Maybank is expecting an increase of at least 25% in the number of e-Ang Pow transactions this Chinese New Year compared to 15,000 transactions valued at over RM1.6 million in 2016.
Maybank Group Head of Community Financial Services, Datuk Lim Hong Tat said that the Bank was confident that its e-Ang Pow service would gain traction this year, given the increasing acceptance among the public for this service.
PIKOM announced recently the formation of the new E-Commerce chapter aimed at creating a vibrant E-Commerce ecosystem in Malaysia that is globally competitive.
The new chapter is a timely initiative as E-Commerce in Malaysia is at the cusp of incredible growth said PIKOM chairman Chin Chee Seong.
Malaysia is not in retreat despite the rising protectionist sentiments in a number of countries, said the Minister of International Trade and Industry, Datuk Seri Mustapa Mohamed in Davos, Switzerland recently.
“We remain open for business. Foreign investments have played a major role in our economic development and we will continue to welcome high quality investments, especially in the catalytic subsectors namely chemicals, electrical & electronics (E&E), and machinery & equipment (M&E), as well as other high potential growth areas including aerospace, medical devices and digital economy,” he assured the international community during a business luncheon held in conjunction with the World Economic Forum (WEF)