AUGUSTASIA BUSINESS OUTLOOK4 Vol 01 · Issue 01 - 8 · AUGUST, 2024 Alok ChaturvediPublisherManaging EditorSudhakar SinghAssociate EditorDarshan KAssistant EditorKeerthana H KEditorial Team Roshan AktharNalini Bramhanapalli Viswanathan AManager - DesignPrabhu Dutta A.R.N RayEditorial queries editor@asiabusinessoutlook.comSales Team Vinson Raj Vandana S Shajilal Akshay Pratap Singh Shubham GroverTo subscribeVisit www.asiabusinessoutlook.com/subscribe/ or send emailto subscription@asiabusinessoutlook.comMagazine Price is $30 per issuePublisher Alok ChaturvediPrinted and Published By Alok Chaturvedi on behalf of Biz Print Media Pvt. Ltd. and Printed at Executive Prints - 113/7, Ground floor, Old madras road, Halasuru, Bangalore 560008 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2024 Biz Print Media Pvt. Ltd. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.Senior Designer Rajesh R BVisualizer Aruna Ksuanya chakrabortyGM Sales & Marketing Nagendra Kumar KCirculation Manager P MagendranHigh-Tech Evolution in Malaysia The existing business environment in Malaysia is in the process of a dynamic change due to the technological progress, governmental initiatives, and changes on the market. On top of it is the fast advancing digitalization front that is now hitting industries. Businesses are turning to digital technologies in an attempt to improve business processes, customer relations, and analytics. This shift is evident in the government's call for a digital economy. Such measures are intended to stimulate innovation, attract high-technology investments, and create a highly competitive digital environment. The pandemic has forced the uptake of e-commerce, Fintech, and work from home solutions. The store-based retailing model adopted a new shift to online selling where SMEs have shifted to selling products online to reach many customers. Fintech is evolving with solutions ranging from mobile wallets to digital banking supported by a young and technologically aware citizenry and favorable policies. What was once a forced adaptation has become a new standard for work, which requires companies to build solid digital foundations and protect against threats. Awareness for sustainability and green practices is on the rise; it is a trend observed in the global business environment. The Malaysian government has shown its sustainability principles through the policies it has adopted on renewable energy, green funds, and sustainable cities. Companies are incorporating ESG factors into their operations as they realize the value of sustainability for the organization's image and bottom line. In addition, the manufacturing sector is changing by incorporating Industry 4.0 technologies including IoT, AI and automation. This evolution is to improve efficiency, cut costs and spur innovation. It is with the view of staying updated with the emerging trends in this region's business landscape that Asia Business Outlook has come up with a special issue containing stories of companies that have demonstrated their capability through their expertise. To strengthen this region's business landscape with their tightly-knit and result-oriented approach, they are setting new standards of effectiveness. Your input is valuable to us and we would appreciate your feedbacks and suggestions. Sudhakar SinghManaging Editoreditor@asiabusinessoutlook.com
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