Kuala Lumpur, 02 March 2021
Experian Information Services (Malaysia) today released its analysis of consumer credit score trends and credit facility utilisation of Malaysians for the period 2018-2020. This study also revealed the shifts in credit worthiness of Malaysians by age groups using Experian’s i-SCORE credit risk assessment.
Experian i-SCORE is a consumer credit score in Malaysia. It is based on the statistical analysis of a consumer’s credit files to derive a numerical score ranging from 300 to 800 to represent the credit worthiness of the individual at a point in time. Unique to each individual, a higher Experian i-SCORE indicates lower credit risk to lenders. Malaysian banks frequently use the Experian i-SCORE in their retail decisioning and portfolio management.
Experian i-SCOREs are categorised into Risk Grades from 1–10. Better Risk Grades are RG 8-10, while RG 1-4 imply higher risk.
Kuala Lumpur, 2 March 2021 – Astra Baby Group has been awarded the distribution and marketing rights for Bubs® in Malaysia. The partnership aims to introduce its premium quality organic infant products to the Malaysian market whilst further defines their vision to lead the evolution of the baby industry in multiple aspects across South East Asia. The collaboration makes Beatnk as their lead communication partner which covers strategic and creative communications, PR & Influence, and digital and social media.
Guided by the brand’s proposition of “Growing Generation Joy™”, Bubs® believes that every child deserves the best and the finest nutrition that would help in their overall growth to be healthy and happy whilst setting up a lifetime of good eating habits. Inspired by their mutual beliefs, the partnership seeks to celebrate the new generation of happy, healthy bubs through their wide range of high quality organic products and is pursuant to Astra Baby Group’s commitment to bring only of quality products both internationally and locally for the Malaysian market.
KUALA LUMPUR, Malaysia: 2 March 2021 - All-in-one HR, payroll and benefits platform, Employment Hero, today announced it has raised RM141.6 million in a Series D funding round to accelerate growth in Australia, and double-down on its international expansion strategy. The latest funding was led by return investor SEEK, with participation from previous backers, OneVentures and AirTree Ventures, as well as the company’s newest investor, Salesforce Ventures.
As part of its first wave of international roll out, Employment Hero successfully launched localised versions of its signature people, payroll and benefits solution in New Zealand, the United Kingdom, Malaysia and Singapore in late 2020. Funds raised from the Series D will support Employment Hero’s continued growth in these markets and facilitate a significant push across Southeast Asia, reinforcing the company’s mission to make employment easier and more rewarding for every SME on the planet.
