Business & Finance

PayNet and Ant International enabled Alipay+ payment partner acceptance via DuitNow in October 2023; number of partners have since more than doubled, bringing more global customers to Malaysian businesses. | Photo by AliPay / NHA File Photo

Alipay+ drives cross-border growth for Malaysian SMEs amid rising tourism

News Hub Asia Reporter -
Malaysian small and medium enterprises (SMEs) are experiencing new growth opportunities as Alipay+ cements itself as the leading enabler of cross-border QR payments via...
Nippon Paint Malaysia’s general manager, Tay Sze Tuck (right), and the company’s assistant marketing general manager, Datin Wong Meng Lee (right), with the participants of Akademi Painter at the event in Kuala Lumpur, Malaysia on 23 February 2025. | Photo by Nippon Paint / NHA File Photo

Nippon Paint Malaysia empowers local entrepreneurs with Akademi Painter initiative

News Hub Asia Reporter -
Nippon Paint Malaysia is set to uplift the home renovation and construction industry with its latest upskilling initiative, Akademi Painter. The programme aims to...
From left: Mr. Shingo Hiraki, First Secretary, Telecommunication and IT, Embassy of Japan in Malaysia; Tsubasa Nakazawa, Managing Director of Kintone Southeast Asia Sdn Bhd; Tan Sri Datuk Amar Mohamad Morshidi Abdul Ghani, Chairman of SDEC; Dato Ir. Ts. Sudarnoto Osman, CEO of SDEC; Anne Kung, Board of Director of SDEC. | The Waterfront Hotel, Kuching, Sarawak, Malaysia. 18 February 2025. | Photo by Kintone / NHA File Photo

Sarawak Digital Economy Corporation and Kintone partner to advance SME digitalisation

From left: Wan Zulhesham Mohd Zin, Head, Business Retail Deposit – Deposit & Cards of Bank Islam; Zamree Mohamed, Director, Retail Banking Distribution of Bank Islam; Amir Mutalib, Director, Account Management, Malaysia, Mastercard; Mizan Masram, Group Chief Business Officer, Group Retail Banking of Bank Islam; Devesh Kuwadekar, Vice President, Account Management, Malaysia, Mastercard; Mohd Noor Jab, Head of Deposit & Cash Management of Bank Islam; and Ahdan Shariff, Head of Card Business of Bank Islam at the launch of the Al-Awfar and Mastercard Debit Card-i by Bank Islam on 13 February 2025. | Photo by Bank Islam and Mastercard / NHA File Photo

Bank Islam and Mastercard introduce Shariah-compliant debit card with cashback and...

Charles Brewer, group CEO of Pos Malaysia (left) with YB Datuk Phoong Jin Zhe, Minister of Industrial Development and Entrepreneurship Sabah at the launch of the Pos Shop in Kota Kinabalu, Sabah on 7 February 2025. | Photo by Pos Malaysia / NHA File Photo

Pos Malaysia expands retail footprint to East Malaysia with first Pos...

The upcoming Volvo EX90 is the company’s largest all-electric SUV and incorporates Volvo Cars’ most advanced safety technology to date. | Photo by Volvo Car Malaysia / NHA File Photo

Volvo Car Malaysia hits 30% BEV sales milestone in 2024, outpacing...

From left: Mohd Shamsor bin Mohd Zain, Executive Director, Datuk Ravindran K., President of UMW Toyota Motor, Faraed bin Mohd Sharif, Executive Director, and Sean Leng, Director. | Photo by UMW Toyota / NHA File Photo

UMW Toyota Motor reports strong January 2025 sales, unveils exciting new...

Photo for illustrative purposes only. | Photo by GamBit Group / NHA File Photo

MALAYSIA: GamBit Group and Digital Trustees Berhad unite to democratise wealth...

Celebrating the opening of its milestone 50th Pos Shop, located on Jalan Dato Keramat in Penang, Malaysia. | Photo by Pos Malaysia / NHA File Photo

Pos Malaysia transforms retail space to provide Malaysians with convenience, opens...

Deleum Berhad's signing ceremony was held in Kuala Lumpur, Malaysia, on 5 December 2024. From left: Rao Abdullah, Group CEO of Deleum Berhad; Tan Sri Dato Seri Shamsul Azhar, Chairman of Deleum Berhad; and Ong Siow Aik, Director of OSA Industries Pte Ltd. | Photo by Zahara Nordin / News Hub Asia

Deleum acquires majority stake in PT OSA, expands valve solutions across...

Danny Tan, CEO of Worldwide Stainless, touring the revitalised Bahru Stainless facility with the team, as operations resume with a renewed focus on growth and sustainability. | Johor, Malaysia. 13 December 2024. | Photo by Worldwide Stainless / NHA File Photo

MALAYSIA: Worldwide Stainless completes USD 95 million acquisition of Bahru Stainless

From left: Marcus Lau Poh Leong (刘保良), General Manager, Finance & Administration; Eric Chew Ching Hou (周子豪), Chief Executive Officer, TP TEC Holding Berhad; Lau Poh Keong (刘宝强), Managing Director, TP TEC Holding Berhad; Leong Kok Jiann (梁国健), Executive Director, TP TEC Holding Berhad; Dr. Jeffrey Chin (陈福强博士), Head of Corporate Finance, TP TEC Holding Berhad; and Khor Chee Pin (许瀚匀), Product Manager, TP Parts Sdn Bhd. | Photo by TP TEC / NHA File Photo

TP TEC Holding soars 30 per cent on Bursa Malaysia debut,...

Up-close view of the top of the Maybank Tower on Battery Road, Singapore. 16 October 2012 | Cropped from a photo by Balaji Srinivasan / Pexels / NHA File Photo

Maybank Singapore launches myimpact SME Program to empower regional SMEs with...

Tan Sri Datuk Alex Chen Kooi Chiew, chairman of MKH Oil Palm (East Kalimantan) Berhad. | Photo by MKHOP / NHA File Photo

MKH Oil Palm reports record net profit of RM64.21 million, declares...

Shopee Affiliates show continuous support towards Malaysian businesses

PolicyStreet wins Financial Inclusivity Award endorsed by the Monetary Authority of...

Robot and human handshake. Photo for illustrative purposes only. | Photo by MGBF / NHA File Photo

Redefining finance: How AI and accountants will shape the future together

Customers looking forward to shopping deals. Photo for illustrative purposes only. | Photo by Infobip / NHA File Photo

Getting a good deal for online shopping with omnichannel solutions

Shell Malaysia’s enhanced loyalty programme fuels everyday savings for Malaysians

From left: Kirsty Dellar, Deputy Mayor, City of Kalgoorlie Boulder; Amanda Lacaze, CEO & Managing Director, Lynas Rare Earths; Hon Madeleine King MP, Minister for Resources; Andrew Brien, CEO, City of Kalgoorlie Boulder; Amir Hakim, Executive General Manager, Operation Ramp-up, Lynas Rare Earths; Matthew Lane, Kalgoorlie Operations Manager, Lynas Rare Earths. | Photo by Lynas / NHA File Photo

AUSTRALIA: State-of-the-art Kalgoorlie Rare Earths Processing Facility officially opens

Travellers can use Alipay+ wallets to scan the PayPay QR code for payment at the vast majority of PayPay stores. | Photo by PayPay / NHA File Photo

PayPay and Alipay+ broaden partnership, boost seamless e-wallet payments for tourists...

Datuk Muzafar Kamal, chief executive officer of Commerce Dot Com and Tuan Haji Rahman bin Mohd Din, chief executive officer of Institute of Integrity Malaysia (IIM) exchanged the MoU witnessed by deputy prime minister Dato' Sri Haji Fadillah bin Haji Yusof, chief secretary to the government of Malaysia Tan Sri Shamsul Azri Abu Bakar, auditor general Dato’ Seri Wan Suraya Wan Mohd Radzi, and director general of public service for the government of Malaysia Tan Sri Wan Ahmad Dahlan bin Haji Abdul Aziz. | Photo by Commerce Dot Com / NHA File Photo

Commerce Dot Com partners Institute of Integrity Malaysia, elevates integrity standards...

From left: Harish Venkatesan, head corporates and business banking at HSBC Singapore; and co-founder and group chief executive officer of Funding Societies, Kelvin Teo. | Photo by Funding Societies / NHA File Photo

Funding Societies secures third credit facility with HSBC, extends access to...

Guest-of-Honour SMS Low Yen Ling witnessed the MoU ceremony of the QUEST programme launch on 18 October 2024 at SingPost Centre in Singapore. From left: Liew Nam Soon, EY ASEAN regional managing partner and Singapore and Brunei managing partner; Kok Ping Soon, CEO of SBF, Vincent Phang, group CEO of SingPost; Michelle Lee, chief sustainability officer of SingPost; Elaine Lam, head of global corporate banking of OCBC Bank. | Photo by SingPost / NHA File Photo

SINGAPORE: New QUEST programme launched to support SingPost’s suppliers with sustainability...

In October 2024, GoBarakah won the FIKRAace 2024 competition, organised by the Malaysia Securities Commission in partnership with MDEC and Nexea Ventures, receiving a RM50,000 cash prize for its Shariah-compliant e-voucher platform that aligns with the principles of Maqasid Al-Shariah. | Photo by GoBarakah / NHA File Photo

MALAYSIA: GoBarakah wins three prestigious awards for pioneering fintech in social...

From left: Captain Khalid Bin Mohamad, Marine Advisor, Vestera; Captain Ahmad Imran Bin Mohd Azmi, Managing Director, Vestera; Puan Rashidah Alias, Vice President of Group Procurement, Petronas; Faiz Azani, Director of Operations SEA, Fueltrax; and Hakim Amir Bokori, Technical Support Manager, Fueltrax. | MOGSEC 2024. Kuala Lumpur Convention Centre, Malaysia. 25-27 September 2024. | Photo by Vestera / NHA File Photo

MALAYSIA: Vestera and Fueltrax seals strategic partnership to offer leasing and...

Satu Creative Hasanah Impact Challenge 2024 launched RM500k grants for Malaysian...

An illustration depicting corporate people carrying up share price graph with the words crisis on top. | Illustration by marrio31 from Getty Images Signature via Canva Pro / NHA File Photo

Why CEOs need to get their teams up to speed in...

Seller selling goods online concept photo. | Photo by Nathapat on Canva Pro / NHA File Photo

Malaysian Shopee Live sellers achieve 6.5 times sales uplift on 9.9...

From left: Ng Chai Teck, general manager of project management, Sunway City Iskandar Puteri; Gerard Soosay, chief executive officer of Sunway City Iskandar Puteri; Lim Chern Fang, deputy executive director of Handal Indah Sdn Bhd, and Ng Kok Cheong, the chief operating officer of Handal Green celebrating SCIP's 10th anniversary with a strategic partnership, while emphasising the importance and its impact on cross-border connectivity and regional integration. | Photo by Sunway / NHA File Photo

Sunway City Iskandar Puteri partners with Causeway Link, enables seamless travel...

Prime Minister of New Zealand, Christopher Luxon, officiated the New Zealand-Malaysia Business Partnership Signing Ceremony. | Shangri-La Hotel, Kuala Lumpur, Malaysia. 2 September 2024. | Photo by NZTE / NHA File Photo

New tech and food partnerships announced during New Zealand PM’s visit...

From left: Rajesh Nambiar,chairperson of nasscom; Gobind Singh, minister of digital of Malaysia; and Ong Chin Seong, chairman of PIKOM. | New Delhi, India. 21 August 2024 | Photo by PIKOM / NHA File Photo

PIKOM strengthens Malaysia’s digital economy through strategic MoU with nasscom in...

Senator Datuk Seri Amir Hamzah Azizan, Minister of Finance II, Malaysia (middle), and Dato’ Seri Abdul Rasheed Ghaffour, Governor of Bank Negara Malaysia (fourth from right), flanked by (left) Wee Ee Cheong, Deputy Chairman and Chief Executive Officer of UOB and (right) Ng Wei Wei, Chief Executive Officer of UOB Malaysia during an engagement session with investors hosted at UOB Plaza 1, Singapore. They were accompanied by (from left) Julia Goh, Senior Economist, UOB Malaysia; Zilhazmir Hamzah, Head of Global Corporate Banking Malaysia, J.P. Morgan; and Oliver Brinkmann, Co-Head of Global Corporate Banking APAC, J.P. Morgan; and (from right) Victor Lee, CEO, CIMB Singapore. and Chu Kok Wei, Co-CEO, Group Wholesale Banking, CIMB. | Singapore, 26 July 2024. | Photo by UOB Malaysia / NHA File Photo

UOB Malaysia, CIMB and J.P. Morgan co-host investor engagement session for...

Datin Yap Shin Siang (left), group chief executive officer of YYC, and Khoo Siew Ling (right), chief executive officer of MYWave, during the signing ceremony of the Share Acquisition and Shareholders Agreement. | Kuala Lumpur, Malaysia. 28 June 2024 | Photo by YYC Group / NHA File Photo

MALAYSIA: Professional service firm YYC acquires MYWave, embraces digital HR and...

From right: Lynas chief executive officer, Amanda Lacaze, and Lynas chief financial officer, Gaudenz Sturzenegger, during a dialogue with their local partners at Lynas Vendor Appreciation Day 2024. | The Zenith Hotel, Kuantan, Pahang, Malaysia. 25 July 2024 | Photo by Ruzanna Muhammad / NHA File Photo

Lynas Malaysia celebrates local partnerships at Vendor Appreciation Day 2024, confirms...

Founders of Hata: Darien Ng (left), David Low (centre), KK Chong (right). | Photo by Hata / NHA File Photo

Hata obtains full approval from Securities Commission of Malaysia; launches exchange...

Thai innovation and startup network expo 'SITE 2024' hosted by the National Innovation Agency (NIA) at SCI Power For Future Thailand, which is an event promoting the utilisation of scientific research for sustainable economic development from 22 - 28 July 2024 at Zone C, Queen Sirikit National Convention Center in Bangkok, Thailand. | Photo by NIA (via ACN Newswire) / NHA File Photo

Thailand National Innovation Agency showcases sustainable businesses, SMEs, innovations and startups...

The first Future Skills Framework (FSF), officiated by YB Tuan Steven Sim Chee Keong, Minister of Human Resources, Malaysia; Datuk Abdul Rasheed Ghaffour, Governor, Bank Negara Malaysia; and Tan Sri Azman Hashim, Chairman, Asian Institute of Chartered Bankers, with other key representatives. | Kuala Lumpur, Malaysia. 22 July 2024 | Photo by AICB / NHA File Photo

Malaysia launched first Future Skills Framework to future-proof financial sector talents

PRactitioners Board Members at the launch event which was held at Brickfields Asia College in Selangor on 16 July 2024. | Photo by Enzo Kho / NHA File Photo

New Public Relations Practitioners Society launched in Malaysia, set to revolutionise...

MGBF Roundtable highlighted importance of adapting to fast-paced changes in business...