Malaysia on tract to be a high-income economy
Malaysia is on track to achieve its target of becoming a high-income economy by 2020 and 3.7% growth in labour productivity at RM92,300 then on government and private sector collaboration. International Trade and Industry Minister Datuk Seri Mustapa Mohamed said the Government recognised the importance of productivity growth to achieve the country’s economic aim. He added that enhanced collaboration, cooperation and communication between the private and public sectors are critical to improve the country’s productivity implementation, enforcement and outcomes.
Singtel and DocuSign introduce electronic signature solution for easy document approvals and tracking
Singtel has partnered DocuSign, an industry leader in digital transaction management, to launch a cloud solution that allows for faster document authorisation and more effective tracking, with the use of electronic signatures in secure ways. The introduction of the solution for the first time in Singapore is timely, given the increasing use of contracts and signatures which are created and transmitted electronically. The passing of the Electronics Transaction Act 2010 in Singapore also supports the adoption of e-documents and e-signatures.
Judy malware possibly the largest malware campaign found on Google Play
Check Point researchers discovered another widespread malware campaign on Google Play, Google’s official app store. The malware, dubbed “Judy”, is an auto-clicking adware which was found on 41 apps developed by a Korean company. The malware uses infected devices to generate large amounts of fraudulent clicks on advertisements, generating revenues for the perpetrators behind it. The malicious apps reached an astonishing spread between 4.5 million and 18.5 million downloads. Some of the apps we discovered resided on Google Play for several years, but all were recently updated. It is unclear how long the malicious code existed inside the apps, hence the actual spread of the malware remains unknown.
Indonesian Central Banks calls for rupiah redenomination
Bank Indonesia Governor Agus Matowardojo has reiterated his call on the government and lawmakers to redenominate the rupiah, stressing that it is the best time to do so, considering good indications in the country’s economy. If the redenomination kicks off now, it can be fully implemented in 2024 or 2025, he added. Agus cited a number of economic parameters, including an 3.02 percent inflation rate and 5.02 economic growth rate last year, as well as an 5.01 percent economic growth rate in the first quarter of 2017.