Central Bank of Malaysia

Masteron Introduces Astra @ Aurora Residence in Puchong, A Luxurious Lakeside Living Experience

Retrieved on: 
Wednesday, November 29, 2023
Central Bank of Malaysia, Quality of life, Partnership, Life, Astra, Commercial, Acquisition, Sustainability, Environment, OPR, Investment, BRT, LRT, Education, Tourism

Located in a mature suburban neighbourhood, Astra @ Aurora Residence skilfully combines the tranquillity of lakeside serenity with urban convenience, offering spacious, high-specification homes that elevate the concept of affordable luxury.

Key Points: 
  • Located in a mature suburban neighbourhood, Astra @ Aurora Residence skilfully combines the tranquillity of lakeside serenity with urban convenience, offering spacious, high-specification homes that elevate the concept of affordable luxury.
  • As a 155-acre integrated township and one of the final master developments in Puchong, Astra @ Aurora Residence emphasises a distinctive lakeside living experience.
  • This stability is advantageous news for homebuyers, signifying an optimal time for real estate investments, particularly in projects like Astra @ Aurora Residence.
  • More than just a serviced apartment, Astra @ Aurora Residence is a carefully planned community within the expansive 155-acre Lake Side City.

GMAC Expands Global Representation in Board and School Membership

Retrieved on: 
Tuesday, September 5, 2023
ACT, University, Women in Science Hall of Fame (U.S. State Department), Education, Doctor of Philosophy, TecMilenio University, Cairo American College, Central Bank of Malaysia, ASB, Asia School of Business, Singapore Management University, MIT Sloan School of Management, MBA, Research, The Coca-Cola Company, EGADE Business School, Online university, Management development, Wharton School of the University of Pennsylvania, School, Student, INSEAD, Graduate Management Admission Council, Council, 1st Battalion, 227th Aviation Regiment (United States), Corporate social responsibility, Stanford Graduate School of Business, Coca-Cola, Widener University Commonwealth Law School, Management, Business, GMAC

RESTON, Va., Sept. 05, 2023 (GLOBE NEWSWIRE) -- The Graduate Management Admission Council ( GMAC ), a global association of leading graduate business schools, today announced changes to its board of directors.

Key Points: 
  • RESTON, Va., Sept. 05, 2023 (GLOBE NEWSWIRE) -- The Graduate Management Admission Council ( GMAC ), a global association of leading graduate business schools, today announced changes to its board of directors.
  • Themin Suwardy, a GMAC board member since 2019 and associate provost of postgraduate professional education at Singapore Management University, has been elected to chair the GMAC board.
  • In addition, GMAC welcomed Asia School of Business ( ASB ) as its 227th member school.
  • “I am thrilled to have these talented individuals and the esteemed ASB organization deepening their engagement with the Council, enhancing our board diversity and membership roster.

Hektar REIT's Portfolio Maintains a Trend of Improvement

Retrieved on: 
Thursday, May 25, 2023
Assets under management, Architectural gear ratio, Corporate social responsibility, Marketing, Central Bank of Malaysia, OPR, BHD, AUM, NPI, Mahkota Parade, Management, Financial management, NLA, Perspiration, Hectare

Hektar REIT recorded a robust NPI Margin of 52%, indicating a healthy financial performance throughout the Assets Under Management (AUM).

Key Points: 
  • Hektar REIT recorded a robust NPI Margin of 52%, indicating a healthy financial performance throughout the Assets Under Management (AUM).
  • Hektar REIT's portfolio performance showed considerable improvement and the portfolio occupancy improved to 83.8%.
  • All malls under the portfolio experienced an uptrend in visitor traffic, showing positive signs of a return in shoppers' confidence at Hektar malls.
  • Our committed overall portfolio occupancy is currently 85.4% and will be realised in the subsequent quarters this year.

Malaysia Buy Now Pay Later Business Report 2022: BNPL Providers are Targeting Different Industries to Drive Adoption of their Services and Transaction Volume - ResearchAndMarkets.com

Retrieved on: 
Monday, December 12, 2022
Fintech, Professional Services, Finance, Spend, Travel, Local Investing Opportunity Network, Market share, CIMB, Central Bank of Malaysia, ShopBack, Fave, Pace, Operational definition, Partnership, Consumer Credit Act 1974, Ministry, MAG, Consumer Credit Act, Insurance, Growth, Tourism, Securities Commission Malaysia, Shangri-La Hotels and Resorts, Retail, Health insurance, Video game, Online shopping, Security (finance), Renting, Fashion, Health care, Malaysia Airlines

BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 35.4% during 2022-2028.

Key Points: 
  • BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 35.4% during 2022-2028.
  • The BNPL Gross Merchandise Value in the country will increase from US$625.3 million in 2021 to reach US$6,884.7 million by 2028.
  • During the global pandemic outbreak, BNPL providers aggressively partnered with e-commerce marketplaces to drive their adoption among consumers globally.
  • While BNPL firms continue to partner with e-commerce platforms, they also target other industries to drive their transaction volume in Malaysia.

Malaysia-Based Asia School of Business Deploys YuJa Enterprise Video Platform Campuswide

Retrieved on: 
Friday, September 16, 2022
Audio, Video, Hardware, Other Education, Data Management, Continuing, Technology, University, Education, MIT Sloan School of Management, Yuzu, Central Bank of Malaysia, Roposo, Organization, Asia School of Business, ASB, Government, Curriculum, Technology, Student, Inside Higher Ed, Silicon, Online video platform, Tutoring, Business

Kuala Lumpur, Malaysias Asia School of Business has selected ed-tech leader YuJa Inc. to provide a video and media creation, storage, management and distribution solution campuswide.

Key Points: 
  • Kuala Lumpur, Malaysias Asia School of Business has selected ed-tech leader YuJa Inc. to provide a video and media creation, storage, management and distribution solution campuswide.
  • The Video Platform will help the institution, which was founded by MIT Sloan and Bank Negara Malaysia, meet its mission of developing transformative and principled leaders as a premier school of management in Asia.
  • YuJa pairs well with video content capture and management streaming media processors, which enables institutions to quickly and easily publish recordings for students, automate workflows, schedule recordings and live stream events, said Nathan Arora, Chief Business Officer at YuJa, Inc.
  • The Asia School of Business (ASB) is located in Kuala Lumpur, Malaysia.

Survey Report: Malaysia Real Estate Headed for Post-Pandemic Rally in Next Year

Retrieved on: 
Tuesday, July 26, 2022
Group, Central Bank of Malaysia, Government, Industry, Growth, Thought, Budget, GDP, Bank, Juwai IQI, Real estate, Online shopping, Renting

KUALA LUMPUR, Malaysia, July 26, 2022 /PRNewswire-PRWeb/ -- New data suggest the residential real estate market in Malaysia is headed for a post-pandemic rally over the next 12 months, according to the just released Juwai IQI Malaysia Property Survey and Index Q3 2022.

Key Points: 
  • New data suggest that the residential real estate market in Malaysia is headed for a post-pandemic rally over the next 12 months, according to the just released Juwai IQI Malaysia Property Survey and Index Q3 2022.
  • KUALA LUMPUR, Malaysia, July 26, 2022 /PRNewswire-PRWeb/ -- New data suggest the residential real estate market in Malaysia is headed for a post-pandemic rally over the next 12 months, according to the just released Juwai IQI Malaysia Property Survey and Index Q3 2022.
  • "We surveyed real estate agents around Malaysia," said Juwai IQI Co-Founder and Group CEO Kashif Ansari.
  • Ansari said, "The survey reveals the real estate industry expects significant residential price growth over the next 24 months.

MoneyLion and AEON Consortium Obtain Approval for Malaysian Digital Banking License

Retrieved on: 
Tuesday, May 24, 2022
Technology, Mobile, Wireless, Finance, Banking, Professional Services, Software, Networks, Internet, Data Management, AEON, Risk, Neobank, Ministry of Finance (Malaysia), Central Bank of Malaysia, BNM, Main–Market Historic District, Insurance, Stored-value card, Ministry, Anna University Chennai – Regional Office, Tiruchirappalli, Artificial intelligence, AFS, Partnership, Motor vehicle, Credit card, Insurance broker, KLSE, Technology, Ecosystem, Group, Twitter, Software as a service, Growth, NYSE, 2019 MoneyLion 300, Mobile phone, Bank, Cryptocurrency, Online shopping, Financial services, Takaful

MoneyLion Inc. (MoneyLion) (NYSE: ML), a leading digital financial services and lifestyle content platform, announced that the Ministry of Finance in Malaysia has awarded a digital banking license to a consortium involving MoneyLion, AEON Financial Service Co Ltd. (AFS) (TSE:8570), a Japan-based financial group, and AFSs Malaysia-based non-bank financial service provider subsidiary, AEON Credit Service (M) Berhad (AEON Credit) (KLSE:AEONCR).

Key Points: 
  • MoneyLion Inc. (MoneyLion) (NYSE: ML), a leading digital financial services and lifestyle content platform, announced that the Ministry of Finance in Malaysia has awarded a digital banking license to a consortium involving MoneyLion, AEON Financial Service Co Ltd. (AFS) (TSE:8570), a Japan-based financial group, and AFSs Malaysia-based non-bank financial service provider subsidiary, AEON Credit Service (M) Berhad (AEON Credit) (KLSE:AEONCR).
  • The digital banking license will give MoneyLion, AEON Credit and AFS the ability to create a digital bank that will offer services which will promote financial inclusion to customers in Malaysia.
  • MoneyLion will be responsible for designing and building the banks digital finance platform using its scaled technology and data capabilities.
  • We are appreciative of being granted the digital banking license, added MoneyLion Co-Founder and Chief Technology Officer Chee Mun Foong.

Nium Expands Real-Time Payments to Malaysia and Announces Broader Local License Capabilities

Retrieved on: 
Thursday, May 19, 2022
COO, Central Bank of Malaysia, BNM, Solution, Geography, Tanjungpinang, SEPA, IRH, GlobalData, The Paying-out Machinery in the Stern of the Great Eastern, Compliance, Technology, Payment service provider, MYR, Financial institution, Payment Services Directive, Online shopping, Bank

SINGAPORE, May 19, 2022 /PRNewswire/ -- Nium, the global platform for modern money movement, today announced the availability of real-time payments into Malaysia, further strengthening the company's real-time payments capabilities across the globe. With the addition of Malaysia, Nium now processes over 75% of transactions globally in real-time, and increases its total real-time payment markets to a market-leading 100 countries.

Key Points: 
  • With the addition of Malaysia, Nium now processes over 75% of transactions globally in real-time, and increases its total real-time payment markets to a market-leading 100 countries.
  • According to GlobalData , Malaysia recorded 1.1 billion real-time payment transactions in 2021, accounting for an estimated $US434 million cost savings for businesses and consumers.
  • "More countries are turning to Nium to bring their legacy systems into the modern age," said Pratik Gandhi, COO and co-founder at Nium.
  • Nium's license portfolio covers 11 of the world's jurisdictions, enabling seamless global payments and rapid integration, regardless of geography.

Nium Expands Real-Time Payments to Malaysia and Announces Broader Local License Capabilities

Retrieved on: 
Thursday, May 19, 2022
COO, Central Bank of Malaysia, BNM, Solution, Geography, Tanjungpinang, SEPA, IRH, GlobalData, The Paying-out Machinery in the Stern of the Great Eastern, Compliance, Technology, Payment service provider, MYR, Financial institution, Payment Services Directive, Online shopping, Bank

SINGAPORE, May 19, 2022 /PRNewswire/ -- Nium, the global platform for modern money movement, today announced the availability of real-time payments into Malaysia, further strengthening the company's real-time payments capabilities across the globe. With the addition of Malaysia, Nium now processes over 75% of transactions globally in real-time, and increases its total real-time payment markets to a market-leading 100 countries.

Key Points: 
  • With the addition of Malaysia, Nium now processes over 75% of transactions globally in real-time, and increases its total real-time payment markets to a market-leading 100 countries.
  • According to GlobalData , Malaysia recorded 1.1 billion real-time payment transactions in 2021, accounting for an estimated $US434 million cost savings for businesses and consumers.
  • "More countries are turning to Nium to bring their legacy systems into the modern age," said Pratik Gandhi, COO and co-founder at Nium.
  • Nium's license portfolio covers 11 of the world's jurisdictions, enabling seamless global payments and rapid integration, regardless of geography.

Indonesian Technology Company, WIR Group to Introduce Indonesia's Metaverse Prototype

Retrieved on: 
Tuesday, May 3, 2022
Silicon, G20, Indonesia Stock Exchange, VR, Society, WIRG, Time, Microsoft, Sun Eater, London, Partnership, Excel Communications, Augment, Virtual reality, Jakarta Fashion Week, Augmented World Expo, Central Bank of Malaysia, Artificial intelligence, JFW, Augmented reality, FMCG, Alfamart, Vasanta, London Stock Exchange, Life, Solution, Technology, Bank Rakyat Indonesia, IPO, AR, Video game, Security (finance), Forbes, Metaverse

JAKARTA, May 3, 2022 - (ACN Newswire) - WIR Group (JK: WIRG), an Indonesia-based metaverse technology company, will reveal a prototype of Indonesian metaverse in November 2022, to coincide with the momentum of the 2022 G20 Indonesia Presidency.

Key Points: 
  • JAKARTA, May 3, 2022 - (ACN Newswire) - WIR Group (JK: WIRG), an Indonesia-based metaverse technology company, will reveal a prototype of Indonesian metaverse in November 2022, to coincide with the momentum of the 2022 G20 Indonesia Presidency.
  • The metaverse platform being developed by WIR Group will bridge businesses and consumers.
  • In its biggest innovation called the Metaverse Indonesia, WIR Group presents the Metaverse world experience by putting forward elements of local wisdom in Indonesian culture.
  • As the metaverse software technology company from Indonesia, WIR Group plans to introduce the Metaverse Indonesia prototype in November 2022.