Author: Karamjit Singh
It is no surprise that the impact of China vendors Huawei and ZTE in the telecommunications vendor space has forced a brutal slashing of prices. Established players such as Ericsson, Motorola, Alcatel-Lucent, Siemens and Nokia have been forced to undertake dramatic restructurings to compete.
MSC-Status company N2N Connect Bhd described its June 5 deal in Manila as a landmark, not just the US$9.4 million) value of the deal over a five-year period, but because in one swoop, N2N has managed to provide an exchange-wide online trading facility for the Philippine Stock Exchange.
The R&D in Malaysia’s electrical and electronics ecosystem sticks out like a sore thumb. Aside from a few companies such as Intel, Motorola, Infineon and a handful of others, the four-decade old industry has not triggered a culture of R&D. Enter the Collaborative Research in Engineering, Science and Technology (CREST).
Track record sees it getting new funds where other agencies funds are cut Unused VC funds of up to RM50m to be transferred to new Khazanah firm When Digital News Asia meets Norhalim Yunus, chief executive officer of the Malaysian Technology Development Corporation (MTDC), he launches into a spirited defense of the fund he has been CEO of since 2008.
It was a big day for Agensi Inovasi Malaysia (AIM), a statutory body set up by the Malaysian Government to fuel the push towards establishing an “innovation economy, as it signed three term sheets with three of the five companies it plans to invest in.
One thing Jamie Jackson is not short of is confidence. A candidate for the Australian Ernst & Young Entrepreneur of the Year award, Jackson, chairman of Apac Sale Group, an online discount retailer for premium fashion brands, expresses confidence that he will “win.”
Piktochart, helmed by the wife-and-husband team of Goh Ai Ching and Andrea Zaggia, is off to Silicon Valley this weekend for the experience of a lifetime. With the start-up community here keenly interested in how they do, Digital News Asia decided to go back to basics and ask Goh, who is the face of Piktochart, about the journey so far, her own background and what she has learnt so far.
As the grand winner of the start-up competition that began last October during the Silicon Valley Comes to Malaysia conference, Goh Ai Ching has the opportunity to turbocharge her company Piktochart’s potential during the one-month stint it begins next week in the Valley.
With US$250 million in sales from Australia and New Zealand, Apac Sale Group is ready to take on Asia with Malaysia, Singapore and Thailand already on board and Indonesia, South Korea, the Philippines and Vietnam on the cards.
It is easy for aspirational words like innovative, creative or out-of-the-box to roll off our tongues, yet how so very tough it is to actually practise and embed these words into our DNA so that we are living, breathing, walking, and talking examples of it.