Axrail opens Gen AI lab in Malaysia in collaboration with AWS, Phison

Lab caters to businesses seeking a scalable, fast-tracked AI adoption path Aligns with M’sia’s Digital Economy Blueprint, aiming to pioneer the regional digital economy Axrail, an Amazon Web Services (AWS) Advanced Tier Services Partner in Malaysia, has opened the first Generative AI (Gen AI) Lab in Malaysia and Southeast Asia. This lab showcases cloud and edge solutions to… Source link

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Axrail opens Gen AI lab in Malaysia in collaboration with AWS and Phison

Axrail, an artificial intelligence (AI) subsidiary of Malaysian integrated agro-based business group QL Resources Berhad, has opened a generative AI (Gen AI) lab in Malaysia and Southeast Asia showcasing cloud and edge solutions, to support the growing demand for AI solutions and the nation’s digital economy aspirations. Axrail said in a statement on Monday that the Gen AI lab… Source link

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Alliance Bank to bolster SME ops

PETALING JAYA: Alliance Bank Malaysia Bhd is beefing up its small and medium enterprise (SME) business to carve a stronger market share in this lucrative segment. The SME business, which is a crucial component of the bank’s Acceler8 strategy, currently contributes approximately 26% of its total gross loans in… Source link

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ESG compliance crucial for MSMEs

KUALA LUMPUR: As Malaysia targets to improve the share of micro, small and medium enterprises (MSMEs) in the country’s export market, it would be crucial for these companies to toe the environmental, social and governance (ESG) line. That is the view of Abu Bakar Yusof, deputy chief executive at the Malaysia… Source link

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Empowering Growth: Innovative SME and Startup Financing Solutions in Malaysia

As Malaysia continues to solidify its position as a hub for innovation and entrepreneurship in Southeast Asia, the need for robust financing solutions for SMEs and startups has never been more critical. In response to this growing demand, Syarikat Contat has introduced comprehensive financing options tailored to support the unique needs of small and medium-sized… Source link

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Bits + Bytes: A Miscellany of Technology

This article first appeared in Digital Edge, The Edge Malaysia Weekly on June 24, 2024 – June 30, 2024 NEWS Edotco launches vendor development programme to boost SMEs Edotco Malaysia has unveiled an industry-first capacity development programme for its suppliers and business partners, primarily small and medium enterprises (SMEs), to elevate their capabilities and competitiveness in the… Source link

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Are SMEs ready for e-invoicing?

This article first appeared in Digital Edge, The Edge Malaysia Weekly on June 24, 2024 – June 30, 2024 As the Aug 1 deadline approaches for the first batch of taxpayers — those with an annual turnover of RM100 million and above — to adopt e-invoicing for all their transactions, smaller businesses are bracing for their turn on Jan 1 and July 1 next year. However, concerns over this are… Source link

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Jointly Embarking on a New Chapter: Huawei Consumer Cloud Services and Malaysia Airlines Collaborate to Expand the Chinese Outbound Travel Market, Business News

DONGGUAN, China, June 23, 2024 /PRNewswire/ — Huawei Consumer Cloud Services and Malaysia Airlines have decided to enter a strategic partnership in penetrating Chinese Outbound Travel market. This highly anticipated collaboration was officially announced during the signing ceremony at Huawei’s 2024 Developer Conference. This historic moment was held at the… Source link

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KUSKOP CHANNELS RM272.6 MLN IN FINANCING TO JOHOR ENTREPRENEURS IN FIRST 5 MONTHS

JOHOR BAHRU, June 23 (Bernama) — The Ministry of Entrepreneur and Cooperatives Development (KUSKOP), through its various agencies, has channeled financing worth RM272.6 million to 13,091 entrepreneurs in Johor in the January-May period this year. Minister Datuk Ewon Benedick said RM81.5 million of the amount was channeled to 10,672 Amanah Ikhtiar Malaysia (AIM) entrepreneurs… Source link

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