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In an era marked by increasing digitalization and rampant cyberthreats, the Asia-Pacific (APAC) region faces a critical challenge: a significant shortage in cybersecurity talent. Coupled with the rapid advancement of malicious techniques, there is an urgent need for innovative solutions to bolster cyber-defenses. As of 2022, the Asia-Pacific (APAC) region had a shortfall of 2.1Read more

KUALA LUMPUR: ITMAX System Bhd has secured a contract worth RM111.24mil from Iskandar Puteri City Council (MBIP) for the provision of video surveillance and smart traffic light system services. In a filing with Bursa Malaysia, ITMAX said its 65% owned subsidiary, Southmax Sdn Bhd (SSB) accepted a letter of award from MBIP in relation toRead more

Tech firm HubSpot produced new AI tools for proactive consumer services. Transforming consumer demands has transformed the way businesses offer their services. This is why new Generative AI tools have started to step in to improve businesses’ approach with customers. An example of this upgraded AI tool is HubSpot’s own AI-powered product which has featuresRead more

The LazMall Brands Future Forum 2023 recognised top performing and innovative brands that deliver exceptional online shopping experiences to consumers in South-East Asia. LAZADA, South-East Asia’s ecommerce pioneer, hosted the fourth edition of the LazMall Brands Future Forum (BFF) on Aug 31 at Marina Bay Sands Expo & Convention Centre, Singapore. The annual conference broughtRead more

Generative artificial intelligence (AI) is positioned on the Peak of Inflated Expectations on the Gartner, Inc. Hype Cycle for Emerging Technologies, 2023 and is projected to reach transformational benefit within two to five years.  In a statement, the research firm said generative AI is encompassed within the broader theme of emergent AI, a key trendRead more

Retail Group Malaysia cuts the industry’s annual growth rate projection to 2.7% from 4.8% previously. PETALING JAYA: Retail Group Malaysia (RGM) has lowered its projection for the annual growth rate of the local retail industry to 2.7%, based on a disappointing sales performance in the second quarter of 2023 (Q2 2023). It had previously estimatedRead more

This is due to the cross-border interoperability within countries in the region.  The volume of QR code payments in Southeast Asia is expected to skyrocket by 590% in 2028 to reach 90 billion from 13 billion in 2023, a report by Juniper Research found. The significant increase in the region and other developing markets isRead more

KUALA LUMPUR: Bursa Malaysia ended higher today in sync with regional bourses’ upbeat performance as market sentiment turned positive and fuelled investors’ risk appetite. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 11.49 points to end at the intraday high of 1,463.43 from 1,451.94 at Wednesday’s close. The barometer index opened 9.97Read more

Human use computer to control the robot arms working in procuction convoyed in the smart factory industry 4.0, high tech machinery, isolated flat illustration In the years since the pandemic first rocked global supply chains, retailers have rushed to reduce their reliance on certain countries for manufacturing. In early 2020, that country was China, aRead more

BALI (Indonesia), Aug 24 — Businesses are strongly encouraged to adopt artificial intelligence (AI) for their operations as it would enhance cybersecurity measures to protect their organisation, said Kaspersky APAC managing director Adrian Hia.  Citing a report from the International Market Analysis Research and Consulting Group, Hia said the Asia Pacific (Apac) AI market sizeRead more