According to the Director of Google Workspace Asia Pacific, nearly 43% of people are finding themselves in a hybrid work arrangement vs. pre-pandemic days when 78% of people had zero remote workdays in the week. There’s no doubt that many are benefiting... Read more » Read more ›
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WeChat, the popular Chinese messaging application from Tencent has been accused of blocking access to Australian Prime Minister Scott Morrison’s account. The block has prompted accusations of Chinese interference from senior members of the Australian government. The account which was launched in February 2019 appears to have been replaced with one titled “Australian Chinese new... Read more » Read more ›
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Malaysia launched its latest financial sector blueprint for 2022-2026 earlier this morning at MyFintechWeek 2022. Held virtually, the event themed “Advancing Digitalisation for Recovery, Sustainability, and Inclusion” was hosted by Malaysia’s central bank, Bank Negara Malaysia. Implications of the blueprint are wide as it would be affecting both the financial and non-financial sectors, especially enterprises... Read more » Read more ›
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Following its recent string of EV deals with US startup Fisker Inc and Thailand’s energy group PTT PCL, the iPhone maker decided to seal another deal in Southeast Asia. An MoU was signed between Foxconn and Indonesia’s Ministry of Investment as well as Indonesia Battery Corporation, energy firm PT Indika Energy. Foxconn aims to build... Read more » Read more ›
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Improving ICT supply chain resilience and cybersecurity capabilities are ways for government and non-government stakeholders to minimize these risks. A supply chain attack is difficult to handle due to its malware design which stays hidden among the infected system and user’s device The current state of cybercriminal activity necessitates an urgent response by all stakeholders... Read more » Read more ›
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CIOs are increasingly taking ownership of more business outcomes and being held accountable for more boardroom priorities. The “everything-as-a-service” model is ideally the end game of the CIO Lenovo’s TruScale does it under a single, scalable, pay-as-you-grow solution. The role of the Chief Information Officer (CIO) continues to evolve with more technologies being brought into... Read more » Read more ›
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IDC reckons China is approximately three or four generations behind what is considered leading edge within the semiconductor industry. Despite heavy investments from China, the country still needs to gain access to both software as well as equipment needed to produce the high-end chips. Back in 2018, President Xi Jinping noted that “[China’s] dependence on... Read more » Read more ›
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SMEs can send and receive money in 10 currencies, and hold and manage those currencies by establishing a single banking relationship with HSBC Malaysia. With Global Wallet, the bank anticipates growth of 25% in the first year in its SME customer base. Small and Medium Enterprises in Malaysia can now pay and receive like a... Read more » Read more ›
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17.04.2026 17:01
Last update: 16:56 EDT.
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