AEON Credit presents AEON Biker Gold Visa and AEON Biker Infinite Visa, catering to different segments of bike-owners in Malaysia

The AEON Biker Visa Cards were officially unveiled at a launch ceremony held at The Estate on Federal Hill last night, in the presence of Mr. Previn Pillay, Visa Country Manager for Malaysia, along with esteemed guests, business partners, and members of the media. The launch marks a significant step forward in AEON Credit’s ongoing efforts to deepen engagement with Malaysia’s dynamic motorcycling community while expanding its credit card portfolio.

 

In line with the Group’s purpose of “Bringing Finance Closer to Everyone”, AEON Credit continues to deliver financial solutions that are timely, accessible, and tailored to evolving customer needs. As a market leader in motorcycle financing, the Group currently holds approximately a 25% market share of newly registered motorcycles in the country. The introduction of the AEON Biker Visa Cards represents the next phase in its commitment to support customers beyond vehicle ownership by enhancing the riding lifestyle, rewarding everyday spending, and fostering a connected and empowered community of riders.

 

Mr. Daisuke Maeda (前田大輔), Managing Director of AEON Credit Service (M) Berhad with AEON Credit's latest credit card curated specifically for bikers: The AEON Biker Gold Card and the AEON Biker Infinite Card.

 

Mr. Daisuke Maeda, Managing Director of AEON Credit, said, “As Malaysia progresses toward high-income nation status, motorcycles are no longer just a necessity but a lifestyle choice. The AEON Biker Card is our response to this evolution, designed to support the needs and aspirations of today’s modern riders."

 

 

He further added, “These benefits are all part of our broader vision to cultivate a vibrant and connected biking community in Malaysia that celebrates freedom, passion, and shared experiences. This is just the beginning, as we are also collaborating with our merchants and manufacturers to bring even more privileges, promotions and custom deals through the AEON Wallet app, making the biking experience not only more rewarding but also safer and more accessible.”

 

 

"At Visa, we are thrilled to announce this partnership with AEON Credit, which is uniquely tailored to meet the needs of the biking community. With nearly 83 per cent of Malaysian households owning a motorbike, it underscores the significance of this community and highlights the need to create benefits that support and enhance the experiences of bikers. Our collaboration with AEON Credit to serve this segment of customers is testament to our ongoing efforts to cater to the diverse segments of our community, ensuring that every Visa cardholder can enjoy the advantages that align with their interests and way of life," said Mr. Previn Pillay, Visa Country Manager for Malaysia.

 

 

ABOUT AEON CREDIT SERVICE (M) BERHAD

 

Established in 1996 and listed on Bursa Malaysia, AEON Credit offers a comprehensive suite of financing services including Credit Cards, Easy Payment Schemes, Hire Purchase Financing for Motor Vehicles, Personal Financing schemes, Insurance brokering, and digital banking.

New research from CloudMosa shows digital inclusion is shifting from CSR to a core business strategy – and telcos stand to gain if they move quickly

• Majority (97%) of telco leaders say digital inclusion is now central to their business strategy, driven primarily by the need to bridge the digital divide (71%)

• With 92% of respondents seeing a strong alignment with government affordability initiatives as a key benefit of prioritizing digital inclusion

• Despite 2G network phaseouts progressing – with 62% of telcos completing the transition – 40% of Indian consumers still rely on 2G, exposing a critical gap in access

• 93% express confidence in cloud-powered solutions to help close the digital inclusion gap across high-growth markets

HONG KONG SAR - 18 June 2025 - Millions of would-be customers remain offline across Asia's fastest-growing digital economies. This is not a lifestyle choice; it's because telcos are overlooking them — and a big growth opportunity in the process. In India, Vietnam, and the Philippines alone, over 600 million people still lack affordable access to the internet. CloudMosa, a leading cloud and mobile technology company, today released its inaugural B-Gap Barometer report, exploring the barriers keeping people offline in markets with network access as well as attitudes to potential solutions.

Based on insights from senior telecommunication leaders across the digitally ascending markets of India, Vietnam, and the Philippines,

the report maps telcos' 2G-to-4G migration, identifies persistent barriers to digital inclusion, and outlines how decision-makers are rethinking innovation and business strategies amid network transitions. The research also reveals the shift we're seeing in digital inclusion becoming a strategic business priority, underscoring affordable access as the next frontier for growth.

"Telcos are racing to the future with 5G, but growth won't come from the top alone," said Shioupyn Shen, CEO of CloudMosa. "The real opportunity lies in those being left behind in the migration to 4G and beyond. This report is a call to action for industry leaders: those who move first to bridge the affordability gap will shape the next decade of the industry."

Rising demands for affordable connectivity

Telcos are now at a crossroads. According to the B-Gap Barometer, 62% of operators across India, Vietnam, and the Philippines have already completed their 2G shutdowns, and another 26% are prepared for migration. Yet, despite the rapid progress in network infrastructure to support 4G, large populations still rely heavily on 2G networks. This is particularly evident in India, where 40% reported that up to half their company's user base is still on 2G networks.

Despite existing network coverage, many users remain offline because affordability still prevents underserved consumers from fully participating in the digital economy – a challenge CloudMosa has termed the "B-Gap".

In the Philippines, 66% of telco leaders cite costly data plans as consumers' top barriers in transitioning to 4G and beyond. Vietnam and India follow closely, with 57% and 51% reflecting a similar sentiment. While more users are aiming to upgrade to smartphones – 73% in Vietnam and 62% in the Philippines – many still lean on feature phones given cost limitations. Seventy-five percent of Indian users still prefer traditional feature phones, driven by cost, simplicity, and reliability.

While the rest of the world is rushing towards 5G, these users present the region's most overlooked commercial opportunity and telcos are uniquely positioned to move them up the value chain to ultimately close this gap. Doing so will unlock revenue, drive education, employment, economic mobility, and social inclusion.

Why inclusion is now a business imperative

As telcos continue to grapple with legacy network costs, stagnant average rate per user, or how to expand to underserved markets, digital inclusion is no longer a CSR initiative. It is becoming a critical commercial strategy to reach more users across digitally ascending markets.

A staggering 97% of industry players across three markets pointed to digital inclusion as a central component of their business strategy, with the biggest driver being bridging the digital divide (71%), followed by aligning with CSR goals (56%). More than half (53%) see inclusion helping with market expansion, customer retention and loyalty. The benefits are multifaceted, but the bottom line is clear: digital inclusion is a business growth engine that telcos can't afford to ignore.

Driving the future of inclusive connectivity

While tech affordability has long been a challenge, key players are now presented with a solution in the form of cloud-based mobile devices to reach wider communities. Developed by CloudMosa, Cloud Phone is a breakthrough solution that transforms low-cost feature phones into modern, internet-capable devices. By shifting computing and data processing to the cloud, Cloud Phone delivers seamless online experiences that were previously out of reach for users on basic handsets.

In fact, telco leaders feel positively about this technology in helping to bridge the gap for billions of people worldwide that still lack crucial access. Ninety-one percent believe this solution can help close the B-Gap, with another 90% interested in its potential to dramatically improve UX for low-income users. Eighty-five percent have even cited running premium applications on low-cost devices as an attractive feature.

"We're not just bringing the internet to feature phones — we're unlocking opportunity for billions," Shen added. "What we've built with Cloud Phone introduces a new growth model for telecom carriers, phone manufacturers and content providers. We want to show the mobile ecosystem how doing good doesn't need to come at the expense of profitability. Telcos can still achieve commercial success while providing solutions that meet people where they are."

What's next: The business playbook for telcos

Traditionally viewed as low revenue customers, 2G feature phone users now represent a significant untapped opportunity. With cloud-based solutions reducing device and data costs, telcos can serve this segment profitably, offering app-based services on feature phones that operate like smartphones.

Solutions such as Cloud Phone offer a high-margin innovation platform to tackle the challenges telcos are facing by unlocking new growth while enabling digital transformation and wider business goals. Along with the right partnerships and business models, telcos can transform inclusion into real impact.

About the B-Gap Barometer Report

Strategic expansion and PSDC partnership set to accelerate Industry 4.0 adoption and talent development in Northern Malaysia

PENANG, June 18 (Bernama) -- KUKA Robotics Malaysia, a subsidiary of Germany-headquartered KUKA — a global leader in intelligent automation solutions and majority-owned by China’s Midea Group – today marked a significant milestone with the official launch of its new Penang branch in Bandar Cassia, Batu Kawan. This strategic move reinforces the company’s commitment to advancing industrial automation and robotics innovation in Malaysia and across the Asia-Pacific Economic region.
 
The ceremony was graced by YB Tuan Jagdeep Singh Deo, Deputy Chief Minister II of Penang, alongside senior representatives from the Ministry of Investment, Trade and Industry (MITI), Malaysian Investment Development Authority (MIDA), InvestPenang, and key industry leaders.
 
Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, congratulated KUKA on its office expansion to Penang, stating, “KUKA’s expansion into Penang underscores Malaysia's robust industrial ecosystem and the growing demand for advanced automation solutions. This new office will assume a key role in supporting our high-technology industries through closer customer engagement, enhanced technical services, and the development of local talent. The initiative is well aligned with the goals of the New Industrial Master Plan (NIMP) 2030, particularly in building Malaysia’s strengths in smart automation.”
 
This expansion follows KUKA’s successful establishment of its first Malaysian office in Puchong, Selangor and represents a strategic move to support Northern Malaysia's growing prominence in high-tech manufacturing and smart automation.
 
During the ceremony, KUKA signed a Memorandum of Understanding (MoU) with the Penang Skills Development Centre (PSDC) to collaborate on robotics training and workforce development — a key initiative aligned with Malaysia’s Industry 4.0 vision.
 
“Penang’s strength in advanced manufacturing makes it the ideal location for KUKA’s next chapter. We are proud to partner with state agencies and PSDC to shape the next generation of industrial talent,” said Mr. Tean Shen Zen, CEO of KUKA Southeast Asia.
 
“KUKA's investment in Penang reflects our confidence in Malaysia as a strategic partner for innovation in automation and robotics,” added Mr. Alan Fam, Chief Regional Officer, KUKA APeC.

The new facility features:

• State-of-the-art Application Center showcasing KUKA's latest robotic solutions

• Advanced demonstration areas for electronics, automotive, logistics, and medical applications

• Swisslog AutoStore demo facility highlighting intralogistics capabilities

• Training facilities for workforce development programmes

With this latest expansion, KUKA strengthens its footprint in Malaysia and reinforces its commitment to supporting the nation's Industry 4.0 transformation. The Penang branch is set to serve as a regional hub for innovation, technical support, and talent engagement — empowering businesses across sectors to embrace smarter, more efficient automation solutions.

SOURCE: Malaysian Investment Development Authority (MIDA)