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NodeFlair Reveals AI Talent Demand Spikes: Salaries Soar 11.3% Amid Tech Downturn

Job Seeker Priorities Shift: Stability Ranks Higher as Tech Talent Favors Financial Security Over Perks


SINGAPORE – Media OutReach Newswire – 5 April 2024 – NodeFlair, the leading tech talent platform in Southeast Asia, unveiled the Asia Tech Salary Report 2024, leveraging insights from over 422,000 salary data points spanning different roles and countries. This comprehensive report not only illuminates the industry’s reaction to the burgeoning trend of Generative AI but also addresses significant hurdles like layoffs and hiring freezes.

Key findings from the report include:

  • Software Engineer Salaries Dip 0.99%: While recent years saw substantial growth, tech salaries have declined overall due to Southeast Asia’s tech funding hitting a five-year low in 2023. Nevertheless, salaries still surpass those from two years prior, signalling a shift towards a more equitable compensation framework.
  • Huge Pay Gap: Among software engineers, the salary discrepancy between the 10th and 90th percentiles can extend up to 3 times.
  • Blockchain to AI: tech’s pivot for innovation: Blockchain engineer salaries fell by 5.41% amidst industry turbulence sparked by FTX’s collapse and Binance’s CZ Zhao’s legal issues. Data scientists, however, saw an 11.30% increase due to rising interest in Generative AI. Cybersecurity Engineers also experienced an 8.24% rise in salaries.
  • Job seekers increasingly prioritise stability and higher salaries over perks: 10 of the top 15 searched companies now pay 20% above the market median, up from 6 out of 15 last year. Talents are becoming more willing to overlook imperfect company cultures if their salary meets expectations. Last year, 13 out of 15 companies surpassed a median Glassdoor rating, but now only 9 out of 15 maintain this level.This shift indicates a broader change in career priorities towards practical financial considerations.
  • Regional Talent Distribution: Mid-senior talent percentages are higher in Singapore (62.7%) and India (79.3%) compared to Vietnam (36.9%) and Indonesia (49.6%).

In 2024, the tech industry grapples with talent challenges amidst the rise of Generative AI and financial prudence.” says Ethan Ang, CEO of NodeFlair. “Our latest salary report promotes transparency and benefits both job seekers and companies by providing actionable insights into changing compensation trends.”

A copy of the report can be downloaded here.
Hashtag: #nodeflair


The issuer is solely responsible for the content of this announcement.

NodeFlair

NodeFlair, the leading tech talent platform in Southeast Asia, offers a comprehensive suite of tools tailored to every stage of a professional’s career journey. With verified compensation data, individuals can confidently navigate their job search process. For more: visit

HDBank to pay 25% dividend in cash and stocks, aim for high growth in 2024


HCM CITY, VIETNAM – Media OutReach Newswire – 8 April 2024 – The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, stock code: HDB) will pay a dividend of 25%, 10% in cash and 15% in stocks, for 2023, according to documents to be tabled at its 2024 annual general meeting released on April 4.

HDBank will pay a dividend of 25%, 10% in cash and 15% in stocks, for 2023. — Photo courtesy of HDBank
HDBank will pay a dividend of 25%, 10% in cash and 15% in stocks, for 2023. — Photo courtesy of HDBank

This year the bank targets 22% growth in profits to VND15.85 trillion (US$634.13 million) and dividend payment of up to 30% (with a maximum of 15% in cash).

According to the documents, the annual general meeting (AGM) will be held online on April 26.

HDBank will submit reports to shareholders for approval, including its business performance in 2023, business plans for 2024, profit distribution plans for 2023, and other key reports.

Eyeing VND16 trillion profits in 2024, ROE at 24.6%

HDBank, which has gone through a 10-year journey of reform, maintained its high and steady growth in 2023.

Its profitability ratios, ROA was 2% and ROE was and 24.2% last year, keeping it among the group of leading banks.

In 2024 the bank remains on track for high growth while developing a comprehensive environmental, social and governance (ESG) strategy.

It targets pre-tax profits of VND15.85 trillion, an increase of 21.8% from 2023, ROE of 24.6% and maintaining its non-performing loans ratio at among the lowest levels in the industry.

Total assets are set to exceed VND700 trillion ($28 billion) this year, an increase of 16% from 2023.

Total fundings are expected to reach VND624 trillion ($25 billion), up 16%.

Loans outstanding are projected to cross VND438 trillion ($17.5 billion) in line with the credit growth target allocated by the State Bank of Vietnam.

Up to 30% dividends in cash, stocks

HDBank will table at the AGM its dividend distribution plans for 2023 at the rate of 25%, 10% in cash and 15% in stocks.

Notably, it plans to pay 30% in cash and stocks for 2024.

HDBank has consistently paid high dividends for over a decade when it achieved rapid and steady growth.

This year the bank plans to increase its charter capital by over VND4.56 trillion ($182.88 million) to VND33.65 trillion ($1.34 billion) from the current VND29.1 trillion ($1.16 billion) by issuing shares to pay dividends, further consolidating its financial health indicators, which are already among the best in the industry, and solidifying the strategic foundation for its sustainable development in future.

HDBank remains steadfast about achieving sustainable development, comprehensive digital transformation and green growth.

It has steadily improved its management capacity and adopted advanced international management standards such as Basel III.

HDBank is a pioneer in embracing a comprehensive ESG strategy, publishing an ESG report and proactively implementing corporate social responsibility, while enhancing digital banking development plans towards modern retail banking.

The bank’s better than expected results in 2023 mean good news for shareholders at the AGM on April 26.

The bank is confident to accomplish the targets for 2024 (stated in the AGM documents) when the economy remains uncertain.

Nearly 20,000 shareholders of the bank are preparing for the AGM in an optimistic mood about HDBank’s governance and capacity to achieve the 2024 plans.

Hashtag: #HDBank

The issuer is solely responsible for the content of this announcement.

About HDBank

stands as one of Vietnam’s prominent financial institutions, deeply committed to promoting ESG, sustainable development, innovation, and development.

The bank’s mission is to offer financial solutions that enable both individuals and businesses to thrive and prosper.

ROSEN, A LEADING AND RANKED FIRM, Encourages Luna Innovations Incorporated Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – LUNA

New York, New York – Newsfile Corp. – April 7, 2024 – WHY: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Luna Innovations Incorporated (NASDAQ: LUNA) between August 11, 2023 and March 25, 2024, both dates inclusive (the “Class Period”). A class action has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 31, 2024 in the securities class action commenced by the Firm.

SO WHAT: If you purchased Luna Innovations securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Luna Innovations class action, go to https://rosenlegal.com/submit-form/?case_id=23678 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 31, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Luna Innovations’ financial statements from August 10, 2023 to the present included false figures as a result of improper revenue recognition; (2) as a result, Luna Innovations would need to restate its previously filed financial statements from August 10, 2023 to November 14, 2023; (3) Luna Innovations lacked adequate internal controls; and (4) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Luna Innovations class action, go to https://rosenlegal.com/submit-form/?case_id=23678 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com

The issuer is solely responsible for the content of this announcement.

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages QuidelOrtho Corporation Investors to Inquire About Securities Class Action Investigation – QDEL

New York, New York – Newsfile Corp. – April 7, 2024 – WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of QuidelOrtho Corporation (NASDAQ: QDEL) resulting from allegations that QuidelOrtho may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased QuidelOrtho securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=22828 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On February 13, 2024, after market hours, QuidelOrtho filed a Current Report regarding its Fourth Quarter 2023 financial results on Form 8-K with the SEC announcing QuidelOrtho’s “[r]espiratory revenue decreased by 49% as reported and in constant currency.”

On this news, QuidelOrtho’s stock fell $21.5 per share, or 32%, to close at $45.27 per share on February 14, 2024.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com

The issuer is solely responsible for the content of this announcement.

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Banco Santander, S.A. Investors to Inquire About Securities Class Action Investigation – SAN

New York, New York – Newsfile Corp. – April 7, 2024 – WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Banco Santander, S.A. (NYSE: SAN) resulting from allegations that Santander may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Santander securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=22671 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On February 5, 2024, the Financial Times published an article entitled “Iran used Lloyds and Santander accounts to evade sanctions.” This article stated, in part that “Santander UK provided accounts to British front companies secretly owned by a sanctioned Iranian petrochemicals company based near Buckingham Palace, according to documents seen by the Financial Times.”

On this news, Santander’s American Depositary Shares (“ADSs”) fell $0.24 per ADS, or 5.7%, to close at $3.94 per ADS on February 5, 2024.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com

The issuer is solely responsible for the content of this announcement.

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Innodata Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – INOD

New York, New York – Newsfile Corp. – April 7, 2024 – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Innodata Inc. (NASDAQ: INOD) between May 9, 2019 and February 14, 2024, both dates inclusive (the “Class Period”), of the important April 22, 2024 lead plaintiff deadline.

SO WHAT: If you purchased Innodata common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Innodata class action, go to https://rosenlegal.com/submit-form/?case_id=22655 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 22, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements, as well as failed to disclose material facts, including that Innodata: (1) did not have a viable Artificial Intelligence (“AI”) technology; (2) its Goldengate AI platform is a rudimentary software developed by just a handful of employees; (3) it was not going to utilize AI to any significant degree for new Silicon Valley contracts; (4) it was not effectively investing in research and development for AI; and (5) based on the foregoing, defendants lacked a reasonable basis for their positive statements about Innodata’s AI business and development and related financial results, growth, and prospects. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Innodata class action, go to https://rosenlegal.com/submit-form/?case_id=22655 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com

The issuer is solely responsible for the content of this announcement.

VinFast wins two prestigious awards at the Bangkok International Motor Show 2024


BANGKOK, THAILAND – Media OutReach Newswire – 6 April 2024 – VinFast announces that it has been honored by the Organizer of the Bangkok International Motor Show (BIMS 2024) with two awards: “Best Concept Commercial EV” for the VF Wild and “Exhibit Design”. These awards affirm the strong reputation and growth of VinFast in the Southeast Asian and global markets.

VinFast wins two prestigious awards at the Bangkok International Motor Show 2024

The BIMS 2024 Awards Council, consisting of leading experts in the Thai automotive industry and headed by Dr. Prachin Eamlumnow, Chairman of the BIMS Organizing Committee and CEO of Grand Prix International PCL, votes and awards prizes to the brands and car products that make the strongest impression on professionals, media, and consumers at BIMS.

In the “Best Concept Commercial EV” award category, VinFast’s VF Wild was honored, surpassing a series of products from 49 major brands from across the world, including the U.S., Germany, Japan, and China. The BIMS Award Council praised the VF Wild’s design, commending its strength, creativity, luxurious feel, and impressive interior.

The VF Wild’s Southeast Asian debut is bolstered by this award, with this recognition affirming the creative ability of VinFast and showcasing the VF Wild’s potential to become the top pickup truck in the Southeast Asian market. The VF Wild model generated significant buzz globally when it was launched at the Consumer Electronics Show (CES) 2024 in the U.S. earlier this year.

In the “Exhibit Design Award” award category, VinFast’s booth received the highest rating from the Awards Council, who praised the booth for showcasing VinFast’s diverse electric product ecosystem in a highly visible and engaging way. This included electric scooters, the mini-eSUV VF 3, the VF Wild, and a range of electric vehicles across model segments. The booth effectively conveyed the company’s spirit of “boundless together” and visualized VinFast’s vision for the future of electric mobility.

Dr. Prachin Eamlumnow, Chairman of the Organizing Committee and CEO of Grand Prix International PCL, said: “The Best Concept Commercial EV and ‘Exhibit Design awards aim to recognize breakthrough ideas that will contribute to Thailand’s electric transportation revolution. We were impressed with VinFast’s brand launch, particularly its booth showcasing its comprehensive electric vehicle ecosystem and the groundbreaking VF Wild.”

Ms. Vu Dang Yen Hang, CEO of VinFast Thailand, shared: “Winning these two prestigious awards demonstrates VinFast’s constant innovation and mission to empower consumers on their journey to a greener electric mobility future. The accolades for VinFast’s electric vehicle ecosystem will further motivate the company’s expansion efforts in the Thai market, including the development of a dealership network and bringing sustainable, smart, and exciting mobility solutions to consumers.”

This is the second time VinFast has won two awards in its first brand launch in a new market, previously winning the “Best Booth Cars” and “Favorite SEA Premier Launch” awards at the Indonesia International Motor Show (IIMS) in February 2024.

These prestigious awards at BIMS and IIMS join VinFast’s growing collection of accolades, including the “Innovation Award Honoree” for VinFast MirrorSense (the world’s first AI-based automatic mirror adjustment technology) at CES 2024, the “Rising Star” award at the Paris Motor Show 2022, and the “Corporate Sustainability Champions” award from the ORIGIN Innovation Awards 2022 Council. These honors demonstrate VinFast’s continued innovation and dedication to its mission of pioneering green transportation globally.

In addition to key markets such as the U.S., Canada, and Europe, VinFast is actively expanding into neighboring countries in Asia such as India, Indonesia, Thailand, the Philippines, as well as the Middle East and Africa. Outside of Vietnam, VinFast is also aiming to accelerate the construction of EV manufacturing plants in the U.S. and India, and will establish a plant in Indonesia.

Hashtag: #VinFast

The issuer is solely responsible for the content of this announcement.

About VinFast

VinFast – a member of Vingroup – envisioned to drive the movement of the global smart electric vehicle revolution. Established in 2017, VinFast owns a state-of-the-art automotive manufacturing complex with scalability that boasts up to 90 percent automation in Hai Phong, Vietnam.

Strongly committed to the mission for a sustainable future for everyone, VinFast constantly innovates to bring high-quality products, advanced smart services, seamless customer experiences, and pricing strategy for all to inspire global customers to jointly create a future of smart mobility and a sustainable planet. Learn more at:

Spearheading Innovation: AutoCount Introduces Malaysia’s First e-Invoicing Solution for SMEs


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 6 April 2024 – As Malaysia gears up for the e-Invoicing mandate set for 1 August 2024, AutoCount takes a pioneering step by launching its AutoCount e-Invoice Solution – the AutoCount e-Invoice Platform (AIP), at Shah Alam’s MBSA Convention Centre on 5 April 2024. Designed to support Malaysian businesses transitioning to the e-Invoicing era, AIP exemplifies AutoCount’s innovation drive and dedication to modernizing business practices for the digital age. This milestone event saw an impressive turnout, with over 1,300 attendees joining to witness the unveiling of AIP and gain insights into the future of e-Invoicing.

AutoCount top management members and esteemed guest speakers unveil the AutoCount e-Invoice Platform at the launch event.
AutoCount top management members and esteemed guest speakers unveil the AutoCount e-Invoice Platform at the launch event.

Introducing the AutoCount e-Invoice Platform (AIP)

The AutoCount e-Invoice Platform (AIP) seamlessly connects businesses with the LHDN MyInvois system. It revolutionizes e-Invoice generation, submission, and management within the AutoCount software interface, designed to significantly enhance operational, cost and time efficiency while ensuring regulatory compliance and accuracy. AIP represents a major advancement in digital efficiency, equipping businesses for future challenges.

Empowering SMEs Through Insightful Expertise

To address the impending changes, AutoCount has collaborated with Mr. Chin Chee Seng, Group Managing Partner of CCS & Co. Plt, to provide invaluable insights into the e-Invoicing transition for SMEs. His speaking session at the launch event covers the benefits and challenges of e-Invoicing adoption in Malaysia, offering attendees actionable advice and highlighting AIP’s role in streamlining business operations.

Overcoming SME Challenges with Advanced Features

The shift to e-Invoicing poses challenges for SMEs, such as workflow adjustments and technical complexities. AIP addresses these challenges head-on with features like:

  • Automated Efficiency: Automates e-Invoice generation and submission, from the AutoCount software system to the LHDN MyInvois system, enhancing accuracy and reliability.
  • Reliable Submission: Ensures uninterrupted e-Invoicing submissions through automatic retries during server downtimes, maintaining compliance at all times.
  • Approver Control: Enables businesses to appoint approvers for reviewing and approving e-Invoices before submitting to LHDN MyInvois system, enhancing accuracy and compliance.
  • Efficient Tax Information Collection: Features a unique URL for efficient tax entity and company information collection from customers or suppliers, streamlining the invoicing process.
  • Expediting the Onboarding Process: Intelligent Onboarding Link enables unlimited customers/suppliers to submit information into the system effortlessly.
  • Operational Streamlining: Simplifies the process of copying purchase invoices and payment vouchers into self-billed e-Invoices, reducing manual entry.
  • QR Code Accessibility: Incorporates QR codes on receipts in AutoCount POS solutions, simplifying the e-Invoicing request process for customers.
  • Consolidated e-Invoices: Facilitates easy generation and consolidation of e-Invoices for businesses like retail and F&B stores using AutoCount POS solutions.

A Visionary Step Forward for Malaysian Business

“As the e-Invoicing implementation date nears, AutoCount is proud to be the first software house in Malaysia to launch an e-Invoicing solution. We are dedicated to assisting Malaysian businesses in adapting to e-Invoicing. The AutoCount AIP transcends its role as a middleware tool; it’s a catalyst for operational excellence and innovation,” says Alex Ng, Sales & Marketing Director at AutoCount.

Discover the transformative potential of the AutoCount e-Invoice Platform for your business. Stay ahead in business digitalization by visiting our website.

Hashtag: #AutoCounteInvoiceSolutionLaunch #eInvoiceSoftware #AutoCount





The issuer is solely responsible for the content of this announcement.

About AUTOCOUNT DOTCOM BERHAD (“AUTOCOUNT”)

Autocount Dotcom Berhad (“AUTOCOUNT”) is a Malaysia-based investment holding company. The Company, through its subsidiaries, is principally involved in the development and distribution of financial management software. The Company’s segments include distribution of financial management software, technical support and maintenance, and others. The distribution of financial management software segment includes accounting, POS and payroll under AutoCount brand. The technical support and maintenance segment provides technical support and maintenance services to authorized dealers and to direct end-user customers. The others segment is engaged in the resale of computer hardware, third party software license fees, and the sale of training materials. The Company’s range of AutoCount software is designed to support a range of fundamental finance and accounting functions in a business. All its AutoCount software is developed in-house and distributed as off-the-shelf software to end-user customers.

Official website –