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Back in the bad old days of mainframes, “Time-sharing” was how computing power and database storage were provided to the large corporations that could afford it. Computing was less the purchase of goods than a service. The modern cloud-based era has seen the rise of “Software as a service” (SaaS).1 This approach was based on theRead more

Amazon.com shares surged 7% on Friday after the e-commerce heavyweight reported higher-than-expected holiday quarter sales and its lucrative cloud business signaled early gains from AI-powered features. The company joined Microsoft and other tech firms in starting to see results benefiting from their heavy AI investments, while also outlining more spending in 2024 to develop theRead more

（大山腳3日訊）檳州体育委員會主席魏子森說，檳州放眼今年在砂州舉行的2024年大馬運動會中拿下40枚金牌，尤其寄望在非強項的体育項目取得突破。 他說，檳州在2023年馬運會中奪下32枚金牌，今年將目標增多8枚。他鼓勵各体育團体努力提高運動員水准，寄望今年能達到40枚金牌的目標。 “有一些体育項目，是在我們預料之中的，比較有信心拿下金牌，但也不排除一些預料不到的項目，能夠突破摘金，比如去年的馬運會，我們沒有想到足球隊在事隔20多年后能進入決賽并奪下銀牌。” 魏子森今日出席Masverse Edutech有限公司與檳州体育理事會簽署全面杜絕州內運動領域偽造資歷證書的諒解備忘錄儀式後，接受媒體採訪時，這麼說。 隨著上述諒解備忘錄的簽署，在為期1年的合作基礎之下，檳州体育理事會認可Masverse Edutech有限公司作為技術与區塊鏈證書驗證的合作伙伴，并支持對方的區塊鏈認證系統，推廣旗下49個運動協會采納 MyEduID區塊鏈證書。 出席者包括檳州体育理事會總監蔡興華、Masverse Edutech首席執行官郭雄川、銷售總監張焜翔等。 魏子森（右四）出席全面杜絕州內運動領域偽造資歷證書的簽署諒解備忘錄儀式後與嘉賓合影。 Source: guangming.com.myRead more

A key ratings service has warned of a ‘high default risk’ and has warned customers to mitigate their exposure. The post-pandemic era has been brutal for retailers that sell furniture.  People spent a lot of money on their homes during covid lockdowns because they had nowhere else to spend it. This created unprecedented demand forRead more

Bursa Malaysia Bhd chairman Tan Sri Abdul Wahid Omar said that in the first half of 2023, Malaysia’s stock market saw a net foreign outflow of RM4.2 billion, but has pared those losses by RM2 billion in the second half of the year. KUALA LUMPUR (Jan 16): Malaysia saw some RM448 million of net foreignRead more

Bondsupermart Malaysia has received the approval-in-principle from Securities Commission Malaysia to operate a bond marketplace. The subsidiary of SGX-listed iFast Corp aims to launch its bond trading services in Malaysia in the second half of 2024. In an announcement on Jan 20, iFast says Bondsupermart Malaysia wants to be a “centralised and easily accessible marketplaceRead more

KUALA LUMPUR (Jan 11): Malaysia’s wholesale and retail trade recorded a sales value of RM142.6 billion, up 6.2% year-on-year (y-o-y), in November 2023, said the Department of Statistics Malaysia (DOSM). Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said in a statement on Thursday that the increase was driven by the wholesale trade sub-sector, which rose 6.2% or RM3.7Read more

However, high household debt still poses a risk, says data provider BMI. BMI said the rapid unwinding of Malaysia’s credit boom over the past few years could pose a risk to domestic demand. PETALING JAYA: Low inflation and a higher rate of employment are expected to boost consumer spending this year. However BMI, a researchRead more

KUALA LUMPUR (Jan 11): MIDF Research expects Malaysia’s retail trade to expand by 7.5% in 2024, on the back of resilient consumer demand, amid a healthy labour market and softening inflation pressure. The research house said that in the first 11 months of 2023, Malaysia’s distributive trade sales increased by 7.9% year-on-year (y-o-y), with retail trade rising 9.4%. OtherRead more

Which technology trends should retailers be considering in the new year and why is it worth investing time and money in them? We asked a panel of industry experts to talk us through the frontrunners 1. Gen-AI projects gathering pace Artificial intelligence – or, more specifically, AI – was the Collins Dictionary word of the yearRead more