Saturday, December 5, 2020
It is encouraging to note that Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz is committed to continue helping small and medium enterprises (SMEs) along their recovery path by accelerating the adoption of digitalisation under the upcoming Budget 2021. Many fiscal efforts have been put in place prior to...
The COVID-19 pandemic has impacted, disrupted and forced businesses to evolve the way it operates – pushing business owners to rethink their strategies and approaches to remain sustainable. Among other things, one such approach to adapt to the changing business ecosystem is a shift towards digital solutions, as people have...
On Singles Day in 2019, Alibaba’s sales broke US$12 billion in the first hour. Within an hour and a half, it exceeded its total Singles Day sales in 2016. A new gross merchandise value (GMV) record of RMB268.4 billion (US$38.38 billion) was ultimately set. This was equivalent to 2.3 times...
Article by Taylor Armerding, Senior Software Security Expert, at Synopsys Software Integrity Group The future of connected devices – some things about that future are pretty easy to predict. There will be more devices — billions more. As some experts started saying several years ago, the Internet of Things (IoT) is...
By Kawal Preet As we come to the end of the year, we enter the peak shipping season. This year, more than ever, many businesses will be hoping that a seasonal surge in demand will contribute to a broader business recovery. Against the backdrop of COVID-19, maintaining consistent operations has been...
Through the years, technological advancements in the medical device industry have emerged. The implementation of smart medical technology not only significantly increase surgery accuracy and efficiency, it also makes large medical devices less complicated and easier to use. Taiwan, an expert in machinery integration and automated production, is leading...
Across organizations from all industry verticals, an exciting wave of digitalisation is sweeping the business landscape. With the COVID-19 pandemic, going digital is now seen as an essential element to any organization, for the sake of business continuity and revenue growth. But more often than not, digitalisation can be a...
Affin Bank Berhad (“AFFINBANK” or “the Bank”) was again recognised for its Small and Medium Enterprise (“SME”) community development initiative at the Malaysia Technology Excellence Awards (“MTEA”) 2020 for the Mobile category in the Banking Industry, making this its second win consecutively. The recognition was awarded for the Bank’s latest...
Across most of the developed world, rapidly aging populations are an issue that governments have to deal with. Globally, the population aged 65 and over is growing faster than all other age groups. According to UN research, by 2050, one in six people in the world will be over...
Malaysia’s e-commerce phenomenon is nothing short of amazing. This is borne out in numbers – Malaysia’s RM18.9 billion (US$4.5 billion) e-commerce market is notable for its explosive growth. Research by JP Morgan forecasts a compound annual growth rate of 24 percent a year, driven by a high Internet penetration...
It is unfortunate that there are those who dismiss the differences between having a product-driven business and a customer-driven business. This is somewhat understandable as many tend to reason that businesses operate for the sole purpose of growth and profitability. However, there truly is a significant distinction between the two...
Commercial vehicles are a crucial part of business. In sectors like logistics and transport, they are invaluable. A key part of the commercial fleet is light goods vehicles (LGVs). These LGVs comprise the vans and pickup trucks you can see at all hours on the road. Suffice to say, such commercial...