The global offshoring industry is undergoing a significant transformation because of technological advancements. There has been a transition from basic functions in the early days of first-generation outsourcing to specialised services.

Global offshoring a catalyst for office space demand in Malaysia

Banks, irrespective of size or credit strength, are consistently ramping up their cyber spending because of an escalating number of incidents. Events such as the ransomware attack on China’s biggest lender, the Industrial and Commercial Bank of China (ICBC), demonstrate how critical cybersecurity can be and the potential damage to bank operations.

Banks raise budgets to fight rise in cyber threats

Since 2000, floods have been the cause of 85% of all natural disasters in Malaysia, with the frequency increasing since 2020. The catastrophic floods of December 2021 highlight the significant impact unabated climate change could have on the Malaysian economy and financial sector.

Building resilience against floods in Malaysia

One of Pakatan Harapan’s biggest priorities when it came to power in November 2022 was to address the revenue leakage the government faced while shrinking the size of the shadow economy of illegal and unrecorded income.

The near-future standard of invoicing

Hydrogen is touted as the next alternative green energy solution. There are several projects and plants being developed in Malaysia as envisioned in the Hydrogen Economy and Technology Roadmap, and even more are under development globally.

Exploring hydrogen as an energy source

It pays — literally — to have skills and expertise in artificial intelligence (AI). Findings from a survey of employers and employees by Amazon Web Services — in collaboration with Access Partnership, a UK-based public policy consultancy focused on technology — show that having AI skills could boost salaries, productivity and career growth for workers. However, there is a lack of skilled talent to harness the full potential of AI.