HSBC Bank Malaysia and HSBC Amanah Malaysia will extend the prevailing financial assistance programmes for individuals and SMEs, in Malaysia, affected by the pandemic.
This follows Bank Negara Malaysia’s (BNM) announcement, today, to extend support in the face of rising economic challenges caused by Covid-19.
The following customers will be eligible:
- Individual retail customers or their spouses categorised as B40 and registered on Bantuan Sara Hidup (“BSH”) or Bantuan Prihatin Rakyat (“BPR”),
- Microenterprises and SMEs that are directly impacted as they are unable to operate during the Full Movement Control Order (FMCO),
- Individual retail customers who have recently suffered loss of employment due to the pandemic
RHB Banking Group has announced its new Group Management Organisation Structure that entails the setting up of new Strategic Business Groups (“SBG”) and the appointment of existing senior management members to head these SBGs, as part of its effort to further strengthen the senior management bench.
This new organisation structure involves the creation of two new SBG, namely Group Community Banking and Group Wholesale Banking.
Within this, Group Community Banking will comprise all existing Retail Banking businesses as well as SME Banking business, while Group Wholesale Banking will comprise Group Investment Banking, Group Corporate Banking, Group Treasury & Global Markets, Group Asset Management, Commercial Banking, Transaction Banking, and Economics.
Microsoft has launched the first Asia Pacific Public Sector Cyber Security Executive Council bringing together a coalition of policy makers from government and state agencies, as well as technology and industry leaders, to build a strong communications channel for addressing cyber threats and sharing best practices across the participating countries.
Joining the council are 15 policy makers from Brunei, Indonesia, Korea, Malaysia, Philippines, Singapore, and Thailand, supported by cybersecurity professionals from Microsoft.
The council is looking to build a community where threat intelligence, technology, and resources can be shared in a timely and open manner.
Malaysia Digital Economy Corporation (MDEC) has launched MDEC Innovation Exchange (MIX) as part of the agency’s corporate innovation programme to accelerate the digitalisation of the nation’s economy.
MDEC said MIX will act as the essential link between corporates and high calibre local technology startups and scale-ups, enabling organisations to realise their asset value, understand their pain points, and pervasively deploy and utilise digital and data technologies.
The programme, which is open to all corporates, is set to be a game-changer in pushing for industrial advancement in Malaysia while contributing to the successful growth of the nation’s startup scene.
Business as usual is no longer sustainable and the Covid-19 pandemic has proven that over the last one year. The pandemic had accelerated all progress into a digital economy within a year as cashless transactions and work-from-home dominated workforces.
Digitalisation and sustainability became the key words for change for many businesses worldwide and while some saw the transition smooth, others struggled.
On a positive note, Asia is rebounding and are already showing early signs of strong growth. The IMF forecasts that with the unprecedented policy stimulus around the region to support the recovery, growth in Asia is projected to rebound strongly to 6.6 percent growth this year, following a 1.6% contraction in 2020 given no further disruptions to the market.
IBM Security has introduced new Software as a Service (SaaS) version, specifically designed to simplify how organisations deploy a zero trust architecture across the enterprise
A zero trust is a framework for business to modernise their overall security programs and helps them adapt to the risks emerging from their changing business environment.
The new IBM Security zero trust blueprints (SaaS) is a version of IBM Cloud Pak for Security. It offers a framework for building a security program designed by applying the core principles of zero trust: least privilege access; never trust, always verify; and assume breach.
