Kuala Lumpur, 10 October 2019 – FWD Takaful Berhad (formerly known as HSBC Amanah Takaful (Malaysia) Berhad) (“FWD Takaful”) today launched its new online channel offering FWD Protect Direct, Malaysia’s first Takaful protection plan that can be participated online, covering up to four family members under one certificate with automatic underwriting. Marking the first phase of FWD Takaful’s digital distribution model, the channel allows customers to obtain Takaful protection online and receive immediate coverage. 

Salim Majid Zain, FWD Takaful’s Chief Executive Officer said they are happy to be able to offer online Takaful plans at this early stage in FWD Takaful’s digitalisation journey to allow customers to easily obtain Takaful protection and receive coverage instantly.

Trend Micro applauds the government’s continued focus on driving Malaysia’s digital economy as revealed during the tabling of the National Budget 2020.

We are supportive of the current direction that our country is taking, and the new economic opportunities being realized from initiatives such as the National Fiberization and Connectivity Plan (NFCP). The allocation of RM21.6 billion towards the NFCP and the 5G Ecosystem Development Grant worth RM50 million will significantly enhance Malaysia’s economic competitiveness by bridging the digital gap, as well as improving the adoption of Industry 4.0-related technologies that will further ramp up the productivity of Malaysian businesses.

KUALA LUMPUR, Malaysia — 11 October 2019 — NetApp is pleased by the government’s ongoing commitment towards boosting Malaysia’s growth in a new economy and digital era. The Budget 2020 announcements will play a pivotal role in ensuring the nation continues to advance along its path to digitalization.

We believe that initiatives for small-medium enterprises (SMEs) such as the provision of the 50% matching grant of up to RM5,000 per company to adopt digitalization measures for their business operations will have a positive impact on Malaysia’s digital economy. The government’s incentivization towards the greater implementation of these services, which are powered by data, is integral to digital transformation.