October 2023 - IKON Malaysia

TusStar Asia-Pacific Director Ravenna Chen Named Among Forbes China’s 100 Most Influential

31Oct

By Webmaster IKON MalaysiaNo Comments

TusStar Asia-Pacific Director Ravenna Chen Named Among Forbes China’s 100 Most Influential

Ms. Ravenna Chen Yaohui, the Director of TusStar Asia-Pacific The "2023 Forbes China 100 Most Influential Chinese Selection" awards ceremony was held on October 27th in Shanghai. Among the distinguished honourees, Ms. Ravenna Chen Yaohui, who serves as the Director of TusStar Asia-Pacific, was honoured in the 'Growth Potential' category. This category is designated to commend exceptional individuals, and it necessitates that the companies represented by the honorees possess a valuation surpassing 100 million RMB or demonstrate a revenue generation exceeding 50 million RMB. She has expressed her commitment to further empowering technology companies and fostering a robust science and innovation ecosystem. Her objective is to facilitate the exchange and cooperation of scientif...

UnionPay Cardholders Can Easily Pay at all QR Merchants in Malaysia Now

31Oct

By Webmaster IKON MalaysiaNo Comments

Business, Fashion

UnionPay Cardholders Can Easily Pay at all QR Merchants in Malaysia Now

Now, all QR merchants in Malaysia can service consumers with UnionPay, building on the collaboration between UnionPay International (UPI) and Payments Network Malaysia Sdn Bhd, or PayNet, Malaysia's national payments network. This cross-border QR code linkage enables the full acceptance of the UnionPay App (Chinese-mainland, Hong Kong and Macao versions) and Chinese-mainland bank apps connected to the UnionPay App Network Payment Platform at the QR merchants in Malaysia. As the designated operator of DuitNow QR, Malaysia's national QR code standard, PayNet works with all QR merchants in the country totaling over one million, which can service UnionPay cardholders without any adaptation of the systems or the QR code. Besides, newly-enrolled QR merchants in Malaysia will suppor...

Sunway Group Founder Jeffrey Cheah Honoured with Knighthood for Services to Education and Philanthropy

31Oct

By Webmaster IKON MalaysiaNo Comments

The IKON

Sunway Group Founder Jeffrey Cheah Honoured with Knighthood for Services to Education and Philanthropy

Tan Sri Dr. Jeffrey Cheah, the founder and chairman of Sunway Group, has been granted the honorary title of Knight Commander of the Most Excellent Order of the British Empire by King Charles III of the UK. This honour recognises Cheah's significant contributions to higher education, healthcare services, and philanthropy. It also acknowledges his pivotal role in fostering partnerships between various UK institutions and entities in Malaysia, promoting bilateral relations between the two countries. Cheah expressed his deep gratitude for the honor and highlighted its alignment with the work of Sunway Group and the Jeffrey Cheah Foundation in positively impacting society and Malaysia. He has played a key role in supporting higher education and healthcare services, disbursing o...

Strong Singapore dollar causing permanent brain drain from Malaysia

31Oct

By Webmaster IKON MalaysiaNo Comments

Opinion

Strong Singapore dollar causing permanent brain drain from Malaysia

Thanesh, who has a diploma in IT and management, jumped at the opportunity of a job in Singapore even though he has to start work a few days before the Deepavali celebrations. He has secured a job with a company providing ground handling services in Changi Airport and starts with a basic salary of S$2,000 (RM6,982) per month. With an allowance and overtime, Thanesh expects to get a net monthly income of S$2,300. He estimates his travel expenses from Johor Bahru, where he will stay, to Changi Airport in Singapore to be less than S$350 per month. After deducting the cost of accommodation and food, Thanesh is confident of setting aside more than RM1,000 per month. What workers like Thanesh are expecting to put aside as savings corresponds closely with the findings of a survey on wh...

Bukit Aman Department Seizes Nearly RM800 Million in Contraband and Makes Over 4,000 Arrests, Reports IGP

31Oct

By Webmaster IKON MalaysiaNo Comments

News

Bukit Aman Department Seizes Nearly RM800 Million in Contraband and Makes Over 4,000 Arrests, Reports IGP

The Inspector-General of Police, Tan Sri Razarudin Husain, announced that the Bukit Aman Internal Security and Public Order Department has seized contraband, drugs, and other illicit items worth nearly RM800 million during thwarted smuggling attempts this year. The department reported 6,476 cases and 4,356 arrests from January to September. A variety of contraband, valued at RM789.99 million, was confiscated during these operations. Notable achievements included the Wildlife Crime Bureau's seizure of illegal frozen food worth RM21 million, the General Operations Force's confiscation of 495kg of syabu worth RM17.8 million, the Federal Reserve Unit's RM37.3 million seizure in 28 raids, and the Marine Police's seizure of RM37.1 million worth of contraband and the arrest of 64 su...

World’s oldest dog ever dies in Portugal, aged 31

30Oct

By Webmaster IKON MalaysiaNo Comments

Entertainment

World’s oldest dog ever dies in Portugal, aged 31

A 31-year-old dog in Portugal that had been ranked as the world’s oldest dog ever has died, his owner said Monday. The guard dog, called Bobi, died over the weekend in a veterinary hospital, Leonel Costa told The Associated Press. Bobi lived on a farm in the village of Conqueiros in Portugal with Costa and four cats. He was born on May 11, 1992, when his owner was just 8 years old. In an interview earlier this year, Costa told the Associated Press that Bobi’s secret to a long life was good food, fresh air and lots of love. “Bobi eats what we eat,” said Costa. What’s more, Bobi had never been put on a leash. Bobi claimed the Guinness World Record from Bluey, an Australian cattle dog, who died in 1939 aged 29 and had held the record for almost a century. Officials at t...

Egg-Cellent Success: The Ethical Journey of Vital Farms from Humble Beginnings to a $450 Million Powerhouse

30Oct

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Business, The IKON

Egg-Cellent Success: The Ethical Journey of Vital Farms from Humble Beginnings to a $450 Million Powerhouse

Matt O’Hayer, a serial entrepreneur, embarked on a mission with a deeper purpose. The result was Vital Farms, the largest producer of pasture-raised eggs in the United States. Launched in 2007, this business emerged from a different perspective, focusing on animal welfare and sustainable farming. Today, it works with over 300 family farms, processes millions of eggs daily, and has revenues soaring into the hundreds of millions. From Carpets to FarmsO’Hayer's entrepreneurial journey began with a carpet cleaning and janitorial services company at the age of 20. He went on to initiate around 50 businesses, from travel companies to sailboat charters. However, Vital Farms became his most significant endeavor when he pivoted away from traditional entrepreneurship to follow his conviction...

Biden Administration Encourages Office-to-Apartment Conversions to Address Housing Crisis

30Oct

By Webmaster IKON MalaysiaNo Comments

Business

Biden Administration Encourages Office-to-Apartment Conversions to Address Housing Crisis

The Biden administration is tackling the housing crisis by proposing a plan to repurpose empty office spaces into residential apartments. The pandemic has led to a surplus of vacant offices as remote work becomes the norm, while housing demand continues to surge. Converting offices into residential units can be complex due to renovation costs and zoning regulations. To incentivise developers, the White House is making over $35 billion available through grants and low-interest loans from existing federal programs. Additionally, the initiative provides technical support to streamline the conversion process. The Department of Transportation will allocate resources to fund housing projects near transit hubs. With office vacancies at a 30-year high, repurposing unused spa...