6 December 2021
A report published last August shown that 69% of Malaysia workforces have indicated their preference to continue working from home, highest in the region, ahead of Singapore, China and Hong Kong.
Having more employees working from home opened up new vulnerabilities that cybercriminals were quick to target. The volume of corporate traffic grew as well as more users moved to using third party services to exchange data and work through potentially insecure Wi-Fi networks.
Kuala Lumpur, 6 December, 2021- Malaysian e-commerce platform Youbeli achieved a two-fold sales growth in the last two years amidst the Covid-19 pandemic. A warehouse facility for the platform was in place from June 2021 to provide better services to its customers. Since the completion of the facility Youbeli, in collaboration with Taiwan’s biggest e-commerce group PChome, now sees its merchants shipping out Taiwanese goods within 24 hours from the time they are ordered and also the shortening of delivery times to just two to three days. Youbeli is currently the only e-commerce platform in Malaysia to feature over half a million products from Taiwan, making it the platform with the widest range of Taiwanese products in Malaysia.
Kuala Lumpur, 6 December 2021 – Bursa Malaysia Derivatives Berhad (“Bursa Malaysia Derivatives”) today successfully launched its highly anticipated After-Hours (T+1) Night Trading Session (“After-Hours Trading”). The availability of After-Hours Trading will enhance the competitiveness and attractiveness of the Exchange’s products and the overall Malaysian derivatives market among local and international investors.
Available for its commodity and equity index derivatives contracts, After-Hours Trading is expected to bode well for Malaysia’s derivatives market with the clear benefits it offers. With its improved price discovery, After-Hours Trading can be used as a hedging and risk management tool, allowing investors to manage their risk exposure to price fluctuations in response to any major market movement that occurs during the US and European market hours.
