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PETALING JAYA: Aeon Co (M) Bhd is focusing on its digitalisation effort and deferring its investments in new physical stores to refine and enhance its new retail model.
PETALING JAYA: Axiata Group Bhd has recorded a net profit of RM75.56mil for the first quarter ended March 31,2021, which was a 59.83% reduction year-on-year (y-o-y).
KUALA LUMPUR: Regional telecommunication company Axiata Group Bhd reported steady revenue and improved margins in the in the first quarter, despite stiff competition in key markets.
SEOUL: South Korea’s central bank yesterday said it will choose a technology supplier to build a pilot platform for a digital currency, moving a step closer to creating a central bank-backed digital currency.
Axiata’s digital platform, Boost Holdings, expands into Indonesia
Axiata Digital Bhd’s fintech holding arm Boost Holdings Sdn Bhd is expanding its operations into Indonesia with the purchase of a 68% stake of the country’s PT Creative Mobile Adventure.
WHILE digital banking seems like an exciting venture, it is a challenging business and there is no certainty that any licence holder will make a profitable venture out of it.
Bank Negara’s backing on the nation’s transition to a virtual economy is seeing many players wanting a piece of the pie