Archive

Touch ‘n Go Promotes Praba Sangarajoo as New CEO

Touch ‘n Go had announced the appointment of Praba Sangarajoo as Chief Executive Officer (CEO), effective 1 April 2023. He is currently Deputy CEO, Business and Growth at Touch ‘n Go. Praba joined Touch ‘n Go in June 2021 and

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KPMG, MDEC Aims to Help 20 Malaysian Startups Achieve Unicorn Status by 2025

KPMG Malaysia will be supporting Malaysia Digital Economy Corporation’s (MDEC) Founders Centre of Excellence (FOX) programme to help Malaysian tech companies achieve unicorn status by 2025. Through this collaboration, KPMG will provide customised consulting and advisory support covering areas such

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Investors in Dato’ Vida’s LaVida Coin Demanding to Be Repaid RM59 Million

Dato’ Sri Vida, a beauty mogul and polarising figure on the Malaysian scene, is coming under heat as the investors of her ill-fated initial coin offering (ICO) LaVida Coin are demanding their money back. According to the Harian Metro, the

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Policies, Platforms, and People: BNM Highlights the Key to Malaysia’s Digital Future

Digitalisation has been pegged as a key attribute to spur economic recovery in Malaysia, and is being touted as a major force for continued growth in the latest World Bank Malaysia Economic Monitor report released last month. Titled ‘Expanding Malaysia’s

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Saturna Officially Launches Its Shariah-Compliant Digital Investment Platform

Shariah-compliant fintech firm Saturna has officially launched its digital investment platform which claims to not impose any sales or redemption charges as well as hidden fees. Saturna manages two shariah-compliant equity trust funds in Malaysia, namely the ICD Global Sustainable

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Touch ‘n Go Rolls Out Two More Insurance Products

Touch ‘n Go Group announced that it has launched 2 new insurance products, CI Insure and MotoInsure on its e-wallet in a bid to become a one-stop insurance hub. The CI Insure offering is a health insurance provided by AIA,

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InterSystems Survey Highlights Data and Tech Obstacles for Financial Services in Asia Pacific

Financial services firms across the Asia Pacific are facing an ever-increasing array of data and technology challenges stemming from both the growth in the volume of customer and business data being generated and the proliferation of data siloes across different

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Bursa, LSEG to Launch Sustainability Reporting Platform Says Anwar

The Malaysian Prime Minister Prime Minister Datuk Seri Anwar Ibrahim announced that Bursa Malaysia and the London Stock Exchange Group (LSEG) will launch a Centralised Sustainability Reporting platform next month, according to a report by Bernama. The platform will enable companies,

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Maybank Appoints Alan Lau as New Group COO

Maybank announced that it has appointed Alan Lau Chee Kheong as Group Chief Operations Officer (GCOO) effective 1 April 2023. Alan is currently the Group Chief Compliance Officer. Alan will be reporting to Dato’ Khairussaleh Ramli, the Group President and

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Women Leaders Spearhead Digital Banking Revolution in Malaysia

The digital banking industry in Malaysia has undergone rapid evolution in recent years, revolutionizing the country’s financial sector by providing customers with fast, secure, and convenient banking services.  Technological advancements and changing customer preferences have driven the growth of Malaysia’s digital

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