Kota Kinabalu: Ambank Group is the first bank in Malaysia to launch its Bizhub e-commerce platform to help its customers to sell their products and services online to millions of potential buyers.
This was revealed by Ambank Business Banking Managing Director Christopher Yap who is in charge of AmBank’s strategy development and expansion plans in the entrepreneurial and SME sector.
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“Unprecedented times call for unprecedented measures.”
The Covid-19 pandemic has made companies realise the need to digitalise their business operations as a new normal as customer and market behaviours have changed, and Ambank has made available funding and the platform for such transformation to reinvent themselves in the new post-Covid era.
For many SMEs, it will be a steep learning curve towards digitalisation, adopting Fourth Industrial Revolution (IR4.0) processes which requires a new brave mindset to learn, unlearn, and relearn as well as to reskill and upskill talents.
Dato' Sulaiman Mohd Tahir
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“Failure to change would see new more efficient business and more competitive players encroach into your market and you will likely lose out to the competition,” says Dato' Sulaiman Mohd Tahir, Group Chief Executive Officer, AmBank Group.
Royce Tan
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The key word for the Fourth Industrial Revolution (IR4.0) is connectivity. It is not just about connecting the hardware but also the processes in the era of connected industries, says panel speaker on IR4.0 Royce Tan of Bosch Rexroth, emphasising on the IR4.0 connectivity inside upstream and downstream processes of businesses.
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The Ministry of International Trade and Industry (MITI) is leading Malaysia’s efforts to adopt the Fourth Industrial Revolution (IR4.0) for industrialisation transformation, says MITI Director of Sectoral Policy I Vimala Murugan.