The Covid-19 pandemic is an unprecedented event. Countries all over the world had to impose lockdowns to contain the spread of the coronavirus.

In Malaysia, the Movement Control Order (MCO) resulted in companies having to rely on digital platforms and becoming more creative to keep thei...

Matrix Concepts’ digital innovation

In the last 10 years, the pace of digitalisation across the globe and in Malaysia has taken on a quicker tempo. Alongside, we have also seen the mushrooming of tech start-ups. While some may not survive the economic crisis, others are seeing opportunities and upping th...

Start-Ups - Riding the digitalisation wave

In the US, cyber-attacks against the financial sector surged by 238% between February and April this year, the peak period when the Covid-19 pandemic was fast spreading across the country and stay-at-home orders were implemented.

“At an alarming rate, transnational organised crime group...

Cyber fraud increasing as bank transactions shift online

The Covid-19 pandemic is quickly changing the way food is made and served

Many restaurants were already using automation, artificial intelligence (AI) and robots before the outbreak of Covid-19. Now, the post-pandemic reality with social distancing a...

The rise of robo-restaurants around the world

Value-added features, hygiene concerns and business initiatives are accelerating the shift to a cashless society

The adoption of digital payments in Southeast Asia has reached an inflection point and is projected to cross the US$1 trillion milestone ...

Finance - Digital payments give users more bang for their ringgit

The popularity of Breakfree Movement’s virtual classes hints at a new norm for the fitness industry

The global fitness industry is believed to have generated US$100 billion in revenue every year before the outbreak of Covid-19. Then came the pandemic...

From Bricks & Mortar To Online - Online workouts flex new muscles

In 2013, when Benny Tan Chun Lit began selling fresh seafood online, he met with a lot of resistance from customers. “The first month was quiet. It was very challenging because we were the first to start selling seafood online. This was a new concept for people as it was the norm to go to wet mar...

E-Commerce - Taking the fish business into cyberspace

Like most homemakers, Teh Yong Lin’s mother is a good home cook, one of her signature delicacies being pumpkin jam. “She would often gift her jams to family and friends. So one day, just a few weeks before Chinese New Year, I asked her why she did not start selling the pumpkin jam,” recalls Teh.<...

E-Commerce - A marketplace for food entrepreneurs

Siti Li Dining has mastered the art of true hospitality by prioritising personal connections. Now, digitalisation is becoming an important part of its business.

Whenever the future of the food and beverage (F&B) industry in the post-Covid-19 era ...

From Bricks & Mortar To Online - Retaining the all-important human touch 

Technology has played a big role in supporting the continuation of teaching and learning during the recent lockdowns. It is also changing what and how we learn.

At the height of the Covid-19 pandemic earlier this year, governments around the world te...

Education - Education disrupted

Asia leads the revolution in digital payments

In the past decade, China has embraced a payment system based on smartphones and QR codes (two-dimensional bar codes), while the rest of the world has continued to transact with magnetic cards issued by b...

The rise of China’s cashless innovations

One of the biggest opportunities to come out of the Covid-19 crisis is the rapid uptake of digital banking. Stay-home orders have compelled many customers to start using online financial services. And this shift is unlikely to reverse, especially with digital banks com...

Finance - No looking back as pace of digital banking accelerates

The Covid-19 pandemic has impacted almost every industry and many sectors, from tourism and airlines to food and beverage, are still struggling to regain their footing. But the pandemic has also created winners such as e-commerce, which is now an essential business service for consumers.

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E-Commerce - Astro’s Go Shop meets soaring demand

If online grocery shopping seemed a novel idea five years ago, the Covid-19 pandemic and Movement Control Order (MCO) are a testament that not only is it here to stay, there is also potential for growth.

For online delivery service HappyFresh, which offers handpicked items from supermar...

E-Commerce - Growing acceptance of online grocery shopping

In the third and fourth instalments of our four-part series on the economy, we are focusing on mission-based policy packages that Malaysia can embark on to realise our vision of Malaysia Madani. As a recap, the first article — “Taking a systems approach to fuel subsidies” (Issue 1515, March 18) —...

My Say: Mission Madani: Now is not the time to work in silos

E-government services provider MyEG Services Bhd has inked an agreement to collaborate on the launch of a virtual asset fund or Hong Kong virtual assets exchange-traded fund (ETF) products.

MyEG inks partnership to launch Hong Kong virtual assets

Sunway Putra Hotel Kuala Lumpur marked the commencement of its lobby area refurbishment with a ground-breaking ceremony.

Sunway Putra Hotel KL commences refurbishment of its lobby

Shares of DXN Holdings Bhd surged on Wednesday to its highest in more than a month as analysts continued to urge investors to buy the stock after the health supplement company’s fourth-quarter (4Q) results.

DXN climbs over one-month high, analysts see positive outlook

While the opening of The Exchange TRX is anticipated to intensify competition in the malls sector, Pavilion Real Estate Investment Trust (PavREIT) said footfalls at its malls nearby — Pavillion KL and the connected Pavilion Elite — remain unaffected, and they are still enjoying over 95% occupancy rates.

PavREIT says Pavilion KL, Elite's footfalls unaffected by opening of TRX mall

Shares of construction and engineering contractor Crest Builder Holdings Bhd climbed on Wednesday after bagging a RM486 million condominium project in Mont Kiara.

Crest Builder rises 6% after bagging RM486m condominium project

BMI, a Fitch Solutions company, holds a cautious but positive outlook for consumer spending in Malaysia over 2024, as the economic recovery feeds through to strong real consumer spending growth over the full year.

BMI holds a cautious but positive outlook for consumer spending in Malaysia over 2024

US defence contractor L3Harris Technologies Inc will cut 5% of its workforce this year as part of a cost saving measure, CEO Chris Kubasik said in an email to employees seen by Reuters on Tuesday.

US defence contractor L3Harris to cut 5% of workforce to save costs, email shows

The ringgit rebounded in early trade on Wednesday as the US dollar retreated after S&P Purchasing Managers' Index (PMI) data disappoint.

Ringgit rebounds on softer US dollar after PMI data

(April 24): JPMorgan Chase CEO Jamie Dimon said the U.S. economy was booming and consumer spending continued to be resilient.

The U.S. economic boom is "unbelievable," Dimon told the Economic Club of New York on Tuesday. "Even if we go into recession, the consumer's still in good shape,...

JPMorgan CEO Dimon says US economy is booming

The Edge covers former Malaysian Prime Minister Datuk Seri Najib Razak's 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial live.

Najib's 1MDB-Tanore trial live reporting (April 24)

Here is a brief recap of some business news and corporate announcements that made the headlines on Tuesday.

KomarkCorp, Topmix, PavREIT, Axis REIT, KIP REIT, Cypark, Crest Builders, Capital A, Gadang, Haily, DXN, Inta Bina, Comfort Gloves, AHB

With Malaysia’s 5G outdoor coverage having reached the 80% target for coverage of populated areas (CoPA) at the end of 2023 and after the signing of the share subscription agreements (SSAs) by five mobile network operators (MNOs) on Dec 1, 2023, what’s next for the next stage of 5G deployment in Malaysia?

What’s next for 5G deployment in Malaysia?

US stocks closed higher on Tuesday following positive earnings from top-tier companies and as investors were focused on quarterly results from Magnificent Seven and other megacap growth stocks.

Wall Street closes higher as investors digest earnings, megacap outlook

Rakuten Trade said NationGate Holdings Bhd may extend its upward trajectory after breaking out from its one-month rectangular pattern on Tuesday.

NationGate may extend upward trajectory, says Rakuten Trade 

Tesla Inc is accelerating the launch of more affordable models in a bid to arrest a deterioration in its profit margins and sales.

Tesla to accelerate launch of cheaper cars after sales miss

Global shares rose on Tuesday, with investors on Wall Street focused on earnings reports from the US megacaps, and the yen tumbled to multi-year lows against the dollar and the euro.

Stocks gear up for Big Tech earnings; yen touches multi-year lows

Bursa Malaysia opened higher on Wednesday, tracking Wall Street's upbeat overnight performance, as confidence was buoyed by a spate of solid corporate earnings that many see as a precursor of those from the mega caps which will be reported over the next few days, said an analyst.

Bursa opens higher, tracking overnight Wall Street

The ringgit rebounded in early trade on Wednesday as the US dollar retreated after S&amp;P Purchasing Managers' Index (PMI) data disappoint.

RHB Retail Research said Censof Holdings Bhd is observing a technical breakout after climbing above the 26.5 sen immediate resistance on surging trading volume.

Censof observing technical breakout, says RHB Retail Research 

Mergers and acquisitions (M&amp;A) activities fell to the lowest in a decade in 2023. According to the “Global M&amp;A Report” published by Bain &amp; Co, the total M&amp;A market fell by 15% year on year last year to US$3.2 trillion, the lowest in a decade.

M&A activities hit a low in 2023, pickup expected this year

Meta Bright Group Bhd said its wholly owned subsidiary FBO Land (Serendah) Sdn Bhd and Doople Tech Sdn Bhd have entered a solar supply agreement with Cherengin Hills Sdn Bhd, following its recent collaboration with Doople to form a joint venture (JV) company to bid for renewable energy (RE) projects with a Bumiputera equity requirement.

Meta Bright lands solar supply deal after forming JV company with Doople

Shares of DXN Holdings Bhd surged on Wednesday to its highest in more than a month as analysts continued to urge investors to buy the stock after the health supplement company’s fourth-quarter (4Q) results.

RHB Retail Research said YBS International Bhd is set to resume its uptrend after climbing above the 80.5 sen immediate resistance, surpassing the 21-day simple moving average line.

YBS International set to resume uptrend, says RHB Retail Research 

Digital payments company Block Inc, formerly known as Square, has finished the development of its Bitcoin mining chip as chief executive Jack Dorsey continues to advocate for a more accessible and decentralised system — an effort he’s championed since 2021.

Jack Dorsey’s block finishes development of Bitcoin mining chip

(April 24): JPMorgan Chase CEO Jamie Dimon said the U.S. economy was booming and consumer spending continued to be resilient.

The U.S. economic boom is "unbelievable," Dimon told the Economic Club of New York on Tuesday. "Even if we go into recession, the consumer's still in good shape,...

This was supposed to be the year that Vietnam reaped the benefits from one of its largest natural gas discoveries.

Xi’s armada is winning the battle for energy in South China Sea

International Business Machines Corp (IBM) is in advanced talks to acquire software company HashiCorp Inc, according to people with knowledge of the matter.

IBM is in advanced talks to acquire software provider HashiCorp

Tesla&nbsp;said it will lay off 6,020 employees in Texas and California ahead of its quarterly results on Tuesday when CEO Elon Musk is expected to outline the electric-vehicle (EV) maker's strategy to combat slowing demand and falling margins.

Tesla to cut more than 6,000 jobs in Texas, California, notices show

Shares of construction and engineering contractor Crest Builder Holdings Bhd climbed on Wednesday after bagging a RM486 million condominium project in Mont Kiara.

Malaysia's Digital Transformation

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Malaysia's Digital Transformation

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