Ethis Global Sdn Bhd (“Ethis”), which operates regulated Shariah-compliant, ethical and impact focused investment crowdfunding platforms in Indonesia and Malaysia and social finance platform GlobalSadaqah, has announced the successful closure of its RM6.8 million pre-Series A fundraising round made into its various group entities by strategic and selected angel investors.
In the last 18 months, businesses around the world have been forced to adapt their business models and adopt the use of digital technology to continue reaching their clients and customers. Organisations that have not been able to evolve quickly enough have found themselves floundering in the post-Covid world - where going digital may make all the difference to whether a business dies, survives or thrives.
The economy has come to the point where the ‘Military-Industrial-Media-Entertainment-Network’ is so sophisticated that a hypermedia environment has given birth to a new preferred battlefield. This latest form of “extension of policy by all means” states the ultimate target as the mind, the cognitive reality of individuals and groups. The […]
“A retreat to Nasi Lemak” is defined as an economic phenomenon which see someone lose their job and in response “retreats” to making nasi lemak in the interim, as a way to generate income. Another aspect in this phenomenon, sees another individual lose their job and instead of dining out […]
According to the Entrepreneurship Development and Cooperatives Ministry in a Parliamentary written reply dated Nov 5, 2020, a total of 32,469 SMEs had folded since March 2020 when the movement control order (MCO) was first implemented to curb Covid-19. The Ministry, quoting statistics by the Companies Commission of Malaysia (SSM), said that 9,675 SMEs shut down operations during the first phase of the MCO from March 18 to June 9. Then a further 22,794 SMEs shut down during the recovery MCO that took place from June till September last year, with the highest figure recorded in August with a total of 17,800 SMEs.
The ‘Five-Point Consensus’ on Myanmar reached at the ASEAN Summit on Saturday, is an encouraging step forward in ASEAN’s ongoing efforts to resolve the current crisis in Myanmar. The EU joins ASEAN in calling for an immediate cessation of violence and […]
CapitaLand Malaysia, a unit of CapitaLand, one of Asia’s largest diversified real estate groups, is bringing added convenience to shoppers with a series of digital initiatives as part of its omnichannel strategy to help Malaysians adapt to the new normal amidst the coronavirus (COVID-19) pandemic.
• As 1exchange’s second cross-border listing, Jocom raises aggregate proceeds of S$5.6m from the listing • Jocom intends to complete its transformation as a fully-branded, end-to-end, ‘category killer’ grocery mobile app in Malaysia • Funds raised will go towards the Group’s expansion to West Malaysian states and to overseas markets […]
