• Digi’s iFleet to give away RM1 Million for SMEs to upgrade their fleet
  • EPF Contribution to Revert To 11 Per Cent In January 2018
  • Malaysia e-Commerce Penetration Rate to Increase In 2018
  • Universiti Teknologi Malaysia launches Digital Career Centre
  • British PM May forces her deputy to resign over pornography scandal
  • Uber dealt blow by EU court ruling that it is a taxi service

Digi’s iFleet to give away RM1 Million for SMEs to upgrade their fleet
Digi’s iFleet announced today the launch of its RM1 Million Fleet Transformation Fund for enterprises. The fund seeks to help enterprises digitise their business in the area of fleet management, leveraging on iFleet – a B2B solution targeted at commercial vehicles. The intelligent fleet tracking solution enables businesses to track their fleet in real-time and is currently the most robust all-in-one solution available in the market. SMEs registered in Malaysia with a fleet size of up to 30 vehicles are encouraged to apply to the fund. Apart from logistics, any SMEs that require the managing of cars, bikes, trucks, vans and more are encouraged to apply. This includes, but are not limited to SMEs in construction, engineering, government, healthcare, non-profit organisations, plumbing, pest control, security, rental car companies, transportation, delivery, medical or emergency services, runners and messenger bikes. Successful applicants will receive up to RM10,000 in total subsidy amount for the installation of iFleet in their vehicles and also a subsidy towards the subscription of iFleet services. (MR)

EPF Contribution to Revert To 11 Per Cent In January 2018
The statutory Employees Provident Fund (EPF) contribution rate by employees will revert to the original 11 per cent for members aged below 60 and 5.5 per cent for those 60 and above, effective the January 2018 salary for February 2018 contribution. The EPF said employers should ensure the right amount of contribution was deducted from their employees’ salary and remitted in accordance with the new rate. The government had announced a reduction in the employees’ contribution rate in 2016, following the tabling of the revision of Budget 2016. The EPF said the reduction of the statutory contribution rate for employees’ share to eight per cent, which started in March 2016, would end this month. (Bernama)

Malaysia e-Commerce Penetration Rate to Increase In 2018
With the right infrastructure in place, Malaysia’s electronic-commerce (e-commerce) penetration rate is set to accelerate to between four and five per cent in 2018 from the current 2.5 per cent. In a statement today, 11street Chief Executive Officer, Hoseok Kim, said the country’s e-commerce industry would achieve greater heights next year following improvements in infrastructure and logistics services nationwide. He said the increased technical support for businesses would also enable them to embrace the omni-channel strategy. “The e-commerce industry in Malaysia has done well, and given the broadened acceptance of e-commerce, the time has come for e-marketplaces to make online shopping a better and more seamless experience for consumers,” he said. (Bernama)

Universiti Teknologi Malaysia launches Digital Career Centre
UNIVERSITI Teknologi Malaysia (UTM) in Skudai recently launched its Digital Career Centre (DCC) after the university was awarded the Premier Digital Tech University status by Ministry of Higher Education Malaysia (MOHE) and Malaysia Digital Economy Corporation (MDEC). The second Premier Digital Tech University to launch the Digital Career Centre, UTM’s centre will function as a one-stop hub that provides a variety of career-related services to students and industry players. UTM’s Digital Career Centre will host various activities conducted with students and industry players of the digital technology sector. (DNA)

British PM May forces her deputy to resign over pornography scandal
British Prime Minister Theresa May forced her most senior minister, Damian Green, to resign after an internal investigation found he had made misleading comments about pornography on computers in his parliamentary office. The resignation of one of May’s most trusted allies, who had helped pacify her deeply divided party, is a blow as she navigates the final year of tortuous negotiations towards Britain’s exit from the European Union in March 2019. Green, who voted to stay in the EU, was appointed as first secretary of state just six months ago in a bid to shore up May’s premiership following her disastrous bet on a June snap election that lost her party its majority in parliament. (Reuters)

Uber dealt blow by EU court ruling that it is a taxi service
Uber should be classified as a transport service and regulated like other taxi operators, the European Union’s top court said in a landmark ruling on Wednesday that could impact other online businesses in Europe. Uber, which allows passengers to summon a ride through an app on their smartphones, has transformed the taxi industry since its launch in 2011 and now operates in more than 600 cities globally. In the latest of a series of legal battles, Uber had argued it was simply a digital app that acted as an intermediary between drivers and customers looking for a ride and so should fall under lighter EU rules for online services. (CNA)