Inovatif

Category: News & Events

  • Sarawak Signs MoU with MEASAT to Support Space Industry Development

    Sarawak Signs MoU with MEASAT to Support Space Industry Development

    Kuching, 15 October 2024 – The Sarawak Multimedia Authority (SMA) has signed a
    Memorandum of Understanding (MoU) with MEASAT Global Berhad (MEASAT),
    Malaysia’s premier satellite solutions provider to enhance Sarawak’s space industry
    development. The signing, witnessed by YB Dato Sri Julaihi Narawi, Minister for Utility
    and Telecommunication. The MoU exchange ceremony will follow during the
    International Digital Economy Conference Sarawak (IDECS) 2024 on 16 October 2024,
    officiated by YAB Datuk Patinggi Tan Sri Abang Johari Tun Openg, Premier of Sarawak,
    at the Borneo Convention Centre Kuching.

    Under this MoU, MEASAT will serve as a consultant to the Sarawak Space Industry and
    Satellite Committee (SISCOM) and offer industry expertise to shape policies, guidelines
    and the future of space and satellite industries in Sarawak. This also includes training
    and talent development, leveraging MEASAT’s 30 over years of experience in satellite
    management and service commercialisation.

    As part of the collaboration, SMA and MEASAT will explore joint projects, including
    satellite operations and management, the development of space, satellite, and launching
    policies, guidelines, training, and industry development. The private-public partnership
    will bring economic benefit to the State while enhancing Sarawak’s satellite capabilities.

    “The collaboration between SMA and MEASAT marks a pivotal moment for Sarawak’s
    ambitions in the space industry. By harnessing MEASAT’s satellite expertise, we are
    paving the way for greater connectivity, particularly in rural areas, while laying the
    foundation for Sarawak to manage its own satellite systems. This partnership is key to
    achieving our 2030 goals of satellite self-sufficiency, which will also contribute towards
    elevating our policymaking capabilities with advanced data collection and analysis,”
    commented YB Dato Sri Julaihi Narawi, Minister for Utility and Telecommunication.

    “SMA is committed to fostering open collaboration to explore innovative strategies for
    enhancing Sarawak’s connectivity and strengthening its digital infrastructure. SMA’s
    partnership with MEASAT is a significant step forward in building a robust space industry
    in Sarawak. With MEASAT’s vast experience, this collaboration will allow us to undertake
    joint projects, nurture local talent and expertise in Sarawak’s nascent aerospace sector,
    and position the state as a leader in satellite technology, besides driving overall
    economic growth,” said Dato Dr Anderson Tiong Ing Heng, General Manager, Sarawak
    Multimedia Authority.

    “MEASAT is honoured to be part of this initiative with SMA to advance Sarawak’s space
    ambitions. By providing our industry expertise, we aim to contribute to the development
    of satellite technologies that benefit Sarawak’s communities and government operations,
    ultimately supporting the state’s broader objectives,” added Yau Chyong Lim, Chief
    Operating Officer, MEASAT.

  • FROM HERITAGE TO TOMORROW

    FROM HERITAGE TO TOMORROW

    KUALA LUMPUR, 11 OCTOBER 2024 – Kuala Lumpur’s historic landmark, the Malaysia Tourism Centre (MaTiC) will once again light up in a whole new way as TERANG 2024 returns from October 11th to 20th, 2024, 8:00pm to 11:00pm. In its second edition, this 9-day exhibition will feature 34 competitive showcases of 1 to 1.5-minute projection mapping artworks, all inspired by the theme “Cultural Futurism”. 

    When night falls against the timeless backdrop of the city’s oldest colonial architecture, TERANG 2024 takes the audience on an immersive visual journey, blending vibrant cultural heritage with futuristic elements and innovations, illustrating how our roots continue to evolve brightly in the modern era. 

    TERANG, inspired by the Malay word for “bright”, is an initiative by Filamen, a forward-thinking platform focused on empowering and cultivating the new media talents of tomorrow. Through a projection mapping competition, TERANG encourages both international and local professional artists, as well as students, to exhibit their creations that breathe new life into heritage architectures, sparking public interest in the preservation of these landmarks.  

    The latest edition of TERANG will feature a diverse array of creative submissions from professional artists from Malaysia, Indonesia, Singapore and across the globe. Lling Lling representing Malaysia, a finalist for SOULFEST 2023 and winner of Mapping from Home Malaysia 2021, collaborates with motion designer Brian Cha on “Future Nature”, a thought-provoking piece that juxtaposes nature with human-made environments. Visual artist and architect, Zafree Azhar’s “Halimunan: The Invisible Reverie“ immerses viewers in a melancholic dreamscape where unrequited love and the fleeting nature of existence converges, transforming the heritage site into ghostly reflections of memory and oblivion. Lunartic Studio, the 2023 TERANG Audience Choice Award winner, returns with “Main-Main,” a playful piece inspired by 80s and 90s arcade games, blending Malaysia’s cultural essence with local favourites like the Monopoly-style game, “Millionaire.” Jonathan Lim’s “Night of the Cultural Museum” brings Malaysia’s cultural heritage to life, imagining a vibrant fusion of traditions secretly unfolding after midnight in a museum. 

    International highlights include Ari Dykier from Poland and C.L.V.X from Indonesia, both finalists in the world renowned 1minute Projection Mapping Competition in Japan. Bandung artist Eltria’s “Perseverance” captures the enduring spirit of Malaysian culture through the powerful symbolism of the Malayan tiger and the grace of the wau kite, blending tradition with futuristic elements in a world where both co-exist. Meanwhile, LIVEHUMANSUBJECT, led by Roger Ng and Qin Ai Xin from Singapore, inspired by Legend of Bujang Senang, examines the complex interplay between man, machine, and the cosmos through moving images and automated systems.

    In addition to professional submissions, TERANG 2024 has attracted participation from students at leading institutions such as DASEIN Academy of Art, INTI International University & College, The One Academy, Universiti Teknologi MARA (UiTM), Universiti Tunku Abdul Rahman (UTAR), Bandung Institute of Technology, BINUS University, Multimedia Nusantara University, and Sampoerna University Jakarta. 

    The projection mapping artworks at TERANG 2024 will be evaluated by a distinguished panel of judges, including Fasyali Fadzly, researcher at My Art Memory Project, ASWARA (Malaysia); Ady Setyawan, Festival Director of ITB Light Festival (Indonesia); Pongamorn Olanrungsikul (TUA) Founder and Creative Director of MotionHouse, (Thailand); and Michiyuki Ishita, Creative Director of 1minute Projection Mapping, (Japan). In addition to this, visitors at MaTiC can be part of the creative process by casting their votes for the “People Choice Award”. Simply explore the illuminated MaTiC, scan the on-site QR codes, and vote for the artworks that resonate most with you! 

    “Building on last year’s momentum, TERANG 2024 has gained even stronger support and enthusiasm from our community and partners, both locally and regionally. Alongside showcasing innovative works that are unique to the Southeast Asia narrative, we want to lead the way in creating opportunities for artistic exploration of how our cultural identity could evolve tomorrow through today’s technology,” said Abdul Shakir , organiser of TERANG and co-founder of Filamen.

    TERANG SHOWCASE AT KREATIF KL

    While MaTiC remains the heart of TERANG 2024, the experience extends to the Old High Court next to Masjid Jamek from October 30th until November 3rd, 2024, as part of the Kreatif KL Festival. This special showcase will feature a selection of award-winning and finalist projection mapping works from TERANG 2023, offering visitors a journey from colonial heritage to the Islamic architectural beauty of Masjid Jamek. The continuation reflects TERANG’s commitment to the sustainability and longevity of its artworks. Featured projection artists include Malaysia’s Seeing Arterlier, NEXMedia, Zhonkvision, Lunartic Studio, alongside Indonesia’s Story of Karana and Fearmos. 

    TERANG 2024 is organised by Filamen and Pixel World, co-organised by the Ministry of Tourism, Arts and Culture, ASWARA and the Malaysia Tourism Centre (MaTiC) which has supported TERANG since 2023. This event is also made possible by projection partner EPSON Malaysia and MyCreativeVenture, Think City and RUBIX Communications. 

    The TERANG 2024 is free and open to the public from 8:00pm to 11:00pm until 20 October 2024. Join us on a journey where history, art and innovation converge.  For the latest updates about TERANG, follow us @wearefilamen on Facebook and Instagram.

  • Singapore at a Discount: MITI Deputy Minister Highlights Malaysia’s Strategic Advantages at Rotary Club Event

    Kuala Lumpur — The Deputy Minister of Investment, Trade and Industry (MITI) was present at The Rotary Club of Malaysia’s Group 12 Interclubs Meeting, which seeks to promote a better and deeper understanding on Malaysia’s competitive economic landscape. Attended by more than 100 Rotarians and guests, the event focused on discussing the country’s economic landscape and future prospects, drawing on Liew’s latest publication entitled the Second Takeoff.

    In his keynote address, Liew emphasised the country’s strategic advantages in the shifting global manufacturing paradigm as he pointed out that higher-end manufacturing plants are increasingly establishing operations in Malaysia, which positions the country as a competitive player in Southeast Asia.

    Challenging the perceptions of Malaysia as merely “Vietname plus,” Liew suggested that it should be instead viewed as “Singapore at a discount” due to the country’s strong infrastructure, common law framework, and significantly lower costs of living and doing business compared to Singapore.

    “Knight Frank recently reported that office rentals in Central Prime Territory Kuala Lumpur are just 15% of those in Singapore—an 85% discount,” Liew noted, illustrating Malaysia’s competitive edge.

    Addressing concerns about talent availability in Malaysia, Liew acknowledged that the challenge lies not in a shortage of skilled workers but in wage competitiveness. He argued that as investment flows into the country, companies will be compelled to offer higher wages to attract and retain talent. “When you compete for workers, you’re prepared to pay more,” he stated.

    Liew highlighted that discussions on talent often overlook valuable sources, such as women. With women comprising 65% of public university enrolments and holding a significant portion of civil service and leadership roles, he encouraged a broader perspective on talent cultivation.

    The Deputy Minister also addressed the paradox of over a million Malaysians working in Singapore, often in roles that do not reflect their qualifications. He suggested that Malaysian employers could attract returning talent by offering competitive wages—around two-thirds of what is offered in Singapore. “If a 30-year-old engineer in Penang is offered a comparable salary, many would seriously consider returning,” he remarked.

    The evening concluded with a lively Q&A session, allowing attendees to engage directly with Liew on various topics, reinforcing the Rotary Club’s commitment to fostering dialogue on national and economic issues.

  • Theta Edge Berhad forms Strategic Partnership to Deliver Mobility as a Service

    Theta Edge Berhad forms Strategic Partnership to Deliver Mobility as a Service

    Kuala Lumpur, 07 October 2024 – Theta Edge Berhad (Theta or the Company), a leading ICT company listed on the Main Board of Bursa Malaysia with over 30 years of experience, continues its transformation journey by expanding into urban mobility. In line with the company’s strategic objectives of driving long-term shareholder value, Theta is leveraging its expertise in civil mechanical engineering, telecommunications, and technology to introduce Mobility as a Service (MaaS) with the aim of enhancing urban mobility and sustainability.

    Building a Sustainable Future: LRT & ART Integration

    As part of its commitment to building a sustainable future, Theta, in collaboration with the Nylex Consortium, offers a capex efficient integrated solution in the form of Light Rail Transit (LRT) and Autonomous Rapid Transit (ART) system in Johor Bahru. This innovative hybrid public transport solution is designed to offer efficient, scalable, and flexible mobility options to the city’s growing population. 

    Leveraging Expertise for Impactful Results

    The strategic partners potentially involved in this collaboration bring a wealth of experience and proven expertise in executing large-scale rail projects both locally and internationally. Highlights include:

    1. China Harbour Engineering Company Limited – Currently engaged in building Malaysia’s Rapid Transit System (RTS) and East Coast Rail Link (ECRL).
    2. China Energy International Group Company Limited – Leading the ART pilot project in Istanbul, with a 40 km route and 37 stations, integrating with a metrobus system that serves about 1 million passengers daily.
    3. BTS Group Holdings PCL – A proven leader in Bangkok’s Mass Rapid Transit (MRT) system, operating six MRT Skytrain lines for over 25 years and recognized globally as the most sustainable Transportation & Transportation Services company by the Dow Jones Sustainability Index for four consecutive years.

    Driving Innovation and Collaboration

    Datuk Nuraslina Zainal Abidin, CEO of Theta Edge, commented, “We are excited to collaborate with renowned partners who bring not only their expertise but also cutting-edge technology and experience. Together, we aim to deliver a truly innovative and sustainable Mobility as a Service (MaaS) solution that will positively transform urban mobility. This project is a key part of our vision to create a technologically advanced and connected future.”

    The integration of the LRT and ART systems will complement the upcoming RTS, scheduled to be fully operational by January 2027. This hybrid transport solution is expected to cater to both local and Singaporean ridership, addressing future demand while improving the overall passenger experience.

    Why an Integrated Approach?

    The hybrid LRT-ART system presents several significant advantages:

    1. Efficiency: ART will enhance LRT and RTS by reducing congestion and waiting times.
    2. Accessibility: The system is designed to serve both high- and low-density areas, expanding transport options for a wider range of commuters.
    3. Cost-effectiveness: The hybrid solution reduces construction and operational costs while offering a sustainable long-term transportation strategy.
    4. Scalability: Designed to grow with the city’s population and urban development.

    Contributing to Malaysia’s Sustainable Goals

    Theta Edge’s involvement in this project is aligned with its 5-year strategic value creation plan, which emphasizes continuous innovation, strong partnerships, and sustainability. The Johor Bahru LRT-ART project also supports Malaysia’s Twelfth Malaysia Plan and its commitment to achieving net-zero greenhouse gas emissions by 2050.

    By leveraging the collective expertise within both consortiums, this collaboration is poised to deliver a cutting-edge transportation system that will significantly enhance urban mobility, contribute to economic growth, and improve the quality of life for residents in Johor Bahru.

  • Pertama Digital Berhad Charts a Transformative Course: Key Strategic Partnerships and Growth Roadmap Unveiled

    Pertama Digital Berhad Charts a Transformative Course: Key Strategic Partnerships and Growth Roadmap Unveiled

    Kuala Lumpur, 3 October 2024 — Pertama Digital Berhad (“PDB”), a public-listed company at the forefront of Malaysia’s digital transformation, today provides a comprehensive update on its growth trajectory and strategic developments. While Executive Director Sabri Ab Rahman is unaware of the reasons behind the recent dip in stock prices, he assures stakeholders that PDB remains strong and well-positioned for sustainable growth.

    These developments reflect the company’s solid financial standing, strategic partnerships, and innovative product offerings as it enters its next phase of growth.

    Financial Fundamentals and Positive Trajectory

    PDB is firmly anchored by strong financial fundamentals, supported by a capable team operating in a dynamic digital solutions space with significant growth potential. In recent months, the company successfully reversed its previous quarter’s negative results, with new product lines making a marked contribution to performance.

    “We are proud to have moved into a positive trajectory, driven by our team’s hard work and the growing impact of our innovative digital offerings. We’ve also completed a strategic cost-cutting exercise and streamlined our operations to ensure healthy cash flow,” said Sabri Ab Rahman, Executive Director of Pertama Digital Berhad. “Today, PDB is operating more efficiently and is well-positioned to deliver sustainable growth without the need for external funding.”

    Regularisation Plan and Acquisition Opportunity

    PDB has received an extension of time (EOT) from Bursa Malaysia to submit its regularisation plan by the first week of February 2025. This extension allows PDB to finalise several key initiatives, including the proposed acquisition of a controlling stake in Kridentia Tech Sdn Bhd (KT). KT, a well-established company with strong government contracts, boasts impressive top-line performance, sound EBITDA, and consistent profitability.

    “This acquisition is pivotal for our growth projections for 2025. KT’s proven track record and capabilities align seamlessly with PDB’s vision, and we’re eager to finalise this deal as part of our broader regularisation plan,” Sabri explained. “We expect to submit the full plan before the end of this year, well ahead of the extended deadline.”

    Strategic Leadership and Organisational Strength

    As PDB charts its path forward, Sabri Ab Rahman has taken the helm as Executive Director, working closely with Joshua who played a pivotal role in developing the MVP for eJamin, the company’s flagship digital bail payment solution, which was launched in 2020.

    Reflecting on the company’s leadership developments, Sabri noted, “Our leadership team is stronger than ever. Recent changes at the board, including Encik Mohd Reza Mohd Hatta’s departure before his confirmation period to pursue a lucrative opportunity, were part of a strategic move to align our leadership with PDB’s evolving needs. We continue to drive forward with a dedicated core team, including Joshua and our board, ensuring strategic continuity and positioning the company for future growth.

    Product Highlights and Expansion

    PDB is rapidly advancing its suite of digital products, with several exciting developments on the horizon:

    • eJamin – The company is in the final stages of discussions with the Palace of Justice (POJ) to formalise a long-term contract for eJamin, a critically-needed digital bail payment platform. “eJamin has transformed bail payment in Malaysia, and we expect a positive outcome from POJ soon,” Sabri said.
    • KOCEK – DVSB is expanding its coin conversion service, KOCEK, across Malaysia. The company is close to finalising a working collaboration with a leading local bank to increase service touchpoints nationwide.
    • MyPay as a Business Solution – DVSB recently signed a Memorandum of Understanding (MOU) with Gabungan Persatuan-Persatuan Penjaja dan Peniaga Kecil Melayu Malaysia (GPPPPKMM) ,representing 450,000 small traders and hawkers. Through MyPay, these members will gain access to digital business tools, financial assistance, and grants for business expansion, developed in partnership with financial institutions. “This partnership empowers small business owners across the country, helping them embrace digital transformation and gain access to financial support,” Sabri highlighted.
    • PTPTN Student Loan Services – MyPay continues to be a trusted platform for PTPTN loan repayments, and DVSB is in discussions to further expand this mutually beneficial relationship. Recent enhancements have improved the platform’s user experience, streamlining loan repayment for borrowers.
    • MyDigital ID – PDB, through DVSB, is actively assisting MyDigital ID in improving their existing product by enhancing user experience and ensuring seamless integration with high-traffic government agency platforms. Furthermore, PDB is supporting MyDigital ID in their onboarding efforts for the public, government and private businesses, reinforcing our commitment to driving digital inclusion.

      A Transformative Future for Pertama Digital Berhad

      As Pertama Digital Berhad navigates this transformative period, the company is committed to delivering long-term value for shareholders and the broader ecosystem. Sabri Rahman emphasised, “Our roadmap for growth, operational efficiency, and stakeholder value is clear. PDB is well-positioned to lead the digital solutions space in Malaysia, with innovation and inclusivity at the core of everything we do.”

      PDB remains dedicated to driving sustainable results through its strategic partnerships, innovative product portfolio, and continued operational excellence.

  • RMFLS 2024: Malaysians’ Financial Well-being Improves, but Digital Financial Literacy Still Crucial

    On 26 September 2024, RinggitPlus released the results of the 2024 Malaysian Financial Literacy Survey (RMFLS), an annual study examining Malaysians’ financial habits, challenges and outlook.

    This year’s results found improvements across multiple key indicators, with signs of upward swings for financial security and well-being – but also underscored a continuous growing need for enhanced digital financial literacy nationwide.

    Fewer Scam Attempts, but Vigilance Remains a Priority

    In 2024, more than one-third of Malaysians (38%) reported encountering fewer financial fraud or scam attempts compared to last year, with the overall number of those who experienced such attempts dropping to 86% from the whopping 94% reported in 2023.

    This marks a significant improvement, proving that the anti-scam awareness efforts driven by Malaysia’s governing bodies are bearing fruit. Indeed, 56% of respondents credited the nationwide Jangan Kena Scam awareness campaign for helping them avoid falling victim to financial fraud.

    While this is a positive move in the right direction, more needs to be done to safeguard Malaysians. The RMFLS survey also found that up to 32% of Malaysians admitted to uncertainty or a lack of knowledge about what actions to take or whom to contact in the face of common financial scam scenarios, including impersonation scams or fraudulent transaction notifications.

    This highlights an ongoing vulnerability that must be addressed, particularly as digitalization grows and Malaysians are increasingly embracing digital tools in their personal finances: 95% of respondents use at least one e-wallet (up from 91% in 2023 and 89% in 2022). Meanwhile, 45% hold an account with at least one digital bank, and 26% plan to open one in the near future. Online insurance and takaful purchases are also on the rise, with 29% preferring this method.

    Notably, reliance on social media as a primary source of financial information is increasingly apparent, with trust scores for social platforms rising from 3.7 to 4.0 year-on-year. There is an urgent need to enhance digital financial literacy and ensure Malaysians have the resources they need to combat misinformation and fraud.

    A Turning Point for Malaysian Financial Well-being

    For the first time since COVID-19, three key metrics in RMFLS saw positive trends. The first is that Malaysians are starting to save more each month – with the number of respondents who save more than RM500 per month increasing to 33% (vs 29% in 2023). Additionally, 39% of respondents stated they could survive for four months or more in the event of income loss, up from 33% last year. Lastly, 47% of Malaysians reported better financial conditions than last year.

    Another highlight is how Malaysian women have become less vulnerable financially, showing improvements year-on-year in important metrics: a 3% increase in women saving more than RM500 a month, an 8% increase in those who can survive without a job for four months or more, a 3% decrease in women living paycheck to paycheck, and a 6% increase in women who have started financially planning for retirement.

    While gradual, these are promising indicators of change, though more effort is needed to sustain this trend and achieve greater financial parity between Malaysian women and men.

    The survey also found that many are adopting responsible financial habits, cutting back on expenses and initiating retirement planning. Withdrawals from EPF Akaun Fleksibel are for essential needs, such as repaying debts and managing cost of living expenses.

    Despite these improvements, 55% of respondents remain anxious or frustrated about their finances, highlighting the need for continued financial discipline. Nonetheless, these findings mark a potential turning point in financial well-being for many Malaysians, which will hopefully maintain an upward trajectory in the future.

    “RMFLS 2024 reflects encouraging progress in Malaysians’ financial well-being and literacy levels, especially among women. However, as we advance toward becoming a high-income nation, it is essential that we equip the rakyat with the right knowledge and tools they need not just to survive, but thrive in this increasingly digital world,” said Yuen Tuck Siew, CEO of RinggitPlus.

    “At RinggitPlus, we are committed to helping Malaysians tackle their unique financial challenges. Through collaborations with our RMFLS partners, we aim to create focused, relevant and timely content shaped by the survey insights, expanding our reach to educate more Malaysians. We are also enhancing our product and services to drive greater financial inclusivity and empowerment across the nation,” he concluded.

    For more information on the 2024 RinggitPlus Malaysian Financial Literacy Survey, visit RinggitPlus or RinggitPlus’ social media channels (Instagram, Facebook and TikTok).

  • MIHAS AWARDS 2024 RECOGNISES DIVERSE HALAL SECTOR CONTRIBUTIONS

    MIHAS AWARDS 2024 RECOGNISES DIVERSE HALAL SECTOR CONTRIBUTIONS

    KUALA LUMPUR, 20 SEPTEMBER 2024 – The Malaysia External Trade  Development Corporation (MATRADE) celebrates another significant milestone with  the 11th edition of the Malaysia International Halal Showcase (MIHAS) Awards, which  recognise outstanding contributions to the global halal industry. These awards  continue to set the benchmark for excellence, reflecting the growing importance of  sustainability and innovation in today’s dynamic halal market. 

    This year’s MIHAS Awards introduce a new category focusing on sustainability,  manifesting MATRADE’s dedication to supporting environmentally responsible and  socially conscientious company practices. The Sustainability Award recognises industry players who have successfully integrated sustainable practices into their  operations. It underscores MATRADE’s commitment to addressing climate change  and fostering sustainable development, particularly within the Halal sector. 

    The MIHAS Awards recognise industry leaders who excel in sustainability and  innovation across multiple sectors. Winners were selected by a distinguished panel of  judges, comprising experts from various industries and academia. The evaluation  process was rigorous, with candidates assessed on their commitment to sustainability,  market impact and strict adherence to Halal standards, the criteria that ensure the  awards highlight true trailblazers within the industry. 

    A notable increase in the 11th MIHAS Awards participation highlights the expanding  and diversifying landscape of the halal economy. The awards attracted a broad  spectrum of entries, with a strong representation from lifestyle halal and services  sectors. 

    MATRADE’s Chairman, Yang Berhormat Dato’ Seri Reezal Merican Naina  Merican, in his remarks said, “The impressive representation from Halal lifestyle  products and services sectors in this year’s awards clearly indicates the dynamism  and innovation that drive the Halal industry. Sectors such as cosmetics, personal care,  pharmaceuticals and biotechnology are embracing halal principles and setting new  benchmarks in the global market.” 

    Fourteen awards from three different categories such as the Product and Services  Excellence Award, Products and Services Innovative Awards, and the Sustainability  Awards were presented at the event. 

    Adabi Consumer Industries Sdn Bhd won the Product Excellence Award for its Halal  pet food, PowerCat, while HYT Cross Border Sdn Bhd brought home the Services  Excellence Award for its e-Commerce solutions. 

    Meanwhile, Callabio Manufacturing Sdn Bhd was recognised for its Halal certified  syrups. Its brand, Baristar, launched in 2023, offers uniquely flavoured syrups that  enhance drinks, foods and desserts with a Malaysian touch.  

    The Products Innovative Award was given to World Prominence Sdn Bhd for its Sudee  brand dry pastes, while the Services Innovative Award went to AFM Fulfillment (M)  Sdn Bhd for its advanced one-stop solution for e-commerce fulfilment. 

    The Sustainability Award was given to B-Crobes Marketing Sdn Bhd for its focus on  research driven innovation and sustainability to improve gut health and manage non communicable diseases effectively.  

    MATRADE’s strategic focus on sustainability and sectoral diversity aligns with the  National Halal Industry Master Plan, which seeks to position the country as a global  leader in innovation. The diversity of Halal clusters at MIHAS represents the versatility  and global appeal of Malaysia’s Halal industry, enhancing the nation’s standing as a  pivotal hub in the international Halal ecosystem. 

    “We are immensely proud of the diversity and quality of entries in this year’s MIHAS  Awards,” said Dato’ Seri Reezal Merican. “The broad range of products and services,  combined with strong commitment to sustainability practices, will drive the growth of  the global halal market, solidifying Malaysia’s role as a leader in global Halal industry.” 

  • Zurich Malaysia Earns Recognition for Digital Innovation and Customer-Centric Initiatives

    Zurich Malaysia Earns Recognition for Digital Innovation and Customer-Centric Initiatives

    KUALA LUMPUR, 11 September 2024 –Zurich Malaysia has been recognised with six prestigious
    awards at the Insurance Asia News Awards and the Asia Insurance Awards, showcasing the
    company’s commitment to digital innovation and customer-centric initiatives. These accolades
    highlight Zurich Malaysia’s leadership in the insurance and takaful sectors.

    Celebrating excellence at the Insurance Asia News Awards
    Zurich Malaysia was named Best Life Insurer, a testament to its dedication to providing exceptional
    life insurance and family takaful solutions. The company’s focus on sustainability, community
    engagement, and innovative product offerings has set it apart.

    Under the leadership of Junior Cho, Country CEO/Head of Zurich Malaysia, the company has
    prioritised customer needs and digital transformation. Junior expressed his gratitude for the
    Outstanding CEO Award, stating, “These awards are not just an acknowledgement of our past
    efforts but a motivation for us to continue pushing boundaries. This award is for the 1,500 Zurich
    employees across Malaysia who dedicate their efforts and hard work to putting our customers first.
    We remain dedicated to providing innovative solutions that meet the diverse needs of Malaysians,
    ensuring they are protected and empowered in all aspects of their lives.”

    Zurich Malaysia’s dedication to customer service was further recognised with the Outstanding
    Claims Management award. The company’s emphasis on swift, fair, and seamless claims processing
    has enhanced customer experience and fostered strong customer relationships.

    Showcasing customer-centricity at the Asia Insurance Awards
    Zurich Malaysia’s commitment to digital innovation has been a key driver of its success. The
    introduction of the Straight-Through Processing (STP) system has transformed how customers
    manage their investment-linked plans, enabling real-time adjustments and greater transparency. This
    initiative earned the Customer Service Initiative of the Year award, exemplifying Zurich Malaysia’s
    approach to making protection more accessible and user-friendly.

    Additionally, the company’s effort in improving the travel insurance claims process was acknowledged
    with the Travel Insurance Initiative of the Year award. By leveraging technology to reduce claims
    turnaround time, Zurich Malaysia ensures a seamless and efficient experience for customers.

    Zurich Malaysia’s “Care For What Matters” brand campaign, which bagged the Marketing Initiative
    of the Year, underscores the company’s dedication to supporting Malaysians during challenging
    times. The campaign not only resonated with the community’s desire for a brighter and more secure
    future but also reflected Zurich Malaysia’s deep understanding of the pressures faced by individuals
    and families, such as rising living costs and emotional stress.

    Junior Cho, Country CEO/Head of Zurich Malaysia said “Moving forward, we will continue building
    on these achievements by focusing on digital innovation, customer experience, and community
    engagement, ensuring that these priorities remain at the forefront of the insurance and takaful
    landscape in Malaysia. Our mission is to support Malaysians through thick and thin, helping them care
    for what matters most.”

    About Zurich Malaysia
    Zurich Malaysia is a collective reference term for the Zurich Insurance Group (Zurich) business
    subsidiaries operating in Malaysia: Zurich General Insurance Malaysia Berhad, Zurich Life Insurance
    Malaysia Berhad, Zurich General Takaful Malaysia Berhad and Zurich Takaful Malaysia Berhad.
    Zurich Malaysia offers a broad range of comprehensive insurance and takaful solutions; helping
    individuals as well as business owners understand and protect themselves, their businesses and their
    assets from risk. Zurich Malaysia has an integrated branch network in major cities nationwide as well
    as dedicated agency and distribution channels nationwide to serve the needs of its customers. For
    further information on Zurich Malaysia, visit www.zurich.com.my.

  • The Haven Resort Announces its Collaboration with TUI Blue

    On 9 September 2024, The Haven Resort announced its strategic collaboration with TUI BLUE, a leading international hotel chain, to improve the marketing and management of its esteemed property. This marks a new chapter for The Haven Resort in its efforts in delivering exceptional hospitality experiences. This collaboration merges The Haven Resort’s commitment to personalised luxury and TUI BLUE’s innovative approach to modern hotel management. Guests can expect the same warm and welcoming atmosphere, now enhanced by TUI BLUE’s signature touches, including a focus on exceptional services, sustainability, and tailored guest experiences.

    The collaboration with TUI BLUE will elevate the quality and service of The Haven Resort and enhance it as a destination that meets the growing demands of today’s global travellers. The partnership with TUI BLUE brings a wealth of expertise, with an emphasis on high-quality service, outstanding dining, and a broad range of leisure activities.

    Mr. Peter Chan, CEO of The Haven, says, “I am pleased to announce the collaboration of The Haven with TUI BLUE, Germany. This has come about after 2 years of discussion. With The Haven Resort, we have thus far attracted more than 140,000 foreign tourists from over 100 countries to stay with us in Ipoh. With the branding and expertise of TUI BLUE, we can comfortably expect extensive growth in the years to come.”

    Mr. Artur Gerber, CEO of TUI BLUE, says, “It is with immense gratitude and excitement that I stand before you today at this grand opening of TUI BLUE The Haven Ipoh. Today marks a significant milestone and landmark occasion for the TUI BLUE brand as we proudly launch our first TUI BLUE hotel in Malaysia, right here in the enchanting city of Ipoh. I extend my heartfelt thanks to Mr. Chan, whose unwavering belief in our brand has been instrumental in bringing this vision to life. As we embark on this exciting journey together, I am confident that TUI BLUE The Haven Ipoh will set new standards of excellence in hospitality.”

    Mr. Jan Noether, Executive Director of The Malaysian-German Chamber of Commerce and Industry (MGCC), says, “”I had in the past passed by Ipoh three times on my way to Penang. It is my first time in Ipoh and I am in heaven! It is really fantastic. I had the pleasure to spend the first hour here with Mr. Chan. This place is really really remarkable.” Regarding TUI, he provides the following information, “TUI is the biggest tour operator in the world. They have 19 million customers a year, 400 over hotels and resorts, 17 cruise ships, 5 airlines with 130 aircrafts, 1,200 travel agencies, and employees all over the world for its operation spans over 140 countries. We are very proud to have TUI BLUE in Ipoh, their very first venture in Malaysia. And I am certain, as part of the Malaysian-German Chamber of Commerce and Industry, that there are more ventures to come. I wish you all the success in your future endeavours.”

    Dato’ Rumaizi bin Baharin @ Md Daud, The Mayor of Ipoh, says, “I am pleased to confirm that this partnership marks TUI BLUE’s inaugural entry into Malaysia and Singapore. I am confident that the collaboration between TUI BLUE and The Haven will be highly successful and will pave the way for TUI BLUE’s rapid expansion across Malaysia and Singapore, while The Haven extends its presence to Bintan, Indonesia. I would like to commend TUI BLUE for its astute choice. The Haven Ipoh is an exceptional resort, and Ipoh’s location is unmatched for such a development. Tourist arrivals to Ipoh have been increasing, and with TUI BLUE’s extensive network and connectivity, we anticipate a significant rise in tourism to Ipoh and Malaysia in the coming years.”

    He adds, “I fully endorse Mr. Peter Chan’s view that Ipoh is an ideal resort destination. I extend my congratulations to The Haven and TUI BLUE for recognising these benefits and choosing this location to promote your resort globally.”

    About TUI BLUE
    TUI BLUE offers experience-oriented lifestyle travellers a hotel product tailored to their individual needs – for adults, families or holidaymakers interested in local culture and authentic experiences. BLUE Guides provide great hospitality with a personal touch and the BLUE App offers guests lots of activities at their choice. The experiences are tailored for all ages and range from entertainment in a relaxed atmosphere to a holistic fitness and well-being programme as well as a variety of excursions. TUI BLUE hotels stand for food experiences with a local touch, including authentic regional dishes while also catering for all dietary needs or nutrition plans. The hotel brand has more than 90 hotels worldwide and expanding its portfolio with a strong focus on Asia, the Middle East and Africa. TUI BLUE is a global brand of TUI Hotels & Resorts‘ leading leisure hotel portfolio. This collaboration with The Haven Resorts is the first maiden project into Malaysia and Singapore.

    About TUI Group
    The TUI Group is one of the world’s leading tourism groups and operates worldwide. The Group is headquartered in Germany. TUI shares are listed in the MDAX index of the Frankfurt Stock Exchange and in the regulated market of the Lower Saxony Stock Exchange in Hanover. TUI Group offers its 19 million customers integrated services from a single source and forms the entire tourism value chain under one roof. The Group owns over 400 hotels and resorts with premium brands such as RIU, TUI BLUE and Robinson and 16 cruise ships, ranging from the MS Europa and MS Europa 2 in the luxury class and expedition ships in the HANSEATIC class to the Mein Schiff fleet of TUI Cruises and cruise ships operated by Marella Cruises in the UK. The Group also includes Europe’s leading tour operator brands and online marketing platforms, for example for hotel-only or flight-only offers, five airlines with more than 130 modern medium- and long-haul aircraft and around 1,200 travel agencies. In addition to expanding its core business with hotels and cruises via successful joint ventures and activities in vacation destinations, TUI is increasingly focusing on the expansion of digital platforms. The Group is transforming itself into a global tourism platform company.

    About The Haven
    The Haven is an award-winning and unique resort-style hotel situated on the edge of a virgin forest, with an ever-flowing lake and a 280-million-year-old limestone outcrop 15 minutes from the city center of Ipoh, Malaysia. The luxurious resort consists of 150 suites with lavish facilities, including a specially designed seahorse-shaped 5-level swimming pool, 600m jogging track, clubhouse, restaurant, spa, sports facilities and helipad. A place with everything for everyone, The Haven is a sanctuary for those looking to escape the hustle and bustle of city life with activities that cater to families, couples, outdoor enthusiasts, foodies and more.

    About The Haven Group
    The Haven development is the brainchild of Peter Chan and Amy Lau of The Haven Group of Companies. Boasting over 20 years of experience in property development and operations, they are committed to excellence and building and maintaining relationships. The concept of The Haven is an informal family resort, catering to all ages, all races and nationalities. Security, service, facilities and food are its main emphasis. With its one-of-a-kind location, specially curated offerings and future expansion plans, The Haven aims to champion Perak and Malaysian tourism and boost the local economy by attracting tourists from all over the globe.

     

  • ACCA and Johor Corporation Sign Letter of Collaboration to Enhance Talent Development and Professional Qualification

    ACCA and Johor Corporation Sign Letter of Collaboration to Enhance Talent Development and Professional Qualification

    JOHOR BAHRU, Friday, 6 September 2024: The Association of Chartered Certified Accountants
    (ACCA) and Johor Corporation (JCorp) have formalised a strategic partnership with the signing of a
    Letter of Collaboration (LoC) aimed at advancing talent recruitment and capacity building within JCorp’s
    group. The signing ceremony was held during the visit of ACCA’s Chief Executive, Helen Brand, as part
    of her tour of Singapore and Malaysia in celebration of ACCA’s 88th anniversary in this region.

    The LoC, signed by Andrew Lim, Portfolio Head of ACCA Maritime Southeast Asia, and Rozaini Mohd
    Sani, Chief Financial Officer of Johor Corporation, outlines an agreement to work together on a broader
    talent agenda. This partnership focuses on quality recruitment and upskilling initiatives to produce more
    professionally qualified accountants within JCorp and its group of companies.

    This partnership builds on the decade-long relationship between ACCA and JCorp and continues to
    support the development of a skilled and job-ready workforce, positioning JCorp as a leader in talent
    development within Malaysia’s dynamic business landscape.

    Helen Brand, Chief Executive of ACCA, said: “This collaboration with Johor Corporation reflects our
    shared commitment to building a robust pipeline of talent that will drive positive change in the country.
    Together, we are nurturing future-ready finance professionals who are equipped with both technical
    proficiency and a deep understanding of sustainability and ethical leadership.”

    Key areas of collaboration include joint efforts to develop strategies that promote continuous professional development preparing future leaders for successful careers in accountancy and finance. The partnership also emphasises leveraging ACCA’s learning resources and professional networks to support these objectives.

    Rozaini Mohd Sani, Chief Financial Officer of Johor Corporation, said: “Our partnership with ACCA
    is an important step in enhancing our ability to attract and develop top-tier finance professionals who are
    ready to meet the evolving demands of the industry. This aligns with our broader commitment to
    excellence in financial management and sustainable business practices.”

    About ACCA
    We are ACCA (the Association of Chartered Certified Accountants), a globally recognised professional
    accountancy body providing qualifications and advancing standards in accountancy worldwide.

    Founded in 1904 to widen access to the accountancy profession, we’ve long championed inclusion and
    today proudly support a diverse community of over 252,500 members and 526,000 future members in
    180 countries.

    Our forward-looking qualifications, continuous learning and insights are respected and valued by
    employers in every sector. They equip individuals with the business and finance expertise and ethical
    judgment to create, protect, and report the sustainable value delivered by organisations and economies.

    Guided by our purpose and values, our ambition is to lead the accountancy profession for a changed
    world. Partnering with policymakers, standard setters, the donor community, educators and other
    accountancy bodies, we’re strengthening and building a profession that drives a sustainable future for
    all.

    Find out more at: www.accaglobal.com