Kuala Lumpur, 25 October 2021 – Alliance Bank Malaysia Berhad (“Alliance Bank” or the “Bank”) recently successfully raised funds through its Solidarity with Our Community campaign to provide more than 1,300 food boxes and necessities to vulnerable communities.

The campaign saw Alliance Bank’s employees, management and the Malaysian public raise funds and support local communities impacted by the pandemic. The Bank matched employees’ and the community’s fundraising efforts by providing a 2-to-1 match for every ringgit donated. Funds were raised via SocioBiz, Alliance Islamic Bank’s Shariah-compliant social crowdfunding platform.

Mercedes-Benz has finalized the planning for a regional After-Sales Logistics Center in Malaysia. Located in Senai Airport City - Johor Bahru, Mercedes-Benz signed a long-term lease agreement for the location, where start of operations planned for the beginning of 2024. For the development of the new building Mercedes-Benz has found a partner in the developer Tiong Nam Logistics Solutions Sdn Bhd. The company will be in the lead for developing the location and the owner of the new warehouse.

“With our planned After-Sales Logistics Center, Mercedes-Benz is committed and will invest to strengthen our foothold in Malaysia. We have found excellent conditions and great support in cooperation with MIDA and the related ministries. Located strategically in Johor Bahru, this new After-Sales Logistics Center will enable us to reaffirm our position as a global and regional distribution hub whilst creating new jobs for the region. Both our customers and our dealer networks will enjoy a good service and high-quality standards through this new infrastructure,” said Thomas Schulz, Vice President Global Service & Parts Operations.

Kuala Lumpur, Malaysia, October 22, 2021 – Alibaba DAMO Academy, the global research initiative by Alibaba Group, has unveiled a cloud-based AI-powered nowcasting platform capable of predicting short-term weather conditions up to six hours in advance.  

The Short-term AI Weather Forecasting Platform, now available to Alibaba Cloud’s clients  in China, produces high-resolution imagery with one-kilometer grid spacing with updates  available every 10 minutes. Capable of tracking rainfall, wind speed as well as severe  weather conditions such as thunder and hailstorms, the platform promises to deliver  tangible value to weather-dependent sectors, including agriculture, logistics, transportation  and renewable energy.