First ASEAN FinTech ecosystem
Malayan Banking has given financial technology (FinTech) an additional boost with the launch of its regional, collaborative FinTech Sandbox – the first of its kind in Asean. The platform will provide opportunities for start-ups and innovators to develop and test new ideas by leveraging on the banking group’s internal digital and technology expertise to help accelerate and exponentially grow our regional FinTechs. The Maybank Sandbox is a complete FinTech ecosystem that provides all the essential components for free, to fast-track the growth of FinTech developers across the region.
Malaysia’s first superfast, competitive broadband launched in Cyberjaya
Connectivity in Cyberjaya is now faster after the launch of Malaysia’s First 1Gbps superfast, competitive broadband for businesses and homes throughout the city. The launch is consistent with Cyberjaya’s aspirations to be transformed into a smart city. Following the launch, organisations in Cyberjaya such as the Malaysian Global Innovation and Creativity Centre (MaGIC) and the Cyberjaya University College of Medical Sciences (CUCMS) have already signed up for the service while the Malaysian Communications and Multimedia Commission have voiced their interest. The superfast broadband will pave the way for advanced connectivity, ready to meet the needs of the future community in Cyberjaya.
Fashion Designers Can Go Global Via Retail Channel
The Malaysian External Trade Development Corporation (MATRADE) said fashion designers and entrepreneurs need to capitalise on the retail channel in order to enter the global market. MATRADE Lifestyle Unit Director Abu Bakar Yusof said. this would be an effective strategy for them to strengthen their position in domestic and international markets. “MATRADE is always willing to help young fashion designers through capacity building and export promotion activity”.
PERDASAMA wants local SMEs to specialise
The Malaysian Businessmen and Industrialists Association of Malaysia or PERDASAMA has called on local small and medium enterprises (SMEs) to specialise in their businesses to remain profitable. Its President, Datuk Moehamad Izat Emir said when SMEs are specialised in their respective industries they would be recognised by customers and competitors. Citing as an example, he said if you are in the textiles business, focus on the industry and give the best products and services to the customers at affordable prices to sell your brand.