Sunday, September 27, 2020
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Short news to keep you up-to-date

Chief Secretary to the Government of Malaysia, YB Tan Sri Dr Ali Hamsa advised members of the business community, as well as government employees to embrace disruption. Speaking at the ASEAN Disruptive Leadership Summit 2018, Dr Hamsa said, "While disruption is something that is rather recent, Malaysia had already started...
By Malaysian Investment Development Authority (MIDA) Though automation may be thought of as a fairly modern phenomenon, the concept itself can be traced back to as early as 762 B.C. The term first appeared in the western literature of Homer’s The Iliad. But it was not until the Industrial Revolution...
DHL Express has launched its first passenger-to-freighter Airbus A330-300 in Malaysia at its Penang Gateway. The company is also hoping to deploy at least three more A330-300s as regional and global e-commerce volumes grow. Malaysia will be the first country in the world to operate the first of four A330-300s that...

Halal in the Technological Age

The tenets of halal are followed all across the globe by Muslims, who make up a quarter of the world’s population. Halal is more than just dietary laws: it is a way of life which provides guidance and certainty in today’s volatile, uncertain, complex, and ambiguous world. Today, the system...
By Wang Yanbo Entrepreneurs and the start-up ventures they launch are rightly seen as key drivers of technological change, economic growth and job creation. Consequently, efforts to spur entrepreneurship and widen the pool of entrepreneurs have become an increasingly prominent feature of government policies, university initiatives and privately-backed accelerator programs. Yet the...
Tetra Pak to develop paper straws for its portion-size carton packages Tetra Pak plans to launch the paper straw before the end of the year. This is part of a broader programme to help address the plastic straw wastage. The company has been working to encourage consumers to push straws “back in...
It is no big secret that Asians absolutely adore food. Therefore, it is not a big surprise either that most entrepreneurial Asians who wish to start their first business often gravitate towards the food industry. In all fairness, it might be quite accurate to say that every single person...
The BlackBerry KEY2 smartphone has debuted in Malaysia, as the successor to last year's KEYone model. Featuring an improved physical keyboard, a suite of privacy enhancements, and a dual rear camera, the BlackBerry KEY2 harks back to the iconic BlackBerry models of the past. Similarly, it is aimed at...
By Kashmira Chawak Let’s face it: it’s been a tough beginning to 2020. The rise in the number of COVID-19 cases is impacting most businesses - some sectors such as hospitality, travel and F&B more than others. While businesses brace themselves for potential ramifications of the imminent slowdown, SMEs are...
SMEs recorded a total of RM901,200 in sales at the Malaysian International Furniture Fair 2018 (MIFF) and Export Furniture Exhibition 2018 (EFE). Meanwhile manufacturers at MTC’s Export to Asia Pavilion chalked up sales of RM1.73 million. They were sponsored by the Malaysian Timber Council (MTC). Since 2015, MTC has sponsored special...
Venture capital may sound exotic to most SMEs. Most associate VC with successful startups like ride-hailing firm Grab or e-commerce giant Lazada, or with aggressive funds like the storied American VC firm Sequoia Capital. But how does one become a venture capitalist? Spend years earning their stripes in a consulting...

Thank You Is Not Enough

By Lim Kee Yeong “Thank you, please come again.” A courtesy in business commonly expressed upon completing a sale. This is undoubtedly a satisfying moment to any entrepreneur; what comes next is to search for or serve another customer and the process repeats itself. Depending on the nature of business...