PETALING JAYA, 10 AUGUST 2020 - In the last few months, as a nation we were challenged by an undaunting giant - a pandemic that threatened our health, lifestyle as well as the nation’s economy. This Merdeka, Grab wants to rally Malaysians together and celebrate our tenacious spirit by supporting our neighbourhood businesses. These businesses have stood the test of time despite various hardships, and with support from Malaysians, we are confident they will thrive in this new normal.
“As the nation attempts to resume their daily routines, many are still grasping with the aftermath of the movement control period - especially the many businesses who are looking for further opportunities to sustain. Their strive and zeal to keep going truly encompasses the spirit of Merdeka and we want to encourage all Malaysians to celebrate them. We believe that everyone has a part to play in helping Malaysia rebuild her economy and we want to rally Malaysians together to support their favourite ‘local heroes’,” said Sean Goh, Managing Director of Grab Malaysia.
By Yeo Siang Tiong, General Manager for Southeast Asia at Kaspersky
Among the obvious effects of this pandemic is the rapid rise of online payment services and digital banking across Southeast Asia (SEA). Due to various social distancing restrictions, people from across the region now opt to avoid the brick-and-mortar bank branches deemed as a public space where coronavirus may flourish, in turn kicking off the increased use of the physically safer option --- e-wallets and mobile payment applications.
It is, however, far beyond surprising. As early as late 2019, before COVID19’s massive effect across SEA, I’ve read an article which revealed that online financial transactions in the region will be a $1 trillion business by 2025 and the digital wallet segment is set to jump fivefold at $114 billion during the same year.
[Kuala Lumpur, Malaysia, 6 August 2020] Huawei Technologies (Malaysia) Sdn. Bhd. (Huawei) and Infosyte Sdn. Bhd. (Infostye), a homegrown ICT company have signed a Memorandum of Understanding (MoU) as part of its Huawei Ascend AI Talent Cultivation program. The partnership strengthens the program’s mission to build an innovative and sustainable Artificial Intelligence (AI) ecosystem that enables a culture of digitalization and intelligent transformation in the Asia Pacific region.
“We are excited to start this new chapter in our ongoing partnership with Infosyte. Both companies are aligned with similar objectives to provide an immersive AI experience from theory to practical for developers to truly reap the benefits of AI. With more and more of these programs, AI will be able to penetrate more business across industries creating significant developments in the way we live and do business,” said Mr Eric Yue, AI Channel Director of Huawei Malaysia.
