Kuala Lumpur, MALAYSIA, 28 December 2020 – Visa, the world's leader in digital payments, today announced Malaysia has achieved a new milestone with contactless payments representing more than 50 per cent of all Visa face-to-face transactions. This is largely driven by usage in key categories such as food and groceries, quick service restaurants, department stores and drug stores in the country.    

Ng Kong Boon, Visa’s Country Manager for Visa Malaysia, said, “The COVID-19 pandemic has fuelled the adoption of digital payments in Malaysia, especially contactless payments and eCommerce. In the past couple of years, we have seen strong growth in contactless payments due to the expansion of contactless acceptance across the country. Consumer behaviours are also changing with a growing preference for digital purchases. We believe small businesses and merchants should focus on enabling digital payments acceptance and establish a digital presence to adapt in this changing environment.” 

Kuala Lumpur, December 28, 2020 – Setting a benchmark in Malaysia’s retail landscape,  IPC Shopping Centre is ringing in the new year through an innovative ‘phygital’ celebration with its ‘IPC Live Shopping Fiesta’. Upholding the annual Mutiara Damansara New Year’s Eve countdown festival, the shopping centre will be adapting the event into a 12-hour continuous shoppable livestream consisting of exclusive deals, giveaways, and entertainment from local and international artists.

Running from 12.30 pm on 31 December 2020 until 12.30 am the next day, it will be Malaysia’s longest and fully shoppable Facebook Live. The event is an opportunity for IPC, its tenants and partners to play a key role in bringing its communities together during this festive period in a way that is convenient, economically-friendly, and safe.

SEOUL, Dec. 28, 2020 — The Consumer Technology Association (CTA®) is recognising LG Electronics (LG) for ground-breaking innovations in technology and design with a number of 2021 CES® Innovation Awards. Led by two Best of Innovation Awards for its LG OLED TV technology and LG InstaView® Door-in-Door® Refrigerator technology, LG will be receiving dozens of CES Innovation Awards, the most awards ever for LG. 

CES 2021 marks the eighth consecutive year that LG OLED TVs, sound bars, home appliances, premium smartphones and more have all received CES Innovation Awards, the official industry recognition for the most innovative products introduced at CES, the global stage for innovation.