News In Brief

Welcome to our “News In Brief” column in which we digest all the news for you and write them in no more than five paragraphs.

Education: Grants worth RM1M Up for Grabs

Kuala Lumpur: The Association of Chartered Certified Accountants (ACCA) has teamed up with 17 top learning institutions to offer grants worth RM1 million to a thousand Malaysian students to fulfil their dreams of pursuing a successful career in the accounting and finance sector.
The bursary will be given through Foundation in Accountancy (FIA) with the ACCA also known as the “FIA-1-Million” campaign.
“The accountancy profession is one of the key areas that are currently under-served in Malaysia,” ACCA Maritime South-East Asia head of ACCA Edward Ling said in a statement. 
“To meet our country’s aspiration of developing 60,000 accountants to support our transformation into a developed nation.
“We need to work together with our partners in the education and government sectors as well as employers to look into new ways of developing and increasing the number of students embarking on the profession which we have identified as necessary for Malaysia’s growth,” he said. 

Sport: World’s Largest Connected Stadium

Petaling Jaya: NTT Ltd and A.S.O have announced that it will create the world’s largest connected stadium, a concept unique to the Tour de France, generating a ‘digital twin’ of the event. 
Millions of data points will be collected and brought to life through stunning, insightful visualisations and digital experiences for fans, as well as new services to support the event operations for this three-week-long race that takes place from tomorrow till July 28.
“The digitisation of the Tour de France began in 2015 by capturing data from the cyclists to provide real-time updates,” Peter Gray, Senior Vice President, Advanced Technology Group, Sport at NTT Ltd said. 
“Every year we have been able to take the technology to the next level, this year we are creating what is essentially a digital twin of the event. 
In other words, due to ongoing travel restrictions and COVID-19 safety measures, this year, NTT and A.S.O, will deliver a host of digital experiences to engage fans around the world, which includes Race Centre, LeTourData, 3D Tracker, Tour de France Fantasy by Tissot and NTT Media Wall.

Money: KL Fintech Scene Thriving 

Singapore: A new report released by Mambu and findexable has shown that fintech is thriving with 50 new cities and 20 new countries added to the index. 
Kuala Lumpur in particular has performed very well, up 11 places and ranked 67 in the world.
“The past year has seen an enormous amount of transformative change taking place across the Asia Pacific region, with Malaysia, in particular, making huge progress in digital banking, ” Mambu APAC managing director Myles Bertrand said in a statement.
“This is quite an achievement and is likely to encourage greater fintech innovation in Malaysia. 
“Mambu is working closely with several fintech and financial service providers in Malaysia and we are incredibly excited about what’s in store for the near future.

Money: Slurp! To Raise RM3.5M 

Kuala Lumpur: Malaysia’s emerging retail-tech brand Slurp! Point-of-Sales (POS) is seeking to raise RM3.5 million funds through the pitchIN equity crowdfunding platform. 
Slurp! plans to allocate the funds into three business areas — approximately RM1.8 million for managing human capital, RM1.5 million to support its market expansion plan within Malaysia and into Southeast Asia and the United States, and the remaining on product research and development.
“Slurp! has been thriving for the last couple of years,” Slurp CEO Reza Razali said in a statement.
“No doubt, the COVID-19 pandemic has caused some setbacks but overall, our profits jumped from about a half-million ringgit in 2019 to RM1.9 million last year. 
Slurp! started in 2014 as a POS solution for F&B outlets and launched its Slurp! Fuel Retail POS last year. 

Money: Central Global Makes Two Appointments

Kuala Lumpur: Central Global Bhd has appointed Yang Hormat Mulia (YHM) Tengku Datuk Indera Abu Bakar Ahmad and Shaharuddin Abdullah as non-executive directors of the Group effective immediately.
YHM Tengku Abu Bakar, 36, is currently chairman of Fomema Sdn Bhd, which operates a foreign workers’ medical examination screening system in Peninsular Malaysia, as well as chairman of several other related companies.
Shaharuddin, 60, spent his entire career in the Royal Malaysian Police and retired as an Assistant Commissioner of Police where his last posting was as Head of Administration for the Human Resources Department. 
Founded in 1972, Central Global Berhad is principally involved in manufacturing and construction.
It is a specialist in industrial tapes and labels stock manufacturing as well as a one-stop solution provider for crepe-paper masking.

Sport: COVID-19 Still Affecting Australia

Sydney: An estimated 253,000 more Australian adults participated in golf last year compared with 2019, while 185,000 more participants played tennis.
The findings have been revealed in the latest data from Sport Australia’s AusPlay and Community Perceptions Monitor surveys.
“While men drove the increases in golf, tennis, and mountain biking, women contributed more than men to the increases in walking, running, bushwalking, swimming and yoga participation,” Sport Australia Acting CEO Rob Dalton said in a statement.
“Sports like golf and tennis, which were not as affected by lockdowns and restrictions have seen significant increases in overall participation over the past 12 months.”
These findings have been revealed in the latest data from Sport Australia’s AusPlay and Community Perceptions Monitor which can be found here.

Money: MR D.I.Y Supports Govt’s eBelia Initiative

Kuala Lumpur: Malaysia’s largest home improvement retailer – MR D.I.Y will support the government’s eBelia initiative by collaborating with ShopeePay and Touch ‘n Go eWallet to reward eligible Malaysian youth who redeem their eBelia credit via these two e-wallet providers with cashback vouchers from MR D.I.Y. 
These cashback vouchers will be automatically credited into the accounts of those who redeem their e-Belia credits via ShopeePay and Touch ‘n ‘Go. ShopeePay users will receive an RM5 cashback voucher that is redeemable at MR. D.I.Y. and MR. DOLLAR stores with a minimum purchase of RM10, while Touch n’ Go e-wallet users will receive an RM2 cashback voucher that is redeemable at MR D.I.Y. stores when they spend a minimum of RM40. 
“It’s yet another way for us to deliver on our promise of “Always Low Prices”, and we thank ShopeePay and Touch ‘N Go for working with us to make it happen,” MR D.I.Y. ‘s Group Vice President of Marketing, Andy Chin said in a statement.
All vouchers issued are on a first-come-first-served basis, and redemption is limited to one voucher for each eBelia recipient.
The reward programme runs from now till July 31.

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