News In Brief

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Welcome to our ‘News In Brief’ column in which we digest all the news releases for you in no more than five paragraphs. Below are snippets of all the media releases we received from April 10 till the end of the week. This column updates regularly throughout the week.

GHL Launches Safer Online Transactions

GHL Launches PayNet’s MyDebit Secure Card-Not-Present for Safer Online Payment Transactions.

Kuala Lumpur, April 10: GHL Systems Berhad (GHL) announced earlier today that it has enabled
MyDebit Secure CNP (Card-Not-Present) from Payments Network Malaysia Sdn Bhd (PayNet) which is set to benefit over 1,500 of GHL’s online merchants.
GHL is the latest PayNet ecosystem participant to offer the more secure and safer online card-not-present payment solution in this country.
Among GHL’s key online merchants that will benefit from this enablement are Best Buy World Malaysia, Easystore Commerce, Nihon Skin, EGroup Tech and CLT Asia Sdn Bhd (Camel Active online retailer).
Forbes reported 20.8 per cent retail purchases globally are expected to take place online this year.
By 2026, it is expected to grow to 24 per cent.
Global retail e-commerce transactions value is expected to reach USD6.3 trillion this year, led by the Asia Pacific region growing at over USD2 trillion in revenue.

Mortar Marketing Launches World-First Platform

Adelaide, April 11:  Mortar AI, a marketing automation platform, announced the launch of Mortar Marketing – a world-first SaaS technology that offers digital marketing agencies direct access to a programmatic trade desk, AI-driven 1st party data technology, and Customer Data Platform (CDP).
This innovative solution creates new revenue streams for both the agency and its clients, empowering agencies to deliver personalised and targeted campaigns that utilise advanced data analytics and insights.
The platform’s unique ability to leverage first party data technology and access a programmatic trade desk is a game-changer for agencies, as it offers a secure and privacy-focused solution that avoids the pitfalls of third-party cookies.
With third-party cookies soon to be phased out, Mortar Marketing’s platform ensures that agencies can continue to provide high-quality marketing solutions for their clients and create new revenue streams.
The programmatic trade desk is a crucial platform feature, allowing agencies to access real-time bidding across multiple channels and devices.

Cohesity Collaborates with Microsoft 

Singapore, April 12: Cohesity, a leader in data security and management has  announced an expanded relationship with Microsoft that is focused on helping enterprises  globally broaden and harden data security critical as cyberattacks are occurring every 39  seconds with 30,000 websites hacked daily and costing the global economy $6.9 billion in  2021. 
Cohesity, which is already using AI to help customers detect anomalies that can indicate a  cyberattack in play, believes AI can be used in other ways to rapidly analyse vast volumes of  data and enable IT and security operations to respond to a security breach — faster and with  improved accuracy. 
Cohesity will put forth its AI-ready data structure that, when combined  with OpenAI, will advance generative AI initiatives around threat detection, classification,  anomaly detection, and more.
To hear more about the impact AI can have on data security and  management, Cohesity’s expanded relationship with Microsoft, and opportunities for customers  to secure, protect, and derive value from data, watch this special edition of Spotlight on Security on April 11 which will feature key Microsoft and Cohesity executives.
With so many organisations expanding their data footprints into hybrid and multi cloud  environments, attack vulnerabilities are increasing, and data security and protection is becoming  more complex. 

Epson Creates 3-D Model for Advanced Magnet Motors

Auckland, April 13: Researchers at Epson have developed a 3-D analytical model for AFPMs, the world’s first with an arbitrary number of poles and PM arrangement.
The model accommodates physical phenomena in the motor and offers rapid assessment of operation characteristics of AFPM designs.
The AFPM offers potential for flatter geometry, larger energy savings, higher efficiency, and higher torque.
The model’s development is expected to contribute to the realisation of next-generation, high-performance and high-efficiency motors for various industrial areas, such as multi-jointed robot arms and electric vehicles.
An academic article about the study was accepted by IEEE Access and published on Jan 3.

MiCare Teams Up with Alpro Pharmacy

Kuala Lumpur, April 13: Alpro Pharmacy and MiCare have announced that their Corporate Disease Management Program (CDMP) has generated RM8 million in savings on medication costs for MiCare’s corporate members, including several multinational companies in Malaysia, in just two years.
The CDMP provided by Alpro to MiCare’s corporate members includes the Corporate Panel Pharmacy Service, which involves a pharmacist cross-checking prescriptions from clinics before dispensing them to the corporate user.
This additional layer of intervention has contributed to the cost-savings for users. Alpro has also provided its complimentary Corporate Wellness Programme to over 15,000 of MiCare’s corporate members, which includes preliminary health screening, virtual health talks, and webinars to more than 100,000 employees.
According to Alpro’s dispensing records, the top three diagnoses amongst the corporate workforce are High Blood Pressure, Dyslipidemia (High Cholesterol), and Diabetes.
These non-communicable diseases (NCDs) were estimated to cost RM8.91 billion annually from productivity losses due to absenteeism, presenteeism in the workplace, and the premature death of the working-age population in Malaysia. T
he Corporate Wellness Programme, which involves healthcare professionals such as pharmacists, audiologists, nutritionists, dietitian, and physiotherapists, aims to detect NCDs early and control them effectively to potentially improve workforce productivity.

Bitdeer Debuts Nasdaq

Singapore, April 13: Bitdeer Technologies Group is a Singapore-based technology company that provides comprehensive digital asset mining solutions for the cryptocurrency mining community.
The company handles complex processes involved in mining, such as miner procurement, transport logistics, mining data center design and construction, mining machine management, and daily operations.
Bitdeer has mining data centers deployed in the United States and Norway.
With the completion of their business combination with Blue Safari, Bitdeer’s Class A ordinary shares will commence trading on the Nasdaq under the ticker symbol “BTDR” on April 14.

VCIG Closes First Day of Trading on Nasdaq

Kuala Lumpur, April 13: VCI Global Limited, a multi-disciplinary consulting group based in Malaysia, announced the commencement of trading of its ordinary shares on The Nasdaq Capital Market under the ticker symbol “VCIG.”
The shares began trading above the offering price at $4.25 after the Company priced its firm commitment underwritten public offering of 1,280,000 shares of ordinary shares at a public offering price of $4.00 per share, which generated gross proceeds of $5,120,000 for the Company before underwriting discounts, commissions, and other Offering expenses.
Boustead Securities, LLC and Sutter Securities, Inc. acted as underwriters for the offering. VCI Global provides business and boardroom strategy services, investor relations services, and technology consultancy services to clients ranging from small-medium enterprises and government-linked agencies to publicly traded companies across various industries.
Its operations are solely in Malaysia, with clients primarily from Malaysia, but also from China, Singapore, and the US. More information about VCI Global Limited that is available here.

SNS’s Latest Recognition

From L-R: Kelvin Pah, Executive Director of SNS and Denny Kim, President of Samsung Malaysia Electronics.

Ipoh, April 14: SNS Network Sdn Bhd, a subsidiary of SNS Network Technology Berhad, a provider of ICT systems and solutions, has been awarded the “Enterprise Business Strategic Partner recognition on April 7 by Samsung Malaysia Electronics (SME) Sdn. Bhd.
The award acknowledges the Group’s commitment to advancing education through technology and collaborations with Samsung Malaysia on various projects.
This recognition highlights the Group’s efforts and dedication to promoting digital education.
According to SNS, the provision of tablets to students is a necessary step towards achieving digitalization in education. 
With the help of these tablets, students can learn more effectively and efficiently, as they can access a vast collection of educational resources and interactive learning materials.

Spritzer EcoPark Lights Up for Raya

Kuala Lumpur, April 14: From now until May 22, Spritzer EcoPark will be illuminated to welcome visitors from all over.
The festive decorations, which blend modern elements with nostalgic “balik kampung” themes, will provide a perfect backdrop for visitors to create unforgettable memories with their loved ones.
To align with Spritzer’s commitment to sustainability, recycled bottles will be used in the decorations to promote the appreciation of nature and its vital role in ensuring clean water sources.
To enhance the festive atmosphere, Spritzer EcoPark will offer a range of exciting activities from April 21 to April 30, 2023, including pedal kart rides, mini golf, crafting with recycled materials, outdoor giant bubble, snacks, and beverages.
A special highlight for the event is the new Sparkling Nanas Laici beverage, a unique recipe created by Khairul Aming and endorsed by Spritzer ambassadors and local artists Ayda Jebat and Meerqeen. It will be available during the Hari Raya celebrations.
As part of the Spritzer Sparkling campaign, customers who purchase two 1-litre bottles of Spritzer Sparkling will receive two complimentary golden stirrers.
Additionally, there will be various Spritzer products and combo packs on offer.

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