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Netflix tests cheaper mobile-only plan in Malaysia

[KUALA LUMPUR] Netflix Inc is testing a mobile-only subscription plan in Malaysiapriced at roughly half its current basic plan in the country, the global leader in video streaming said on Wednesday. Netflix’s mobile only plan costs just 17 Malaysian ringgit (S$5.60) a month, compared to its Basic plan which costs 33 ringgit. The company declined to give additional details […]

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Malaysians’ interest in 11.11 Singles’ Day sales is skyrocketing – here are the types of promotions on every top online shopping site

Singles’ Day promotions on online shopping sites are all the rage here in Malaysia, according to search trends seen on Google’s search engine. In a new analysis, Malaysian-based online shopping aggregator iPrice said it detected an exponential growth of interest in the Singles’ Day sales period. By analysing Malaysians’ search trends on Google, it detected that interest […]

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Singapore-based fintech expands to Malaysia

THE entry of Singapore-based private investment platform Fundnel into Malaysia will provide small businesses with more options to raise capital for growth. Fundnel was recently appointed by the Securities Commission (SC) Malaysia as the seventh Equity Crowdfunding (ECF) platform. Fundnel will provide a comprehensive suite of capital raising services targeted at local unlisted growth companies […]

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Malaysia: Increase in gaming taxes credit negative for Genting, says Moody’s

PETALING JAYA: The hike in taxes, fees and levies on the gaming industry, particularly the increase in casino duties of up to 35%, is credit negative for Genting Bhd , said Moody’s Investors Service. The increase in duties, which was announced in Budget 2019, would erode Genting’s earnings contribution from its Malaysian leisure and hospitality segment, consequently weakening the group’s leverage, it […]

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