Central Bank of Malaysia

VAT HOLDS GROUNDBREAKING CEREMONY FOR ITS PHASE THREE FACTORY EXTENSION IN MALAYSIA

Retrieved on: 
Thursday, January 27, 2022
People, Ambassador, The Right Honourable, GEORGE, YB, Running, CH, Industry, MIDA, COO, Engineering, Dato, MYR, M&E, Malaysian Investment Development Authority, Growth, PDC, Malaysians, OEM, Central Bank of Malaysia, E&E, Plant, CEO, Company, Technology, PSDC, Silicon, CHF, Semiconductor, Ad valorem tax, Renewable energy, Rare-earth element, Airline, Republic, VAT

GEORGE TOWN, Malaysia, Jan. 27, 2022 /PRNewswire/ -- Swiss-based VAT Group AG, the world's leading supplier of high-performance vacuum valves, today held a groundbreaking ceremony to initiate the extension of its production facility in Penang, Malaysia.

Key Points: 
  • GEORGE TOWN, Malaysia, Jan. 27, 2022 /PRNewswire/ -- Swiss-based VAT Group AG, the world's leading supplier of high-performance vacuum valves, today held a groundbreaking ceremony to initiate the extension of its production facility in Penang, Malaysia.
  • This project will more than double the production capacity of VAT's Malaysian operation, increasing factory output to over CHF 1 billion (MYR 4.6 billion[1]).
  • The extension will also create new and high value job opportunities for Malaysians and accelerate the export of made-in-Malaysia products to the world."
  • VAT Manufacturing Malaysia will be the primary supplier for the company's customers in Republic of Korea, Japan, People's Republic of China and the rest of Asia.

B2Broker Seals European Presence with CySEC-Regulated Provider B2Prime

Retrieved on: 
Tuesday, December 14, 2021
Networks, Finance, Professional Services, Technology, Software, Crypto, FCA, Cyprus Securities and Exchange Commission, Medium (website), Company, Foreign exchange market, Growth, Industry, Liquidity, Acquisition, B2B, Digital currency, Financial institution, CEO, Security (finance), Swiss Financial Market Supervisory Authority, Multimedia, Metal, Pop, Central Bank of Malaysia, Union, Central bank, Technology, Cryptocurrency, Property management, EU

View the full release here: https://www.businesswire.com/news/home/20211214005172/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20211214005172/en/
    B2Broker seals European presence with CySEC-regulated multi-asset liquidity provider B2Prime.
  • The new owners of B2Prime are Arthur Azizov, founder of B2Broker Group of Companies and Evgeniya Mykulyak, co-founder of B2Broker Group of Companies.
  • B2Prime is a global regulated Prime of Prime (PoP) Multi-Asset Liquidity Provider for institutional and professional clients across the whole spectrum of the financial markets.
  • B2Broker Group of Companies CEO, Arthur Azizov, commented, We are delighted that B2Prime has secured CySEC approval.

MCIS Life Strengthens Relationship With Merchantrade

Retrieved on: 
Monday, November 22, 2021
People, Retirement, Investment, Central Bank of Malaysia, PTV, Building, Ecosystem, The Eremites, United Kingdom, MCIS, Life, Insurance, Partnership, BHD, Solution, Goal, Republic, Santam, Ivory Coast, Acquisition, Money services business, Group, Business, B40, Financial services, Retail, Cryptocurrency

Life insurer acquires stake in Merchantrade Asia Sdn Bhd, fortifies collaboration

Key Points: 
  • The two companies kicked-off a marketing distribution arrangement in 2019 where MCIS Life provided a life insurance protection plan for Merchantrade's customers which includes Malaysians as well as migrant workers.
  • "Forging this partnership with Merchantrade provides MCIS Life with significant upside potential.
  • "Currently MCIS Life is the exclusive life insurance partner of Merchantrade.
  • MCIS Insurance Berhad (MCIS Life) is a pioneer life insurer in Malaysia since 1954, regulated by Bank Negara Malaysia, and a proud member of the Sanlam Group, one of the world's biggest internationally active insurance groups, since 2014.

MCIS Life Strengthens Relationship With Merchantrade

Retrieved on: 
Monday, November 22, 2021
People, Retirement, Investment, Central Bank of Malaysia, PTV, Building, Ecosystem, The Eremites, United Kingdom, MCIS, Insurance, Partnership, BHD, Solution, Goal, NEWS, Republic, Santam, Ivory Coast, Acquisition, Money services business, Group, Business, B40, Financial services, Retail, Cryptocurrency, Security (finance), MCIS LIFE, SANLAM GROUP, MERCHANTRADE ASIA

The two companies kicked-off a marketing distribution arrangement in 2019 where MCIS Life provided a life insurance protection plan for Merchantrade's customers which includes Malaysians as well as migrant workers.

Key Points: 
  • The two companies kicked-off a marketing distribution arrangement in 2019 where MCIS Life provided a life insurance protection plan for Merchantrade's customers which includes Malaysians as well as migrant workers.
  • "Forging this partnership with Merchantrade provides MCIS Life with significant upside potential.
  • "Currently MCIS Life is the exclusive life insurance partner of Merchantrade.
  • MCIS Insurance Berhad (MCIS Life) is a pioneer life insurer in Malaysia since 1954, regulated by Bank Negara Malaysia, and a proud member of the Sanlam Group, one of the world's biggest internationally active insurance groups, since 2014.

MIT Sloan and Asia School of Business collaborate on Master of Central Banking program

Retrieved on: 
Tuesday, November 9, 2021
Distinguishing, MIT, Advisory Council, MIT Sloan School of Management, Central, MCB, Student, Dean, Knowledge, Public sector banks in India, Central Bank of Malaysia, Program, ASB, Stern Global Programs, Board, Asia School of Business, Management

CAMBRIDGE, Mass., Nov. 9, 2021 /PRNewswire/ -- MIT Sloan School of Management has welcomed to its campus the inaugural class of the Asia School of Business (ASB) Master of Central Banking (MCB) program.

Key Points: 
  • CAMBRIDGE, Mass., Nov. 9, 2021 /PRNewswire/ -- MIT Sloan School of Management has welcomed to its campus the inaugural class of the Asia School of Business (ASB) Master of Central Banking (MCB) program.
  • The MCB class, consisting of central bankers from across the globe, will engage in six weeks of courses at MIT as part of a 12-month intensive ASB degree program developed in collaboration with MIT Sloan and global veterans in central banking and management education.
  • "We are delighted to welcome the inaugural class of the ASB Master of Central Banking students to MIT," said David Schmittlein, the John C Head III Dean of the MIT Sloan School of Management.
  • "The new central banking program jointly developed by ASB and MIT further strengthens the successful 6-year cooperation between our two institutions.

Indonesia Buy Now Pay Later Market Report 2021-2028: BNPL End-Use Sectors, Operational KPIs, Market Share, Retail Product Dynamics, and Consumer Demographics Trends - ResearchAndMarkets.com

Retrieved on: 
Monday, October 18, 2021
Retail, Specialty, Other Retail, Industry, Financial technology, Adoption, CAGR, Growth, Population, Traveloka, BNI, Investment, Partnership, Central Bank of Malaysia, Cryptocurrency, Online shopping, Credit

The "Indonesia Buy Now Pay Later Business and Investment Opportunities 2019-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Indonesia Buy Now Pay Later Business and Investment Opportunities 2019-2028" report has been added to ResearchAndMarkets.com's offering.
  • The low credit penetration in Indonesia has provided a substantial boost to the growth of the BNPL industry in the country.
  • The publisher expects the trend to continue from the short to medium-term perspective, as consumers' need to access credit has increased.
  • Several FinTech companies in Indonesia are looking to alleviate this, taking advantage of the opportunity to adopt the BNPL deferred payment method.

Indonesia Buy Now Pay Later Market Report 2021-2028 Featuring Kredivo, Atome, Akulaku, Splitit, Shopee, Home Credit, GoJek Paylater, Indodana PayLater, AfterPay, GoPayLater

Retrieved on: 
Thursday, October 14, 2021
Industry, Financial technology, Adoption, CAGR, Growth, Population, Traveloka, BNI, Investment, Partnership, Central Bank of Malaysia, Cryptocurrency, Online shopping, Credit

DUBLIN, Oct. 14, 2021 /PRNewswire/ -- The "Indonesia Buy Now Pay Later Business and Investment Opportunities 2019-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Oct. 14, 2021 /PRNewswire/ -- The "Indonesia Buy Now Pay Later Business and Investment Opportunities 2019-2028" report has been added to ResearchAndMarkets.com's offering.
  • The low credit penetration in Indonesia has provided a substantial boost to the growth of the BNPL industry in the country.
  • The publisher expects the trend to continue from the short to medium-term perspective, as consumers' need to access credit has increased.
  • Several FinTech companies in Indonesia are looking to alleviate this, taking advantage of the opportunity to adopt the BNPL deferred payment method.

Malaysia Prepaid Cards Markets and Investment Opportunities Report 2021: Consumer Attitude & Behaviour, Retail Spend, Market Risks - ResearchAndMarkets.com

Retrieved on: 
Monday, October 11, 2021
Professional Services, Finance, Spend, CAGR, Growth, Central Bank of Myanmar, Industry, Central Bank of Malaysia, Adoption, Local Investing Opportunity Network, Central bank, Government, Technology, CB Bank, Payment card, Bank

The "Malaysia Prepaid Cards Business and Investment Opportunities - Market Size and Forecast (2016-2025), Consumer Attitude & Behaviour, Retail Spend, Market Risk" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Malaysia Prepaid Cards Business and Investment Opportunities - Market Size and Forecast (2016-2025), Consumer Attitude & Behaviour, Retail Spend, Market Risk" report has been added to ResearchAndMarkets.com's offering.
  • According to the Q2 2021 Global Prepaid Card Survey, prepaid card market in the Malaysia is expected to grow by 17.2% on annual basis to reach US$ 7,031.1 million in 2021.
  • The prepaid card market expected to grow over the forecast period, recording a CAGR of 15.2% during 2021-2025.
  • The prepaid card market in Malaysia will increase from US$ 5,999.2 million in 2020 to reach US$ 10,565.6 million by 2025.

Praxonomy and Institute of Corporate Directors Malaysia (ICDM) Announce Partnership to Accelerate Digital Transformation in the Boardroom

Retrieved on: 
Thursday, September 9, 2021
Technology, Finance, Security, Professional Services, Software, Networks, Internet, Data Management, Other Professional Services, Praxonomy, PRAXONOMY

Praxonomy , an emerging global SaaS board portal solution provider committed to driving modern corporate governance, announced today its partnership with the Institute of Corporate Directors Malaysia (ICDM), the national Institute of Directors (IoD) established by the Securities Commission Malaysia to enhance board and director effectiveness in the country.

Key Points: 
  • Praxonomy , an emerging global SaaS board portal solution provider committed to driving modern corporate governance, announced today its partnership with the Institute of Corporate Directors Malaysia (ICDM), the national Institute of Directors (IoD) established by the Securities Commission Malaysia to enhance board and director effectiveness in the country.
  • The strategic partnership enables Praxonomy to engage with ICDMs corporate member community by providing subscription benefits to its board portal solution, Boardlogic.
  • By removing the administrative and security challenges associated with board meeting processes and introducing more efficient workflows, Boardlogic helps corporate directors focus on their governance mandate instead.
  • We are pleased to partner with Praxonomy to support our corporate members in accelerating digital transformation in the boardroom.

eBaoTech Congratulates its Customer VSure.life on Launching as Malaysia's first On-Demand Lifestyle Digital Insurer

Retrieved on: 
Tuesday, September 7, 2021

eBaoTech is very proud to support VSure's business launch as a technology partner with its PaaS solution, InsureMO .

Key Points: 
  • eBaoTech is very proud to support VSure's business launch as a technology partner with its PaaS solution, InsureMO .
  • The OpEx (operating expenses or expenditure) commercial model and the public cloud/microservice based architecture provide strong business agility and scalability to VSure.
  • Solution providers, InsurTechs, and tech companies can integrate digital insurance software, while distributors connect insurance apps all at lightning speed.
  • Explore or sign up now at InsureMO.com
    VSure.life (VSure) is Malaysia's first lifestyle protection partner that aspires to be the leading Digital insurer in Southeast Asia.