- Bursa reveals BURSASUSTAIN, one-stop centre for corporate governance info
- DHL Express invests RM11 million to build Southern Malaysia Gateway in Johor
- Westports expects container volume to attain organic growth
- Leading FinTech Accelerator SuperCharger opens up second Malaysia programme to international startups
- Asia-Pacific countries identify Fintech Initiatives at ECOSOC Forum
- Shenzhen police can now identify drivers using facial recognition surveillance cameras
- Seven-Eleven to launch 24-hour automatic ‘minpaku’ check-in service in Japan
Bursa reveals BURSASUSTAIN, one-stop centre for corporate governance info
Bursa Malaysia has launched BURSASUSTAIN, a comprehensive online portal designed as a one-stop knowledge and information hub on corporate governance (CG) and sustainability. BURSASUSTAIN was developed following extensive research, benchmarking and engagement with various stakeholder groups. Chief Executive Officer Datuk Seri Tajuddin Atan said BURSASUSTAIN demonstrated the bourse´s commitment to further elevate and integrate responsible business practices amongst its key stakeholders. The hub aims to provide a platform for users, such as listed issuers, investors and other key stakeholders, to have easy access to the latest information on CG and sustainability.
DHL Express invests RM11 million to build Southern Malaysia Gateway in Johor
DHL Express will start construction of its Southern Malaysia Gateway in Johor this year. With an investment of RM11 million, the Gateway will be purpose-built to meet the growing demands of Malaysia’s logistics sector, especially within the southern region. The DHL facility will be equipped with 50,000 sq ft of warehouse space and serves as a combined Gateway and Service Centre – for the import and export of shipments from Southern Malaysia to the world, and for customer pickups and deliveries within Johor. The completion of the facility is planned for the first quarter of 2019. With the e-commerce sector in Malaysia projected to contribute at least RM114 billion to the country’s GDP by 2020, the new Gateway is expected to strengthen DHL Express’ global network and facilitate the movement of e-commerce shipments in and out of Southern Malaysia.
Westports expects container volume to attain organic growth
Westports Holdings Bhd expects its container volume to attain organic growth in the coming year. In a statement to Bursa Malaysia, Group Managing Director, Datuk Ruben Emir Gnanalingam, said the company´s expectation was based on the unprecedented realignment within the container shipping industry in the financial year ended 31 December 2017. Westports handled nine million twenty-foot equivalent units (TEUs) of container volume in FY17, 57 per cent of which were containers destined for countries and regions within intra-Asia. On long-term growth, Datuk Gnanalingam said, Westports had received an approval-in-principle from the government to expand its container terminal facilities from CT10 to CT19, which would ultimately enhance its terminal handling capacity to 30 million TEUs. “This would strengthen Westports and Port Klang as the pre-eminent ports for the nation´s gateway trade, and one of the main transhipment hubs in the region,” he said.
Leading FinTech Accelerator SuperCharger opens up second Malaysia programme to international startups
Following the success of its first accelerator programme in 2017, SuperCharger Malaysia is now inviting applications from international FinTech companies to participate in SuperCharger Kuala Lumpur 2018 – a no equity, 12-week programme aimed at helping promising FinTech startups to establish and scale their business in Malaysia and beyond. To reach an international audience of FinTech founders, SuperCharger is embarking on a 2-month international roadshow – from the beginning of May until the end of June – spanning 8 different countries. The roadshow will begin in Sydney and travel through Jakarta, Singapore, Shanghai, Paris, London, Hong Kong before ending in Kuala Lumpur. Participants from the last year’s SuperCharger programme have gone on to achieve considerable success. As of early April 2018, they raised more than US$15 million in funding, acquired 29 Proof of Concept (PoC) agreements, and won numerous national and regional awards. The SuperCharger Accelerator Programme is an active collaboration between Malaysia Digital Economy Corporation (MDEC), and Allianz Malaysia. The programme provides participating FinTech companies with market entry resources, experienced mentorship, andunrivalled strategic access to industry experts, venture capitalists, and key stakeholders. The accelerator is searching for FinTech companies that will shape the digital economy with next generation solutions. SuperCharger FinTech Accelerator is open for applications until 29 June 2018.
Asia-Pacific countries identify Fintech Initiatives at ECOSOC Forum
Asia-Pacific countries met on the sidelines of the United Nations Economic and Social Council Forum (ECOSOC) on Financing for Development in New York this week to explore opportunities for scaling up the Financial Technology Industry (Fintech). In a statement today, the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) said, Fintech scale-ups initiatives include mobile money and microlending companies, to meet the ambitious targets set out in the 2030 Agenda for Sustainable Development. “The high-level participants recognised the need to increase access to financial services for small and medium enterprises (SMEs) and the region’s poorest people, if the aim of mobilising 2.5 trillion annually in Asia and the Pacific is to be attained,” it added.
Shenzhen police can now identify drivers using facial recognition surveillance cameras
Shenzhen is expanding a network of facial recognition surveillance cameras to catch more violations, after the success of an earlier trial to publicly name and shame jaywalkers. The so-called electronic police system captures photos of vehicles that violate the traffic rules, providing an image of not only the number plate but also the driver’s face, which can then be identified from the police database using facial recognition technology. A total of 40 roads will be covered under the expanded surveillance to identify and fine traffic violators, including those driving without a valid license. The system went on trial Monday and will be officially launched on May 1. The move is the latest in a push by Chinese cities and securities agencies to employ advanced artificial intelligence-based technologies in policing.
Seven-Eleven to launch 24-hour automatic ‘minpaku’ check-in service in Japan
Convenience store and retail chain Seven-Eleven Japan Co in a joint project with travel agency JTB Corp will launch an automated service for minpaku (private temporary rented lodging) that allows guests to check in, collect and leave room keys 24 hours a day at 7-Eleven convenience stores. The service, called Convenience Front Desk 24, will begin at some 7-Eleven stores in Tokyo on June 15. Following a gradual expansion in the near future, the new service aims to boost convenience for inbound tourists to Japan ahead of the Tokyo 2020 Olympic and Paralympic Games, the company said. The new service will be introduced just in time for the new minpaku law, which will lower the current legal restrictions for renting out properties for temporary stay. The new law, which comes into effect on June 15, will, in practice, permit private lodging throughout Japan. Seven-Eleven said it will introduce the service at 50 convenience stores by the end of October and, based on needs and usage analysis, to 1,000 by the end of fiscal 2020.