New AWS Region Boosts Cloud Capabilities in ASEAN

SUBANG JAYA, MALAYSIA – Media OutReach Newswire – 13 September 2024 – G-AsiaPacific, subsidiary of K-One Technology Berhad, recently crowned the AWS Partner of the Year Malaysia 2024, celebrates the launch of the AWS Asia Pacific (Malaysia) Region, a strategic move that positions Malaysia as a key digital transformation hub in Asia.

Malaysia: The Emerging Digital Transformation Hub

The establishment of the AWS Region in Malaysia underscores the country’s growing significance in the global technology landscape. By bringing world-class cloud infrastructure closer to developers, startups, and enterprises, as well as government, education, and non-profit organisations, will have greater choice for running their applications and serving end users from AWS data centres located in Malaysia. G-AsiaPacific is proud to be an AWS Advanced Tier Partner to continue to empower local enterprises and public sector organisations to leverage advanced cloud technologies effectively.

“Malaysia is poised to become a leader in the digital landscape within ASEAN, and the launch of the new AWS Region plays a critical role in that journey,” said Mark Goh, CEO and Co-founder of G-AsiaPacific. “By providing businesses such as retail and manufacturing, logistics, automotive, healthcare with access to the world’s most comprehensive and broadly adopted cloud while meeting data residency preferences, we are facilitating faster and more efficient adoption of cloud technologies across industries. This is a significant step towards realising Malaysia’s vision of becoming a regional digital economy powerhouse.”

Catalyzing Growth and Innovation

The new AWS Region in Malaysia will offer Malaysian businesses, from startups, small and medium sized businesses to large enterprises, as well as government and public sector organisations the ability to innovate at scale, reduce latency, and meet data residency preferences. G-AsiaPacific is uniquely positioned to help organisations capitalise on these new opportunities through its deep expertise in AWS services and cloud advisory capabilities. For instance, by optimising the e-commerce platform of leading Malaysian retailer Padini, G-AsiaPacific ensured seamless online shopping experiences, even during peak sales periods. This is just one example of how businesses can benefit from the local presence of AWS infrastructure, enabling faster data processing and cost-effective scalability.

TF Value Mart, one of the largest retail chains in Malaysia, managed to save 35 percent on infrastructure costs by migrating to AWS in 2018 under G-AsiaPacific’s recommendation. They have implemented enterprise resource planning (ERP), backup and disaster recovery solutions to achieve high availability and stability that offers seamless operations and business continuity. To maintain a smooth user experience for its employees, TF Value-Mart has upgraded most of its virtual machines to Amazon EC2 R5 Instances, which are memory optimised for accelerated performance.

G-AsiaPacific also provides readily deployable and cost-effective software as a service (SaaS) solutions for businesses of all sizes. They design and implement internet of things (IoT) solutions to gain real-time insights and improve operational efficiency.

Stay updated as G-AsiaPacific and AWS continue to explore the potential of the new AWS Region in Malaysia, driving innovation and digital transformation across ASEAN.

For more information, visit g-asiapac.com.
Hashtag: #DigitalTransformation #AWS #GAsiaPacific #ASEAN

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About G-AsiaPacific

G-AsiaPacific, headquartered in Malaysia with offices in Indonesia, Vietnam, and Singapore, is a leading cloud solutions provider and recognized as the 2024 AWS Partner of the Year Malaysia. Specialising in cloud advisory and migration services, G-AsiaPacific enables businesses to achieve their digital transformation goals through innovative, customised cloud solutions. With a commitment to excellence and a focus on customer success, G-AsiaPacific is driving the future of cloud technology across Malaysia and the ASEAN region.

The launch of the new AWS region in Malaysia aligns with G-AsiaPacific’s mission to empower businesses across the ASEAN region to embrace digital transformation. This expansion creates a strong foundation for innovation and collaboration, enabling businesses to compete on a global scale.

For 10 years, G-AsiaPacific has helped Malaysian customers across various sectors including enterprises, small and medium-sized businesses (SMBs), independent software vendors (ISVs), and startups, to embark on successful cloud journeys.

HONG KONG SAR – Media OutReach Newswire – 13 September 2024 – The climate crisis is an urgent issue in today’s society. To achieve the goal of carbon neutrality by 2050, CS Tech Solution Limited (CS Tech) has taken the lead in introducing and developing carbon capture and utilization (CCU) technology tailored specifically for the Asian market. CS Tech is dedicated to developing cutting-edge technology that captures CO2 emissions from industrial processes and converts them into valuable products, thereby reducing greenhouse gas emissions. By providing sustainable and cost-effective solutions to various industries in Asia, CS Tech is taking the lead in promoting carbon reduction through carbon capture and utilization technology, contributing to environmental efforts.

CS Tech’s core offerings include:

• State-of-the-Art Carbon Capture Technology: CS Tech offers state-of-the-art carbon capture systems designed to capture CO2 emissions from various industrial processes, enabling organizations to significantly reduce their environmental footprint. Combining its own equipment with the latest capture technologies to capture and liquefy CO2, CS Tech provides comprehensive solutions for effective carbon capture and utilization.
• Carbon Utilization Innovations: CS Tech specializes in efficiently converting captured CO2 into valuable products and ensuring the permanent storage of the CO2, thereby contributing significantly to the reduction of carbon emissions, and promoting the development of a circular carbon economy.

• Carbon Credits: CS Tech offers high-quality carbon credits through its carbon utilization methods to help organizations offset their carbon emissions, promote sustainable development, and participate in the global carbon market.
• Continuous R&D and Commercialization: CS Tech’s commitment to ongoing research and development, coupled with a focus on commercialization, ensures that CS Tech remains at the forefront of carbon capture and utilization technologies, driving innovation and real-world applications.

CS Tech is committed to working closely with businesses, research institutions, and government agencies across Asia to accelerate the adoption of carbon capture and utilization technology. Through partnerships and collaborations, significant progress is being made towards a more sustainable and net zero future in the region.

A two-day large conference and exhibition, ReThink HK 2024, held on September 12 and 13 at the Hong Kong Convention and Exhibition Center, attracted over 10,000 business leaders, investors, sustainability professionals, ESG researchers, and more, working together to achieve sustainable goals. CS Tech is exhibiting again this year, showcasing a model of carbon capture system imported from the UK and a model of self-developed carbon utilization equipment, drawing significant attention. Dixon, Founder and CEO of CS Tech, said, “CS Tech is committed to enhancing sustainable development in the Asian region. Our leading carbon capture and utilization technology is initially used in building materials, contributing to a net zero future. We hope that carbon emissions not only get managed but also transformed into sustainable opportunities. Our core values of innovation, sustainable development, and reforming traditional industries guide us in building a greener future.”

For more information about CS Tech and the transformative carbon capture and utilization solutions tailored for Asia, please visit the website at www.cstechc.com or contact CS Tech at info@cstechc.com.

Hashtag: #cstech

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The 4D Captive Screw is designed for both customer and manufacturer convenience. Customers keep all the benefits of captive screws, such as easy ergonomic operation, clearly marked touch points, and the lack of small pieces during removal. Meanwhile, manufacturers can enjoy the usual wide range of installation options and head styles, all while simplifying their installation process. 4D Captive Screws feature a self-aligning knob, so there is no stabilizing plug to remove after installation. Additionally, increased tolerance allows manufacturers to install multiple press-in screws at once without worrying about minor height differences.

The 4D Captive Screw also available in a variety of knob styles, and supports many different installation methods. Standard nylon knobs are available in black, green, and blue, with additional custom colors available on request. These knobs are designed to be comfortably operated by hand, but are also available with No.2 Phillips, T10 TORX, and T15 TORX recesses for easy tool operation.

This versatility combined with time-saving innovations for manufacturers make the Southco 4D Captive Screw a fantastic choice for those seeking to provide convenience for customers while simplifying their manufacturing process.

For more information about the 4D Captive Screw, please visit www.southco.com/4D-Captive-Screw or email the 24/7 customer service department at info@southco.com.

Hashtag: #southco #screws #SMT #timesaving #touchpoint #manufacturing

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About Southco

Southco, Inc. is the leading global designer and manufacturer of engineered access solutions. From quality and performance to aesthetics and ergonomics, we understand that first impressions are lasting impressions in product design. For over 70 years, Southco has helped the world’s most recognized brands create value for their customers with innovative access solutions designed to enhance the touch points of their products in transportation and industrial applications, medical equipment, data centers and more. With unrivalled engineering resources, innovative products and a dedicated global team, Southco delivers the broadest portfolio of premium access solutions available to equipment designers throughout the world.

This expansion builds on the agency’s established presence in Hong Kong and Singapore, marking a significant step in its efforts to deepen connections within mainland China and further establish its role in the evolving APAC social media landscape.

“Last year, 40% of our top clients were mainland Chinese tech companies seeking support across Southeast Asia and globally; therefore, we logically seized the initiative to set up a new branch in Shenzhen to closely serve our new clients and partners in their strategic expansion,” says Albin Lix, Founder and CEO of Digital Business Lab.

The agency has successfully run campaigns in over 13 Asian countries, serving over 200 brands from the technology, finance, luxury, food & beverage industries and beyond. This includes supporting brands like Alibaba, DreameTech, and Ant Financial in building their presence across different Asian cultures and regions and assisting Chinese companies like DreameTech and Ant Group expand their global reach.

The office will further allow Digital Business Lab to immerse itself in the Greater Bay Area’s tech culture and social media ecosystem, offering clients enhanced opportunities for collaboration and growth.

Albin Lix added, “In the first half of 2024, we leveraged platforms like Xiaohongshu to drive engagement for major events such as the AIA Carnival and Hong Kong Rugby Sevens, capturing fresh interest from mainland Chinese audiences. With our new presence in Shenzhen, we are poised to continue aligning marketing strategies with business objectives, helping clients across the APAC region shorten their conversion funnels and achieve tangible results.”

As Digital Business Lab expands, this growth reflects geographical expansion and the agency’s ongoing commitment to helping clients shorten their conversion funnels by aligning social media strategies with business goals across the APAC region.

Hashtag: #DigitalBusinessLab

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Digital Business Lab

Digital Business Lab creates business-driven experiences that engage communities, excelling in social media strategy (organic, influencer, paid), creative productions (Video, Live Streaming, Design), and Web 3.0 experiences (NFTs, Metaverse).

The agency operates from Hong Kong, Singapore, and Shenzhen offices and delivers impactful regional and global projects that drive innovation and connect audiences worldwide.

The initiative saw five pioneering Hong Kong tech startups take part in a rigorous six-month training and US market expansion programme in the global heart of innovation and technology (I&T). In doing so, they introduced groundbreaking innovation in fields from AI to green tech to the global stage, securing contracts and investments worth over US$15 million (approximately HK$117 million) in total, along with numerous business and investment leads.

The programme is part of HKSTP’s efforts to empower homegrown startups to seize global business opportunities. In partnership with global innovation platform Plug and Play and other investors and partners, it provides comprehensive training, business development and fundraising support tailored to the needs of individual startups. The goal is to help startups establish a strong footing not only in North America but in other international markets as well and secure support from investors and strategic partners.

Mr Albert Wong, Chief Executive Officer of HKSTP, said: “I am immensely proud of the achievements of the five startups which is a testament that Hong Kong startups have the capability to make their mark at a global level. It has always been HKSTP’s mission to propel the success of our partnering companies. We look forward to catapulting more and more of our startups to shine on the global stage and create impact in the world with their innovative solutions.”

The five participating startups, partners of HKSTP’s incubation and acceleration programmes include: HK Leadus Innovation, dedicated to the research and production of new vacuum-insulated glazing building materials; ÖKOSIX, manufacturers of biodegradable medical-grade materials; RaSpect, providing AI solutions for smart cities and building inspections; Novelte Robotics, which specialises in developing intelligent robots; and GoGoChart, developers of an AI-powered digital advertising management platform.

HKSTP is preparing for the next wave of the HKSTP Global Booster Programme in 2025. The forthcoming cohort will expand significantly to welcome involvement from a total of 10 startups. As HKSTP continues to gather pace as a catalyst for innovation and collaboration, these efforts promise to raise Hong Kong’s position in the global I&T ecosystem, driving success and opportunities for emerging entrepreneurs.

Appendix – Five Hong Kong Startups participating in the HKSTP Global Booster Programme

Hashtag: #HKSTP

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SpeakIn FindACoach brings the collective experience and expertise of Asia’s top thought leaders, subject matter experts, and certified coaches directly to professional learners.

Backed by research that shows that 63% of professionals and 85% of mid-career professionals feel stuck at various stages of their careers, the SpeakIn FindACoach tool has been built to empower businesses to train and retain talent by offering the following features:

• One-stop access to global coaches and mentors
• 1000+ coaches and mentors available from 47 countries
• Ability to book 1:1 coaching sessions anywhere in the world
• 500+ videos, podcasts, blogs, and live interactions on trending learning needs
• Continuous upgrade of learning programs and videos for self-paced learning

Commenting on FindACoach, Deepshikha Kumar, Founder of SpeakIn, said, “SpeakIn FindACoach brings 1:1 coaching to professionals across Asia so that they can learn from experts and navigate the challenges that are impeding their lives and careers. The platform helps working professionals connect with proven achievers to unlock their full potential and turbo-charge their careers. With FindACoach we ensure that no professional is ever alone in his or her journey to the top.”

The platform curates coaches of the highest calibre, across different industries and experience levels. “A CEO can learn directly on the SpeakIn FindACoach platform from a 5-time CEO, while a founder can have one-on-one access with a serial entrepreneur who has sold a US$100 million company not once, but twice over,” says Deepshikha.

In order to ensure the quality and caliber of its coaches, SpeakIn has also appointed Manoj Kohli, Former Country Head of SoftBank India and Former CEO & MD of Bharti Airtel, who will be guiding the initiative as the Chairman of the Board for FindACoach platform. “Manoj is not just an exemplary leader but a benchmark in the integrity, conviction, and diligence with which a personal and professional journey can be built. His experiences from being at the helm of Airtel to Softbank bring instrumental learnings to how SpeakIn FindACoach will be able to add value to professionals across Asia. He will not just guide the program but also coach the leaders at the highest levels as a part of the program.”

The SpeakIn FindACoach platform’s strength lies in its unparalleled understanding of the Asian market. It is the first Asian coaching platform, dedicated to designing programs that are built with a deep understanding of Asian working culture and nuances. “SpeakIn started in 2018 in India and Singapore and has since expanded to 30 countries. Hence, we understand the needs and challenges of the working professional. This differentiates SpeakIn from the western coaching platforms, which tend to paint the entire Asian community with the same brushstroke,” says Deepshikha. This is reflected in our coaches, which feature notable Asian leaders like Amily Ang, President of International Coaching Federation (ICF) Singapore; Dr. Timothy Low, former CEO and Board Member of Farrer Park Hospital; Mimi Nicklin, Executive Listening Coach and Founder of Empathy Everywhere from Malaysia; Ellen Patricia, award-winning coach, mentor, and counselor from Indonesia; and Rhoneil Caimol, VP, HR-Sales at SM Development from Philippines and more set to change lives and build careers for professionals across Asia.

Businesses using the FindACoach platform can easily measure business outcomes through the SpeakIn coaching measurement framework, called SpeakIn For Sure. It is a proprietary measurement tool to assess coaching effectiveness for the FindACoach platform so that organizations can see how the needle is shifting in the behavioral and leadership quotient of their employees being coached.

“At SpeakIn our vision is to make top-quality executive coaching and training available to everyone who wants it, to help employees advance their careers and help organizations attract, retain, and develop talent,” added Deepshikha. “Many of our multi-national clients operate across geographies and SpeakIn FindACoach enables us and them to deliver personalized training at scale, from Mandarin to Bahasa, and from English to Malay, on an easy-to-access platform.”

The platform was built as a response to shifting organization cultures across the region: “Organizations are shifting towards personalized learning for individuals, rather than a blanket approach. Amidst layoffs and attrition, companies are identifying a core group of individuals they truly value and want to invest in. This is where coaching as a product is gaining immense popularity, as it caters to the specific needs of these valued employees, and works as a massive retention tool. Similarly, middle and senior managers looking to grow in their professional journey often feel disoriented and would need a great coach who has seen or traversed that growth path before. SpeakIn FindACoach will help these individuals find a coach, guide, and practitioner in their journey to professional excellence.

According to the KPMG report on Digital Coaching Market & Competition Assessment, there has been a rise in demand for business coaching as the number of certified coaches globally (~33%) and revenue (~21%) has increased in the past 3 years. Post-pandemic, the need for executive mentorship has also become more prevalent. Disruption by tech and AI has resulted in better scalability and lower costs for consumers. Many managers cited a return on investment of 6x of the coaching cost.

“SpeakIn was set up six years ago in response to a US$330 billion opportunity in B2B Edtech and professional development and has grown to be Asia’s largest digital coaching platform,” added Deepshikha. “SpeakIn FindACoach is the next natural evolution of the SpeakIn suite that enables us to partner with companies to provide bespoke coaching and mentoring to even wider audiences through a flexible platform.” The platform can be accessible via the website as well as the mobile app (both iOS and Google) by both businesses and individuals.

Hashtag: #SpeakIn #FindACoach

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About SpeakIn

SpeakIn is Asia’s largest digital learning platform for 1:1 coaching and group speaker sessions for business professionals. Helping learners solve their professional problems of leadership, communication, motivation, and more, both our 1:1 coaching and Speaker sessions are delivered by a highly curated network of 18000+ global CxOs, SMEs, Thought Leaders, Academicians, and Certified Coaches across 500+ topics. Headquartered in Singapore, SpeakIn has served over 400 enterprise clients like DBS, Accenture, BMW, TCS, VISA, and more, and over 1.5 million professionals in 8 countries have learnt on the SpeakIn platform through 1:1 coaching, group speaker sessions, and self-paced videos, blogs, and podcasts. For more information, visit www.speakin.co.

Bank Negara Malaysia (BNM), Malaysia’s central bank, announced its policy rate decision on Thursday, 5 September. Like most central banks worldwide, BNM strives to balance low inflation and sustainable economic growth. Its key monetary policy instrument is the Overnight Policy Rate (OPR). By adjusting the OPR, BNM influences interest rates throughout the Malaysian economy, impacting borrowing costs for businesses and consumers and ultimately influencing economic activity and inflation.

It was a difficult decision for the central bank to maintain the interest rate at its current level. The bank is trying to strike a delicate balance between a strong economy and potentially incendiary inflation on the one hand and a dovish Federal Reserve (Fed) and appreciating ringgit on the other. According to the latest data published on 16 August, the annual growth rate of the gross domestic product (GDP) accelerated to 5.9% in Q2 2024, its fastest pace in 18 months. Economic growth for 2024 is expected to exceed the central bank’s forecast of 4-5%, driven by a continued increase in consumer spending and a recovery in exports. ‘Lowering borrowing costs when the economy is expanding risks spurring inflation, especially given that the government continues to gradually phase out subsidies programs,’ says Kar Yong Ang, a financial market analyst at Octa broker. However, inflation seems to have stabilised lately. Malaysia’s consumer price index (CPI) rose 2.0% in July from a year earlier, matching the increases of the previous two months. Furthermore, the rise was slightly less than the 2.1% increase forecast in a Reuters poll.

Meanwhile, the Malaysian ringgit has strengthened against the US dollar, significantly reducing import prices. Indeed, Octa analysts expect Malaysian inflation to remain low in Q4 due to strong ringgit. At the same time, many countries are gradually reducing or have already reduced interest rates. The BNM’s decision to keep the rates unchanged is somewhat controversial. ‘It was a tough decision to make,’ argues Kar Yong Ang. ‘BNM is probably thinking about how and when to cut the rate so that it does not fall far behind other central banks––especially the Fed. However, the BNM did not choose to lower rates ahead of the Fed. A sharp fall in USDMYR supports the case for a rate cut later this year as inflation risks seem to be well-anchored at this point.’

Still, a recent Reuters poll of economists expects the BNM to maintain interest rates at their current levels until the end of 2026.

‘As we expected, BNM held the rates unchanged, but the likelihood of a reduction in the near term has increased,’ says Kar Yong Ang, adding that future decisions will largely depend on what the Fed does and on the overall economic conditions in the global market. In particular, the appreciation of the domestic currency, which is currently taking place, has a negative impact on exports but also helps push inflation down. There is also a trend towards lower interest rates, followed by other countries in the region––notably, the Reserve Bank of New Zealand (RBNZ) and the Central Bank of the Philippines have lowered rates in recent weeks.

‘We anticipate a decrease in the interest rate either this year or in Q1,’ said Kar Yong Ang. Octa analysts expect USDMYR to drop below 4.250 in the near term.

Hashtag: #Octa

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Octa

Octa is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

In the APAC region, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.