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  • Zurich launches travel takaful on ShopeePay

    Zurich launches travel takaful on ShopeePay

    ShopeePay announces its partnership with Zurich General Takaful to launch their first travel takaful plan, Zurich Travel Takaful.

    Meeting a growing demand for Shariah-compliant protections, Zurich Travel Takaful keeps users protected as they embark on their travels, starting from as low as RM3 per day for domestic travel and RM15.99 per day for international travel.

    Catering to short-term and frequent travellers, this is ShopeePay’s first travel protection plan to offer both single and annual trip travel protection plans, keeping users protected for travel all year round.

    Additional Benefits and Zurich Travel Assist

    The takaful offering provides coverage of up to RM300,000 in medical and personal accident benefits throughout user’s travel while providing additional protections and benefits including compensation for:
    ● Travel Cancellation
    ● Travel Delay
    ● Travel Curtailment
    ● Baggage Delay
    ● Double Indemnity
    ● Personal Effects and Travel Documents

    As part of Zurich’s Travel Takaful plan, users will also have access to Zurich’s 24-Hour Travel Assistance hotline to provide support throughout their travels.

    In celebration of the launch of Zurich Travel Takaful on ShopeePay, users can kick off their travel plans with a variety of complimentary discounts, including:
    ● 5% discount on Travel Takaful when travelling in groups of 2-5 pax
    ● 10% discount on Travel Takaful when travelling in groups of 6-10 pax
    ● 15% discount on upgrades to VIP Plans for both single trip and annual plans

    How to subscribe to Zurich Travel Takaful

    Available on the ShopeePay app and also the Shopee app, subscribing to your Zurich Travel Takaful plan can be completed in under just 3 minutes:

    Step 1: Access your ShopeePay App and click on the “Insurance” tab at the bottom left of your home page

    Step 2: Click on Travel and select your plan.

    Step 3: Confirm your details and proceed to check out.

    Breakdown your payments with SPayLater

    Subscribing for a big group, or planning to pace out your protection plan payments? Split your Takaful contributions with SPayLater, the Shariah-compliant credit solution that lets you pay next month, or in instalments ranging from three to 12 months.

    SPayLater is available for all Insurance and Takaful products provided on the ShopeePay and Shopee app.

  • Alibaba Cloud’s new whitepaper shows how AI can power sustainable business transformation

    Alibaba Cloud’s new whitepaper shows how AI can power sustainable business transformation

    A new whitepaper released by Alibaba Cloud, Driving Sustainability with AI: A Guide to Partnering with Technology Service Providers, offers a forward-looking blueprint for how organisations can harness digital infrastructure — particularly AI and cloud computing — to accelerate their sustainable journey.

    Based on insights from the Tech-Driven Sustainability Trends and Index 2024, which surveyed 1,300 business leaders across Asia, Europe, and the Middle East, the report combines industry data, actionable recommendations, and real-world case studies to explore how emerging technologies can close the gap between aspiration and execution.

    The State of Sustainability: Progress, Gaps and Opportunity

    The whitepaper highlights the growing urgency for businesses to act on sustainability, with 80% of surveyed organisations setting green targets. Yet only one-third of these have committed to science-based net-zero goals. Many companies still struggle to move from commitment to impact, citing gaps in technical understanding, measurement tools and concerns about the energy footprint of digital technologies.

    Despite these barriers, a strong majority — 76% — see AI and cloud computing as essential tools to achieve sustainability outcomes. At the same time, 82% say it is critical that these technologies themselves are developed sustainably.

    From Insight to Impact: Green AI in Action

    Alibaba Cloud is helping organisations bridge this gap through platforms like Energy Expert, which uses AI to measure emissions and energy consumption in real time. The platform has already served over 3,000 organisations globally.

    One standout case is its collaboration with Covestro, a polymer material company. Working together, the two helped Chinese beverage brand Nongfu Spring trace the full lifecycle emissions of its recycled water barrels — later repurposed into gel pens – offering supply chain transparency from production to reuse.

    The whitepaper also showcases Alibaba Cloud’s commitment to low-carbon AI innovation. Its open-source Qwen series models are designed for efficiency and accessibility. Japanese AI start-up Lightblue, for example, used Qwen to build a localized high-performance Japanese-language model with lower development costs and energy use.

    Five Strategies to Drive Recommendations for Sustainable Digital Transformation

    The whitepaper identifies five strategic actions that businesses can take to align digital transformation with sustainability outcomes. First, organizations are encouraged to link their adoption of AI and cloud technologies with specific sustainability KPIs—for example, using predictive tools to optimise operations or monitor emissions across supply chains. Second, companies should partner with transparent, green technology providers that publish energy usage and emissions data, operate on renewable energy, and invest in energy-efficient infrastructure. Third, the paper highlights the importance of embedding security into sustainability strategies, noting that cybersecurity concerns remain a key barrier to wider adoption of digital sustainability tools.

    Fourth, it recommends embracing open and trustworthy AI, such as open-source models that reduce costs, improve energy efficiency, and allow for localized applications. Finally, the paper calls for stronger public-private collaboration, with 82% of surveyed executives supporting more active government involvement to accelerate the adoption of sustainable technologies through policy, incentives, and education.

    A Roadmap for Business Leaders

    More than a guide, the whitepaper is a call to action. It emphasizes that sustainability is no longer a nice-to-have but rather a competitive differentiator and a catalyst for growth.

    For companies navigating climate and digital transformation simultaneously, the message is clear: success depends on choosing the right partners, tools, and strategies to deliver measurable progress. With the right foundation, AI and cloud can power a greener, smarter, and more resilient future.

  • Scoot adds flight capacity to support travel demand

    Scoot adds flight capacity to support travel demand

    Scoot, the low-cost subsidiary of Singapore Airlines (SIA), announces increased flight frequencies and passenger capacity to support the strong demand for air travel in the upcoming months:

    • From 6 June 2025, flights to Iloilo City will increase from two to four times weekly
    • From 24 June 2025, flights to Cebu will increase from seven to 10 times weekly and services to Koh Samui from 21 times to 25 times weekly
    • From 2 August 2025, services to Taipei and Seoul (via Taipei) will increase from five times weekly to daily services
    • From 4 August 2025, frequencies to Perth will increase to 14 times weekly, up from 12 times weekly
    • From 30 August 2025, services to Davao will increase to 12 times weekly, up from nine weekly services
    • From 5 October 2025, frequencies to Sydney will increase to 14 times weekly, up from 10 times weekly

    Flight schedules are subject to government and regulatory approvals or changes. Scoot remains committed to enhancing its network and connectivity. The airline will continue to remain nimble, regularly review its routes and align its capacity with the demand for air travel and evolving travellers’ needs.

    Limited-time promotional fares to selected destinations are currently on offer on Scoot’s website and mobile application. Follow on social media and/or subscribe to Scoot’s newsletter to receive notifications on the latest promotions.

  • AFFIN launches “AFFIN 50 Years, 50 Prizes” Golden Jubilee campaign

    AFFIN launches “AFFIN 50 Years, 50 Prizes” Golden Jubilee campaign

    AFFIN Group (“AFFIN” or “the Group”) celebrates its 50th anniversary with the launch of the “AFFIN 50 Years, 50 Prizes” Golden Jubilee Campaign, a year-long celebration rewarding customers with exclusive prizes, strengthening financial literacy and empowering Malaysians on their financial journey. Running from 1 March 2025 to 31 January 2026, this milestone campaign features 50 exclusive prizes, including a Grand Prize of RM1,000,000.

    The “AFFIN 50 Years, 50 Prizes” Golden Jubilee Campaign invites customers to participate by performing eligible transactions, such as maintaining a minimum Month-End Balance (MEB) of RM5,000 in their AFFIN Current or Savings accounts. With every eligible transaction, customers earn entries for a chance to win.

    Datuk Wan Razly Abdullah, President & Group Chief Executive Officer of AFFIN Group, said, “For 50 years, AFFIN has underscored its commitment to strengthening financial resilience, fostering economic growth, and delivering value to our customers wherever they are. The “AFFIN 50 Years, 50 Prizes” Golden Jubilee Campaign reflects our dedication to creating opportunities, driving progress, and empowering people with financial solutions that meet their evolving needs. As we look ahead, we remain focused on building a future-ready financial ecosystem that serves a wider community, aligned with the strategic pillars of our AFFIN Axelerate 2028 (AX28) Plan, which are Unrivalled Customer Service, Digital Leadership, and Responsible Banking With Impact.”

    Beyond this flagship campaign, AFFIN is introducing a suite of initiatives tailored to meet the diverse financial needs of its customers, including Jalan-Jalan Raya AFFIN with Naelofar, the Porsche Cashback Campaign, the 1-for-1 Business Class offer with AFFIN Credit Card, and many more to be launched throughout the year. These initiatives are spearheaded by AFFIN’s key business divisions such as Deposit Business, Cards, Personal Financing, Mortgage, Auto Finance, Corporate Banking, Enterprise Banking and Wealth Management, in collaboration with Affin Hwang Investment Bank Berhad.

    Learn more about how customers can benefit from the “AFFIN 50 Years, 50 Prizes” Golden Jubilee Campaign and start earning rewards today by visiting www.AffinAlways.com or following @Affinmy on social media.

  • Psychological traps in trading: Octa Broker’s perspective on avoiding costly mistakes

    Psychological traps in trading: Octa Broker’s perspective on avoiding costly mistakes

    Even the most seasoned Contract for Difference (CFD) traders can fall into psychological traps—from chasing the hype to holding poor trades out of stubborn hope. Emotional biases can cloud judgment and lead even experienced traders to costly blunders. However, psychological resilience reduces the risk of a loss. Octa Broker, as part of its commitment to traders’ education, explores how emotion-driven decisions can quietly sabotage performance and offers practical guidance for staying focused and disciplined.

    Psychological traps in CFD trading
    Psychological traps consist of cognitive bias and emotional responses that negatively affect trading decisions. Cognitive bias compels traders from their strategy, potentially undermining their results. Notably, such traps are not exclusive to novices. Experienced traders are not immune to them either, especially when the market is volatile.

    Emotions are powerful forces in trading. They can override rational analysis, prompting impulsive behaviour and unwise actions. Empirical findings in trading psychology indicate that investors frequently succumb to fear and greed, two emotions that can cloud their decision-making, potentially resulting in suboptimal profits or, more severely, significant losses.

    Understanding six common psychological traps in CFD trading

    1. Fear of missing out (FOMO) drives traders to enter positions based on the anxiety of missing potential profits, often influenced by market hype or social media trends. This behaviour can lead to buying at peak prices without proper analysis. FOMO-driven traders may trade excessively, believing that more trades will increase their chances of hitting a winning opportunity.
    2. Revenge trading. After incurring losses, some traders attempt to recover quickly by making impulsive trades without adequate analysis. This often exacerbates losses and deviates from disciplined trading plans.
    3. Overtrading. A situation when traders try to always be active in the market and take positions without clear signals or strategies. This impatience can result in increased transaction costs and exposure to unnecessary risks.
    4. Gambler’s fallacy involves believing that a series of losses or gains will be naturally followed by the opposite outcome. Driven by the anticipation of an imminent reversal, traders may prematurely try to ‘pick a top’ during a bullish trend or ‘find a bottom’ in a bearish trend, often without sufficient evidence.
    5. Hope vs. strategy means holding onto losing positions, believing that the market will turn in their favour, despite evidence to the contrary. This can lead to significant losses as traders ignore stop-loss rules and objective analysis.
    6. Herd mentality implies mimicking the crowd by following others’ trades without analysis. Herd behaviour may form bubbles or exacerbate market downturns, leading traders to buy or sell too early.

    Spotting the signs—when you’re not thinking straight
    Be mindful of the sudden impulses to deviate from your trading plan, especially after winning or losing a lot. A shifted risk tolerance, such as opening positions that are unusually large, can be a sign of emotional trading. Other behavioural red flags include:

    • ignoring predetermined stop-loss levels
    • doubling down on losing positions
    •  frequently changing strategies without thorough evaluation.

    Recognising these signs is the first step in regaining control and preventing emotion-driven decisions. Here are other tips to stay in control when trading:

    • Plan before trading. Develop a comprehensive trading plan that outlines entry and exit points, risk tolerance, position sizes, and adhere to it
    • Journal your trades to record your progress and monitor your emotional state. This helps identify patterns in behaviour and improve self-control.
    • Use stop-loss and take-profit orders to automate discipline, ensuring that decisions are executed as planned, even in volatile markets. Given the high-risk nature of CFDs, such controls are vital
    • Learn from mistakes. Regularly review your trading history to understand what worked and what didn’t. Reflecting on past errors fosters growth and helps in refining strategies
    • Step away when needed. Taking breaks from trading, especially after a series of losses or even wins, can provide perspective and prevent burnout. As Kar Yong Ang, a financial analyst at Octa Broker, advises: ‘Your worst trades often come when you feel most confident—or most afraid. Mastering trading psychology is what separates short-term reaction from long-term resilience.’

    While technical ability and market knowledge form the foundation of trading, psychological discipline determines long-term success. Even a valid strategy can be undermined by emotional biases. By recognising common psychological traps and implementing measures to negate them, traders can improve their decisions and perform more consistently. Constant self-monitoring, deliberate discipline, and emotional mastery are key factors in navigating the complex psychological landscape of trading.

    ___

    Disclaimer: This content is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to engage in any investment activity. It does not take into account your investment objectives, financial situation, or individual needs. Any action you take based on this content is at your sole discretion and risk. Octa and its affiliates accept no liability for any losses or consequences resulting from reliance on this material.
    Trading involves risks and may not be suitable for all investors. Use your expertise wisely and evaluate all associated risks before making an investment decision. Past performance is not a reliable indicator of future results.
    Availability of products and services may vary by jurisdiction. Please ensure compliance with your local laws before accessing them.

  • UMW Toyota Motor to support Ministry of Transport’s green mobility drive

    UMW Toyota Motor Sdn Bhd (UMWT) is taking a major step in driving Malaysia’s clean mobility transition through a strategic collaboration with the Ministry of Transport (MOT). UMWT has extended a fleet of electrified vehicles to the Ministry, bridging cutting-edge product innovation with public policy development.

    The fleet includes five advanced electrified vehicles comprising:
    • Three Hybrid Electric Vehicles (HEVs), namely the Toyota Alphard, Camry and Corolla Cross, and
    • Two Battery Electric Vehicles (BEVs), the Toyota bZ4X and Lexus RZ.

    This initiative enables MOT to evaluate the real-world practicality, performance and benefits of electrified mobility technologies in daily operations, offering critical insights to inform future planning and policymaking.

    “Malaysia’s journey to net-zero emissions by 2050 requires collaboration and action from all sectors,” said Datuk Ravindran K., President of UMW Toyota Motor. “Our support is beyond formality — it enables policymakers to experience the effectiveness of electrified vehicles first-hand. Toyota’s Multipathway approach is inclusive, practical, and tailored to Malaysia’s needs. This ensures that no one is left behind as we move toward a cleaner and more sustainable future.”

    This partnership reflects UMW Toyota’s belief that achieving carbon neutrality requires engagement at every level, from individual consumers to national institutions. By aligning with the National Energy Policy 2022–2040 and the National Energy Transition Roadmap (NETR), the initiative highlights how private-sector innovation can help translate national ambitions into practical, real-world outcomes.

    Bridging Innovation and Public Policy

    UMWT’s experience in hybrid technology reflects its commitment to delivering practical, scalable solutions that meet real-world needs. Through the deployment of its electrified vehicle line-up, UMWT is giving MOT officials the opportunity to experience infrastructure readiness, user interaction and operational dynamics across different electrification platforms. These first-hand learnings will support more informed and evidence-based policymaking as Malaysia moves toward a cleaner, more resilient mobility ecosystem. While full electrification remains a long-term goal, hybrid vehicles continue to offer a swift, accessible pathway to reduce emissions without placing excessive pressure on current infrastructure or consumer behaviour.

    “Hybrid technology continues to be a critical enabler in Toyota’s electrification strategy, especially for markets like Malaysia,” said Mohd Shamsor Mohd Zain, Executive Director of UMW Toyota Motor. “It offers immediate reductions in emissions without the need for sweeping infrastructure changes. This makes it ideal for building mass-market confidence while paving the way toward full electrification.”

    A Shared Commitment to Sustainable Progress

    The collaboration also supports the Low Carbon Mobility Blueprint 2021–2030, which targets 15% xEV adoption by 2030 and 38% by 2040. Through access to a range of electrified drivetrains, the Ministry of Transport can experience these technologies first-hand, offering valuable insights that can inform future planning and infrastructure readiness.

    This effort is part of Toyota’s Multipath way journey, which includes Hybrid and Battery Electric Vehicles (BEVs), as well as Plug-in Hybrids (PHEVs), Fuel Cell Electric Vehicles (FCEVs), and emerging technologies such as hydrogen and synthetic fuels. The company’s approach is grounded in a full well-to-wheel lifecycle view of emissions, ensuring that sustainability progress is meaningful, measurable and grounded in science.

    Rooted in UMWT’s “Move Your World” vision, the collaboration reflects a broader commitment to people-first innovation that delivers practical, inclusive and environmentally responsible progress. This vision is aligned with Toyota’s global mission to ‘Produce Happiness for All’ by creating mobility solutions that go beyond vehicles to improve lives, empower communities, and protect the planet. Through this initiative, UMWT is not only moving people – it is moving policy, mindset, and the nation forward toward a low-carbon, high-impact future.

    UMWT’s ongoing engagement with government, industry and the public is part of a larger movement to build a cleaner, more connected mobility ecosystem for Malaysia. From product deployment to policy dialogue and public education, UMWT continues to play a catalytic role in advancing the nation’s shift toward a sustainable transport future.

  • Alliance Bank expands access to cancer screening

    Alliance Bank expands access to cancer screening

    Alliance Bank Malaysia Berhad (Alliance Bank or the Bank), Prince Court Medical Centre (Prince Court) and the National Cancer Society Malaysia (NCSM) have joined forces in a landmark partnership to improve access to cancer screening and encourage early detection among Malaysians. The collaboration was formalised through the signing of a Memorandum of Understanding (MOU) at the SEA Healthcare and Pharma Conference 2025.

    The signing was witnessed by Yang Berhormat Datuk Seri Haji Dr. Dzulkefly bin Ahmad, Minister of
    Health, underscoring the collective commitment to improving public health initiatives in Malaysia.
    Cancer remains a major health concern in Malaysia, with early detection playing a critical role in
    improving patient outcomes. This partnership supports the Ministry of Health’s National Strategic Plan
    for Cancer Control Programme 2021 – 2025, which aims to reduce cancer risk factors, strengthen
    early detection through screening, and improve access to timely diagnosis and treatment. This
    tripartite collaboration brings the three organisations together to support national efforts in advancing
    cancer awareness and screening accessibility, ultimately improving survival rates and the overall wellbeing
    of Malaysians.

    “Improving access to cancer care is not just a medical priority, it is a moral imperative. These
    symposiums mark an important step in bringing together minds, expertise, and commitment from
    across sectors to ensure that no one is left behind in the fight against cancer. Collaboration is our
    most powerful tool — and together, we can build a future where quality cancer care is within reach for
    all,” said Yang Berhormat Datuk Seri Dr Dzulkefly Ahmad.

    Ms. Gan Pai Li, Group Chief Consumer Banking Officer of Alliance Bank, said, “At Alliance Bank, we
    recognise that health and financial security are closely linked. When individuals are financially secure,
    they are able to better invest in their health, and good health allows them to focus on achieving their
    financial goals. In tandem with the MOH’s initiative to elevate awareness of early cancer detection,
    our partnership with Prince Court and NCSM reflects our commitment to empowering our customers
    and employees to take charge of their health, while also easing some of the financial constraints
    associated with health screenings. As The Bank For Life, we strive to make a meaningful impact on
    our customers by being a trusted partner at every stage of their lives.”

    Dr. Shuba Srinivasan, Chief Executive Officer of Prince Court, said, “At Prince Court, we see health
    screening not as a service, but as a responsibility. Early detection changes outcomes, but more
    importantly, it changes lives. This partnership reflects what’s possible when healthcare, community,
    and corporate responsibility come together with a shared purpose. With Alliance Bank and NCSM, we
    are removing barriers and creating pathways so more Malaysians have the opportunity to act early,
    understand their risks, and take control of their health. We are proud to play a role in advancing this
    effort and to stand alongside partners who share our commitment to better health for all.”
    “Through this series of cancer symposiums, we aim to empower our communities with knowledge,
    connect professionals across disciplines, and drive forward our mission of early detection, better treatment, and compassionate care. Together with our partners, we are building a future where no
    one faces cancer alone,” said NCSM Managing Director, Kol. Bersekutu Assoc. Professor Dr
    Murallitharan Munisamy.

    As part of the campaign, NCSM will organise cancer awareness symposiums at Prince Court,
    featuring leading surgeons, oncologists, and cancer care experts. Each session will focus on a
    different aspect of cancer education, from understanding risk factors to the latest advancements in
    treatment. Attendees will gain practical insights into prevention, early detection, and care, while
    having the rare opportunity to engage directly with specialists. Open to all Alliance Bank customers
    and business partners, these symposiums aim to equip individuals with the knowledge to make
    informed decisions about their health and encourage proactive steps towards cancer prevention.

    From 2 May to 31 December 2025, all Alliance Bank cardholders will enjoy a 10% discount on all
    health screening packages and selected aesthetics, along with a 25% discount on maternity
    packages at Prince Court Medical Centre. This exclusive offer is designed to encourage individuals to
    prioritise their health and undergo regular health screenings as a preventive measure, as well as
    ensure that a trusted medical centre is selected, ensuring safety and professional care.
    For more information on the Bank’s products and services, please visit
    https://www.alliancebank.com.my.

  • 21% and growing: women-Led SMEs drive Malaysia’s economy forward

    21% and growing: women-Led SMEs drive Malaysia’s economy forward

    Women-owned businesses (defined as 51% owned, managed, and controlled by one or more women) are on the rise. Micro and small women entrepreneurs (MSWEs) make up 21% of small and medium enterprises (SMEs) in Malaysia.

    This translates to approximately 241,767 women-led businesses (MSWEs) forming a vital part of the country’s economy, where SMEs account for 97.4% of all businesses.

    While this is encouraging, there is still a notable gender gap as Malaysia aims to achieve a 60% female Labour Force Participation Rate (LFPR) by 2033. The latest female LFPR rose slightly to 56.3%, while the male LFPR stood at 82.9%, highlighting a notable gender gap despite the upward trend in women’s participation.

    In an effort to bridge the gender gap and uplift MSWEs in Malaysia, leading self-service laundrette dobiQueen has recently organised an engaging panel discussion entitled, “Empathy Meets Innovation: How Women Entrepreneurs Utilise Purposeful Technology & Empathetic Leadership to Transform Businesses” with experts from the public and private sector, including TalentCorp’s Wanita MyWira, Khazanah Research Institute (KRI) and Strive Malaysia.

    A study by Strive Malaysia has revealed that women entrepreneurs face three main challenges. Time poverty ranks tops with 97% citing juggling business, childcare, and household responsibilities as the biggest challenge. This is deeply rooted in gender norms, as women are often expected to be the primary caregivers in Malaysia’s social, cultural and religious contexts.

    While over 80% of MSWEs acknowledge the potential advantages of digital literacy, and are able to search for information online via Facebook, Instagram, and TikTok, many use it for personal rather than for business purposes. There is a disconnect between digital literacy and entrepreneurial pursuits.

    Lastly, only 50% of MSWEs expressed confidence in their financial knowledge and skill, limited to basic expenses of tracking income records, with many lacking understanding of broader financial concepts such as dynamic markets or funding applications. Of this, 78% expressed the need for more information from financial institutions in the areas of loan management, grants, and market information.

    “This insightful report has since guided the development of targeted interventions to address the unique needs of women-owned and women-led businesses.

    “We provide them with easy access to a free self-assessment tool, tailored skill-building training and microlearning resources, and mentorship opportunities, thus fostering a more enabling business ecosystem via Strivers’ Hub, a one-stop-shop digital platform designed to cater to the evolving needs of small businesses, particularly women entrepreneurs”, said Li Yang Lau, Program Officer at Strive Malaysia.

    Women entrepreneurs are on the rise, with women-led businesses such as dobiQueen combining purposeful technology merged with its understanding of Malaysian households facing time poverty as they juggle work, childcare and household responsibilities.

    Nini Tan, Co-founder and Executive Director of dobiQueen, shares, “As a small and medium-sized enterprise (SME), dobiQueen was founded 10 years ago with an empathetic mission to ease the burden of household chores.

    “Women spend close to 63.6% more time daily on unpaid work than men, with women continuing to perform an additional 3.6 to 4 hours on average for unpaid chores after office hours, leading to the “double burden” or “second shift”.”

    Both the private and public sectors have made many strides in uplifting women in society, with the Government allocating nearly RM470 million through the Budget 2025 to assist women-led entrepreneurs in Malaysia.

    Natasha Alias, Head of Wanita MyWira at TalentCorp, said, “In 2024, the Ministry of Human Resources, through TalentCorp, introduced Wanita MyWira to address workforce gaps by enabling more women to participate fully in Malaysia’s economy. As the agency driving national talent strategies, we are committed to supporting women’s career journeys – from re-entry to leadership, and strengthening their long-term contribution to the workforce.”

    “Wanita MyWira supports a broad spectrum of women – from students and returning professionals to entrepreneurs and industry leaders, through strategic advocacy, skills development, and employer engagement. The aim is to create real pathways into meaningful, sustainable employment.

    “In 2025, we’re scaling our impact with targeted efforts. These include promoting tax incentives under the Career Comeback Programme (CCP), embedding diversity, equity and inclusion (DEI) practices within universities, and working with industry to expand job opportunities for women.

    “With CCP tax exemptions and hiring incentives outlined in Budget 2024 and 2025, we’re driving outcomes that benefit both women and employers, and laying the groundwork for a more inclusive, resilient workforce.

    TalentCorp is also developing the Gender Action Lab Report, which explores forward-looking models for workplace gender equality. Aligned with the UN Women’s Empowerment Principles, this effort reinforces the agency’s commitment to building a more equitable and progressive labour market for Malaysia.

    Incorporating a broader view on women entrepreneurs in the marketplace, Dr Teoh Ai Ni, a Research Associate at Khazanah Research Institute (KRI), also shares about women-led participation as agri-food smallholders.

    “Based on KRI’s gender gap research conducted among 3,300 agri-food smallholders, agri-food production has similar economic importance for both men and women smallholders, but women are more likely to face challenges.

    “In the past, women’s roles in agri-food production tended to be invisible as they were often viewed as the ‘farmer’s wife,’ or the helping hand, rendering them as the ‘invisible farmers’.

    “Over time, with significant progress in gender equality and the Government’s efforts in empowering women, women’s contributions to agriculture are increasingly recognised, but their representation remains low.

    “This is partly due to the persistent gender-specific challenges women in agriculture face, such as gender stereotypes, the high burden of unpaid care and lower access to resources, that contribute to inequitable experiences.”

    With technological advancement and digital adoption, agriculture is no longer as labour-intensive as before. This offers more opportunities for women who are deterred by gender stereotypes or inequality in access to information and resources to participate and strive in agrifood production, similarly to men.

    However, more efforts are needed to close the gender inequality in resource access among women agrifood smallholders and address other challenges that generally limit women’s labour force participation, such as disproportionate care burden.

    As Malaysia accelerates toward its 2033 goal of a 60% female LFPR, the momentum driven by women-led SMEs, public-private partnerships, and inclusive policy frameworks is undeniable.

    Women are reshaping industries with empathy, innovation, and resilience. By addressing structural barriers and unlocking access to digital tools, financial literacy, and supportive ecosystems, Malaysia is not only empowering its women entrepreneurs but also charting a more inclusive, equitable, and prosperous economic future for all.

  • TikTok Shop and KPDN introduce #ShopSafe Tips

    TikTok Shop and KPDN introduce #ShopSafe Tips

    TikTok Shop has partnered with the Ministry of Domestic Trade and Cost of Living (KPDN) to spread awareness on #ShopSafe tips for online scam prevention. #ShopSafe is part of a wider online scam awareness initiative by TikTok Shop to empower Malaysians through education.

    YB Datuk Armizan bin Mohd Ali, Minister of KPDN, emphasised, “We are delighted to partner with TikTok Shop to educate Malaysians on best practices when shopping online and to empower them with the right knowledge and tools to #ShopSafe digitally. We have found that a large majority of reported e-commerce scams were conducted outside of legitimate online shopping platforms and apps, where bad actors redirect consumers off-platform to complete transactions, either through phone numbers, suspicious links, or direct debits. TikTok Shop’s dedication to championing the rights and safety of consumers is commendable, and we look forward to combating online scams together.”

    TikTok Shop Malaysia’s Director of Strategic Partnerships, Nur Azre Abdul Aziz, echoed the sentiment: “Safety is our top priority at TikTok Shop. We continuously invest in people and technologies for Malaysians to enjoy worry-free and secure online shopping experiences, such as through our robust 15-Day Free Return and Refund Policies. In the first half of 2024, we proactively rejected 20.4 million attempted product listings and two million seller account registrations globally that did not meet our standards. Combatting online scams is a collaborative effort and we are immensely thankful to KPDN for their support in educating Malaysians on our #ShopSafe tips. Together, we can keep our community informed and up to date on new scam trends, along with ways to safeguard each other against it.”

    The #ShopSafe tips introduced by TikTok Shop and KPDN include:

    1. Avoid Off-Platform Purchases.
    • TikTok Shop users should conduct all online purchases using only the official app to ensure their protection against scams. TikTok Shop strictly enforces its Product Listing Guidelines and Seller Registration Guidelines, which help to prevent violative products and sellers on the platform. Policies such as the Platform Abuse Policy, Anti-Counterfeit Policy, and TikTok Shop Mall’s 100% Authenticity Guarantee, actively detect and minimise any potential fraudulent activities and deceptive behaviours on the platform.
    • Users should ensure that all online transactions are conducted through TikTok Shop’s secure in-app payment gateways. All purchases can then be verified and tracked on the in-app order history, even when opting for Cash-On-Delivery (COD) transactions.
    • Users should not download TikTok’s apps via external links or APK files. Download TikTok’s apps (which are listed ‘by TikTok Pte. Ltd.’) via the official website (https://www.tiktok.com) and platforms, including the Google Play Store and Apple App Store. Be wary of suspicious links and misspelled websites.
    • By adhering to these #ShopSafe tips, users can avoid common scams, such as false advertising, phishing, COD scams, brushing scams, malware, and more

    2. Never Share Sensitive Personal Information With Other People.

    • Users can familiarize themselves with TikTok Shop’s Privacy Policy, which transparently outlines how TikTok Shop protects user data.
    • Users should be vigilant and avoid disclosing sensitive personal information to other people, especially potential scammers pretending to be TikTok Shop employees, authorities, or government officials. TikTok Shop will never ask for users’ sensitive personal information, such as passwords, TACs, and debit/credit card details through direct messaging, phone calls, or emails.
    • As an additional layer of protection, users should activate the 2-step verification feature on the TikTok app, which protects their accounts even when passwords are compromised.
    • With these helpful tips, Malaysians can prevent themselves from falling victim to Macau scams, phone scams, account takeovers, and more.

    3. Report Violative Behaviours In-App.

    • Users are encouraged to directly report violative products, content, and sellers on TikTok Shop via the in-app reporting channel, available on every product display page.
    • Users can also reach out to live agents in-app for enquiries about their TikTok Shop orders, via the Help Center page.
    • TikTok Shop is governed by robust 15-Day Free Return and Refund Policies, which facilitate simplified and fair after-sales requests for customers facing issues with their orders on the platform. TikTok Shop does not tolerate any fraudulent or unlawful activities on its platform.

    For more information on TikTok Shop Malaysia, please visit:

    @tiktokshop_my

  • SC celebrates investED Leadership second cohort graduation

    SC celebrates investED Leadership second cohort graduation

    The Securities Commission Malaysia (SC) today marked a key milestone in its talent development journey with more than 190 graduates completing the second cycle of the investED Leadership Programme.
    Officiated by Director General of Higher Education, Datuk Professor Dr. Azlinda Azman, the initiative continues to gain strong momentum as a key capital market initiative for nurturing skilled, future-ready talent for the industry.

    Announced by Prime Minister Dato’ Seri Anwar Ibrahim in June 2023, this flagship graduate programme is designed to boost local graduates’ employability across various disciplines.

    It also marks the first-ever collaboration of its kind between the SC, the Ministry of Finance, the Ministry of Higher Education, the capital market industry, and universities—reflecting a shared commitment to strengthening Malaysia’s human capital and future workforce.

    In the span of just two years, the investED Leadership programme has trained 368 young graduates through close collaboration with industry and university partners. Of this, 233 graduates have been employed.

    The second cohort of the Leadership programme, which began in August 2024, received 1,200 applications. Following a month of intensive classroom training at the Asia School of Business, selected participants were placed with various capital market firms for six months of on-the-job experience.
    The SC Chairman Dato’ Mohammad Faiz Azmi said that investED is more than just a training programme – it is a bridge between classroom learning and career building.

    “Beyond equipping our young talent with skills, the programme also builds their confidence, drives industry growth, and nurtures a new generation of professionals for Malaysia’s capital market,” he added.
    The SC is now inviting applications for the third cohort of the investED Leadership Programme, now open until 30 June 2025. Apart from a potential career in the capital market industry, trainees also receive a monthly allowance of RM2,400 during the training period.
    Separately, the investED Foundation Programme, delivered by the SC’s learning arm, the Securities Industry Development Corporation (SIDC), also saw continued progress. Last year, more than 1,000 students enrolled, exceeding the annual target of 800 by 25%.

    In addition, investED has organised 44 career talks and 13 career fairs nationwide, reaching over 110,600 students in the last two years. Of this, 13,500 students have attended the career talks, surpassing the three-year target of 9,000 students in just under two years.

    For more information, visit www.invested.my.