MalaysianUpdates

Author: Farihin Azlan

  • MM2H One-Stop Centre Debuts at The Exchange 106, TRX, via STF Revenue

    MM2H One-Stop Centre Debuts at The Exchange 106, TRX, via STF Revenue

    Malaysia’s reputation as an attractive destination for retirees, investors, and international professionals continues to strengthen, and STF Revenue (MM2H) Sdn Bhd is taking a leading role in this growth. The company has officially launched its new office at The Exchange 106, Tun Razak Exchange (TRX), which will serve as the first privately operated Malaysia My Second Home (MM2H) one-stop centre in the country. This milestone marks STF Revenue’s expansion into Kuala Lumpur’s financial district and reflects long-term confidence in Malaysia’s economic potential and appeal as a global hub for expatriates.

    The grand opening ceremony was officiated by Dato’ Shaharuddin Abu Sohot, Secretary General of the Ministry of Tourism, Arts and Culture (MOTAC). In his address, he highlighted the MM2H programme’s important contribution to the nation’s economy. “Under MOTAC, MM2H continues to play a vital role in attracting quality long-term residents and foreign investment that strengthen our economy,” said Dato’ Shaharuddin.

    He further explained that the new tiered MM2H framework—comprising SEZ, Silver, Gold, and Platinum categories—offers greater flexibility and clarity for applicants. “It is designed to welcome those who wish not only to live here but to grow and invest in Malaysia—in property, education, healthcare, and beyond,” he added. As of July 2025, MOTAC has recorded over 3,300 MM2H applications, reflecting strong international confidence in Malaysia as a preferred destination. These applications are projected to generate more than RM300 million in foreign funds and over RM430 million in property investments, underscoring the programme’s significant contribution to the national economy.

    Founded in 2016, STF Group has evolved into a diversified conglomerate offering manpower solutions, worker legalisation (pemutihan), foreign worker management, dormitory operations, cleaning services, and technology-driven management systems. Over the years, it has expanded into related fields, including licensed agencies for the Malaysia My Second Home (MM2H) and Premium Visa Programme (PVIP), as well as domestic maid services.

    “Opening our TRX retail office is more than just a physical move—it reflects our confidence in Malaysia as a lifestyle and investment destination,” said Jonathan Low Choon Wai, Director of International Operations at STF Revenue (MM2H) Sdn Bhd. “Our goal is to make Malaysia accessible, welcoming, and fully connected for those who want to live, invest, and build a life here.”

    STF Group’s success is built upon a network of strategic partnerships across various industries, including real estate, hospitality, banking, and travel. These collaborations ensure a seamless experience for clients—from visa processing and property purchases to integration into the Malaysian lifestyle.

    During the launch, a strategic partnership agreement was also signed between STF Revenue (MM2H) Sdn Bhd and Rivertree Group. The partnership unites two visionary leaders in their respective fields—Dato’ Simon David Leong, Group Managing Director of Rivertree Group, and Datuk Wira Joey Yan, Group Managing Director of STF Group. Rivertree Group, known for its sustainable and community-focused property developments, complements STF’s expertise in facilitating long-term residency programmes for global citizens.

    Through this collaboration, both companies aim to create more pathways for individuals and families worldwide to live, invest, and thrive in Malaysia, further establishing the nation as a destination for meaningful living and economic opportunity. Rivertree Group will enhance the property dimension of this ecosystem by offering attractive packages to international buyers, while STF Revenue (MM2H) Sdn Bhd will provide complete visa support and guidance throughout the application process. “Our goal is simple: when an MM2H or PVIP resident chooses Malaysia, they don’t just receive a visa—they gain a lifestyle, a community, and a place called home,” said Leong.

    The ecosystem is further strengthened through collaborations with partners such as Batik Air, which offers travel incentives including complimentary round-trip tickets valued up to RM5,000 for eligible MM2H applicants through the Batik x STF programme. Additionally, STF collaborates with local banks to simplify financial processes by assisting clients in opening fixed deposit accounts, securing dedicated banking support, and fulfilling MM2H financial requirements.

    As a one-stop MM2H partner, STF Revenue (MM2H) Sdn Bhd delivers a complete end-to-end service experience, reinforcing Malaysia’s position as a premier destination for travel, investment, and retirement. The opening of this TRX office comes at an opportune time as Malaysia prepares to welcome a new wave of international visitors and residents ahead of Visit Malaysia Year 2026 (VM2026).

  • TVS Inspire Himpun Dua Acara Utama dalam Satu Aplikasi — Hiburan Sepanjang Hari

    TVS Inspire Himpun Dua Acara Utama dalam Satu Aplikasi — Hiburan Sepanjang Hari

    TVS mencapai satu lagi pencapaian penting dalam usaha pendigitalannya dengan pelancaran aplikasi OTT (over-the-top) baharu, TVS Inspire, yang boleh dimuat turun sejak 25 Oktober 2025. Pelancaran ini mengukuhkan kedudukan TVS sebagai platform utama yang mengetengahkan visi, pembangunan dan kejayaan Sarawak ke seluruh dunia.

    TVS Inspire menawarkan pengalaman tontonan yang lebih interaktif dan lancar, membolehkan pengguna menonton kandungan TVS secara langsung atau atas permintaan. Aplikasi ini menampilkan pelbagai program hiburan, dokumentari, berita, serta siaran langsung eksklusif, semuanya tersedia menerusi Apple Store dan Google Play Store. Dengan inisiatif ini, TVS terus memperkukuhkan peranannya bukan sahaja sebagai penyiar unggul Sarawak, tetapi juga sebagai platform yang menghubungkan penonton global kepada kandungan dari Bumi Kenyalang.

    Pengguna digalakkan memuat turun aplikasi TVS Inspire di Apple Store atau Google Play Store untuk menikmati pengalaman hiburan yang tiada tandingan, bila-bila masa dan di mana sahaja.

    Sebagai permulaan yang penuh energik, TVS Inspire akan menyiarkan dua acara eksklusif secara langsung pada Sabtu, 15 November 2025. Penonton boleh menyaksikan Twins Championship 103 dan AIFFA Gala Night 2025, kedua-duanya hanya melalui aplikasi TVS Inspire.

    Twins Championship 103 akan bermula dengan perlawanan tinju amatur pada jam 9.00 pagi, disusuli perlawanan profesional dari 7.30 malam hingga 11.30 malam. Acara kemuncak menyaksikan pertarungan sengit antara Kilat Boy dari Malaysia dan Yenson Mustamu dari Indonesia, dijangka menjadi tumpuan peminat tinju serantau. Siaran langsung acara ini juga boleh ditonton di platform TVS Entertainment di Facebook, YouTube, dan TikTok.

    Pada masa yang sama, AIFFA Gala Night 2025 akan berlangsung secara langsung bermula jam 9.00 malam. Malam penuh glamor ini bakal menampilkan bintang filem Hong Kong, Simon Yam, dan penyanyi legenda Indonesia, Ruth Sahanaya. Penonton boleh menikmati acara ini melalui TVS Inspire atau menontonnya di Astro Channel 122, MYTV, dan Unifi TV.

    TVS Inspire turut memperluaskan kandungan globalnya dengan menambah pelbagai program yang merangkumi pelbagai genre dan minat, melangkaui sempadan hiburan Sarawak semata-mata. Melangkah ke bulan Disember, aplikasi ini akan menayangkan Sukan SEA Thailand 2025, antara acara sukan paling dinantikan oleh penonton seluruh Asia Tenggara.

    Dengan langkah strategik ini, TVS Inspire mengukuhkan peranannya sebagai pusat hiburan serba lengkap, menghubungkan penonton dengan kandungan berkualiti dari rantau dan seluruh dunia — semuanya di hujung jari.

  • Celebrate the Season, Elevate Your Experience

    Celebrate the Season, Elevate Your Experience

    As the year comes to a close, Samsung is bringing the joy of the festive season into homes with its Consumer Electronics Year-End Promotion 2025, running from 1 November to 31 December 2025. From TVs and sound devices to home appliances, the promotion offers exciting deals and rewards, making it the perfect time to upgrade living spaces for smarter, better living. Samsung’s Neo QLED and OLED TVs transform family movie nights and sports viewing into cinematic experiences, while selected purchases come with Touch ‘n Go eWallet credits worth up to RM4,617.90. The Buy More, Get More Promotion allows customers who purchase two or more eligible products across categories to unlock additional eWallet rewards, adding extra value to festive shopping.

    Beyond entertainment, Samsung’s Digital Appliances range ensures that homes are both comfortable and convenient. AI-powered washing machines, energy-efficient refrigerators, and smart vacuum cleaners simplify daily chores, while special Purchase-With-Purchase (PWP) deals and additional TNG eWallet credits make upgrading home essentials even more rewarding. For example, customers who purchase both a washer and dryer can enjoy up to RM300 in additional eWallet credits, making laundry routines smarter and more efficient. Samsung’s soundbars, paired with its TVs, create immersive audio experiences through Q-Symphony technology, while combined purchases of TV and soundbar can earn an extra RM300 in eWallet rewards. This festive season, Samsung is helping families create homes filled with entertainment, convenience, and celebration, making it easier to welcome the new year in style.

  • Conquer the Legacy: Kuala Lumpur Tower Run International Challenge 2025 Returns as Official Malaysia Towerrunning National Championship

    Conquer the Legacy: Kuala Lumpur Tower Run International Challenge 2025 Returns as Official Malaysia Towerrunning National Championship

    LSH Service Master Sdn. Bhd., the official operator of Kuala Lumpur Tower, proudly announces the return of its legendary vertical race, the Kuala Lumpur Tower Run International Challenge 2025 (KLTRIC2025), scheduled for Sunday, 30 November 2025 at 5.00 AM. Marking the 23rd edition of the race, KLTRIC2025 has been officially designated by the Malaysia Towerrunning Association (MTA) as the Malaysia Towerrunning National Championship 2025. Recognised as a Heritage Sport of Kuala Lumpur Tower, the event continues to strengthen Malaysia’s reputation as a premier destination for stair racing and sports tourism. Carrying the bold tagline, “Victory is Vertical”, the challenge will see approximately 1,500 local and international runners ascend 1,608 steps and 292 metres above ground, testing their endurance while celebrating resilience, unity, and national pride. Past milestones include Michele Tan Bee Kiang’s Guinness World Record for the fastest vertical mile (female), a feat that exemplifies the Tower’s vision of establishing Kuala Lumpur as a global hub for action sports tourism.

    KLTRIC2025 also champions Malaysia’s National Sports Agenda, promoting health, fitness, and community participation while reinforcing Kuala Lumpur’s position as a progressive, world-class sports city. The event is sanctioned as a World Championship Points Race under the Towerrunning World Association (TWA), attracting elite international athletes and Malaysia’s own world champion Soh Wai Ching. Participants will compete across categories ranging from Open, Youth, Veteran, and Elite divisions, with top finishers awarded the Official Finisher Jersey and the fastest Malaysian male and female elite runners crowned as the Malaysia Towerrunning National Champions 2025. With a total of RM80,000 in cash prizes, KLTRIC2025 promises an adrenaline-filled vertical race that blends competition, endurance, and sportsmanship.

  • YTL Cement Komited Menanam 70,000 Pokok dan Dilantik Sebagai Rakan Strategik Local Agenda 21 Kuala Lumpur

    YTL Cement Komited Menanam 70,000 Pokok dan Dilantik Sebagai Rakan Strategik Local Agenda 21 Kuala Lumpur

    Kumpulan YTL Cement mengukuhkan komitmennya terhadap kelestarian alam sekitar dengan menyumbang sebanyak 70,000 pokok kepada Dewan Bandaraya Kuala Lumpur (DBKL) bagi tujuan penanaman di sekitar ibu negara. Inisiatif ini mencerminkan dedikasi berterusan syarikat dalam membina bandar yang lebih bersih, hijau dan berdaya huni, sejajar dengan aspirasi korporatnya, Helping Nations Build Greener. Pengumuman ini dibuat sempena Festival Taman KL 2025 yang berlangsung di Taman Tasik Titiwangsa pada 21 Oktober 2025, di mana YTL Cement turut diumumkan sebagai Rakan Strategik Local Agenda 21 Kuala Lumpur (LA21KL). Majlis pelancaran disempurnakan dengan kehadiran Datuk Bandar Kuala Lumpur, YBhg. Dato’ Seri TPr. Dr. Maimunah Mohd Sharif, bersama barisan pengurusan kanan Kumpulan YTL Cement.

    Melalui pelantikan sebagai rakan strategik, YTL Cement akan menyokong usaha kelestarian DBKL melalui dua inisiatif utama. Pertama, sumbangan 70,000 pokok yang menyumbang kepada matlamat bandar raya dalam tindakan iklim dan pemeliharaan biodiversiti. Kedua, pelaksanaan Program Bintang Cemerlang, hasil kerjasama antara YTL Cement, DBKL dan Universiti UCSI, yang memberi peluang pembangunan holistik kepada pelajar daripada 22 buah sekolah di kawasan Sentul. Program ini merangkumi bimbingan akademik, latihan guru dan inisiatif pembelajaran kreatif bagi memupuk potensi jangka panjang kanak-kanak daripada komuniti berkeperluan tinggi.

    Majlis simbolik penyerahan pokok daripada Kumpulan YTL Cement kepada Datuk Bandar Kuala Lumpur, Dato’ Seri TPr. Dr. Maimunah Mohd Sharif, sebagai tanda meraikan ikrar sumbangan 70,000 pokok. Dari kiri: Pengarah Eksekutif (Perancangan) TPr. Md. Nazri bin Abdullah, Datuk Bandar Kuala Lumpur, Dato’ Seri TPr. Dr. Maimunah Mohd Sharif, Syed Muhammad bin Syed Nadzir, Pengarah Hal Ehwal Kerajaan dan Perhubungan Luar, dan Ong Ping Ping, Pengarah Komunikasi, Kumpulan YTL Cement.
    Majlis simbolik penyerahan pokok daripada Kumpulan YTL Cement kepada Datuk Bandar Kuala Lumpur, Dato’ Seri TPr. Dr. Maimunah Mohd Sharif, sebagai tanda meraikan ikrar sumbangan 70,000 pokok. Dari kiri: Pengarah Eksekutif (Perancangan) TPr. Md. Nazri bin Abdullah, Datuk Bandar Kuala Lumpur, Dato’ Seri TPr. Dr. Maimunah Mohd Sharif, Syed Muhammad bin Syed Nadzir, Pengarah Hal Ehwal Kerajaan dan Perhubungan Luar, dan Ong Ping Ping, Pengarah Komunikasi, Kumpulan YTL Cement.

    Local Agenda 21 Kuala Lumpur (LA21KL) merupakan platform kolaboratif antara kerajaan tempatan, sektor swasta dan komuniti untuk mereka bentuk dan mengurus persekitaran bandar secara bersama. Pelantikan YTL Cement sebagai Rakan Strategik LA21KL menegaskan keselarasan syarikat dengan Matlamat Pembangunan Mampan Pertubuhan Bangsa-Bangsa Bersatu (UNSDGs), khususnya Matlamat 11 (Bandar dan Komuniti Lestari), Matlamat 13 (Tindakan Terhadap Perubahan Iklim), Matlamat 15 (Kehidupan di Darat) dan Matlamat 17 (Perkongsian untuk Mencapai Matlamat). Ia juga memperlihatkan pelaksanaan model 4P – Public, Private, People, Partnership, yang menjadi asas kepada LA21KL dalam memperkukuh kolaborasi dan penglibatan masyarakat ke arah perubahan positif yang mampan.

    Sumbangan pokok dan pelaksanaan program komuniti ini dijalankan di bawah BUILDS, unit Tanggungjawab Sosial Korporat (CSR) YTL Cement yang berfokus kepada usaha memperkasa komuniti dan pemeliharaan alam sekitar. Ia melambangkan pendekatan holistik syarikat dalam membina negara bukan sahaja melalui pembangunan infrastruktur, tetapi juga dalam memperkukuh kesejahteraan sosial dan kelestarian ekologi demi generasi masa hadapan.

    Kanak-kanak sekolah dan ibu bapa mengunjungi Sudut Bacaan BUILDS, sebuah pemasangan berbentuk “pohon buku” yang menggalakkan pembelajaran serta memupuk daya imaginasi.

    Sebagai peneraju industri bahan binaan di Malaysia dengan legasi lebih 70 tahun, YTL Cement terus menjadi rakan utama pembangunan negara melalui projek ikonik seperti Menara Berkembar Petronas, Merdeka 118, Terowong SMART dan pelbagai lapangan terbang serta jambatan utama di seluruh negara. Di samping itu, Kumpulan ini turut memperkenalkan ECO Product Range yang merangkumi bahan binaan rendah karbon seperti ECOCem, ECOConcrete, ECOSand, dan ECODrymix, bagi menyokong peralihan industri pembinaan ke arah masa depan yang lebih lestari.

    Melalui komitmen ini, YTL Cement bukan sahaja memperkukuh peranannya sebagai peneraju industri bahan binaan negara, tetapi juga sebagai rakan strategik pembangunan hijau yang aktif dalam memperjuangkan keseimbangan antara kemajuan ekonomi, kesejahteraan sosial dan pemeliharaan alam sekitar.

  • ASEAN Takes Concrete Steps Toward Sustainability at ICAEW Summit

    ASEAN Takes Concrete Steps Toward Sustainability at ICAEW Summit

    ASEAN’s journey toward a sustainable, net-zero future took a decisive step forward at the inaugural ICAEW ASEAN Sustainability Summit 2025, held at the Securities Commission Malaysia. Bringing together policymakers, regulators, and finance leaders, the one-day hybrid summit — themed “ASEAN Rising: The Net Zero Playbook” — gathered more than 600 in-person delegates and 500 virtual participants from around the world to transform sustainability commitments into actionable strategies that balance growth, inclusivity, and accountability.

    Alan Vallance, Chief Executive of ICAEW, opened the Summit by emphasizing the pivotal role of the accountancy profession in driving ethical and transparent sustainability transformation. “Achieving a just and inclusive transition to net zero will require collaboration across borders, sectors, and generations,” he said. Vallance noted that accountants and finance professionals are uniquely positioned as “trusted stewards of both financial and non-financial information,” whose insights can influence ethical decisions and long-term value creation for people, business, and the planet. He highlighted ICAEW’s ongoing collaborations with the Securities Commission Malaysia and the ASEAN Capital Markets Forum in implementing the IFRS Sustainability Disclosure Standards (S1 and S2) — a milestone in developing a unified regional framework for sustainability reporting and assurance.

    ICAEW leaders and team members on stage at the ICAEW ASEAN Sustainability Summit 2025.

    In his keynote address, Datuk Johan Mahmood Merican, Secretary General of Treasury at Malaysia’s Ministry of Finance, represented by Dato’ Faiz Azmi, Executive Chairman of the Securities Commission Malaysia, reaffirmed the country’s strong commitment to sustainability as the foundation of the Madani Economy Framework. “For Malaysia, sustainability is not a separate policy pillar but the foundation of our economic strategy,” he stated. Through initiatives such as fiscal reforms, carbon pricing, and green budgeting, Malaysia aims to align innovation, investment, and inclusivity toward long-term resilience. The nation remains steadfast in achieving net-zero carbon emissions by 2050, supported by the National Energy Transition Roadmap, a forthcoming Climate Change Bill, and the planned carbon tax for emission-intensive industries.

    The Summit also underscored ASEAN’s dual opportunity — sustainability as both an environmental necessity and an economic growth engine. Speakers highlighted that harmonising sustainability standards, mobilising regional capital, and strengthening collaboration will position ASEAN as a competitive and credible player in the global value chain.

    Delegates fill the auditorium at the ICAEW ASEAN Sustainability Summit 2025.

    Elaine Hong, ICAEW Director for Southeast Asia, described the event as a milestone in connecting ASEAN’s sustainability priorities with global standards. “Southeast Asia is at the crossroads of sustainability transformation,” she said. “Our transition to net zero cannot happen in silos — it demands alignment, trust, and shared purpose.” Hong further highlighted ICAEW’s Sustainability Accelerator Programme and Sustainability and Climate Change Community, which aim to build regional capacity in carbon accounting, sustainability assurance, and scenario planning — helping professionals across ASEAN develop the expertise to lead the transition effectively.

    The Summit featured five thematic sessions with experts from PETRONAS, HSBC Malaysia, KPMG, PwC, Deloitte, City Developments Limited Singapore, Olam Agri, the Malaysian Institute of Accountants, and the University of Oxford. Topics ranged from Ethics and Sustainability to Green Financing, Climate Scenario Analysis, and The Evolving Role of Finance in Value Creation. The Student–Practitioner Debate and the COFAR (Coastal Flooding Adaptation and Resilience) Challenge, co-hosted by ICAEW and the Securities Commission, showcased the role of youth and innovation in advancing climate resilience.

    Alan Vallance and Dato Mohammad Faiz Azmi speak during the Ethics and Sustainability panel.

    As the event concluded, participants and speakers — including Jean Bouquot, President of the International Federation of Accountants (IFAC) — jointly called for ethics, data quality, and transparency to remain at the heart of ASEAN’s sustainability frameworks. The consensus was clear: strong governance, consistent disclosure, and capacity building are vital to unlocking sustainable finance and long-term regional resilience.

    Summarising the summit’s spirit, Vallance reaffirmed ICAEW’s commitment to ASEAN’s sustainability journey. “ICAEW stands ready as a trusted partner in shaping ethical, transparent, and impactful responses to sustainability challenges,” he said. “Together with governments, regulators, and business, we can advance a collective net-zero agenda for ASEAN and beyond.”

  • MAINJ Salur RM5 Juta Zakat kepada IJN bagi Menampung Rawatan Pesakit Jantung Rakyat Johor

    MAINJ Salur RM5 Juta Zakat kepada IJN bagi Menampung Rawatan Pesakit Jantung Rakyat Johor

    Institut Jantung Negara (IJN) menerima sumbangan zakat berjumlah RM5 juta daripada Majlis Agama Islam Negeri Johor (MAINJ) bagi membantu golongan asnaf pesakit jantung dari negeri Johor yang mendapatkan rawatan di IJN. Sumbangan ini diserahkan sempena Majlis Pelancaran Program Barakah Zakat 2025 anjuran MAINJ yang berlangsung di Johor Bahru baru-baru ini, dan diterima bagi pihak IJN oleh Timbalan Ketua Pegawai Eksekutif IJN, Dato’ Akmal Arief Mohd Fauzi.

    Komitmen baharu ini akan disalurkan secara berperingkat sepanjang lima tahun (2025–2029) bagi menampung kos rawatan pesakit jantung dalam kalangan golongan asnaf Johor, termasuk prosedur dan pembedahan jantung, peranti perubatan, ubat-ubatan serta rawatan susulan. Kerjasama antara MAINJ dan IJN kini memasuki tahun kelapan, dengan jumlah keseluruhan sumbangan melebihi RM6 juta, memberi manfaat kepada lebih 1,100 pesakit jantung rakyat Johor sejak inisiatif ini dimulakan pada tahun 2017.

    Menurut Dato’ Akmal Arief, IJN amat menghargai keprihatinan berterusan MAINJ terhadap pesakit dari Johor yang memerlukan bantuan kewangan untuk rawatan. Bagi memastikan bantuan disalurkan kepada penerima yang benar-benar layak, pegawai Perkhidmatan Kewangan Pesakit (Patient Financial Services) di IJN telah dilatih dan diiktiraf oleh MAINJ sebagai penilai zakat bertauliah. Langkah ini membolehkan proses penilaian dilakukan dengan lebih cepat dan telus, sekali gus mempercepatkan penyaluran bantuan kepada pesakit yang tergolong dalam kategori asnaf.

    Melalui mekanisme ini, pesakit yang dikenal pasti akan dinilai bersama oleh IJN dan MAINJ bagi memastikan penggunaan dana zakat dilakukan secara telus, berintegriti dan berkesan. Dana tersebut digunakan untuk menampung kos rawatan yang tinggi termasuk pemasangan peranti jantung seperti stent dan pacemaker.

    Inisiatif ini mencerminkan komitmen strategik MAINJ dalam memperkukuh bantuan kesihatan kepada golongan asnaf Johor, selaras dengan misinya untuk meningkatkan kesejahteraan rakyat melalui akses kepada rawatan perubatan berkualiti. Sementara itu, IJN terus komited untuk memberikan rawatan kardiovaskular bertaraf dunia kepada pesakit dewasa dan kanak-kanak, dengan memastikan tiada pesakit tercicir daripada rawatan akibat kekangan kewangan.

    Kerjasama antara MAINJ dan IJN ini bukan sahaja menjadi model keberkesanan pengurusan dana zakat secara profesional, tetapi juga membuktikan bagaimana gabungan nilai tanggungjawab sosial dan tadbir urus yang baik mampu memberikan impak besar kepada nyawa dan kesejahteraan masyarakat.

  • Mastercard Leads the Move Toward Password-Free, Number-Free Payments Across Asia Pacific by 2030

    At the Singapore FinTech Festival, Mastercard unveiled its ambitious plan to make online shopping across Asia Pacific completely password-free and number-free by 2030, aiming to transform the region’s rapidly growing e-commerce landscape. Currently, over a third of Mastercard transactions worldwide are tokenized, but bringing this vision to Asia Pacific — projected to surpass USD 7 trillion in e-commerce by 2030 — will require collaboration across banks, merchants, digital wallets, and technology partners.

    Mastercard’s approach leverages secure, tokenized payments powered by biometric authentication, eliminating the need for manual card entry or static passwords. This initiative builds on its progress in India, where near-complete tokenization for e-commerce was achieved through partnerships with regulators, banks, and merchants. The next phase targets full adoption in Singapore, Malaysia, and Vietnam by 2027, key markets driving Southeast Asia’s digital transformation, where digital payments are expected to account for 94% of e-commerce transactions in a market worth USD 325 billion by 2028.

    The move comes amid growing challenges in online shopping. Card-not-present fraud remains seven times higher than in-store fraud, with global losses projected to exceed USD 100 billion by 2029, while eight in ten shoppers abandon their carts, nearly half citing checkout frustration. Mastercard’s solution replaces passwords and card numbers with secure tokens and on-device biometrics, streamlining payments through Click to Pay and enhancing trust across devices and platforms.

    Where tokenization is already implemented, approval rates have increased by up to 6%, generating over USD 2 billion in additional monthly sales for merchants. The benefits are clear: faster and more reliable checkouts, stronger security, higher customer satisfaction, and seamless digital wallet integration for consumers across more than 150 million Mastercard-accepted merchants worldwide. “The vision is simple: no passwords, no manual card entry, no friction,” said Sandeep Malhotra, Executive Vice President, Core Payments, Asia Pacific, Mastercard. “By uniting the industry, Mastercard is accelerating adoption of tokenization and payment passkeys to create a single, secure experience for password-free payments. Approval rates are rising, fraud is falling, and millions of shoppers are enjoying faster, safer checkouts.”

    Looking ahead, Mastercard sees this shift as part of the next paradigm in intelligent commerce, moving from cash to digital, and now to AI-driven, connected, and agentic commerce, where trusted digital assistants can shop and pay securely on behalf of consumers. Tokenization and passkeys serve as the foundation for a smarter, safer, and more seamless future, unlocking new possibilities for both businesses and consumers. The regional roadmap builds on Mastercard’s successful launch of its Payment Passkey Service in India, where device-based biometric checkout improved security and simplicity, setting the stage for its 2030 vision across Asia Pacific.

    This initiative underscores Mastercard’s commitment to shaping the future of frictionless, secure, and intelligent commerce across one of the world’s fastest-growing digital markets.

  • From Kuala Lumpur to Bangkok to Jakarta — great art transcends all boundaries.

    From Kuala Lumpur to Bangkok to Jakarta — great art transcends all boundaries.

    The vibrant spirit and colours of Southeast Asia came alive at MR D.I.Y. Plus, Mid Valley Kuala Lumpur, as MR D.I.Y. officially announced the winners of its inaugural MR D.I.Y. Regional Art Competition, held under the inspiring theme “Identity & Diversity.” This first-ever regional edition marked a new milestone for MR D.I.Y.’s long-standing art initiative, bringing together creative talents from Malaysia, Indonesia, and Thailand in a celebration of culture, connection, and shared identity.

    The MR D.I.Y. Regional Art Exhibition showcases exceptional artworks by national winners from the three participating countries, each selected to represent their homeland at the regional level. Open to the public from 12 to 17 November 2025 at MR D.I.Y. Plus, Mid Valley Kuala Lumpur, the exhibition highlights the region’s artistic richness through pieces that explore personal and cultural narratives on identity, heritage, and diversity. Each artwork offers a unique perspective, reflecting Southeast Asia’s dynamic blend of traditions and contemporary creativity.

    A panel of nine distinguished judges from Malaysia, Thailand, and Indonesia convened on 30 October 2025 to evaluate the finalists’ works based on creativity, originality, and interpretation of the theme. The Malaysian judges included Ivan Gabriel, Bingley Sim, and Liong Mei Yin; Thailand was represented by Vichaya Mukdamanee, Subhachog Jumsai Na Ayudhya, and Watjanasin Charuwattanakitti; while Ristyo Hartanto, Budhy Irawati, and Haryadi Tandio formed the Indonesian panel.

    Mohd Al-Khuzairie proudly stands with his Grand Prize winning artwork – “In the Mood of Love: Time and Memory”

    The Grand Prize (Public Category) was awarded to Mohd Al-Khuzairie from Malaysia for his evocative piece “In the Mood for Love: Time and Memory,” while the Grand Prize (Educational Category) went to Diandra Lamees from Indonesia for her expressive artwork “Upacara Imlek Versiku.” Both artists were commended for their powerful storytelling and emotional depth that captured the spirit of the competition.

    Speaking at the ceremony, MR D.I.Y. Group Chief Executive Officer, Adrian Ong, shared the company’s vision behind the initiative: “This competition represents more than just art – it’s a celebration of who we are as a region. By connecting artists from different countries, we hope to inspire more creativity, understanding, and appreciation of the diverse cultures that make up Southeast Asia.”

    Launched in 2022, the MR D.I.Y. Art Competition began as a national platform to nurture homegrown artistic talent and foster an inclusive creative community in Malaysia. Its success and overwhelming response encouraged MR D.I.Y. to expand the initiative regionally, reflecting the brand’s own growth across Southeast Asia. Through this platform, MR D.I.Y. continues to champion arts and culture as vital expressions of identity, creativity, and unity.

    For the full list of winners and more details about the MR D.I.Y. Regional Art Competition, visit mrdiy.com or follow MR D.I.Y. on Facebook, Instagram, and TikTok.

  • “Guangdong in Frames, Souls in Resonance — Chinese Film Week” Opens in Kuala Lumpur, Showcasing the Creative Spirit of Guangdong Cinema

    “Guangdong in Frames, Souls in Resonance — Chinese Film Week” Opens in Kuala Lumpur, Showcasing the Creative Spirit of Guangdong Cinema

    The Guangdong in Frames, Souls in Resonance — Chinese Film Week officially opened this evening at GSC MyTOWN, Kuala Lumpur, marking the Malaysian stop of its Southeast Asian tour. The week-long event shines a spotlight on five remarkable films produced in Guangdong, each offering a window into the region’s creative energy, artistic depth, and evolving voice in contemporary Chinese cinema.

    The opening ceremony brought together key representatives from both China and Malaysia’s film industries, including the Guangdong Film & Television Service Platform, the Guangzhou Film Association, and Beyond Frozen Films. From Malaysia, the National Film Development Corporation Malaysia (FINAS), local partner Blackflag Sdn. Bhd., and Official Cinema Partner GSC International Screens joined the celebration. Also in attendance were filmmakers, cultural figures, and members of Malaysia’s film community — all united in supporting the growing cinematic exchange between Guangdong and Southeast Asia.

    Delivering the keynote address, Zhao Meng Fei, Director of the Guangdong Film & Television Service Platform and President & Secretary-General of the Guangzhou Film Association, expressed gratitude for Malaysia’s warm reception. “Film is a universal language that transcends borders and connects hearts,” he said. “China and Malaysia share deep cultural roots — from the echoes of Cantonese dialects to the aroma of tea shared across tables. These five films reflect Lingnan’s humanity and its love for life. Through light and shadow, we hope to let friendship and culture flourish even more vividly.” Zhao also highlighted that the upcoming 2025 Guangzhou Film Expo, scheduled for December, will continue to strengthen collaboration between the two nations by remaining “market-oriented, audience-driven, and internationally connected” — part of China’s broader vision to enhance its global cinematic presence.

    The evening culminated with the Malaysian premiere of The Sun Rises on Us All by Cai Shangjun — the first Guangdong-produced film ever selected for the Main Competition at the Venice Film Festival, where actress Xin Zhilei took home the prestigious Volpi Cup for Best Actress. Director Huo Meng, whose acclaimed feature Crossing the Border – Zhaoguan is also part of the lineup, was present to engage with Malaysian audiences and share insights into his filmmaking journey.

    Running from 12 to 16 November 2025, Guangdong in Frames, Souls in Resonance — Chinese Film Week features a diverse line-up that encapsulates the creative breadth of Guangdong cinema. The programme includes Cai Shangjun’s The Sun Rises on Us All, Huo Meng’s Crossing the Border – Zhaoguan, the Cantonese opera-inspired White Snake, the heartfelt Teochew family drama Back to Love, and the visually stunning animated feature Fall Into the Mortal World.

    All screenings will take place exclusively at GSC MyTOWN, Kuala Lumpur. Tickets are available through GSC ticketing kiosks, the official website gsc.com.my, and the GSC Mobile App — inviting Malaysian audiences to experience the artistry, humanity, and cultural resonance of Guangdong’s modern cinema.