Malaysia and Indonesia rush to slice up $3tn global halal market

Malaysia and Indonesia rush to slice up $3tn global halal market

Digital Economy, Entrepreneurs, Farming & Agriculture, Fishing, Industry 4.0, Sabah, Sarawak, Smart City
KUALA LUMPUR/JAKARTA -- Japan may have a minuscule Muslim population, but the country still represents the way forward for Malaysia's Faisal Ahmad Fadzil and his line of halal-certified bath products and massage oils. "If you're successful in Japan," Faisal said, "you can go anywhere." Malaysian exporters of Shariah-compliant products aim to go anywhere and everywhere, capitalizing on a global Islamic economy projected to be worth over $3 trillion by 2023. But with such an enormous opportunity comes formidable competition. Indonesia, home of the world's largest Muslim population, is looking to mount a serious challenge. The Arabic term "halal," which means "permissible," covers everything that conforms to Islamic law as written in the Quran. The best-known rules prohibit pork and alcohol, but the scripture can be applied to all sorts of…
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Drone Opior Asal Indonesia Juarai Startup Borneo 2018 di Malaysia

Drone Opior Asal Indonesia Juarai Startup Borneo 2018 di Malaysia

Aviation and Aerospace, Community Initiative, Digital Economy, Entrepreneurs, Industry 4.0, Kalimantan, Our Community, Sarawak, Smart City
Inionline.Id – Drone Opior berhasil menjadi yang terbaik pada ajang Startup Borneo 2018 yang diselenggarakan di Malaysia. Drkne tersebut merupakan drone besutan dari tim Borneo Skycam. Tim Borneo Skycam berhasil mengalahkan kontestan lain dar berbagai negara asia tenggara. Borneo Skycam merupakan satu diantara tiga peserta yang mewakili Indonesia di ajang tersebut. “Borneo Skycam merupakan satu di antara perwakilan dari tiga wakil yang mengikuti startup pitch di Malaysia. Alhamdulillah dan bangga kita berhasil mendapat juara pertama,” ujar Ketua Tim Proyek Opior , Borneo Skycam , Hanjon Mahmudi. “Opior merupakan pesawat tanpa awak bertenaga surya hasil riset Borneo Skycam yang mampu terbang selama 10 sampai 16 jam non-stop. Pesawat ini nantinya dapat digunakan untuk pemetaan, survei medan yang sulit, satelit lokal, bahkan mata-mata” tambahnya. Drone Opior pertama kali dirilis pada Maret 2018…
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Should Sarawak start an airline?

Should Sarawak start an airline?

Aviation and Aerospace, Digital Economy, Entrepreneurs, Industry 4.0, Sarawak, Smart City
LIKE the Sarawak government and many ordinary Sarawakians, the state’s tour and travel operators and the business community in general seem to finally have had enough of our national airlines. They joined the growing chorus publicly criticising the airlines, in particular AirAsia. What caused the local travel industry to finally snap was the decision by AirAsia to abruptly cancel the Kuching-Shenzhen flight at the end of the month, without prior consultation with the state government (which reportedly subsidised the flights) or local industry players. Various reasons have been given for the cancellation but none are very convincing. This is not the first time the low-cost airline has left Sarawak air travellers and travel industry in a lurch. Some years earlier, it, too, abruptly cancelled Kuching-Jakarta flights despite promising load factors.…
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CM urges KIK teams to join startup firms

CM urges KIK teams to join startup firms

Digital Economy, FinTech, Industry 4.0, Sarawak, Smart City
KUCHING: Innovative and Creative Group (KIK) teams from the public sector are encouraged to join startup companies as platforms to market their products or services. Chief Minister Datuk Patinggi Abang Johari Tun Openg said over the years, the KIK teams had come up with innovative and unique products, making it timely for Sarawakians to compete in the global market. Speaking at the closing of the Sarawak-level KIK convention at UCSI Hotel here on Wednesday evening, Abang Johari said he’s amazed at the number of products or services which were nurtured at a startup company called ‘Plug and Play’ in California’s Silicon Valley, USA. “There are companies from South Korea, Singapore and Indonesia under the Plug and Play (accelerator programmes), but no Malaysian companies.” He said if our own products were…
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Jobs of the future: Top five emerging careers

Jobs of the future: Top five emerging careers

Creative Arts & Design, Digital Economy, Entrepreneurs, Farming & Agriculture, FinTech, Fishing, Industry 4.0, Kalimantan, Our Community, Renewable Energy, Sabah, Sarawak, Smart City
CHOOSING the right course to study after secondary school is one of the most important decisions in life. With an array of courses available, the guidance of an experienced and knowledgeable education counsellor is invaluable after the Sijil Pelajaran Malaysia (SPM) and Sijil Tinggi Persekolahan Malaysia (STPM) examinations. Regardless of whether school-leavers are from the arts or science stream, it is important to select a discipline that matches interests. Malaysian Institute of Human Resource Management human resource adviser Geh Thuan Hooi said the programme of choice must be relevant now and in the future or graduates risk being left behind. “With the advent of Industry 4.0 where artificial intelligence (AI) will replace many present jobs, anything related to data analytics, information technology and robotics are good fields to venture into.…
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Why countries need to work together on AI

Why countries need to work together on AI

Digital Economy, Entrepreneurs, FinTech, Industry 4.0, Smart City
At some point, a collaborative approach to AI problem-solving will become essential. Artificial intelligence, or AI, is driving massive shifts across the globe, and every day more questions arise. The narrative in the media focuses heavily on an “AI arms race”, with the US and China as the key players. But there is more to the story. The US and China are certainly central figures but they are not the only ones in the race, and the finish line and what characterizes a “winner” is still unclear. There is no doubt, however, that AI will have a generational impact; for example, PwC estimates that AI could increase global GDP by $15.7 trillion by 2030. Given the sweeping societal considerations and monetary benefits, it is not surprising that governments around the…
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Tax on natural resources reflects true value of what Sarawak owns, economist points out

Tax on natural resources reflects true value of what Sarawak owns, economist points out

Digital Economy, FinTech, Industry 4.0, Renewable Energy, Sarawak, Smart City
Associate Professor Dr Fatimah Karii KUCHING: The Sarawak government has been praised for introducing its own sales tax for petroleum products. Stressing that economic growth is about strategy and bold decision, Associate Professor Dr Fatimah Kari of Universiti Malaya (UM) said Sarawak is actually deprived of the profits of the true value of its resources despite being at the top of the country’s social prosperity indicator by virtue of its position as an oil and gas producer. Despite having resources such as oil and gas, “the sharing of wealth that benefits the producer state was minimal,” she pointed out. She was asked to comment on the impact of Sarawak-produced oil and gas on the state’s Gross Domestic Product (GDP), pointing out it is taken away by Putrajaya which creates an “outwardly…
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General Motors starts taking orders for its electric bicycle

General Motors starts taking orders for its electric bicycle

Digital Economy, Entrepreneurs, Industry 4.0, Renewable Energy
General Motors starts taking orders for its electric bicycle General Motors is taking orders for its new electric bicycle, the Ariv. The investment is one of several automakers are making to diversify their portfolios. There is growing uncertainty over the future of car ownership. The Ariv will first be available in Europe, where e-bikes are popular. General Motors just unveiled its electric bicycle in a bid to arm itself against an uncertain future for cars. The largest U.S. automaker on Thursday released the name of its bike, Ariv, and said it will start taking orders in select countries in Europe The name is the result of a crowdsourced campaign announced in November. There are two versions: the Meld, a compact e-bike, and the Merge, a folding e-bike. GM is launching…
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South Korean Company To Build US$6.5 Billion Industrial Zone In Indonesia

South Korean Company To Build US$6.5 Billion Industrial Zone In Indonesia

Digital Economy, Entrepreneurs, Industry 4.0, Kalimantan, Our Community, Smart City
The project, which includes a seaport and power plant, will be built on 5,664 hectares of land in the country’s North Kalimantan province. (SCMP) – A private consortium led by a South Korean company has announced that it will invest an estimated US$6.5 billion in a new industrial zone, seaport and coal-fired power plant in Indonesia’s North Kalimantan province. The project will be built on 5,664 hectares of land at the Tanah Kuning-Mangkupadi international port and industrial zone, which is currently under construction. Choi Jong-oh, CEO of consortium leader PT Dragon Land, said the exact amount to be invested will only be fixed once a feasibility study, bankrolled by the South Korean government, has been completed in about a year’s time. Jo Sol, from South Korea’s Ministry of Oceans and Fisheries, confirmed…
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Southeast Asia eclipses China as world’s mobile economy hot spot

Southeast Asia eclipses China as world’s mobile economy hot spot

Digital Economy, Entrepreneurs, FinTech, Industry 4.0, Kalimantan, Sabah, Sarawak, Smart City
Thais, Indonesians and Singaporeans are big-time online bankers, shoppers and ride-hailers SINGAPORE -- Southeast Asians are outpacing the Chinese in embracing the mobile economy, with higher percentages of the population in several countries using smartphones to do their banking, to shop and hail rides. China may be home to giant e-tailers like Alibaba Group Holding, but Indonesia has the world's highest mobile e-commerce penetration rate, a new report reveals. Thailand leads the way in mobile banking penetration, while Singapore is ride-hailing central -- two fields in which China doesn't even crack the top five. The findings explain why investment money is steadily pouring into Southeast Asian startups. That money is fueling a digital revolution that has already made the region one of the world's most powerful growth drivers, while China grapples…
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