Author: Karamjit Singh
UPDATED Jaring Communications Chairman Datuk Dr Md Khir Abdul Rahman says they were only surprised at timing of CEO resignation and that the turnaround plan the ex-CEO structured is only just taking off. In the interim Khir will make sure that Jaring will continue to focus on plans and activities which are value creation.
Malaysia proved to be a unique challenge to Japan’s Rakuten, but was an attractive enough market for the globally successful e-commerce superstar to take risks it has never taken done before in any other country.
TIME dotCom rolls out its broadband consumer service, saying that it's going to blow its competitors out of the water. Fun times indeed in the Malaysian tech ecosystem.
The momentum that the Iskandar Malaysia development hub is experiencing can be seen in the numbers: From an average investment of between RM8 billion and RM10 billion from 2006 to 2009, rising to between RM12 billion and RM15 billion in 2010-2011, this year will see the committed investment hit RM20 billion says an excited Datuk Ismail Ibrahim, chief executive officer of the Iskandar Regional Development Authority or IRDA.
Reza Ismail, director at Rofarez Solutions, has a big dream for his software startup: “Our vision is to develop SAP level business software, deliver it on the cloud, akin to flying in a world-class airline at AirAsia prices.”
Frost & Sullivan expects to invest an estimated US$176 million into its Global Innovation Center in the Iskandar Malaysia development hub by 2020. Its global president and managing partner Aroop Zutshi talks to DNA founder Karamjit Singh on the reasons he believes that the development of the GIC will be a real game-changer for the future of the company. [Video included].
With great power comes great responsibility. For Rizatuddin Ramli, the boyish-faced chief executive officer of Malaysian Bio-XCell Sdn Bhd, one can say, with great investment, comes great expectations.
Alvin Koay, who made his mark in the first dotcom wave and is selling his mobileapps.com domain for a cool US$1 million, shares his advice for the next wave with DNA founder Karamjit Singh.
Alvin Koay is not a name that will ring a bell for many of us in the tech ecosystem in Malaysia. Nor has he made it any easier for the ecosystem to know about him either, preferring to keep a very low profile while not mixing with his fellow entrepreneurs -- but he may very well be Malaysia's first e-commerce millionaire.
Catcha co-founder and group CEO Patrick Grove will hit a hattrick of Internet listings come Sept 11 when iCar Asia Ltd, of which he is chairman, hits the Australian Stock Exchange (ASX) with an opening market capitalization of around RM100 million (US$32.4million).