Sunday, October 24, 2021
AFFIN Bank Berhad recently won multiple awards during the Asian Banking & Finance Retail Banking Awards 2021. The triple win was attributed to the Bank’s financial inclusion product and initiatives such as AFFIN BANK's start-up banking proposition, AFFIN DUO credit card, and AFFINWRKFZ designed for SMEs. The Asian Banking &...
The F&B industry in Malaysia has been hit hard by the pandemic. Yet, the demand for F&B services is still intact. Having to adapt to the new normal has been the challenge for many F&B businesses. According to Statista, revenue in the Malaysian F&B industry is expected to show an...
Spurred by the toxicity of the daily sanitizing lifestyle, N&E Innovations Founder Didi Gan decided to take action. Her idea was simple; food waste will be used to create antibacterial reusable face masks, as well as non-toxic, alcohol-free sanitizers. Gan says her concerns for the well being of future generations...
Malaysia's local businesses remain pessimistic for their business condition in the third quarter of the year (3Q21) amid Covid resurgence nationwide. The Department of Statistics Malaysia (DOSM) said in its Business Tendency Report that the confidence indicator further dipped to -21.3 per cent in the reference quarter as against -3.1...
FoodBank.Digital, an initiative by Exabytes aims to help Malaysian families in need by providing food supplies. Within 4 days after the launch, the programme has received 6,146 applications nationwide and there are more coming. With over 1,500 applications daily, Foodbank.Digital is seeking individuals and corporations’ support in helping them to survive...
By Ong Kian Ming The Prime Minister announced yesterday that we will remain in Phase 1 of the Movement Control Order (MCO) 3.0 until the number of daily cases falls below 4000 cases per day. This means that dining-in will still not be allowed, non-essential retail shops will still not...
By Ong Kian Ming Since I made the offer for “pro bono” consultancy services yesterday, I have received calls from a brewery, a debt collection agency, a lawyer doing primarily property conveyancing and a part-time chilli farmer who works for an oil and gas company. Although I have not received any...
SME employees give their employers a thumbs up on trust and belief A survey conducted by SME Magazine in collaboration with Willis Towers Watson (WTW) has revealed that employees of small and medium enterprises (SMEs) in Malaysia believe in their employers, despite the challenges of COVID-19, a cooling global economy,...
Zhang Yiming built ByteDance Ltd into the world’s most valuable private company via a string of blockbuster apps like TikTok that challenged Facebook and other incumbents on their own turf. His latest target: Alibaba. The 38-year-old AI coding genius, searching for ByteDance’s next big act, has set his sights on...
When Microsoft's Bill Gates said in 1994 that "banking is necessary, banks are not", financiers and analysts alike dismissed the claims as the wild musings of an over-imaginative techie. Fast forward a few decades and that vision is fast becoming reality. Grab is one of the most dominant super apps in...
Banks are one of the engines of the modern economy, but the way they work is under threat. Tech-payment giants and digital currencies are revolutionizing how people use money. And this could have dramatic consequences far beyond banking. It could affect consumer privacy, government power, and the stability of the entire...
Tyson Foods Inc is launching plant-based hamburgers and sausages ahead of the summer grilling season, the company said on Monday, increasing competition for Beyond Meat as it releases an updated version of its own faux burger. Purveyors of plant-based meat are seeking to boost sales as COVID-19 vaccinations encourage more...

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