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Business

Orion IXL to bring fintech solutions to Indonesia

KUALA LUMPUR: Financial technology and business solutions provider Orion IXL Bhd is embarking on the first overseas roll-out of its financial technology (Fintech) solutions for Indonesia’s market, in a partnership with PT Kirana Investima Nusantara.

Business

Orion IXL to bring fintech solutions to Indonesia market

KUALA LUMPUR: Financial technology and business solutions provider, Orion IXL Bhd is embarking on the first overseas roll-out for its financial technology (Fintech) solutions into Indonesia's market with a partnership inked PT Kirana Investima Nusantara.

Economy

Fitch Solutions lowers GDP growth forecast to 4.6% in 2018 from 5.1%

PETALING JAYA: Fitch Solutions Macro Research, unit of Fitch Group, has revised downwards its forecast for Malaysia’s growth to 4.6% in 2018 from 5.1% previously, after the weaker than expected third quarter result.

Corporate News

Solutions provider Radiant Globaltech makes strong debut on Ace Market

PETALING JAYA: Retail technology solutions provider Radiant Globaltech Bhd made a strong debut on the Ace Market of Bursa Malaysia at a 27 sen premium above its issue price of 23 sen.

Banking

CIMB launches Biz123 to give SMEs a one-stop solutions support

KUALA LUMPUR: CIMB Bank (M) Bhd has has launched a one-stop platform that offers a complete range of solutions for businesses, from sole proprietorships to small and medium-sized enterprises (SMEs).

Corporate News

PUC Founder acquiring Singapore-based IT business solutions provider

PETALING JAYA: ACE Market-listed PUC Founder (MSC) Bhd has proposed to acquire the entire stake in Singapore-based IT business solutions provider Enovax Pte Ltd for SG$2mil (RM6.29mil) from Enovax’s sole shareholder Foo Yong Jio.

Corporate News

Goodway buys immigration security solutions firm for RM900m

KUALA LUMPUR: Rubber product manufacturer Goodway Integrated Industries Bhd is diversifying into the national security solutions sector by buying the entire equity interest in S5 Systems Sdn Bhd for RM900mil.

Banking

Standard Chartered shuts renminbi solutions team in the West

HONG KONG: Standard Chartered has shut its renminbi (RMB) solutions group in the United States and Europe, according to a source with direct knowledge of the matter, as part of a major restructuring that has forced the lender to take an axe to a fast-growing business in the industry.

Business

Health Solutions to ride on 20% growth of the industry

HEALTH Solutions (South East Asia) Sdn Bhd aims to achieve more than RM30mil in revenue this year compared with over RM20mil last year.

Business

Cuscapi aims solutions at small F&B outlets

Business management solutions provider Cuscapi Bhd targets this year to sell at least 500 of its Transight Xpress systems, which is used in the management of small enterprises in the food and beverage (FB) industry.