PPC International managing director Datuk Siders Sittampalam.
THE Malaysian property market, despite still navigating the shocks of the Covid-19 pandemic from last year, is expected to perform better in 2021.
PPC International managing director Datuk Siders Sittampalam says while the pandemic “isn’t going to go away” soon, he is optimistic that the property market will find a way to “work around it.”
“The fear of the pandemic will not end anytime soon. It will take a while for everyone to go back to their normal live.
“With that said, people are going to have to work around it. You can’t expect to be placed under cold storage for too long. Life needs to go on and the real estate segment is the same, ” he tells StarBizWeek.
THE venture capital industry in Malaysia is reaching an inflection point, says Singapore-based private-equity firm CMIA Capital Partners and Malaysia-based Bintang Capital Partners Bhd.
They see a great deal of activity in terms of demand for capital. “The challenge now is to identify suitable sources of funding for these innovative ideas and shape them into a business that can achieve significant scale and impact in the country,” they said in a joint reply to The Edge.
Pandu Sjahrir, founding partner at AC Ventures an early-stage technology venture fund that focuses on investing in Indonesia’s digital disruptors concurs, noting that the local venture capital market has roughly doubled in size in the last decade in terms of capital inflows to just over US$2 billion (RM8 billion), with about half of this amount disbursed to investments.
How COVID-19 is Helping Countries Transform into Cashless Societies
How COVID-19 is Helping Countries Transform into Cashless Societies
Cashless societies will be the future. With COVID-19 increasing the use of digital payment services among consumers, service providers must leverage this momentum to retain users and transition them into the new “cashless” normal.
While COVID-19 helped increase digital payment adoption, 2021 will be the critical year to retain these users by demonstrating the convenience of digital payment solutions.
The world paused in 2020. What started as a localized outbreak in Wuhan grew into a global health crisis. In a blink of the eye, COVID-19 became a pandemic. In an attempt to stop the pandemic from claiming more lives, governments in different countries issued restrictions on people’s movement. By April 2020, over half of the world’s population was under mandatory lockdowns imposed by more than 90 governments worldwide. As of November 2020, th
Voice of the Industry
How countries transform into cashless societies in the aftermath of the COVID-19 crisis Tuesday 22 December 2020 11:05 CET | Editor: Raluca Constantinescu | Voice of the industry
Siska Melinda, Associate at
Frost & Sullivan, shares insights on how COVID-19 streamlined digital payment adoption in Asia–Pacific in 2020, transforming countries into cashless societies
While COVID-19 helped increase digital payment adoption, 2021 will be the critical year to retain these users by demonstrating the convenience of digital payment solutions.
Despite many companies going digital and shifting their business activities online, the COVID-19 pandemic has inevitably left a dent in economies. In October 2020 the International Monetary Fund (IMF) estimated that the Asia–Pacific region’s economy would contract by 2.2% in 2020. Through this ordeal, the role of local governments has become increasingly crucial. Economists called out the importance of increasing