Cyberview Leads Cyberjaya Malaysia SME Technopreneurs to Dubai GITEX 2014

CYBERJAYA, Malaysia, Oct.15, 2014 /PRNewswire/ — Malaysia will showcase two of its top Technology SMEs – CRUiSE GPS SYSTEMS SDN BHD & TERATO TECH SDN BHD from Cyberjaya, the emerging Global Technology Hub; led by Cyberview Sdn Bhd. With a mission to explore market opportunities, meeting global technology players for potential business investments and partnerships, Cyberjaya SMEs will leverage on GITEX Technology Week 2014 as it is the ICT gateway to the Middle East and South Asian Region. It is scheduled to take place at Dubai World Trade Centre.

Music, technology and gaming at Cyberjaya festival

Cyberjaya Creative Playground (#CJPlayground) is a three-day festival that brings together an international panel forum featuring technologists and entrepreneurs, gaming and live music by OAG, An Honest Mistake and others. The Cyberjaya Creative Playground, #CJPlayground will take place from Nov 14 to Nov 16 2014 at the Lim Kok Wing University of Creative Technology and Multimedia University (MMU) and will be hosted by Cyberview Sdn Bhd.

Malaysia’s 2015 budget brings good tidings for local entrepreneurship (INFOGRAPHIC)

Yesterday, Prime Minister Najib Razak presented his plans for Malaysia’s 2015 budget, among which were a slew of measures pertaining to entrepreneurship. According to Digital News Asia , he identified human capital development and entrepreneurship as one of seven core strategies to drive the country’s progress. The most notable initiative aimed at encouraging local entrepreneurship is the funds of up to MYR500 million (US$153 million) earmarked by governmental agency TEKUN for entrepreneurship, of which MYR350 million (US$107 million) will go to the local Bumiputera – those of the Malay race – entrepreneurs.

Aussie e-commerce merchant expands into Singapore, Hong Kong and Malaysia

Australian e-commerce merchant, eWAY, has expanded its global business into Singapore, Hong Kong and Malaysia. The launch adds three more countries to eWAY’s growing global operations and now supports businesses operating across Australia, New Zealand, the United Kingdom, Singapore, Hong Kong, and Malaysia. Since launching, the company has processed more than 110 million transactions worth $15 billion for more than16,000 active businesses both large and small.

CEO Cheryl Yeoh lays out MaGIC’s ingredients, from Malay

KUALA LUMPUR, Sept 12 — The Malaysian Global Innovation and Creativity Centre (MaGIC) was officially launched in April, envisioned as a one-stop shop for entrepreneurship and tasked with building up the ecosystem in the country. After months of head-hunting and speculation, the Malaysian Government announced it had appointed as chief executive officer Cheryl Yeoh, a Malaysian entrepreneur who had launched a startup in New York, made it in Silicon Valley and saw it sold off WalMart Labs, the investment arm of the US retail giant.

Digerati50: Turning chance into a thriving business

KUALA LUMPUR, Sept 1 ― Just about anyone who has made an online transaction in Malaysia would have, whether they knew it or not, engaged with payment gateway provider iPay88. The brainchild of entrepreneur Lim Kok Hing, iPay88 has a simple mission: To enable more businesses to be more innovative and efficient with their payment collections, by eliminating the manual work of payment collections, and thereby boosting local merchants’ operational efficiencies.   But how did Kok Hing, or K.H. as he’s better known, get into this game in the first place?

MyEG optimistic of another good year ahead

KUALA LUMPUR, Aug 27 ― MyEG Services Bhd (MyEG), one of the biggest Internet services companies listed in Malaysia, is optimistic about its growth prospects for the financial year ahead ending June 30, 2015, after it delivered another good run with its recent full year financial results. The e-government services provider, which saw full-year net profits jump 43 per cent to RM50.11 million, expects growth next year to be driven by new services as well as expanding volume of its existing services, on the back of an extension of its concession period with the Malaysian Government.

The wireless giant in Telekom Malaysia awakens

AUG 14 — On August 8, the country’s largest telco Telekom Malaysia (TM) launched its first 4G (Fourth Generation) wireless broadband offering, known as TMgo, in the northern state of Kedah. As reported by Digital News Asia (DNA), TMgo is TM’s effort to provide what in industry parlance is known as fixed-mobile broadband – or nomadic broadband – through the use of Long Term Evolution (LTE) technology and specialised mobile dongles and modems.

China Mobile May Acquire 20% Stake In Malaysian Carrier

China Mobile is reportedly negotiating with Axiata Group Bhd, a leading mobile operator in Malaysia, to acquire a 20% stake in the Malaysian firm. Calculating with Axiata’s latest closing price, China Mobile needs to pay about USD3.7 billion for the 20% stake. So far, the two parties have not yet reached any agreement, according to reports in foreign media. Axiata and its controlling shareholder Khazanah Nasional Bhd are reluctant to sell that large amount of shares; meanwhile, the price offered by China Mobile is reportedly too low. Khazanah, a Malaysian national investment company, currently owns a 38.8% stake in Axiata.

Malaysia to study whether Facebook should be blocked

KUALA LUMPUR: The Malaysian government will study whether it is necessary to block Facebook following a case of abuse involving the social website, said Communication and Multimedia Minister Datuk Seri Ahmad Shabery Cheek. He said his ministry was conducting studies to gather public views on the matter. “If the people are of the opinion that Facebook should be closed, we are prepared to look into the matter but it is a radical approach,” he told reporters after closing the Cheras Wanita Umno Delegates Meeting on Saturday (Aug 9).

Hitachi Sunway allots up to RM100m for M&A

PETALING JAYA: Information technology (IT) services and solutions provider Hitachi Sunway Information Systems Sdn Bhd has allocated RM50 million to RM100 million as seed fund for merger and acquisition activities in the next 12 months, said its group CEO and director Cheah Kok Hoong. “We’re looking at acquiring a variety of companies that can complement our business, it could be (companies related to) infrastructure and managed services (IMS) and end-to-end security solutions,” he told reporters at a press conference here yesterday.

LinkedIn: Malaysians lead region in wanting BFFs at work

Malaysian professionals value workplace relationships more than any other Asian country, says professional network LinkedIn’s Relationships @Work recent study. Over half (58%) of Malaysian professionals, especially those from Generation Y, believe friendships with colleagues make them happier at work.  Three out of five Gen-Yers report that socialising in-person with co-workers makes their working environment better, compared to only two out of five baby boomers.

20pc of Malaysian mobile users on LTE by 2019, says Ericsson #cloud Cloudcomputing

KUALA LUMPUR, June 27 — Ericsson expects LTE (Long-Term Evolution) subscribers to make up about one-fifth of Malaysia’s total mobile users by 2019, driven by growing demand for data and video. The figure may seem a bit low given that the smartphone penetration rate has already surpassed the 33 per cent mark, but Todd Ashton (pic), president of Ericsson Malaysia and Sri Lanka, begs to differ. Currently, fewer than 2 per cent of mobile subscribers are on LTE. So, to grow the base tenfold over the next five years is a good achievement.

Cybersecurity launches Outlet MyCyberSecurity Clinic

KUALA LUMPUR, June 17 — CyberSecurity Malaysia today launched the Outlet MyCyberSecurity Clinic (MyCSC), an initiative to provide services related to cyber security. In a statement today, CyberSecurity said they included digital forensic services, recovery of data, repair of hard disc and advisory services regarding cyber security and Internet. Minister of Science, Technology and Innovation, Datuk Dr Ewon Ebin, launched the services, it said.

Malaysia’s MobileAds nabs strategic investment, eyes US market

Penang-based rich media mobile ad creator startup, MobileAds (previously known as RichMobileAds) has a received an undisclosed strategic investment from Seattle-headquartered HasOffers. CEO and founder Alvin Koay couldn’t share the exact figure but did say it is a bridge round to its series A. The investment sum is six figures.

Aviation looks to the cloud, global framework in pipeline

KUALA LUMPUR, May 28 — Following a two-day ‘Expert Dialogue on Real-time Monitoring of Flight Data’ hosted in Kuala Lumpur (KL), members of the global aviation and telecommunications industries reached an agreement to develop a roadmap and initial framework for the implementation of real-time global flight monitoring.

In first Malaysia flash sale, Xiaomi sells 4,000 Mi3 smartphones in 17 minutes

Xiaomi sold 4,000 units of its flagship Mi3 smartphone in 17 minutes during the company’s inaugural flash sale in Malaysia, according to a Xiaomi spokesperson representing the company in Southeast Asia. It also sold 5,000 portable battery recharge packs, dubbed the Mi Power Bank. This is Xiaomi’s fifth country/region outside of mainland China, and its biggest market yet outside of the company’s homeland. While 4,000 phones in 17 minutes is nothing to scoff at, the Mi3 units sold markedly slower than in Hong Kong, Taiwan, and Singapore.

Dell targets ‘untapped’ storage market with SC4020

May 16, DELL Inc believes that its latest storage solution is the answer to what it said was a previously untapped market in Malaysia – the mid-market segment. According to KT Ong, Dell Malaysia general manager, the Dell Compellent SC4020 helps companies in the mid-market segment address their IT challenges in a “cost effective” manner.

Microgrids in Asia Pacific Will Reach Nearly $5.8 Billion in Annual Market Value by 2023, Forecasts Navigant Research

Several of the most heavily populated countries in the Asia Pacific region, including China, India, Indonesia, and Malaysia, are experiencing unprecedented rates of rural electrification. Meeting the increased demand for both power and grid services across the region will require innovative approaches, including microgrids that are capable of operating in isolation from (or in the absence of) the wider power grid. Click to tweet: According to a new report from Navigant Research, the microgrid market in Asia Pacific will grow from $778 million in 2014 to nearly $5.8 billion in 2023.

Amazon Web Services: The cloud is an inevitable force – from KL

KUALA LUMPUR, May 5 — The cloud computing paradigm shift is an undeniable and unstoppable force driven by the competitive needs of businesses and while there are still some impediments that stand in the way of full adoption, its acceptance will eventually happen, says the top executive of a major cloud player.  Dr Werner Vogels, chief technology officer of Amazon Web Services (AWS) Inc, says companies – both big and small – can no longer afford to consider the cloud as a ‘nice to have,’ and those that do will stand to lose out in a big way.